Hartings Family Charitable Foundation
Hartings Family Charitable Foundation maintains stable assets and no officer compensation, with fluctuating annual revenues and expenses.
EIN: 203825160 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $91K |
| Program Spending | 90% |
| Net Assets | $757K |
| Transparency Score | 85/100 |
Is Hartings Family Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hartings Family Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hartings Family Charitable Foundation
Hartings Family Charitable Foundation (EIN: 203825160) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $264K and total assets of $739K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hartings Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hartings Family Charitable Foundation is a small 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 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $91K |
| Surplus / Deficit | +$8K |
| Total Assets | $757K |
| Total Liabilities | $1 |
| Net Assets | $757K |
| Operating Margin | 8.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 100.0 months |
Financial Health Grade: A
In 2023, Hartings Family Charitable Foundation reported a surplus of $8K with revenue exceeding expenses, holds 100.0 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), Hartings Family Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +186.4% | +78.6% | +1.1% |
| 2022 | -65.0% | -35.4% | -2.1% |
| 2021 | +173.8% | +36.8% | +2.7% |
| 2020 | -32.1% | -51.6% | -2.3% |
| 2019 | +27.2% | +105.7% | -11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Hartings Family Charitable Foundation 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, Hartings Family Charitable Foundation 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 surplus of $8K, 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 salaries are paid to officers, which is highly favorable for a charitable foundation of this size.
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 Hartings Family Charitable Foundation's IRS 990 filings:
- Fluctuating annual revenue, which could impact consistent program delivery if not managed by asset drawdowns.
Strengths
The following positive indicators were identified for Hartings Family Charitable Foundation:
- No officer compensation reported across all filings, indicating high efficiency and dedication of resources to mission.
- Consistently low liabilities ($1 reported), demonstrating strong financial management and minimal debt.
- Stable asset base (e.g., $739,080 latest assets) provides long-term financial security despite revenue fluctuations.
- Strong program spending ratio, with an estimated 90% of expenses directed towards charitable activities.
Frequently Asked Questions about Hartings Family Charitable Foundation
Is Hartings Family Charitable Foundation a legitimate charity?
Hartings Family Charitable Foundation (EIN: 203825160) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $264K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Hartings Family Charitable Foundation spend its money?
Hartings Family Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hartings Family Charitable Foundation tax-deductible?
Hartings Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203825160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hartings Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hartings Family Charitable 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 Hartings Family Charitable Foundation located?
Hartings Family Charitable Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 203825160. It is classified under NTEE code T20.
How many years of IRS 990 filings does Hartings Family Charitable Foundation have?
Hartings Family Charitable 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 $264K in total revenue.
Is Hartings Family Charitable Foundation a good charity?
Based on the available IRS 990 data, the Hartings Family Charitable Foundation appears to be a well-managed charity. It maintains a strong asset base, reports no officer compensation, and has minimal liabilities, all of which are positive indicators of financial health and efficiency.
What is the primary focus of their spending?
While specific program details are not provided in the summary, the absence of officer compensation and minimal liabilities suggest that the majority of their expenses are directed towards their charitable mission, likely through grants or direct program support, as reflected in the high program spending ratio.
How stable is the foundation's funding?
The foundation's revenue has fluctuated significantly year-to-year, ranging from $18,773 in 2012 to $169,319 in 2013. However, its consistent asset base (e.g., $756,797 in 2023) provides a buffer against revenue volatility, indicating underlying financial stability.
Filing History
IRS 990 filing history for Hartings Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hartings Family Charitable Foundation's revenue has grown by 67.6%, moving from $59K to $99K. Total assets increased by 0.1% over the same period, from $756K to $757K. Total functional expenses rose by 24%, from $73K to $91K. In its most recent filing year (2023), Hartings Family Charitable Foundation reported a surplus of $8K, with revenue exceeding expenses. The organization holds $1 in liabilities against $757K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $757K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $91K | $757K | $1 | — | — |
| 2022 | $35K | $51K | $748K | $1 | — | View 990 |
| 2021 | $99K | $79K | $765K | $1 | — | — |
| 2020 | $36K | $57K | $745K | $1 | — | — |
| 2019 | $53K | $119K | $762K | $1 | — | View 990 |
| 2015 | $42K | $58K | $858K | $1 | — | View 990 |
| 2014 | $76K | $64K | $874K | $1 | — | View 990 |
| 2013 | $169K | $44K | $862K | $1 | — | View 990 |
| 2012 | $19K | $38K | $737K | $1 | — | View 990 |
| 2011 | $59K | $73K | $756K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99K, expenses of $91K, and assets of $757K (revenue +186.4% year-over-year).
- 2022: Revenue of $35K, expenses of $51K, and assets of $748K (revenue -65.0% year-over-year).
- 2021: Revenue of $99K, expenses of $79K, and assets of $765K (revenue +173.8% year-over-year).
- 2020: Revenue of $36K, expenses of $57K, and assets of $745K (revenue -32.1% year-over-year).
- 2019: Revenue of $53K, expenses of $119K, and assets of $762K (revenue +27.2% year-over-year).
- 2015: Revenue of $42K, expenses of $58K, and assets of $858K (revenue -44.9% year-over-year).
- 2014: Revenue of $76K, expenses of $64K, and assets of $874K (revenue -55.3% year-over-year).
- 2013: Revenue of $169K, expenses of $44K, and assets of $862K (revenue +801.9% year-over-year).
- 2012: Revenue of $19K, expenses of $38K, and assets of $737K (revenue -68.3% year-over-year).
- 2011: Revenue of $59K, expenses of $73K, and assets of $756K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hartings Family Charitable Foundation:
Data Sources and Methodology
This transparency report for Hartings Family Charitable 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.