Civic Intelligence

Hobbs Foundation C/O Sterling Foundation Management LLC

990T • Fiscal year 2024 • EIN 52-2287607

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 10, 2025

Organization Profile
12030 Sunrise Valley Drive 450Reston, VA 20191

(703) 437-9720

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.

$15M$10M$5.0M$0Assets 2011: $7,215,659Liabilities 2011: $252011Assets 2012: $7,310,287Liabilities 2012: $7,2862012Assets 2013: $7,274,857Liabilities 2013: $3,5272013Assets 2014: $7,384,800Liabilities 2014: $4,906Net Assets 2014: $7,379,8942014Assets 2015: $7,507,215Liabilities 2015: $3,908Net Assets 2015: $7,503,3072015Assets 2016: $7,434,761Liabilities 2016: $4,427Net Assets 2016: $7,430,3342016Assets 2017: $8,649,132Liabilities 2017: $4,660Net Assets 2017: $8,644,4722017Assets 2018: $8,866,422Liabilities 2018: $25Net Assets 2018: $8,866,3972018Assets 2019: $8,995,035Liabilities 2019: $0Net Assets 2019: $8,995,0352019Assets 2020: $9,074,311Liabilities 2020: $0Net Assets 2020: $9,074,3112020Assets 2021: $9,944,488Liabilities 2021: $0Net Assets 2021: $9,944,4882021Assets 2022: $10,458,184Liabilities 2022: $0Net Assets 2022: $10,458,1842022Assets 2023: $10,831,187Liabilities 2023: $0Net Assets 2023: $10,831,1872023Assets 2024: $12,786,659Liabilities 2024: $0Net Assets 2024: $12,786,6592024

Latest loaded filing

2024

Assets$12,786,659
Liabilities$0
Net Assets$12,786,659
Open 2024 Filing

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,587,464Expenses 2011: $346,957Net Income 2011: $1,240,5072011Revenue 2012: $615,279Expenses 2012: $527,912Net Income 2012: $87,3672012Revenue 2013: $535,974Expenses 2013: $567,645Net Income 2013: -$31,6712013Revenue 2014: $612,440Expenses 2014: $503,876Net Income 2014: $108,5642014Revenue 2015: $612,679Expenses 2015: $489,266Net Income 2015: $123,4132015Revenue 2016: $407,053Expenses 2016: $480,026Net Income 2016: -$72,9732016Revenue 2017: $1,747,746Expenses 2017: $533,608Net Income 2017: $1,214,1382017Revenue 2018: $768,428Expenses 2018: $546,503Net Income 2018: $221,9252018Revenue 2019: $756,476Expenses 2019: $627,838Net Income 2019: $128,6382019Revenue 2020: $794,312Expenses 2020: $715,036Net Income 2020: $79,2762020Revenue 2021: $1,603,162Expenses 2021: $732,985Net Income 2021: $870,1772021Revenue 2022: $1,343,180Expenses 2022: $829,484Net Income 2022: $513,6962022Revenue 2023: $1,233,550Expenses 2023: $860,547Net Income 2023: $373,0032023Revenue 2024: $2,885,179Expenses 2024: $929,707Net Income 2024: $1,955,4722024

Latest loaded filing

2024

Revenue$2,885,179
Expenses$929,707
Net Income$1,955,472
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 10, 2025
Return Version
2024v5.1
Filing and Contact Details

Filer

Filer Name
Hobbs Foundation
EIN
52-2287607
Phone
7034379720
Address
12030 SUNRISE VALLEY DRIVE 450, RESTON, VA 20191

Signing Officer

Name
Russell Hobbs
Title
President
Phone
7034379720
Signed
2025-04-10
Discuss with paid preparer
Yes

