Higher Education Partnership Foundation Inc
Higher Education Partnership Foundation Inc. maintains positive operating margin with no reported officer compensation.
EIN: 202585491 · Montgomery, AL · NTEE: B05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $545K |
| Total Expenses | $257K |
| Program Spending | 85% |
| Net Assets | $47K |
| Transparency Score | 85/100 |
Is Higher Education Partnership Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Higher Education Partnership Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Higher Education Partnership Foundation Inc
Higher Education Partnership Foundation Inc (EIN: 202585491) is a nonprofit organization based in Montgomery, AL, classified under NTEE code B05. The organization reported total revenue of $545K and total assets of $589K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Higher Education Partnership Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Higher Education Partnership Foundation Inc is a small nonprofit that has been operating for 21 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $283K |
| Total Expenses | $257K |
| Surplus / Deficit | +$26K |
| Total Assets | $284K |
| Total Liabilities | $237K |
| Net Assets | $47K |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 83.4% |
| Months of Reserves | 13.3 months |
Financial Health Grade: A
In 2023, Higher Education Partnership Foundation Inc reported a surplus of $26K with revenue exceeding expenses, holds 13.3 months of operating reserves (strong position), has a debt-to-asset ratio of 83.4% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Higher Education Partnership Foundation Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Higher Education Partnership Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.4%.
Executive Compensation Analysis
The 2023 filing indicates 0% officer compensation, suggesting either a volunteer-led organization or that executive compensation is covered by other means not reported as officer compensation, which is unusual for an organization of its size but can indicate a highly efficient or volunteer-driven model.
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 Higher Education Partnership Foundation Inc's IRS 990 filings:
- Only one IRS 990 filing available, limiting long-term trend analysis.
Strengths
The following positive indicators were identified for Higher Education Partnership Foundation Inc:
- Positive operating margin in the 2023 filing ($282,872 revenue vs. $256,929 expenses).
- No reported officer compensation in the 2023 filing, indicating efficient use of funds.
- Healthy asset base relative to liabilities ($284,458 assets vs. $237,208 liabilities in 2023).
- Clear mission alignment with NTEE code B05 (Higher Education Institutions).
Frequently Asked Questions about Higher Education Partnership Foundation Inc
Is Higher Education Partnership Foundation Inc a legitimate charity?
Higher Education Partnership Foundation Inc (EIN: 202585491) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. Total revenue: $545K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Higher Education Partnership Foundation Inc spend its money?
Higher Education Partnership Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Higher Education Partnership Foundation Inc tax-deductible?
Higher Education Partnership Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202585491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Higher Education Partnership Foundation Inc's spending goes to programs?
Higher Education Partnership Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Higher Education Partnership Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Higher Education Partnership Foundation Inc is above average for NTEE category B05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Higher Education Partnership Foundation Inc located?
Higher Education Partnership Foundation Inc is headquartered in Montgomery, Alabama and files with the IRS under EIN 202585491. It is classified under NTEE code B05.
Is Higher Education Partnership Foundation Inc. a good charity?
Based on the available data, the foundation appears to be a good charity. It maintains a positive operating margin, has a reasonable asset-to-liability ratio, and reports no officer compensation, which suggests a strong focus on its mission and efficient use of funds. The NTEE code B05 (Higher Education Institutions) aligns with its name, indicating a clear mission focus.
How does the organization manage its administrative costs?
The absence of reported officer compensation in the 2023 filing suggests very low administrative costs, potentially indicating a volunteer-driven leadership or highly efficient operational structure. This contributes to a higher proportion of funds being available for program services.
Filing History
IRS 990 filing history for Higher Education Partnership Foundation Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Higher Education Partnership Foundation Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $237K in liabilities against $284K in assets (debt-to-asset ratio: 83.4%), resulting in net assets of $47K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $283K | $257K | $284K | $237K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Higher Education Partnership Foundation Inc:
Data Sources and Methodology
This transparency report for Higher Education Partnership Foundation Inc 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.