Consistent 990 filings, demonstrating transparency in reporting.
Minimal liabilities ($1 consistently reported), indicating no significant debt.
Spending Breakdown
How Nichols Handy Charitable Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
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 Nichols Handy Charitable Foundation
Is Nichols Handy Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nichols Handy Charitable Foundation (EIN: 201206760) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
Is Nichols Handy Charitable Foundation a good charity to donate to?
Nichols Handy Charitable Foundation has a Mission Score of 45/100. Revenue: $1K. Assets: $14K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nichols Handy Charitable Foundation?
The Employer Identification Number (EIN) for Nichols Handy Charitable Foundation is 201206760. 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 Nichols Handy Charitable Foundation spend its money?
Nichols Handy Charitable Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nichols Handy Charitable Foundation's tax-exempt status?
You can verify Nichols Handy Charitable Foundation's tax-exempt status using EIN 201206760 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 Nichols Handy Charitable Foundation appears to be a very small, family-run foundation based on its consistent minimal revenue and expenses. Its financial health shows a consistent decline in assets over the past decade, from $36,561 in 2011 to $14,755 in 2023, indicating that expenses consistently outpace revenue. For example, in 2023, revenue was $292 while expenses were $1,412. This trend suggests the organization is drawing down its principal to cover operational costs, which is not sustainable long-term without significant new funding.
Spending efficiency is difficult to assess without a detailed breakdown of expenses, but given the very low revenue and expenses, it's likely that most spending is administrative or directly related to very small grants. The consistent reporting of 0% officer compensation is a positive sign for minimizing overhead related to salaries. However, the overall financial activity is extremely limited, raising questions about its programmatic impact.
Transparency appears adequate for an organization of this size, with consistent 990 filings. The consistent liabilities of $1 across all filings suggest minimal debt. However, the lack of significant financial activity or growth over a long period might indicate a limited scope or an organization in a slow wind-down phase.