Is Barker Dangerfield Wealthmanagement Foundation Legit?
Quick charity verification for Barker Dangerfield Wealthmanagement Foundation (EIN: 207024792)
Verdict: Barker Dangerfield Wealthmanagement Foundation appears trustworthy
85/100Mission Score
$724KRevenue
$1.3MAssets
2Red Flags
5Strengths
Red Flags
Highly variable and sometimes negative revenue, which could indicate reliance on volatile investment income.
Lack of detailed program spending breakdown in the provided summary data, making it hard to assess direct impact.
Strengths
Consistent asset base over $1 million, indicating financial stability.
Zero reported liabilities across all filings, demonstrating strong financial health.
No officer compensation reported, suggesting efficient use of funds and volunteer leadership.
Very low operational expenses relative to assets, indicating a lean administrative structure.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Spending Breakdown
How Barker Dangerfield Wealthmanagement Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Barker Dangerfield Wealthmanagement Foundation
Is Barker Dangerfield Wealthmanagement Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Barker Dangerfield Wealthmanagement Foundation (EIN: 207024792) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Barker Dangerfield Wealthmanagement Foundation a good charity to donate to?
Barker Dangerfield Wealthmanagement Foundation has a Mission Score of 85/100. Revenue: $724K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Barker Dangerfield Wealthmanagement Foundation?
The Employer Identification Number (EIN) for Barker Dangerfield Wealthmanagement Foundation is 207024792. 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 Barker Dangerfield Wealthmanagement Foundation spend its money?
Barker Dangerfield Wealthmanagement Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Barker Dangerfield Wealthmanagement Foundation's tax-exempt status?
You can verify Barker Dangerfield Wealthmanagement Foundation's tax-exempt status using EIN 207024792 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 Barker Dangerfield Wealthmanagement Foundation exhibits a unique financial profile, primarily functioning as a grant-making private foundation as indicated by its NTEE code T11. Its financial health appears stable with consistent assets, reaching $1,348,604 in 2023, and no reported liabilities across all filings, suggesting strong financial solvency. However, the organization's revenue generation is highly variable, including negative revenue years like -$19,186 in 2022 and -$6,771 in 2017, which is unusual for a typical public charity but can occur in private foundations due to investment losses or specific accounting treatments.
Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not explicitly provided in the summary data. Given the very low reported expenses relative to assets and revenue (e.g., $2,552 in expenses against $24,606 revenue in 2023), it suggests that the foundation primarily holds and distributes funds rather than incurring significant operational costs. The consistent zero officer compensation across all filings indicates a volunteer-led or very lean operational structure, contributing to low administrative overhead.
Transparency appears adequate based on the consistent filing of IRS Form 990s over 13 periods. The absence of officer compensation is a positive indicator for donor confidence regarding executive pay. However, without a more granular breakdown of how the minimal expenses are allocated between program services, administration, and fundraising, a complete picture of spending efficiency and program impact remains somewhat obscured. The foundation's primary function as a grant-maker means its 'program spending' would largely be its grants paid, which isn't detailed here.