Quick charity verification for Bf Charitable Foundation (EIN: 206675392)
Verdict: Bf Charitable Foundation appears trustworthy
85/100Mission Score
$194KRevenue
$1.6MAssets
2Red Flags
4Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $153,121 expenses vs. $134,062 revenue in 2023.
Declining asset base over the long term, from $2,533,309 in 2012 to $1,564,923 currently, indicating asset depletion.
Strengths
Consistent 0% officer compensation, indicating high administrative efficiency and volunteer leadership.
Strong asset base of $1,564,923, providing financial stability despite deficit spending.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Low liabilities across all reported periods (mostly $0 or $1), indicating sound financial management.
Spending Breakdown
How Bf Charitable 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 Bf Charitable Foundation
Is Bf Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bf Charitable Foundation (EIN: 206675392) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Bf Charitable Foundation a good charity to donate to?
Bf Charitable Foundation has a Mission Score of 85/100. Revenue: $194K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bf Charitable Foundation?
The Employer Identification Number (EIN) for Bf Charitable Foundation is 206675392. 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 Bf Charitable Foundation spend its money?
Bf Charitable Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bf Charitable Foundation's tax-exempt status?
You can verify Bf Charitable Foundation's tax-exempt status using EIN 206675392 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
Bf Charitable Foundation appears to be a well-established private foundation, as indicated by its consistent asset base over the past decade, currently at $1,564,923. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of efficient use of funds and a volunteer-driven leadership model. However, the foundation has consistently spent more than it has brought in through revenue in recent years, with expenses exceeding revenue by $19,059 in 2023 and $33,995 in 2022. This trend of deficit spending, while common for foundations drawing from an endowment, warrants attention to ensure long-term sustainability.
The foundation's NTEE code T20 suggests it is a private grantmaking foundation, meaning its primary activity is distributing grants to other organizations. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely assess spending efficiency in terms of program vs. administrative costs. However, the lack of officer compensation is a positive sign for administrative efficiency. The consistent filing history with the IRS demonstrates a commitment to transparency.
Overall, Bf Charitable Foundation exhibits strong transparency through its regular filings and zero officer compensation. While its consistent deficit spending in recent years is a point to monitor, its substantial asset base provides a buffer. The primary focus for analysis would be the impact of its grantmaking activities, which is not detailed in the provided summary data.