Harry H Beren Foundation Ig
Harry H Beren Foundation Ig consistently spends more than its revenue, drawing down assets with zero reported officer compensation.
EIN: 201202752 · Denver, CO · NTEE: T22 · Updated: 2026-03-28
Is Harry H Beren Foundation Ig Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harry H Beren Foundation Ig directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harry H Beren Foundation Ig
Harry H Beren Foundation Ig (EIN: 201202752) is a nonprofit organization based in Denver, CO, classified under NTEE code T22. The organization reported total revenue of $1.3M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harry H Beren Foundation Ig's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harry H Beren Foundation Ig is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $393K |
| Surplus / Deficit | $-286,941 |
| Total Assets | $3.5M |
| Total Liabilities | $1 |
| Net Assets | $3.5M |
| Operating Margin | -269.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 106.5 months |
Financial Health Grade: B
In 2023, Harry H Beren Foundation Ig reported a deficit of $287K with expenses exceeding revenue, holds 106.5 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), Harry H Beren Foundation Ig's revenue has declined at a compound annual growth rate (CAGR) of -11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.4% | -15.1% | -7.6% |
| 2022 | -35.8% | +0.9% | -4.4% |
| 2021 | +97.8% | -6.7% | -0.2% |
| 2020 | -71.5% | -6.0% | -6.2% |
| 2019 | +325.9% | +9.0% | -15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 H Beren Foundation Ig 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Harry H Beren Foundation Ig allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $287K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a highly efficient approach to executive pay and strong financial transparency in this area, especially for a foundation with assets exceeding $3 million.
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 Harry H Beren Foundation Ig's IRS 990 filings:
- Consistent decline in assets over the past decade, from $4.6M in 2011 to $3.4M in 2023.
- Expenses consistently exceed revenue in recent years (e.g., $393,494 expenses vs. $106,553 revenue in 2023), indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Harry H Beren Foundation Ig:
- Zero reported officer compensation across all filings, indicating highly efficient administrative spending.
- Minimal liabilities reported ($0 or $1) across all periods, suggesting strong financial management of debt.
- Consistent filing history (10 filings) demonstrates commitment to transparency and compliance.
Frequently Asked Questions about Harry H Beren Foundation Ig
Is Harry H Beren Foundation Ig a legitimate charity?
Based on AI analysis of IRS 990 filings, Harry H Beren Foundation Ig (EIN: 201202752) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Harry H Beren Foundation Ig spend its money?
Harry H Beren Foundation Ig directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Harry H Beren Foundation Ig tax-deductible?
Harry H Beren Foundation Ig is registered as a tax-exempt nonprofit (EIN: 201202752). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Harry H Beren Foundation Ig actively spending down its endowment?
Yes, the consistent decline in assets from $4,612,935 in 2011 to $3,493,490 in 2023, coupled with expenses frequently exceeding revenue (e.g., $393,494 expenses vs. $106,553 revenue in 2023), strongly suggests the foundation is spending down its principal.
How does the foundation manage to operate with zero officer compensation?
The consistent reporting of 0% officer compensation implies that the foundation's leadership may be entirely volunteer-based, or that any administrative services are provided pro bono or through other non-compensatory arrangements, which is highly efficient.
What is the long-term financial outlook for the foundation given its spending patterns?
Given the consistent trend of expenses exceeding revenue and the decline in assets, the foundation appears to be on a trajectory to eventually deplete its endowment. Its long-term outlook depends on whether this is a deliberate spend-down strategy or if new significant revenue sources are anticipated.
Filing History
IRS 990 filing history for Harry H Beren Foundation Ig showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Harry H Beren Foundation Ig's revenue has declined by 76.4%, moving from $452K to $107K. Total assets decreased by 24.3% over the same period, from $4.6M to $3.5M. Total functional expenses rose by 13.3%, from $347K to $393K. In its most recent filing year (2023), Harry H Beren Foundation Ig reported a deficit of $287K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $393K | $3.5M | $1 | — | — |
| 2022 | $291K | $463K | $3.8M | $1 | — | — |
| 2021 | $453K | $460K | $4.0M | $1 | — | — |
| 2020 | $229K | $493K | $4.0M | $1 | — | View 990 |
| 2019 | $805K | $524K | $4.2M | $0 | — | View 990 |
| 2015 | $189K | $481K | $5.0M | $0 | — | View 990 |
| 2014 | $908K | $418K | $5.3M | $0 | — | View 990 |
| 2013 | $381K | $401K | $4.8M | $0 | — | View 990 |
| 2012 | $394K | $161K | $4.8M | $0 | — | View 990 |
| 2011 | $452K | $347K | $4.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $393K, and assets of $3.5M (revenue -63.4% year-over-year).
- 2022: Revenue of $291K, expenses of $463K, and assets of $3.8M (revenue -35.8% year-over-year).
- 2021: Revenue of $453K, expenses of $460K, and assets of $4.0M (revenue +97.8% year-over-year).
- 2020: Revenue of $229K, expenses of $493K, and assets of $4.0M (revenue -71.5% year-over-year).
- 2019: Revenue of $805K, expenses of $524K, and assets of $4.2M (revenue +325.9% year-over-year).
- 2015: Revenue of $189K, expenses of $481K, and assets of $5.0M (revenue -79.2% year-over-year).
- 2014: Revenue of $908K, expenses of $418K, and assets of $5.3M (revenue +138.4% year-over-year).
- 2013: Revenue of $381K, expenses of $401K, and assets of $4.8M (revenue -3.3% year-over-year).
- 2012: Revenue of $394K, expenses of $161K, and assets of $4.8M (revenue -12.9% year-over-year).
- 2011: Revenue of $452K, expenses of $347K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harry H Beren Foundation Ig:
Data Sources and Methodology
This transparency report for Harry H Beren Foundation Ig 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.