Hardmanalb Coll

Nonprofit profile at a glance

EIN
236642050
IRS 990-PF coverage
2010–2011
Forms available
Form 990-PF 2011
Location
Charlotte, NC, USA
Phone
6106078089
Rating
28
Verdict
REVIEW
Rating confidence
Moderate
Sector
Higher Education Institutions

Reported finances

Revenue
$6,251
Expenses
$2,979

Source: IRS Form 990-PF. Selected filing: tax year 2011. Amounts in USD.

Overview

Mission

Higher Education Institutions

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 99% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

REVIEW - A large share of spending goes to grants. The filing does not identify all grant recipients.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 91
  • Transparency: 0
  • Compliance: 50
  • Endowment Health: NotEnoughData

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 90.9%; rating input score 91; 70th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Scored; rating input score 0

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 4; rating input score 100

Endowment Health

  • Endowment-health comparison: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Investments: Filed investments detail
  • Consistency: 4 of 4 current checks pass
  • Filing history: 2 filing years from 2010 to 2011
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

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

  • High — Transparency: Grant recipient disclosure scored 0/100.