Hurlburt Foundation Inc

Sarasota, FL
Tax-exempt since June 1998
EIN: 65-0795533

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$215k (2024)

Expenses

$454k (2024)

Total Assets

$7.16M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$215,424

Expenses

$453,878

Net Income

-$238,454

Net Assets

$7,156,050

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$654	0.3%
Dividends	$181,821	84.4%
Sales of Assets	$32,949	15.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$392,562	86.5%
Compensation of Officers*	$34,000	7.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,156,050
Total Liabilities	$0
Net Assets	$7,156,050

Compensation

Key Employees and Officers	Compensation	Other
Michael Kline Jr (Treasurer & Director)	$10,000	$0
Christina Colletti (Secretary & Director)	$10,000	$0
Sunshine Hurlburt (Vice President & Director)	$10,000	$0
Andrew Colletti (Junior Director)	$2,000	$0
Andrella Witkowski (Junior Director)	$2,000	$0
Jean L Hurlburt (Director)	$0	$0
Wilbur F Hurlburt Iii (President & Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$0
Herbert G Kanarick (Director)	$0	$0

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990-PF

Filed on Nov. 17, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$867,226

Expenses

$456,813

Net Income

$410,413

Net Assets

$7,129,104

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$638,651	73.6%
Interest Revenue	$0
Dividends	$183,823	21.2%
Sales of Assets	$44,752	5.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$379,206	83.0%
Compensation of Officers*	$34,000	7.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,129,104
Total Liabilities	$0
Net Assets	$7,129,104

Compensation

Key Employees and Officers	Compensation	Other
Michael Kline Jr (Treasurer & Director)	$10,000	$0
Christina Colletti (Secretary & Director)	$10,000	$0
Sunshine Hurlburt (Vice President & Director)	$10,000	$0
Andrew Colletti (Junior Director)	$2,000	$0
Andrella Witkowski (Junior Director)	$2,000	$0
Jean L Hurlburt (Director)	$0	$0
Wilbur F Hurlburt Iii (President & Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$0
Herbert G Kanarick (Director)	$0	$0

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990-PF

Filed on Jan. 27, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$482,756

Expenses

$519,869

Net Income

-$37,113

Net Assets

$6,718,691

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,899	1.4%
Interest Revenue	$0
Dividends	$286,949	59.4%
Sales of Assets	$188,908	39.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$425,875	81.9%
Compensation of Officers*	$30,000	5.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,718,691
Total Liabilities	$0
Net Assets	$6,718,691

Compensation

Key Employees and Officers	Compensation	Other
Jean L Hurlburt (Director)	$0	$0
Wilbur F Hurlburt Iii (President & Director)	$0	$0
Michael Kline Jr (Vice President & Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$0
Herbert G Kanarick (Treasurer & Director)	$0	$0
Christina Colletti (Director)	$0	$0
Sunshine Hurlburt (Secretary & Director)	$0	$0
Andrew Colletti (Junior Director)	$0	$0
Andrella Kline (Junior Director)	$0	$0

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990-PF

Filed on Nov. 6, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$811,960

Expenses

$384,544

Net Income

$427,416

Net Assets

$6,755,804

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$7,067	0.9%
Interest Revenue	$0
Dividends	$502,967	61.9%
Sales of Assets	$301,926	37.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$310,695	80.8%
Compensation of Officers*	$30,000	7.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,755,804
Total Liabilities	$0
Net Assets	$6,755,804

Compensation

Key Employees and Officers	Compensation	Other
Michael Kline Jr (Director)	$10,000	$1,000
Christina Colletti (Director)	$10,000	$1,000
Sunshine Hurlburt (Secretary & Director)	$10,000	$1,000
Jean L Hurlburt (Director)	$0	$0
Wilbur F Hurlburt Iii (Vice President & Director)	$0	$0
Michael H Kline Sr (President & Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$0
Herbert G Kanarick (Treasurer & Director)	$0	$0

