Bfg Community Foundation Inc
EIN: 371781494 · Towson, MD · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $470K |
| Total Expenses | $223K |
| Net Assets | $493K |
Is Bfg Community Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bfg Community Foundation Inc
Bfg Community Foundation Inc (EIN: 371781494) is a nonprofit organization based in Towson, MD, classified under NTEE code P12. The organization reported total revenue of $470K and total assets of $873K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bfg Community Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bfg Community Foundation Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $210K |
| Total Expenses | $223K |
| Surplus / Deficit | $-13,403 |
| Total Assets | $530K |
| Total Liabilities | $37K |
| Net Assets | $493K |
| Operating Margin | -6.4% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 28.5 months |
Financial Health Grade: B
In 2023, Bfg Community Foundation Inc reported a deficit of $13K with expenses exceeding revenue, holds 28.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Bfg Community Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.2% | -26.7% | +5.5% |
| 2022 | +2.0% | -3.3% | +15.4% |
| 2021 | +13.7% | +1.4% | +27.2% |
| 2020 | +84.6% | +39.5% | +12.2% |
| 2019 | -26.6% | +28.2% | -5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bfg Community Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bfg Community Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.9%.
Frequently Asked Questions about Bfg Community Foundation Inc
Is Bfg Community Foundation Inc a legitimate charity?
Bfg Community Foundation Inc (EIN: 371781494) is a registered tax-exempt nonprofit based in Maryland. It has 9 years of IRS 990 filings on record. Total revenue: $470K. No red flags identified. Financial health grade: B.
How does Bfg Community Foundation Inc spend its money?
Bfg Community Foundation Inc reported $470K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bfg Community Foundation Inc tax-deductible?
Bfg Community Foundation Inc is registered as a tax-exempt nonprofit (EIN: 371781494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bfg Community Foundation Inc located?
Bfg Community Foundation Inc is headquartered in Towson, Maryland and files with the IRS under EIN 371781494. It is classified under NTEE code P12.
How many years of IRS 990 filings does Bfg Community Foundation Inc have?
Bfg Community Foundation Inc has 9 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 $470K in total revenue.
Filing History
IRS 990 filing history for Bfg Community Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Bfg Community Foundation Inc's revenue has grown by 45.9%, moving from $144K to $210K. Total assets increased by 240.9% over the same period, from $155K to $530K. Total functional expenses rose by 1226.8%, from $17K to $223K. In its most recent filing year (2023), Bfg Community Foundation Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $37K in liabilities against $530K in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $493K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $210K | $223K | $530K | $37K | — | — |
| 2022 | $430K | $304K | $502K | $14K | — | View 990 |
| 2021 | $422K | $315K | $435K | $17K | — | View 990 |
| 2020 | $371K | $310K | $342K | $7K | — | View 990 |
| 2019 | $201K | $223K | $305K | $20K | — | View 990 |
| 2018 | $274K | $174K | $321K | $21K | — | View 990 |
| 2017 | $198K | $141K | $226K | $27K | — | View 990 |
| 2016 | $160K | $144K | $184K | $41K | — | View 990 |
| 2015 | $144K | $17K | $155K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $210K, expenses of $223K, and assets of $530K (revenue -51.2% year-over-year).
- 2022: Revenue of $430K, expenses of $304K, and assets of $502K (revenue +2.0% year-over-year).
- 2021: Revenue of $422K, expenses of $315K, and assets of $435K (revenue +13.7% year-over-year).
- 2020: Revenue of $371K, expenses of $310K, and assets of $342K (revenue +84.6% year-over-year).
- 2019: Revenue of $201K, expenses of $223K, and assets of $305K (revenue -26.6% year-over-year).
- 2018: Revenue of $274K, expenses of $174K, and assets of $321K (revenue +38.6% year-over-year).
- 2017: Revenue of $198K, expenses of $141K, and assets of $226K (revenue +23.8% year-over-year).
- 2016: Revenue of $160K, expenses of $144K, and assets of $184K (revenue +10.9% year-over-year).
- 2015: Revenue of $144K, expenses of $17K, and assets of $155K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bfg Community Foundation Inc:
Data Sources and Methodology
This transparency report for Bfg Community 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.