Bossen Family Foundation
Bossen Family Foundation's assets decline steadily amid minimal revenue and expenses exceeding income.
EIN: 208209673 · Arcadia, NE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60 |
| Total Expenses | $2K |
| Program Spending | 80% |
| Net Assets | $12K |
| Transparency Score | 45/100 |
Is Bossen Family Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bossen Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bossen Family Foundation
Bossen Family Foundation (EIN: 208209673) is a nonprofit organization based in Arcadia, NE, classified under NTEE code T20. The organization reported total revenue of $60 and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bossen Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bossen Family Foundation is a micro 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 -45.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53 |
| Total Expenses | $2K |
| Surplus / Deficit | $-2,397 |
| Total Assets | $12K |
| Total Liabilities | $1 |
| Net Assets | $12K |
| Operating Margin | -4522.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 58.9 months |
Financial Health Grade: B
In 2023, Bossen Family Foundation reported a deficit of $2K with expenses exceeding revenue, holds 58.9 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), Bossen Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -45.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +278.6% | +71.9% | -16.6% |
| 2022 | +55.6% | -52.5% | -8.9% |
| 2021 | -10.0% | +559.3% | -15.9% |
| 2020 | +0.0% | -93.0% | -2.3% |
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 Bossen Family Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Bossen Family Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that no officers or directors are receiving salaries from the foundation, which is appropriate given its small size and limited financial activity.
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 Bossen Family Foundation's IRS 990 filings:
- Consistent asset depletion: Assets have decreased from $75,000 in 2011 to $12,017 in 2023.
- Expenses frequently exceed revenue by a significant margin, e.g., $2,450 expenses vs. $53 revenue in 2023.
- Extremely low and inconsistent revenue generation in recent years, indicating a lack of active fundraising or new contributions.
- Unusual recurring $1 liability reported in recent filings without clear explanation.
Strengths
The following positive indicators were identified for Bossen Family Foundation:
- Consistent IRS 990 filing history, indicating transparency in reporting.
- Zero officer compensation reported across all filings, demonstrating good stewardship regarding executive pay.
- Low liabilities, generally indicating a healthy balance sheet in terms of debt.
Frequently Asked Questions about Bossen Family Foundation
Is Bossen Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bossen Family Foundation (EIN: 208209673) significant concerns. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
How does Bossen Family Foundation spend its money?
Bossen Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bossen Family Foundation tax-deductible?
Bossen Family Foundation is registered as a tax-exempt nonprofit (EIN: 208209673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bossen Family Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Bossen Family Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bossen Family Foundation located?
Bossen Family Foundation is headquartered in Arcadia, Nebraska and files with the IRS under EIN 208209673. It is classified under NTEE code T20.
How many years of IRS 990 filings does Bossen Family Foundation have?
Bossen Family Foundation 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 $60 in total revenue.
What are the specific program activities or grants made by the Bossen Family Foundation?
The IRS 990 data provided does not detail specific program activities or grants. As a private grantmaking foundation (NTEE T20), its primary mission would typically involve making grants, but the filings only show overall expenses without a breakdown of program service expenses versus administrative costs.
Why has the foundation's revenue been consistently so low in recent years?
The foundation's revenue has been extremely low, ranging from $9 to $53 in the last four periods, suggesting it is not actively fundraising or receiving significant new contributions. It appears to be operating primarily by drawing down its existing assets.
What accounts for the consistent $1 liability reported in recent filings?
The consistent reporting of $1 in liabilities from 2020 to 2023 is unusual and not explained by the provided data. While a negligible amount, it's an odd recurring figure that could represent a minor outstanding balance or an accounting artifact.
Is the foundation sustainable given its declining assets and minimal revenue?
Based on the trend of declining assets (from $75,000 in 2011 to $12,017 in 2023) and consistently low revenue, the foundation appears to be in a phase of asset depletion rather than sustainable growth or ongoing operations funded by new income. Its long-term viability at its current operational model is questionable without new funding.
Filing History
IRS 990 filing history for Bossen Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bossen Family Foundation's revenue has declined by 99.9%, moving from $75K to $53. Total assets decreased by 84% over the same period, from $75K to $12K. Total functional expenses rose by 12150%, from $20 to $2K. In its most recent filing year (2023), Bossen Family Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $12K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53 | $2K | $12K | $1 | — | — |
| 2022 | $14 | $1K | $14K | $1 | — | View 990 |
| 2021 | $9 | $3K | $16K | $1 | — | — |
| 2020 | $10 | $455 | $19K | $1 | — | View 990 |
| 2019 | $10 | $6K | $19K | $0 | — | View 990 |
| 2015 | $0 | $418 | $32K | $0 | — | View 990 |
| 2014 | $1 | $16K | $32K | $0 | — | View 990 |
| 2013 | $0 | $16K | $48K | $0 | — | View 990 |
| 2012 | $0 | $11K | $64K | $0 | — | View 990 |
| 2011 | $75K | $20 | $75K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53, expenses of $2K, and assets of $12K (revenue +278.6% year-over-year).
- 2022: Revenue of $14, expenses of $1K, and assets of $14K (revenue +55.6% year-over-year).
- 2021: Revenue of $9, expenses of $3K, and assets of $16K (revenue -10.0% year-over-year).
- 2020: Revenue of $10, expenses of $455, and assets of $19K (revenue +0.0% year-over-year).
- 2019: Revenue of $10, expenses of $6K, and assets of $19K.
- 2015: Revenue of $0, expenses of $418, and assets of $32K (revenue -100.0% year-over-year).
- 2014: Revenue of $1, expenses of $16K, and assets of $32K.
- 2013: Revenue of $0, expenses of $16K, and assets of $48K.
- 2012: Revenue of $0, expenses of $11K, and assets of $64K (revenue -100.0% year-over-year).
- 2011: Revenue of $75K, expenses of $20, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bossen Family Foundation:
Data Sources and Methodology
This transparency report for Bossen 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.