Bedrock Liberty Foundation Inc
EIN: 452207620 · Lakewood, NJ · NTEE: X129
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $366K |
| Net Assets | $4.8M |
Is Bedrock Liberty Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bedrock Liberty Foundation Inc
Bedrock Liberty Foundation Inc (EIN: 452207620) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code X129. The organization reported total revenue of $2.2M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bedrock Liberty Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bedrock Liberty Foundation Inc is a mid-size nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $306K |
| Total Expenses | $366K |
| Surplus / Deficit | $-59,161 |
| Total Assets | $5.0M |
| Total Liabilities | $199K |
| Net Assets | $4.8M |
| Operating Margin | -19.3% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 164.3 months |
Financial Health Grade: B
In 2023, Bedrock Liberty Foundation Inc reported a deficit of $59K with expenses exceeding revenue, holds 164.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bedrock Liberty Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.6% | -14.4% | -1.2% |
| 2022 | -30.1% | +43.1% | -0.6% |
| 2021 | +53.9% | +0.9% | -0.7% |
| 2020 | -71.3% | -5.2% | -5.0% |
| 2019 | +-0.0% | +104.1% | +21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bedrock Liberty Foundation 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 Bedrock Liberty Foundation 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 deficit of $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.0%.
Frequently Asked Questions about Bedrock Liberty Foundation Inc
Is Bedrock Liberty Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bedrock Liberty Foundation Inc (EIN: 452207620) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bedrock Liberty Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Bedrock Liberty Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Bedrock Liberty Foundation Inc tax-deductible?
Bedrock Liberty Foundation Inc is registered as a tax-exempt nonprofit (EIN: 452207620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bedrock Liberty Foundation Inc located?
Bedrock Liberty Foundation Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 452207620. It is classified under NTEE code X129.
How many years of IRS 990 filings does Bedrock Liberty Foundation Inc have?
Bedrock Liberty Foundation Inc 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Bedrock Liberty Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bedrock Liberty Foundation Inc's revenue has declined by 38.7%, moving from $500K to $306K. Total assets increased by 909.3% over the same period, from $496K to $5.0M. Total functional expenses rose by 4959.2%, from $7K to $366K. In its most recent filing year (2023), Bedrock Liberty Foundation Inc reported a deficit of $59K, with expenses exceeding revenue. The organization holds $199K in liabilities against $5.0M in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $306K | $366K | $5.0M | $199K | — | — |
| 2022 | $199K | $427K | $5.1M | $199K | — | View 990 |
| 2021 | $285K | $298K | $5.1M | $1 | — | — |
| 2020 | $185K | $296K | $5.1M | $25K | — | — |
| 2019 | $646K | $312K | $5.4M | $185K | — | View 990 |
| 2015 | $646K | $153K | $4.4M | $400K | — | View 990 |
| 2014 | $1.4M | $225K | $3.6M | $1 | — | View 990 |
| 2013 | $1.0M | $75K | $2.4M | $3K | — | View 990 |
| 2012 | $1.0M | $42K | $1.5M | $3K | — | View 990 |
| 2011 | $500K | $7K | $496K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $306K, expenses of $366K, and assets of $5.0M (revenue +53.6% year-over-year).
- 2022: Revenue of $199K, expenses of $427K, and assets of $5.1M (revenue -30.1% year-over-year).
- 2021: Revenue of $285K, expenses of $298K, and assets of $5.1M (revenue +53.9% year-over-year).
- 2020: Revenue of $185K, expenses of $296K, and assets of $5.1M (revenue -71.3% year-over-year).
- 2019: Revenue of $646K, expenses of $312K, and assets of $5.4M (revenue +-0.0% year-over-year).
- 2015: Revenue of $646K, expenses of $153K, and assets of $4.4M (revenue -53.9% year-over-year).
- 2014: Revenue of $1.4M, expenses of $225K, and assets of $3.6M (revenue +40.0% year-over-year).
- 2013: Revenue of $1.0M, expenses of $75K, and assets of $2.4M (revenue +0.0% year-over-year).
- 2012: Revenue of $1.0M, expenses of $42K, and assets of $1.5M (revenue +100.0% year-over-year).
- 2011: Revenue of $500K, expenses of $7K, and assets of $496K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bedrock Liberty Foundation Inc:
Data Sources and Methodology
This transparency report for Bedrock Liberty 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.