Barnett Reservoir Foundation
EIN: 274116779 · Ridgeland, MS · NTEE: C32
| Metric | Value |
|---|---|
| Total Revenue | $65K |
| Total Expenses | $78K |
| Net Assets | $80K |
Is Barnett Reservoir Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Barnett Reservoir Foundation
Barnett Reservoir Foundation (EIN: 274116779) is a nonprofit organization based in Ridgeland, MS, classified under NTEE code C32. The organization reported total revenue of $65K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barnett Reservoir Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barnett Reservoir Foundation is a micro nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $78K |
| Surplus / Deficit | $-707 |
| Total Assets | $80K |
| Net Assets | $80K |
| Operating Margin | -0.9% |
| Months of Reserves | 12.3 months |
Financial Health Grade: B
In 2023, Barnett Reservoir Foundation reported a deficit of $707 with expenses exceeding revenue, holds 12.3 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2016–2023), Barnett Reservoir Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.5% | -10.3% | -0.9% |
| 2022 | +45.2% | +3.5% | +39.0% |
| 2021 | +110.8% | +137.1% | -12.8% |
| 2020 | -64.2% | -33.1% | +0.6% |
| 2019 | +67.7% | -18.5% | +243.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Barnett Reservoir Foundation 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 Barnett Reservoir Foundation 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 deficit of $707, with expenses exceeding revenue.
Frequently Asked Questions about Barnett Reservoir Foundation
Is Barnett Reservoir Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Barnett Reservoir Foundation (EIN: 274116779) insufficient data. 0 red flags identified, 0 strengths noted.
How does Barnett Reservoir Foundation spend its money?
Detailed spending breakdown data is not yet available for Barnett Reservoir Foundation. Check back for updated IRS 990 analysis.
Are donations to Barnett Reservoir Foundation tax-deductible?
Barnett Reservoir Foundation is registered as a tax-exempt nonprofit (EIN: 274116779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Barnett Reservoir Foundation located?
Barnett Reservoir Foundation is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 274116779. It is classified under NTEE code C32.
How many years of IRS 990 filings does Barnett Reservoir Foundation have?
Barnett Reservoir Foundation has 7 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 $65K in total revenue.
Filing History
IRS 990 filing history for Barnett Reservoir Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Barnett Reservoir Foundation's revenue has declined by 19.5%, moving from $96K to $77K. Total assets increased by 44.1% over the same period, from $55K to $80K. Total functional expenses rose by 29.7%, from $60K to $78K. In its most recent filing year (2023), Barnett Reservoir Foundation reported a deficit of $707, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $78K | $80K | $0 | — | View 990 |
| 2022 | $109K | $87K | $81K | $0 | — | View 990 |
| 2021 | $75K | $84K | $58K | $0 | — | — |
| 2020 | $36K | $35K | $66K | $0 | — | — |
| 2019 | $100K | $53K | $66K | $0 | — | View 990 |
| 2018 | $59K | $65K | $19K | $0 | — | View 990 |
| 2016 | $96K | $60K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $78K, and assets of $80K (revenue -29.5% year-over-year).
- 2022: Revenue of $109K, expenses of $87K, and assets of $81K (revenue +45.2% year-over-year).
- 2021: Revenue of $75K, expenses of $84K, and assets of $58K (revenue +110.8% year-over-year).
- 2020: Revenue of $36K, expenses of $35K, and assets of $66K (revenue -64.2% year-over-year).
- 2019: Revenue of $100K, expenses of $53K, and assets of $66K (revenue +67.7% year-over-year).
- 2018: Revenue of $59K, expenses of $65K, and assets of $19K (revenue -38.0% year-over-year).
- 2016: Revenue of $96K, expenses of $60K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barnett Reservoir Foundation:
Data Sources and Methodology
This transparency report for Barnett Reservoir Foundation 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.