Ballard Family Foundation Inc
Ballard Family Foundation's assets have declined by 45% over five years as expenses consistently outpace revenue.
EIN: 203853189 · Charleston, WV · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $81K |
| Program Spending | 80% |
| Net Assets | $366K |
| Transparency Score | 70/100 |
Is Ballard Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ballard Family Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ballard Family Foundation Inc
Ballard Family Foundation Inc (EIN: 203853189) is a nonprofit organization based in Charleston, WV, classified under NTEE code T20. The organization reported total revenue of $31K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ballard Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ballard Family Foundation Inc is a micro nonprofit that has been operating for 20 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 58.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $81K |
| Surplus / Deficit | +$748 |
| Total Assets | $366K |
| Total Liabilities | $1 |
| Net Assets | $366K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 54.0 months |
Financial Health Grade: A
In 2015, Ballard Family Foundation Inc reported a surplus of $748 with revenue exceeding expenses, holds 54.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Ballard Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 58.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +75.6% | -43.4% | -7.4% |
| 2014 | +83.7% | +43.0% | -19.7% |
| 2013 | +97.2% | +26.7% | -13.2% |
| 2012 | -0.6% | +21.3% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Ballard Family Foundation Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ballard Family Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $748, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all five available filings, indicating that no executive salaries are paid, which is highly efficient for a foundation of this size.
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 Ballard Family Foundation Inc's IRS 990 filings:
- Consistent decline in assets over five years, from $633,141 to $348,212.
- Expenses frequently exceed revenue, indicating a spend-down model without significant new capital.
Strengths
The following positive indicators were identified for Ballard Family Foundation Inc:
- Zero officer compensation reported across all available filings, indicating efficient use of funds not allocated to executive salaries.
- Minimal liabilities ($1 across all periods) demonstrating strong debt management.
- Consistent filing of IRS 990 forms, indicating good transparency.
Frequently Asked Questions about Ballard Family Foundation Inc
Is Ballard Family Foundation Inc a legitimate charity?
Ballard Family Foundation Inc (EIN: 203853189) is a registered tax-exempt nonprofit based in West Virginia. Our AI analysis gives it a Mission Score of 70/100. It has 5 years of IRS 990 filings on record. Total revenue: $31K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Ballard Family Foundation Inc spend its money?
Ballard Family Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ballard Family Foundation Inc tax-deductible?
Ballard Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203853189). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ballard Family Foundation Inc's spending goes to programs?
Ballard Family Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ballard Family Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Ballard Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ballard Family Foundation Inc located?
Ballard Family Foundation Inc is headquartered in Charleston, West Virginia and files with the IRS under EIN 203853189. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ballard Family Foundation Inc have?
Ballard Family Foundation Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $31K in total revenue.
Is Ballard Family Foundation Inc. a good charity?
As a private foundation, its 'goodness' is often measured by its grant-making impact. Financially, it shows consistent asset decline, but also zero officer compensation, suggesting efficient use of funds not allocated to executive pay. Without details on its grants, a full assessment is difficult.
Why are the assets declining?
Assets have declined from $633,141 in 2011 to $348,212 currently because expenses have frequently exceeded revenue, indicating a spend-down of the foundation's principal.
What is the organization's primary financial strength?
A primary financial strength is its consistent reporting of 0% officer compensation, demonstrating a commitment to minimizing executive overhead and directing funds elsewhere.
Filing History
IRS 990 filing history for Ballard Family Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Ballard Family Foundation Inc's revenue has grown by 532.3%, moving from $13K to $82K. Total assets decreased by 42.2% over the same period, from $633K to $366K. Total functional expenses rose by 24.5%, from $65K to $81K. In its most recent filing year (2015), Ballard Family Foundation Inc reported a surplus of $748, with revenue exceeding expenses. The organization holds $1 in liabilities against $366K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $366K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $82K | $81K | $366K | $1 | — | View 990 |
| 2014 | $47K | $143K | $395K | $1 | — | View 990 |
| 2013 | $25K | $100K | $492K | $1 | — | View 990 |
| 2012 | $13K | $79K | $567K | $1 | — | View 990 |
| 2011 | $13K | $65K | $633K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $82K, expenses of $81K, and assets of $366K (revenue +75.6% year-over-year).
- 2014: Revenue of $47K, expenses of $143K, and assets of $395K (revenue +83.7% year-over-year).
- 2013: Revenue of $25K, expenses of $100K, and assets of $492K (revenue +97.2% year-over-year).
- 2012: Revenue of $13K, expenses of $79K, and assets of $567K (revenue -0.6% year-over-year).
- 2011: Revenue of $13K, expenses of $65K, and assets of $633K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ballard Family Foundation Inc:
Data Sources and Methodology
This transparency report for Ballard Family Foundation 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.