Is The Per And Astrid Heidenreich Family…

Quick charity verification for The Per And Astrid Heidenreich Family Foundation (EIN: 206382658)

Strengths

Consistent growth in assets, nearly doubling from $9.5M in 2011 to $18.9M in 2023.
Zero reported officer compensation across all filings, indicating highly efficient administrative costs.
Minimal liabilities ($1 or $0 in most recent filings), reflecting strong financial health and low debt.
Consistent IRS 990 filing history (10 filings), demonstrating good transparency and compliance.
Strong program focus as a grantmaking family foundation, with expenses likely directed towards charitable distributions.

Spending Breakdown

How The Per And Astrid Heidenreich Family Foundation allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

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 Per And Astrid Heidenreich Family Foundation

Is The Per And Astrid Heidenreich Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Per And Astrid Heidenreich Family Foundation (EIN: 206382658) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is The Per And Astrid Heidenreich Family Foundation a good charity to donate to?

The Per And Astrid Heidenreich Family Foundation has a Mission Score of 90/100. Revenue: $13.6M. Assets: $18.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Per And Astrid Heidenreich Family Foundation?

The Employer Identification Number (EIN) for The Per And Astrid Heidenreich Family Foundation is 206382658. 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 Per And Astrid Heidenreich Family Foundation spend its money?

The Per And Astrid Heidenreich Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Per And Astrid Heidenreich Family Foundation's tax-exempt status?

You can verify The Per And Astrid Heidenreich Family Foundation's tax-exempt status using EIN 206382658 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 Per And Astrid Heidenreich Family Foundation demonstrates strong financial health with substantial assets, most recently reported at $18,963,735 in 2023. As a private foundation, its primary function is grantmaking, which is reflected in its program spending. The organization consistently reports zero officer compensation, indicating a volunteer-led or externally managed structure, which contributes to low administrative overhead. However, the foundation's revenue has shown significant volatility over the years, ranging from a negative revenue of $-291,932 in 2015 to a high of $7,480,340 in 2021, and most recently $480,046 in 2023. Despite this, its asset base has grown steadily, suggesting effective long-term financial management and investment strategies.

The foundation's spending efficiency appears high, given the absence of executive compensation and minimal liabilities. The majority of its expenses are likely directed towards its charitable grants, aligning with its mission as a family foundation. The consistent reporting of minimal liabilities (often $1 or $0) across multiple years further underscores a healthy balance sheet and responsible financial practices. The foundation's transparency is good, with a consistent filing history of 10 IRS 990 forms, providing public access to its financial data.

Overall, the foundation appears to be a well-managed entity focused on its grantmaking activities, with a strong asset base and efficient operations due to its structure. The fluctuating revenue is typical for foundations that may receive large, infrequent contributions or experience investment gains/losses, but the consistent growth in assets indicates long-term stability.

Is The Per And Astrid Heidenreich Family Foundation Legit?

Verdict: The Per And Astrid Heidenreich Family Foundation appears trustworthy

Red Flags