Bear Creek Foundation
EIN: 823594634 · Omaha, NE · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $201K |
| Total Expenses | $209K |
| Net Assets | $155K |
Is Bear Creek Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bear Creek Foundation
Bear Creek Foundation (EIN: 823594634) is a nonprofit organization based in Omaha, NE, classified under NTEE code T20. The organization reported total revenue of $201K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bear Creek Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bear Creek Foundation is a small nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of -49.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $209K |
| Surplus / Deficit | $-205,975 |
| Total Assets | $155K |
| Total Liabilities | $1 |
| Net Assets | $155K |
| Operating Margin | -7805.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 8.9 months |
Financial Health Grade: B
In 2021, Bear Creek Foundation reported a deficit of $206K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2019–2021), Bear Creek Foundation's revenue has declined at a compound annual growth rate (CAGR) of -49.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -76.2% | +491.4% | -57.0% |
| 2020 | +6.4% | +34.8% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bear Creek Foundation 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 Bear Creek Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $206K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Bear Creek Foundation
Is Bear Creek Foundation a legitimate charity?
Bear Creek Foundation (EIN: 823594634) is a registered tax-exempt nonprofit based in Nebraska. It has 3 years of IRS 990 filings on record. Total revenue: $201K. No red flags identified. Financial health grade: B.
How does Bear Creek Foundation spend its money?
Bear Creek Foundation reported $201K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bear Creek Foundation tax-deductible?
Bear Creek Foundation is registered as a tax-exempt nonprofit (EIN: 823594634). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bear Creek Foundation located?
Bear Creek Foundation is headquartered in Omaha, Nebraska and files with the IRS under EIN 823594634. It is classified under NTEE code T20.
How many years of IRS 990 filings does Bear Creek Foundation have?
Bear Creek Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $201K in total revenue.
Filing History
IRS 990 filing history for Bear Creek Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Bear Creek Foundation's revenue has declined by 74.7%, moving from $10K to $3K. Total assets decreased by 59.7% over the same period, from $386K to $155K. Total functional expenses rose by 697.1%, from $26K to $209K. In its most recent filing year (2021), Bear Creek Foundation reported a deficit of $206K, with expenses exceeding revenue. The organization holds $1 in liabilities against $155K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $3K | $209K | $155K | $1 | — | — |
| 2020 | $11K | $35K | $361K | $1 | — | View 990 |
| 2019 | $10K | $26K | $386K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $3K, expenses of $209K, and assets of $155K (revenue -76.2% year-over-year).
- 2020: Revenue of $11K, expenses of $35K, and assets of $361K (revenue +6.4% year-over-year).
- 2019: Revenue of $10K, expenses of $26K, and assets of $386K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bear Creek Foundation:
Data Sources and Methodology
This transparency report for Bear Creek 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.