Is Heersink Family Foundation Legit?

Quick charity verification for Heersink Family Foundation (EIN: 208640992)

Verdict: Heersink Family Foundation appears trustworthy

70/100Mission Score
$1.2MRevenue
$1.8MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Heersink Family Foundation allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Heersink Family Foundation

Is Heersink Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Heersink Family Foundation (EIN: 208640992) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Heersink Family Foundation a good charity to donate to?

Heersink Family Foundation has a Mission Score of 70/100. Revenue: $1.2M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Heersink Family Foundation?

The Employer Identification Number (EIN) for Heersink Family Foundation is 208640992. 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 Heersink Family Foundation spend its money?

Heersink Family Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Heersink Family Foundation's tax-exempt status?

You can verify Heersink Family Foundation's tax-exempt status using EIN 208640992 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 Heersink Family Foundation exhibits a fluctuating financial profile, with significant variations in revenue and expenses over the past decade. While the organization reported $1,174,680 in latest revenue and $1,819,894 in assets, recent years (2021-2023) show expenses consistently exceeding revenue, leading to a decline in assets from a peak of $3,895,126 in 2020 to $1,627,268 in 2023. This trend suggests the foundation has been drawing down its principal or relying on prior years' substantial revenues to cover operational costs. The consistent reporting of $1 in liabilities across all filings indicates a very strong balance sheet with minimal debt, which is a positive sign of financial stability in that regard. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the absence of reported officer compensation across all filings is a notable aspect, suggesting either a volunteer-led executive structure or compensation being covered by other means not disclosed as officer compensation. This can be a positive indicator of low overhead, but also warrants further investigation into how leadership is supported. The foundation's NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves a high proportion of program spending. Transparency appears adequate based on the consistent filing of IRS Form 990s. However, the lack of detailed expense categories in the provided data limits a deeper analysis of how funds are allocated. The significant swings in revenue, such as $3,000,954 in 2020 compared to $70,632 in 2023, suggest reliance on large, infrequent contributions or investment returns, which can make financial planning and sustainability more challenging. Overall, the foundation appears to be a grantmaking entity with a strong asset base, but recent spending patterns indicate a need for careful monitoring of its long-term financial sustainability.

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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