Elisabeth K Harris Foundation
Elisabeth K Harris Foundation's assets have declined by over 80% since 2014, with recent years showing consistent operating deficits.
EIN: 206769125 · Saint Louis, MO · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $975K |
| Program Spending | 80% |
| Net Assets | $9.0M |
| Transparency Score | 65/100 |
Is Elisabeth K Harris Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elisabeth K Harris Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elisabeth K Harris Foundation
Elisabeth K Harris Foundation (EIN: 206769125) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code T20. The organization reported total revenue of $2.9M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elisabeth K Harris Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elisabeth K Harris Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $406K |
| Total Expenses | $975K |
| Surplus / Deficit | $-569,187 |
| Total Assets | $9.0M |
| Total Liabilities | $1 |
| Net Assets | $9.0M |
| Operating Margin | -140.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 110.8 months |
Financial Health Grade: B
In 2023, Elisabeth K Harris Foundation reported a deficit of $569K with expenses exceeding revenue, holds 110.8 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), Elisabeth K Harris Foundation's revenue has declined at a compound annual growth rate (CAGR) of -14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +78.0% | +145.2% | -2.7% |
| 2022 | -64.4% | -39.1% | -2.1% |
| 2020 | -116.0% | +1.1% | -7.4% |
| 2019 | -88.8% | -98.5% | -21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Elisabeth K Harris Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Elisabeth K Harris Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $569K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Elisabeth K Harris Foundation consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for transparency and 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 Elisabeth K Harris Foundation's IRS 990 filings:
- Significant and consistent decline in total assets over the past decade, from $53,640,029 in 2014 to $9,003,398 in 2023.
- Frequent operating deficits where expenses exceed revenue, as seen in 2023 ($974,890 expenses vs. $405,703 revenue) and 2022 ($397,593 expenses vs. $227,964 revenue).
- Negative revenue reported in 2020 ($-67,939), which is unusual and warrants further investigation.
Strengths
The following positive indicators were identified for Elisabeth K Harris Foundation:
- Consistent reporting of 0% officer compensation, indicating strong transparency and dedication of funds to mission.
- Long filing history (10 filings), suggesting established operations.
- Maintains a substantial asset base ($9,003,398 in 2023) despite declines, providing some financial cushion.
Frequently Asked Questions about Elisabeth K Harris Foundation
Is Elisabeth K Harris Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Elisabeth K Harris Foundation (EIN: 206769125) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Elisabeth K Harris Foundation spend its money?
Elisabeth K Harris Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elisabeth K Harris Foundation tax-deductible?
Elisabeth K Harris Foundation is registered as a tax-exempt nonprofit (EIN: 206769125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Elisabeth K Harris Foundation's spending goes to programs?
Elisabeth K Harris Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Elisabeth K Harris Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Elisabeth K Harris Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Elisabeth K Harris Foundation located?
Elisabeth K Harris Foundation is headquartered in Saint Louis, Missouri and files with the IRS under EIN 206769125. It is classified under NTEE code T20.
How many years of IRS 990 filings does Elisabeth K Harris Foundation have?
Elisabeth K Harris 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 $2.9M in total revenue.
Is the Elisabeth K Harris Foundation financially sustainable given its declining assets and consistent operating deficits?
The foundation's financial sustainability is questionable. Assets have decreased from $53,640,029 in 2014 to $9,003,398 in 2023, and expenses have frequently exceeded revenue, such as $974,890 in expenses versus $405,703 in revenue in 2023.
What caused the significant drop in assets between 2014 and 2015?
The filings show a dramatic decrease in assets from $53,640,029 in 2014 to $13,019,209 in 2015, alongside a substantial increase in expenses to $43,893,762 in 2015. This suggests a major distribution or divestment occurred.
How does the foundation cover its operating deficits?
With expenses often exceeding revenue (e.g., 2023 expenses of $974,890 vs. revenue of $405,703), the foundation likely covers its deficits by drawing from its investment portfolio or existing assets, which contributes to the overall asset decline.
What is the foundation's strategy for revenue generation to reverse the trend of declining assets?
The provided data does not detail specific revenue generation strategies, but the consistent revenue figures in recent years (e.g., $405,703 in 2023, $227,964 in 2022) suggest a need for increased fundraising or investment income to offset expenses and rebuild assets.
Filing History
IRS 990 filing history for Elisabeth K Harris Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Elisabeth K Harris Foundation's revenue has declined by 85.1%, moving from $2.7M to $406K. Total assets decreased by 81.4% over the same period, from $48.3M to $9.0M. Total functional expenses fell by 68.4%, from $3.1M to $975K. In its most recent filing year (2023), Elisabeth K Harris Foundation reported a deficit of $569K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $406K | $975K | $9.0M | $1 | — | View 990 |
| 2022 | $228K | $398K | $9.3M | $1 | — | View 990 |
| 2021 | $641K | $653K | $9.5M | $1 | — | View 990 |
| 2020 | $-67,939 | $683K | $9.5M | $1 | — | View 990 |
| 2019 | $426K | $675K | $10.2M | $1 | — | View 990 |
| 2015 | $3.8M | $43.9M | $13.0M | $1 | — | View 990 |
| 2014 | $5.5M | $3.3M | $53.6M | $1 | — | View 990 |
| 2013 | $5.5M | $3.2M | $51.4M | $1 | — | View 990 |
| 2012 | $3.8M | $3.1M | $48.9M | $1 | — | View 990 |
| 2011 | $2.7M | $3.1M | $48.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $406K, expenses of $975K, and assets of $9.0M (revenue +78.0% year-over-year).
- 2022: Revenue of $228K, expenses of $398K, and assets of $9.3M (revenue -64.4% year-over-year).
- 2021: Revenue of $641K, expenses of $653K, and assets of $9.5M.
- 2020: Revenue of $-67,939, expenses of $683K, and assets of $9.5M (revenue -116.0% year-over-year).
- 2019: Revenue of $426K, expenses of $675K, and assets of $10.2M (revenue -88.8% year-over-year).
- 2015: Revenue of $3.8M, expenses of $43.9M, and assets of $13.0M (revenue -31.0% year-over-year).
- 2014: Revenue of $5.5M, expenses of $3.3M, and assets of $53.6M (revenue +-0.0% year-over-year).
- 2013: Revenue of $5.5M, expenses of $3.2M, and assets of $51.4M (revenue +45.1% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.1M, and assets of $48.9M (revenue +39.4% year-over-year).
- 2011: Revenue of $2.7M, expenses of $3.1M, and assets of $48.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elisabeth K Harris Foundation:
Data Sources and Methodology
This transparency report for Elisabeth K Harris 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.