The Harold B & Dorothy A Snyder Foundation
Snyder Foundation: Strong Assets, Inconsistent Revenue, and High Program Spending
EIN: 222316043 · Westminster, MD · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $734K |
| Program Spending | 90% |
| Net Assets | $12.1M |
| Transparency Score | 85/100 |
Is The Harold B & Dorothy A Snyder Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Harold B & Dorothy A Snyder Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Harold B & Dorothy A Snyder Foundation
The Harold B & Dorothy A Snyder Foundation (EIN: 222316043) is a nonprofit organization based in Westminster, MD. The organization reported total revenue of $1.6M and total assets of $15.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Harold B & Dorothy A Snyder Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Harold B & Dorothy A Snyder Foundation is a mid-size nonprofit that has been operating for 45 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $641K |
| Total Expenses | $734K |
| Surplus / Deficit | $-92,989 |
| Total Assets | $12.4M |
| Total Liabilities | $367K |
| Net Assets | $12.1M |
| Operating Margin | -14.5% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 203.4 months |
Financial Health Grade: B
In 2023, The Harold B & Dorothy A Snyder Foundation reported a deficit of $93K with expenses exceeding revenue, holds 203.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Harold B & Dorothy A Snyder Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.3% | -12.7% | +8.5% |
| 2022 | +39.2% | -13.3% | -21.5% |
| 2021 | +79.0% | +5.2% | +13.7% |
| 2020 | -14.5% | -4.3% | +4.4% |
| 2019 | -45.0% | +219.5% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1981 |
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 The Harold B & Dorothy A Snyder Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, The Harold B & Dorothy A Snyder Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:
- The organization reported a deficit of $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
Executive compensation is not reported on the 990-PF filings as the foundation does not have paid employees, which is common for private foundations 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 The Harold B & Dorothy A Snyder Foundation's IRS 990 filings:
- Revenue has been highly inconsistent, fluctuating from $537,462 in 2014 to $1,901,487 in 2022, making future funding less predictable.
- The foundation's net assets decreased from $14,608,353 in 2021 to $12,440,286 in 2023, a notable decline over two years.
Strengths
The following positive indicators were identified for The Harold B & Dorothy A Snyder Foundation:
- Consistently high percentage of expenses dedicated to programs (around 90% or more), demonstrating a strong commitment to its mission.
- Maintains substantial assets, with over $12 million in 2023, providing a solid financial base for future operations.
- Low administrative and fundraising costs, indicating efficient operations.
- No reported lobbying expenses, ensuring funds are directed solely to charitable activities.
Frequently Asked Questions about The Harold B & Dorothy A Snyder Foundation
Is The Harold B & Dorothy A Snyder Foundation a legitimate charity?
The Harold B & Dorothy A Snyder Foundation (EIN: 222316043) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Harold B & Dorothy A Snyder Foundation spend its money?
The Harold B & Dorothy A Snyder Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Harold B & Dorothy A Snyder Foundation tax-deductible?
The Harold B & Dorothy A Snyder Foundation is registered as a tax-exempt nonprofit (EIN: 222316043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Harold B & Dorothy A Snyder Foundation's spending goes to programs?
The Harold B & Dorothy A Snyder Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Harold B & Dorothy A Snyder Foundation located?
The Harold B & Dorothy A Snyder Foundation is headquartered in Westminster, Maryland and files with the IRS under EIN 222316043.
How many years of IRS 990 filings does The Harold B & Dorothy A Snyder Foundation have?
The Harold B & Dorothy A Snyder 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 $1.6M in total revenue.
What does The Harold B & Dorothy A Snyder Foundation do?
The Harold B & Dorothy A Snyder Foundation is a nonprofit organization in the Unknown sector, located in Westminster, Maryland. It is classified under NTEE code Unknown.
How much revenue does The Harold B & Dorothy A Snyder Foundation have?
The Harold B & Dorothy A Snyder Foundation reported total revenue of $1,576,412. Based on 10 IRS 990 filings on record.
What are The Harold B & Dorothy A Snyder Foundation's total assets?
The Harold B & Dorothy A Snyder Foundation holds total assets of $15,436,458 as reported in IRS 990 filings.
Where is The Harold B & Dorothy A Snyder Foundation located?
The Harold B & Dorothy A Snyder Foundation is based in Westminster, Maryland.
What is The Harold B & Dorothy A Snyder Foundation's EIN?
The Harold B & Dorothy A Snyder Foundation's Employer Identification Number (EIN) is 222316043. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Harold B & Dorothy A Snyder Foundation?
The Harold B & Dorothy A Snyder Foundation is classified under NTEE code Unknown (Unknown).
Is The Harold B & Dorothy A Snyder Foundation a registered 501(c)(3)?
The Harold B & Dorothy A Snyder Foundation appears in IRS records (EIN: 222316043). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Harold B & Dorothy A Snyder Foundation file IRS Form 990?
Yes, The Harold B & Dorothy A Snyder Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was The Harold B & Dorothy A Snyder Foundation's revenue in 2023?
In the 202309 filing period, The Harold B & Dorothy A Snyder Foundation reported total revenue of $640,844, total expenses of $733,833, and net assets of $12,440,286.
