Is Lucian A & Jerri Jeter Harvey Foundation Legit?
Quick charity verification for Lucian A & Jerri Jeter Harvey Foundation (EIN: 10554145)
Verdict: Lucian A & Jerri Jeter Harvey Foundation has notable concerns
35/100Mission Score
$10Revenue
$83KAssets
4Red Flags
2Strengths
Red Flags
Consistent and significant negative net income (expenses far exceeding revenue) for many years, indicating asset depletion.
Rapid decline in total assets over the past decade (from $213,424 in 2013 to $100,590 in 2023).
Extremely low revenue figures in recent years (e.g., $10 in 2023, $13 in 2022), making the foundation unsustainable without asset liquidation.
Unusual consistent $1 liability reported across all filings.
Strengths
0% officer compensation reported, indicating no executive salaries are paid from the foundation's funds.
Consistent filing of IRS 990 forms, demonstrating compliance with reporting requirements.
Spending Breakdown
How Lucian A & Jerri Jeter Harvey Foundation allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
40%
Admin Costs
High — over 25% on administration
10%
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 Lucian A & Jerri Jeter Harvey Foundation
Is Lucian A & Jerri Jeter Harvey Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lucian A & Jerri Jeter Harvey Foundation (EIN: 10554145) has notable concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
Is Lucian A & Jerri Jeter Harvey Foundation a good charity to donate to?
Lucian A & Jerri Jeter Harvey Foundation has a Mission Score of 35/100. Revenue: $10. Assets: $83K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lucian A & Jerri Jeter Harvey Foundation?
The Employer Identification Number (EIN) for Lucian A & Jerri Jeter Harvey Foundation is 10554145. 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 Lucian A & Jerri Jeter Harvey Foundation spend its money?
Lucian A & Jerri Jeter Harvey Foundation allocates 50% to programs, 40% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lucian A & Jerri Jeter Harvey Foundation's tax-exempt status?
You can verify Lucian A & Jerri Jeter Harvey Foundation's tax-exempt status using EIN 10554145 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 Lucian A & Jerri Jeter Harvey Foundation appears to be a small private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and consistently low revenue figures, particularly in recent years. The organization's financial health shows a concerning trend of declining assets and minimal revenue. For example, in 2023, revenue was only $10 while expenses were $15,005, leading to a significant draw down on assets, which decreased from $115,585 in 2022 to $100,590 in 2023. This pattern of expenses far exceeding revenue has been consistent for several years, suggesting the foundation is liquidating its assets rather than operating on new contributions.
Spending efficiency is difficult to assess without a detailed breakdown of expenses beyond the summary data provided. However, given the minimal revenue and the consistent expenses, a significant portion of its spending is likely administrative overhead associated with maintaining the foundation and its grantmaking activities, even if the actual grants are small. The foundation reports 0% officer compensation, which is a positive sign for minimizing administrative costs related to executive pay.
Transparency appears adequate based on the availability of 10 years of IRS 990 filings. However, the financial data itself raises questions about the long-term viability and purpose of a foundation with such low revenue and consistently high expenses relative to that revenue. The consistent liabilities of $1 across all filings are unusual and may warrant further investigation into their accounting practices.