Is Haddorff Family Foundation Legit? —…

Strengths

Consistent asset growth, from $51,237 in 2011 to $2,892,339 currently.
Zero officer compensation reported across all 9 filings, indicating high efficiency and direct mission spending.
Very low liabilities ($1 or $0) across all periods, suggesting strong financial stability.
High program spending ratio due to minimal administrative and no executive costs.
Strong revenue generation in recent years, such as $913,052 in 2022, supporting asset growth and grant-making capacity.

Spending Breakdown

How Haddorff Family Foundation allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Haddorff Family Foundation

Is Haddorff Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Haddorff Family Foundation (EIN: 208262995) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Haddorff Family Foundation a good charity to donate to?

Haddorff Family Foundation has a Mission Score of 95/100. Revenue: $974K. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Haddorff Family Foundation?

The Employer Identification Number (EIN) for Haddorff Family Foundation is 208262995. 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 Haddorff Family Foundation spend its money?

Haddorff Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Haddorff Family Foundation's tax-exempt status?

You can verify Haddorff Family Foundation's tax-exempt status using EIN 208262995 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 Haddorff Family Foundation demonstrates strong financial health with consistently growing assets, reaching $2,892,339 in the latest period. The foundation primarily operates as a grant-making entity, as indicated by its NTEE code B82 (Private Grantmaking Foundations), and its spending patterns reflect this. For instance, in 2023, expenses were $199,137 against revenue of $160,354, showing a year where grants or operational costs exceeded incoming funds, which is not uncommon for foundations managing endowments. However, in 2022, revenue significantly outpaced expenses ($913,052 vs. $91,627), contributing to asset growth.

The organization exhibits excellent spending efficiency, particularly given its nature as a private foundation. With zero officer compensation reported across all available filings, the vast majority of its expenses are directed towards its programmatic mission (grants) and minimal administrative overhead. This lean operational structure is a significant strength, ensuring that funds are primarily used for charitable purposes rather than internal costs. The consistent reporting of minimal liabilities ($1 or $0) also indicates sound financial management and low financial risk.

Transparency is high, with a consistent filing history and clear reporting of zero officer compensation. The foundation's financial trajectory shows a deliberate and effective strategy for asset accumulation and deployment, supporting its long-term philanthropic goals. The absence of executive compensation further enhances its transparency and commitment to direct mission spending.

Is Haddorff Family Foundation Legit?

Verdict: Haddorff Family Foundation appears trustworthy