Beginning With Children Foundation Inc
Beginning With Children Foundation Inc shows strong asset growth and consistent surpluses, with zero reported officer compensation, but a significant increase in liabilities in 2023.
EIN: 133593810 · Brooklyn, NY · NTEE: B99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.0M |
| Total Expenses | $6.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $53,769,043 |
| Net Assets | $17.9M |
| Transparency Score | 90/100 |
Is Beginning With Children Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beginning With Children Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beginning With Children Foundation Inc
Beginning With Children Foundation Inc (EIN: 133593810) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B99Z. The organization reported total revenue of $9.0M and total assets of $57.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beginning With Children Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beginning With Children Foundation Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.4M |
| Total Expenses | $6.0M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $53.8M |
| Total Liabilities | $35.9M |
| Net Assets | $17.9M |
| Operating Margin | 18.8% |
| Debt-to-Asset Ratio | 66.7% |
| Months of Reserves | 106.9 months |
Financial Health Grade: A
In 2023, Beginning With Children Foundation Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 106.9 months of operating reserves (strong position), has a debt-to-asset ratio of 66.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Beginning With Children Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +89.3% | +64.5% | +224.4% |
| 2022 | -0.3% | -0.2% | -1.3% |
| 2021 | +17.0% | +17.1% | +4.6% |
| 2020 | +15.0% | +14.7% | +2.5% |
| 2019 | -75.5% | -4.8% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Beginning With Children Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Beginning With Children Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for an organization with assets of $53,769,043 in 2023.
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 Beginning With Children Foundation Inc's IRS 990 filings:
- Significant increase in liabilities from $347,460 to $35,873,112 in the latest filing period (202306), which warrants further investigation into its nature and repayment terms.
Strengths
The following positive indicators were identified for Beginning With Children Foundation Inc:
- Consistent reporting of 0% officer compensation across all available filings, indicating strong financial stewardship.
- Significant asset growth from $16,575,990 in 202206 to $53,769,043 in 202306, demonstrating increased financial capacity.
- Consistent revenue surpluses in recent years, such as $1,395,540 in 202306 and $256,641 in 202206, indicating effective financial management.
- Strong program focus implied by the absence of executive compensation, suggesting resources are directed towards mission-related activities.
Frequently Asked Questions about Beginning With Children Foundation Inc
Is Beginning With Children Foundation Inc a legitimate charity?
Beginning With Children Foundation Inc (EIN: 133593810) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Beginning With Children Foundation Inc spend its money?
Beginning With Children Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Beginning With Children Foundation Inc tax-deductible?
Beginning With Children Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133593810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Beginning With Children Foundation Inc CEO make?
Beginning With Children Foundation Inc's highest-compensated officer earns $53,769,043 annually. The organization reported $9.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Beginning With Children Foundation Inc's spending goes to programs?
Beginning With Children Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Beginning With Children Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Beginning With Children Foundation Inc is above average for NTEE category B99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Beginning With Children Foundation Inc located?
Beginning With Children Foundation Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133593810. It is classified under NTEE code B99Z.
How many years of IRS 990 filings does Beginning With Children Foundation Inc have?
Beginning With Children Foundation Inc has 13 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 $9.0M in total revenue.
What caused the substantial increase in assets and liabilities between 202206 and 202306?
The assets increased from $16,575,990 to $53,769,043, and liabilities from $347,460 to $35,873,112. This significant change likely indicates a major capital investment, such as the acquisition of property or a large endowment, which would be detailed in the full IRS 990 filing.
How does the organization sustain its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be voluntary, compensated through other means not classified as officer compensation, or that the organization relies on other staff for operational management, allowing more funds to be directed to programs.
What is the long-term plan for managing the increased liabilities?
With liabilities rising to $35,873,112 in 202306, understanding the repayment schedule and the nature of these liabilities (e.g., mortgages, bonds) is crucial for assessing the organization's future financial stability.
Filing History
IRS 990 filing history for Beginning With Children Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Beginning With Children Foundation Inc's revenue has grown by 169.6%, moving from $2.8M to $7.4M. Total assets increased by 665.2% over the same period, from $7.0M to $53.8M. Total functional expenses rose by 96.4%, from $3.1M to $6.0M. In its most recent filing year (2023), Beginning With Children Foundation Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $35.9M in liabilities against $53.8M in assets (debt-to-asset ratio: 66.7%), resulting in net assets of $17.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.4M | $6.0M | $53.8M | $35.9M | — | View 990 |
| 2022 | $3.9M | $3.7M | $16.6M | $347K | — | View 990 |
| 2021 | $3.9M | $3.7M | $16.8M | $343K | — | View 990 |
| 2020 | $3.4M | $3.1M | $16.1M | $556K | — | View 990 |
| 2019 | $2.9M | $2.7M | $15.7M | $397K | — | View 990 |
| 2018 | $11.9M | $2.9M | $15.4M | $388K | — | View 990 |
| 2017 | $2.2M | $2.2M | $6.4M | $415K | — | View 990 |
| 2016 | $2.1M | $2.3M | $6.0M | $221K | — | View 990 |
| 2015 | $2.3M | $2.4M | $6.0M | $118K | — | View 990 |
| 2014 | $2.5M | $2.6M | $6.0M | $93K | — | View 990 |
| 2013 | $2.1M | $2.5M | $5.9M | $149K | — | View 990 |
| 2012 | $2.2M | $3.3M | $6.0M | $156K | — | View 990 |
| 2011 | $2.8M | $3.1M | $7.0M | $155K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.4M, expenses of $6.0M, and assets of $53.8M (revenue +89.3% year-over-year).
- 2022: Revenue of $3.9M, expenses of $3.7M, and assets of $16.6M (revenue -0.3% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.7M, and assets of $16.8M (revenue +17.0% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.1M, and assets of $16.1M (revenue +15.0% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.7M, and assets of $15.7M (revenue -75.5% year-over-year).
- 2018: Revenue of $11.9M, expenses of $2.9M, and assets of $15.4M (revenue +434.6% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $6.4M (revenue +8.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.3M, and assets of $6.0M (revenue -12.1% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.4M, and assets of $6.0M (revenue -7.1% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.6M, and assets of $6.0M (revenue +17.6% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.5M, and assets of $5.9M (revenue -3.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $3.3M, and assets of $6.0M (revenue -19.3% year-over-year).
- 2011: Revenue of $2.8M, expenses of $3.1M, and assets of $7.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beginning With Children Foundation Inc:
Data Sources and Methodology
This transparency report for Beginning With Children 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.