Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation
Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation consistently expends more than its annual revenue, drawing from a substantial asset base.
EIN: 202210574 · Tucson, AZ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $984K |
| Program Spending | 90% |
| Net Assets | $7.7M |
| Transparency Score | 85/100 |
Is Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation
Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation (EIN: 202210574) is a nonprofit organization based in Tucson, AZ. The organization reported total revenue of $3.9M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation is a mid-size nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $424K |
| Total Expenses | $984K |
| Surplus / Deficit | $-559,961 |
| Total Assets | $7.7M |
| Total Liabilities | $1 |
| Net Assets | $7.7M |
| Operating Margin | -132.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 93.8 months |
Financial Health Grade: B
In 2023, Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation reported a deficit of $560K with expenses exceeding revenue, holds 93.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.9% | -8.6% | -6.8% |
| 2022 | -84.8% | -8.9% | -9.3% |
| 2021 | -49.8% | +35.1% | +4.2% |
| 2020 | +154.1% | +13.6% | +33.9% |
| 2019 | +544.4% | +12.7% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $560K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available periods, indicating that the foundation operates without paid officers or that any administrative costs are absorbed elsewhere, which is a positive sign for efficiency.
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 Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation's IRS 990 filings:
- Lack of detailed expense breakdown prevents full assessment of program efficiency.
Strengths
The following positive indicators were identified for Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation:
- Substantial asset base ($7,690,093 in 2023) provides financial stability.
- Consistently low liabilities (e.g., $1 in 2023) indicates sound financial management.
- No reported officer compensation (0% across all filings) suggests efficient administrative overhead.
- Consistent IRS 990 filing history demonstrates transparency.
Frequently Asked Questions about Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation
Is Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation a legitimate charity?
Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation (EIN: 202210574) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation spend its money?
Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation tax-deductible?
Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 202210574). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation located?
Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation is headquartered in Tucson, Arizona and files with the IRS under EIN 202210574.
How many years of IRS 990 filings does Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation have?
Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.9M in total revenue.
Is the Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation a good charity?
Based on the available data, the foundation appears to be a well-managed private foundation with substantial assets and no reported officer compensation. Its consistent grant-making (implied by expenses often exceeding revenue) and minimal liabilities are positive indicators. However, without detailed program expense breakdowns, it's hard to fully evaluate its impact.
How does the foundation sustain itself with expenses often exceeding revenue?
As a charitable foundation with significant assets (e.g., $7,690,093 in 2023), it likely operates as an endowment, drawing income from its investments and distributing grants. The annual revenue figures represent investment income, and expenses include grants paid, which can fluctuate and exceed annual income in any given year, drawing down from the principal or accumulated gains.
What is the primary activity of this foundation?
Given its structure as a charitable foundation and the pattern of expenses, its primary activity is almost certainly grant-making to other charitable organizations or individuals, funded by its endowment.
Filing History
IRS 990 filing history for Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation's revenue has grown by 56.5%, moving from $271K to $424K. Total assets decreased by 2.5% over the same period, from $7.9M to $7.7M. Total functional expenses rose by 116.2%, from $455K to $984K. In its most recent filing year (2023), Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation reported a deficit of $560K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $424K | $984K | $7.7M | $1 | — | View 990 |
| 2022 | $234K | $1.1M | $8.3M | $1 | — | View 990 |
| 2021 | $1.5M | $1.2M | $9.1M | $3K | — | View 990 |
| 2020 | $3.1M | $874K | $8.7M | $2K | — | — |
| 2019 | $1.2M | $770K | $6.5M | $2K | — | View 990 |
| 2015 | $188K | $683K | $7.4M | $2K | — | View 990 |
| 2014 | $428K | $659K | $7.8M | $2K | — | View 990 |
| 2013 | $336K | $558K | $8.1M | $2K | — | View 990 |
| 2012 | $527K | $538K | $8.3M | $2K | — | View 990 |
| 2011 | $271K | $455K | $7.9M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $424K, expenses of $984K, and assets of $7.7M (revenue +80.9% year-over-year).
- 2022: Revenue of $234K, expenses of $1.1M, and assets of $8.3M (revenue -84.8% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.2M, and assets of $9.1M (revenue -49.8% year-over-year).
- 2020: Revenue of $3.1M, expenses of $874K, and assets of $8.7M (revenue +154.1% year-over-year).
- 2019: Revenue of $1.2M, expenses of $770K, and assets of $6.5M (revenue +544.4% year-over-year).
- 2015: Revenue of $188K, expenses of $683K, and assets of $7.4M (revenue -56.0% year-over-year).
- 2014: Revenue of $428K, expenses of $659K, and assets of $7.8M (revenue +27.4% year-over-year).
- 2013: Revenue of $336K, expenses of $558K, and assets of $8.1M (revenue -36.3% year-over-year).
- 2012: Revenue of $527K, expenses of $538K, and assets of $8.3M (revenue +94.7% year-over-year).
- 2011: Revenue of $271K, expenses of $455K, and assets of $7.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dorothy Harmsen And Bill Harmsen Sr Charitable Foundation:
Data Sources and Methodology
This transparency report for Dorothy Harmsen And Bill Harmsen Sr Charitable 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.