Beck Foundation Inc
Beck Foundation Inc. consistently operates at a deficit, relying on substantial assets to fund operations.
EIN: 202214025 · Fairfax Sta, VA · NTEE: T20 · Updated: 2026-03-28
Is Beck Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beck Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beck Foundation Inc
Beck Foundation Inc (EIN: 202214025) is a nonprofit organization based in Fairfax Sta, VA, classified under NTEE code T20. The organization reported total revenue of $2.1M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beck Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beck Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $399K |
| Total Expenses | $519K |
| Surplus / Deficit | $-120,719 |
| Total Assets | $4.7M |
| Total Liabilities | $14K |
| Net Assets | $4.7M |
| Operating Margin | -30.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 108.8 months |
Financial Health Grade: B
In 2024, Beck Foundation Inc reported a deficit of $121K with expenses exceeding revenue, holds 108.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Beck Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +154.8% | +8.8% | -2.7% |
| 2023 | -55.1% | -21.4% | +1.1% |
| 2022 | -28.1% | +37.4% | -5.1% |
| 2021 | -37.1% | -5.8% | +1.3% |
| 2020 | -37.3% | -6.7% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1800 |
| IRS Ruling Date | 2006 |
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 Beck Foundation Inc with a Mission Score of 75 out of 100 (Good). 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, Beck 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $121K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated volunteers or compensated through an affiliated entity, which is a positive sign for minimizing overhead costs directly from the foundation's budget.
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 Beck Foundation Inc's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., $519,427 expenses vs. $398,708 revenue in 2024).
- Reliance on existing assets to cover annual expenses, which may not be sustainable indefinitely without increased revenue.
Strengths
The following positive indicators were identified for Beck Foundation Inc:
- Strong asset base, consistently around $4.7 million to $5 million, providing financial stability.
- No reported officer compensation, indicating efficient use of funds by minimizing executive overhead.
- Long history of IRS 990 filings (11 filings), suggesting consistent compliance and transparency.
Frequently Asked Questions about Beck Foundation Inc
Is Beck Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Beck Foundation Inc (EIN: 202214025) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Beck Foundation Inc spend its money?
Beck Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Beck Foundation Inc tax-deductible?
Beck Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202214025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Beck Foundation Inc. sustain operations with consistent revenue shortfalls?
The foundation appears to sustain operations by drawing from its substantial asset base, which has consistently been around $4.7 million to $5 million in recent years, despite annual expenses often exceeding revenues (e.g., $519,427 expenses vs. $398,708 revenue in 2024).
What is the primary source of the Beck Foundation's revenue?
While specific sources are not detailed, the fluctuating and often low revenue figures compared to assets suggest that investment income from its endowment or significant one-time contributions in prior periods likely play a crucial role, rather than consistent high annual public support.
Is the lack of officer compensation a red flag?
No, the consistent 0% officer compensation is generally a positive indicator, suggesting volunteer leadership or that compensation is handled by a related entity, which can lead to more funds being available for programmatic activities.
What is the trend in the foundation's assets?
The foundation's assets have shown a general upward trend over the long term, growing from $3,329,320 in 2016 to $4,709,516 in 2024, indicating sound asset management despite operational deficits.
Filing History
IRS 990 filing history for Beck Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Beck Foundation Inc's revenue has declined by 57%, moving from $928K to $399K. Total assets increased by 40.3% over the same period, from $3.4M to $4.7M. Total functional expenses rose by 133.8%, from $222K to $519K. In its most recent filing year (2024), Beck Foundation Inc reported a deficit of $121K, with expenses exceeding revenue. The organization holds $14K in liabilities against $4.7M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $399K | $519K | $4.7M | $14K | — | View 990 |
| 2023 | $156K | $477K | $4.8M | $23K | — | View 990 |
| 2022 | $348K | $608K | $4.8M | $71K | — | View 990 |
| 2021 | $484K | $442K | $5.0M | $68K | — | View 990 |
| 2020 | $769K | $469K | $5.0M | $32K | — | View 990 |
| 2019 | $1.2M | $503K | $4.9M | $67K | — | View 990 |
| 2016 | $194K | $312K | $3.3M | $132K | — | View 990 |
| 2015 | $250K | $292K | $3.3M | $30K | — | View 990 |
| 2014 | $293K | $334K | $3.4M | $1 | — | View 990 |
| 2013 | $361K | $304K | $3.4M | $1K | — | View 990 |
| 2012 | $928K | $222K | $3.4M | $952 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $399K, expenses of $519K, and assets of $4.7M (revenue +154.8% year-over-year).
- 2023: Revenue of $156K, expenses of $477K, and assets of $4.8M (revenue -55.1% year-over-year).
- 2022: Revenue of $348K, expenses of $608K, and assets of $4.8M (revenue -28.1% year-over-year).
- 2021: Revenue of $484K, expenses of $442K, and assets of $5.0M (revenue -37.1% year-over-year).
- 2020: Revenue of $769K, expenses of $469K, and assets of $5.0M (revenue -37.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $503K, and assets of $4.9M (revenue +533.3% year-over-year).
- 2016: Revenue of $194K, expenses of $312K, and assets of $3.3M (revenue -22.6% year-over-year).
- 2015: Revenue of $250K, expenses of $292K, and assets of $3.3M (revenue -14.6% year-over-year).
- 2014: Revenue of $293K, expenses of $334K, and assets of $3.4M (revenue -18.9% year-over-year).
- 2013: Revenue of $361K, expenses of $304K, and assets of $3.4M (revenue -61.1% year-over-year).
- 2012: Revenue of $928K, expenses of $222K, and assets of $3.4M.
Data Sources and Methodology
This transparency report for Beck 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.