Harry Alan Gregg Foundation
Harry Alan Gregg Foundation maintains strong asset growth with no reported officer compensation.
EIN: 20434887 · Manchester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $430K |
| Total Expenses | $198K |
| Program Spending | 85% |
| Net Assets | $6.4M |
| Transparency Score | 90/100 |
Is Harry Alan Gregg Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harry Alan Gregg Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harry Alan Gregg Foundation
Harry Alan Gregg Foundation (EIN: 20434887) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $430K and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harry Alan Gregg Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harry Alan Gregg Foundation is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $198K |
| Surplus / Deficit | +$10K |
| Total Assets | $6.4M |
| Total Liabilities | $57K |
| Net Assets | $6.4M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 388.7 months |
Financial Health Grade: A
In 2023, Harry Alan Gregg Foundation reported a surplus of $10K with revenue exceeding expenses, holds 388.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Harry Alan Gregg Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.2% | -8.9% | +11.2% |
| 2022 | -44.8% | +24.0% | -10.4% |
| 2021 | +349.0% | -14.4% | +22.7% |
| 2020 | -72.3% | +8.6% | +4.1% |
| 2019 | +249.4% | -1.6% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Harry Alan Gregg Foundation with a Mission Score of 90 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, Harry Alan Gregg 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 $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
The Harry Alan Gregg Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation, which is highly favorable for directing resources to its mission.
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.
Strengths
The following positive indicators were identified for Harry Alan Gregg Foundation:
- Consistent asset growth, from $4.3M in 2014 to $7.2M currently.
- 0% reported officer compensation across all filings, indicating high efficiency.
- Stable expense levels despite fluctuating revenue, demonstrating fiscal prudence.
- Strong filing history with 13 IRS 990 filings, showing good transparency and compliance.
- Substantial assets ($7.2M) relative to annual expenses (e.g., $198K in 2023), indicating long-term sustainability.
Frequently Asked Questions about Harry Alan Gregg Foundation
Is Harry Alan Gregg Foundation a legitimate charity?
Harry Alan Gregg Foundation (EIN: 20434887) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $430K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Harry Alan Gregg Foundation spend its money?
Harry Alan Gregg Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Harry Alan Gregg Foundation tax-deductible?
Harry Alan Gregg Foundation is registered as a tax-exempt nonprofit (EIN: 20434887). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harry Alan Gregg Foundation's spending goes to programs?
Harry Alan Gregg Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Harry Alan Gregg Foundation located?
Harry Alan Gregg Foundation is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20434887.
How many years of IRS 990 filings does Harry Alan Gregg Foundation have?
Harry Alan Gregg Foundation has 13 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 $430K in total revenue.
Is the Harry Alan Gregg Foundation a good charity?
Based on the available financial data, the Harry Alan Gregg Foundation appears to be a well-managed organization. It demonstrates strong asset growth, consistent IRS compliance, and notably reports 0% officer compensation, suggesting a high dedication to its mission and efficient use of funds.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved over time, with assets growing from $4.3 million in 2014 to over $7.2 million currently. While revenue fluctuates, expenses have remained stable, contributing to this asset growth.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, indicating a highly efficient approach where executive leadership is not compensated through traditional officer salaries, thereby maximizing funds available for programs.
Filing History
IRS 990 filing history for Harry Alan Gregg Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Harry Alan Gregg Foundation's revenue has grown by 203.9%, moving from $69K to $208K. Total assets increased by 75% over the same period, from $3.7M to $6.4M. Total functional expenses rose by 15.3%, from $172K to $198K. In its most recent filing year (2023), Harry Alan Gregg Foundation reported a surplus of $10K, with revenue exceeding expenses. The organization holds $57K in liabilities against $6.4M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208K | $198K | $6.4M | $57K | — | View 990 |
| 2022 | $308K | $217K | $5.8M | $55K | — | View 990 |
| 2021 | $557K | $175K | $6.4M | $41K | — | View 990 |
| 2020 | $124K | $205K | $5.2M | $80K | — | View 990 |
| 2019 | $448K | $189K | $5.0M | $55K | — | View 990 |
| 2018 | $128K | $192K | $4.6M | $61K | — | View 990 |
| 2017 | $426K | $185K | $4.5M | $56K | — | View 990 |
| 2016 | $327K | $191K | $4.3M | $37K | — | View 990 |
| 2015 | $172K | $173K | $4.3M | $27K | — | View 990 |
| 2014 | $222K | $154K | $4.4M | $28K | — | View 990 |
| 2013 | $141K | $157K | $3.8M | $35K | — | View 990 |
| 2012 | $141K | $207K | $3.6M | $34K | — | View 990 |
| 2011 | $69K | $172K | $3.7M | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208K, expenses of $198K, and assets of $6.4M (revenue -32.2% year-over-year).
- 2022: Revenue of $308K, expenses of $217K, and assets of $5.8M (revenue -44.8% year-over-year).
- 2021: Revenue of $557K, expenses of $175K, and assets of $6.4M (revenue +349.0% year-over-year).
- 2020: Revenue of $124K, expenses of $205K, and assets of $5.2M (revenue -72.3% year-over-year).
- 2019: Revenue of $448K, expenses of $189K, and assets of $5.0M (revenue +249.4% year-over-year).
- 2018: Revenue of $128K, expenses of $192K, and assets of $4.6M (revenue -69.9% year-over-year).
- 2017: Revenue of $426K, expenses of $185K, and assets of $4.5M (revenue +30.4% year-over-year).
- 2016: Revenue of $327K, expenses of $191K, and assets of $4.3M (revenue +89.4% year-over-year).
- 2015: Revenue of $172K, expenses of $173K, and assets of $4.3M (revenue -22.3% year-over-year).
- 2014: Revenue of $222K, expenses of $154K, and assets of $4.4M (revenue +57.8% year-over-year).
- 2013: Revenue of $141K, expenses of $157K, and assets of $3.8M (revenue +0.1% year-over-year).
- 2012: Revenue of $141K, expenses of $207K, and assets of $3.6M (revenue +104.8% year-over-year).
- 2011: Revenue of $69K, expenses of $172K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harry Alan Gregg Foundation:
Data Sources and Methodology
This transparency report for Harry Alan Gregg 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.