Quick charity verification for Head Foundation (EIN: 202032551)
Verdict: Head Foundation appears trustworthy
85/100Mission Score
$1.7MRevenue
$11.0MAssets
2Red Flags
4Strengths
Red Flags
Consistent expenses exceeding revenue in recent periods (e.g., 202406: $191,169 revenue vs. $621,135 expenses), which could indicate reliance on asset drawdowns.
No reported officer compensation for an organization with over $10 million in assets, which is unusual and warrants further investigation into how leadership is supported or if compensation is reported elsewhere.
Strengths
Substantial asset base ($10,970,138) providing financial stability.
Extremely low liabilities across all reported periods (e.g., $1 in 202406), indicating strong financial management of debt.
Consistent IRS 990 filing history (11 filings), demonstrating transparency and compliance.
Zero reported officer compensation, suggesting a highly efficient or volunteer-driven leadership structure.
Spending Breakdown
How Head Foundation 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 Head Foundation
Is Head Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Head Foundation (EIN: 202032551) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Head Foundation a good charity to donate to?
Head Foundation has a Mission Score of 85/100. Revenue: $1.7M. Assets: $11.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Head Foundation?
The Employer Identification Number (EIN) for Head Foundation is 202032551. 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 Head Foundation spend its money?
Head Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Head Foundation's tax-exempt status?
You can verify Head Foundation's tax-exempt status using EIN 202032551 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
Head Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the organization's overall financial health appears stable with substantial assets of $10,970,138. The foundation has shown a pattern of expenses exceeding revenue in recent years (e.g., 202406: Revenue=$191,169, Expenses=$621,135; 202306: Revenue=$358,095, Expenses=$614,975), which could indicate reliance on its asset base or fluctuating grant cycles. However, its liabilities remain extremely low, suggesting good financial management in that regard.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s over 11 periods, indicating adherence to regulatory requirements. The absence of officer compensation reported across all available filings is a notable characteristic, suggesting a volunteer-driven leadership or that compensation is covered by another entity, which enhances its perceived efficiency. Further analysis would require detailed expense categories from the full 990 forms to fully assess spending efficiency and program impact.
Overall, Head Foundation appears to be a well-managed entity with a strong asset base and a history of consistent operations. The low liabilities and zero reported officer compensation are positive indicators. However, the trend of expenses exceeding revenue in recent periods warrants closer examination to understand its long-term sustainability strategy.