Barrington Tap In Inc
Barrington Tap In Inc: Strong Revenue Growth, but Spending Breakdown Needs Clarity
EIN: 222481382 · Barrington, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $644K |
| Total Expenses | $591K |
| Program Spending | 70% |
| Net Assets | $284K |
| Transparency Score | 75/100 |
Is Barrington Tap In Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Barrington Tap In Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Barrington Tap In Inc
Barrington Tap In Inc (EIN: 222481382) is a nonprofit organization based in Barrington, RI. The organization reported total revenue of $644K and total assets of $321K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barrington Tap In Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barrington Tap In Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 22.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $651K |
| Total Expenses | $591K |
| Surplus / Deficit | +$60K |
| Total Assets | $284K |
| Net Assets | $284K |
| Operating Margin | 9.2% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2024, Barrington Tap In Inc reported a surplus of $60K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2012–2024), Barrington Tap In Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +46.5% | +25.6% | +26.7% |
| 2023 | +5.7% | +10.9% | -10.5% |
| 2022 | +37.3% | +72.4% | -1.6% |
| 2021 | +19.6% | +0.4% | +30.7% |
| 2020 | -2.7% | +1.7% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Barrington Tap In Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Barrington Tap In Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $60K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation information is not provided in the given data, preventing an assessment of its reasonableness.
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 Barrington Tap In Inc's IRS 990 filings:
- Lack of detailed functional expense reporting makes it challenging to verify the exact percentage of funds directly allocated to programs versus administrative and fundraising costs.
- The provided data does not include information on executive compensation, which is a key component of financial transparency.
Strengths
The following positive indicators were identified for Barrington Tap In Inc:
- Consistent and significant revenue growth from $234,962 in 2017 to $650,506 in 2024 demonstrates increasing support and operational capacity.
- Assets have grown steadily, indicating good financial management and stability, from $151,331 in 2017 to $284,428 in 2024.
Frequently Asked Questions about Barrington Tap In Inc
Is Barrington Tap In Inc a legitimate charity?
Barrington Tap In Inc (EIN: 222481382) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $644K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Barrington Tap In Inc spend its money?
Barrington Tap In Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Barrington Tap In Inc tax-deductible?
Barrington Tap In Inc is registered as a tax-exempt nonprofit (EIN: 222481382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Barrington Tap In Inc's spending goes to programs?
Barrington Tap In Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Barrington Tap In Inc located?
Barrington Tap In Inc is headquartered in Barrington, Rhode Island and files with the IRS under EIN 222481382.
How many years of IRS 990 filings does Barrington Tap In Inc have?
Barrington Tap In Inc has 13 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 $644K in total revenue.
What does Barrington Tap In Inc do?
Barrington Tap In Inc is a nonprofit organization in the Unknown sector, located in Barrington, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Barrington Tap In Inc have?
Barrington Tap In Inc reported total revenue of $644,446. Based on 13 IRS 990 filings on record.
What are Barrington Tap In Inc's total assets?
Barrington Tap In Inc holds total assets of $320,686 as reported in IRS 990 filings.
Where is Barrington Tap In Inc located?
Barrington Tap In Inc is based in Barrington, Rhode Island.
What is Barrington Tap In Inc's EIN?
Barrington Tap In Inc's Employer Identification Number (EIN) is 222481382. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Barrington Tap In Inc?
Barrington Tap In Inc is classified under NTEE code Unknown (Unknown).
Is Barrington Tap In Inc a registered 501(c)(3)?
Barrington Tap In Inc appears in IRS records (EIN: 222481382). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Barrington Tap In Inc file IRS Form 990?
Yes, Barrington Tap In Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Barrington Tap In Inc's revenue in 2024?
In the 202403 filing period, Barrington Tap In Inc reported total revenue of $650,506, total expenses of $590,627, and net assets of $284,428.
Is Barrington Tap In Inc's revenue growing or declining?
Barrington Tap In Inc's revenue is growing. Revenue went from $443,908 (202303) to $650,506 (202403), a +46.5% change. Based on 13 filings on record.
What is Barrington Tap In Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Barrington Tap In Inc covers tax period 202403. It shows revenue of $650,506, expenses of $590,627, total assets of $284,428, and liabilities of N/A.
