Burnham Foundation Inc
Burnham Foundation: Consistent Spending, Limited Growth
EIN: 222979498 · Boston, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $396K |
| Total Expenses | $100K |
| Program Spending | 75% |
| Net Assets | $862K |
| Transparency Score | 65/100 |
Is Burnham Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Burnham Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Burnham Foundation Inc
Burnham Foundation Inc (EIN: 222979498) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $396K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burnham Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burnham Foundation Inc is a small nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $100K |
| Surplus / Deficit | +$37K |
| Total Assets | $862K |
| Total Liabilities | $1 |
| Net Assets | $862K |
| Operating Margin | 27.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 102.9 months |
Financial Health Grade: A
In 2023, Burnham Foundation Inc reported a surplus of $37K with revenue exceeding expenses, holds 102.9 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), Burnham Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.4% | -3.7% | +4.5% |
| 2022 | +172.8% | +14.5% | +6.9% |
| 2021 | +25.2% | +7.8% | -4.2% |
| 2020 | -33.5% | -2.5% | -4.6% |
| 2019 | +27.7% | +15.7% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Burnham Foundation Inc 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: 75%
- fundraising: 10%
According to IRS 990 filings, Burnham Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided filings, making a specific assessment difficult without further information.
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 Burnham Foundation Inc's IRS 990 filings:
- Lack of detailed program descriptions or impact metrics.
- Minimal revenue growth over the past decade, with some years showing declines (e.g., 2023 revenue of $137,796 vs. 2022 revenue of $157,258).
Strengths
The following positive indicators were identified for Burnham Foundation Inc:
- Consistent operational expenses relative to revenue, indicating stable management.
- Healthy asset base, consistently over $700,000, providing financial stability.
Frequently Asked Questions about Burnham Foundation Inc
Is Burnham Foundation Inc a legitimate charity?
Burnham Foundation Inc (EIN: 222979498) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $396K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Burnham Foundation Inc spend its money?
Burnham Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Burnham Foundation Inc tax-deductible?
Burnham Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222979498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Burnham Foundation Inc's spending goes to programs?
Burnham Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Burnham Foundation Inc located?
Burnham Foundation Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 222979498.
How many years of IRS 990 filings does Burnham Foundation Inc have?
Burnham 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 $396K in total revenue.
What does Burnham Foundation Inc do?
Burnham Foundation Inc is a nonprofit organization in the Unknown sector, located in Boston, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Burnham Foundation Inc have?
Burnham Foundation Inc reported total revenue of $396,415. Based on 10 IRS 990 filings on record.
What are Burnham Foundation Inc's total assets?
Burnham Foundation Inc holds total assets of $1,011,201 as reported in IRS 990 filings.
Where is Burnham Foundation Inc located?
Burnham Foundation Inc is based in Boston, Massachusetts.
What is Burnham Foundation Inc's EIN?
Burnham Foundation Inc's Employer Identification Number (EIN) is 222979498. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Burnham Foundation Inc?
Burnham Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Burnham Foundation Inc a registered 501(c)(3)?
Burnham Foundation Inc appears in IRS records (EIN: 222979498). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Burnham Foundation Inc file IRS Form 990?
Yes, Burnham Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Burnham Foundation Inc's revenue in 2023?
In the 202312 filing period, Burnham Foundation Inc reported total revenue of $137,796, total expenses of $100,473, and net assets of $861,817.
Is Burnham Foundation Inc's revenue growing or declining?
Burnham Foundation Inc's revenue is declining. Revenue went from $157,258 (202212) to $137,796 (202312), a -12.4% change. Based on 10 filings on record.
What is Burnham Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Burnham Foundation Inc covers tax period 202312. It shows revenue of $137,796, expenses of $100,473, total assets of $861,817, and liabilities of $1.
How much does Burnham Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Burnham Foundation Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Burnham Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Burnham Foundation Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Burnham Foundation Inc?
The following concerns were identified: Lack of detailed program descriptions or impact metrics.. Minimal revenue growth over the past decade, with some years showing declines (e.g., 2023 revenue of $137,796 vs. 2022 revenue of $157,258).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Burnham Foundation Inc's strengths?
Positive indicators for Burnham Foundation Inc include: Consistent operational expenses relative to revenue, indicating stable management.. Healthy asset base, consistently over $700,000, providing financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Burnham Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided filings, making a specific assessment difficult without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent asset base and relatively stable expenses, what is the long-term strategy for program expansion or increased community impact?
The provided data suggests a focus on maintaining operations rather than significant growth. Without further information, it's unclear if there's a strategy for expanding programs or increasing community impact beyond current levels.
Filing History
IRS 990 filing history for Burnham Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Burnham Foundation Inc's revenue has grown by 236.4%, moving from $41K to $138K. Total assets increased by 0.2% over the same period, from $860K to $862K. Total functional expenses rose by 74.3%, from $58K to $100K. In its most recent filing year (2023), Burnham Foundation Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $1 in liabilities against $862K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $862K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $100K | $862K | $1 | — | — |
| 2022 | $157K | $104K | $824K | $1 | — | View 990 |
| 2021 | $58K | $91K | $772K | $1 | — | — |
| 2020 | $46K | $85K | $805K | $1 | — | — |
| 2019 | $69K | $87K | $844K | $0 | — | View 990 |
| 2015 | $54K | $75K | $831K | $0 | — | View 990 |
| 2014 | $51K | $70K | $852K | $0 | — | View 990 |
| 2013 | $90K | $69K | $871K | $0 | — | View 990 |
| 2012 | $63K | $61K | $849K | $0 | — | View 990 |
| 2011 | $41K | $58K | $860K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $100K, and assets of $862K (revenue -12.4% year-over-year).
- 2022: Revenue of $157K, expenses of $104K, and assets of $824K (revenue +172.8% year-over-year).
- 2021: Revenue of $58K, expenses of $91K, and assets of $772K (revenue +25.2% year-over-year).
- 2020: Revenue of $46K, expenses of $85K, and assets of $805K (revenue -33.5% year-over-year).
- 2019: Revenue of $69K, expenses of $87K, and assets of $844K (revenue +27.7% year-over-year).
- 2015: Revenue of $54K, expenses of $75K, and assets of $831K (revenue +6.4% year-over-year).
- 2014: Revenue of $51K, expenses of $70K, and assets of $852K (revenue -43.6% year-over-year).
- 2013: Revenue of $90K, expenses of $69K, and assets of $871K (revenue +44.1% year-over-year).
- 2012: Revenue of $63K, expenses of $61K, and assets of $849K (revenue +52.9% year-over-year).
- 2011: Revenue of $41K, expenses of $58K, and assets of $860K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burnham Foundation Inc:
Data Sources and Methodology
This transparency report for Burnham 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.