Barrier Free Living Holding Inc
Barrier Free Living Holding Inc maintains consistent operations with growing assets and no reported officer compensation.
EIN: 133059155 · Bronx, NY · NTEE: P124 · Updated: 2026-03-28
Is Barrier Free Living Holding Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Barrier Free Living Holding Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Barrier Free Living Holding Inc
Barrier Free Living Holding Inc (EIN: 133059155) is a nonprofit organization based in Bronx, NY, classified under NTEE code P124. The organization reported total revenue of $5.3M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barrier Free Living Holding Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Barrier Free Living Holding 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Barrier Free Living Holding Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues consistently in the millions. This suggests either that executives are unpaid volunteers, or their compensation is reported under different categories, or the organization is highly efficient in directing all funds to programs and operational costs without allocating specific officer compensation.
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 Barrier Free Living Holding Inc's IRS 990 filings:
- Consistent 0% officer compensation for a multi-million dollar organization, which is highly unusual and may warrant further investigation into how leadership is compensated or structured.
- Significant increase in liabilities in 2023 to $2,508,814, which could indicate new debt or financial obligations that need to be understood in context of the organization's financial health.
Strengths
The following positive indicators were identified for Barrier Free Living Holding Inc:
- Consistent operational surpluses, with revenues generally exceeding expenses (e.g., $4,558,656 revenue vs. $4,420,888 expenses in 2023).
- Growing asset base, reaching $5,522,495 in the latest period, indicating increasing financial capacity.
- Strong indication of program focus given the reported 0% officer compensation, suggesting funds are directed towards mission-related activities.
Frequently Asked Questions about Barrier Free Living Holding Inc
Is Barrier Free Living Holding Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Barrier Free Living Holding Inc (EIN: 133059155) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Barrier Free Living Holding Inc spend its money?
Barrier Free Living Holding Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Barrier Free Living Holding Inc tax-deductible?
Barrier Free Living Holding Inc is registered as a tax-exempt nonprofit (EIN: 133059155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Barrier Free Living Holding Inc manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is highly unusual for an organization with multi-million dollar revenues. This could indicate that executive roles are filled by volunteers, compensation is covered by a related entity, or it's categorized differently within expenses, which would require further investigation beyond the summary data provided.
What caused the significant increase in liabilities to $2,508,814 in 2023?
The substantial increase in liabilities in 2023, nearly tripling from the previous year's $887,263, warrants further scrutiny. This could be due to new program funding, capital expenditures, or other financial obligations that would need to be detailed in the full IRS 990 filing.
Is the organization's asset growth sustainable given the fluctuations in liabilities?
While assets have generally grown, reaching $5,522,495, the significant fluctuations in liabilities, particularly the spike in 2023, suggest that the asset growth might be tied to debt or other short-term obligations. A deeper dive into the balance sheet would be necessary to assess long-term sustainability.
Filing History
IRS 990 filing history for Barrier Free Living Holding Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Barrier Free Living Holding Inc's revenue has grown by 73.9%, moving from $2.6M to $4.6M. Total assets increased by 308.2% over the same period, from $1.2M to $5.1M. Total functional expenses rose by 70.2%, from $2.6M to $4.4M. In its most recent filing year (2023), Barrier Free Living Holding Inc reported a surplus of $138K, with revenue exceeding expenses. The organization holds $2.5M in liabilities against $5.1M in assets (debt-to-asset ratio: 49.3%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $4.4M | $5.1M | $2.5M | — | — |
| 2022 | $4.6M | $4.6M | $3.4M | $887K | — | View 990 |
| 2021 | $5.4M | $5.1M | $3.2M | $742K | — | View 990 |
| 2020 | $4.4M | $4.4M | $4.0M | $1.8M | — | View 990 |
| 2019 | $4.3M | $4.2M | $3.1M | $913K | — | View 990 |
| 2018 | $5.5M | $5.3M | $3.1M | $1.0M | — | View 990 |
| 2017 | $5.9M | $5.5M | $3.8M | $1.9M | — | View 990 |
| 2015 | $3.5M | $3.5M | $2.1M | $1.4M | — | View 990 |
| 2014 | $2.8M | $2.8M | $1.2M | $458K | — | View 990 |
| 2013 | $2.8M | $2.8M | $1.5M | $642K | — | View 990 |
| 2012 | $2.5M | $2.4M | $1.1M | $281K | — | View 990 |
| 2011 | $2.6M | $2.6M | $1.2M | $655K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $4.4M, and assets of $5.1M (revenue -1.8% year-over-year).
- 2022: Revenue of $4.6M, expenses of $4.6M, and assets of $3.4M (revenue -14.2% year-over-year).
- 2021: Revenue of $5.4M, expenses of $5.1M, and assets of $3.2M (revenue +22.4% year-over-year).
- 2020: Revenue of $4.4M, expenses of $4.4M, and assets of $4.0M (revenue +2.6% year-over-year).
- 2019: Revenue of $4.3M, expenses of $4.2M, and assets of $3.1M (revenue -22.2% year-over-year).
- 2018: Revenue of $5.5M, expenses of $5.3M, and assets of $3.1M (revenue -6.4% year-over-year).
- 2017: Revenue of $5.9M, expenses of $5.5M, and assets of $3.8M (revenue +69.1% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.5M, and assets of $2.1M (revenue +26.0% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.8M, and assets of $1.2M (revenue -1.8% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.8M, and assets of $1.5M (revenue +13.6% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.4M, and assets of $1.1M (revenue -5.2% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.6M, and assets of $1.2M.
Data Sources and Methodology
This transparency report for Barrier Free Living Holding 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.