Is Harry Alan Gregg Foundation Legit?

Quick charity verification for Harry Alan Gregg Foundation (EIN: 20434887)

Verdict: Harry Alan Gregg Foundation appears trustworthy

90/100Mission Score
$430KRevenue
$7.2MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Harry Alan Gregg Foundation allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Harry Alan Gregg Foundation

Is Harry Alan Gregg Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Harry Alan Gregg Foundation (EIN: 20434887) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Harry Alan Gregg Foundation a good charity to donate to?

Harry Alan Gregg Foundation has a Mission Score of 90/100. Revenue: $430K. Assets: $7.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Harry Alan Gregg Foundation?

The Employer Identification Number (EIN) for Harry Alan Gregg Foundation is 20434887. 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 Harry Alan Gregg Foundation spend its money?

Harry Alan Gregg Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Harry Alan Gregg Foundation's tax-exempt status?

You can verify Harry Alan Gregg Foundation's tax-exempt status using EIN 20434887 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 Harry Alan Gregg Foundation appears to be in a strong financial position, consistently maintaining substantial assets relative to its annual expenses. Over the past decade, its assets have grown from approximately $4.3 million in 2014 to over $7.2 million currently, indicating sound financial management and investment growth. The organization's revenue has fluctuated significantly year-to-year, ranging from $124,151 in 2020 to $557,385 in 2021, but expenses have remained relatively stable, typically between $170,000 and $220,000. This suggests a conservative spending approach, allowing for asset accumulation. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent absence of reported officer compensation across all available filings is a significant positive indicator for efficiency and donor trust, suggesting that leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990. This practice can free up more resources for the foundation's mission. In terms of transparency, the foundation has a robust filing history with 13 filings available, demonstrating consistent compliance with IRS reporting requirements. The lack of officer compensation is a strong point for transparency, as it often signals a commitment to directing funds towards the mission rather than executive salaries. The consistent growth in assets while keeping expenses relatively low suggests a well-managed endowment, which is a positive sign for long-term sustainability and impact.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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