Is The Harold B & Dorothy A Snyder Foundation's revenue growing or declining?
The Harold B & Dorothy A Snyder Foundation's revenue is declining. Revenue went from $1,901,487 (202209) to $640,844 (202309), a -66.3% change. Based on 10 filings on record.
What is The Harold B & Dorothy A Snyder Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for The Harold B & Dorothy A Snyder Foundation covers tax period 202309. It shows revenue of $640,844, expenses of $733,833, total assets of $12,440,286, and liabilities of $367,314.
How much does The Harold B & Dorothy A Snyder Foundation spend on programs vs administration?
Based on IRS 990 analysis, The Harold B & Dorothy A Snyder Foundation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is The Harold B & Dorothy A Snyder Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, The Harold B & Dorothy A Snyder Foundation appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for The Harold B & Dorothy A Snyder Foundation?
The following concerns were identified: Revenue has been highly inconsistent, fluctuating from $537,462 in 2014 to $1,901,487 in 2022, making future funding less predictable.. The foundation's net assets decreased from $14,608,353 in 2021 to $12,440,286 in 2023, a notable decline over two years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Harold B & Dorothy A Snyder Foundation's strengths?
Positive indicators for The Harold B & Dorothy A Snyder Foundation include: Consistently high percentage of expenses dedicated to programs (around 90% or more), demonstrating a strong commitment to its mission.. Maintains substantial assets, with over $12 million in 2023, providing a solid financial base for future operations.. Low administrative and fundraising costs, indicating efficient operations.. No reported lobbying expenses, ensuring funds are directed solely to charitable activities.. These findings are derived from AI analysis of the organization's financial filings.
How does The Harold B & Dorothy A Snyder Foundation compensate executives?
Executive compensation is not reported on the 990-PF filings as the foundation does not have paid employees, which is common for private foundations of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant fluctuation in revenue and the recent decline in net assets, what is the foundation's strategy for ensuring long-term financial stability and consistent grantmaking capacity?
While the 990-PF filings show these trends, they do not explicitly detail the foundation's strategy for managing revenue volatility or asset depreciation. This would typically involve investment strategies and potentially diversifying funding sources, though private foundations often rely on endowment returns.
How does the foundation ensure its grantmaking remains impactful and aligned with its mission, especially without paid staff or a detailed program strategy outlined in public filings?
The foundation's 990-PF lists grant recipients, which provides insight into its focus areas. For private foundations without staff, trustees often directly manage grant decisions based on the foundation's charter and their understanding of community needs, relying on the due diligence of the recipient organizations.
Filing History
IRS 990 filing history for The Harold B & Dorothy A Snyder Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Harold B & Dorothy A Snyder Foundation's revenue has grown by 50.8%, moving from $425K to $641K. Total assets increased by 53.7% over the same period, from $8.1M to $12.4M. Total functional expenses rose by 32.2%, from $555K to $734K. In its most recent filing year (2023), The Harold B & Dorothy A Snyder Foundation reported a deficit of $93K, with expenses exceeding revenue. The organization holds $367K in liabilities against $12.4M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $12.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $641K | $734K | $12.4M | $367K | — | View 990 |
| 2022 | $1.9M | $840K | $11.5M | $340K | — | View 990 |
| 2021 | $1.4M | $969K | $14.6M | $355K | — | View 990 |
| 2020 | $763K | $921K | $12.8M | $334K | — | — |
| 2019 | $893K | $963K | $12.3M | $334K | — | View 990 |
| 2015 | $1.6M | $301K | $10.4M | $384K | — | View 990 |
| 2014 | $537K | $468K | $8.3M | $455K | — | View 990 |
| 2013 | $857K | $1.1M | $8.3M | $526K | — | View 990 |
| 2012 | $560K | $286K | $8.1M | $140K | — | View 990 |
| 2011 | $425K | $555K | $8.1M | $405K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $641K, expenses of $734K, and assets of $12.4M (revenue -66.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $840K, and assets of $11.5M (revenue +39.2% year-over-year).
- 2021: Revenue of $1.4M, expenses of $969K, and assets of $14.6M (revenue +79.0% year-over-year).
- 2020: Revenue of $763K, expenses of $921K, and assets of $12.8M (revenue -14.5% year-over-year).
- 2019: Revenue of $893K, expenses of $963K, and assets of $12.3M (revenue -45.0% year-over-year).
- 2015: Revenue of $1.6M, expenses of $301K, and assets of $10.4M (revenue +202.2% year-over-year).
- 2014: Revenue of $537K, expenses of $468K, and assets of $8.3M (revenue -37.3% year-over-year).
- 2013: Revenue of $857K, expenses of $1.1M, and assets of $8.3M (revenue +53.0% year-over-year).
- 2012: Revenue of $560K, expenses of $286K, and assets of $8.1M (revenue +31.7% year-over-year).
- 2011: Revenue of $425K, expenses of $555K, and assets of $8.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Harold B & Dorothy A Snyder Foundation:
Data Sources and Methodology
This transparency report for The Harold B & Dorothy A Snyder 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.