Is Harry H Beren Foundation Ig Legit?

Quick charity verification for Harry H Beren Foundation Ig (EIN: 201202752)

Verdict: Harry H Beren Foundation Ig appears trustworthy

85/100Mission Score
$1.3MRevenue
$3.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Harry H Beren Foundation Ig 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 Harry H Beren Foundation Ig

Is Harry H Beren Foundation Ig a legitimate charity?

Based on AI analysis of IRS 990 filings, Harry H Beren Foundation Ig (EIN: 201202752) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Harry H Beren Foundation Ig a good charity to donate to?

Harry H Beren Foundation Ig has a Mission Score of 85/100. Revenue: $1.3M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Harry H Beren Foundation Ig?

The Employer Identification Number (EIN) for Harry H Beren Foundation Ig is 201202752. 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 H Beren Foundation Ig spend its money?

Harry H Beren Foundation Ig allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Harry H Beren Foundation Ig's tax-exempt status?

You can verify Harry H Beren Foundation Ig's tax-exempt status using EIN 201202752 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 H Beren Foundation Ig appears to be a grant-making organization, as indicated by its NTEE code (T22 - Private Grantmaking Foundations). Its financial health shows a consistent decline in assets over the past decade, from $4,612,935 in 2011 to $3,493,490 in 2023, suggesting it is spending down its endowment. The foundation consistently reports zero officer compensation across all available filings, which is a strong indicator of efficient administrative spending and transparency regarding executive pay. However, the organization has consistently spent more than its revenue in recent years, with expenses of $393,494 against revenue of $106,553 in 2023, and similar trends in prior years. This spending pattern, while typical for foundations drawing down assets, warrants attention to ensure long-term sustainability if the intent is to continue operations indefinitely. Regarding spending efficiency, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess. However, the absence of officer compensation suggests a lean operational structure. The consistent reporting of minimal liabilities ($1 or $0) across all periods indicates sound financial management in terms of debt. The foundation's transparency is high concerning executive compensation, but a more detailed functional expense breakdown would further enhance understanding of its spending priorities. The overall trend suggests a foundation in a spend-down phase, which is a deliberate strategy for some private foundations.

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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