Harlan Family Foundation
Harlan Family Foundation maintains substantial assets and no officer compensation amidst fluctuating revenues.
EIN: 203994043 · Avon, IN · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $794K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $7,714,783 |
| Net Assets | $7.5M |
| Transparency Score | 92/100 |
Is Harlan Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harlan Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harlan Family Foundation
Harlan Family Foundation (EIN: 203994043) is a nonprofit organization based in Avon, IN, classified under NTEE code T30. The organization reported total revenue of $1.3M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harlan Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harlan Family 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 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $794K |
| Surplus / Deficit | +$253K |
| Total Assets | $7.5M |
| Total Liabilities | $1 |
| Net Assets | $7.5M |
| Operating Margin | 24.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.9 months |
Financial Health Grade: A
In 2023, Harlan Family Foundation reported a surplus of $253K with revenue exceeding expenses, holds 113.9 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), Harlan Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +147.1% | -1.1% | +3.5% |
| 2022 | -88.9% | +37.7% | -4.5% |
| 2021 | +588.9% | +27.4% | +96.1% |
| 2019 | -224.3% | +45.6% | -28.9% |
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 Harlan Family Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Harlan Family Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $253K, 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 officers or key employees receive salaries from the foundation, which is highly unusual for an organization of its asset size ($7,714,783) and suggests a volunteer-led or externally funded leadership structure.
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 Harlan Family Foundation's IRS 990 filings:
- Significant revenue volatility year-over-year, making future income less predictable.
Strengths
The following positive indicators were identified for Harlan Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency and dedication of resources to mission.
- Substantial and consistently growing asset base ($7,714,783 latest), providing financial stability.
- Minimal liabilities ($1 in recent years), indicating strong financial health and low debt burden.
- Consistent IRS 990 filing history (10 filings), demonstrating good transparency and compliance.
- Expenses generally well below revenue, allowing for asset accumulation and sustained operations.
Frequently Asked Questions about Harlan Family Foundation
Is Harlan Family Foundation a legitimate charity?
Harlan Family Foundation (EIN: 203994043) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Harlan Family Foundation spend its money?
Harlan Family Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Harlan Family Foundation tax-deductible?
Harlan Family Foundation is registered as a tax-exempt nonprofit (EIN: 203994043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Harlan Family Foundation CEO make?
Harlan Family Foundation's highest-compensated officer earns $7,714,783 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Harlan Family Foundation's spending goes to programs?
Harlan Family Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harlan Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Harlan Family Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harlan Family Foundation located?
Harlan Family Foundation is headquartered in Avon, Indiana and files with the IRS under EIN 203994043. It is classified under NTEE code T30.
How many years of IRS 990 filings does Harlan Family Foundation have?
Harlan Family 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 $1.3M in total revenue.
Is the Harlan Family Foundation a good charity?
Based on the available data, the Harlan Family Foundation appears to be a very good charity. It has substantial assets ($7,714,783), consistently low liabilities, and most notably, reports 0% officer compensation across all 10 filings, indicating that funds are not used for executive salaries. Its consistent filing of IRS 990s also points to good transparency.
How does the foundation manage its expenses?
The foundation generally manages its expenses well, with expenses typically lower than revenue, allowing for asset growth. For example, in 2023, expenses were $793,679 against $1,047,130 in revenue. The absence of officer compensation suggests a highly efficient use of funds, likely directing a significant portion towards its programs.
What caused the negative revenue in 2019?
The provided data does not specify the exact cause of the negative revenue of $-474,128 in 2019. This could be due to investment losses, significant returns of contributions, or other accounting adjustments. However, the foundation recovered well, showing positive revenue in subsequent years.
How stable is the foundation's funding?
The foundation's funding shows significant volatility, with revenues ranging from $-474,128 in 2019 to $3,830,274 in 2021. Despite this, the foundation has consistently grown its assets, indicating a strong underlying financial base and effective management of its endowment or investment portfolio to sustain its operations.
Filing History
IRS 990 filing history for Harlan Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Harlan Family Foundation's revenue has grown by 206.8%, moving from $341K to $1.0M. Total assets increased by 54.6% over the same period, from $4.9M to $7.5M. Total functional expenses rose by 193.4%, from $271K to $794K. In its most recent filing year (2023), Harlan Family Foundation reported a surplus of $253K, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $794K | $7.5M | $1 | — | — |
| 2022 | $424K | $803K | $7.3M | $1 | — | View 990 |
| 2021 | $3.8M | $583K | $7.6M | $1 | — | View 990 |
| 2020 | $556K | $458K | $3.9M | $1 | — | — |
| 2019 | $-474,128 | $485K | $3.8M | $1 | — | — |
| 2015 | $381K | $333K | $5.3M | $0 | — | View 990 |
| 2014 | $506K | $406K | $5.3M | $0 | — | View 990 |
| 2013 | $676K | $273K | $5.2M | $0 | — | View 990 |
| 2012 | $171K | $264K | $4.8M | $0 | — | View 990 |
| 2011 | $341K | $271K | $4.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $794K, and assets of $7.5M (revenue +147.1% year-over-year).
- 2022: Revenue of $424K, expenses of $803K, and assets of $7.3M (revenue -88.9% year-over-year).
- 2021: Revenue of $3.8M, expenses of $583K, and assets of $7.6M (revenue +588.9% year-over-year).
- 2020: Revenue of $556K, expenses of $458K, and assets of $3.9M.
- 2019: Revenue of $-474,128, expenses of $485K, and assets of $3.8M (revenue -224.3% year-over-year).
- 2015: Revenue of $381K, expenses of $333K, and assets of $5.3M (revenue -24.7% year-over-year).
- 2014: Revenue of $506K, expenses of $406K, and assets of $5.3M (revenue -25.1% year-over-year).
- 2013: Revenue of $676K, expenses of $273K, and assets of $5.2M (revenue +295.9% year-over-year).
- 2012: Revenue of $171K, expenses of $264K, and assets of $4.8M (revenue -50.0% year-over-year).
- 2011: Revenue of $341K, expenses of $271K, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harlan Family Foundation:
Data Sources and Methodology
This transparency report for Harlan 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.