Barrow Group Inc
Barrow Group Inc. shows consistent revenue growth and zero reported officer compensation, but recent liabilities have surged.
EIN: 133411791 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.0M |
| Program Spending | 80% |
| Net Assets | $3.3M |
| Transparency Score | 85/100 |
Is Barrow Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Barrow Group Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Barrow Group Inc
Barrow Group Inc (EIN: 133411791) is a nonprofit organization based in New York, NY. The organization reported total revenue of $3.8M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barrow Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barrow Group Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-168,696 |
| Total Assets | $11.2M |
| Total Liabilities | $8.0M |
| Net Assets | $3.3M |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 71.0% |
| Months of Reserves | 45.2 months |
Financial Health Grade: C
In 2023, Barrow Group Inc reported a deficit of $169K with expenses exceeding revenue, holds 45.2 months of operating reserves (strong position), has a debt-to-asset ratio of 71.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Barrow Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.5% | +58.4% | +168.0% |
| 2022 | +58.1% | +43.6% | +41.6% |
| 2021 | -14.8% | -47.1% | +47.2% |
| 2020 | +1.6% | +1.7% | +8.1% |
| 2019 | +6.2% | +12.7% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1987 |
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 Barrow Group 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: 80%
- fundraising: 10%
According to IRS 990 filings, Barrow Group Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $169K, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.0%.
Executive Compensation Analysis
The Barrow Group Inc. consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a strong positive for minimizing administrative costs and maximizing resources for its mission.
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 Barrow Group Inc's IRS 990 filings:
- Significant increase in liabilities from $704,749 in 202206 to $7,984,315 in 202306, requiring further explanation.
- Operating deficit of $168,696 in the 202306 period, where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Barrow Group Inc:
- Consistent revenue growth over the past decade, from $1,216,726 in 201406 to $3,771,731 currently.
- Zero reported officer compensation across all available filings, indicating efficient use of funds for executive pay.
- Strong asset growth, with assets increasing from $817,732 in 201406 to $10,655,287 currently.
- Generally positive net assets, indicating financial stability over time despite recent liability increases.
Frequently Asked Questions about Barrow Group Inc
Is Barrow Group Inc a legitimate charity?
Barrow Group Inc (EIN: 133411791) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Barrow Group Inc spend its money?
Barrow Group Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Barrow Group Inc tax-deductible?
Barrow Group Inc is registered as a tax-exempt nonprofit (EIN: 133411791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Barrow Group Inc's spending goes to programs?
Barrow Group Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Barrow Group Inc located?
Barrow Group Inc is headquartered in New York, New York and files with the IRS under EIN 133411791.
How many years of IRS 990 filings does Barrow Group Inc have?
Barrow Group 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 $3.8M in total revenue.
What caused the significant increase in liabilities from $704,749 in 202206 to $7,984,315 in 202306?
The IRS 990 data shows a dramatic increase in liabilities in the 202306 period. Without access to the full Form 990, the specific nature of these liabilities (e.g., debt, deferred revenue, capital leases) cannot be determined, but it represents a substantial financial shift.
Why did the organization experience a deficit in the 202306 period, with expenses exceeding revenue by $168,696?
While the organization generally operates with a surplus, the 202306 filing shows expenses of $2,983,680 against revenue of $2,814,984. This could be due to increased program spending, one-time capital expenditures, or a temporary dip in revenue, requiring further detail from the full filing.
How does the organization manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be compensated through other means not classified as officer compensation on the 990 (e.g., as regular employees if not considered 'officers' for 990 purposes), or that leadership is entirely volunteer-based. This is a notable aspect of their financial structure.
Filing History
IRS 990 filing history for Barrow Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Barrow Group Inc's revenue has grown by 442.6%, moving from $519K to $2.8M. Total assets increased by 3304.4% over the same period, from $330K to $11.2M. Total functional expenses rose by 456.5%, from $536K to $3.0M. In its most recent filing year (2023), Barrow Group Inc reported a deficit of $169K, with expenses exceeding revenue. The organization holds $8.0M in liabilities against $11.2M in assets (debt-to-asset ratio: 71.0%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $3.0M | $11.2M | $8.0M | — | — |
| 2022 | $3.4M | $1.9M | $4.2M | $705K | — | View 990 |
| 2021 | $2.2M | $1.3M | $3.0M | $855K | — | View 990 |
| 2020 | $2.5M | $2.5M | $2.0M | $789K | — | View 990 |
| 2019 | $2.5M | $2.4M | $1.9M | $522K | — | View 990 |
| 2018 | $2.3M | $2.2M | $1.8M | $538K | — | View 990 |
| 2017 | $2.2M | $2.0M | $1.5M | $386K | — | View 990 |
| 2016 | $1.9M | $1.8M | $1.3M | $407K | — | View 990 |
| 2015 | $1.9M | $1.6M | $1.0M | $222K | — | View 990 |
| 2014 | $1.2M | $1.2M | $818K | $360K | — | View 990 |
| 2013 | $1.0M | $800K | $464K | $71K | — | View 990 |
| 2012 | $653K | $669K | $321K | $152K | — | View 990 |
| 2011 | $519K | $536K | $330K | $145K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $3.0M, and assets of $11.2M (revenue -17.5% year-over-year).
- 2022: Revenue of $3.4M, expenses of $1.9M, and assets of $4.2M (revenue +58.1% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.3M, and assets of $3.0M (revenue -14.8% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.5M, and assets of $2.0M (revenue +1.6% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.4M, and assets of $1.9M (revenue +6.2% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.2M, and assets of $1.8M (revenue +7.8% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.0M, and assets of $1.5M (revenue +14.8% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.8M, and assets of $1.3M (revenue +0.3% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.6M, and assets of $1.0M (revenue +55.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $818K (revenue +18.7% year-over-year).
- 2013: Revenue of $1.0M, expenses of $800K, and assets of $464K (revenue +56.9% year-over-year).
- 2012: Revenue of $653K, expenses of $669K, and assets of $321K (revenue +25.9% year-over-year).
- 2011: Revenue of $519K, expenses of $536K, and assets of $330K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barrow Group Inc:
Data Sources and Methodology
This transparency report for Barrow Group 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.