Harlenwood Foundation Inc
Nonprofit profile at a glance
- EIN
- 872774747
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Eagleville, TN, USA
- Phone
- 6154764853
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $137,320
- Expenses
- $163,699
- Assets
- $4,704
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JEREMY S HARRELL (PRESIDENT)
People named in this filing
- JEREMY S HARRELL (PRESIDENT)
- JAMES WILLIAM HUDSON (SECRETARY)
- ROGER M CORLE (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Harlenwood foundation supports charitable efforts that further the best interests of children, families, vulnerable populations, and the community at large. We do this by providing grants only as allowed under section 501(c)(3) of the internal revenue code. Our time and efforts are, and will continue to be, 100% dedicated to this activity. The board of directors (board) has authorized the president to approve and issue grants of up to 10,000. When making these grants, the president is required to inform the board of such distributions in writing. Grants to any individual entity in excess of 10,000 per calendar year in aggregate require prior approval by the board. Grants and other expenditures made by the organization are restricted to only those items allowable under section 501(c)(3) of the internal revenue code. In year 2024, we have issued grants to non-profit organizations in the united states. In the future, we intend to continue making grants to support charitable efforts in the
What it reported doing in 2024
Harlenwood foundation supports charitable efforts that further the best interests of children, families, vulnerable populations, and the community at large.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 13
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.8%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -19.2%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 57.1% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 40.7% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: -11.9% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $160K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Sustainability: Operating margin scored 8/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Growth: Asset growth scored 0/100.