Barnabas Center Richmond
EIN: 832336367 · Richmond, VA · NTEE: X11
| Metric | Value |
|---|---|
| Total Revenue | $816K |
| Total Expenses | $701K |
| Net Assets | $245K |
Is Barnabas Center Richmond Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Barnabas Center Richmond
Barnabas Center Richmond (EIN: 832336367) is a nonprofit organization based in Richmond, VA, classified under NTEE code X11. The organization reported total revenue of $816K and total assets of $288K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barnabas Center Richmond's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barnabas Center Richmond is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $737K |
| Total Expenses | $701K |
| Surplus / Deficit | +$36K |
| Total Assets | $269K |
| Total Liabilities | $24K |
| Net Assets | $245K |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2024, Barnabas Center Richmond reported a surplus of $36K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 6 years of filings (2019–2024), Barnabas Center Richmond's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +36.5% | +31.1% | +16.7% |
| 2023 | +12.0% | +12.2% | -0.2% |
| 2022 | +2.6% | +16.2% | +12.5% |
| 2021 | +10.8% | +2.6% | +3.7% |
| 2020 | -7.5% | +15.2% | +70.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Barnabas Center Richmond 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 Barnabas Center Richmond 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.0%.
Frequently Asked Questions about Barnabas Center Richmond
Is Barnabas Center Richmond a legitimate charity?
Based on AI analysis of IRS 990 filings, Barnabas Center Richmond (EIN: 832336367) insufficient data. 0 red flags identified, 0 strengths noted.
How does Barnabas Center Richmond spend its money?
Detailed spending breakdown data is not yet available for Barnabas Center Richmond. Check back for updated IRS 990 analysis.
Are donations to Barnabas Center Richmond tax-deductible?
Barnabas Center Richmond is registered as a tax-exempt nonprofit (EIN: 832336367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Barnabas Center Richmond located?
Barnabas Center Richmond is headquartered in Richmond, Virginia and files with the IRS under EIN 832336367. It is classified under NTEE code X11.
How many years of IRS 990 filings does Barnabas Center Richmond have?
Barnabas Center Richmond has 6 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 $816K in total revenue.
Filing History
IRS 990 filing history for Barnabas Center Richmond showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2024), Barnabas Center Richmond's revenue has grown by 60.7%, moving from $459K to $737K. Total assets increased by 131.2% over the same period, from $117K to $269K. Total functional expenses rose by 102%, from $347K to $701K. In its most recent filing year (2024), Barnabas Center Richmond reported a surplus of $36K, with revenue exceeding expenses. The organization holds $24K in liabilities against $269K in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $245K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $737K | $701K | $269K | $24K | — | — |
| 2023 | $540K | $535K | $231K | $22K | — | View 990 |
| 2022 | $482K | $477K | $232K | $28K | — | View 990 |
| 2021 | $470K | $410K | $206K | $8K | — | View 990 |
| 2020 | $424K | $400K | $199K | $60K | — | View 990 |
| 2019 | $459K | $347K | $117K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $737K, expenses of $701K, and assets of $269K (revenue +36.5% year-over-year).
- 2023: Revenue of $540K, expenses of $535K, and assets of $231K (revenue +12.0% year-over-year).
- 2022: Revenue of $482K, expenses of $477K, and assets of $232K (revenue +2.6% year-over-year).
- 2021: Revenue of $470K, expenses of $410K, and assets of $206K (revenue +10.8% year-over-year).
- 2020: Revenue of $424K, expenses of $400K, and assets of $199K (revenue -7.5% year-over-year).
- 2019: Revenue of $459K, expenses of $347K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barnabas Center Richmond:
Data Sources and Methodology
This transparency report for Barnabas Center Richmond 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.