Chuck & Kay Harrison Family Foundation
Chuck & Kay Harrison Family Foundation shows consistent assets but fluctuating, low revenue and expenses with no officer compensation.
EIN: 201822771 · Oklahoma City, OK · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $33K |
| Net Assets | $446K |
| Transparency Score | 50/100 |
Is Chuck & Kay Harrison Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chuck & Kay Harrison Family Foundation
Chuck & Kay Harrison Family Foundation (EIN: 201822771) is a nonprofit organization based in Oklahoma City, OK. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chuck & Kay Harrison Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chuck & Kay Harrison Family Foundation is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $33K |
| Surplus / Deficit | +$1K |
| Total Assets | $446K |
| Total Liabilities | $1 |
| Net Assets | $446K |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 159.8 months |
Financial Health Grade: A
In 2014, Chuck & Kay Harrison Family Foundation reported a surplus of $1K with revenue exceeding expenses, holds 159.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Chuck & Kay Harrison Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -34.4% | -73.3% | -1.6% |
| 2013 | +162.7% | +419.4% | -7.0% |
| 2012 | -31.1% | -5.9% | +7.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chuck & Kay Harrison Family Foundation with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Chuck & Kay Harrison Family Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors received compensation from the organization, which is a positive for minimizing administrative costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Chuck & Kay Harrison Family Foundation's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential inactivity or dissolution.
- Lack of detailed program spending information in the provided data.
Strengths
The following positive indicators were identified for Chuck & Kay Harrison Family Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds by not paying executives.
- Maintained a stable asset base over several years (e.g., $451,039 in 2011 to $445,531 in 2014) despite low revenue.
Frequently Asked Questions about Chuck & Kay Harrison Family Foundation
Is Chuck & Kay Harrison Family Foundation a legitimate charity?
Chuck & Kay Harrison Family Foundation (EIN: 201822771) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 50/100. It has 4 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Chuck & Kay Harrison Family Foundation spend its money?
Chuck & Kay Harrison Family Foundation reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chuck & Kay Harrison Family Foundation tax-deductible?
Chuck & Kay Harrison Family Foundation is registered as a tax-exempt nonprofit (EIN: 201822771). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chuck & Kay Harrison Family Foundation located?
Chuck & Kay Harrison Family Foundation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 201822771.
How many years of IRS 990 filings does Chuck & Kay Harrison Family Foundation have?
Chuck & Kay Harrison Family Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What is the current operational status of the Chuck & Kay Harrison Family Foundation given its latest reported $0 revenue and assets?
The latest reported $0 revenue and assets suggest the foundation may be inactive, dissolved, or undergoing a significant financial restructuring not detailed in the provided data. Further investigation into more recent filings or public records would be necessary to confirm its current status.
What are the specific programs or grants funded by the foundation?
The provided data does not include a breakdown of program spending or specific grants. Without this information, it's impossible to determine the nature or impact of its programmatic activities.
How does the foundation manage its assets given the consistent asset base but low revenue?
The foundation appears to maintain a relatively stable asset base (e.g., $445,531 in 2014) despite low and fluctuating revenue. This suggests its assets might be primarily endowment-based or managed through investments, with revenue potentially coming from investment returns or small contributions. The liabilities are consistently reported as $1, indicating minimal debt.
Filing History
IRS 990 filing history for Chuck & Kay Harrison Family Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Chuck & Kay Harrison Family Foundation's revenue has grown by 18.8%, moving from $29K to $35K. Total assets decreased by 1.2% over the same period, from $451K to $446K. Total functional expenses rose by 30.4%, from $26K to $33K. In its most recent filing year (2014), Chuck & Kay Harrison Family Foundation reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $446K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $446K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $35K | $33K | $446K | $1 | — | View 990 |
| 2013 | $53K | $125K | $453K | $1 | — | View 990 |
| 2012 | $20K | $24K | $486K | $1 | — | View 990 |
| 2011 | $29K | $26K | $451K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $35K, expenses of $33K, and assets of $446K (revenue -34.4% year-over-year).
- 2013: Revenue of $53K, expenses of $125K, and assets of $453K (revenue +162.7% year-over-year).
- 2012: Revenue of $20K, expenses of $24K, and assets of $486K (revenue -31.1% year-over-year).
- 2011: Revenue of $29K, expenses of $26K, and assets of $451K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chuck & Kay Harrison Family Foundation:
Data Sources and Methodology
This transparency report for Chuck & Kay Harrison Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.