Quick charity verification for Heisman Trophy Tr (EIN: 137052079)
Verdict: Heisman Trophy Tr appears trustworthy
90/100Mission Score
$20.2MRevenue
$54.2MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
Consistent and significant revenue growth, from $3.2M in 2011 to $20.2M currently.
Substantial asset accumulation, growing from $9.7M in 2011 to $54.2M currently.
Zero officer compensation reported across all filings, indicating strong financial stewardship.
Healthy surplus generation, with revenues consistently exceeding expenses (e.g., $10.2M revenue vs $6.0M expenses in 202310).
Low liabilities relative to assets, indicating strong financial stability (e.g., $726,676 liabilities vs $50,198,057 assets in 202310).
Spending Breakdown
How Heisman Trophy Tr 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 Heisman Trophy Tr
Is Heisman Trophy Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Heisman Trophy Tr (EIN: 137052079) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Heisman Trophy Tr a good charity to donate to?
Heisman Trophy Tr has a Mission Score of 90/100. Revenue: $20.2M. Assets: $54.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Heisman Trophy Tr?
The Employer Identification Number (EIN) for Heisman Trophy Tr is 137052079. 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 Heisman Trophy Tr spend its money?
Heisman Trophy Tr allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Heisman Trophy Tr's tax-exempt status?
You can verify Heisman Trophy Tr's tax-exempt status using EIN 137052079 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 Heisman Trophy Trust demonstrates strong financial health and consistent growth over the past decade. With latest reported revenue of $20,219,889 and assets of $54,218,150, the organization has significantly expanded its financial base. Its expense ratios, such as the 202310 period where expenses were $6,086,479 against revenue of $10,212,519, indicate a healthy surplus generation, contributing to asset accumulation. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship.
The organization's spending efficiency appears robust, with a clear trend of revenue growth outpacing expense growth in many periods, leading to substantial asset accumulation. For instance, assets grew from $9,765,807 in 2011 to $54,218,150 currently. While specific program spending percentages are not detailed in the provided data, the overall financial trajectory and lack of executive compensation suggest a focus on mission-related activities. The consistent filing of IRS Form 990s over a decade also points to good transparency practices.
Overall, the Heisman Trophy Trust appears to be a well-managed organization with a strong financial foundation and a history of responsible financial practices. Its ability to grow assets and maintain low liabilities while reporting no officer compensation are key strengths, indicating a focus on long-term sustainability and mission impact.