Quick charity verification for Bedford Bluffs Inc (EIN: 20263057)
Verdict: Bedford Bluffs Inc appears trustworthy
85/100Mission Score
$285KRevenue
$515KAssets
2Red Flags
5Strengths
Red Flags
NTEE Code is unknown, making it difficult to benchmark against similar organizations.
Consistent 0% officer compensation might indicate reliance on external support or an entirely volunteer-run structure, which could pose sustainability risks if not properly managed.
Strengths
Consistent positive net assets, with assets ($515,475) significantly exceeding liabilities ($88,763) in 2021.
Significant reduction in liabilities over the past decade, from $197,302 in 2012 to $88,763 in 2021.
Strong revenue growth in the latest fiscal year (2021 revenue of $284,998, up from $170,148 in 2020).
Zero reported officer compensation, suggesting a high proportion of funds are directed towards the mission.
Consistent filing of IRS Form 990s for 11 periods, demonstrating good transparency.
Spending Breakdown
How Bedford Bluffs 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 Bedford Bluffs Inc
Is Bedford Bluffs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bedford Bluffs Inc (EIN: 20263057) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Bedford Bluffs Inc a good charity to donate to?
Bedford Bluffs Inc has a Mission Score of 85/100. Revenue: $285K. Assets: $515K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bedford Bluffs Inc?
The Employer Identification Number (EIN) for Bedford Bluffs Inc is 20263057. 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 Bedford Bluffs Inc spend its money?
Bedford Bluffs Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bedford Bluffs Inc's tax-exempt status?
You can verify Bedford Bluffs Inc's tax-exempt status using EIN 20263057 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
Bedford Bluffs Inc demonstrates a generally stable financial position over the past decade, with assets consistently above $460,000 and liabilities showing a decreasing trend from $197,302 in 2012 to $88,763 in 2021. The organization's revenue has fluctuated, peaking at $284,998 in 2021, which also saw a positive net income of $65,202 (Revenue $284,998 - Expenses $219,796). This recent performance indicates a healthy rebound and growth.
Spending efficiency appears reasonable, especially given the consistent absence of officer compensation, which suggests resources are directed towards operational costs rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the consistent operational expenses relative to revenue suggest a stable cost structure. The organization's transparency is bolstered by its consistent filing of IRS Form 990s over 11 periods, providing a clear historical financial record. The lack of officer compensation also enhances its perceived financial integrity.
Overall, Bedford Bluffs Inc appears to be a financially sound organization with a positive trend in its latest fiscal year. Its consistent financial reporting and zero officer compensation contribute positively to its transparency and efficiency profile.