Beane Family Foundation 862 74 C21
EIN: 311560574 · Pennington, NJ · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $931K |
| Total Expenses | $237K |
| Net Assets | $2.5M |
Is Beane Family Foundation 862 74 C21 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beane Family Foundation 862 74 C21
Beane Family Foundation 862 74 C21 (EIN: 311560574) is a nonprofit organization based in Pennington, NJ, classified under NTEE code T22Z. The organization reported total revenue of $931K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beane Family Foundation 862 74 C21's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beane Family Foundation 862 74 C21 is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $282K |
| Total Expenses | $237K |
| Surplus / Deficit | +$45K |
| Total Assets | $2.5M |
| Total Liabilities | $1 |
| Net Assets | $2.5M |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 126.0 months |
Financial Health Grade: A
In 2023, Beane Family Foundation 862 74 C21 reported a surplus of $45K with revenue exceeding expenses, holds 126.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Beane Family Foundation 862 74 C21's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +107.6% | -1.0% | +1.7% |
| 2022 | -54.1% | +15.8% | -4.1% |
| 2021 | +171.7% | +1.1% | +3.6% |
| 2020 | -43.6% | +0.7% | -3.7% |
| 2019 | +38.8% | -3.5% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Beane Family Foundation 862 74 C21 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 Beane Family Foundation 862 74 C21 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 $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Beane Family Foundation 862 74 C21
Is Beane Family Foundation 862 74 C21 a legitimate charity?
Based on AI analysis of IRS 990 filings, Beane Family Foundation 862 74 C21 (EIN: 311560574) insufficient data. 0 red flags identified, 0 strengths noted.
How does Beane Family Foundation 862 74 C21 spend its money?
Detailed spending breakdown data is not yet available for Beane Family Foundation 862 74 C21. Check back for updated IRS 990 analysis.
Are donations to Beane Family Foundation 862 74 C21 tax-deductible?
Beane Family Foundation 862 74 C21 is registered as a tax-exempt nonprofit (EIN: 311560574). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beane Family Foundation 862 74 C21 located?
Beane Family Foundation 862 74 C21 is headquartered in Pennington, New Jersey and files with the IRS under EIN 311560574. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Beane Family Foundation 862 74 C21 have?
Beane Family Foundation 862 74 C21 has 10 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 $931K in total revenue.
Filing History
IRS 990 filing history for Beane Family Foundation 862 74 C21 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Beane Family Foundation 862 74 C21's revenue has grown by 176.5%, moving from $102K to $282K. Total assets decreased by 4.7% over the same period, from $2.6M to $2.5M. Total functional expenses rose by 59.3%, from $149K to $237K. In its most recent filing year (2023), Beane Family Foundation 862 74 C21 reported a surplus of $45K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $282K | $237K | $2.5M | $1 | — | View 990 |
| 2022 | $136K | $239K | $2.4M | $1 | — | View 990 |
| 2021 | $296K | $207K | $2.5M | $1 | — | — |
| 2020 | $109K | $204K | $2.5M | $1 | — | — |
| 2019 | $193K | $203K | $2.6M | $1 | — | View 990 |
| 2015 | $139K | $210K | $2.5M | $0 | — | View 990 |
| 2014 | $179K | $189K | $2.5M | $0 | — | View 990 |
| 2013 | $138K | $174K | $2.5M | $0 | — | View 990 |
| 2012 | $130K | $163K | $2.6M | $0 | — | View 990 |
| 2011 | $102K | $149K | $2.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $282K, expenses of $237K, and assets of $2.5M (revenue +107.6% year-over-year).
- 2022: Revenue of $136K, expenses of $239K, and assets of $2.4M (revenue -54.1% year-over-year).
- 2021: Revenue of $296K, expenses of $207K, and assets of $2.5M (revenue +171.7% year-over-year).
- 2020: Revenue of $109K, expenses of $204K, and assets of $2.5M (revenue -43.6% year-over-year).
- 2019: Revenue of $193K, expenses of $203K, and assets of $2.6M (revenue +38.8% year-over-year).
- 2015: Revenue of $139K, expenses of $210K, and assets of $2.5M (revenue -22.3% year-over-year).
- 2014: Revenue of $179K, expenses of $189K, and assets of $2.5M (revenue +29.2% year-over-year).
- 2013: Revenue of $138K, expenses of $174K, and assets of $2.5M (revenue +6.3% year-over-year).
- 2012: Revenue of $130K, expenses of $163K, and assets of $2.6M (revenue +27.9% year-over-year).
- 2011: Revenue of $102K, expenses of $149K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beane Family Foundation 862 74 C21:
Data Sources and Methodology
This transparency report for Beane Family Foundation 862 74 C21 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.