Quick charity verification for Haugland Family Foundation (EIN: 200270777)
Verdict: Haugland Family Foundation appears trustworthy
85/100Mission Score
$4.3MRevenue
$16.3MAssets
1Red Flags
4Strengths
Red Flags
Consistent decline in assets due to spending exceeding revenue (e.g., assets decreased from $17,238,994 in 2022 to $16,602,572 in 2023).
Strengths
Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Very low liabilities, consistently reported as $1, demonstrating strong financial health and minimal debt.
Consistent IRS 990 filing history over a decade, indicating strong transparency and accountability.
Significant asset base ($16,602,572 in 2023) providing substantial capacity for philanthropic activities.
Spending Breakdown
How Haugland Family Foundation 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 Haugland Family Foundation
Is Haugland Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Haugland Family Foundation (EIN: 200270777) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Haugland Family Foundation a good charity to donate to?
Haugland Family Foundation has a Mission Score of 85/100. Revenue: $4.3M. Assets: $16.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Haugland Family Foundation?
The Employer Identification Number (EIN) for Haugland Family Foundation is 200270777. 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 Haugland Family Foundation spend its money?
Haugland Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Haugland Family Foundation's tax-exempt status?
You can verify Haugland Family Foundation's tax-exempt status using EIN 200270777 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 Haugland Family Foundation, operating as a private foundation, exhibits a consistent pattern of spending exceeding its revenue in recent years, drawing down its asset base. For instance, in 2023, the foundation reported revenue of $209,381 against expenses of $845,803, leading to a decrease in assets from $17,238,994 in 2022 to $16,602,572 in 2023. This trend is visible across multiple recent filings, indicating a strategy of distributing more than it receives annually, likely from its endowment. The foundation maintains a very low liability profile, consistently reporting $1 in liabilities in most recent years, which suggests strong financial control and minimal debt burden.
Transparency appears to be high given the consistent filing of IRS Form 990s over a decade, providing a clear historical financial record. The absence of reported officer compensation across all available filings is a significant positive indicator of efficiency and a focus on mission over administrative overhead. While the specific breakdown of program versus administrative spending isn't provided in the summary data, the zero officer compensation suggests that a substantial portion of expenses, beyond investment management fees, would likely be directed towards grants or program activities. The consistent decline in assets over the past few years, from $18,993,722 in 2019 to $16,602,572 in 2023, warrants monitoring to ensure long-term sustainability, although it is common for private foundations to distribute from their corpus.