John H Harmon Jr And Jane H Harmon Foundation
John H Harmon Jr And Jane H Harmon Foundation reports negative revenue and asset decline in latest fiscal year.
EIN: 205311909 · Wilmington, DE · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $305K |
| Total Expenses | $35K |
| Program Spending | 70% |
| Net Assets | $354K |
| Transparency Score | 60/100 |
Is John H Harmon Jr And Jane H Harmon Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John H Harmon Jr And Jane H Harmon Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About John H Harmon Jr And Jane H Harmon Foundation
John H Harmon Jr And Jane H Harmon Foundation (EIN: 205311909) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T21. The organization reported total revenue of $305K and total assets of $562K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John H Harmon Jr And Jane H Harmon Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John H Harmon Jr And Jane H Harmon Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -800.9% | +49.8% | -12.9% |
| 2022 | -97.9% | +5.3% | -4.9% |
| 2021 | +34.6% | +12.0% | +28.5% |
| 2020 | +295.3% | -0.5% | +25.3% |
| 2019 | -25.2% | +28.7% | +43.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 John H Harmon Jr And Jane H Harmon Foundation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, John H Harmon Jr And Jane H Harmon Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% of expenses across all filings, indicating that no salaries or benefits are paid to officers, which is a positive sign for a foundation of this size.
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 John H Harmon Jr And Jane H Harmon Foundation's IRS 990 filings:
- Negative revenue of $-17,537 in the latest fiscal period (202312), indicating a significant financial challenge.
- Decline in assets from $406,927 in 2022 to $354,440 in 2023, suggesting a reduction in financial capacity.
- Lack of detailed expense breakdown in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for John H Harmon Jr And Jane H Harmon Foundation:
- Consistent reporting of 0% officer compensation across all filings, demonstrating strong financial stewardship regarding executive pay.
- Long-term growth in assets from $133,567 in 2011 to $354,440 in 2023, indicating historical financial accumulation.
- Low reported liabilities ($1 across most periods), suggesting minimal debt burden.
Frequently Asked Questions about John H Harmon Jr And Jane H Harmon Foundation
Is John H Harmon Jr And Jane H Harmon Foundation a legitimate charity?
John H Harmon Jr And Jane H Harmon Foundation (EIN: 205311909) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $305K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does John H Harmon Jr And Jane H Harmon Foundation spend its money?
John H Harmon Jr And Jane H Harmon Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to John H Harmon Jr And Jane H Harmon Foundation tax-deductible?
John H Harmon Jr And Jane H Harmon Foundation is registered as a tax-exempt nonprofit (EIN: 205311909). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of John H Harmon Jr And Jane H Harmon Foundation's spending goes to programs?
John H Harmon Jr And Jane H Harmon Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does John H Harmon Jr And Jane H Harmon Foundation compare to similar nonprofits?
With a transparency score of 60/100 (Good), John H Harmon Jr And Jane H Harmon Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is John H Harmon Jr And Jane H Harmon Foundation located?
John H Harmon Jr And Jane H Harmon Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205311909. It is classified under NTEE code T21.
How many years of IRS 990 filings does John H Harmon Jr And Jane H Harmon Foundation have?
John H Harmon Jr And Jane H Harmon 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 $305K in total revenue.
What caused the negative revenue of $-17,537 in the 202312 period?
The provided data does not specify the cause of the negative revenue. It could be due to investment losses, significant grant returns, or other financial adjustments.
How are the expenses allocated between program services, administration, and fundraising?
The provided IRS 990 data lacks a detailed breakdown of expenses, making it impossible to determine the exact allocation between program services, administration, and fundraising. This information is crucial for assessing spending efficiency.
What is the foundation's strategy to address the recent decline in assets from $406,927 to $354,440?
The provided data does not include strategic plans or explanations for asset fluctuations. A deeper dive into their financial statements would be needed to understand their asset management strategy.
Filing History
IRS 990 filing history for John H Harmon Jr And Jane H Harmon Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), John H Harmon Jr And Jane H Harmon Foundation's revenue has declined by 352.8%, moving from $7K to $-17,537. Total assets increased by 165.4% over the same period, from $134K to $354K. Total functional expenses rose by 230%, from $11K to $35K. The organization holds $1 in liabilities against $354K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $354K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-17,537 | $35K | $354K | $1 | — | View 990 |
| 2022 | $3K | $23K | $407K | $1 | — | View 990 |
| 2021 | $117K | $22K | $428K | $1 | — | View 990 |
| 2020 | $87K | $20K | $333K | $1 | — | View 990 |
| 2019 | $22K | $20K | $266K | $1 | — | View 990 |
| 2015 | $29K | $15K | $186K | $0 | — | View 990 |
| 2014 | $36K | $14K | $172K | $1 | — | View 990 |
| 2013 | $33K | $13K | $150K | $1 | — | View 990 |
| 2012 | $7K | $10K | $131K | $1 | — | View 990 |
| 2011 | $7K | $11K | $134K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-17,537, expenses of $35K, and assets of $354K (revenue -800.9% year-over-year).
- 2022: Revenue of $3K, expenses of $23K, and assets of $407K (revenue -97.9% year-over-year).
- 2021: Revenue of $117K, expenses of $22K, and assets of $428K (revenue +34.6% year-over-year).
- 2020: Revenue of $87K, expenses of $20K, and assets of $333K (revenue +295.3% year-over-year).
- 2019: Revenue of $22K, expenses of $20K, and assets of $266K (revenue -25.2% year-over-year).
- 2015: Revenue of $29K, expenses of $15K, and assets of $186K (revenue -17.1% year-over-year).
- 2014: Revenue of $36K, expenses of $14K, and assets of $172K (revenue +6.3% year-over-year).
- 2013: Revenue of $33K, expenses of $13K, and assets of $150K (revenue +348.3% year-over-year).
- 2012: Revenue of $7K, expenses of $10K, and assets of $131K (revenue +7.4% year-over-year).
- 2011: Revenue of $7K, expenses of $11K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John H Harmon Jr And Jane H Harmon Foundation:
Data Sources and Methodology
This transparency report for John H Harmon Jr And Jane H Harmon 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.