Is Harvest Preserve Foundation Inc Legit?

Quick charity verification for Harvest Preserve Foundation Inc (EIN: 202420512)

Verdict: Harvest Preserve Foundation Inc appears trustworthy

88/100Mission Score
$194KRevenue
$5.3MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Harvest Preserve Foundation Inc 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 Harvest Preserve Foundation Inc

Is Harvest Preserve Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Harvest Preserve Foundation Inc (EIN: 202420512) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

Is Harvest Preserve Foundation Inc a good charity to donate to?

Harvest Preserve Foundation Inc has a Mission Score of 88/100. Revenue: $194K. Assets: $5.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Harvest Preserve Foundation Inc?

The Employer Identification Number (EIN) for Harvest Preserve Foundation Inc is 202420512. 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 Harvest Preserve Foundation Inc spend its money?

Harvest Preserve Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Harvest Preserve Foundation Inc's tax-exempt status?

You can verify Harvest Preserve Foundation Inc's tax-exempt status using EIN 202420512 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

Harvest Preserve Foundation Inc demonstrates consistent financial stability with substantial assets, currently at $5,291,062. While the organization has experienced a slight deficit in recent years, with expenses exceeding revenue (e.g., $230,259 in expenses vs. $200,831 in revenue in 2023), this appears to be managed against a strong asset base. The absence of officer compensation reported across all available filings is a significant indicator of financial efficiency and a commitment to directing resources towards the mission. The organization's NTEE code X20 (Land Resources Conservation) suggests a focus on long-term asset management and preservation, which aligns with its substantial asset base. The consistent reporting of zero officer compensation across all 13 filings is a strong positive for transparency and efficiency, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation on the 990. This practice helps maximize the proportion of funds available for program activities. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency between program, administrative, and fundraising costs. The consistent revenue and expense levels over the past few years suggest a stable operational model, albeit one that has been drawing slightly from reserves recently.

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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