Is Harbor Road Foundation Legit?

Red Flags

Persistent and significant deficit spending (e.g., 2023 revenue $1,133 vs. expenses $92,391).
Rapid decline in total assets over recent years (from $534,169 in 2020 to $241,282 in 2023).
Revenue generation is consistently very low compared to operational expenses in most years.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes efficiency analysis difficult.

Spending Breakdown

How Harbor Road Foundation allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

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 Harbor Road Foundation

Is Harbor Road Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Harbor Road Foundation (EIN: 203974072) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Harbor Road Foundation a good charity to donate to?

Harbor Road Foundation has a Mission Score of 45/100. Revenue: $25K. Assets: $179K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Harbor Road Foundation?

The Employer Identification Number (EIN) for Harbor Road Foundation is 203974072. 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 Harbor Road Foundation spend its money?

Harbor Road Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Harbor Road Foundation's tax-exempt status?

You can verify Harbor Road Foundation's tax-exempt status using EIN 203974072 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 Harbor Road Foundation exhibits concerning financial trends, particularly in recent years. While the organization reported $24,626 in latest revenue, its expenses have significantly outpaced revenue in the last three reported periods. For example, in 2023, revenue was only $1,133 against expenses of $92,391, and in 2022, revenue was $502 against expenses of $123,627. This consistent deficit spending has led to a substantial decline in assets, from a peak of $534,169 in 2020 to $241,282 in 2023. The organization's financial health appears to be deteriorating, relying heavily on its asset base to cover operational costs.

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 large and consistent deficits suggest that current operational spending is unsustainable relative to its revenue generation. The lack of reported officer compensation across all filings indicates either a volunteer-led organization or that compensation is not reported in a way that is visible in this summary, which could be a positive for efficiency if truly volunteer-run, but also raises questions about operational capacity given the significant expenses.

Transparency regarding executive compensation is high, as 0% officer compensation is consistently reported. However, the overall financial picture raises questions about the long-term viability and the effectiveness of its spending given the declining asset base and persistent revenue shortfalls. Donors would benefit from more detailed information on how the substantial expenses are allocated to programs versus overhead.

Verdict: Harbor Road Foundation shows mixed signals