Haugh Family Charitable Foundation

Haugh Family Charitable Foundation shows strong asset growth and minimal liabilities with no officer compensation.

EIN: 201806193 · Laurel, MD · NTEE: T20 · Updated: 2026-03-28

$156KRevenue
$2.1MAssets
92/100Mission Score (Excellent)
T20
Haugh Family Charitable Foundation Financial Summary
MetricValue
Total Revenue$156K
Total Expenses$156K
Program Spending90%
CEO/Top Officer Pay$2
Net Assets$2.1M
Transparency Score92/100

Is Haugh Family Charitable Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Haugh Family Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Haugh Family Charitable Foundation

Haugh Family Charitable Foundation (EIN: 201806193) is a nonprofit organization based in Laurel, MD, classified under NTEE code T20. The organization reported total revenue of $156K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Haugh Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Haugh Family Charitable Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023).

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.1M
Total Expenses$156K
Surplus / Deficit+$904K
Total Assets$2.1M
Total Liabilities$1
Net Assets$2.1M
Operating Margin85.3%
Debt-to-Asset Ratio0.0%
Months of Reserves165.4 months

Financial Health Grade: A

In 2023, Haugh Family Charitable Foundation reported a surplus of $904K with revenue exceeding expenses, holds 165.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023+361.7%+10.3%+72.7%
2022-24.5%+19.2%+7.6%
2021+42.3%+10.8%+19.1%
2020+60.9%-0.2%+12.4%
2019-48.1%+5.1%+125.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Haugh Family Charitable Foundation demonstrates strong financial health, particularly in its asset growth and consistent program spending. In 2023, the organization reported $1,060,370 in revenue against $155,914 in expenses, leading to a substantial increase in assets to $2,149,322. This trend of revenue exceeding expenses and growing assets is consistent over several years, indicating sound financial management and an ability to build reserves for future charitable activities. The foundation's liabilities have consistently remained minimal, at $1, which further underscores its financial stability and low risk profile. The foundation's spending efficiency appears robust, with a significant portion of its expenses likely directed towards its charitable programs, given the absence of officer compensation and minimal administrative overhead implied by the overall expense figures. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the low total expenses relative to revenue and assets suggests an efficient operational model. The consistent growth in assets, from $227,309 in 2011 to over $2.1 million in 2023, indicates effective stewardship of donor funds and a long-term focus on building capacity. Transparency is generally good, with 10 filings available, indicating consistent reporting to the IRS. The explicit reporting of 0% officer compensation is a positive sign for transparency regarding executive pay. However, without a more granular breakdown of expenses (e.g., specific program grants vs. operational costs), a full assessment of spending efficiency and program impact is somewhat limited. The consistent reporting of minimal liabilities also contributes to a clear financial picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Haugh Family Charitable Foundation with a Mission Score of 92 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: 8%
  • programs: 90%
  • fundraising: 2%

According to IRS 990 filings, Haugh Family Charitable Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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:

$1.1MTotal Revenue
$156KTotal Expenses
$2.1MTotal Assets
$1Total Liabilities
$2.1MNet Assets
  • The organization reported a surplus of $904K, 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 the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for a foundation of its size with assets exceeding $2 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 Haugh Family Charitable Foundation's IRS 990 filings:

  • Lack of detailed expense breakdown in provided data, making precise program efficiency calculation difficult.

Strengths

The following positive indicators were identified for Haugh Family Charitable Foundation:

  • Consistent and significant asset growth, indicating strong financial management.
  • Minimal liabilities ($1 across all reported periods), demonstrating excellent financial health.
  • 0% officer compensation reported, suggesting high efficiency and dedication of leadership.
  • Strong revenue generation in recent years, particularly $1,060,370 in 2023.
  • Consistent IRS 990 filing history (10 filings), indicating good transparency and compliance.

Frequently Asked Questions about Haugh Family Charitable Foundation

Is Haugh Family Charitable Foundation a legitimate charity?

Haugh Family Charitable Foundation (EIN: 201806193) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $156K. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Haugh Family Charitable Foundation spend its money?

Haugh Family Charitable Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

Are donations to Haugh Family Charitable Foundation tax-deductible?

Haugh Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 201806193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Haugh Family Charitable Foundation CEO make?

Haugh Family Charitable Foundation's highest-compensated officer earns $2 annually. The organization reported $156K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Haugh Family Charitable Foundation's spending goes to programs?

Haugh Family Charitable Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Haugh Family Charitable Foundation compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Haugh 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 Haugh Family Charitable Foundation located?

Haugh Family Charitable Foundation is headquartered in Laurel, Maryland and files with the IRS under EIN 201806193. It is classified under NTEE code T20.

How many years of IRS 990 filings does Haugh Family Charitable Foundation have?

Haugh 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 $156K in total revenue.

Is the Haugh Family Charitable Foundation financially stable?

Yes, the foundation is very financially stable. Its assets have grown consistently from $227,309 in 2011 to $2,149,322 in 2023, and liabilities have consistently been reported as only $1, indicating a strong balance sheet.

Does the Haugh Family Charitable Foundation pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation across all available periods, suggesting that officers are not compensated directly by the foundation.

How has the foundation's revenue trended over time?

The foundation's revenue has shown significant fluctuations but a strong upward trend in recent years, culminating in a peak of $1,060,370 in 2023, a substantial increase from previous years' revenues typically ranging from $100,000 to $300,000.

What is the Haugh Family Charitable Foundation's asset growth rate?

The foundation has experienced remarkable asset growth, increasing from $227,309 in 2011 to $2,149,322 in 2023, representing an increase of over 840% in just over a decade.

Filing History

IRS 990 filing history for Haugh Family Charitable Foundation showing financial trends over 10 years of public records:

Total assets increased by 845.6% over the same period, from $227K to $2.1M. Total functional expenses rose by 56.8%, from $99K to $156K. In its most recent filing year (2023), Haugh Family Charitable Foundation reported a surplus of $904K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.1M $156K $2.1M $1 View 990
2022 $230K $141K $1.2M $1 View 990
2021 $304K $119K $1.2M $1
2020 $214K $107K $971K $1
2019 $133K $107K $864K $1 View 990
2015 $256K $102K $384K $1 View 990
2014 $114K $101K $230K $1 View 990
2013 $11K $92K $218K $1 View 990
2012 $92K $93K $300K $0 View 990
2011 $-2,331 $99K $227K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.1M, expenses of $156K, and assets of $2.1M (revenue +361.7% year-over-year).
  • 2022: Revenue of $230K, expenses of $141K, and assets of $1.2M (revenue -24.5% year-over-year).
  • 2021: Revenue of $304K, expenses of $119K, and assets of $1.2M (revenue +42.3% year-over-year).
  • 2020: Revenue of $214K, expenses of $107K, and assets of $971K (revenue +60.9% year-over-year).
  • 2019: Revenue of $133K, expenses of $107K, and assets of $864K (revenue -48.1% year-over-year).
  • 2015: Revenue of $256K, expenses of $102K, and assets of $384K (revenue +125.0% year-over-year).
  • 2014: Revenue of $114K, expenses of $101K, and assets of $230K (revenue +975.2% year-over-year).
  • 2013: Revenue of $11K, expenses of $92K, and assets of $218K (revenue -88.5% year-over-year).
  • 2012: Revenue of $92K, expenses of $93K, and assets of $300K.
  • 2011: Revenue of $-2,331, expenses of $99K, and assets of $227K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Haugh Family Charitable Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Haugh 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.

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