Is Baft Inc Legit?

Spending Breakdown

How Baft Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Baft Inc

Is Baft Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Baft Inc (EIN: 113642835) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

Is Baft Inc a good charity to donate to?

Baft Inc has a Mission Score of 85/100. Revenue: $5.0M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Baft Inc?

The Employer Identification Number (EIN) for Baft Inc is 113642835. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Baft Inc spend its money?

Baft Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Baft Inc's tax-exempt status?

You can verify Baft Inc's tax-exempt status using EIN 113642835 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Baft Inc. demonstrates a fluctuating financial health over the past decade, with recent filings showing a positive trend in net assets. In 2023, the organization reported revenue of $4,717,556 against expenses of $3,874,664, resulting in a surplus that significantly boosted its assets to $1,270,229 from a much lower $201,675 in 2022. This marks a substantial improvement after several years of operating near break-even or with deficits, such as in 2022 where expenses slightly exceeded revenue ($3,792,776 vs $3,784,050).

The organization's spending efficiency appears to be reasonable, though specific program spending ratios are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the organization's mission rather than executive salaries. This practice enhances both spending efficiency and transparency, as it indicates that leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which would warrant further investigation for complete transparency.

Overall, Baft Inc. exhibits a positive trajectory in its financial stability, particularly with the significant increase in assets in the latest period. The consistent zero officer compensation is a notable strength for transparency and efficiency. To fully assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be necessary, but the available data points to a financially responsible operation.

Verdict: Baft Inc appears trustworthy

Red Flags

Strengths