Quick charity verification for The High Q Foundation Inc (EIN: 20537670)
Verdict: The High Q Foundation Inc appears trustworthy
70/100Mission Score
$249.0MRevenue
$540.5MAssets
4Red Flags
4Strengths
Red Flags
Highly inconsistent and volatile revenue and expense reporting across periods, including negative revenue.
NTEE code U990 (Unknown/Unclassified) makes programmatic assessment difficult.
Extremely low reported expenses in some periods relative to revenue, raising questions about operational scope or reporting methodology.
Rapid and substantial asset accumulation without clear corresponding programmatic spending in all periods.
Strengths
Consistent reporting of 0% officer compensation, indicating no direct executive pay from the organization.
Significant and growing asset base, providing substantial financial capacity.
Demonstrates ability to generate very large revenues, indicating strong fundraising or investment capabilities.
Low reported liabilities in most periods, suggesting good financial solvency.
Spending Breakdown
How The High Q Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 High Q Foundation Inc
Is The High Q Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The High Q Foundation Inc (EIN: 20537670) appears trustworthy. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.
Is The High Q Foundation Inc a good charity to donate to?
The High Q Foundation Inc has a Mission Score of 70/100. Revenue: $249.0M. Assets: $540.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The High Q Foundation Inc?
The Employer Identification Number (EIN) for The High Q Foundation Inc is 20537670. 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 High Q Foundation Inc spend its money?
The High Q Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The High Q Foundation Inc's tax-exempt status?
You can verify The High Q Foundation Inc's tax-exempt status using EIN 20537670 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 High Q Foundation Inc demonstrates a highly unusual and volatile financial history, making a standard assessment challenging. While the organization reports substantial revenue, reaching $248,962,256 in its latest filing, its expense patterns are inconsistent. For example, in 202311, revenue was $137,331,950 with expenses of only $230,298, suggesting a significant accumulation of assets or a very specific operational model. Conversely, in 202111, expenses were $155,026,827 against $190,286,572 in revenue, indicating a period of higher spending relative to income. The organization consistently reports 0% officer compensation, which is a positive indicator of financial transparency regarding executive pay. However, the extreme fluctuations in revenue and expenses, including a negative revenue figure in 201511, warrant further investigation to understand the nature of its operations and financial management. Without a clear breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess spending efficiency, but the low overall expenses in some periods suggest a lean operational structure or a focus on grantmaking where the grants themselves are not fully reflected as expenses in the same period.