Colin Higgins Foundation

Nonprofit profile at a glance

EIN
954084793
IRS 990-PF coverage
2014–2024
Forms available
Form 990-PF 2024
Location
Sherman Oaks, CA, USA
Phone
8186434165
Rating
84
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$55,515
Expenses
$96,563

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Colin Higgins Foundation is a nonprofit. Location: Sherman Oaks, CA. EIN 954084793. Tax year 2024 Form 990-PF reports $55.5K revenue and $96.6K expenses.

What it reported funding in 2024

The foundation reported 2 grants totaling $51,000. The stated grant purposes included frameline's mission is to change the world through the power of queer cinema. as a media arts non-profit, frameline's programs connect filmmakers and audiences in san francisco and around the world. and the future perfect project amplifies queer young voices, produces and facilitates creative workshops, media projects and live performances of original work created by and about the current generation of lgbtqia+ youth..

Operating model

Revenue model
Donor-supported. 82% of the foundation's positive operating resources came from contributions.
Distribution model
Hybrid. The foundation combined direct charitable work with grants to other organizations or people.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. A relatively small share of spending goes to grants and assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 53
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 32

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 81st percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 52.8%; rating input score 53; 23rd percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 9.09; rating input score 32; 32nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 32th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Cost Efficiency: Grant expense ratio scored 53/100.
  • Moderate — Endowment Health: Endowment-health comparison scored 32/100.