Bondi Foundation Inc
Bondi Foundation Inc maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 134015931 · Greenwich, CT · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| Net Assets | $7.6M |
| Transparency Score | 90/100 |
Is Bondi Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bondi Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bondi Foundation Inc
Bondi Foundation Inc (EIN: 134015931) is a nonprofit organization based in Greenwich, CT, classified under NTEE code T21. The organization reported total revenue of $1.0M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bondi Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bondi Foundation Inc is a mid-size nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$165K |
| Total Assets | $7.6M |
| Total Liabilities | $1 |
| Net Assets | $7.6M |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 67.4 months |
Financial Health Grade: A
In 2023, Bondi Foundation Inc reported a surplus of $165K with revenue exceeding expenses, holds 67.4 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), Bondi Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.7% | +21.8% | +2.2% |
| 2022 | +79.1% | +20.3% | +1.2% |
| 2021 | +3.1% | -32.3% | -3.4% |
| 2020 | -41.6% | +40.1% | -8.6% |
| 2019 | -67.7% | -6.7% | -7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Bondi Foundation Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Bondi Foundation Inc 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 surplus of $165K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly favorable for resource allocation to its 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.
Strengths
The following positive indicators were identified for Bondi Foundation Inc:
- Consistent zero officer compensation reported across all filings.
- Strong and stable asset base, reaching $7,583,292 in 2023.
- Minimal liabilities ($1 in recent years) indicating sound financial management.
- Recent revenue growth from $667,981 in 2021 to $1,516,182 in 2023.
- Long history of IRS 990 filings (10 filings), indicating transparency and longevity.
Frequently Asked Questions about Bondi Foundation Inc
Is Bondi Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bondi Foundation Inc (EIN: 134015931) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Bondi Foundation Inc spend its money?
Bondi Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bondi Foundation Inc tax-deductible?
Bondi Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134015931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bondi Foundation Inc's spending goes to programs?
Bondi Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bondi Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Bondi Foundation Inc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bondi Foundation Inc located?
Bondi Foundation Inc is headquartered in Greenwich, Connecticut and files with the IRS under EIN 134015931. It is classified under NTEE code T21.
How many years of IRS 990 filings does Bondi Foundation Inc have?
Bondi Foundation Inc 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 $1.0M in total revenue.
Is Bondi Foundation Inc a good charity?
Based on its financial data, Bondi Foundation Inc appears to be a good charity. It maintains a healthy asset base ($7,583,292 in 2023), consistently reports zero officer compensation, and generally manages expenses effectively relative to revenue.
How has Bondi Foundation Inc's revenue trended over time?
Bondi Foundation Inc's revenue has fluctuated significantly over the past decade, ranging from a high of $3,431,881 in 2015 to a low of $545,797 in 2012, but has shown a positive trend in recent years, reaching $1,516,182 in 2023.
What is the organization's financial stability?
The organization demonstrates strong financial stability, evidenced by its consistent asset base (over $7 million in recent years) and minimal liabilities ($1 in recent filings), indicating a low-risk financial profile.
Filing History
IRS 990 filing history for Bondi Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bondi Foundation Inc's revenue has grown by 51.4%, moving from $1.0M to $1.5M. Total assets increased by 41.8% over the same period, from $5.3M to $7.6M. Total functional expenses rose by 145%, from $551K to $1.4M. In its most recent filing year (2023), Bondi Foundation Inc reported a surplus of $165K, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $7.6M | $1 | — | — |
| 2022 | $1.2M | $1.1M | $7.4M | $1 | — | View 990 |
| 2021 | $668K | $922K | $7.3M | $1 | — | View 990 |
| 2020 | $648K | $1.4M | $7.6M | $1 | — | — |
| 2019 | $1.1M | $972K | $8.3M | $1 | — | View 990 |
| 2015 | $3.4M | $1.0M | $9.0M | $0 | — | View 990 |
| 2014 | $1.9M | $715K | $6.6M | $0 | — | View 990 |
| 2013 | $605K | $480K | $5.5M | $0 | — | View 990 |
| 2012 | $546K | $508K | $5.4M | $0 | — | View 990 |
| 2011 | $1.0M | $551K | $5.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $7.6M (revenue +26.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $7.4M (revenue +79.1% year-over-year).
- 2021: Revenue of $668K, expenses of $922K, and assets of $7.3M (revenue +3.1% year-over-year).
- 2020: Revenue of $648K, expenses of $1.4M, and assets of $7.6M (revenue -41.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $972K, and assets of $8.3M (revenue -67.7% year-over-year).
- 2015: Revenue of $3.4M, expenses of $1.0M, and assets of $9.0M (revenue +85.5% year-over-year).
- 2014: Revenue of $1.9M, expenses of $715K, and assets of $6.6M (revenue +205.9% year-over-year).
- 2013: Revenue of $605K, expenses of $480K, and assets of $5.5M (revenue +10.8% year-over-year).
- 2012: Revenue of $546K, expenses of $508K, and assets of $5.4M (revenue -45.5% year-over-year).
- 2011: Revenue of $1.0M, expenses of $551K, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bondi Foundation Inc:
Data Sources and Methodology
This transparency report for Bondi Foundation Inc 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.