Is Bartow Family Resources Inc Legit?

Quick charity verification for Bartow Family Resources Inc (EIN: 205764028)

Verdict: Bartow Family Resources Inc appears trustworthy

92/100Mission Score
$1.2MRevenue
$1.1MAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Bartow Family Resources Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, increasing from $216,279 in 2014 to $1,052,337 in 2023. The organization has also steadily built its asset base, reaching $1,032,113 in 2023, indicating sound financial management and capacity building. While expenses have increased in line with revenue, the organization has maintained a positive net position in most years, though 2023 saw expenses ($1,125,750) slightly exceed revenue ($1,052,337), resulting in a minor deficit for that period. The organization's spending efficiency appears strong, particularly given the consistent growth in assets and the relatively low liabilities. The absence of reported officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which can contribute to a higher proportion of funds being directed towards programs. This is a positive indicator for donors concerned about administrative overhead. Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 13 periods and the clear reporting of financial metrics. The detailed historical data allows for a comprehensive assessment of its financial evolution and operational efficiency. The lack of reported officer compensation also enhances transparency regarding how funds are allocated.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages