Banfield Better Together Fund
EIN: 812199219 · Vancouver, WA · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $94K |
| Net Assets | $534K |
Is Banfield Better Together Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Banfield Better Together Fund
Banfield Better Together Fund (EIN: 812199219) is a nonprofit organization based in Vancouver, WA, classified under NTEE code T12. The organization reported total revenue of $160K and total assets of $430K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Banfield Better Together Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Banfield Better Together Fund is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $145K |
| Total Expenses | $94K |
| Surplus / Deficit | +$51K |
| Total Assets | $539K |
| Total Liabilities | $5K |
| Net Assets | $534K |
| Operating Margin | 35.3% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 68.9 months |
Financial Health Grade: A
In 2023, Banfield Better Together Fund reported a surplus of $51K with revenue exceeding expenses, holds 68.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Banfield Better Together Fund's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | -59.0% | +3.8% |
| 2022 | -15.8% | +10.1% | -13.9% |
| 2021 | -53.9% | +102.1% | -2.0% |
| 2020 | +140.3% | +164.1% | +77.2% |
| 2019 | +26.9% | -14.0% | +54.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Banfield Better Together Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Banfield Better Together Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Banfield Better Together Fund
Is Banfield Better Together Fund a legitimate charity?
Banfield Better Together Fund (EIN: 812199219) is a registered tax-exempt nonprofit based in Washington. It has 8 years of IRS 990 filings on record. Total revenue: $160K. No red flags identified. Financial health grade: A.
How does Banfield Better Together Fund spend its money?
Banfield Better Together Fund reported $160K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Banfield Better Together Fund tax-deductible?
Banfield Better Together Fund is registered as a tax-exempt nonprofit (EIN: 812199219). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Banfield Better Together Fund located?
Banfield Better Together Fund is headquartered in Vancouver, Washington and files with the IRS under EIN 812199219. It is classified under NTEE code T12.
How many years of IRS 990 filings does Banfield Better Together Fund have?
Banfield Better Together Fund has 8 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 $160K in total revenue.
Filing History
IRS 990 filing history for Banfield Better Together Fund showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Banfield Better Together Fund's revenue has grown by 61.6%, moving from $90K to $145K. Total assets increased by 650.9% over the same period, from $72K to $539K. Total functional expenses rose by 420.3%, from $18K to $94K. In its most recent filing year (2023), Banfield Better Together Fund reported a surplus of $51K, with revenue exceeding expenses. The organization holds $5K in liabilities against $539K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $534K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $94K | $539K | $5K | — | — |
| 2022 | $143K | $229K | $519K | $36K | — | View 990 |
| 2021 | $170K | $208K | $603K | $35K | — | — |
| 2020 | $369K | $103K | $616K | $10K | — | — |
| 2019 | $154K | $39K | $348K | $8K | — | View 990 |
| 2018 | $121K | $45K | $225K | $43 | — | View 990 |
| 2017 | $167K | $90K | $149K | $0 | — | View 990 |
| 2016 | $90K | $18K | $72K | $123 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $145K, expenses of $94K, and assets of $539K (revenue +1.3% year-over-year).
- 2022: Revenue of $143K, expenses of $229K, and assets of $519K (revenue -15.8% year-over-year).
- 2021: Revenue of $170K, expenses of $208K, and assets of $603K (revenue -53.9% year-over-year).
- 2020: Revenue of $369K, expenses of $103K, and assets of $616K (revenue +140.3% year-over-year).
- 2019: Revenue of $154K, expenses of $39K, and assets of $348K (revenue +26.9% year-over-year).
- 2018: Revenue of $121K, expenses of $45K, and assets of $225K (revenue -27.5% year-over-year).
- 2017: Revenue of $167K, expenses of $90K, and assets of $149K (revenue +85.9% year-over-year).
- 2016: Revenue of $90K, expenses of $18K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Banfield Better Together Fund:
Data Sources and Methodology
This transparency report for Banfield Better Together Fund 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.