Bill And Claudia Abernathyfoundation Inc
Bill And Claudia Abernathyfoundation Inc consistently spends more than it earns, depleting its asset base.
EIN: 204118658 · Tulsa, OK · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $87K |
| Program Spending | 70% |
| Net Assets | $164K |
| Transparency Score | 55/100 |
Is Bill And Claudia Abernathyfoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bill And Claudia Abernathyfoundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Bill And Claudia Abernathyfoundation Inc
Bill And Claudia Abernathyfoundation Inc (EIN: 204118658) is a nonprofit organization based in Tulsa, OK, classified under NTEE code T20. The organization reported total revenue of $126K and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bill And Claudia Abernathyfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bill And Claudia Abernathyfoundation Inc is a small 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 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $87K |
| Surplus / Deficit | $-7,092 |
| Total Assets | $164K |
| Total Liabilities | $1 |
| Net Assets | $164K |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 22.7 months |
Financial Health Grade: B
In 2023, Bill And Claudia Abernathyfoundation Inc reported a deficit of $7K with expenses exceeding revenue, holds 22.7 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), Bill And Claudia Abernathyfoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.0% | -18.1% | -4.1% |
| 2022 | +348.4% | -9.7% | +4.8% |
| 2021 | +222.6% | +44.4% | -36.0% |
| 2020 | -90.4% | -11.0% | -22.3% |
| 2019 | -31.3% | +2.9% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| 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 Bill And Claudia Abernathyfoundation Inc with a Mission Score of 55 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, Bill And Claudia Abernathyfoundation 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for donor perception of efficiency.
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 Bill And Claudia Abernathyfoundation Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in most recent years, e.g., $86,678 expenses vs $79,586 revenue in 2023.
- Significant decline in total assets over the past decade, from $547,786 in 2011 to $164,082 in 2023.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full efficiency assessment.
Strengths
The following positive indicators were identified for Bill And Claudia Abernathyfoundation Inc:
- Consistent reporting of 0% officer compensation, indicating no executive salaries are paid.
- Low liabilities, consistently reported as $0 or $1, suggesting good short-term financial management.
Frequently Asked Questions about Bill And Claudia Abernathyfoundation Inc
Is Bill And Claudia Abernathyfoundation Inc a legitimate charity?
Bill And Claudia Abernathyfoundation Inc (EIN: 204118658) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $126K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Bill And Claudia Abernathyfoundation Inc spend its money?
Bill And Claudia Abernathyfoundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Bill And Claudia Abernathyfoundation Inc tax-deductible?
Bill And Claudia Abernathyfoundation Inc is registered as a tax-exempt nonprofit (EIN: 204118658). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bill And Claudia Abernathyfoundation Inc's spending goes to programs?
Bill And Claudia Abernathyfoundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Bill And Claudia Abernathyfoundation Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Bill And Claudia Abernathyfoundation Inc is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bill And Claudia Abernathyfoundation Inc located?
Bill And Claudia Abernathyfoundation Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 204118658. It is classified under NTEE code T20.
How many years of IRS 990 filings does Bill And Claudia Abernathyfoundation Inc have?
Bill And Claudia Abernathyfoundation 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 $126K in total revenue.
What is the specific breakdown of program vs. administrative expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess spending efficiency beyond total expenses.
What is the source of the foundation's revenue, and is it sustainable?
The revenue fluctuates significantly year-to-year (e.g., $25,352 in 2021 vs. $113,668 in 2022), and without knowing the sources (e.g., investments, contributions), it's hard to determine sustainability, especially given the consistent deficit spending.
Why have the organization's assets declined so significantly over the past decade?
Assets have decreased from $547,786 in 2011 to $164,082 in 2023, primarily because expenses have consistently exceeded revenue in most reporting periods, indicating the foundation is drawing down its principal to cover operations or grants.
Filing History
IRS 990 filing history for Bill And Claudia Abernathyfoundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bill And Claudia Abernathyfoundation Inc's revenue has grown by 116.5%, moving from $37K to $80K. Total assets decreased by 70% over the same period, from $548K to $164K. Total functional expenses fell by 43.7%, from $154K to $87K. In its most recent filing year (2023), Bill And Claudia Abernathyfoundation Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $164K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $164K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $87K | $164K | $1 | — | View 990 |
| 2022 | $114K | $106K | $171K | $1 | — | View 990 |
| 2021 | $25K | $117K | $163K | $1 | — | View 990 |
| 2020 | $8K | $81K | $255K | $1 | — | — |
| 2019 | $82K | $91K | $328K | $0 | — | View 990 |
| 2015 | $119K | $89K | $353K | $0 | — | View 990 |
| 2014 | $41K | $98K | $322K | $0 | — | View 990 |
| 2013 | $44K | $104K | $379K | $0 | — | View 990 |
| 2012 | $25K | $134K | $439K | $0 | — | View 990 |
| 2011 | $37K | $154K | $548K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $87K, and assets of $164K (revenue -30.0% year-over-year).
- 2022: Revenue of $114K, expenses of $106K, and assets of $171K (revenue +348.4% year-over-year).
- 2021: Revenue of $25K, expenses of $117K, and assets of $163K (revenue +222.6% year-over-year).
- 2020: Revenue of $8K, expenses of $81K, and assets of $255K (revenue -90.4% year-over-year).
- 2019: Revenue of $82K, expenses of $91K, and assets of $328K (revenue -31.3% year-over-year).
- 2015: Revenue of $119K, expenses of $89K, and assets of $353K (revenue +190.5% year-over-year).
- 2014: Revenue of $41K, expenses of $98K, and assets of $322K (revenue -7.3% year-over-year).
- 2013: Revenue of $44K, expenses of $104K, and assets of $379K (revenue +79.4% year-over-year).
- 2012: Revenue of $25K, expenses of $134K, and assets of $439K (revenue -32.7% year-over-year).
- 2011: Revenue of $37K, expenses of $154K, and assets of $548K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bill And Claudia Abernathyfoundation Inc:
Data Sources and Methodology
This transparency report for Bill And Claudia Abernathyfoundation 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.