Harden Family Foundation
Harden Family Foundation maintains stable assets with no reported officer compensation amidst fluctuating modest revenues.
EIN: 203999021 · Pelham, AL · NTEE: T22 · Updated: 2026-03-28
Is Harden Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harden Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harden Family Foundation
Harden Family Foundation (EIN: 203999021) is a nonprofit organization based in Pelham, AL, classified under NTEE code T22. The organization reported total revenue of $174K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harden Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harden Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $13K |
| Surplus / Deficit | $-2,944 |
| Total Assets | $219K |
| Total Liabilities | $1 |
| Net Assets | $219K |
| Operating Margin | -30.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 207.1 months |
Financial Health Grade: B
In 2023, Harden Family Foundation reported a deficit of $3K with expenses exceeding revenue, holds 207.1 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), Harden Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.3% | +94.5% | -2.2% |
| 2022 | +183.5% | +14.3% | -1.0% |
| 2021 | -93.2% | -92.2% | +0.4% |
| 2020 | +79.8% | +244.2% | -30.6% |
| 2019 | +99.9% | +19.0% | +14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Harden Family Foundation with a Mission Score of 75 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, Harden Family 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Harden Family Foundation consistently reports 0% officer compensation across all ten available filings, indicating that its leadership is likely unpaid, which is a positive sign for minimizing administrative overhead.
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 Harden Family Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes program efficiency difficult to fully ascertain.
Strengths
The following positive indicators were identified for Harden Family Foundation:
- Consistent IRS 990 filing history demonstrates transparency.
- 0% officer compensation reported across all filings, indicating low administrative overhead for leadership.
- Minimal liabilities ($1 reported in most recent filings) suggests strong financial management.
- Stable asset base over a decade provides financial resilience.
Frequently Asked Questions about Harden Family Foundation
Is Harden Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Harden Family Foundation (EIN: 203999021) some concerns. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
How does Harden Family Foundation spend its money?
Harden Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Harden Family Foundation tax-deductible?
Harden Family Foundation is registered as a tax-exempt nonprofit (EIN: 203999021). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Harden Family Foundation a good charity?
Based on the available data, the Harden Family Foundation appears to be a well-managed small private foundation. It consistently files its IRS 990s, reports no officer compensation, and maintains stable assets with minimal liabilities. However, without detailed program expense data, it's difficult to fully assess its direct impact and efficiency.
How does the foundation manage its expenses relative to its income?
The foundation's expenses sometimes exceed its revenue, as seen in 2023 ($12,710 expenses vs. $9,766 revenue) and 2020 ($73,552 expenses vs. $54,450 revenue). This suggests it occasionally utilizes its asset base to cover operational costs, which is common for foundations.
What is the trend in the foundation's assets?
The foundation's assets have remained relatively stable over the past decade, fluctuating between approximately $200,000 and $325,000. The current assets are $212,326, which is consistent with its historical range.
Filing History
IRS 990 filing history for Harden Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Harden Family Foundation's revenue has declined by 68.5%, moving from $31K to $10K. Total assets increased by 8.7% over the same period, from $202K to $219K. Total functional expenses fell by 50.4%, from $26K to $13K. In its most recent filing year (2023), Harden Family Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $219K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $219K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $13K | $219K | $1 | — | — |
| 2022 | $10K | $7K | $224K | $1 | — | — |
| 2021 | $4K | $6K | $226K | $1 | — | — |
| 2020 | $54K | $74K | $225K | $1 | — | View 990 |
| 2019 | $30K | $21K | $325K | $1 | — | View 990 |
| 2015 | $15K | $18K | $283K | $1 | — | View 990 |
| 2014 | $21K | $12K | $275K | $1 | — | View 990 |
| 2013 | $12K | $5K | $253K | $0 | — | View 990 |
| 2012 | $11K | $4K | $205K | $0 | — | View 990 |
| 2011 | $31K | $26K | $202K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $13K, and assets of $219K (revenue -6.3% year-over-year).
- 2022: Revenue of $10K, expenses of $7K, and assets of $224K (revenue +183.5% year-over-year).
- 2021: Revenue of $4K, expenses of $6K, and assets of $226K (revenue -93.2% year-over-year).
- 2020: Revenue of $54K, expenses of $74K, and assets of $225K (revenue +79.8% year-over-year).
- 2019: Revenue of $30K, expenses of $21K, and assets of $325K (revenue +99.9% year-over-year).
- 2015: Revenue of $15K, expenses of $18K, and assets of $283K (revenue -28.7% year-over-year).
- 2014: Revenue of $21K, expenses of $12K, and assets of $275K (revenue +84.1% year-over-year).
- 2013: Revenue of $12K, expenses of $5K, and assets of $253K (revenue +2.1% year-over-year).
- 2012: Revenue of $11K, expenses of $4K, and assets of $205K (revenue -63.6% year-over-year).
- 2011: Revenue of $31K, expenses of $26K, and assets of $202K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harden Family Foundation:
Data Sources and Methodology
This transparency report for Harden 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.