Civic Intelligence

Hess Foundation Inc.

990T • Fiscal year 2023 • EIN 22-1713046

Dec 01, 2022 to Nov 30, 2023 • Filed on Oct 15, 2023

Organization Profile
14 Sylvan Way 3rd FLParsippany, NJ 07054

(973) 403-7997

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2011: $229,062,727Liabilities 2011: $02011Assets 2012: $234,950,269Liabilities 2012: $02012Assets 2013: $251,537,499Liabilities 2013: $02013Assets 2014: $264,133,412Liabilities 2014: $0Net Assets 2014: $264,133,4122014Assets 2015: $286,813,217Liabilities 2015: $0Net Assets 2015: $286,813,2172015Assets 2017: $102,337,403Liabilities 2017: $10,000,000Net Assets 2017: $92,337,4032017Assets 2018: $97,032,741Liabilities 2018: $0Net Assets 2018: $97,032,7412018Assets 2019: $98,911,380Liabilities 2019: $0Net Assets 2019: $98,911,3802019Assets 2020: $143,967,874Liabilities 2020: $10,000,000Net Assets 2020: $133,967,8742020Assets 2021: $164,543,842Liabilities 2021: $34,300,000Net Assets 2021: $130,243,8422021Assets 2022: $195,435,180Liabilities 2022: $50,000,000Net Assets 2022: $145,435,1802022Assets 2023: $211,018,720Liabilities 2023: $93,000,000Net Assets 2023: $118,018,7202023Assets 2024: $219,214,101Liabilities 2024: $132,415,146Net Assets 2024: $86,798,9552024

Latest loaded filing

2024

Assets$219,214,101
Liabilities$132,415,146
Net Assets$86,798,955
Open 2024 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MRevenue 2011: $43,439,934Expenses 2011: $31,148,212Net Income 2011: $12,291,7222011Revenue 2012: $44,862,216Expenses 2012: $38,974,674Net Income 2012: $5,887,5422012Revenue 2013: $48,485,151Expenses 2013: $31,897,921Net Income 2013: $16,587,2302013Revenue 2014: $50,404,684Expenses 2014: $37,808,771Net Income 2014: $12,595,9132014Revenue 2015: $69,161,565Expenses 2015: $46,481,760Net Income 2015: $22,679,8052015Revenue 2017: $62,093,986Expenses 2017: $37,285,536Net Income 2017: $24,808,4502017Revenue 2018: $34,323,347Expenses 2018: $29,628,009Net Income 2018: $4,695,3382018Revenue 2019: $38,037,769Expenses 2019: $36,159,130Net Income 2019: $1,878,6392019Revenue 2020: $35,298,919Expenses 2020: $35,831,727Net Income 2020: -$532,8082020Revenue 2021: $48,427,189Expenses 2021: $52,151,221Net Income 2021: -$3,724,0322021Revenue 2022: $50,742,841Expenses 2022: $35,551,503Net Income 2022: $15,191,3382022Revenue 2023: $21,567,732Expenses 2023: $48,984,192Net Income 2023: -$27,416,4602023Revenue 2024: $43,181,035Expenses 2024: $74,400,800Net Income 2024: -$31,219,7652024

Latest loaded filing

2024

Revenue$43,181,035
Expenses$74,400,800
Net Income-$31,219,765
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2022 to Nov 30, 2023
Signed
Oct 15, 2023
Return Version
2022v7.0
Filing and Contact Details

Filer

Filer Name
Hess Foundation Inc
EIN
22-1713046
Phone
9734037997
Address
14 SYLVAN WAY 3RD FL, PARSIPPANY, NJ 07054

Signing Officer

Name
John B Hess
Title
President
Phone
9734037997
Signed
2023-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Raw XML Appendix86 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990T/BooksInCareOfDetail/PersonNm0JOSEPH ARNONE HESS FOUNDATIONINC
IRS990T/BooksInCareOfDetail/PhoneNum09734037997
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt014 SYLVAN WAY
IRS990T/BooksInCareOfDetail/USAddress/CityNm0PARSIPPANY
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd007054
IRS990T/BookValueAssetsEOYAmt0212230336
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OverpaymentSection/AppliedToESTaxAmt064718
IRS990T/OverpaymentSection/OverpaymentAmt064718
IRS990T/OverpaymentSection/RefundAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990T/PriorYearOverpaymentCreditAmt064718
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/PrincipalBusinessActivityCd0523000
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TaxesAndLicensesAmt0250
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt0250
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalOrdinaryGainLossAmt0-32961
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-508413
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-541374
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0-541374
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0DEBT FINANCED INCOME FROM INVESTMENTS IN PARTNERSHIPS.
IRS990TScheduleA/UBIBeforeNOLDedAmt0-541624
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-541624
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt064718
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIComputedAmt00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN B HESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09734037997
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HESS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HESS
ReturnHeader/Filer/EIN0221713046
ReturnHeader/Filer/PhoneNum09734037997
ReturnHeader/Filer/USAddress/AddressLine1Txt014 SYLVAN WAY 3RD FL
ReturnHeader/Filer/USAddress/CityNm0PARSIPPANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007054
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221478099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 SYLVAN WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARSIPPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070543801
ReturnHeader/PreparerPersonGrp/PhoneNum09732283500
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI ROTHE YOKOBOSKY CPA
ReturnHeader/ReturnTs02024-10-14T09:58:42-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02022-12-01
ReturnHeader/TaxPeriodEndDt02023-11-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
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Expenses
-
Net income
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Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$219$132$86.8$43.2$74.4$31.2
2023Detailed filing. Detailed filing data is available for this year.$211$93.0$118$21.6$49.0$27.4
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.
2022Detailed filing. Detailed filing data is available for this year.$195$50.0$145$50.7$35.6$15.2
2021Detailed filing. Detailed filing data is available for this year.$165$34.3$130$48.4$52.2$3.72
2020Detailed filing. Detailed filing data is available for this year.$144$10.0$134$35.3$35.8$0.53
2019Detailed filing. Detailed filing data is available for this year.$98.9$0.00$98.9$38.0$36.2$1.88
2018Detailed filing. Detailed filing data is available for this year.$97.0$0.00$97.0$34.3$29.6$4.70
2017Detailed filing. Detailed filing data is available for this year.$102$10.0$92.3$62.1$37.3$24.8
2015Detailed filing. Detailed filing data is available for this year.$287$0.00$287$69.2$46.5$22.7
2014Detailed filing. Detailed filing data is available for this year.$264$0.00$264$50.4$37.8$12.6
2013Summary only. Only limited summary data is available for this year.$252$0.00$48.5$31.9$16.6
2012Summary only. Only limited summary data is available for this year.$235$0.00$44.9$39.0$5.89
2011Summary only. Only limited summary data is available for this year.$229$0.00$43.4$31.1$12.3