Jean & Thomas Harbeck Family Foundation Inc

Jean & Thomas Harbeck Family Foundation maintains low liabilities and zero officer compensation amidst fluctuating revenues and growing assets.

EIN: 113690360 · Hartland, WI · NTEE: T20 · Updated: 2026-03-28

$2.1MRevenue
$1.8MAssets
85/100Mission Score (Excellent)
T20

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Jean & Thomas Harbeck Family Foundation Inc Financial Summary
MetricValue
Total Revenue$2.1M
Total Expenses$55K
Program Spending90%
Net Assets$731K
Transparency Score85/100

Search Intent Cockpit

Jean & Thomas Harbeck Family Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Jean & Thomas Harbeck Family Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Jean & Thomas Harbeck Family Foundation Inc in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $52K and expenses of $55K.

Revenue and Expenses

Jean & Thomas Harbeck Family Foundation Inc reported $52K in revenue and $55K in expenses, a deficit of $3K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Jean & Thomas Harbeck Family Foundation Inc 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 →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Jean & Thomas Harbeck Family Foundation Inc Expense Deployment
Program services$50K (90%)

Across stored filings, Jean & Thomas Harbeck Family Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Jean & Thomas Harbeck Family Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade B10 stored filing years
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Jean & Thomas Harbeck Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Jean & Thomas Harbeck Family Foundation Inc

Jean & Thomas Harbeck Family Foundation Inc (EIN: 113690360) is a nonprofit organization based in Hartland, WI, classified under NTEE code T20. The organization reported total revenue of $2.1M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jean & Thomas Harbeck Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

23Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Jean & Thomas Harbeck Family Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$52K
Total Expenses$55K
Surplus / Deficit$-2,880
Total Assets$731K
Total Liabilities$1
Net Assets$731K
Operating Margin-5.5%
Debt-to-Asset Ratio0.0%
Months of Reserves159.1 months

Financial Health Grade: B

In 2023, Jean & Thomas Harbeck Family Foundation Inc reported a deficit of $3K with expenses exceeding revenue, holds 159.1 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), Jean & Thomas Harbeck Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+5.3%+12.4%-0.4%
2022+570.9%+6.1%+0.1%
2021-99.0%-19.8%-5.0%
2020+660.3%+3.4%+1004.9%
2019+149.8%+13.8%+49.1%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2003

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

AI Transparency Report

The Jean & Thomas Harbeck Family Foundation Inc operates as a private foundation, which is reflected in its financial activities. Over the past decade, the foundation has consistently reported minimal liabilities ($1), indicating a strong balance sheet and responsible financial management in terms of debt. Programmatic spending, while not explicitly detailed in the provided summary, is the primary function of a private foundation, typically through grants. The foundation's revenue has fluctuated significantly, with a notable spike in 2020 ($760,337) and a more recent high in 2019 ($100,000), contrasting with lower figures in other years, such as $7,400 in 2021. Expenses have remained relatively stable, generally in the $45,000-$55,000 range annually, suggesting consistent operational costs regardless of revenue fluctuations. The absence of officer compensation further enhances its financial efficiency and transparency, as resources are not diverted to executive salaries. Given its structure as a family foundation, its transparency is generally good, as private foundations are subject to specific IRS reporting requirements. The consistent low liabilities and zero officer compensation are positive indicators of financial health and a focus on its charitable purpose. The foundation's assets have grown substantially over the years, from $38,590 in 2011 to $731,418 in 2023, demonstrating effective asset management and growth, which is crucial for a foundation's long-term sustainability and grant-making capacity. The latest reported assets of $1,765,797 further solidify its financial strength, indicating a significant endowment to support its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Jean & Thomas Harbeck Family 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: 90%
  • fundraising: 0%

According to IRS 990 filings, Jean & Thomas Harbeck Family Foundation Inc 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:

$52KTotal Revenue
$55KTotal Expenses
$731KTotal Assets
$1Total Liabilities
$731KNet Assets
  • The organization reported a deficit of $3K, with expenses exceeding revenue.
  • 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. This is a strong positive for financial efficiency, as all operational expenses are directed towards administrative and programmatic activities rather than executive salaries.

