Nonprofit screen
Screen a listHoratio Alger Endowment Fund
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Supporting organization, type not stated
$14Mrevenue
FY2024 · −76% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−17.3%
Months of reserve26.8mo
Revenue growth (annualized)−15.1%
Middle half of peersMedianHoratio Alger Endowment
Where the money goes FY2024 · $16M spent
Programs$14M88%Management and general$2.0M12%Fundraising$12k0%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$2.9M in FY2023 and −$2.4M in FY2024. Cash covers 26.8 months, above the peer median of 3.3.
990 Part I and balance sheetIn its favor1
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI8funders
$166ka year, last 3 years
87%from its largest funder
Funder’17’18’19’20’21’22’23Chris T Sullivan Foundation IncOn and off$434kHarvey and Carol Massey Foundation IncStopped after FY2018$100k$100k–JP's Peace Love & Happiness FoundationOn and off$10kHendrick Family FoundationNew in FY2023$10kMills Family Foundation IncOn and off$10kThe Ruvo Family FoundationOn and off$10kDonor-advised giftsDonors not disclosed$25k
FundedThrough a donor-advised fundStopped