Barer Family Foundation Inc
Barer Family Foundation maintains zero officer compensation amidst fluctuating revenues and expenses.
EIN: 203972085 · Mendham, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $980K |
| Total Expenses | $413K |
| Program Spending | 90% |
| Net Assets | $319K |
| Transparency Score | 85/100 |
Is Barer 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 →
Barer Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Barer Family Foundation Inc
Barer Family Foundation Inc (EIN: 203972085) is a nonprofit organization based in Mendham, NJ, classified under NTEE code T20. The organization reported total revenue of $980K and total assets of $264K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barer Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barer Family Foundation Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 210.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $801K |
| Total Expenses | $413K |
| Surplus / Deficit | +$388K |
| Total Assets | $319K |
| Total Liabilities | $1 |
| Net Assets | $319K |
| Operating Margin | 48.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 9.3 months |
Financial Health Grade: A
In 2023, Barer Family Foundation Inc reported a surplus of $388K with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Barer Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 210.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.8% | -21.9% | +15.5% |
| 2022 | +186.3% | +9.2% | -8.4% |
| 2021 | -75.2% | -53.2% | -39.7% |
| 2020 | -45.5% | +76.2% | -50.0% |
| 2019 | +36.9% | +193.3% | +3.4% |
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 Barer Family Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Barer Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $388K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is a significant positive for a foundation of its size, suggesting high efficiency in directing funds to its mission.
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 Barer Family Foundation Inc's IRS 990 filings:
- Significant fluctuation in annual revenue and assets, potentially indicating an unstable funding model or reliance on volatile investment returns.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary makes a precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Barer Family Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to charitable purposes.
- Minimal liabilities ($1 reported consistently), demonstrating strong financial management and low debt burden.
- Consistent filing of IRS Form 990s, indicating good transparency and compliance.
- Positive net income in the latest filing period (2023: Revenue $801,474 vs. Expenses $413,000).
Frequently Asked Questions about Barer Family Foundation Inc
Is Barer Family Foundation Inc a legitimate charity?
Barer Family Foundation Inc (EIN: 203972085) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $980K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Barer Family Foundation Inc spend its money?
Barer Family Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Barer Family Foundation Inc tax-deductible?
Barer Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203972085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Barer Family Foundation Inc's spending goes to programs?
Barer Family Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Barer Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Barer 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 Barer Family Foundation Inc located?
Barer Family Foundation Inc is headquartered in Mendham, New Jersey and files with the IRS under EIN 203972085. It is classified under NTEE code T20.
How many years of IRS 990 filings does Barer Family Foundation Inc have?
Barer Family Foundation Inc has 10 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 $980K in total revenue.
Is Barer Family Foundation Inc. a good charity?
Based on the provided data, the Barer Family Foundation Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission without executive salaries. Its liabilities are minimal, and it has a history of significant revenue and asset management, though detailed program spending ratios are not available in this summary.
How has the foundation's financial stability changed over time?
The foundation's financial stability has seen fluctuations. Assets peaked at over $1 million in 2019 but have since decreased to $263,885. Revenue has also varied significantly, from $1 in earlier periods to over $2.1 million in 2019, suggesting an inconsistent funding model, possibly reliant on large, infrequent donations or investment performance.
What is the trend in the foundation's expenses?
Expenses have varied considerably, from a low of $140,774 in 2011 to a high of $1,033,459 in 2020. In the most recent period (2023), expenses were $413,000, which is lower than some previous years but higher than others, indicating a flexible spending approach.
Filing History
IRS 990 filing history for Barer Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Barer Family Foundation Inc's revenue has grown by 80147300%, moving from $1 to $801K. Total assets decreased by 43.4% over the same period, from $563K to $319K. Total functional expenses rose by 193.4%, from $141K to $413K. In its most recent filing year (2023), Barer Family Foundation Inc reported a surplus of $388K, with revenue exceeding expenses. The organization holds $1 in liabilities against $319K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $319K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $801K | $413K | $319K | $1 | — | View 990 |
| 2022 | $817K | $529K | $276K | $1 | — | View 990 |
| 2021 | $285K | $484K | $302K | $1 | — | View 990 |
| 2020 | $1.1M | $1.0M | $500K | $1 | — | View 990 |
| 2019 | $2.1M | $587K | $1.0M | $1 | — | — |
| 2015 | $1.5M | $200K | $967K | $1 | — | View 990 |
| 2014 | $936K | $164K | $394K | $1 | — | View 990 |
| 2013 | $1 | $1.0M | $47K | $1 | — | View 990 |
| 2012 | $1 | $175K | $434K | $1 | — | View 990 |
| 2011 | $1 | $141K | $563K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $801K, expenses of $413K, and assets of $319K (revenue -1.8% year-over-year).
- 2022: Revenue of $817K, expenses of $529K, and assets of $276K (revenue +186.3% year-over-year).
- 2021: Revenue of $285K, expenses of $484K, and assets of $302K (revenue -75.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $500K (revenue -45.5% year-over-year).
- 2019: Revenue of $2.1M, expenses of $587K, and assets of $1.0M (revenue +36.9% year-over-year).
- 2015: Revenue of $1.5M, expenses of $200K, and assets of $967K (revenue +64.5% year-over-year).
- 2014: Revenue of $936K, expenses of $164K, and assets of $394K (revenue +93563400.0% year-over-year).
- 2013: Revenue of $1, expenses of $1.0M, and assets of $47K (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $175K, and assets of $434K (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $141K, and assets of $563K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barer Family Foundation Inc:
Data Sources and Methodology
This transparency report for Barer 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.