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990-PF

Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$415,152

Expenses

$391,846

Net Income

$23,306

Net Assets

$6,328,387

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$78,957	19.0%
Interest Revenue	$0
Dividends	$246,684	59.4%
Sales of Assets	$89,511	21.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$340,849	87.0%
Compensation of Officers*	$50,000	12.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,328,388
Total Liabilities	$1
Net Assets	$6,328,387

Compensation

Key Employees and Officers	Compensation	Other
Wilbur F Hurlburt Iii (Vice President & Director)	$10,000	$250
Michael H Kline Sr (President & Director)	$10,000	$250
Michael Kline Jr (Director)	$10,000	$250
Christina Colletti (Director)	$10,000	$250
Sunshine Hurlburt (Secretary & Director)	$10,000	$250
Jean L Hurlburt (Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$0
Herbert G Kanarick (Treasurer & Director)	$0	$0

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990-PF

Filed on Oct. 28, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$486,716

Expenses

$523,754

Net Income

-$37,038

Net Assets

$6,304,523

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$241,465	49.6%
Sales of Assets	$241,428	49.6%
Other Income	$3,823	0.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$384,198	73.4%
Compensation of Officers*	$50,000	9.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,304,524
Total Liabilities	$1
Net Assets	$6,304,523

Compensation

Key Employees and Officers	Compensation	Other
Wilbur F Hurlburt Iii (Vice President & Director)	$10,000	$2,500
Michael H Kline Sr (President & Director)	$10,000	$2,500
Michael Kline Jr (Director)	$10,000	$2,500
Christina Colletti (Director)	$10,000	$2,500
Sunshine Hurlburt (Secretary & Director)	$10,000	$2,500
Jean L Hurlburt (Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$1,000
Herbert G Kanarick (Treasurer & Director)	$0	$0

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990-PF

Filed on July 10, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

-$84,308

Expenses

$494,315

Net Income

-$578,623

Net Assets

$6,346,663

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$238,018
Sales of Assets	-$322,326
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$369,668	74.8%
Compensation of Officers*	$50,000	10.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,775,907
Total Liabilities	$429,244
Net Assets	$6,346,663

Compensation

Key Employees and Officers	Compensation	Other
Wilbur F Hurlburt Iii (Vice President & Director)	$10,000	$2,500
Michael H Kline Sr (President & Director)	$10,000	$2,500
Michael Kline Jr (Director)	$10,000	$2,500
Christina Colletti (Director)	$10,000	$2,500
Sunshine Hurlburt (Secretary & Director)	$10,000	$2,500
Jean L Hurlburt (Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$0
Herbert G Kanarick (Treasurer & Director)	$0	$0

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990-PF

Filed on April 25, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$668,093

Expenses

$531,853

Net Income

$136,240

Net Assets

$6,978,212

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100,000	15.0%
Interest Revenue	$0
Dividends	$216,204	32.4%
Sales of Assets	$351,889	52.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$333,025	62.6%
Compensation of Officers*	$50,000	9.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,064,276
Total Liabilities	$86,064
Net Assets	$6,978,212

Compensation

Key Employees and Officers	Compensation	Other
Wilbur F Hurlburt Iii (Vice President & Director)	$10,000	$2,500
Michael H Kline Sr (President & Director)	$10,000	$2,500
Michael Kline Jr (Director)	$10,000	$2,500
Christina Colletti (Director)	$10,000	$2,500
Sunshine Hurlburt (Secretary & Director)	$10,000	$2,500
Jean L Hurlburt (Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$0
Herbert G Kanarick (Treasurer & Director)	$0	$0

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990-PF

Filed on May 7, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$1,266,878

Expenses

$516,835

Net Income

$750,043

Net Assets

$6,853,210

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$186,904	14.8%
Sales of Assets	$1,079,974	85.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$353,425	68.4%
Compensation of Officers*	$50,000	9.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,934,900
Total Liabilities	$81,690
Net Assets	$6,853,210

Compensation

Key Employees and Officers	Compensation	Other
Wilbur F Hurlburt Iii (Vice President & Director)	$10,000	$2,500
Michael H Kline Sr (President & Director)	$10,000	$2,500
Michael Kline Jr (Director)	$10,000	$2,500
Christina Colletti (Director)	$10,000	$2,500
Sunshine Hurlburt (Secretary & Director)	$10,000	$2,500
Jean L Hurlburt (Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$1,000
Herbert G Kanarick (Treasurer & Director)	$0	$1,000

