Birnkrant Foundation For Senior Citizens 15 669145907250
Birnkrant Foundation maintains strong asset growth with minimal liabilities and zero reported officer compensation.
EIN: 204103741 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
Is Birnkrant Foundation For Senior Citizens 15 669145907250 Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Birnkrant Foundation For Senior Citizens 15 669145907250 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Birnkrant Foundation For Senior Citizens 15 669145907250
Birnkrant Foundation For Senior Citizens 15 669145907250 (EIN: 204103741) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $1.1M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Birnkrant Foundation For Senior Citizens 15 669145907250's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Birnkrant Foundation For Senior Citizens 15 669145907250 is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $266K |
| Total Expenses | $112K |
| Surplus / Deficit | +$154K |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | 57.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 139.0 months |
Financial Health Grade: A
In 2023, Birnkrant Foundation For Senior Citizens 15 669145907250 reported a surplus of $154K with revenue exceeding expenses, holds 139.0 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), Birnkrant Foundation For Senior Citizens 15 669145907250's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +255.0% | -8.6% | +13.3% |
| 2022 | -50.8% | +11.0% | -4.2% |
| 2021 | +15.1% | +5.8% | +3.6% |
| 2020 | -0.4% | +0.9% | +2.5% |
| 2019 | +33.2% | +20.1% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Birnkrant Foundation For Senior Citizens 15 669145907250 with a Mission Score of 95 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, Birnkrant Foundation For Senior Citizens 15 669145907250 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 surplus of $154K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has been consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for an organization of its size with assets over $1 million.
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.
Strengths
The following positive indicators were identified for Birnkrant Foundation For Senior Citizens 15 669145907250:
- Consistent asset growth, from $1,053,351 in 2011 to $1,299,651 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Minimal liabilities ($0 or $1) consistently reported, reflecting strong financial health.
- Expenses consistently lower than revenue, allowing for sustainable operations and asset accumulation.
- Strong program focus implied by low administrative overhead and consistent financial stability.
Frequently Asked Questions about Birnkrant Foundation For Senior Citizens 15 669145907250
Is Birnkrant Foundation For Senior Citizens 15 669145907250 a legitimate charity?
Based on AI analysis of IRS 990 filings, Birnkrant Foundation For Senior Citizens 15 669145907250 (EIN: 204103741) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Birnkrant Foundation For Senior Citizens 15 669145907250 spend its money?
Birnkrant Foundation For Senior Citizens 15 669145907250 directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Birnkrant Foundation For Senior Citizens 15 669145907250 tax-deductible?
Birnkrant Foundation For Senior Citizens 15 669145907250 is registered as a tax-exempt nonprofit (EIN: 204103741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Birnkrant Foundation For Senior Citizens financially stable?
Yes, the foundation is financially stable, consistently growing its assets from $1,053,351 in 2011 to $1,299,651 in 2023, while maintaining minimal liabilities.
How efficient is the Birnkrant Foundation's spending?
The foundation appears highly efficient, with expenses consistently well below revenue, and zero reported officer compensation across all filings, suggesting very low administrative overhead.
Does the Birnkrant Foundation pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation for all available periods, indicating that officers are not compensated.
Filing History
IRS 990 filing history for Birnkrant Foundation For Senior Citizens 15 669145907250 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Birnkrant Foundation For Senior Citizens 15 669145907250's revenue has grown by 343.6%, moving from $60K to $266K. Total assets increased by 23.4% over the same period, from $1.1M to $1.3M. Total functional expenses rose by 76.1%, from $64K to $112K. In its most recent filing year (2023), Birnkrant Foundation For Senior Citizens 15 669145907250 reported a surplus of $154K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $266K | $112K | $1.3M | $1 | — | View 990 |
| 2022 | $75K | $123K | $1.1M | $1 | — | View 990 |
| 2021 | $153K | $111K | $1.2M | $1 | — | — |
| 2020 | $133K | $104K | $1.2M | $1 | — | — |
| 2019 | $133K | $104K | $1.1M | $1 | — | View 990 |
| 2015 | $100K | $86K | $1.1M | $0 | — | View 990 |
| 2014 | $105K | $81K | $1.1M | $0 | — | View 990 |
| 2013 | $130K | $68K | $1.1M | $0 | — | View 990 |
| 2012 | $31K | $68K | $1.0M | $0 | — | View 990 |
| 2011 | $60K | $64K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $266K, expenses of $112K, and assets of $1.3M (revenue +255.0% year-over-year).
- 2022: Revenue of $75K, expenses of $123K, and assets of $1.1M (revenue -50.8% year-over-year).
- 2021: Revenue of $153K, expenses of $111K, and assets of $1.2M (revenue +15.1% year-over-year).
- 2020: Revenue of $133K, expenses of $104K, and assets of $1.2M (revenue -0.4% year-over-year).
- 2019: Revenue of $133K, expenses of $104K, and assets of $1.1M (revenue +33.2% year-over-year).
- 2015: Revenue of $100K, expenses of $86K, and assets of $1.1M (revenue -5.2% year-over-year).
- 2014: Revenue of $105K, expenses of $81K, and assets of $1.1M (revenue -18.7% year-over-year).
- 2013: Revenue of $130K, expenses of $68K, and assets of $1.1M (revenue +317.2% year-over-year).
- 2012: Revenue of $31K, expenses of $68K, and assets of $1.0M (revenue -48.2% year-over-year).
- 2011: Revenue of $60K, expenses of $64K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Birnkrant Foundation For Senior Citizens 15 669145907250:
Data Sources and Methodology
This transparency report for Birnkrant Foundation For Senior Citizens 15 669145907250 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.