Quick charity verification for Halbrook Family Foundation (EIN: 203898148)
Verdict: Halbrook Family Foundation appears trustworthy
95/100Mission Score
$1.4MRevenue
$7.3MAssets
2Red Flags
4Strengths
Red Flags
Significant revenue volatility year-to-year (e.g., $150,221 in 202306 vs. $1,760,252 in 202406)
Large liability increase in 202306 ($1,030,000) which then significantly decreased to $1 in 202406, warranting further investigation into the nature of these liabilities.
Strengths
Consistent zero officer compensation across all reported periods, indicating high efficiency and dedication.
Strong and stable asset base, currently at $7,263,467, providing financial resilience.
Positive net income in the most recent filing (202406) with revenue of $1,760,252 exceeding expenses of $870,735.
Consistent IRS 990 filing history over 10 periods, demonstrating good transparency.
Spending Breakdown
How Halbrook 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 Halbrook Family Foundation
Is Halbrook Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Halbrook Family Foundation (EIN: 203898148) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
Is Halbrook Family Foundation a good charity to donate to?
Halbrook Family Foundation has a Mission Score of 95/100. Revenue: $1.4M. Assets: $7.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Halbrook Family Foundation?
The Employer Identification Number (EIN) for Halbrook Family Foundation is 203898148. 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 Halbrook Family Foundation spend its money?
Halbrook Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Halbrook Family Foundation's tax-exempt status?
You can verify Halbrook Family Foundation's tax-exempt status using EIN 203898148 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 Halbrook Family Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the most recent filing (202406), the organization reported expenses of $870,735 against revenues of $1,760,252, indicating a healthy financial position with a significant surplus. Over the past decade, the foundation has maintained a strong asset base, fluctuating around $7 million, with current assets at $7,263,467. The absence of officer compensation across all reported periods suggests a high degree of financial efficiency and a focus on directing resources towards programmatic activities rather than administrative overhead related to executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the zero officer compensation is a strong indicator of efficient resource allocation.
The foundation's revenue has shown some volatility, ranging from a low of $150,221 in 202306 to a high of $1,760,252 in 202406. Despite these fluctuations, the organization has consistently managed its expenses, generally keeping them below revenue, leading to a stable and growing asset base. The liabilities have also remained relatively low or zero in most periods, with a notable increase in 202306 to $1,030,000, which then decreased significantly in 202406 to $1. This suggests effective management of financial obligations. The consistent filing of IRS 990s over ten periods indicates good transparency practices.