Is Huhtamaki Foundation Inc Legit?

Quick charity verification for Huhtamaki Foundation Inc (EIN: 156019087)

Verdict: Huhtamaki Foundation Inc appears trustworthy

75/100Mission Score
$36KRevenue
$207KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Huhtamaki Foundation Inc. demonstrates consistent financial stability with assets generally exceeding $200,000 over the past decade, reaching $228,855 in 2023. However, its operational scale is quite small, with annual revenues typically ranging from $7,000 to $43,000. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, as the provided data only shows total expenses. For example, in 2022, expenses of $33,184 significantly outpaced revenue of $13,077, indicating reliance on prior year surpluses or asset drawdowns. The foundation appears to maintain a very low liability profile, consistently reporting $0 or $1 in liabilities, which is a positive indicator of financial prudence. Transparency regarding executive compensation is excellent, with 0% reported officer compensation across all filings, suggesting a volunteer-led or very lean operational structure. To further enhance transparency and allow for a more precise assessment of spending efficiency, a detailed breakdown of expenses would be beneficial.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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