How much does Barrington Tap In Inc spend on programs vs administration?
Based on IRS 990 analysis, Barrington Tap In Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Barrington Tap In Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Barrington Tap In Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Barrington Tap In Inc?
The following concerns were identified: Lack of detailed functional expense reporting makes it challenging to verify the exact percentage of funds directly allocated to programs versus administrative and fundraising costs.. The provided data does not include information on executive compensation, which is a key component of financial transparency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Barrington Tap In Inc's strengths?
Positive indicators for Barrington Tap In Inc include: Consistent and significant revenue growth from $234,962 in 2017 to $650,506 in 2024 demonstrates increasing support and operational capacity.. Assets have grown steadily, indicating good financial management and stability, from $151,331 in 2017 to $284,428 in 2024.. These findings are derived from AI analysis of the organization's financial filings.
How does Barrington Tap In Inc compensate executives?
Executive compensation information is not provided in the given data, preventing an assessment of its reasonableness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial revenue growth, what specific strategies has Barrington Tap In Inc implemented to achieve this expansion?
The provided data indicates consistent revenue growth, but does not detail the specific strategies employed, such as new programs, fundraising campaigns, or donor acquisition methods.
How does Barrington Tap In Inc ensure that its increasing assets are effectively utilized to further its mission?
While assets have grown to $284,428 in 2024, the data does not specify how these assets are deployed, whether through program expansion, endowment building, or operational improvements.
Filing History
IRS 990 filing history for Barrington Tap In Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Barrington Tap In Inc's revenue has grown by 1018.5%, moving from $58K to $651K. Total assets increased by 308.9% over the same period, from $70K to $284K. Total functional expenses rose by 712.4%, from $73K to $591K. In its most recent filing year (2024), Barrington Tap In Inc reported a surplus of $60K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $651K | $591K | $284K | $0 | — | — |
| 2023 | $444K | $470K | $225K | $0 | — | — |
| 2022 | $420K | $424K | $251K | $0 | — | View 990 |
| 2021 | $306K | $246K | $255K | $0 | — | — |
| 2020 | $256K | $245K | $195K | $0 | — | View 990 |
| 2019 | $263K | $241K | $184K | $0 | — | View 990 |
| 2018 | $243K | $233K | $162K | $0 | — | View 990 |
| 2017 | $235K | $219K | $151K | $0 | — | View 990 |
| 2016 | $235K | $235K | $136K | $0 | — | View 990 |
| 2015 | $87K | $74K | $136K | $0 | — | View 990 |
| 2014 | $105K | $49K | $122K | $0 | — | View 990 |
| 2013 | $66K | $66K | $70K | $0 | — | View 990 |
| 2012 | $58K | $73K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $651K, expenses of $591K, and assets of $284K (revenue +46.5% year-over-year).
- 2023: Revenue of $444K, expenses of $470K, and assets of $225K (revenue +5.7% year-over-year).
- 2022: Revenue of $420K, expenses of $424K, and assets of $251K (revenue +37.3% year-over-year).
- 2021: Revenue of $306K, expenses of $246K, and assets of $255K (revenue +19.6% year-over-year).
- 2020: Revenue of $256K, expenses of $245K, and assets of $195K (revenue -2.7% year-over-year).
- 2019: Revenue of $263K, expenses of $241K, and assets of $184K (revenue +7.9% year-over-year).
- 2018: Revenue of $243K, expenses of $233K, and assets of $162K (revenue +3.6% year-over-year).
- 2017: Revenue of $235K, expenses of $219K, and assets of $151K (revenue -0.1% year-over-year).
- 2016: Revenue of $235K, expenses of $235K, and assets of $136K (revenue +169.8% year-over-year).
- 2015: Revenue of $87K, expenses of $74K, and assets of $136K (revenue -17.1% year-over-year).
- 2014: Revenue of $105K, expenses of $49K, and assets of $122K (revenue +59.7% year-over-year).
- 2013: Revenue of $66K, expenses of $66K, and assets of $70K (revenue +13.3% year-over-year).
- 2012: Revenue of $58K, expenses of $73K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barrington Tap In Inc:
Data Sources and Methodology
This transparency report for Barrington Tap In 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.