Preparer

Firm
Gorfine Schiller & Gardyn Pa
Address
10045 RED RUN BLVD SUITE 250, OWINGS MILLS, MD 21117
Preparer
Matthew Q Keefer CPA
Phone
4103565900
Raw XML Appendix87 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/AvlblPre2018NOLCarryoverAmt029549
IRS990T/BalanceDueAmt0946
IRS990T/BooksInCareOfDetail/PersonNm0STERLING FOUNDATION MANAGEMENT
IRS990T/BooksInCareOfDetail/PhoneNum07034379720
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt012030 SUNRISE VALLEY DRIVE SUITE 4
IRS990T/BooksInCareOfDetail/USAddress/CityNm0RESTON
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd020191
IRS990T/BookValueAssetsEOYAmt012786659
IRS990T/CharitableContributionsDedAmt0500
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt029549
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OtherTaxesAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt0234082
IRS990T/Post2017NOLCarryoverGrp/PrincipalBusinessActivityCd0525990
IRS990TScheduleA/NetOperatingLossDeductionAmt024011
IRS990TScheduleA/PrincipalBusinessActivityCd0525990
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt00
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt059563
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt059563
IRS990TScheduleA/TotUnrltTrdBusIncmAmt059563
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0INCOME/LOSS FROM PASSTHROUGH ENTITIES
IRS990TScheduleA/UBIBeforeNOLDedAmt059563
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt035552
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt0946
IRS990T/TaxLessCreditsAmt0946
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt0946
IRS990T/TotalTaxComputationAmt0946
IRS990T/TotalUBTIAmt04503
IRS990T/TotalUBTIBeforeNOLSpecificAmt035052
IRS990T/TotalUBTIBeforeSection199AAmt05503
IRS990T/TotalUBTIComputedAmt035552
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RUSSELL HOBBS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07034379720
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOBBS FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O STERLING FOUNDATION MANAGEMENT LLC
ReturnHeader/Filer/BusinessNameControlTxt0HOBB
ReturnHeader/Filer/EIN0522287607
ReturnHeader/Filer/PhoneNum07034379720
ReturnHeader/Filer/USAddress/AddressLine1Txt012030 SUNRISE VALLEY DRIVE 450
ReturnHeader/Filer/USAddress/CityNm0RESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020191
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521231901
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GORFINE SCHILLER & GARDYN PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010045 RED RUN BLVD SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OWINGS MILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021117
ReturnHeader/PreparerPersonGrp/PhoneNum04103565900
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW Q KEEFER CPA
ReturnHeader/ReturnTs02025-05-07T08:05:21-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.8$0.00$12.8$2.89$0.93$1.96
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$1.23$0.86$0.37
2022Detailed filing. Detailed filing data is available for this year.$10.5$0.00$10.5$1.34$0.83$0.51
2021Detailed filing. Detailed filing data is available for this year.$9.94$0.00$9.94$1.60$0.73$0.87
2020Detailed filing. Detailed filing data is available for this year.$9.07$0.00$9.07$0.79$0.72$0.08
2019Detailed filing. Detailed filing data is available for this year.$9.00$0.00$9.00$0.76$0.63$0.13
2018Detailed filing. Detailed filing data is available for this year.$8.87$0.00$8.87$0.77$0.55$0.22
2017Detailed filing. Detailed filing data is available for this year.$8.65$0.00$8.64$1.75$0.53$1.21
2016Detailed filing. Detailed filing data is available for this year.$7.43$0.00$7.43$0.41$0.48$0.07
2015Detailed filing. Detailed filing data is available for this year.$7.51$0.00$7.50$0.61$0.49$0.12
2014Detailed filing. Detailed filing data is available for this year.$7.38$0.00$7.38$0.61$0.50$0.11
2013Summary only. Only limited summary data is available for this year.$7.27$0.00$0.54$0.57$0.03
2012Summary only. Only limited summary data is available for this year.$7.31$0.01$0.62$0.53$0.09
2011Summary only. Only limited summary data is available for this year.$7.22$0.00$1.59$0.35$1.24