Berry Foundation Inc
Berry Foundation Inc. faces significant financial challenges with consistent operating deficits and declining assets.
EIN: 203942107 · Wichita, KS · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $744K |
| Program Spending | 70% |
| Net Assets | $56K |
| Transparency Score | 45/100 |
Is Berry Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Berry Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Berry Foundation Inc
Berry Foundation Inc (EIN: 203942107) is a nonprofit organization based in Wichita, KS, classified under NTEE code T22. The organization reported total revenue of $1.4M and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Berry Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Berry Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $744K |
| Surplus / Deficit | $-471,708 |
| Total Assets | $56K |
| Total Liabilities | $1 |
| Net Assets | $56K |
| Operating Margin | -173.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2023, Berry Foundation Inc reported a deficit of $472K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Berry Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.4% | +62.0% | -76.3% |
| 2022 | -78.7% | -33.8% | -54.5% |
| 2021 | +32.9% | +9.1% | +35.9% |
| 2020 | +78.0% | +20.0% | +151.1% |
| 2019 | -57.9% | -2.6% | -82.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Berry Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Berry Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. 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 $472K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Berry Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for donor perception regarding executive pay.
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 Berry Foundation Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., 2023 expenses were $743,681 against $271,973 revenue.
- Significant and continuous decline in assets, from $882,398 in 2015 to $55,625 in 2023.
- Unusual and consistent reporting of $1 in liabilities across multiple recent filings.
- Latest reported assets ($28,895) are very low relative to recent annual expenses, indicating limited financial reserves.
Strengths
The following positive indicators were identified for Berry Foundation Inc:
- 0% officer compensation reported across all available filings, indicating no executive salaries.
- History of 10 IRS 990 filings, suggesting consistent compliance with reporting requirements.
Frequently Asked Questions about Berry Foundation Inc
Is Berry Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Berry Foundation Inc (EIN: 203942107) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Berry Foundation Inc spend its money?
Berry Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Berry Foundation Inc tax-deductible?
Berry Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203942107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Berry Foundation Inc's spending goes to programs?
Berry Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Berry Foundation Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Berry Foundation Inc is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Berry Foundation Inc located?
Berry Foundation Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 203942107. It is classified under NTEE code T22.
How many years of IRS 990 filings does Berry Foundation Inc have?
Berry 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 $1.4M in total revenue.
Why have expenses consistently exceeded revenue in recent years?
The filings show a clear pattern of expenses surpassing revenue, for example, $743,681 in expenses vs. $271,973 in revenue in 2023. This trend needs explanation to understand the organization's financial strategy and sustainability.
What caused the significant decline in assets from $882,398 in 2015 to $55,625 in 2023?
The substantial reduction in assets suggests the organization has been drawing down its reserves to cover operating costs, which is unsustainable in the long term.
What is the nature of the 'Liabilities=$1' reported in multiple recent filings?
Reporting a nominal $1 in liabilities consistently is unusual for an organization of this size and could indicate an anomaly in financial reporting or a unique financial structure that requires clarification.
How does the organization plan to achieve financial stability given the current operating deficits?
With expenses consistently higher than revenue, the organization's current financial model appears unsustainable. A strategy for increasing revenue or decreasing expenses is critical for future viability.
Filing History
IRS 990 filing history for Berry Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Berry Foundation Inc's revenue has grown by 55.1%, moving from $175K to $272K. Total assets decreased by 82.4% over the same period, from $316K to $56K. Total functional expenses rose by 452.6%, from $135K to $744K. In its most recent filing year (2023), Berry Foundation Inc reported a deficit of $472K, with expenses exceeding revenue. The organization holds $1 in liabilities against $56K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $56K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $744K | $56K | $1 | — | View 990 |
| 2022 | $177K | $459K | $235K | $1 | — | View 990 |
| 2021 | $831K | $693K | $516K | $1 | — | View 990 |
| 2020 | $625K | $635K | $380K | $1 | — | View 990 |
| 2019 | $351K | $529K | $151K | $1 | — | View 990 |
| 2015 | $833K | $543K | $882K | $1 | — | View 990 |
| 2014 | $592K | $308K | $626K | $0 | — | View 990 |
| 2013 | $407K | $206K | $376K | $0 | — | View 990 |
| 2012 | $3K | $143K | $176K | $0 | — | View 990 |
| 2011 | $175K | $135K | $316K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $744K, and assets of $56K (revenue +53.4% year-over-year).
- 2022: Revenue of $177K, expenses of $459K, and assets of $235K (revenue -78.7% year-over-year).
- 2021: Revenue of $831K, expenses of $693K, and assets of $516K (revenue +32.9% year-over-year).
- 2020: Revenue of $625K, expenses of $635K, and assets of $380K (revenue +78.0% year-over-year).
- 2019: Revenue of $351K, expenses of $529K, and assets of $151K (revenue -57.9% year-over-year).
- 2015: Revenue of $833K, expenses of $543K, and assets of $882K (revenue +40.7% year-over-year).
- 2014: Revenue of $592K, expenses of $308K, and assets of $626K (revenue +45.6% year-over-year).
- 2013: Revenue of $407K, expenses of $206K, and assets of $376K (revenue +14567.6% year-over-year).
- 2012: Revenue of $3K, expenses of $143K, and assets of $176K (revenue -98.4% year-over-year).
- 2011: Revenue of $175K, expenses of $135K, and assets of $316K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Berry Foundation Inc:
Data Sources and Methodology
This transparency report for Berry 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.