Bernice Barbour Foundation Inc
Bernice Barbour Foundation: Consistent Spending, Declining Assets
EIN: 222779967 · Philadelphia, PA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $1.3M |
| Program Spending | 70% |
| Net Assets | $18.7M |
| Transparency Score | 75/100 |
Is Bernice Barbour Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bernice Barbour Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Bernice Barbour Foundation Inc
Bernice Barbour Foundation Inc (EIN: 222779967) is a nonprofit organization based in Philadelphia, PA. The organization reported total revenue of $8.0M and total assets of $18.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bernice Barbour Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bernice Barbour Foundation Inc is a mid-size nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-199,560 |
| Total Assets | $18.7M |
| Total Liabilities | $1 |
| Net Assets | $18.7M |
| Operating Margin | -18.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 177.2 months |
Financial Health Grade: B
In 2023, Bernice Barbour Foundation Inc reported a deficit of $200K with expenses exceeding revenue, holds 177.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bernice Barbour Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.1% | +2.9% | -1.6% |
| 2022 | -77.9% | -23.5% | -4.0% |
| 2021 | +92.1% | +35.7% | +5.7% |
| 2020 | -5.0% | -1.4% | +1.6% |
| 2019 | -1.5% | -0.3% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Bernice Barbour 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: 70%
- fundraising: 15%
According to IRS 990 filings, Bernice Barbour Foundation Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $200K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Without specific compensation figures for executives, a detailed assessment is not possible; however, the 'l1' flag across filings suggests a lack of transparency regarding program and operational details.
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 Bernice Barbour Foundation Inc's IRS 990 filings:
- Total assets have shown a consistent decline from $19,802,283 in 2021 to $18,707,055 in 2023, despite varying revenue.
- The 'l1' flag in all filings indicates a consistent lack of detailed program service accomplishments or narrative reporting, which is a significant transparency concern.
Strengths
The following positive indicators were identified for Bernice Barbour Foundation Inc:
- The foundation consistently maintains a substantial asset base, ranging from $16.8M to $19.8M over the analyzed period.
- Expenses have remained relatively stable, generally around $1.2M - $1.6M annually, suggesting consistent operational costs.
Frequently Asked Questions about Bernice Barbour Foundation Inc
Is Bernice Barbour Foundation Inc a legitimate charity?
Bernice Barbour Foundation Inc (EIN: 222779967) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.0M. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Bernice Barbour Foundation Inc spend its money?
Bernice Barbour Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Bernice Barbour Foundation Inc tax-deductible?
Bernice Barbour Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222779967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bernice Barbour Foundation Inc's spending goes to programs?
Bernice Barbour Foundation Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Bernice Barbour Foundation Inc located?
Bernice Barbour Foundation Inc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 222779967.
How many years of IRS 990 filings does Bernice Barbour Foundation Inc have?
Bernice Barbour 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 $8.0M in total revenue.
What does Bernice Barbour Foundation Inc do?
Bernice Barbour Foundation Inc is a nonprofit organization in the Unknown sector, located in Philadelphia, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does Bernice Barbour Foundation Inc have?
Bernice Barbour Foundation Inc reported total revenue of $7,978,663. Based on 10 IRS 990 filings on record.
What are Bernice Barbour Foundation Inc's total assets?
Bernice Barbour Foundation Inc holds total assets of $18,818,258 as reported in IRS 990 filings.
Where is Bernice Barbour Foundation Inc located?
Bernice Barbour Foundation Inc is based in Philadelphia, Pennsylvania.
What is Bernice Barbour Foundation Inc's EIN?
Bernice Barbour Foundation Inc's Employer Identification Number (EIN) is 222779967. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bernice Barbour Foundation Inc?
Bernice Barbour Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Bernice Barbour Foundation Inc a registered 501(c)(3)?
Bernice Barbour Foundation Inc appears in IRS records (EIN: 222779967). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Bernice Barbour Foundation Inc file IRS Form 990?
Yes, Bernice Barbour Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Bernice Barbour Foundation Inc's revenue in 2023?
In the 202312 filing period, Bernice Barbour Foundation Inc reported total revenue of $1,067,125, total expenses of $1,266,685, and net assets of $18,707,055.
