Bob And Susan Card Charitable Foundation
Bob And Susan Card Charitable Foundation's assets have declined significantly over the past decade, despite recent balanced budgets.
EIN: 200875812 · Cleveland, TN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $82K |
| Program Spending | 80% |
| Net Assets | $44K |
| Transparency Score | 65/100 |
Is Bob And Susan Card Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bob And Susan Card Charitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bob And Susan Card Charitable Foundation
Bob And Susan Card Charitable Foundation (EIN: 200875812) is a nonprofit organization based in Cleveland, TN, classified under NTEE code T22. The organization reported total revenue of $60K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bob And Susan Card Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bob And Susan Card Charitable Foundation is a micro nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -19.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $82K |
| Surplus / Deficit | +$24K |
| Total Assets | $44K |
| Total Liabilities | $1 |
| Net Assets | $44K |
| Operating Margin | 22.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2022, Bob And Susan Card Charitable Foundation reported a surplus of $24K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Bob And Susan Card Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +112.0% | +14.6% | +114.4% |
| 2021 | -45.1% | -18.8% | -49.6% |
| 2020 | +127.2% | +82.7% | +6.2% |
| 2019 | -27.0% | -69.9% | -89.1% |
| 2015 | -47.9% | -55.6% | -27.0% |
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 Bob And Susan Card Charitable Foundation with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bob And Susan Card Charitable Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all nine filings, indicating that officers are not drawing salaries from the organization, which is a positive sign for donor funds being directed towards the mission.
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 Bob And Susan Card Charitable Foundation's IRS 990 filings:
- Significant long-term decline in assets from $976,976 in 2011 to $44,096 in 2022.
- History of large deficits where expenses significantly exceeded revenue in multiple periods (e.g., 201412, 201312, 201212).
- Unusual consistent reporting of $1 in liabilities across several years, which may obscure actual financial obligations.
Strengths
The following positive indicators were identified for Bob And Susan Card Charitable Foundation:
- Consistent 0% officer compensation across all filings, indicating no executive salaries are paid.
- Recent periods (e.g., 202212) show revenue exceeding expenses, indicating a more balanced budget in current operations.
- Consistent filing of IRS Form 990s, demonstrating compliance with reporting requirements.
Frequently Asked Questions about Bob And Susan Card Charitable Foundation
Is Bob And Susan Card Charitable Foundation a legitimate charity?
Bob And Susan Card Charitable Foundation (EIN: 200875812) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $60K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Bob And Susan Card Charitable Foundation spend its money?
Bob And Susan Card Charitable Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bob And Susan Card Charitable Foundation tax-deductible?
Bob And Susan Card Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 200875812). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bob And Susan Card Charitable Foundation's spending goes to programs?
Bob And Susan Card Charitable Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bob And Susan Card Charitable Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Bob And Susan Card Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bob And Susan Card Charitable Foundation located?
Bob And Susan Card Charitable Foundation is headquartered in Cleveland, Tennessee and files with the IRS under EIN 200875812. It is classified under NTEE code T22.
How many years of IRS 990 filings does Bob And Susan Card Charitable Foundation have?
Bob And Susan Card Charitable Foundation 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 $60K in total revenue.
Why have the organization's assets decreased from nearly $1 million in 2011 to $44,096 in 2022?
The provided data shows a significant decline in assets from $976,976 in 201112 to $44,096 in 202212. This could be due to substantial program spending, investment losses, or a deliberate strategy to disburse funds, but the exact reason is not detailed in the summary.
What is the nature of the consistent $1 liability reported in recent years?
The consistent reporting of $1 in liabilities across multiple recent filings (201312-202212) is unusual and typically indicates a nominal placeholder rather than a true financial obligation. Further investigation into the detailed 990 forms would be needed to understand its specific meaning.
How does the organization manage its expenses given the significant fluctuations in revenue?
The organization has experienced wide swings in revenue, from $1,104,807 in 201112 to $40,073 in 201912. While expenses have also fluctuated, the large deficits in earlier years (e.g., 201412 expenses of $362,525 against revenue of $105,345) suggest challenges in aligning spending with available income during those periods.
Filing History
IRS 990 filing history for Bob And Susan Card Charitable Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Bob And Susan Card Charitable Foundation's revenue has declined by 90.4%, moving from $1.1M to $106K. Total assets decreased by 95.5% over the same period, from $977K to $44K. Total functional expenses fell by 46%, from $153K to $82K. In its most recent filing year (2022), Bob And Susan Card Charitable Foundation reported a surplus of $24K, with revenue exceeding expenses. The organization holds $1 in liabilities against $44K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $44K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $106K | $82K | $44K | $1 | — | View 990 |
| 2021 | $50K | $72K | $21K | $1 | — | View 990 |
| 2020 | $91K | $89K | $41K | $1 | — | View 990 |
| 2019 | $40K | $49K | $38K | $1 | — | View 990 |
| 2015 | $55K | $161K | $351K | $1 | — | View 990 |
| 2014 | $105K | $363K | $481K | $1 | — | View 990 |
| 2013 | $121K | $233K | $738K | $1 | — | View 990 |
| 2012 | $65K | $192K | $850K | $0 | — | View 990 |
| 2011 | $1.1M | $153K | $977K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $106K, expenses of $82K, and assets of $44K (revenue +112.0% year-over-year).
- 2021: Revenue of $50K, expenses of $72K, and assets of $21K (revenue -45.1% year-over-year).
- 2020: Revenue of $91K, expenses of $89K, and assets of $41K (revenue +127.2% year-over-year).
- 2019: Revenue of $40K, expenses of $49K, and assets of $38K (revenue -27.0% year-over-year).
- 2015: Revenue of $55K, expenses of $161K, and assets of $351K (revenue -47.9% year-over-year).
- 2014: Revenue of $105K, expenses of $363K, and assets of $481K (revenue -12.8% year-over-year).
- 2013: Revenue of $121K, expenses of $233K, and assets of $738K (revenue +84.6% year-over-year).
- 2012: Revenue of $65K, expenses of $192K, and assets of $850K (revenue -94.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $153K, and assets of $977K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bob And Susan Card Charitable Foundation:
Data Sources and Methodology
This transparency report for Bob And Susan Card Charitable 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.