Quick charity verification for Ellie And Les Hayt Family Foundation (EIN: 20760235)
Verdict: Ellie And Les Hayt Family Foundation shows mixed signals
65/100Mission Score
$1.2MRevenue
$148KAssets
3Red Flags
2Strengths
Red Flags
Consistent deficit spending: Expenses ($80,151 in 2023, $91,609 in 2022) consistently exceed revenue ($45,973 in 2023, $16,236 in 2022).
Significant asset depletion: Assets have decreased from $1,208,143 in 2012 to $148,079 in the latest report.
Negative revenue reported in 2015 ($-104,485), which could indicate significant investment losses or adjustments.
Strengths
Zero officer compensation consistently reported across all filings, indicating efficient use of funds in this area.
Long operational history with 11 filings, suggesting established presence.
Spending Breakdown
How Ellie And Les Hayt Family Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Ellie And Les Hayt Family Foundation
Is Ellie And Les Hayt Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellie And Les Hayt Family Foundation (EIN: 20760235) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Ellie And Les Hayt Family Foundation a good charity to donate to?
Ellie And Les Hayt Family Foundation has a Mission Score of 65/100. Revenue: $1.2M. Assets: $148K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ellie And Les Hayt Family Foundation?
The Employer Identification Number (EIN) for Ellie And Les Hayt Family Foundation is 20760235. 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 Ellie And Les Hayt Family Foundation spend its money?
Ellie And Les Hayt Family Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ellie And Les Hayt Family Foundation's tax-exempt status?
You can verify Ellie And Les Hayt Family Foundation's tax-exempt status using EIN 20760235 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 Ellie And Les Hayt Family Foundation exhibits a mixed financial picture. While the organization consistently reports zero officer compensation, indicating good stewardship in that area, its recent financial performance shows a trend of expenses exceeding revenue. In 2023, expenses were $80,151 against revenue of $45,973, and in 2022, expenses were $91,609 against revenue of $16,236. This consistent deficit spending, particularly in the last two reported periods, raises concerns about long-term sustainability if not addressed by increased revenue or reduced expenditures. The foundation's assets have also seen a significant decline from a high of $1,208,143 in 2012 to $745,535 in 2023, and a further drop to $148,079 in its latest reported assets, suggesting substantial asset depletion over time. The organization's transparency is good regarding executive compensation, as it consistently reports 0% officer compensation.