Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat
Bernard G And Rhoda G Sarnat Family Foundation shows strong asset growth and zero officer compensation over a decade.
EIN: 201004478 · Carlsbad, CA · NTEE: T22 · Updated: 2026-03-28
Is Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat
Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat (EIN: 201004478) is a nonprofit organization based in Carlsbad, CA, classified under NTEE code T22. The organization reported total revenue of $7.3M and total assets of $12.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly favorable for maximizing funds directed towards the foundation's mission.
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.
Strengths
The following positive indicators were identified for Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat:
- Consistent asset growth, reaching $12,884,028 in latest period.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Minimal liabilities ($1 across all periods), demonstrating strong financial stability.
- Significant revenue growth in recent years, from $487,424 in 2021 to $3,079,651 in 2023.
- Long history of IRS 990 filings, indicating transparency and compliance.
Frequently Asked Questions about Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat
Is Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat a legitimate charity?
Based on AI analysis of IRS 990 filings, Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat (EIN: 201004478) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat spend its money?
Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat tax-deductible?
Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat is registered as a tax-exempt nonprofit (EIN: 201004478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bernard G And Rhoda G Sarnat Family Foundation a good charity?
Based on the provided financial data, the foundation appears to be a very good charity. It has substantial and growing assets ($12,884,028 latest), minimal liabilities ($1), and reports 0% officer compensation, suggesting high efficiency and dedication of resources to its mission.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, particularly in recent years. Revenue surged from $487,424 in 2021 to $3,079,651 in 2023, and assets grew from $7,580,567 in 2021 to $10,218,604 in 2023, demonstrating strong growth and stability.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation in all available filings, indicating a highly efficient model where no funds are used for executive salaries, which is a strong positive for resource allocation.
Filing History
IRS 990 filing history for Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat's revenue has grown by 969.5%, moving from $288K to $3.1M. Total assets increased by 32.2% over the same period, from $7.7M to $10.2M. Total functional expenses rose by 309.7%, from $473K to $1.9M. In its most recent filing year (2023), Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $10.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $1.9M | $10.2M | $1 | — | — |
| 2022 | $3.4M | $1.4M | $9.1M | $1 | — | View 990 |
| 2021 | $487K | $888K | $7.6M | $1 | — | View 990 |
| 2020 | $173K | $93K | $7.9M | $1 | — | View 990 |
| 2019 | $384K | $499K | $7.9M | $1 | — | View 990 |
| 2015 | $449K | $471K | $7.9M | $1 | — | View 990 |
| 2014 | $529K | $893K | $7.9M | $1 | — | View 990 |
| 2013 | $329K | $77K | $8.3M | $1 | — | View 990 |
| 2012 | $788K | $586K | $7.9M | $1 | — | View 990 |
| 2011 | $288K | $473K | $7.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $1.9M, and assets of $10.2M (revenue -9.6% year-over-year).
- 2022: Revenue of $3.4M, expenses of $1.4M, and assets of $9.1M (revenue +598.7% year-over-year).
- 2021: Revenue of $487K, expenses of $888K, and assets of $7.6M (revenue +181.5% year-over-year).
- 2020: Revenue of $173K, expenses of $93K, and assets of $7.9M (revenue -54.9% year-over-year).
- 2019: Revenue of $384K, expenses of $499K, and assets of $7.9M (revenue -14.6% year-over-year).
- 2015: Revenue of $449K, expenses of $471K, and assets of $7.9M (revenue -15.1% year-over-year).
- 2014: Revenue of $529K, expenses of $893K, and assets of $7.9M (revenue +60.6% year-over-year).
- 2013: Revenue of $329K, expenses of $77K, and assets of $8.3M (revenue -58.2% year-over-year).
- 2012: Revenue of $788K, expenses of $586K, and assets of $7.9M (revenue +173.6% year-over-year).
- 2011: Revenue of $288K, expenses of $473K, and assets of $7.7M.
Data Sources and Methodology
This transparency report for Bernard G And Rhoda G Sarnat Family Foundation Gerard Sarnat 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.