Regularly files IRS Form 990s, demonstrating commitment to transparency.
Spending Breakdown
How Barriocare Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Barriocare Foundation Inc
Is Barriocare Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Barriocare Foundation Inc (EIN: 161538738) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Barriocare Foundation Inc a good charity to donate to?
Barriocare Foundation Inc has a Mission Score of 75/100. Revenue: $37K. Assets: $332K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Barriocare Foundation Inc?
The Employer Identification Number (EIN) for Barriocare Foundation Inc is 161538738. 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 Barriocare Foundation Inc spend its money?
Barriocare Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Barriocare Foundation Inc's tax-exempt status?
You can verify Barriocare Foundation Inc's tax-exempt status using EIN 161538738 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
Barriocare Foundation Inc. demonstrates a mixed financial picture. While the organization has shown significant asset growth over the past decade, from $120,790 in 2011 to $331,841 currently, its revenue has been highly volatile, peaking at $201,609 in 2022 but dropping to $22,695 in 2023. This inconsistency in funding could pose challenges for long-term program planning and stability. The organization consistently reports zero officer compensation, which is a positive indicator of resource allocation directly to its mission rather than executive salaries.
Spending efficiency appears to be a strength, particularly in recent years. For example, in 2023, expenses were $20,475 against revenues of $22,695, indicating that the majority of incoming funds are being utilized. The consistent reporting of only $1 in liabilities across all filings suggests a very healthy balance sheet with minimal debt, contributing to financial stability. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess the proportion dedicated to programs versus administrative or fundraising costs.
In terms of transparency, the consistent filing of IRS Form 990s over a decade is commendable. The absence of officer compensation is clearly reported, enhancing trust. However, the NTEE code I20Z (Voluntary Health Associations & Medical Disciplines, General) is quite broad, and more specific program details would further enhance transparency regarding how funds are directly impacting its stated mission. The low liability and consistent asset growth are positive signs of responsible financial management.