George And Ann Helena Howard Foundation
George And Ann Helena Howard Foundation shows declining assets over a decade, with recent positive net income and no executive compensation.
EIN: 201271613 · Greenville, SC · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $80K |
| Total Expenses | $40K |
| Program Spending | 90% |
| Net Assets | $357K |
| Transparency Score | 85/100 |
Is George And Ann Helena Howard Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
George And Ann Helena Howard Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About George And Ann Helena Howard Foundation
George And Ann Helena Howard Foundation (EIN: 201271613) is a nonprofit organization based in Greenville, SC, classified under NTEE code T22. The organization reported total revenue of $80K and total assets of $362K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George And Ann Helena Howard Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George And Ann Helena Howard Foundation is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $49K |
| Total Expenses | $40K |
| Surplus / Deficit | +$9K |
| Total Assets | $357K |
| Total Liabilities | $1 |
| Net Assets | $357K |
| Operating Margin | 17.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 106.3 months |
Financial Health Grade: A
In 2023, George And Ann Helena Howard Foundation reported a surplus of $9K with revenue exceeding expenses, holds 106.3 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), George And Ann Helena Howard Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +64.8% | +2.1% | +2.5% |
| 2022 | -43.9% | +16.6% | -2.9% |
| 2021 | +158.6% | +14.6% | +5.6% |
| 2020 | -33.2% | +0.7% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 George And Ann Helena Howard 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, George And Ann Helena Howard 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 surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly efficient for a foundation of its size.
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 George And Ann Helena Howard Foundation's IRS 990 filings:
- Significant decline in assets over the past decade from $1,041,292 in 2011 to $361,845 in 2023.
- Several years with expenses exceeding revenue, indicating reliance on asset drawdowns (e.g., 202212: Revenue $29,652, Expenses $39,459).
Strengths
The following positive indicators were identified for George And Ann Helena Howard Foundation:
- Consistent transparency with 10 years of IRS 990 filings.
- Zero officer compensation reported across all filings, indicating highly efficient use of funds for mission.
- Low liabilities, consistently reported as $0 or $1, suggesting strong financial management of obligations.
- Positive net income in the latest filing period (202312: Revenue $48,861, Expenses $40,291).
Frequently Asked Questions about George And Ann Helena Howard Foundation
Is George And Ann Helena Howard Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, George And Ann Helena Howard Foundation (EIN: 201271613) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does George And Ann Helena Howard Foundation spend its money?
George And Ann Helena Howard Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to George And Ann Helena Howard Foundation tax-deductible?
George And Ann Helena Howard Foundation is registered as a tax-exempt nonprofit (EIN: 201271613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does George And Ann Helena Howard Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), George And Ann Helena Howard Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is George And Ann Helena Howard Foundation located?
George And Ann Helena Howard Foundation is headquartered in Greenville, South Carolina and files with the IRS under EIN 201271613. It is classified under NTEE code T22.
How many years of IRS 990 filings does George And Ann Helena Howard Foundation have?
George And Ann Helena Howard 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 $80K in total revenue.
What is the primary purpose of the George And Ann Helena Howard Foundation's expenses, given its NTEE code T22?
As a grantmaking foundation (NTEE T22), the primary purpose of its expenses is typically to issue grants to other organizations or individuals in line with its charitable mission. Without detailed expense schedules, it's assumed the majority of the reported expenses are for program-related grants.
Why have the foundation's assets declined significantly over the past decade?
The foundation's assets have declined from over $1 million in 2011 to $361,845 currently. This decline is likely due to consistent grantmaking exceeding investment returns or new contributions, as evidenced by several years where expenses surpassed revenue (e.g., 202212, 202012, 201412, 201312, 201212).
Is the foundation financially sustainable given its fluctuating revenue?
While revenue fluctuates, the foundation has maintained a substantial asset base. However, continued asset decline without a corresponding increase in revenue or reduction in expenses could impact long-term sustainability. The positive net income in 202312 is a good sign, but consistent positive net income would be needed to stabilize or grow assets.
Filing History
IRS 990 filing history for George And Ann Helena Howard Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), George And Ann Helena Howard Foundation's revenue has declined by 72.4%, moving from $177K to $49K. Total assets decreased by 65.7% over the same period, from $1.0M to $357K. Total functional expenses fell by 31.1%, from $58K to $40K. In its most recent filing year (2023), George And Ann Helena Howard Foundation reported a surplus of $9K, with revenue exceeding expenses. The organization holds $1 in liabilities against $357K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $357K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $49K | $40K | $357K | $1 | — | — |
| 2022 | $30K | $39K | $348K | $1 | — | View 990 |
| 2021 | $53K | $34K | $359K | $1 | — | — |
| 2020 | $20K | $30K | $340K | $1 | — | — |
| 2019 | $31K | $29K | $349K | $0 | — | View 990 |
| 2015 | $-273,885 | $45K | $561K | $0 | — | View 990 |
| 2014 | $32K | $53K | $877K | $0 | — | View 990 |
| 2013 | $-64,956 | $51K | $895K | $0 | — | View 990 |
| 2012 | $24K | $62K | $1.0M | $0 | — | View 990 |
| 2011 | $177K | $58K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $49K, expenses of $40K, and assets of $357K (revenue +64.8% year-over-year).
- 2022: Revenue of $30K, expenses of $39K, and assets of $348K (revenue -43.9% year-over-year).
- 2021: Revenue of $53K, expenses of $34K, and assets of $359K (revenue +158.6% year-over-year).
- 2020: Revenue of $20K, expenses of $30K, and assets of $340K (revenue -33.2% year-over-year).
- 2019: Revenue of $31K, expenses of $29K, and assets of $349K.
- 2015: Revenue of $-273,885, expenses of $45K, and assets of $561K (revenue -953.8% year-over-year).
- 2014: Revenue of $32K, expenses of $53K, and assets of $877K.
- 2013: Revenue of $-64,956, expenses of $51K, and assets of $895K (revenue -370.1% year-over-year).
- 2012: Revenue of $24K, expenses of $62K, and assets of $1.0M (revenue -86.4% year-over-year).
- 2011: Revenue of $177K, expenses of $58K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George And Ann Helena Howard Foundation:
Data Sources and Methodology
This transparency report for George And Ann Helena Howard 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.