Harper Family Charitable Foundation Inc
Harper Family Charitable Foundation maintains strong asset growth with zero reported officer compensation.
EIN: 20685568 · Mount Dora, FL · NTEE: T21 · Updated: 2026-03-28
About Harper Family Charitable Foundation Inc
Harper Family Charitable Foundation Inc (EIN: 20685568) is a nonprofit organization based in Mount Dora, FL, classified under NTEE code T21. The organization reported total revenue of $1.3M and total assets of $15.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harper Family Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Harper Family Charitable Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Harper Family Charitable Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive team or that compensation is not reported in this section, which is highly favorable for resource allocation to charitable activities.
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 Harper Family Charitable Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $5.8M in 202306 to $0.89M in 202406) without clear explanation in filings.
- Lack of detailed expense breakdown in available data to fully assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Harper Family Charitable Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Strong and consistent growth in assets, from $8.35M in 201106 to $15.44M in 202406.
- Minimal liabilities ($1 in recent years), indicating sound financial health and low debt.
- Long filing history (10 filings), suggesting established operations and compliance.
Frequently Asked Questions about Harper Family Charitable Foundation Inc
Is Harper Family Charitable Foundation Inc a good charity?
Based on the available data, the foundation appears to be a well-managed charity with strong asset growth and no reported officer compensation, indicating a high potential for funds to directly support its mission. However, a detailed breakdown of program spending versus administrative costs would provide a more complete picture of its efficiency.
How does the foundation manage its assets?
The foundation has demonstrated consistent and significant asset growth, from $8,350,480 in 201106 to $15,438,429 in 202406, suggesting effective investment and endowment management.
What caused the large revenue fluctuation between 202306 and 202406?
Revenue decreased from $5,864,026 in 202306 to $892,339 in 202406. This significant drop could be due to a large one-time donation or grant in 202306 that was not repeated, or a change in investment income, and would warrant further investigation into the specific revenue sources.
Filing History
IRS 990 filing history for Harper Family Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2024), Harper Family Charitable Foundation Inc's revenue has grown by 88.1%, moving from $475K to $892K. Total assets increased by 84.9% over the same period, from $8.4M to $15.4M. Total functional expenses rose by 163.1%, from $515K to $1.4M. In its most recent filing year (2024), Harper Family Charitable Foundation Inc reported a deficit of $464K, with expenses exceeding revenue. The organization holds $1 in liabilities against $15.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $892K | $1.4M | $15.4M | $1 | — | View 990 |
| 2023 | $5.9M | $714K | $14.7M | $1 | — | View 990 |
| 2022 | $814K | $656K | $8.7M | $1 | — | View 990 |
| 2021 | $691K | $645K | $11.0M | $1 | — | View 990 |
| 2020 | $364K | $475K | $8.9M | $1 | — | View 990 |
| 2015 | $458K | $559K | $8.8M | $1 | — | View 990 |
| 2014 | $709K | $536K | $9.0M | $1 | — | View 990 |
| 2013 | $413K | $515K | $8.4M | $0 | — | View 990 |
| 2012 | $393K | $514K | $8.1M | $0 | — | View 990 |
| 2011 | $475K | $515K | $8.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $892K, expenses of $1.4M, and assets of $15.4M (revenue -84.8% year-over-year).
- 2023: Revenue of $5.9M, expenses of $714K, and assets of $14.7M (revenue +620.3% year-over-year).
- 2022: Revenue of $814K, expenses of $656K, and assets of $8.7M (revenue +17.9% year-over-year).
- 2021: Revenue of $691K, expenses of $645K, and assets of $11.0M (revenue +89.9% year-over-year).
- 2020: Revenue of $364K, expenses of $475K, and assets of $8.9M (revenue -20.5% year-over-year).
- 2015: Revenue of $458K, expenses of $559K, and assets of $8.8M (revenue -35.5% year-over-year).
- 2014: Revenue of $709K, expenses of $536K, and assets of $9.0M (revenue +71.6% year-over-year).
- 2013: Revenue of $413K, expenses of $515K, and assets of $8.4M (revenue +5.2% year-over-year).
- 2012: Revenue of $393K, expenses of $514K, and assets of $8.1M (revenue -17.2% year-over-year).
- 2011: Revenue of $475K, expenses of $515K, and assets of $8.4M.
Data Sources and Methodology
This transparency report for Harper Family Charitable Foundation Inc 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.