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990-PF

Filed on May 8, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$621,593

Expenses

$553,933

Net Income

$67,660

Net Assets

$6,929,155

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$16,000	2.6%
Interest Revenue	$0
Dividends	$218,024	35.1%
Sales of Assets	$387,569	62.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$380,900	68.8%
Compensation of Officers*	$50,000	9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,941,415
Total Liabilities	$12,260
Net Assets	$6,929,155

Compensation

Key Employees and Officers	Compensation	Other
Wilbur F Hurlburt Iii (Vice President & Director)	$10,000	$2,500
Michael H Kline Sr (President & Director)	$10,000	$2,500
Michael Kline Jr (Director)	$10,000	$2,500
Christina Colletti (Director)	$10,000	$2,500
Sunshine Hurlburt (Director)	$10,000	$2,500
Jean L Hurlburt (Secretary & Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$1,000
Herbert G Kanarick (Treasurer & Director)	$0	$1,000

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990-PF

Filed on April 18, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$434,578

Expenses

$459,229

Net Income

-$24,651

Net Assets

$6,662,801

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$7,561	1.7%
Interest Revenue	$0
Dividends	$227,689	52.4%
Sales of Assets	$199,328	45.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$302,900	66.0%
Compensation of Officers*	$80,000	17.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,725,150
Total Liabilities	$62,349
Net Assets	$6,662,801

Compensation

Key Employees and Officers	Compensation	Other
Wilbur F Hurlburt Iii (Vice President & Director)	$25,000	$2,500
Michael H Kline Sr (President & Director)	$25,000	$2,500
Michael Kline Jr (Director)	$10,000	$1,000
Christina Colletti (Director)	$10,000	$1,000
Sunshine Hurlburt (Director)	$10,000	$1,000
Jean L Hurlburt (Secretary & Director)	$0	$0
John S Bohatch (Director & Legal Advisor)	$0	$0
Herbert G Kanarick (Treasurer & Director)	$0	$0

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990-PF

Filed on May 6, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$263,853

Expenses

$410,864

Net Income

-$147,011

Net Assets

$6,749,900

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$215,882	81.8%
Sales of Assets	$47,971	18.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$297,300	72.4%
Compensation of Officers*	$80,000	19.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,749,900
Total Liabilities	$0
Net Assets	$6,749,900

Compensation

Key Employees and Officers	Compensation	Other
Wilbur F Hurlburt Iii (Vice President & Director)	$25,000	$2,500
Michael H Kline Sr (President & Director)	$25,000	$2,500
Michael Kline Jr (Director)	$10,000	$1,000
Christina Colletti (Director)	$10,000	$1,000
Sunshine Hurlburt (Director)	$10,000	$1,000
Jean L Hurlburt (Secretary & Director)	$0	$0
John S Bohatch (Director)	$0	$1,000
Herbert G Kanarick (Treasurer & Director)	$0	$1,000

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990-PF

Filed on June 17, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$503,041

Expenses

$305,064

Net Income

$197,977

Net Assets

$6,787,099

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$331,970	66.0%
Interest Revenue	$0
Dividends	$192,306	38.2%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$217,500	71.3%
Compensation of Officers*	$80,000	26.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,787,100
Total Liabilities	$1
Net Assets	$6,787,099

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,069,834

Expenses

$504,850

Net Income

$564,984

Net Assets

$6,571,300

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$358,483	33.5%
Interest Revenue	$0
Dividends	$199,468	18.6%
Sales of Assets	$511,883	47.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$379,500	75.2%
Compensation of Officers*	$50,000	9.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,571,300
Total Liabilities	$0
Net Assets	$6,571,300

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Hurlburt Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $215k (2024)

Expenses $454k (2024)

Total Assets $7.16M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$215k (2024)

Expenses

$454k (2024)

Total Assets

$7.16M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001