Bucket Foundation
Bucket Foundation shows inconsistent revenue and frequent operating deficits, with no officer compensation reported.
EIN: 200292424 · Gurley, AL · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $330K |
| Total Expenses | $349K |
| Program Spending | 80% |
| Net Assets | $11K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Bucket Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Bucket Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Bucket Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $272K and expenses of $349K.
Revenue and Expenses
Bucket Foundation reported $272K in revenue and $349K in expenses, a deficit of $77K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Bucket Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $279K (80%) |
Across stored filings, Bucket Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade C | 10 stored filing years |
| Peer context | Compare with Association Of Tourist Railroads And Railway Museums Inc | Alabama and Category D context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Association Of Tourist Railroads And Railway Museums Inc →All Alabama nonprofits
All Category D
Local and Sector Spokes
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Gurley, AL nonprofitsCategory D in Alabama
Unclassified in Alabama
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Jump into spending, compensation, rankings, and filing-year evidence.
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Donation Decision Flow
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Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Bucket Foundation with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
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Bucket Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bucket Foundation
Bucket Foundation (EIN: 200292424) is a nonprofit organization based in Gurley, AL, classified under NTEE code D20. The organization reported total revenue of $330K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bucket Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bucket Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $349K |
| Surplus / Deficit | $-77,343 |
| Total Assets | $11K |
| Total Liabilities | $1 |
| Net Assets | $11K |
| Operating Margin | -28.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Bucket Foundation reported a deficit of $77K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bucket Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.4% | -20.9% | -87.6% |
| 2022 | +151.9% | +46.4% | +180.3% |
| 2021 | -46.8% | +17.2% | -76.7% |
| 2020 | +51.5% | +10.0% | +549.5% |
| 2019 | +60.4% | +57.5% | +33.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Bucket 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, Bucket 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through other means not reported as officer compensation, which is highly efficient for an organization of this size.
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 Bucket Foundation's IRS 990 filings:
- Frequent operating deficits (e.g., 2023, 2021, 2013, 2011 where expenses exceeded revenue)
- Significant year-over-year fluctuations in revenue and assets, indicating financial instability
- Low current assets ($9,277) relative to past performance and operational scale
Strengths
The following positive indicators were identified for Bucket Foundation:
- Consistent 0% officer compensation, indicating efficient use of funds at the executive level
- Long and consistent IRS 990 filing history, demonstrating transparency
- Very low liabilities (consistently $1), suggesting minimal debt burden
Frequently Asked Questions about Bucket Foundation
Is Bucket Foundation a legitimate charity?
Bucket Foundation (EIN: 200292424) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $330K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Bucket Foundation spend its money?
Bucket Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bucket Foundation tax-deductible?
Bucket Foundation is registered as a tax-exempt nonprofit (EIN: 200292424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bucket Foundation's spending goes to programs?
Bucket Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bucket Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Bucket Foundation is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bucket Foundation located?
Bucket Foundation is headquartered in Gurley, Alabama and files with the IRS under EIN 200292424. It is classified under NTEE code D20.
How many years of IRS 990 filings does Bucket Foundation have?
Bucket 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 $330K in total revenue.
Is Bucket Foundation financially stable?
Bucket Foundation's financial stability is questionable due to inconsistent revenue and expenses frequently exceeding revenue, as seen in 2023 where expenses ($348,938) surpassed revenue ($271,595).
How does Bucket Foundation manage its assets?
The organization's assets have fluctuated significantly, from a high of $135,136 in 2020 to a current $9,277, suggesting either active deployment of funds or challenges in asset retention.
What is the trend in Bucket Foundation's revenue?
Revenue has been highly volatile, peaking at $497,800 in 2022 and dropping to $271,595 in 2023, indicating an unpredictable funding environment.
Filing History
IRS 990 filing history for Bucket Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bucket Foundation's revenue has grown by 162.2%, moving from $104K to $272K. Total assets increased by 20.9% over the same period, from $9K to $11K. Total functional expenses rose by 222.2%, from $108K to $349K. In its most recent filing year (2023), Bucket Foundation reported a deficit of $77K, with expenses exceeding revenue. The organization holds $1 in liabilities against $11K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $349K | $11K | $1 | — | View 990 |
| 2022 | $498K | $441K | $88K | $1 | — | View 990 |
| 2021 | $198K | $301K | $32K | $1 | — | View 990 |
| 2020 | $372K | $257K | $135K | $1 | — | View 990 |
| 2019 | $245K | $234K | $21K | $1 | — | View 990 |
| 2015 | $153K | $148K | $16K | $1 | — | View 990 |
| 2014 | $152K | $145K | $11K | $1 | — | View 990 |
| 2013 | $111K | $126K | $4K | $1 | — | View 990 |
| 2012 | $123K | $113K | $19K | $1 | — | View 990 |
| 2011 | $104K | $108K | $9K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $349K, and assets of $11K (revenue -45.4% year-over-year).
- 2022: Revenue of $498K, expenses of $441K, and assets of $88K (revenue +151.9% year-over-year).
- 2021: Revenue of $198K, expenses of $301K, and assets of $32K (revenue -46.8% year-over-year).
- 2020: Revenue of $372K, expenses of $257K, and assets of $135K (revenue +51.5% year-over-year).
- 2019: Revenue of $245K, expenses of $234K, and assets of $21K (revenue +60.4% year-over-year).
- 2015: Revenue of $153K, expenses of $148K, and assets of $16K (revenue +0.4% year-over-year).
- 2014: Revenue of $152K, expenses of $145K, and assets of $11K (revenue +36.7% year-over-year).
- 2013: Revenue of $111K, expenses of $126K, and assets of $4K (revenue -9.3% year-over-year).
- 2012: Revenue of $123K, expenses of $113K, and assets of $19K (revenue +18.6% year-over-year).
- 2011: Revenue of $104K, expenses of $108K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bucket Foundation:
Data Sources and Methodology
This transparency report for Bucket 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.