Bac Disaster Relief Fund Inc
Bac Disaster Relief Fund Inc consistently accumulates assets with minimal reported expenses, raising questions about program deployment.
EIN: 203437085 · Washington, DC · NTEE: M20 · Updated: 2026-03-28
Is Bac Disaster Relief Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bac Disaster Relief Fund Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Bac Disaster Relief Fund Inc
Bac Disaster Relief Fund Inc (EIN: 203437085) is a nonprofit organization based in Washington, DC, classified under NTEE code M20. The organization reported total revenue of $222K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bac Disaster Relief Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bac Disaster Relief Fund Inc is a small nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $249K |
| Total Expenses | $20K |
| Surplus / Deficit | +$229K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 92.0% |
| Months of Reserves | 601.7 months |
Financial Health Grade: A
In 2023, Bac Disaster Relief Fund Inc reported a surplus of $229K with revenue exceeding expenses, holds 601.7 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2023), Bac Disaster Relief Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.6% | +66.7% | +29.6% |
| 2022 | +17.3% | -47.8% | +38.4% |
| 2021 | +586.3% | +283.3% | +44.1% |
| 2020 | -85.2% | +20.0% | +6.1% |
| 2019 | +3608.9% | -85.7% | +774.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bac Disaster Relief Fund Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Bac Disaster Relief Fund Inc allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $229K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is positive for donor confidence.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bac Disaster Relief Fund Inc's IRS 990 filings:
- Extremely low expenses relative to revenue, potentially indicating underutilization of funds for mission.
- Significant asset accumulation without clear corresponding program spending increases.
- Lack of detailed breakdown on how accumulated assets are being deployed for disaster relief.
Strengths
The following positive indicators were identified for Bac Disaster Relief Fund Inc:
- Strong financial stability with growing assets and no reported liabilities.
- Zero reported officer compensation, indicating volunteer leadership or alternative compensation structures.
- Consistent revenue generation over recent years.
Frequently Asked Questions about Bac Disaster Relief Fund Inc
Is Bac Disaster Relief Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bac Disaster Relief Fund Inc (EIN: 203437085) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Bac Disaster Relief Fund Inc spend its money?
Bac Disaster Relief Fund Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bac Disaster Relief Fund Inc tax-deductible?
Bac Disaster Relief Fund Inc is registered as a tax-exempt nonprofit (EIN: 203437085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why are Bac Disaster Relief Fund Inc's expenses consistently so low compared to its revenue?
The filings show a consistent pattern of very low expenses relative to revenue. For example, in 2023, expenses were $20,000 against $248,957 in revenue. This suggests a significant portion of funds are being retained rather than spent on immediate disaster relief efforts, which could indicate a long-term savings strategy or a limited scope of current operations.
How does Bac Disaster Relief Fund Inc deploy its accumulated assets for disaster relief?
With assets growing from $71,704 in 2011 to $1,184,860 currently, and minimal reported expenses, it's unclear from the filings how these substantial assets are actively being used to fulfill the organization's disaster relief mission. More detailed program spending information would be needed to understand the impact.
What is the nature of Bac Disaster Relief Fund Inc's program activities given its low expense figures?
The low expense figures across multiple years suggest either a very lean operational model, a focus on specific, low-cost interventions, or that the organization primarily acts as a fund-holding entity for future, larger-scale disaster relief efforts. The filings do not provide sufficient detail to ascertain the specific program activities.
Filing History
IRS 990 filing history for Bac Disaster Relief Fund Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2023), Bac Disaster Relief Fund Inc's revenue has grown by 405.2%, moving from $49K to $249K. Total assets increased by 1298.6% over the same period, from $72K to $1.0M. Total functional expenses rose by 900%, from $2K to $20K. In its most recent filing year (2023), Bac Disaster Relief Fund Inc reported a surplus of $229K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $249K | $20K | $1.0M | $0 | — | View 990 |
| 2022 | $227K | $12K | $774K | $0 | — | View 990 |
| 2021 | $194K | $23K | $559K | $500 | — | — |
| 2020 | $28K | $6K | $388K | $0 | — | — |
| 2019 | $191K | $5K | $366K | $0 | — | View 990 |
| 2012 | $5K | $35K | $42K | $0 | — | View 990 |
| 2011 | $49K | $2K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $249K, expenses of $20K, and assets of $1.0M (revenue +9.6% year-over-year).
- 2022: Revenue of $227K, expenses of $12K, and assets of $774K (revenue +17.3% year-over-year).
- 2021: Revenue of $194K, expenses of $23K, and assets of $559K (revenue +586.3% year-over-year).
- 2020: Revenue of $28K, expenses of $6K, and assets of $388K (revenue -85.2% year-over-year).
- 2019: Revenue of $191K, expenses of $5K, and assets of $366K (revenue +3608.9% year-over-year).
- 2012: Revenue of $5K, expenses of $35K, and assets of $42K (revenue -89.6% year-over-year).
- 2011: Revenue of $49K, expenses of $2K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bac Disaster Relief Fund Inc:
Data Sources and Methodology
This transparency report for Bac Disaster Relief Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.