Harper Family Foundation
Harper Family Foundation reports significant deficit in 2023 after years of modest operations and fluctuating assets.
EIN: 200406125 · Greenville, SC · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $2.4M |
| Program Spending | 80% |
| Net Assets | $133K |
| Transparency Score | 65/100 |
Is Harper Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harper Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harper Family Foundation
Harper Family Foundation (EIN: 200406125) is a nonprofit organization based in Greenville, SC, classified under NTEE code T20. The organization reported total revenue of $6K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harper Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harper Family Foundation is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 29.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-840,352 |
| Total Assets | $133K |
| Total Liabilities | $1 |
| Net Assets | $133K |
| Operating Margin | -53.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2023, Harper Family Foundation reported a deficit of $840K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Harper Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 29.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -642.5% | -9.0% | -9.0% |
| 2020 | -359.4% | -17.5% | -14.5% |
| 2019 | -27.2% | +1.2% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Harper Family Foundation with a Mission Score of 65 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, Harper 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 $840K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Harper Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive for resource allocation.
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 Foundation's IRS 990 filings:
- Significant operating deficit in 2023 ($840,352), with expenses far exceeding revenue.
- Highly volatile revenue figures, including multiple years with negative revenue (e.g., $-50,449 in 2022, $-154,210 in 2020).
- Substantial decline in assets from over $1.3 million in 2015 to $132,568 in 2023, indicating a significant draw-down or loss.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes efficiency assessment difficult.
Strengths
The following positive indicators were identified for Harper Family Foundation:
- Consistent reporting of 0% officer compensation, indicating a lean or volunteer-led operational structure.
- Minimal liabilities ($1 across all filings), suggesting strong debt management and financial stability in that regard.
- Long filing history (10 filings), indicating consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Harper Family Foundation
Is Harper Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Harper Family Foundation (EIN: 200406125) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Harper Family Foundation spend its money?
Harper Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Harper Family Foundation tax-deductible?
Harper Family Foundation is registered as a tax-exempt nonprofit (EIN: 200406125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harper Family Foundation's spending goes to programs?
Harper Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harper Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Harper Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harper Family Foundation located?
Harper Family Foundation is headquartered in Greenville, South Carolina and files with the IRS under EIN 200406125. It is classified under NTEE code T20.
How many years of IRS 990 filings does Harper Family Foundation have?
Harper 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 $6K in total revenue.
What caused the dramatic increase in revenue and expenses in the 2023 fiscal year?
The provided data shows a revenue of $1,585,019 and expenses of $2,425,371 in 2023, a significant jump from previous years' figures which were typically in the tens of thousands. This warrants further investigation into the nature of these transactions.
Why have the organization's assets decreased significantly from over $1.3 million in 2015 to $132,568 in 2023?
The asset decline suggests either substantial program spending not reflected in annual expenses, investment losses, or a reclassification/distribution of assets. Understanding this trend is crucial for assessing long-term capacity.
How does the Harper Family Foundation manage to operate with 0% officer compensation?
The consistent reporting of zero officer compensation implies a volunteer-driven model or that compensation is structured in a way not reported in this category. This is a positive for efficiency but raises questions about sustainability and operational capacity for larger activities.
What are the specific program activities that account for the $2,425,371 in expenses in 2023?
Given the substantial increase in expenses in 2023, a detailed breakdown of how these funds were utilized for program services versus administrative or fundraising costs is essential to evaluate efficiency and mission impact.
Filing History
IRS 990 filing history for Harper Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Harper Family Foundation's revenue has grown by 2078.4%, moving from $73K to $1.6M. Total assets decreased by 89.9% over the same period, from $1.3M to $133K. Total functional expenses rose by 3281.1%, from $72K to $2.4M. In its most recent filing year (2023), Harper Family Foundation reported a deficit of $840K, with expenses exceeding revenue. The organization holds $1 in liabilities against $133K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $2.4M | $133K | $1 | — | — |
| 2022 | $-50,449 | $64K | $968K | $1 | — | View 990 |
| 2021 | $9K | $70K | $1.1M | $1 | — | View 990 |
| 2020 | $-154,210 | $54K | $1.1M | $1 | — | — |
| 2019 | $59K | $66K | $1.3M | $1 | — | View 990 |
| 2015 | $82K | $65K | $1.3M | $1 | — | View 990 |
| 2014 | $72K | $67K | $1.3M | $1 | — | View 990 |
| 2013 | $73K | $71K | $1.3M | $1 | — | View 990 |
| 2012 | $72K | $68K | $1.3M | $1 | — | View 990 |
| 2011 | $73K | $72K | $1.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $2.4M, and assets of $133K.
- 2022: Revenue of $-50,449, expenses of $64K, and assets of $968K (revenue -642.5% year-over-year).
- 2021: Revenue of $9K, expenses of $70K, and assets of $1.1M.
- 2020: Revenue of $-154,210, expenses of $54K, and assets of $1.1M (revenue -359.4% year-over-year).
- 2019: Revenue of $59K, expenses of $66K, and assets of $1.3M (revenue -27.2% year-over-year).
- 2015: Revenue of $82K, expenses of $65K, and assets of $1.3M (revenue +13.7% year-over-year).
- 2014: Revenue of $72K, expenses of $67K, and assets of $1.3M (revenue -1.9% year-over-year).
- 2013: Revenue of $73K, expenses of $71K, and assets of $1.3M (revenue +1.4% year-over-year).
- 2012: Revenue of $72K, expenses of $68K, and assets of $1.3M (revenue -0.7% year-over-year).
- 2011: Revenue of $73K, expenses of $72K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harper Family Foundation:
Data Sources and Methodology
This transparency report for Harper 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.