Bettys Dream A Foundation For The Physically Handicapped Inc
Bettys Dream Foundation faces significant operational deficit despite substantial asset growth.
EIN: 20348875 · Portsmouth, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $212K |
| Total Expenses | $135K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.4M |
| Transparency Score | 60/100 |
Is Bettys Dream A Foundation For The Physically Handicapped Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bettys Dream A Foundation For The Physically Handicapped Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bettys Dream A Foundation For The Physically Handicapped Inc
Bettys Dream A Foundation For The Physically Handicapped Inc (EIN: 20348875) is a nonprofit organization based in Portsmouth, NH. The organization reported total revenue of $212K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bettys Dream A Foundation For The Physically Handicapped Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bettys Dream A Foundation For The Physically Handicapped Inc is a small nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -21.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $135K |
| Surplus / Deficit | $-128,916 |
| Total Assets | $1.4M |
| Total Liabilities | $19K |
| Net Assets | $1.4M |
| Operating Margin | -2274.1% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 127.6 months |
Financial Health Grade: B
In 2022, Bettys Dream A Foundation For The Physically Handicapped Inc reported a deficit of $129K with expenses exceeding revenue, holds 127.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Bettys Dream A Foundation For The Physically Handicapped Inc's revenue has declined at a compound annual growth rate (CAGR) of -21.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -91.5% | +111.9% | -8.5% |
| 2021 | +6.2% | -4.7% | +0.5% |
| 2020 | -5.5% | -9.3% | -0.2% |
| 2019 | +2.2% | -0.2% | -0.1% |
| 2018 | +257.0% | +4.7% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Bettys Dream A Foundation For The Physically Handicapped Inc with a Mission Score of 60 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: 75%
- fundraising: 10%
According to IRS 990 filings, Bettys Dream A Foundation For The Physically Handicapped Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is commendable for a foundation of its size with assets exceeding $3 million.
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 Bettys Dream A Foundation For The Physically Handicapped Inc's IRS 990 filings:
- Significant operational deficit in the latest filing (202212 revenue $5,669 vs. expenses $134,585).
- Consistent pattern of expenses exceeding revenue in multiple recent periods (e.g., 202012, 201912, 201812).
- Lack of detailed expense breakdown to assess program vs. administrative spending efficiency.
- Unexplained substantial asset growth from $1.5M to $3.1M amidst low operational revenue.
Strengths
The following positive indicators were identified for Bettys Dream A Foundation For The Physically Handicapped Inc:
- Substantial asset base ($3,109,566) provides a foundation for future activities.
- No reported officer compensation, indicating volunteer leadership and dedication to mission.
- Low liabilities relative to assets (e.g., $18,625 in 202212 vs. $1,431,330 assets).
Frequently Asked Questions about Bettys Dream A Foundation For The Physically Handicapped Inc
Is Bettys Dream A Foundation For The Physically Handicapped Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bettys Dream A Foundation For The Physically Handicapped Inc (EIN: 20348875) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Bettys Dream A Foundation For The Physically Handicapped Inc spend its money?
Bettys Dream A Foundation For The Physically Handicapped Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bettys Dream A Foundation For The Physically Handicapped Inc tax-deductible?
Bettys Dream A Foundation For The Physically Handicapped Inc is registered as a tax-exempt nonprofit (EIN: 20348875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bettys Dream A Foundation For The Physically Handicapped Inc CEO make?
Bettys Dream A Foundation For The Physically Handicapped Inc's highest-compensated officer earns $3 annually. The organization reported $212K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bettys Dream A Foundation For The Physically Handicapped Inc's spending goes to programs?
Bettys Dream A Foundation For The Physically Handicapped Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bettys Dream A Foundation For The Physically Handicapped Inc located?
Bettys Dream A Foundation For The Physically Handicapped Inc is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20348875.
How many years of IRS 990 filings does Bettys Dream A Foundation For The Physically Handicapped Inc have?
