Quick charity verification for The Nick Harroz Jr Family Fdn (EIN: 201943311)
Verdict: The Nick Harroz Jr Family Fdn shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Significant deficit in 2015 (Expenses of $222,510 vs. Revenue of $51,656)
Declining asset base from $435,168 in 2012 to $264,735 in 2015
Lack of detailed expense breakdown in summary data to assess spending efficiency fully
Strengths
No reported officer compensation, suggesting low administrative overhead in terms of salaries
Consistent filing of IRS 990 forms, indicating compliance and transparency in reporting
Spending Breakdown
How The Nick Harroz Jr Family Fdn allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Nick Harroz Jr Family Fdn
Is The Nick Harroz Jr Family Fdn a legitimate charity?
Based on AI analysis of IRS 990 filings, The Nick Harroz Jr Family Fdn (EIN: 201943311) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is The Nick Harroz Jr Family Fdn a good charity to donate to?
The Nick Harroz Jr Family Fdn has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Nick Harroz Jr Family Fdn?
The Employer Identification Number (EIN) for The Nick Harroz Jr Family Fdn is 201943311. 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 Nick Harroz Jr Family Fdn spend its money?
The Nick Harroz Jr Family Fdn allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Nick Harroz Jr Family Fdn's tax-exempt status?
You can verify The Nick Harroz Jr Family Fdn's tax-exempt status using EIN 201943311 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 Nick Harroz Jr Family Fdn appears to be a private foundation, given its name and financial characteristics. Its financial health shows significant fluctuations in revenue and expenses over the analyzed periods. For instance, in 2015, the foundation reported $51,656 in revenue against $222,510 in expenses, indicating a substantial deficit for that year. In contrast, 2014 showed a surplus with $17,188 in revenue and $7,808 in expenses. The foundation's assets have also seen a decline, from $435,168 in 2012 to $264,735 in 2015. Without detailed expense breakdowns, it's challenging to fully assess spending efficiency, but the consistent lack of reported officer compensation suggests a lean operational structure in that regard. The provided data does not offer enough detail to assess transparency beyond the availability of the 990 filings themselves.