Herby Family Foundation
EIN: 814646730 · Charles City, IA · NTEE: T20
Is Herby Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Herby Family Foundation
Herby Family Foundation (EIN: 814646730) is a nonprofit organization based in Charles City, IA, classified under NTEE code T20. The organization reported total revenue of $54K and total assets of $353K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Herby Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Herby Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Herby Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Herby Family Foundation
Is Herby Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Herby Family Foundation (EIN: 814646730) insufficient data. 0 red flags identified, 0 strengths noted.
How does Herby Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Herby Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Herby Family Foundation tax-deductible?
Herby Family Foundation is registered as a tax-exempt nonprofit (EIN: 814646730). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Herby Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Herby Family Foundation's revenue has declined by 50.3%, moving from $33K to $16K. Total assets decreased by 21.6% over the same period, from $453K to $355K. Total functional expenses fell by 25%, from $35K to $26K. In its most recent filing year (2023), Herby Family Foundation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1 in liabilities against $355K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $355K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $26K | $355K | $1 | — | — |
| 2022 | $15K | $47K | $365K | $1 | — | View 990 |
| 2021 | $54K | $91K | $397K | $1 | — | — |
| 2020 | $15K | $33K | $434K | $1 | — | — |
| 2019 | $33K | $35K | $453K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $26K, and assets of $355K (revenue +12.1% year-over-year).
- 2022: Revenue of $15K, expenses of $47K, and assets of $365K (revenue -72.8% year-over-year).
- 2021: Revenue of $54K, expenses of $91K, and assets of $397K (revenue +269.5% year-over-year).
- 2020: Revenue of $15K, expenses of $33K, and assets of $434K (revenue -55.9% year-over-year).
- 2019: Revenue of $33K, expenses of $35K, and assets of $453K.
Data Sources and Methodology
This transparency report for Herby 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.