Quick charity verification for Harteveldt Foundation Inc (EIN: 131882108)
Verdict: Harteveldt Foundation Inc appears trustworthy
92/100Mission Score
$299KRevenue
$2.0MAssets
1Red Flags
5Strengths
Red Flags
NTEE Code is unknown, which limits understanding of specific programmatic focus.
Strengths
Consistent asset growth, reaching over $2 million in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Consistent financial surpluses, with revenue significantly exceeding expenses in most years (e.g., $286,537 revenue vs. $192,918 expenses in 2023).
Very low liabilities, consistently around $3,313 or less, demonstrating strong financial management.
Strong program spending ratio, estimated at 90% given the absence of fundraising costs and zero officer compensation.
Spending Breakdown
How Harteveldt Foundation Inc 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 Harteveldt Foundation Inc
Is Harteveldt Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Harteveldt Foundation Inc (EIN: 131882108) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Harteveldt Foundation Inc a good charity to donate to?
Harteveldt Foundation Inc has a Mission Score of 92/100. Revenue: $299K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Harteveldt Foundation Inc?
The Employer Identification Number (EIN) for Harteveldt Foundation Inc is 131882108. 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 Harteveldt Foundation Inc spend its money?
Harteveldt Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Harteveldt Foundation Inc's tax-exempt status?
You can verify Harteveldt Foundation Inc's tax-exempt status using EIN 131882108 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 Harteveldt Foundation Inc demonstrates consistent financial health with growing assets and generally positive net revenue over the past decade. In the latest filing (202311), the organization reported revenues of $286,537 against expenses of $192,918, resulting in a surplus that contributed to its $2,033,224 in assets. The foundation's assets have more than doubled since 2015, indicating effective asset management and growth. Spending efficiency appears strong, as the organization consistently operates with a significant surplus, suggesting that a substantial portion of its revenue is retained or directed towards its mission rather than being consumed by overhead. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence and resource allocation. The consistent, low liabilities also point to sound financial management.