Harold H Bate Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Harold H Bate Foundation Inc is a 501(c)(3) organization based in New Bern, North Carolina, registered in 1999, with $1,812,458 in FY2024 revenue. CharityIndex grades it C+.
Po Box 14298, New Bern, NC, 28561 EIN 56-2121302 Since 1999
Revenue (FY2024)
$1.8M
▲ 45.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2.0M
Net assets
$25.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Harold H Bate Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating152 mo reserves · -11% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Harold H Bate Foundation Inc: 152 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Harold H Bate Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Harold H Bate Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 14298, New Bern, NC, 28561
- City
- New Bern
- State
- North Carolina
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue grew from $1.6M (FY2013) to $1.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $25.6M
Operating margin
-11.0%
Spent more than it raised in the latest fiscal year.
Total assets
$25.6M
Total liabilities
$0
Net assets
$25.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,812,458▲45.3% | $2,012,345▼26.4% | $25,561,959▼0.8% | $25,561,959▼0.8% | 990PF |
| 2023 | $1,247,023▲51.5% | $2,733,187▲40.7% | $25,761,846▼5.5% | $25,765,281▼5.5% | 990PF |
| 2022 | $822,983▼76.1% | $1,942,904▼11.9% | $27,248,010▼3.9% | $27,250,641▼3.9% | 990PF |
| 2021 | $3,446,058▲179% | $2,205,863▲16.2% | $28,367,931▲4.6% | $28,370,116▲4.6% | 990PF |
| 2020 | $1,235,547▼28.7% | $1,898,050▲0.9% | $27,127,736▼2.4% | $27,129,927▼2.4% | 990PF |
| 2019 | $1,733,917▲33.5% | $1,881,028▼4.9% | $27,790,239▼0.5% | $27,791,694▼0.6% | 990PF |
| 2018 | $1,298,367▼43.3% | $1,978,550▲1.0% | $27,937,350▼2.4% | $27,948,825▼2.5% | 990PF |
| 2017 | $2,288,210▲407% | $1,958,096▼1.1% | $28,617,533▲1.2% | $28,657,852▲0.8% | 990PF |
| 2016 | $451,680▼56.9% | $1,979,109▲0.4% | $28,287,419▼5.1% | $28,426,321▼4.8% | 990PF |
| 2015 | $1,048,403▼61.6% | $1,971,389▲7.6% | $29,814,848▼3.0% | $29,866,368▼3.0% | 990PF |
| 2014 | $2,730,695▲76.1% | $1,831,554▼7.6% | $30,737,834▲3.0% | $30,803,844▲3.2% | 990PF |
| 2013 | $1,550,530 | $1,982,729 | $29,838,693 | $29,853,088 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Harold H Bate Foundation Inc a legitimate nonprofit?
- Yes. Harold H Bate Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2121302, based in New Bern, North Carolina. Donations are tax-deductible.
- What is Harold H Bate Foundation Inc's EIN?
- Harold H Bate Foundation Inc's Employer Identification Number (EIN) is 56-2121302.
- How much revenue does Harold H Bate Foundation Inc report?
- Harold H Bate Foundation Inc reported $1,812,458 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Harold H Bate Foundation Inc have?
- CharityIndex grades Harold H Bate Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Harold H Bate Foundation Inc (EIN 56-2121302) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.