Buller Fam Foundation Tr
Buller Fam Foundation Tr maintains stable assets and minimal liabilities with no reported officer compensation.
EIN: 116598655 · Farmingdale, NY · NTEE: T20 · Updated: 2026-03-28
Is Buller Fam Foundation Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Buller Fam Foundation Tr directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Buller Fam Foundation Tr
Buller Fam Foundation Tr (EIN: 116598655) is a nonprofit organization based in Farmingdale, NY, classified under NTEE code T20. The organization reported total revenue of $6.7M and total assets of $8.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buller Fam Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Buller Fam Foundation Tr is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $196K |
| Total Expenses | $137K |
| Surplus / Deficit | +$58K |
| Total Assets | $2.4M |
| Total Liabilities | $1 |
| Net Assets | $2.4M |
| Operating Margin | 29.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 206.3 months |
Financial Health Grade: A
In 2023, Buller Fam Foundation Tr reported a surplus of $58K with revenue exceeding expenses, holds 206.3 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), Buller Fam Foundation Tr's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.9% | -10.3% | +2.5% |
| 2022 | -42.1% | -23.1% | +1.8% |
| 2021 | +295.6% | +67.0% | +6.4% |
| 2020 | -23.3% | -12.6% | -1.6% |
| 2019 | -61.6% | +13.0% | +10.0% |
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 Buller Fam Foundation Tr with a Mission Score of 80 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Buller Fam Foundation Tr allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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 $58K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is highly unusual for an organization of its size and asset base.
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 Buller Fam Foundation Tr's IRS 990 filings:
- Lack of detailed expense breakdown makes program efficiency difficult to fully ascertain.
- Consistent reporting of $1 in liabilities is unusual and lacks clarity.
- No reported officer compensation for an organization with millions in assets could indicate undisclosed related-party transactions or significant volunteer reliance.
Strengths
The following positive indicators were identified for Buller Fam Foundation Tr:
- Strong asset base relative to annual expenses, indicating financial stability (e.g., $2.3M assets vs. $137K expenses in 2023).
- Consistent surplus of revenue over expenses in recent years, allowing for asset growth.
- Zero reported officer compensation, suggesting low administrative overhead in terms of executive salaries.
- Minimal liabilities, indicating a healthy balance sheet.
Frequently Asked Questions about Buller Fam Foundation Tr
Is Buller Fam Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Buller Fam Foundation Tr (EIN: 116598655) some concerns. Mission Score: 80/100. 3 red flags identified, 4 strengths noted.
How does Buller Fam Foundation Tr spend its money?
Buller Fam Foundation Tr directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Buller Fam Foundation Tr tax-deductible?
Buller Fam Foundation Tr is registered as a tax-exempt nonprofit (EIN: 116598655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific program activities or grants made by the Buller Fam Foundation Tr?
The provided data does not detail specific program activities or grants. As a private grantmaking foundation (NTEE T20), its primary program activity would be making grants to other organizations, but the recipients or focus areas are not specified here.
How does the foundation manage its operations without any reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation may be run by unpaid volunteers, or its administrative functions are handled by an external entity or related party, which is not disclosed in this summary data.
What is the nature of the 'Liabilities=$1' reported in most filings?
The recurring 'Liabilities=$1' is a nominal amount and likely represents a placeholder or a minor, inconsequential liability, rather than a significant financial obligation.
Has the foundation's grantmaking activity increased or decreased over time?
While total expenses fluctuate, without a specific breakdown of grantmaking expenses, it's difficult to determine the trend in actual grantmaking activity. Total expenses have generally been in the $100,000-$300,000 range annually.
Filing History
IRS 990 filing history for Buller Fam Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Buller Fam Foundation Tr's revenue has declined by 29.9%, moving from $279K to $196K. Total assets decreased by 38.1% over the same period, from $3.8M to $2.4M. Total functional expenses fell by 42.7%, from $240K to $137K. In its most recent filing year (2023), Buller Fam Foundation Tr reported a surplus of $58K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $196K | $137K | $2.4M | $1 | — | — |
| 2022 | $194K | $153K | $2.3M | $1 | — | View 990 |
| 2021 | $335K | $199K | $2.3M | $1 | — | View 990 |
| 2020 | $85K | $119K | $2.1M | $1 | — | View 990 |
| 2019 | $110K | $136K | $2.2M | $1 | — | View 990 |
| 2015 | $287K | $121K | $2.0M | $0 | — | View 990 |
| 2014 | $332K | $315K | $2.6M | $1 | — | View 990 |
| 2013 | $280K | $299K | $3.6M | $1 | — | View 990 |
| 2012 | $114K | $295K | $3.6M | $1 | — | View 990 |
| 2011 | $279K | $240K | $3.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $196K, expenses of $137K, and assets of $2.4M (revenue +0.9% year-over-year).
- 2022: Revenue of $194K, expenses of $153K, and assets of $2.3M (revenue -42.1% year-over-year).
- 2021: Revenue of $335K, expenses of $199K, and assets of $2.3M (revenue +295.6% year-over-year).
- 2020: Revenue of $85K, expenses of $119K, and assets of $2.1M (revenue -23.3% year-over-year).
- 2019: Revenue of $110K, expenses of $136K, and assets of $2.2M (revenue -61.6% year-over-year).
- 2015: Revenue of $287K, expenses of $121K, and assets of $2.0M (revenue -13.5% year-over-year).
- 2014: Revenue of $332K, expenses of $315K, and assets of $2.6M (revenue +18.6% year-over-year).
- 2013: Revenue of $280K, expenses of $299K, and assets of $3.6M (revenue +145.1% year-over-year).
- 2012: Revenue of $114K, expenses of $295K, and assets of $3.6M (revenue -59.1% year-over-year).
- 2011: Revenue of $279K, expenses of $240K, and assets of $3.8M.
Data Sources and Methodology
This transparency report for Buller Fam Foundation 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.