Is Ernest And Golda Huitt Privatefoundation Legit?
Quick charity verification for Ernest And Golda Huitt Privatefoundation (EIN: 203978710)
Verdict: Ernest And Golda Huitt Privatefoundation appears trustworthy
90/100Mission Score
$97KRevenue
$746KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently zero officer compensation, indicating high operational efficiency.
Stable asset base of approximately $750,000 over the past decade, demonstrating financial resilience.
Minimal liabilities ($0 or $1) across all filings, indicating a very healthy balance sheet.
Positive net income in the latest filing (Revenue $27,744 vs. Expenses $23,212), contributing to asset stability.
Clear focus on grantmaking as a private foundation (NTEE T22).
Spending Breakdown
How Ernest And Golda Huitt Privatefoundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Ernest And Golda Huitt Privatefoundation
Is Ernest And Golda Huitt Privatefoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ernest And Golda Huitt Privatefoundation (EIN: 203978710) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Ernest And Golda Huitt Privatefoundation a good charity to donate to?
Ernest And Golda Huitt Privatefoundation has a Mission Score of 90/100. Revenue: $97K. Assets: $746K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ernest And Golda Huitt Privatefoundation?
The Employer Identification Number (EIN) for Ernest And Golda Huitt Privatefoundation is 203978710. 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 Ernest And Golda Huitt Privatefoundation spend its money?
Ernest And Golda Huitt Privatefoundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ernest And Golda Huitt Privatefoundation's tax-exempt status?
You can verify Ernest And Golda Huitt Privatefoundation's tax-exempt status using EIN 203978710 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 Ernest And Golda Huitt Privatefoundation demonstrates consistent financial stability with assets around $750,000 over the past decade, currently at $746,362. As a private foundation, its primary function is grantmaking, and its expenses are largely directed towards these programmatic activities. The organization consistently reports zero officer compensation, indicating a volunteer-led or minimally compensated leadership structure, which contributes to lower administrative overhead.
While the foundation's revenue fluctuates year-to-year, ranging from $12,208 to $92,128, its asset base remains robust. The latest filing shows revenue of $27,744 against expenses of $23,212, indicating a surplus for the period. The foundation's liabilities are consistently minimal ($0 or $1), suggesting a healthy balance sheet and low financial risk. Its NTEE code T22 indicates it is a private grantmaking foundation, which aligns with its operational profile.
Overall, the foundation appears to be financially sound and operates with a high degree of spending efficiency due to its lack of executive compensation. Its consistent asset base and minimal liabilities suggest a well-managed endowment supporting its philanthropic mission. Transparency is high given the public availability of its 990 filings and the clear reporting of its financial activities.