David And Sharon Bender Family Foundation Inc
EIN: 261133956 · Westbrook, CT · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $897K |
| Total Expenses | $98K |
| Net Assets | $770K |
Is David And Sharon Bender Family Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About David And Sharon Bender Family Foundation Inc
David And Sharon Bender Family Foundation Inc (EIN: 261133956) is a nonprofit organization based in Westbrook, CT, classified under NTEE code T22. The organization reported total revenue of $897K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David And Sharon Bender Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David And Sharon Bender Family Foundation Inc is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 19.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $98K |
| Surplus / Deficit | $-18,527 |
| Total Assets | $770K |
| Total Liabilities | $1 |
| Net Assets | $770K |
| Operating Margin | -23.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 94.6 months |
Financial Health Grade: B
In 2024, David And Sharon Bender Family Foundation Inc reported a deficit of $19K with expenses exceeding revenue, holds 94.6 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 (2012–2024), David And Sharon Bender Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -59.2% | +30.9% | -3.8% |
| 2023 | -57.5% | +17.4% | +42.8% |
| 2022 | +1094.9% | +70.5% | +250.1% |
| 2021 | +60.3% | +41.4% | +0.7% |
| 2020 | +139.7% | -2.3% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for David And Sharon Bender Family Foundation Inc 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 David And Sharon Bender Family Foundation Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about David And Sharon Bender Family Foundation Inc
Is David And Sharon Bender Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, David And Sharon Bender Family Foundation Inc (EIN: 261133956) insufficient data. 0 red flags identified, 0 strengths noted.
How does David And Sharon Bender Family Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for David And Sharon Bender Family Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to David And Sharon Bender Family Foundation Inc tax-deductible?
David And Sharon Bender Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 261133956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is David And Sharon Bender Family Foundation Inc located?
David And Sharon Bender Family Foundation Inc is headquartered in Westbrook, Connecticut and files with the IRS under EIN 261133956. It is classified under NTEE code T22.
How many years of IRS 990 filings does David And Sharon Bender Family Foundation Inc have?
David And Sharon Bender Family 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 $897K in total revenue.
Filing History
IRS 990 filing history for David And Sharon Bender Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), David And Sharon Bender Family Foundation Inc's revenue has grown by 732.8%, moving from $10K to $79K. Total assets increased by 294.2% over the same period, from $195K to $770K. Total functional expenses rose by 283.2%, from $25K to $98K. In its most recent filing year (2024), David And Sharon Bender Family Foundation Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $1 in liabilities against $770K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $770K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $79K | $98K | $770K | $1 | — | View 990 |
| 2023 | $194K | $75K | $800K | $1 | — | View 990 |
| 2022 | $457K | $64K | $561K | $1 | — | View 990 |
| 2021 | $38K | $37K | $160K | $180 | — | View 990 |
| 2020 | $24K | $26K | $159K | $1 | — | View 990 |
| 2016 | $10K | $27K | $161K | $0 | — | — |
| 2015 | $22K | $38K | $176K | $0 | — | — |
| 2014 | $8K | $16K | $192K | $0 | — | — |
| 2013 | $30K | $26K | $200K | $0 | — | — |
| 2012 | $10K | $25K | $195K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $79K, expenses of $98K, and assets of $770K (revenue -59.2% year-over-year).
- 2023: Revenue of $194K, expenses of $75K, and assets of $800K (revenue -57.5% year-over-year).
- 2022: Revenue of $457K, expenses of $64K, and assets of $561K (revenue +1094.9% year-over-year).
- 2021: Revenue of $38K, expenses of $37K, and assets of $160K (revenue +60.3% year-over-year).
- 2020: Revenue of $24K, expenses of $26K, and assets of $159K (revenue +139.7% year-over-year).
- 2016: Revenue of $10K, expenses of $27K, and assets of $161K (revenue -55.0% year-over-year).
- 2015: Revenue of $22K, expenses of $38K, and assets of $176K (revenue +173.3% year-over-year).
- 2014: Revenue of $8K, expenses of $16K, and assets of $192K (revenue -73.2% year-over-year).
- 2013: Revenue of $30K, expenses of $26K, and assets of $200K (revenue +217.0% year-over-year).
- 2012: Revenue of $10K, expenses of $25K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David And Sharon Bender Family Foundation Inc:
Data Sources and Methodology
This transparency report for David And Sharon Bender Family 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.