Quick charity verification for Harnett Health System Foundation (EIN: 201929953)
Verdict: Harnett Health System Foundation appears trustworthy
92/100Mission Score
$1.2MRevenue
$2.5MAssets
1Red Flags
4Strengths
Red Flags
Significant negative revenue reported in 2019 (-$345,816) without immediate explanation in the summary data.
Strengths
Consistent 0% officer compensation across all reported periods, indicating high efficiency and volunteer leadership.
Strong asset growth, reaching $2,515,107 in the latest period, demonstrating financial stability and capacity.
Expenses consistently well below revenue in most periods, allowing for accumulation of resources for its mission.
Healthy liabilities-to-assets ratio, with liabilities generally being a small fraction of total assets.
Spending Breakdown
How Harnett Health System 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 Harnett Health System Foundation
Is Harnett Health System Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Harnett Health System Foundation (EIN: 201929953) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Harnett Health System Foundation a good charity to donate to?
Harnett Health System Foundation has a Mission Score of 92/100. Revenue: $1.2M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Harnett Health System Foundation?
The Employer Identification Number (EIN) for Harnett Health System Foundation is 201929953. 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 Harnett Health System Foundation spend its money?
Harnett Health System Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Harnett Health System Foundation's tax-exempt status?
You can verify Harnett Health System Foundation's tax-exempt status using EIN 201929953 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
Harnett Health System Foundation demonstrates a generally stable financial position, with assets consistently over $1 million in recent years, reaching $2,515,107 in the latest period. Revenue has fluctuated, with a notable negative revenue of $-345,816 in 2019, but has since recovered to $204,283 in 2022. The organization appears to be efficient in its spending, with expenses significantly lower than revenue in most periods, indicating a healthy accumulation of assets for its mission. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which is a positive indicator for donor confidence and efficient use of funds. The foundation's consistent growth in assets, despite revenue volatility, points to sound financial management and a focus on long-term sustainability.