Haddad Brands Foundation
Haddad Brands Foundation shows strong asset growth and recent revenue surplus with no reported officer compensation.
EIN: 136126372 · Dayton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.3M |
| Transparency Score | 85/100 |
Is Haddad Brands Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Haddad Brands Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Haddad Brands Foundation
Haddad Brands Foundation (EIN: 136126372) is a nonprofit organization based in Dayton, NJ. The organization reported total revenue of $2.3M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Haddad Brands Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Haddad Brands Foundation is a mid-size nonprofit that has been operating for 64 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$938K |
| Total Assets | $5.3M |
| Total Liabilities | $1 |
| Net Assets | $5.3M |
| Operating Margin | 29.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 28.9 months |
Financial Health Grade: A
In 2023, Haddad Brands Foundation reported a surplus of $938K with revenue exceeding expenses, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Haddad Brands Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +210.5% | +46.0% | +84.6% |
| 2022 | -10.0% | -18.0% | -26.7% |
| 2021 | +19.5% | +162.8% | -15.2% |
| 2020 | +201.2% | -11.9% | +5.5% |
| 2019 | +1291.3% | +3437.8% | +83861.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 1962 |
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 Haddad Brands 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: 85%
- fundraising: 5%
According to IRS 990 filings, Haddad Brands Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $938K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of its size with assets exceeding $5 million.
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 Haddad Brands Foundation's IRS 990 filings:
- Unusual $1 liability reported consistently across multiple years, which may obscure actual financial obligations or represent an atypical accounting practice.
- Lack of detailed expense breakdown (program, administrative, fundraising) in the provided summary data, making it difficult to precisely assess spending efficiency ratios.
Strengths
The following positive indicators were identified for Haddad Brands Foundation:
- Strong asset growth, increasing from $5,227 in 2015 to $5,313,128 in 2023, indicating robust financial health.
- Consistent reporting of 0% officer compensation across all available filings, suggesting high efficiency in resource allocation and no diversion of funds to executive salaries.
- Significant revenue growth, with 2023 revenue reaching $3,141,509, demonstrating increasing support and operational capacity.
- Recent financial surplus in 2023, with revenue exceeding expenses by nearly $1 million, contributing to organizational stability and future program funding.
Frequently Asked Questions about Haddad Brands Foundation
Is Haddad Brands Foundation a legitimate charity?
Haddad Brands Foundation (EIN: 136126372) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Haddad Brands Foundation spend its money?
Haddad Brands Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Haddad Brands Foundation tax-deductible?
Haddad Brands Foundation is registered as a tax-exempt nonprofit (EIN: 136126372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Haddad Brands Foundation CEO make?
Haddad Brands Foundation's highest-compensated officer earns $5 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Haddad Brands Foundation's spending goes to programs?
Haddad Brands Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Haddad Brands Foundation located?
Haddad Brands Foundation is headquartered in Dayton, New Jersey and files with the IRS under EIN 136126372.
How many years of IRS 990 filings does Haddad Brands Foundation have?
Haddad Brands Foundation has 9 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 $2.3M in total revenue.
Is Haddad Brands Foundation a good charity?
Based on the available data, Haddad Brands Foundation appears to be a good charity. It has demonstrated strong asset growth, a recent revenue surplus in 2023 ($3,141,509 revenue vs. $2,203,761 expenses), and notably reports 0% officer compensation, suggesting efficient use of funds for its mission.
What is the significance of the $1 liability reported in recent years?
The consistent reporting of $1 in liabilities across multiple recent filings (e.g., 2023, 2022, 2021, 2020, 2019) is unusual for an organization of this size. It could indicate a specific accounting practice, a placeholder, or that the organization has virtually no outstanding debts, but it warrants further investigation for complete financial clarity.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue has grown from $22,450 in 2015 to $3,141,509 in 2023, and assets have increased dramatically from $5,227 in 2015 to $5,313,128 in 2023, indicating substantial growth and financial stability.
Filing History
IRS 990 filing history for Haddad Brands Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Haddad Brands Foundation's revenue has grown by 599.4%, moving from $449K to $3.1M. Total assets increased by 12467.4% over the same period, from $42K to $5.3M. Total functional expenses rose by 390.6%, from $449K to $2.2M. In its most recent filing year (2023), Haddad Brands Foundation reported a surplus of $938K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.2M | $5.3M | $1 | — | — |
| 2022 | $1.0M | $1.5M | $2.9M | $1 | — | View 990 |
| 2021 | $1.1M | $1.8M | $3.9M | $1 | — | View 990 |
| 2020 | $941K | $700K | $4.6M | $1 | — | View 990 |
| 2019 | $312K | $794K | $4.4M | $1 | — | View 990 |
| 2015 | $22K | $22K | $5K | $0 | — | View 990 |
| 2013 | $22K | $22K | $5K | $0 | — | View 990 |
| 2012 | $163K | $164K | $5K | $0 | — | View 990 |
| 2011 | $449K | $449K | $42K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.2M, and assets of $5.3M (revenue +210.5% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.5M, and assets of $2.9M (revenue -10.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.8M, and assets of $3.9M (revenue +19.5% year-over-year).
- 2020: Revenue of $941K, expenses of $700K, and assets of $4.6M (revenue +201.2% year-over-year).
- 2019: Revenue of $312K, expenses of $794K, and assets of $4.4M (revenue +1291.3% year-over-year).
- 2015: Revenue of $22K, expenses of $22K, and assets of $5K (revenue +0.2% year-over-year).
- 2013: Revenue of $22K, expenses of $22K, and assets of $5K (revenue -86.3% year-over-year).
- 2012: Revenue of $163K, expenses of $164K, and assets of $5K (revenue -63.7% year-over-year).
- 2011: Revenue of $449K, expenses of $449K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Haddad Brands Foundation:
Data Sources and Methodology
This transparency report for Haddad Brands 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.