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 Jean & Thomas Harbeck Family Foundation Inc's IRS 990 filings:

  • Lack of detailed program spending breakdown in summary data

Strengths

The following positive indicators were identified for Jean & Thomas Harbeck Family Foundation Inc:

  • Zero officer compensation, indicating high efficiency in resource allocation.
  • Consistently low liabilities ($1), demonstrating strong financial stability.
  • Significant growth in assets from $38,590 in 2011 to $1,765,797 currently, enhancing long-term capacity.
  • Stable expense levels, suggesting predictable operational costs.

Frequently Asked Questions about Jean & Thomas Harbeck Family Foundation Inc

Is Jean & Thomas Harbeck Family Foundation Inc a legitimate charity?

Jean & Thomas Harbeck Family Foundation Inc (EIN: 113690360) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Jean & Thomas Harbeck Family Foundation Inc spend its money?

Jean & Thomas Harbeck Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Jean & Thomas Harbeck Family Foundation Inc tax-deductible?

Jean & Thomas Harbeck Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113690360). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Jean & Thomas Harbeck Family Foundation Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Jean & Thomas Harbeck Family Foundation Inc 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 Jean & Thomas Harbeck Family Foundation Inc located?

Jean & Thomas Harbeck Family Foundation Inc is headquartered in Hartland, Wisconsin and files with the IRS under EIN 113690360. It is classified under NTEE code T20.

How many years of IRS 990 filings does Jean & Thomas Harbeck Family Foundation Inc have?

Jean & Thomas Harbeck Family Foundation Inc 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 $2.1M in total revenue.

What is the primary focus of the grants made by the Jean & Thomas Harbeck Family Foundation?

As a private foundation (NTEE Code T20), its primary focus is typically grant-making. The specific beneficiaries or areas of focus would require reviewing the grants schedule (Schedule I) of its Form 990-PF filings, which is not provided in this summary.

How does the foundation manage its assets to ensure long-term sustainability?

The foundation's assets have grown significantly from $38,590 in 2011 to $731,418 in 2023, and most recently to $1,765,797. This growth suggests effective investment strategies, which are crucial for a private foundation to maintain its endowment and continue its grant-making activities over the long term.

What caused the significant revenue spike in 2020 ($760,337) compared to other years?

The provided data does not specify the source of revenue. This spike could be due to a large donation, investment gains, or a specific fundraising event. Further detail would be available in the revenue section of the 2020 Form 990-PF.

Filing History

IRS 990 filing history for Jean & Thomas Harbeck Family Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Jean & Thomas Harbeck Family Foundation Inc's revenue has grown by 4.5%, moving from $50K to $52K. Total assets increased by 1795.4% over the same period, from $39K to $731K. Total functional expenses rose by 8.6%, from $51K to $55K. In its most recent filing year (2023), Jean & Thomas Harbeck Family Foundation Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $731K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $731K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $52K $55K $731K $1
2022 $50K $49K $734K $1 View 990
2021 $7K $46K $734K $1 View 990
2020 $760K $58K $773K $1
2019 $100K $56K $70K $1 View 990
2015 $40K $49K $47K $1 View 990
2014 $50K $27K $56K $1 View 990
2013 $50K $52K $33K $1 View 990
2012 $45K $49K $35K $1 View 990
2011 $50K $51K $39K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $52K, expenses of $55K, and assets of $731K (revenue +5.3% year-over-year).
  • 2022: Revenue of $50K, expenses of $49K, and assets of $734K (revenue +570.9% year-over-year).
  • 2021: Revenue of $7K, expenses of $46K, and assets of $734K (revenue -99.0% year-over-year).
  • 2020: Revenue of $760K, expenses of $58K, and assets of $773K (revenue +660.3% year-over-year).
  • 2019: Revenue of $100K, expenses of $56K, and assets of $70K (revenue +149.8% year-over-year).
  • 2015: Revenue of $40K, expenses of $49K, and assets of $47K (revenue -20.0% year-over-year).
  • 2014: Revenue of $50K, expenses of $27K, and assets of $56K (revenue +0.1% year-over-year).
  • 2013: Revenue of $50K, expenses of $52K, and assets of $33K (revenue +11.1% year-over-year).
  • 2012: Revenue of $45K, expenses of $49K, and assets of $35K (revenue -10.0% year-over-year).
  • 2011: Revenue of $50K, expenses of $51K, and assets of $39K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Jean & Thomas Harbeck Family Foundation Inc:

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 Jean & Thomas Harbeck Family 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.

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