Is Charles And Kaaren Hale Family Foundation Legit?
Quick charity verification for Charles And Kaaren Hale Family Foundation (EIN: 133940900)
Verdict: Charles And Kaaren Hale Family Foundation appears trustworthy
85/100Mission Score
$506KRevenue
$1.5MAssets
1Red Flags
4Strengths
Red Flags
Revenue consistently lower than expenses in recent years (e.g., 2023: $15,844 revenue vs. $83,063 expenses; 2022: $68,116 revenue vs. $118,857 expenses), indicating reliance on asset drawdowns or prior year surpluses.
Strengths
Consistent zero officer compensation across all filings, demonstrating high efficiency in executive overhead.
Stable and substantial asset base (over $1.2 million consistently), indicating strong financial reserves for its mission.
Minimal to no liabilities reported ($0 or $1), suggesting a very healthy balance sheet and low financial risk.
Long history of consistent IRS 990 filings (10 filings), indicating good transparency and compliance.
Spending Breakdown
How Charles And Kaaren Hale Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Charles And Kaaren Hale Family Foundation
Is Charles And Kaaren Hale Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles And Kaaren Hale Family Foundation (EIN: 133940900) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Charles And Kaaren Hale Family Foundation a good charity to donate to?
Charles And Kaaren Hale Family Foundation has a Mission Score of 85/100. Revenue: $506K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Charles And Kaaren Hale Family Foundation?
The Employer Identification Number (EIN) for Charles And Kaaren Hale Family Foundation is 133940900. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Charles And Kaaren Hale Family Foundation spend its money?
Charles And Kaaren Hale Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Charles And Kaaren Hale Family Foundation's tax-exempt status?
You can verify Charles And Kaaren Hale Family Foundation's tax-exempt status using EIN 133940900 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Charles And Kaaren Hale Family Foundation appears to be a private foundation, as indicated by its consistent asset base and fluctuating, but generally lower, revenue compared to expenses in recent years. For instance, in 2023, the foundation reported revenue of $15,844 against expenses of $83,063, and in 2022, revenue was $68,116 with expenses of $118,857. This operational model is typical for foundations that primarily disburse grants from an endowment rather than actively fundraise from the public. The foundation maintains a healthy asset base, with assets consistently over $1.2 million, reaching $1,396,496 in 2023, suggesting long-term financial stability for its grant-making activities.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, as a private foundation, a significant portion of its expenses would typically be grants paid, which are considered program services. The consistent reporting of zero officer compensation across all available filings indicates a lean operational structure and a commitment to directing resources towards its mission without significant overhead for executive salaries.
Transparency is generally good, as evidenced by its consistent IRS 990 filings over a decade. The absence of liabilities (reported as $1 or $0 in all filings) further simplifies its financial structure and suggests a low-risk financial profile. While specific program details are not available in this summary, the overall financial picture points to a well-managed private foundation focused on its philanthropic objectives.