Barot Family Foundation
EIN: 814148839 · Ridgeland, MS · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $92K |
| Net Assets | $111K |
Is Barot Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Barot Family Foundation
Barot Family Foundation (EIN: 814148839) is a nonprofit organization based in Ridgeland, MS, classified under NTEE code T22. The organization reported total revenue of $50K and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barot Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barot Family Foundation is a micro nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $92K |
| Surplus / Deficit | $-11,548 |
| Total Assets | $111K |
| Total Liabilities | $1 |
| Net Assets | $111K |
| Operating Margin | -14.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 14.5 months |
Financial Health Grade: B
In 2023, Barot Family Foundation reported a deficit of $12K with expenses exceeding revenue, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2019–2023), Barot Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.8% | +432.9% | +19.3% |
| 2021 | +9.8% | +19.1% | -26.1% |
| 2020 | -8.9% | +30.6% | +26.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Barot Family 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 Barot Family 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Barot Family Foundation
Is Barot Family Foundation a legitimate charity?
Barot Family Foundation (EIN: 814148839) is a registered tax-exempt nonprofit based in Mississippi. It has 4 years of IRS 990 filings on record. Total revenue: $50K. No red flags identified. Financial health grade: B.
How does Barot Family Foundation spend its money?
Barot Family Foundation reported $50K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Barot Family Foundation tax-deductible?
Barot Family Foundation is registered as a tax-exempt nonprofit (EIN: 814148839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Barot Family Foundation located?
Barot Family Foundation is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 814148839. It is classified under NTEE code T22.
How many years of IRS 990 filings does Barot Family Foundation have?
Barot Family Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $50K in total revenue.
Filing History
IRS 990 filing history for Barot Family Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Barot Family Foundation's revenue has grown by 77.8%, moving from $45K to $80K. Total assets increased by 11.9% over the same period, from $99K to $111K. Total functional expenses rose by 728.3%, from $11K to $92K. In its most recent filing year (2023), Barot Family Foundation reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $111K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $111K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $92K | $111K | $1 | — | — |
| 2021 | $45K | $17K | $93K | $1 | — | View 990 |
| 2020 | $41K | $14K | $125K | $1 | — | — |
| 2019 | $45K | $11K | $99K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $92K, and assets of $111K (revenue +77.8% year-over-year).
- 2021: Revenue of $45K, expenses of $17K, and assets of $93K (revenue +9.8% year-over-year).
- 2020: Revenue of $41K, expenses of $14K, and assets of $125K (revenue -8.9% year-over-year).
- 2019: Revenue of $45K, expenses of $11K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barot Family Foundation:
Data Sources and Methodology
This transparency report for Barot Family 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.