Batesville Education Foundation Inc
Batesville Education Foundation experiences sharp revenue decline and net loss in latest fiscal year.
EIN: 134339822 · Sulphur Rock, AR · NTEE: B94 · Updated: 2026-03-28
Is Batesville Education Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Batesville Education Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Batesville Education Foundation Inc
Batesville Education Foundation Inc (EIN: 134339822) is a nonprofit organization based in Sulphur Rock, AR, classified under NTEE code B94. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Batesville Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Batesville Education Foundation Inc is a micro nonprofit that has been operating for 19 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -97.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $51K |
| Surplus / Deficit | $-40,795 |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | -408.0% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Batesville Education Foundation Inc reported a deficit of $41K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2022–2023), Batesville Education Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -97.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -97.9% | -88.1% | -71.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Batesville Education Foundation Inc with a Mission Score of 45 out of 100 (Fair). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Batesville Education Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $41K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation was reported as 0% in both available periods, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is positive for minimizing overhead.
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 Batesville Education Foundation Inc's IRS 990 filings:
- Dramatic 98% decline in revenue from $475,109 to $10,000 in one year.
- Expenses ($50,795) significantly exceeded revenue ($10,000) in the latest period, leading to a net loss.
- Significant reduction in assets from $57,272 to $16,477, indicating financial strain.
Strengths
The following positive indicators were identified for Batesville Education Foundation Inc:
- No officer compensation reported, suggesting efficient use of funds at the leadership level.
- No reported liabilities in either filing, indicating a debt-free status.
Frequently Asked Questions about Batesville Education Foundation Inc
Is Batesville Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Batesville Education Foundation Inc (EIN: 134339822) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Batesville Education Foundation Inc spend its money?
Batesville Education Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Batesville Education Foundation Inc tax-deductible?
Batesville Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134339822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the dramatic drop in revenue from $475,109 in 2022 to $10,000 in 2023?
The filings do not provide specific reasons for this decline, but it is the most significant financial change and warrants further investigation into funding sources and operational changes.
How does the organization plan to cover its expenses of $50,795 with only $10,000 in revenue, as seen in the 202312 period?
The organization incurred a net loss in the 202312 period, drawing down its assets. Sustaining operations at this expense level with current revenue is not feasible long-term without new funding.
What specific programs did the organization fund with its $428,390 in expenses during the 202212 period?
The summary data does not detail specific program expenditures, but the higher expense level suggests more active program delivery in that period.
Filing History
IRS 990 filing history for Batesville Education Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Batesville Education Foundation Inc's revenue has declined by 97.9%, moving from $475K to $10K. Total assets decreased by 71.2% over the same period, from $57K to $16K. Total functional expenses fell by 88.1%, from $428K to $51K. In its most recent filing year (2023), Batesville Education Foundation Inc reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $51K | $16K | $0 | — | — |
| 2022 | $475K | $428K | $57K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Batesville Education Foundation Inc:
Data Sources and Methodology
This transparency report for Batesville Education Foundation 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.