Quick charity verification for Hagler Pinkerton Foundation (EIN: 201854312)
Verdict: Hagler Pinkerton Foundation appears trustworthy
75/100Mission Score
$80KRevenue
$1.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent operational deficits in most years prior to 2023, indicating reliance on asset drawdowns.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full spending efficiency analysis.
Strengths
Substantial asset base, consistently over $1 million, providing financial stability.
Zero reported officer compensation across all filings, suggesting efficient use of funds for leadership.
Significant positive net income in 2023 ($135,335 surplus), indicating improved financial management and sustainability.
Minimal liabilities, often $0 or $1, reflecting a healthy balance sheet.
Spending Breakdown
How Hagler Pinkerton 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 Hagler Pinkerton Foundation
Is Hagler Pinkerton Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hagler Pinkerton Foundation (EIN: 201854312) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Hagler Pinkerton Foundation a good charity to donate to?
Hagler Pinkerton Foundation has a Mission Score of 75/100. Revenue: $80K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hagler Pinkerton Foundation?
The Employer Identification Number (EIN) for Hagler Pinkerton Foundation is 201854312. 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 Hagler Pinkerton Foundation spend its money?
Hagler Pinkerton Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hagler Pinkerton Foundation's tax-exempt status?
You can verify Hagler Pinkerton Foundation's tax-exempt status using EIN 201854312 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 Hagler Pinkerton Foundation demonstrates a consistent financial pattern of operating at a deficit for most of the reviewed periods, with expenses frequently exceeding revenue. For instance, in 2022, expenses were $140,882 against revenues of $124,321, and in 2021, expenses were $124,411 against revenues of $90,672. Despite this, the organization maintains substantial assets, consistently over $1 million, indicating a strong endowment or accumulated reserves. The most recent filing (2023) shows a positive net income with revenues of $256,878 exceeding expenses of $121,543, which is a significant improvement and a positive indicator for its current financial health. The foundation's liabilities have remained minimal, often reported as $1 or $0, suggesting a healthy balance sheet with little debt.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits in prior years suggest that the organization was drawing down on its assets to cover expenses. The absence of reported officer compensation across all filings indicates either a fully volunteer-run leadership or that compensation is reported under other expense categories, which could impact transparency regarding executive pay. The significant increase in revenue in 2023, coupled with controlled expenses, points to improved financial management or successful fundraising efforts in the most recent period.
Overall, the foundation appears to be financially stable due to its substantial asset base, despite historical operational deficits. The recent positive financial performance in 2023 is a strong indicator of improved sustainability. Transparency regarding the allocation of expenses (program vs. admin/fundraising) would further enhance the assessment of its spending efficiency and overall impact.