Bindler Family Foundation
Bindler Family Foundation maintains stable assets and zero executive compensation despite volatile revenue.
EIN: 203980969 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
Is Bindler Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bindler Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bindler Family Foundation
Bindler Family Foundation (EIN: 203980969) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $129K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bindler Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bindler Family Foundation 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 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $79K |
| Surplus / Deficit | $-23,071 |
| Total Assets | $1.2M |
| Total Liabilities | $1 |
| Net Assets | $1.2M |
| Operating Margin | -41.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 187.5 months |
Financial Health Grade: B
In 2023, Bindler Family Foundation reported a deficit of $23K with expenses exceeding revenue, holds 187.5 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), Bindler Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -137.6% | +26.6% | -13.0% |
| 2021 | +1052.0% | -2.3% | +23.5% |
| 2020 | -52.0% | -4.1% | -2.0% |
| 2019 | -68.3% | +18.2% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Bindler Family Foundation with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Bindler Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Bindler Family Foundation reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly commendable for an organization of its asset size ($1,225,629).
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 Bindler Family Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in 2022, could indicate reliance on unpredictable funding or investment performance.
Strengths
The following positive indicators were identified for Bindler Family Foundation:
- Zero officer compensation across all reported periods, ensuring all funds are directed to the mission.
- Consistent and low liabilities, indicating strong financial health and minimal debt.
- Stable asset base of over $1 million in recent years, providing a solid financial foundation.
- Consistent IRS 990 filing history, demonstrating transparency and accountability.
- High program spending efficiency due to no executive compensation.
Frequently Asked Questions about Bindler Family Foundation
Is Bindler Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bindler Family Foundation (EIN: 203980969) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Bindler Family Foundation spend its money?
Bindler Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bindler Family Foundation tax-deductible?
Bindler Family Foundation is registered as a tax-exempt nonprofit (EIN: 203980969). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bindler Family Foundation a good charity?
Based on the available IRS 990 data, the Bindler Family Foundation appears to be a very good charity. It has a strong asset base, consistently low liabilities, and most notably, zero officer compensation, meaning all resources are directed to its mission and operational costs. Its consistent filing history also points to transparency.
How does the foundation manage its expenses?
The foundation manages its expenses efficiently, with annual expenses typically ranging from $35,000 to $79,000. Given the absence of officer compensation, a significant portion of these expenses is likely dedicated to program services and essential administrative functions.
What is the trend in the foundation's assets?
The foundation's assets have shown growth over time, from $298,164 in 2011 to $1,225,629 currently, with a relatively stable base around $1.2 million in recent years, indicating sound asset management.
Filing History
IRS 990 filing history for Bindler Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bindler Family Foundation's revenue has grown by 410.3%, moving from $11K to $56K. Total assets increased by 314.2% over the same period, from $298K to $1.2M. Total functional expenses rose by 129.5%, from $34K to $79K. In its most recent filing year (2023), Bindler Family Foundation reported a deficit of $23K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $79K | $1.2M | $1 | — | — |
| 2022 | $-122,609 | $65K | $1.3M | $1 | — | View 990 |
| 2021 | $326K | $51K | $1.4M | $1 | — | — |
| 2020 | $28K | $53K | $1.2M | $1 | — | — |
| 2019 | $59K | $55K | $1.2M | $1 | — | View 990 |
| 2015 | $186K | $47K | $1.1M | $1 | — | View 990 |
| 2014 | $70K | $68K | $992K | $1 | — | View 990 |
| 2013 | $755K | $36K | $991K | $1 | — | View 990 |
| 2012 | $16K | $42K | $272K | $1 | — | View 990 |
| 2011 | $11K | $34K | $298K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $79K, and assets of $1.2M.
- 2022: Revenue of $-122,609, expenses of $65K, and assets of $1.3M (revenue -137.6% year-over-year).
- 2021: Revenue of $326K, expenses of $51K, and assets of $1.4M (revenue +1052.0% year-over-year).
- 2020: Revenue of $28K, expenses of $53K, and assets of $1.2M (revenue -52.0% year-over-year).
- 2019: Revenue of $59K, expenses of $55K, and assets of $1.2M (revenue -68.3% year-over-year).
- 2015: Revenue of $186K, expenses of $47K, and assets of $1.1M (revenue +167.7% year-over-year).
- 2014: Revenue of $70K, expenses of $68K, and assets of $992K (revenue -90.8% year-over-year).
- 2013: Revenue of $755K, expenses of $36K, and assets of $991K (revenue +4697.8% year-over-year).
- 2012: Revenue of $16K, expenses of $42K, and assets of $272K (revenue +43.4% year-over-year).
- 2011: Revenue of $11K, expenses of $34K, and assets of $298K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bindler Family Foundation:
Data Sources and Methodology
This transparency report for Bindler 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.