Is Ronald W And Rebecca P Barnettcharitable Foundation Legit?
Quick charity verification for Ronald W And Rebecca P Barnettcharitable Foundation (EIN: 205214374)
Verdict: Ronald W And Rebecca P Barnettcharitable Foundation appears trustworthy
75/100Mission Score
$11KRevenue
$4KAssets
2Red Flags
3Strengths
Red Flags
Inconsistent financial performance with several years showing expenses significantly exceeding revenue (e.g., 202212: $1,213 revenue vs. $24,715 expenses).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
Consistently reports 0% officer compensation, indicating efficient use of funds and strong transparency regarding executive pay.
Low liabilities across all reported periods (often $1), suggesting a healthy balance sheet in terms of debt.
Positive net income in the most recent filing (202312: $50,033 revenue vs. $33,743 expenses).
Spending Breakdown
How Ronald W And Rebecca P Barnettcharitable Foundation 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 Ronald W And Rebecca P Barnettcharitable Foundation
Is Ronald W And Rebecca P Barnettcharitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ronald W And Rebecca P Barnettcharitable Foundation (EIN: 205214374) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Ronald W And Rebecca P Barnettcharitable Foundation a good charity to donate to?
Ronald W And Rebecca P Barnettcharitable Foundation has a Mission Score of 75/100. Revenue: $11K. Assets: $4K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ronald W And Rebecca P Barnettcharitable Foundation?
The Employer Identification Number (EIN) for Ronald W And Rebecca P Barnettcharitable Foundation is 205214374. 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 Ronald W And Rebecca P Barnettcharitable Foundation spend its money?
Ronald W And Rebecca P Barnettcharitable Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ronald W And Rebecca P Barnettcharitable Foundation's tax-exempt status?
You can verify Ronald W And Rebecca P Barnettcharitable Foundation's tax-exempt status using EIN 205214374 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 Ronald W And Rebecca P Barnettcharitable Foundation demonstrates a fluctuating financial profile over its filing history. While the latest reported revenue for 202312 was $50,033, with expenses at $33,743, indicating a surplus, previous years show significant variability, including periods where expenses substantially exceeded revenue, such as in 202212 ($1,213 revenue vs. $24,715 expenses) and 202112 ($25,000 revenue vs. $35,760 expenses). The organization consistently reports 0% officer compensation, which is a positive indicator for donor trust and efficient use of funds for its charitable purpose. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency beyond the overall revenue-expense balance.
The foundation's assets have also shown considerable fluctuation, peaking at $57,365 in 201212 and currently standing at $21,978 as of 202312. The consistently low liabilities (often reported as $1) suggest a healthy balance sheet in terms of debt. The lack of detailed expense categorization in the provided data limits a comprehensive assessment of program efficiency and administrative overhead. However, the consistent reporting of zero officer compensation is a strong point for transparency regarding executive pay.
Overall, the foundation appears to be a small, family-oriented charitable entity, as suggested by its name and the absence of officer compensation. Its financial health is somewhat inconsistent year-to-year, with periods of significant deficits. Transparency regarding executive compensation is excellent, but more granular expense reporting would enhance the ability to evaluate spending efficiency.