Consistent IRS 990 filing history demonstrates transparency and compliance.
Spending Breakdown
How Louis And Harold Price Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Louis And Harold Price Foundation Inc
Is Louis And Harold Price Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Louis And Harold Price Foundation Inc (EIN: 136121358) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Louis And Harold Price Foundation Inc a good charity to donate to?
Louis And Harold Price Foundation Inc has a Mission Score of 90/100. Revenue: $12.4M. Assets: $72.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Louis And Harold Price Foundation Inc?
The Employer Identification Number (EIN) for Louis And Harold Price Foundation Inc is 136121358. 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 Louis And Harold Price Foundation Inc spend its money?
Louis And Harold Price Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Louis And Harold Price Foundation Inc's tax-exempt status?
You can verify Louis And Harold Price Foundation Inc's tax-exempt status using EIN 136121358 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 Louis And Harold Price Foundation Inc. appears to be a well-established private foundation with substantial assets, currently valued at $72,043,213 as of the 202312 period. The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of efficient administrative spending and a commitment to directing resources towards its mission. However, a notable trend is that expenses have frequently exceeded revenue in recent years, such as in 202312 where expenses were $5,544,596 against revenues of $2,232,215, and in 202212 with $4,854,630 in expenses versus $2,775,354 in revenue. This suggests the foundation is drawing down on its endowment or investment income to fund its grantmaking activities, which is typical for a private foundation but warrants monitoring to ensure long-term sustainability.
The foundation's financial health is robust given its significant asset base. The consistent reporting of minimal liabilities (often $1) further underscores a strong balance sheet and sound financial management. While specific program spending percentages are not detailed in the provided data, the absence of executive compensation and low liabilities suggest a high potential for program efficiency. The transparency is good in terms of financial reporting, with consistent filings and clear asset/liability figures.