Heidt Family Foundation
Heidt Family Foundation consistently reports 0% officer compensation and actively distributes assets.
EIN: 205881913 · Cincinnati, OH · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.8M |
| Program Spending | 95% |
| Net Assets | $621K |
| Transparency Score | 90/100 |
Is Heidt Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heidt Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heidt Family Foundation
Heidt Family Foundation (EIN: 205881913) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code T20. The organization reported total revenue of $3.2M and total assets of $661K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heidt Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heidt Family Foundation is a mid-size 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 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$152K |
| Total Assets | $621K |
| Total Liabilities | $1 |
| Net Assets | $621K |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, Heidt Family Foundation reported a surplus of $152K with revenue exceeding expenses, holds 2.7 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), Heidt Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1575.4% | -7.2% | -78.0% |
| 2022 | -76.6% | +39.2% | -50.1% |
| 2021 | +2.8% | -13.6% | -20.1% |
| 2020 | -70.7% | +10.7% | -20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Heidt Family 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Heidt Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $152K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has been consistently reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through an external entity, which is a strong positive for financial efficiency.
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 Heidt Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication.
- Minimal liabilities across all filing periods, suggesting sound financial management.
- Active distribution of assets, demonstrating a commitment to programmatic impact rather than asset accumulation.
- Positive net revenue in the most recent filing period (202312), indicating operational sustainability.
Frequently Asked Questions about Heidt Family Foundation
Is Heidt Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Heidt Family Foundation (EIN: 205881913) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Heidt Family Foundation spend its money?
Heidt Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Heidt Family Foundation tax-deductible?
Heidt Family Foundation is registered as a tax-exempt nonprofit (EIN: 205881913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Heidt Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Heidt 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 Heidt Family Foundation located?
Heidt Family Foundation is headquartered in Cincinnati, Ohio and files with the IRS under EIN 205881913. It is classified under NTEE code T20.
How many years of IRS 990 filings does Heidt Family Foundation have?
Heidt 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 $3.2M in total revenue.
Is the Heidt Family Foundation a good charity?
Based on the available IRS 990 data, the Heidt Family Foundation appears to be a well-managed and efficient organization. Key indicators include 0% officer compensation, minimal liabilities, and a history of significant asset distribution, suggesting a strong focus on its mission.
How does the Heidt Family Foundation manage its assets?
The foundation's assets have fluctuated significantly over time, from a high of $8,849,507 in 201912 to $621,079 in 202312. This suggests an active strategy of distributing funds for its programmatic purposes rather than accumulating large endowments indefinitely.
What is the Heidt Family Foundation's financial stability?
While revenue and expenses have varied, the foundation generally maintains a healthy financial position. For example, in 202312, revenue ($2,934,961) exceeded expenses ($2,783,194). Years with expenses significantly exceeding revenue (e.g., 202212) are likely due to strategic grantmaking from accumulated assets, not operational instability, given the minimal liabilities.
Filing History
IRS 990 filing history for Heidt Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Heidt Family Foundation's revenue has grown by 254.2%, moving from $829K to $2.9M. Total assets increased by 52.8% over the same period, from $407K to $621K. Total functional expenses rose by 553.2%, from $426K to $2.8M. In its most recent filing year (2023), Heidt Family Foundation reported a surplus of $152K, with revenue exceeding expenses. The organization holds $1 in liabilities against $621K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $621K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.8M | $621K | $1 | — | — |
| 2022 | $175K | $3.0M | $2.8M | $1 | — | View 990 |
| 2021 | $750K | $2.2M | $5.6M | $1 | — | View 990 |
| 2020 | $730K | $2.5M | $7.1M | $1 | — | View 990 |
| 2019 | $2.5M | $2.3M | $8.8M | $1 | — | View 990 |
| 2015 | $-246,881 | $739K | $732K | $1 | — | View 990 |
| 2014 | $2.0M | $632K | $1.7M | $1 | — | View 990 |
| 2013 | $566K | $639K | $316K | $1 | — | View 990 |
| 2012 | $342K | $357K | $390K | $650 | — | View 990 |
| 2011 | $829K | $426K | $407K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.8M, and assets of $621K (revenue +1575.4% year-over-year).
- 2022: Revenue of $175K, expenses of $3.0M, and assets of $2.8M (revenue -76.6% year-over-year).
- 2021: Revenue of $750K, expenses of $2.2M, and assets of $5.6M (revenue +2.8% year-over-year).
- 2020: Revenue of $730K, expenses of $2.5M, and assets of $7.1M (revenue -70.7% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.3M, and assets of $8.8M.
- 2015: Revenue of $-246,881, expenses of $739K, and assets of $732K (revenue -112.1% year-over-year).
- 2014: Revenue of $2.0M, expenses of $632K, and assets of $1.7M (revenue +259.5% year-over-year).
- 2013: Revenue of $566K, expenses of $639K, and assets of $316K (revenue +65.2% year-over-year).
- 2012: Revenue of $342K, expenses of $357K, and assets of $390K (revenue -58.7% year-over-year).
- 2011: Revenue of $829K, expenses of $426K, and assets of $407K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heidt Family Foundation:
Data Sources and Methodology
This transparency report for Heidt 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.