Is Harvey Phillips Foundation Inc Legit? —…

Quick charity verification for Harvey Phillips Foundation Inc (EIN: 132935236)

Spending Breakdown

How Harvey Phillips Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Harvey Phillips Foundation Inc

Is Harvey Phillips Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Harvey Phillips Foundation Inc (EIN: 132935236) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Harvey Phillips Foundation Inc a good charity to donate to?

Harvey Phillips Foundation Inc has a Mission Score of 92/100. Revenue: $238K. Assets: $407K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Harvey Phillips Foundation Inc?

The Employer Identification Number (EIN) for Harvey Phillips Foundation Inc is 132935236. 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 Harvey Phillips Foundation Inc spend its money?

Harvey Phillips Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Harvey Phillips Foundation Inc's tax-exempt status?

You can verify Harvey Phillips Foundation Inc's tax-exempt status using EIN 132935236 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 Harvey Phillips Foundation Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. While the organization has experienced fluctuations in revenue, such as a significant drop to $14,659 in 202106 before rebounding to $228,087 in 202306, its expenses have remained relatively stable, averaging around $200,000-$250,000 annually. This indicates a steady operational capacity despite revenue volatility. The foundation's assets have also shown some variability, peaking at $721,775 in 202006 and currently standing at $406,774, suggesting a reliance on ongoing fundraising rather than a large endowment.

Spending efficiency appears to be a strength, with a notable absence of officer compensation reported across all available filings, which is a strong indicator of resources being directed towards programs and operations rather than executive salaries. The organization's liabilities have consistently remained low, typically under $20,000, indicating sound financial management and a low debt burden. This financial prudence, combined with the lack of executive compensation, suggests a lean operational model focused on maximizing impact.

In terms of transparency, the consistent filing of IRS Form 990s over a long period (12 filings) demonstrates a commitment to public accountability. The detailed financial data provided in these filings allows for a clear understanding of the organization's financial activities. The absence of officer compensation further enhances its transparency profile, as it removes a common area of scrutiny for non-profits.

Is Harvey Phillips Foundation Inc Legit?

Verdict: Harvey Phillips Foundation Inc appears trustworthy

Red Flags

Strengths