Bettys Dream A Foundation For The Physically Handicapped Inc has 12 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 $212K in total revenue.
Is Bettys Dream A Foundation For The Physically Handicapped Inc a good charity?
While the organization has substantial assets ($3,109,566) and no reported officer compensation, its recent financial performance shows significant operational deficits, with expenses of $134,585 far exceeding revenue of $5,669 in 202212. This raises concerns about its financial sustainability and the consistency of its program funding.
How does Bettys Dream fund its operations given low revenue?
The significant disparity between reported revenue and expenses, especially in 202212, suggests that the organization may be relying on investment income from its substantial assets ($3,109,566) or drawing down on principal, rather than consistent operational revenue from donations or grants.
What caused the large increase in assets from 2021 to 2022?
The assets increased from $1,563,808 in 202112 to $3,109,566 in the latest available data. This substantial growth, despite low operational revenue, warrants further investigation into whether it's due to significant investment gains, a large one-time donation, or other financial activities not detailed in the summary data.
Filing History
IRS 990 filing history for Bettys Dream A Foundation For The Physically Handicapped Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Bettys Dream A Foundation For The Physically Handicapped Inc's revenue has declined by 92.5%, moving from $76K to $6K. Total assets decreased by 14% over the same period, from $1.7M to $1.4M. Total functional expenses rose by 46.5%, from $92K to $135K. In its most recent filing year (2022), Bettys Dream A Foundation For The Physically Handicapped Inc reported a deficit of $129K, with expenses exceeding revenue. The organization holds $19K in liabilities against $1.4M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $6K | $135K | $1.4M | $19K | — | View 990 |
| 2021 | $67K | $64K | $1.6M | $3K | — | View 990 |
| 2020 | $63K | $67K | $1.6M | $2K | — | — |
| 2019 | $66K | $73K | $1.6M | $623 | — | View 990 |
| 2018 | $65K | $74K | $1.6M | $1K | — | View 990 |
| 2017 | $18K | $70K | $1.6M | $6K | — | View 990 |
| 2016 | $87K | $92K | $1.6M | $10K | — | View 990 |
| 2015 | $87K | $96K | $1.6M | $9K | — | View 990 |
| 2014 | $81K | $89K | $1.7M | $10K | — | View 990 |
| 2013 | $83K | $92K | $1.7M | $8K | — | View 990 |
| 2012 | $90K | $91K | $1.7M | $2K | — | View 990 |
| 2011 | $76K | $92K | $1.7M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $6K, expenses of $135K, and assets of $1.4M (revenue -91.5% year-over-year).
- 2021: Revenue of $67K, expenses of $64K, and assets of $1.6M (revenue +6.2% year-over-year).
- 2020: Revenue of $63K, expenses of $67K, and assets of $1.6M (revenue -5.5% year-over-year).
- 2019: Revenue of $66K, expenses of $73K, and assets of $1.6M (revenue +2.2% year-over-year).
- 2018: Revenue of $65K, expenses of $74K, and assets of $1.6M (revenue +257.0% year-over-year).
- 2017: Revenue of $18K, expenses of $70K, and assets of $1.6M (revenue -79.0% year-over-year).
- 2016: Revenue of $87K, expenses of $92K, and assets of $1.6M (revenue -0.7% year-over-year).
- 2015: Revenue of $87K, expenses of $96K, and assets of $1.6M (revenue +7.5% year-over-year).
- 2014: Revenue of $81K, expenses of $89K, and assets of $1.7M (revenue -2.1% year-over-year).
- 2013: Revenue of $83K, expenses of $92K, and assets of $1.7M (revenue -7.5% year-over-year).
- 2012: Revenue of $90K, expenses of $91K, and assets of $1.7M (revenue +17.9% year-over-year).
- 2011: Revenue of $76K, expenses of $92K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bettys Dream A Foundation For The Physically Handicapped Inc:
Data Sources and Methodology
This transparency report for Bettys Dream A Foundation For The Physically Handicapped 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.