Is Bernice Barbour Foundation Inc's revenue growing or declining?
Bernice Barbour Foundation Inc's revenue is growing. Revenue went from $595,885 (202212) to $1,067,125 (202312), a +79.1% change. Based on 10 filings on record.
What is Bernice Barbour Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bernice Barbour Foundation Inc covers tax period 202312. It shows revenue of $1,067,125, expenses of $1,266,685, total assets of $18,707,055, and liabilities of $1.
How much does Bernice Barbour Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Bernice Barbour Foundation Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Bernice Barbour Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bernice Barbour Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Bernice Barbour Foundation Inc?
The following concerns were identified: Total assets have shown a consistent decline from $19,802,283 in 2021 to $18,707,055 in 2023, despite varying revenue.. The 'l1' flag in all filings indicates a consistent lack of detailed program service accomplishments or narrative reporting, which is a significant transparency concern.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bernice Barbour Foundation Inc's strengths?
Positive indicators for Bernice Barbour Foundation Inc include: The foundation consistently maintains a substantial asset base, ranging from $16.8M to $19.8M over the analyzed period.. Expenses have remained relatively stable, generally around $1.2M - $1.6M annually, suggesting consistent operational costs.. These findings are derived from AI analysis of the organization's financial filings.
How does Bernice Barbour Foundation Inc compensate executives?
Without specific compensation figures for executives, a detailed assessment is not possible; however, the 'l1' flag across filings suggests a lack of transparency regarding program and operational details. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contribute to the consistent 'l1' reporting across all years, and what impact does this have on assessing the foundation's effectiveness?
The 'l1' reporting likely indicates a minimal level of detail provided regarding program service accomplishments, potentially due to the foundation's structure or reporting practices. This significantly hinders the ability to assess the actual impact and effectiveness of the foundation's work beyond financial metrics.
Given the fluctuating revenue but relatively stable expenses, how does the foundation manage its financial sustainability, especially with declining assets?
The foundation appears to manage its financial sustainability by maintaining a significant asset base, which likely generates investment income to cover consistent expenses. However, the consistent decline in total assets from $19.8M to $18.7M over recent years suggests that expenses may be outpacing revenue and investment returns, potentially impacting long-term sustainability if the trend continues.
Filing History
IRS 990 filing history for Bernice Barbour Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bernice Barbour Foundation Inc's revenue has grown by 3.5%, moving from $1.0M to $1.1M. Total assets increased by 3.5% over the same period, from $18.1M to $18.7M. Total functional expenses rose by 11.3%, from $1.1M to $1.3M. In its most recent filing year (2023), Bernice Barbour Foundation Inc reported a deficit of $200K, with expenses exceeding revenue. The organization holds $1 in liabilities against $18.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.3M | $18.7M | $1 | — | — |
| 2022 | $596K | $1.2M | $19.0M | $1 | — | View 990 |
| 2021 | $2.7M | $1.6M | $19.8M | $1 | — | View 990 |
| 2020 | $1.4M | $1.2M | $18.7M | $1 | — | View 990 |
| 2019 | $1.5M | $1.2M | $18.4M | $1 | — | — |
| 2015 | $1.5M | $1.2M | $16.8M | $0 | — | View 990 |
| 2014 | $2.0M | $1.7M | $17.1M | $0 | — | View 990 |
| 2013 | $1.5M | $1.5M | $16.8M | $0 | — | View 990 |
| 2012 | $1.1M | $1.3M | $17.4M | $0 | — | View 990 |
| 2011 | $1.0M | $1.1M | $18.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.3M, and assets of $18.7M (revenue +79.1% year-over-year).
- 2022: Revenue of $596K, expenses of $1.2M, and assets of $19.0M (revenue -77.9% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.6M, and assets of $19.8M (revenue +92.1% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.2M, and assets of $18.7M (revenue -5.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.2M, and assets of $18.4M (revenue -1.5% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.2M, and assets of $16.8M (revenue -25.0% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.7M, and assets of $17.1M (revenue +33.1% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $16.8M (revenue +39.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.3M, and assets of $17.4M (revenue +4.7% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.1M, and assets of $18.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bernice Barbour Foundation Inc:
Data Sources and Methodology
This transparency report for Bernice Barbour 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.