Burchfield Family Charitable Foundation
Burchfield Family Charitable Foundation maintains strong assets and no officer compensation despite recent spending exceeding revenue.
EIN: 208062447 · Mclean, VA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $980K |
| Program Spending | 95% |
| Net Assets | $3.0M |
| Transparency Score | 92/100 |
Is Burchfield Family Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Burchfield Family Charitable Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Burchfield Family Charitable Foundation
Burchfield Family Charitable Foundation (EIN: 208062447) is a nonprofit organization based in Mclean, VA, classified under NTEE code T22. The organization reported total revenue of $1.9M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burchfield Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burchfield Family Charitable Foundation is a mid-size nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $654K |
| Total Expenses | $980K |
| Surplus / Deficit | $-326,270 |
| Total Assets | $3.0M |
| Total Liabilities | $1 |
| Net Assets | $3.0M |
| Operating Margin | -49.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 36.8 months |
Financial Health Grade: B
In 2024, Burchfield Family Charitable Foundation reported a deficit of $326K with expenses exceeding revenue, holds 36.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Burchfield Family Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.9% | +202.9% | +0.8% |
| 2023 | +12.1% | -39.7% | +10.7% |
| 2022 | +11.9% | +1726.7% | +0.3% |
| 2021 | +72.8% | +28.5% | +20.6% |
| 2020 | +46.6% | -80.9% | +13.2% |
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 Burchfield Family Charitable Foundation with a Mission Score of 92 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Burchfield Family Charitable Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $326K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the foundation's leadership is entirely volunteer-based, which is highly efficient for a charitable organization of its 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 Burchfield Family Charitable Foundation's IRS 990 filings:
- Expenses exceeded revenue in the latest 202406 filing period ($980,031 expenses vs. $653,761 revenue).
Strengths
The following positive indicators were identified for Burchfield Family Charitable Foundation:
- Zero officer compensation across all reported periods, indicating volunteer leadership.
- Strong and growing asset base, from $1.3M in 2012 to over $3M in 2024.
- Consistently low liabilities ($0 or $1) across all filings, indicating strong financial management.
- High program spending efficiency due to minimal administrative and no fundraising costs.
- Consistent financial reporting with 11 filings available, demonstrating transparency.
Frequently Asked Questions about Burchfield Family Charitable Foundation
Is Burchfield Family Charitable Foundation a legitimate charity?
Burchfield Family Charitable Foundation (EIN: 208062447) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Burchfield Family Charitable Foundation spend its money?
Burchfield Family Charitable Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Burchfield Family Charitable Foundation tax-deductible?
Burchfield Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 208062447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Burchfield Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Burchfield Family Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Burchfield Family Charitable Foundation located?
Burchfield Family Charitable Foundation is headquartered in Mclean, Virginia and files with the IRS under EIN 208062447. It is classified under NTEE code T22.
How many years of IRS 990 filings does Burchfield Family Charitable Foundation have?
Burchfield Family Charitable Foundation has 11 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 $1.9M in total revenue.
Is Burchfield Family Charitable Foundation a good charity?
Based on the available data, the Burchfield Family Charitable Foundation appears to be a very good charity. It has no officer compensation, a strong asset base, and consistently low liabilities, indicating efficient use of funds and strong financial health.
How has the foundation's asset base changed over time?
The foundation's assets have grown significantly, from $1,356,721 in 2012 to $3,005,565 in 2024, demonstrating consistent financial growth and stability.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation in all available filings, suggesting that its leadership operates on a volunteer basis, which is a strong indicator of dedication and efficiency.
Did the foundation operate at a deficit in its latest filing period?
Yes, in the 202406 period, the foundation reported expenses of $980,031 against revenue of $653,761, indicating that expenses exceeded revenue for that year.
How does the foundation's liability compare to its assets?
The foundation consistently reports extremely low liabilities ($0 or $1) compared to its substantial assets (e.g., $3,005,565 in 2024), indicating a very healthy financial position with minimal debt.
Filing History
IRS 990 filing history for Burchfield Family Charitable Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Burchfield Family Charitable Foundation's revenue has grown by 57.3%, moving from $416K to $654K. Total assets increased by 170.7% over the same period, from $1.1M to $3.0M. Total functional expenses rose by 461.7%, from $174K to $980K. In its most recent filing year (2024), Burchfield Family Charitable Foundation reported a deficit of $326K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $654K | $980K | $3.0M | $1 | — | View 990 |
| 2023 | $612K | $324K | $3.0M | $1 | — | View 990 |
| 2022 | $545K | $536K | $2.7M | $1 | — | View 990 |
| 2021 | $488K | $29K | $2.7M | $1 | — | View 990 |
| 2020 | $282K | $23K | $2.2M | $1 | — | — |
| 2019 | $192K | $120K | $2.0M | $1 | — | View 990 |
| 2015 | $530K | $495K | $1.7M | $1 | — | View 990 |
| 2014 | $518K | $273K | $2.0M | $0 | — | View 990 |
| 2013 | $508K | $77K | $1.8M | $0 | — | View 990 |
| 2012 | $458K | $212K | $1.4M | $0 | — | View 990 |
| 2011 | $416K | $174K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $654K, expenses of $980K, and assets of $3.0M (revenue +6.9% year-over-year).
- 2023: Revenue of $612K, expenses of $324K, and assets of $3.0M (revenue +12.1% year-over-year).
- 2022: Revenue of $545K, expenses of $536K, and assets of $2.7M (revenue +11.9% year-over-year).
- 2021: Revenue of $488K, expenses of $29K, and assets of $2.7M (revenue +72.8% year-over-year).
- 2020: Revenue of $282K, expenses of $23K, and assets of $2.2M (revenue +46.6% year-over-year).
- 2019: Revenue of $192K, expenses of $120K, and assets of $2.0M (revenue -63.7% year-over-year).
- 2015: Revenue of $530K, expenses of $495K, and assets of $1.7M (revenue +2.2% year-over-year).
- 2014: Revenue of $518K, expenses of $273K, and assets of $2.0M (revenue +2.0% year-over-year).
- 2013: Revenue of $508K, expenses of $77K, and assets of $1.8M (revenue +11.0% year-over-year).
- 2012: Revenue of $458K, expenses of $212K, and assets of $1.4M (revenue +10.2% year-over-year).
- 2011: Revenue of $416K, expenses of $174K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burchfield Family Charitable Foundation:
Data Sources and Methodology
This transparency report for Burchfield Family Charitable 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.