Is The Heckscher Foundation For Children Legit?

Quick charity verification for The Heckscher Foundation For Children (EIN: 131820170)

Verdict: The Heckscher Foundation For Children appears trustworthy

90/100Mission Score
$28.5MRevenue
$360.9MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How The Heckscher Foundation For Children 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 The Heckscher Foundation For Children

Is The Heckscher Foundation For Children a legitimate charity?

Based on AI analysis of IRS 990 filings, The Heckscher Foundation For Children (EIN: 131820170) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is The Heckscher Foundation For Children a good charity to donate to?

The Heckscher Foundation For Children has a Mission Score of 90/100. Revenue: $28.5M. Assets: $360.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Heckscher Foundation For Children?

The Employer Identification Number (EIN) for The Heckscher Foundation For Children is 131820170. 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 Heckscher Foundation For Children spend its money?

The Heckscher Foundation For Children allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Heckscher Foundation For Children's tax-exempt status?

You can verify The Heckscher Foundation For Children's tax-exempt status using EIN 131820170 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 Heckscher Foundation For Children demonstrates strong financial health, consistently maintaining substantial assets. In the 202312 period, the organization reported assets of $341,543,020, significantly exceeding its annual expenses of $20,843,955. This indicates a robust endowment that can support its mission for the long term. The foundation's revenue has fluctuated, with a notable peak of $36,205,183 in 202112, but it consistently covers its operational costs over time, even in years where expenses temporarily outpace revenue, such as in 202312 where revenue was $13,079,325 against expenses of $20,843,955. This is typical for foundations that rely on investment returns and grant cycles. Spending efficiency appears high, as the organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, which is a positive indicator for donor confidence. The very low liabilities, often reported as $1, further underscore a strong balance sheet and responsible financial management. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the raw data, the absence of officer compensation is a strong positive for efficiency. In terms of transparency, the consistent filing of IRS Form 990s over a decade provides a good historical record of financial activity. The minimal liabilities and zero reported officer compensation contribute to a perception of fiscal prudence. However, without a more granular breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency and program focus is challenging. The foundation's substantial asset base and consistent operations suggest a well-managed and transparent entity within the scope of the provided data.

View Full Transparency Report →

Disclaimer

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

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