Bob R Barnard And Joyce G Barnard Charitable Tr
EIN: 876529807 · Colleyville, TX · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $879K |
| Net Assets | $27.9M |
Is Bob R Barnard And Joyce G Barnard Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bob R Barnard And Joyce G Barnard Charitable Tr
Bob R Barnard And Joyce G Barnard Charitable Tr (EIN: 876529807) is a nonprofit organization based in Colleyville, TX, classified under NTEE code T12. The organization reported total revenue of $1.1M and total assets of $27.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bob R Barnard And Joyce G Barnard Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bob R Barnard And Joyce G Barnard Charitable Tr is a mid-size nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 112945.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $879K |
| Surplus / Deficit | +$399K |
| Total Assets | $27.9M |
| Total Liabilities | $1 |
| Net Assets | $27.9M |
| Operating Margin | 31.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 381.2 months |
Financial Health Grade: A
In 2023, Bob R Barnard And Joyce G Barnard Charitable Tr reported a surplus of $399K with revenue exceeding expenses, holds 381.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Bob R Barnard And Joyce G Barnard Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 112945.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.8% | +5771.2% | +1.4% |
| 2022 | +73522900.0% | — | +2752775900.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bob R Barnard And Joyce G Barnard Charitable Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bob R Barnard And Joyce G Barnard Charitable Tr with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $399K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Bob R Barnard And Joyce G Barnard Charitable Tr
Is Bob R Barnard And Joyce G Barnard Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Bob R Barnard And Joyce G Barnard Charitable Tr (EIN: 876529807) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bob R Barnard And Joyce G Barnard Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for Bob R Barnard And Joyce G Barnard Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to Bob R Barnard And Joyce G Barnard Charitable Tr tax-deductible?
Bob R Barnard And Joyce G Barnard Charitable Tr is registered as a tax-exempt nonprofit (EIN: 876529807). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bob R Barnard And Joyce G Barnard Charitable Tr located?
Bob R Barnard And Joyce G Barnard Charitable Tr is headquartered in Colleyville, Texas and files with the IRS under EIN 876529807. It is classified under NTEE code T12.
How many years of IRS 990 filings does Bob R Barnard And Joyce G Barnard Charitable Tr have?
Bob R Barnard And Joyce G Barnard Charitable Tr has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.1M in total revenue.
Filing History
IRS 990 filing history for Bob R Barnard And Joyce G Barnard Charitable Tr showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Bob R Barnard And Joyce G Barnard Charitable Tr's revenue has grown by 127792600%, moving from $1 to $1.3M. Total assets increased by 2792658700% over the same period, from $1 to $27.9M. In its most recent filing year (2023), Bob R Barnard And Joyce G Barnard Charitable Tr reported a surplus of $399K, with revenue exceeding expenses. The organization holds $1 in liabilities against $27.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $879K | $27.9M | $1 | — | — |
| 2022 | $735K | $15K | $27.5M | $1 | — | — |
| 2021 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $879K, and assets of $27.9M (revenue +73.8% year-over-year).
- 2022: Revenue of $735K, expenses of $15K, and assets of $27.5M (revenue +73522900.0% year-over-year).
- 2021: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bob R Barnard And Joyce G Barnard Charitable Tr:
Data Sources and Methodology
This transparency report for Bob R Barnard And Joyce G Barnard Charitable Tr 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.