Craig And Gisele Barto Family Foundation
Craig And Gisele Barto Family Foundation's assets have steadily declined over the past decade while maintaining 0% officer compensation.
EIN: 205926159 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $75K |
| Total Expenses | $14K |
| Program Spending | 90% |
| Net Assets | $158K |
| Transparency Score | 75/100 |
Is Craig And Gisele Barto Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Craig And Gisele Barto Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Craig And Gisele Barto Family Foundation
Craig And Gisele Barto Family Foundation (EIN: 205926159) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $75K and total assets of $134K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Craig And Gisele Barto Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Craig And Gisele Barto Family Foundation is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $14K |
| Surplus / Deficit | $-6,150 |
| Total Assets | $158K |
| Total Liabilities | $1 |
| Net Assets | $158K |
| Operating Margin | -75.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.1 months |
Financial Health Grade: B
In 2023, Craig And Gisele Barto Family Foundation reported a deficit of $6K with expenses exceeding revenue, holds 133.1 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), Craig And Gisele Barto Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +149.9% | -46.4% | -3.7% |
| 2022 | -90.2% | -31.8% | -12.4% |
| 2021 | +18.9% | -67.6% | -3.0% |
| 2020 | -42.1% | -9.0% | -32.3% |
| 2019 | +57.0% | +202.2% | -55.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Craig And Gisele Barto Family Foundation with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Craig And Gisele Barto Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership is unpaid, which is a strong positive for resource allocation.
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 Craig And Gisele Barto Family Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade, from $672,154 in 2011 to $158,431 in 2023.
- Expenses frequently exceed revenue, indicating a draw-down of principal (e.g., 2023: Revenue $8,134, Expenses $14,284).
Strengths
The following positive indicators were identified for Craig And Gisele Barto Family Foundation:
- Consistent 0% officer compensation, indicating efficient use of funds at the executive level.
- Long and consistent IRS 990 filing history (10 filings), demonstrating good transparency.
- Low liabilities, consistently reported as $1 or $0, indicating sound financial management of obligations.
Frequently Asked Questions about Craig And Gisele Barto Family Foundation
Is Craig And Gisele Barto Family Foundation a legitimate charity?
Craig And Gisele Barto Family Foundation (EIN: 205926159) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $75K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Craig And Gisele Barto Family Foundation spend its money?
Craig And Gisele Barto Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Craig And Gisele Barto Family Foundation tax-deductible?
Craig And Gisele Barto Family Foundation is registered as a tax-exempt nonprofit (EIN: 205926159). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Craig And Gisele Barto Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Craig And Gisele Barto Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Craig And Gisele Barto Family Foundation located?
Craig And Gisele Barto Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205926159. It is classified under NTEE code T20.
How many years of IRS 990 filings does Craig And Gisele Barto Family Foundation have?
Craig And Gisele Barto Family 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 $75K in total revenue.
What is the primary purpose of the Craig And Gisele Barto Family Foundation?
Based on its NTEE code T20, the foundation is a private grantmaking foundation, meaning its primary purpose is to provide grants to other organizations or individuals to support charitable causes.
Why have the foundation's assets decreased significantly over the past decade?
The consistent decrease in assets, from $672,154 in 2011 to $158,431 in 2023, suggests the foundation is primarily distributing its principal or endowment through grants and expenses, rather than actively growing its asset base through new contributions or investment gains.
Is the foundation financially sustainable in the long term?
Given the consistent decline in assets and the pattern of expenses often exceeding revenue (e.g., 2023: Revenue $8,134, Expenses $14,284), the foundation's current operational model suggests it is drawing down its principal. Without a change in revenue generation or a reduction in expenses, its long-term sustainability as a grantmaking entity is questionable.
Filing History
IRS 990 filing history for Craig And Gisele Barto Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Craig And Gisele Barto Family Foundation's revenue has declined by 84%, moving from $51K to $8K. Total assets decreased by 76.4% over the same period, from $672K to $158K. Total functional expenses fell by 83.1%, from $84K to $14K. In its most recent filing year (2023), Craig And Gisele Barto Family Foundation reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $158K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $158K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $14K | $158K | $1 | — | — |
| 2022 | $3K | $27K | $165K | $1 | — | View 990 |
| 2021 | $33K | $39K | $188K | $1 | — | — |
| 2020 | $28K | $121K | $194K | $1 | — | — |
| 2019 | $48K | $133K | $286K | $1 | — | View 990 |
| 2015 | $31K | $44K | $645K | $0 | — | View 990 |
| 2014 | $41K | $55K | $658K | $1 | — | View 990 |
| 2013 | $92K | $75K | $672K | $1 | — | View 990 |
| 2012 | $38K | $55K | $655K | $1 | — | View 990 |
| 2011 | $51K | $84K | $672K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $14K, and assets of $158K (revenue +149.9% year-over-year).
- 2022: Revenue of $3K, expenses of $27K, and assets of $165K (revenue -90.2% year-over-year).
- 2021: Revenue of $33K, expenses of $39K, and assets of $188K (revenue +18.9% year-over-year).
- 2020: Revenue of $28K, expenses of $121K, and assets of $194K (revenue -42.1% year-over-year).
- 2019: Revenue of $48K, expenses of $133K, and assets of $286K (revenue +57.0% year-over-year).
- 2015: Revenue of $31K, expenses of $44K, and assets of $645K (revenue -25.0% year-over-year).
- 2014: Revenue of $41K, expenses of $55K, and assets of $658K (revenue -55.2% year-over-year).
- 2013: Revenue of $92K, expenses of $75K, and assets of $672K (revenue +143.3% year-over-year).
- 2012: Revenue of $38K, expenses of $55K, and assets of $655K (revenue -26.0% year-over-year).
- 2011: Revenue of $51K, expenses of $84K, and assets of $672K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Craig And Gisele Barto Family Foundation:
Data Sources and Methodology
This transparency report for Craig And Gisele Barto Family 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.