Bauman Family Foundation

Bauman Family Foundation consistently spends down assets, reporting zero officer compensation.

EIN: 133119290 · Fairfield, NJ · Updated: 2026-03-28

$5.8MRevenue

$10.8MAssets

85/100Mission Score (Excellent)

About Bauman Family Foundation

Bauman Family Foundation (EIN: 133119290) is a nonprofit organization based in Fairfield, NJ. The organization reported total revenue of $5.8M and total assets of $10.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bauman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Bauman Family Foundation exhibits a consistent pattern of spending significantly more than its annual revenue, drawing down its assets over time. For instance, in the 202406 period, the foundation reported revenue of $1,074,127 against expenses of $9,879,764, leading to a substantial deficit. This operational model, typical for a private foundation distributing its endowment, has resulted in a decrease in assets from $88,417,486 in 2012 to $11,590,616 in 2024. The foundation consistently reports zero officer compensation, which is a positive indicator of resource allocation towards its mission rather than administrative overhead related to executive salaries. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency beyond the overall revenue-to-expense ratio.

The foundation's financial health, while showing a significant reduction in assets, appears to be a deliberate strategy of asset distribution rather than financial distress, given its consistent operational deficits. The low liabilities across all reported periods (often $1 or $0) suggest a healthy balance sheet in terms of debt. The lack of officer compensation enhances transparency regarding executive pay, but the absence of NTEE code and detailed expense breakdowns limits a comprehensive assessment of its programmatic focus and efficiency. Further transparency on how the substantial expenses are categorized would provide a clearer picture of its spending efficiency and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bauman Family Foundation 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: 90%
fundraising: 0%

According to IRS 990 filings, Bauman Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Bauman Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable for resource allocation.

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 Bauman Family Foundation's IRS 990 filings:

Lack of detailed expense breakdown (program, admin, fundraising) in provided data
NTEE code is unknown, limiting understanding of mission area

Strengths

The following positive indicators were identified for Bauman Family Foundation:

Consistent zero officer compensation
Very low liabilities across all periods
Clear strategy of asset distribution for mission fulfillment
Significant historical asset base for philanthropic activity

Frequently Asked Questions about Bauman Family Foundation

Is the Bauman Family Foundation a good charity?

Based on the available data, the foundation appears to be effectively distributing its assets towards its mission, as evidenced by consistent high expenses relative to revenue and zero officer compensation. However, without detailed program expense breakdowns, it's difficult to fully assess the direct impact of its spending.

Why are the expenses consistently higher than revenue?

This pattern is typical for a private foundation that is actively distributing its endowment or principal over time, rather than solely operating on investment income. The significant difference, such as $1,074,127 in revenue vs. $9,879,764 in expenses in 2024, indicates a deliberate strategy of asset distribution.

What is the trend in the foundation's assets?

The foundation's assets have significantly decreased over the filing periods, from $88,417,486 in 2012 to $11,590,616 in 2024, reflecting its strategy of spending down its principal.

How does the foundation manage its liabilities?

The foundation consistently reports very low liabilities, often $0 or $1, across all filing periods, indicating a very strong financial position in terms of debt management.

What is the NTEE code for this organization?

The NTEE code for the Bauman Family Foundation is currently unknown based on the provided data, which limits specific categorization of its programmatic focus.

Filing History

IRS 990 filing history for Bauman Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2024), Bauman Family Foundation's revenue has declined by 56.4%, moving from $2.5M to $1.1M. Total assets decreased by 86.9% over the same period, from $88.4M to $11.6M. Total functional expenses rose by 19.2%, from $8.3M to $9.9M. In its most recent filing year (2024), Bauman Family Foundation reported a deficit of $8.8M, with expenses exceeding revenue. The organization holds $1 in liabilities against $11.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$1.1M	$9.9M	$11.6M	$1	—	View 990
2023	$591K	$3.5M	$20.4M	$1	—	—
2022	$2.8M	$10.5M	$23.3M	$1	—	View 990
2021	$2.1M	$6.4M	$31.0M	$1	—	View 990
2020	$1.8M	$8.6M	$36.8M	$20K	—	View 990
2016	$3.3M	$7.7M	$56.3M	$4K	—	View 990
2015	$5.1M	$9.0M	$70.9M	$4K	—	View 990
2014	$7.2M	$8.2M	$84.1M	$4K	—	View 990
2013	$4.8M	$9.2M	$84.4M	$0	—	View 990
2012	$2.5M	$8.3M	$88.4M	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $1.1M, expenses of $9.9M, and assets of $11.6M (revenue +81.8% year-over-year).
2023: Revenue of $591K, expenses of $3.5M, and assets of $20.4M (revenue -78.9% year-over-year).
2022: Revenue of $2.8M, expenses of $10.5M, and assets of $23.3M (revenue +36.2% year-over-year).
2021: Revenue of $2.1M, expenses of $6.4M, and assets of $31.0M (revenue +15.3% year-over-year).
2020: Revenue of $1.8M, expenses of $8.6M, and assets of $36.8M (revenue -46.3% year-over-year).
2016: Revenue of $3.3M, expenses of $7.7M, and assets of $56.3M (revenue -35.1% year-over-year).
2015: Revenue of $5.1M, expenses of $9.0M, and assets of $70.9M (revenue -29.5% year-over-year).
2014: Revenue of $7.2M, expenses of $8.2M, and assets of $84.1M (revenue +49.5% year-over-year).
2013: Revenue of $4.8M, expenses of $9.2M, and assets of $84.4M (revenue +96.4% year-over-year).
2012: Revenue of $2.5M, expenses of $8.3M, and assets of $88.4M.

Data Sources and Methodology

This transparency report for Bauman 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.