Bff Foundation Inc
Bff Foundation Inc maintains stable assets but has recently experienced expenses exceeding revenue.
EIN: 113261912 · Brooklyn, NY · NTEE: T99J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $26.7M |
| Transparency Score | 85/100 |
Is Bff Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bff Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bff Foundation Inc
Bff Foundation Inc (EIN: 113261912) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code T99J. The organization reported total revenue of $4.9M and total assets of $28.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bff Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bff Foundation Inc is a mid-size nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-497,982 |
| Total Assets | $26.8M |
| Total Liabilities | $82K |
| Net Assets | $26.7M |
| Operating Margin | -43.6% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 196.1 months |
Financial Health Grade: B
In 2023, Bff Foundation Inc reported a deficit of $498K with expenses exceeding revenue, holds 196.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bff Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.5% | -0.8% | +6.1% |
| 2022 | -54.2% | -12.1% | -20.9% |
| 2021 | +177.8% | +42.7% | +4.9% |
| 2020 | -2.0% | -24.1% | +4.6% |
| 2019 | -19.4% | +27.8% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Bff Foundation Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bff Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $498K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries were paid, which is highly unusual for an organization with assets exceeding $25 million and annual expenses over $1 million. This suggests either a fully volunteer-led executive team or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
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 Bff Foundation Inc's IRS 990 filings:
- Recent years show expenses exceeding revenue (e.g., 2023: Revenue=$1,141,293, Expenses=$1,639,275), which is unsustainable long-term without drawing down reserves.
- Consistent 0% officer compensation for an organization of this size and asset base is highly unusual and may indicate compensation is reported in other categories, potentially obscuring true administrative costs.
Strengths
The following positive indicators were identified for Bff Foundation Inc:
- Strong and stable asset base, consistently above $25 million, providing financial resilience.
- Historically low liabilities, indicating sound debt management.
- Reported 0% officer compensation suggests a strong commitment to directing funds to programs, assuming all compensation is accurately disclosed.
Frequently Asked Questions about Bff Foundation Inc
Is Bff Foundation Inc a legitimate charity?
Bff Foundation Inc (EIN: 113261912) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.9M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Bff Foundation Inc spend its money?
Bff Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bff Foundation Inc tax-deductible?
Bff Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113261912). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bff Foundation Inc CEO make?
Bff Foundation Inc's highest-compensated officer earns $25 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bff Foundation Inc's spending goes to programs?
Bff Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bff Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bff Foundation Inc is above average for NTEE category T99J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bff Foundation Inc located?
Bff Foundation Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 113261912. It is classified under NTEE code T99J.
How many years of IRS 990 filings does Bff Foundation Inc have?
Bff 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 $4.9M in total revenue.
Is Bff Foundation Inc a good charity?
Based on the available data, Bff Foundation Inc appears to be a financially stable organization with substantial assets and a consistent history of operations. The reported 0% officer compensation is a significant positive for mission focus. However, recent years show expenses exceeding revenue, which could be a concern if it becomes a long-term trend without clear explanation.
How does Bff Foundation Inc manage its expenses relative to its revenue?
Bff Foundation Inc's expense management shows variability. In some years, like 2021, revenue significantly outpaced expenses ($3,056,072 vs. $1,879,281). However, in 2022 and 2023, expenses ($1,651,982 and $1,639,275 respectively) exceeded revenue ($1,400,134 and $1,141,293 respectively), suggesting a draw on reserves or other funding sources.
What is the trend in Bff Foundation Inc's assets?
Bff Foundation Inc's assets have remained remarkably stable over the past decade, generally fluctuating between $25 million and $32 million. The latest reported assets are $28,133,243, indicating a strong financial foundation.
Filing History
IRS 990 filing history for Bff Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bff Foundation Inc's revenue has declined by 19%, moving from $1.4M to $1.1M. Total assets decreased by 3.7% over the same period, from $27.8M to $26.8M. Total functional expenses rose by 3%, from $1.6M to $1.6M. In its most recent filing year (2023), Bff Foundation Inc reported a deficit of $498K, with expenses exceeding revenue. The organization holds $82K in liabilities against $26.8M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $26.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.6M | $26.8M | $82K | — | View 990 |
| 2022 | $1.4M | $1.7M | $25.2M | $82K | — | View 990 |
| 2021 | $3.1M | $1.9M | $31.9M | $1.1M | — | View 990 |
| 2020 | $1.1M | $1.3M | $30.4M | $707K | — | View 990 |
| 2019 | $1.1M | $1.7M | $29.1M | $88K | — | — |
| 2015 | $1.4M | $1.4M | $26.0M | $82K | — | View 990 |
| 2014 | $1.3M | $1.3M | $26.8M | $98K | — | View 990 |
| 2013 | $817K | $2.7M | $26.7M | $77K | — | View 990 |
| 2012 | $989K | $1.4M | $29.8M | $2.1M | — | View 990 |
| 2011 | $1.4M | $1.6M | $27.8M | $84K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.6M, and assets of $26.8M (revenue -18.5% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.7M, and assets of $25.2M (revenue -54.2% year-over-year).
- 2021: Revenue of $3.1M, expenses of $1.9M, and assets of $31.9M (revenue +177.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.3M, and assets of $30.4M (revenue -2.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.7M, and assets of $29.1M (revenue -19.4% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $26.0M (revenue +4.4% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $26.8M (revenue +63.2% year-over-year).
- 2013: Revenue of $817K, expenses of $2.7M, and assets of $26.7M (revenue -17.4% year-over-year).
- 2012: Revenue of $989K, expenses of $1.4M, and assets of $29.8M (revenue -29.8% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.6M, and assets of $27.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bff Foundation Inc:
Data Sources and Methodology
This transparency report for Bff 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.