Bergstrom Foundation
EIN: 464591289 · Key Col Bch, FL · NTEE: T99
| Metric | Value |
|---|---|
| Total Revenue | $889K |
| Total Expenses | $275K |
| Net Assets | $3.1M |
Is Bergstrom Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bergstrom Foundation
Bergstrom Foundation (EIN: 464591289) is a nonprofit organization based in Key Col Bch, FL, classified under NTEE code T99. The organization reported total revenue of $889K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bergstrom Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bergstrom Foundation is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 184.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $593K |
| Total Expenses | $275K |
| Surplus / Deficit | +$318K |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | 53.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 135.9 months |
Financial Health Grade: A
In 2023, Bergstrom Foundation reported a surplus of $318K with revenue exceeding expenses, holds 135.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Bergstrom Foundation's revenue has grown at a compound annual growth rate (CAGR) of 184.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +188.8% | -41.4% | +11.1% |
| 2022 | -87.3% | -24.0% | -8.7% |
| 2021 | +241.9% | +35.2% | +39.6% |
| 2020 | -64.6% | +40.4% | -6.5% |
| 2019 | +1267.5% | +351.7% | +142.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bergstrom 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 Bergstrom 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $318K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Bergstrom Foundation
Is Bergstrom Foundation a legitimate charity?
Bergstrom Foundation (EIN: 464591289) is a registered tax-exempt nonprofit based in Florida. It has 7 years of IRS 990 filings on record. Total revenue: $889K. No red flags identified. Financial health grade: A.
How does Bergstrom Foundation spend its money?
Bergstrom Foundation reported $889K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bergstrom Foundation tax-deductible?
Bergstrom Foundation is registered as a tax-exempt nonprofit (EIN: 464591289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bergstrom Foundation located?
Bergstrom Foundation is headquartered in Key Col Bch, Florida and files with the IRS under EIN 464591289. It is classified under NTEE code T99.
How many years of IRS 990 filings does Bergstrom Foundation have?
Bergstrom Foundation has 7 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 $889K in total revenue.
Filing History
IRS 990 filing history for Bergstrom Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Bergstrom Foundation's revenue has grown by 1235316.7%, moving from $48 to $593K. Total assets increased by 229.1% over the same period, from $948K to $3.1M. Total functional expenses rose by 43402.7%, from $633 to $275K. In its most recent filing year (2023), Bergstrom Foundation reported a surplus of $318K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $593K | $275K | $3.1M | $1 | — | View 990 |
| 2022 | $205K | $470K | $2.8M | $1 | — | View 990 |
| 2021 | $1.6M | $618K | $3.1M | $1 | — | View 990 |
| 2020 | $474K | $457K | $2.2M | $1 | — | View 990 |
| 2019 | $1.3M | $326K | $2.4M | $1 | — | View 990 |
| 2015 | $98K | $72K | $972K | $1 | — | View 990 |
| 2014 | $48 | $633 | $948K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $593K, expenses of $275K, and assets of $3.1M (revenue +188.8% year-over-year).
- 2022: Revenue of $205K, expenses of $470K, and assets of $2.8M (revenue -87.3% year-over-year).
- 2021: Revenue of $1.6M, expenses of $618K, and assets of $3.1M (revenue +241.9% year-over-year).
- 2020: Revenue of $474K, expenses of $457K, and assets of $2.2M (revenue -64.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $326K, and assets of $2.4M (revenue +1267.5% year-over-year).
- 2015: Revenue of $98K, expenses of $72K, and assets of $972K (revenue +203529.2% year-over-year).
- 2014: Revenue of $48, expenses of $633, and assets of $948K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bergstrom Foundation:
Data Sources and Methodology
This transparency report for Bergstrom 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.