Is The Harry And Reba Huge Foundation Legit?

Quick charity verification for The Harry And Reba Huge Foundation (EIN: 203721428)

Verdict: The Harry And Reba Huge Foundation shows mixed signals

60/100Mission Score

$17KRevenue

$435KAssets

3Red Flags

3Strengths

Red Flags

Significant and consistent decline in annual revenue from over $1 million to $35,380 in 2022.
Periods of substantial deficit spending where expenses far exceeded revenue (e.g., 2021 expenses of $205,119 vs. revenue of $63,231; 2020 expenses of $706,940 vs. revenue of $384,600).
Fluctuating asset base, with a notable decrease from $922,535 in 2019 to $412,308 in 2022, indicating potential use of reserves to cover operational shortfalls.

Strengths

Consistent 0% officer compensation across all reported years, demonstrating highly efficient executive spending.
Absence of liabilities in many recent years (2022, 2021, 2016, 2015, 2013), indicating good debt management.
Historically, the foundation managed significant revenue and expenses, suggesting a capacity for larger operations if funding can be restored.

Spending Breakdown

How The Harry And Reba Huge Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 The Harry And Reba Huge Foundation

Is The Harry And Reba Huge Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Harry And Reba Huge Foundation (EIN: 203721428) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.

Is The Harry And Reba Huge Foundation a good charity to donate to?

The Harry And Reba Huge Foundation has a Mission Score of 60/100. Revenue: $17K. Assets: $435K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Harry And Reba Huge Foundation?

The Employer Identification Number (EIN) for The Harry And Reba Huge Foundation is 203721428. 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 The Harry And Reba Huge Foundation spend its money?

The Harry And Reba Huge Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Harry And Reba Huge Foundation's tax-exempt status?

You can verify The Harry And Reba Huge Foundation's tax-exempt status using EIN 203721428 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 Harry And Reba Huge Foundation exhibits a concerning trend of declining revenue and increasing financial instability over recent years. While the foundation reported $1,077,571 in revenue in 2016 and $999,823 in 2019, its latest reported revenue for 2022 was only $35,380, a significant drop. This substantial decrease in funding, coupled with periods where expenses exceeded revenue (e.g., 2021 expenses of $205,119 against revenue of $63,231, and 2020 expenses of $706,940 against revenue of $384,600), indicates a challenging financial environment. The foundation's assets have also fluctuated, peaking at $922,535 in 2019 but standing at $412,308 in 2022, suggesting a depletion of reserves.

Despite these financial challenges, the foundation consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds at the executive level. However, without detailed expense breakdowns beyond total expenses, it's difficult to fully assess spending efficiency across programs, administration, and fundraising. The lack of liabilities in recent years (2022, 2021, 2016, 2015, 2013) is a strength, indicating good debt management.

Overall, the foundation appears to be struggling with fundraising and maintaining its operational scale. While executive compensation is not a concern, the dramatic decline in revenue and occasional deficit spending raise questions about the long-term sustainability and impact of its programs. Further transparency on program spending versus administrative and fundraising costs would provide a clearer picture of its financial health and efficiency.

View Full Transparency Report →

Disclaimer

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