Billy And Rebecca Long Family Foundation
Billy And Rebecca Long Family Foundation maintains stable assets with no reported officer compensation.
EIN: 203583574 · Madison, MS · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $310K |
| Total Expenses | $35K |
| Program Spending | 85% |
| Net Assets | $675K |
| Transparency Score | 75/100 |
Is Billy And Rebecca Long Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Billy And Rebecca Long Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Billy And Rebecca Long Family Foundation
Billy And Rebecca Long Family Foundation (EIN: 203583574) is a nonprofit organization based in Madison, MS. The organization reported total revenue of $310K and total assets of $698K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Billy And Rebecca Long Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Billy And Rebecca Long Family Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $35K |
| Surplus / Deficit | $-8,077 |
| Total Assets | $675K |
| Total Liabilities | $1 |
| Net Assets | $675K |
| Operating Margin | -29.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 230.4 months |
Financial Health Grade: B
In 2023, Billy And Rebecca Long Family Foundation reported a deficit of $8K with expenses exceeding revenue, holds 230.4 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), Billy And Rebecca Long Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.4% | +7027.6% | -1.2% |
| 2022 | +126.0% | -83.6% | +9.2% |
| 2021 | +133.1% | +-0.0% | +3.8% |
| 2020 | -37.0% | -12.1% | +26.8% |
| 2019 | -84.6% | -89.7% | +29.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Billy And Rebecca Long Family Foundation with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Billy And Rebecca Long Family Foundation 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization 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 confidence and resource allocation.
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 Billy And Rebecca Long Family Foundation's IRS 990 filings:
- NTEE code is unknown, making it difficult to understand the organization's specific mission and impact.
- Detailed breakdown of expenses (program vs. admin vs. fundraising) is not provided in the summary data, limiting a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Billy And Rebecca Long Family Foundation:
- Consistent growth in assets, from $195,096 in 2011 to $674,638 in 2023, indicating financial stability.
- Consistently reports 0% officer compensation, demonstrating efficient use of funds at the executive level.
- Very low liabilities, often just $1, indicating a strong financial position.
- Consistent filing of IRS 990 forms over a decade, showing good transparency and compliance.
Frequently Asked Questions about Billy And Rebecca Long Family Foundation
Is Billy And Rebecca Long Family Foundation a legitimate charity?
Billy And Rebecca Long Family Foundation (EIN: 203583574) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $310K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Billy And Rebecca Long Family Foundation spend its money?
Billy And Rebecca Long Family Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Billy And Rebecca Long Family Foundation tax-deductible?
Billy And Rebecca Long Family Foundation is registered as a tax-exempt nonprofit (EIN: 203583574). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Billy And Rebecca Long Family Foundation's spending goes to programs?
Billy And Rebecca Long Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Billy And Rebecca Long Family Foundation located?
Billy And Rebecca Long Family Foundation is headquartered in Madison, Mississippi and files with the IRS under EIN 203583574.
How many years of IRS 990 filings does Billy And Rebecca Long Family Foundation have?
Billy And Rebecca Long Family Foundation 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 $310K in total revenue.
What specific programs or causes does the Billy And Rebecca Long Family Foundation support?
The provided data does not specify the foundation's NTEE code or detailed program descriptions, making it difficult to ascertain its specific charitable focus.
How does the foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation is likely run by volunteers or that its officers are not compensated for their roles, which is a common practice for smaller family foundations.
What is the typical grant-making activity or distribution of funds by the foundation?
The provided data shows total expenses but does not detail the nature of these expenses (e.g., grants paid, operational costs), so the typical grant-making activity cannot be determined from this information.
Filing History
IRS 990 filing history for Billy And Rebecca Long Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Billy And Rebecca Long Family Foundation's revenue has declined by 26.4%, moving from $37K to $27K. Total assets increased by 245.8% over the same period, from $195K to $675K. Total functional expenses rose by 389.4%, from $7K to $35K. In its most recent filing year (2023), Billy And Rebecca Long Family Foundation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $675K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $675K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $35K | $675K | $1 | — | — |
| 2022 | $58K | $493 | $683K | $1 | — | — |
| 2021 | $26K | $3K | $625K | $1 | — | — |
| 2020 | $11K | $3K | $602K | $1 | — | — |
| 2019 | $17K | $3K | $475K | $1 | — | View 990 |
| 2015 | $114K | $33K | $368K | $1 | — | View 990 |
| 2014 | $221K | $59K | $451K | $1 | — | View 990 |
| 2013 | $74K | $29K | $291K | $43 | — | View 990 |
| 2012 | $84K | $33K | $246K | $1 | — | View 990 |
| 2011 | $37K | $7K | $195K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $35K, and assets of $675K (revenue -53.4% year-over-year).
- 2022: Revenue of $58K, expenses of $493, and assets of $683K (revenue +126.0% year-over-year).
- 2021: Revenue of $26K, expenses of $3K, and assets of $625K (revenue +133.1% year-over-year).
- 2020: Revenue of $11K, expenses of $3K, and assets of $602K (revenue -37.0% year-over-year).
- 2019: Revenue of $17K, expenses of $3K, and assets of $475K (revenue -84.6% year-over-year).
- 2015: Revenue of $114K, expenses of $33K, and assets of $368K (revenue -48.7% year-over-year).
- 2014: Revenue of $221K, expenses of $59K, and assets of $451K (revenue +199.4% year-over-year).
- 2013: Revenue of $74K, expenses of $29K, and assets of $291K (revenue -12.4% year-over-year).
- 2012: Revenue of $84K, expenses of $33K, and assets of $246K (revenue +129.4% year-over-year).
- 2011: Revenue of $37K, expenses of $7K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Billy And Rebecca Long Family Foundation:
Data Sources and Methodology
This transparency report for Billy And Rebecca Long Family Foundation 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.