Burson Fam Foundation
Burson Fam Foundation shows consistent asset growth and no officer compensation over a decade.
EIN: 203504148 · Las Vegas, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $57K |
| Program Spending | 85% |
| Net Assets | $793K |
| Transparency Score | 90/100 |
Is Burson Fam Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Burson Fam Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Burson Fam Foundation
Burson Fam Foundation (EIN: 203504148) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T22. The organization reported total revenue of $1.1M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burson Fam Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burson Fam Foundation is a mid-size 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 34.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $104K |
| Total Expenses | $57K |
| Surplus / Deficit | +$47K |
| Total Assets | $793K |
| Total Liabilities | $1 |
| Net Assets | $793K |
| Operating Margin | 45.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 168.1 months |
Financial Health Grade: A
In 2023, Burson Fam Foundation reported a surplus of $47K with revenue exceeding expenses, holds 168.1 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), Burson Fam Foundation's revenue has grown at a compound annual growth rate (CAGR) of 34.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | -1.9% | +6.3% |
| 2022 | +25.4% | +0.0% | +6.3% |
| 2021 | +28.2% | +52.1% | +3.5% |
| 2020 | +23.2% | -31.5% | +3.9% |
| 2019 | +5.8% | -19.2% | -20.3% |
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 Burson Fam Foundation with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Burson Fam Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Burson Fam Foundation has reported 0% officer compensation across all ten available filing periods, indicating that no salaries or benefits are paid to its officers. This suggests a volunteer-led or very lean operational structure, which is highly efficient for a foundation 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.
Strengths
The following positive indicators were identified for Burson Fam Foundation:
- Consistent asset growth, reaching $793,068 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Minimal liabilities ($1) consistently reported, demonstrating strong financial health.
- Positive net income in recent years, such as $47,467 in 2023, allowing for reinvestment.
- Long history of IRS 990 filings (10 filings), indicating good transparency.
Frequently Asked Questions about Burson Fam Foundation
Is Burson Fam Foundation a legitimate charity?
Burson Fam Foundation (EIN: 203504148) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Burson Fam Foundation spend its money?
Burson Fam Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Burson Fam Foundation tax-deductible?
Burson Fam Foundation is registered as a tax-exempt nonprofit (EIN: 203504148). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Burson Fam Foundation's spending goes to programs?
Burson Fam Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Burson Fam Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Burson Fam 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 Burson Fam Foundation located?
Burson Fam Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 203504148. It is classified under NTEE code T22.
How many years of IRS 990 filings does Burson Fam Foundation have?
Burson Fam 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 $1.1M in total revenue.
Is Burson Fam Foundation financially stable?
Yes, the foundation appears financially stable, consistently reporting minimal liabilities ($1) and growing assets, reaching $793,068 in 2023. They have also generated a surplus in recent years, such as $47,467 in 2023 ($104,082 revenue - $56,615 expenses).
How much of the foundation's revenue goes to executive salaries?
None. The foundation has consistently reported 0% officer compensation across all available filings, indicating no executive salaries are paid.
Has the foundation's revenue been growing?
Yes, the foundation's revenue has shown a positive trend, increasing from $3,040 in 2011 to $104,082 in 2023.
What is the trend in the foundation's assets?
The foundation's assets have generally increased over time, from $826,807 in 2011 to $793,068 in 2023, with a notable increase from $652,813 in 2019 to $793,068 in 2023.
Filing History
IRS 990 filing history for Burson Fam Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Burson Fam Foundation's revenue has grown by 3323.7%, moving from $3K to $104K. Total assets decreased by 4.1% over the same period, from $827K to $793K. Total functional expenses rose by 23.2%, from $46K to $57K. In its most recent filing year (2023), Burson Fam Foundation reported a surplus of $47K, with revenue exceeding expenses. The organization holds $1 in liabilities against $793K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $793K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $104K | $57K | $793K | $1 | — | — |
| 2022 | $102K | $58K | $746K | $1 | — | View 990 |
| 2021 | $81K | $58K | $702K | $1 | — | View 990 |
| 2020 | $63K | $38K | $678K | $1 | — | View 990 |
| 2019 | $51K | $55K | $653K | $1 | — | View 990 |
| 2015 | $49K | $69K | $819K | $1 | — | View 990 |
| 2014 | $54K | $53K | $838K | $1 | — | View 990 |
| 2013 | $26K | $57K | $825K | $1 | — | View 990 |
| 2012 | $66K | $54K | $825K | $0 | — | View 990 |
| 2011 | $3K | $46K | $827K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $104K, expenses of $57K, and assets of $793K (revenue +2.1% year-over-year).
- 2022: Revenue of $102K, expenses of $58K, and assets of $746K (revenue +25.4% year-over-year).
- 2021: Revenue of $81K, expenses of $58K, and assets of $702K (revenue +28.2% year-over-year).
- 2020: Revenue of $63K, expenses of $38K, and assets of $678K (revenue +23.2% year-over-year).
- 2019: Revenue of $51K, expenses of $55K, and assets of $653K (revenue +5.8% year-over-year).
- 2015: Revenue of $49K, expenses of $69K, and assets of $819K (revenue -10.3% year-over-year).
- 2014: Revenue of $54K, expenses of $53K, and assets of $838K (revenue +109.0% year-over-year).
- 2013: Revenue of $26K, expenses of $57K, and assets of $825K (revenue -60.7% year-over-year).
- 2012: Revenue of $66K, expenses of $54K, and assets of $825K (revenue +2073.1% year-over-year).
- 2011: Revenue of $3K, expenses of $46K, and assets of $827K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burson Fam Foundation:
Data Sources and Methodology
This transparency report for Burson Fam 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.