Is Huntington Foundation Inc Legit?

Quick charity verification for Huntington Foundation Inc (EIN: 205478746)

Verdict: Huntington Foundation Inc appears trustworthy

85/100Mission Score
$3.4MRevenue
$4.9MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Huntington Foundation Inc demonstrates a consistent and strong financial position, with assets consistently around $4.9 million in recent years, peaking at $5,147,889 in 2015. The organization's revenue has fluctuated significantly over the past decade, with a notable high of $1,269,432 in 2014 and a low of $13,887 in 2011. The latest filing (202312) shows revenue of $110,546 against expenses of $326,856, indicating a deficit for that period. However, the organization maintains minimal liabilities, often reported as $1, which is a strong indicator of financial stability and low debt burden. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can contribute to lower administrative costs and higher program efficiency. The organization's NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activities involve grantmaking or supporting other nonprofits, which typically have different spending profiles than direct service providers. The consistent asset base despite revenue fluctuations points to a well-managed endowment or investment strategy.

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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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