Quick charity verification for Bahnik Foundation Inc (EIN: 113216930)
Verdict: Bahnik Foundation Inc appears trustworthy
85/100Mission Score
$24.5MRevenue
$82.0MAssets
3Red Flags
4Strengths
Red Flags
Unknown NTEE code makes mission assessment difficult
Very low expense ratio relative to revenue and assets, raising questions about direct program spending vs. asset accumulation
Consistent zero officer compensation for an organization with over $81 million in assets is unusual and warrants further inquiry into operational structure.
Strengths
Strong financial health with consistent revenue generation and asset growth, reaching $81,010,907 in 202404.
Extremely low liabilities, consistently reported as $1 or $0, indicating strong financial stability.
Zero reported officer compensation across all filings, suggesting a commitment to minimizing executive overhead.
High revenue retention, with expenses significantly lower than revenue, particularly in the 202404 period ($43,444,242 revenue vs. $3,533,089 expenses).
Spending Breakdown
How Bahnik Foundation 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
5%
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 Bahnik Foundation Inc
Is Bahnik Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bahnik Foundation Inc (EIN: 113216930) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Bahnik Foundation Inc a good charity to donate to?
Bahnik Foundation Inc has a Mission Score of 85/100. Revenue: $24.5M. Assets: $82.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bahnik Foundation Inc?
The Employer Identification Number (EIN) for Bahnik Foundation Inc is 113216930. 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 Bahnik Foundation Inc spend its money?
Bahnik Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bahnik Foundation Inc's tax-exempt status?
You can verify Bahnik Foundation Inc's tax-exempt status using EIN 113216930 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
The Bahnik Foundation Inc. demonstrates strong financial health, particularly in its asset growth and revenue generation. In the 202404 period, the organization reported a substantial revenue of $43,444,242 against expenses of $3,533,089, leading to a significant increase in assets to $81,010,907. This trend of revenue exceeding expenses is consistent across multiple years, indicating effective financial management and accumulation of resources. The foundation's liabilities have consistently been reported as minimal ($1 or $0), suggesting a very low debt burden and strong financial stability.
The organization's spending efficiency appears to be very high, with expenses consistently representing a small fraction of its revenue, especially in recent years. For instance, in 202404, expenses were only about 8% of revenue. This suggests that a large portion of its income is either being reinvested or added to its endowment, rather than being immediately spent. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess the efficiency of its program delivery versus overhead. The consistent reporting of zero officer compensation across all filings indicates a commitment to minimizing administrative costs at the executive level, which is a positive sign for transparency and donor confidence.
Transparency is generally good, with consistent annual filings available. The absence of officer compensation is a notable positive indicator. However, the lack of a specified NTEE code makes it difficult to understand the specific programmatic focus and compare its financial metrics against peer organizations in a similar mission area. Further detail on how the substantial assets are being utilized to achieve its mission would enhance overall transparency.