Consistent filing of IRS Form 990s, indicating good transparency and compliance.
Positive net income in the latest filing period (2023: Revenue $801,474 vs. Expenses $413,000).
Spending Breakdown
How Barer Family Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Barer Family Foundation Inc
Is Barer Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Barer Family Foundation Inc (EIN: 203972085) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Barer Family Foundation Inc a good charity to donate to?
Barer Family Foundation Inc has a Mission Score of 85/100. Revenue: $980K. Assets: $264K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Barer Family Foundation Inc?
The Employer Identification Number (EIN) for Barer Family Foundation Inc is 203972085. 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 Barer Family Foundation Inc spend its money?
Barer Family Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Barer Family Foundation Inc's tax-exempt status?
You can verify Barer Family Foundation Inc's tax-exempt status using EIN 203972085 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 Barer Family Foundation Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the organization's overall expenses have fluctuated significantly over the years, from a low of $140,774 in 2011 to a high of $1,033,459 in 2020. The foundation's revenue has also shown considerable variability, peaking at over $2.1 million in 2019 and dropping to as low as $1 in earlier periods, suggesting a reliance on large, infrequent contributions or investment income. The foundation maintains minimal liabilities, consistently reported as $1, indicating a strong balance sheet with respect to debt.
Financial health appears stable, with assets generally exceeding annual expenses, though there was a notable decrease in assets from $1,000,586 in 2019 to $263,885 currently. The foundation's latest revenue of $979,989 and expenses of $413,000 in 2023 suggest a healthy surplus for the year. The absence of officer compensation reported across all filings is a positive indicator of efficiency and a focus on mission-related spending, as it means no funds are being diverted to executive salaries.
Transparency is generally good given the consistent filing of IRS Form 990s. However, without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data, a complete assessment of spending efficiency is challenging. The consistent reporting of zero officer compensation enhances trust and suggests that the foundation's resources are primarily directed towards its charitable purpose.