David And Gwen Baker Familyfoundation Inc
David And Gwen Baker Familyfoundation Inc maintains strong assets and zero officer compensation despite fluctuating revenues.
EIN: 204004236 · Westport, CT · NTEE: T22 · Updated: 2026-03-28
Is David And Gwen Baker Familyfoundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David And Gwen Baker Familyfoundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David And Gwen Baker Familyfoundation Inc
David And Gwen Baker Familyfoundation Inc (EIN: 204004236) is a nonprofit organization based in Westport, CT, classified under NTEE code T22. The organization reported total revenue of $62K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David And Gwen Baker Familyfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David And Gwen Baker Familyfoundation Inc is a micro nonprofit that has been operating for 20 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -15.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $136K |
| Surplus / Deficit | $-74,044 |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | -119.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 88.9 months |
Financial Health Grade: B
In 2019, David And Gwen Baker Familyfoundation Inc reported a deficit of $74K with expenses exceeding revenue, holds 88.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2019), David And Gwen Baker Familyfoundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +10.1% | +59.3% | -32.3% |
| 2015 | -81.9% | +2.7% | -0.5% |
| 2014 | +321.5% | +27.0% | +53.1% |
| 2013 | -5.5% | +8.6% | +0.8% |
| 2012 | -67.8% | +10.5% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 David And Gwen Baker Familyfoundation Inc 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, David And Gwen Baker Familyfoundation Inc 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors receive salaries from the organization, which is highly commendable for a foundation of its size with assets over $1 million.
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 David And Gwen Baker Familyfoundation Inc:
- Zero officer compensation across all filings, indicating high efficiency and dedication to mission.
- Consistently minimal liabilities ($1 across all filings), demonstrating strong financial health and low debt.
- Substantial asset base (over $1 million in latest filing) provides financial stability and capacity for future programs.
- Strong program focus due to absence of fundraising expenses and minimal administrative overhead.
Frequently Asked Questions about David And Gwen Baker Familyfoundation Inc
Is David And Gwen Baker Familyfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, David And Gwen Baker Familyfoundation Inc (EIN: 204004236) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does David And Gwen Baker Familyfoundation Inc spend its money?
David And Gwen Baker Familyfoundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to David And Gwen Baker Familyfoundation Inc tax-deductible?
David And Gwen Baker Familyfoundation Inc is registered as a tax-exempt nonprofit (EIN: 204004236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is David And Gwen Baker Familyfoundation Inc a good charity?
Based on the available IRS 990 data, the David And Gwen Baker Familyfoundation Inc appears to be a very good charity. It consistently reports zero officer compensation and minimal liabilities, indicating that resources are primarily directed towards its mission. Its substantial asset base provides financial stability.
How does the foundation manage its expenses when revenue is low?
In periods like 2019, where expenses ($136,146) exceeded revenue ($62,102), the foundation likely draws from its significant asset base, which stood at $1,008,761 in 2019, to cover its operational costs and grants.
What is the trend in the foundation's assets?
The foundation's assets have fluctuated but remained substantial, ranging from a low of $969,393 in 2012 to a high of $1,496,958 in 2014, and standing at $1,008,761 in the latest 2019 filing, indicating long-term financial stability.
Filing History
IRS 990 filing history for David And Gwen Baker Familyfoundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), David And Gwen Baker Familyfoundation Inc's revenue has declined by 74.5%, moving from $244K to $62K. Total assets increased by 1.4% over the same period, from $995K to $1.0M. Total functional expenses rose by 149.6%, from $55K to $136K. In its most recent filing year (2019), David And Gwen Baker Familyfoundation Inc reported a deficit of $74K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $62K | $136K | $1.0M | $1 | — | View 990 |
| 2015 | $56K | $85K | $1.5M | $1 | — | View 990 |
| 2014 | $312K | $83K | $1.5M | $1 | — | View 990 |
| 2013 | $74K | $65K | $978K | $1 | — | View 990 |
| 2012 | $78K | $60K | $969K | $1 | — | View 990 |
| 2011 | $244K | $55K | $995K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $62K, expenses of $136K, and assets of $1.0M (revenue +10.1% year-over-year).
- 2015: Revenue of $56K, expenses of $85K, and assets of $1.5M (revenue -81.9% year-over-year).
- 2014: Revenue of $312K, expenses of $83K, and assets of $1.5M (revenue +321.5% year-over-year).
- 2013: Revenue of $74K, expenses of $65K, and assets of $978K (revenue -5.5% year-over-year).
- 2012: Revenue of $78K, expenses of $60K, and assets of $969K (revenue -67.8% year-over-year).
- 2011: Revenue of $244K, expenses of $55K, and assets of $995K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David And Gwen Baker Familyfoundation Inc:
Data Sources and Methodology
This transparency report for David And Gwen Baker Familyfoundation 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.