Bay Forrest Community Asso Inc
EIN: 760170908 · Houston, TX · NTEE: L50
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $712K |
| Net Assets | $508K |
Is Bay Forrest Community Asso Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bay Forrest Community Asso Inc
Bay Forrest Community Asso Inc (EIN: 760170908) is a nonprofit organization based in Houston, TX, classified under NTEE code L50. The organization reported total revenue of $1.2M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bay Forrest Community Asso Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bay Forrest Community Asso Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $726K |
| Total Expenses | $712K |
| Surplus / Deficit | +$14K |
| Total Assets | $998K |
| Total Liabilities | $490K |
| Net Assets | $508K |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 49.1% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, Bay Forrest Community Asso Inc reported a surplus of $14K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 49.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Bay Forrest Community Asso Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.6% | +16.4% | -2.4% |
| 2022 | -0.7% | -13.4% | +17.3% |
| 2021 | +5.7% | +14.8% | +27.9% |
| 2020 | -4.0% | -43.2% | -7.1% |
| 2019 | +1.5% | +19.8% | -40.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bay Forrest Community Asso Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bay Forrest Community Asso Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.1%.
Frequently Asked Questions about Bay Forrest Community Asso Inc
Is Bay Forrest Community Asso Inc a legitimate charity?
Bay Forrest Community Asso Inc (EIN: 760170908) is a registered tax-exempt nonprofit based in Texas. It has 14 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Bay Forrest Community Asso Inc spend its money?
Bay Forrest Community Asso Inc reported $1.2M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bay Forrest Community Asso Inc tax-deductible?
Bay Forrest Community Asso Inc is registered as a tax-exempt nonprofit (EIN: 760170908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bay Forrest Community Asso Inc located?
Bay Forrest Community Asso Inc is headquartered in Houston, Texas and files with the IRS under EIN 760170908. It is classified under NTEE code L50.
How many years of IRS 990 filings does Bay Forrest Community Asso Inc have?
Bay Forrest Community Asso Inc has 14 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Bay Forrest Community Asso Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Bay Forrest Community Asso Inc's revenue has grown by 17.4%, moving from $618K to $726K. Total assets increased by 54.6% over the same period, from $645K to $998K. Total functional expenses rose by 48.8%, from $479K to $712K. In its most recent filing year (2023), Bay Forrest Community Asso Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $490K in liabilities against $998K in assets (debt-to-asset ratio: 49.1%), resulting in net assets of $508K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $726K | $712K | $998K | $490K | — | View 990 |
| 2022 | $708K | $611K | $1.0M | $354K | — | View 990 |
| 2021 | $712K | $706K | $872K | $300K | — | View 990 |
| 2020 | $674K | $615K | $682K | $117K | — | View 990 |
| 2019 | $702K | $1.1M | $734K | $228K | — | View 990 |
| 2018 | $692K | $903K | $1.2M | $338K | — | View 990 |
| 2017 | $685K | $574K | $1.4M | $306K | — | View 990 |
| 2016 | $665K | $746K | $1.3M | $300K | — | View 990 |
| 2015 | $667K | $533K | $1.4M | $332K | — | View 990 |
| 2014 | $666K | $508K | $1.3M | $383K | — | View 990 |
| 2013 | $650K | $501K | $1.2M | $383K | — | View 990 |
| 2012 | $650K | $564K | $956K | $330K | — | View 990 |
| 2011 | $620K | $475K | $798K | $289K | — | View 990 |
| 2010 | $618K | $479K | $645K | $281K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $726K, expenses of $712K, and assets of $998K (revenue +2.6% year-over-year).
- 2022: Revenue of $708K, expenses of $611K, and assets of $1.0M (revenue -0.7% year-over-year).
- 2021: Revenue of $712K, expenses of $706K, and assets of $872K (revenue +5.7% year-over-year).
- 2020: Revenue of $674K, expenses of $615K, and assets of $682K (revenue -4.0% year-over-year).
- 2019: Revenue of $702K, expenses of $1.1M, and assets of $734K (revenue +1.5% year-over-year).
- 2018: Revenue of $692K, expenses of $903K, and assets of $1.2M (revenue +1.0% year-over-year).
- 2017: Revenue of $685K, expenses of $574K, and assets of $1.4M (revenue +3.1% year-over-year).
- 2016: Revenue of $665K, expenses of $746K, and assets of $1.3M (revenue -0.2% year-over-year).
- 2015: Revenue of $667K, expenses of $533K, and assets of $1.4M (revenue +0.1% year-over-year).
- 2014: Revenue of $666K, expenses of $508K, and assets of $1.3M (revenue +2.3% year-over-year).
- 2013: Revenue of $650K, expenses of $501K, and assets of $1.2M (revenue +0.1% year-over-year).
- 2012: Revenue of $650K, expenses of $564K, and assets of $956K (revenue +4.8% year-over-year).
- 2011: Revenue of $620K, expenses of $475K, and assets of $798K (revenue +0.3% year-over-year).
- 2010: Revenue of $618K, expenses of $479K, and assets of $645K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bay Forrest Community Asso Inc:
Data Sources and Methodology
This transparency report for Bay Forrest Community Asso 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.