Burt Family Foundation Dtd 050997
EIN: 367190233 · Chicago, IL · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $802K |
| Total Expenses | $390K |
| Net Assets | $503K |
Is Burt Family Foundation Dtd 050997 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Burt Family Foundation Dtd 050997
Burt Family Foundation Dtd 050997 (EIN: 367190233) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20. The organization reported total revenue of $802K and total assets of $305K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burt Family Foundation Dtd 050997's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burt Family Foundation Dtd 050997 is a small nonprofit that has been operating for 27 years, with 11 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -116.1% | -8.9% | -45.6% |
| 2021 | -134.1% | +4.9% | -27.4% |
| 2020 | +5.2% | +16.9% | -5.4% |
| 2019 | +763.0% | -19.1% | -25.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Burt Family Foundation Dtd 050997 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Burt Family Foundation Dtd 050997 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Burt Family Foundation Dtd 050997
Is Burt Family Foundation Dtd 050997 a legitimate charity?
Burt Family Foundation Dtd 050997 (EIN: 367190233) is a registered tax-exempt nonprofit based in Illinois. It has 11 years of IRS 990 filings on record. Total revenue: $802K. No red flags identified. Financial health grade: B.
How does Burt Family Foundation Dtd 050997 spend its money?
Burt Family Foundation Dtd 050997 reported $802K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Burt Family Foundation Dtd 050997 tax-deductible?
Burt Family Foundation Dtd 050997 is registered as a tax-exempt nonprofit (EIN: 367190233). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Burt Family Foundation Dtd 050997 located?
Burt Family Foundation Dtd 050997 is headquartered in Chicago, Illinois and files with the IRS under EIN 367190233. It is classified under NTEE code T20.
How many years of IRS 990 filings does Burt Family Foundation Dtd 050997 have?
Burt Family Foundation Dtd 050997 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 $802K in total revenue.
Filing History
IRS 990 filing history for Burt Family Foundation Dtd 050997 showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Burt Family Foundation Dtd 050997's revenue has declined by 104.9%, moving from $649K to $-31,648. Total assets decreased by 79.6% over the same period, from $2.5M to $503K. Total functional expenses rose by 12.9%, from $345K to $390K. The organization holds $1 in liabilities against $503K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $503K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-31,648 | $390K | $503K | $1 | — | View 990 |
| 2022 | $197K | $428K | $924K | $1 | — | View 990 |
| 2021 | $-83,288 | $352K | $1.2M | $1 | — | View 990 |
| 2020 | $245K | $336K | $1.6M | $1 | — | View 990 |
| 2019 | $233K | $287K | $1.7M | $0 | — | View 990 |
| 2016 | $27K | $355K | $2.3M | $0 | — | View 990 |
| 2015 | $417K | $269K | $2.6M | $0 | — | View 990 |
| 2014 | $117K | $347K | $2.4M | $0 | — | View 990 |
| 2013 | $143K | $383K | $2.7M | $1K | — | View 990 |
| 2012 | $735K | $282K | $2.9M | $744 | — | View 990 |
| 2011 | $649K | $345K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-31,648, expenses of $390K, and assets of $503K (revenue -116.1% year-over-year).
- 2022: Revenue of $197K, expenses of $428K, and assets of $924K.
- 2021: Revenue of $-83,288, expenses of $352K, and assets of $1.2M (revenue -134.1% year-over-year).
- 2020: Revenue of $245K, expenses of $336K, and assets of $1.6M (revenue +5.2% year-over-year).
- 2019: Revenue of $233K, expenses of $287K, and assets of $1.7M (revenue +763.0% year-over-year).
- 2016: Revenue of $27K, expenses of $355K, and assets of $2.3M (revenue -93.5% year-over-year).
- 2015: Revenue of $417K, expenses of $269K, and assets of $2.6M (revenue +256.3% year-over-year).
- 2014: Revenue of $117K, expenses of $347K, and assets of $2.4M (revenue -18.1% year-over-year).
- 2013: Revenue of $143K, expenses of $383K, and assets of $2.7M (revenue -80.6% year-over-year).
- 2012: Revenue of $735K, expenses of $282K, and assets of $2.9M (revenue +13.3% year-over-year).
- 2011: Revenue of $649K, expenses of $345K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burt Family Foundation Dtd 050997:
Data Sources and Methodology
This transparency report for Burt Family Foundation Dtd 050997 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.