David M And Barbara Baldwin Foundation Inc

David M And Barbara Baldwin Foundation shows strong asset growth and no officer compensation, but revenue fluctuates significantly.

EIN: 133391384 · Warren, NJ · Updated: 2026-03-28

$267KRevenue

$8.1MAssets

85/100Mission Score (Excellent)

About David M And Barbara Baldwin Foundation Inc

David M And Barbara Baldwin Foundation Inc (EIN: 133391384) is a nonprofit organization based in Warren, NJ. The organization reported total revenue of $267K and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David M And Barbara Baldwin Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The David M And Barbara Baldwin Foundation Inc demonstrates a generally healthy financial position, with assets consistently growing over the past decade, reaching $8,637,272 in 2023. The organization's revenue has shown significant fluctuations, with peaks in 2023 ($2,053,241), 2020 ($1,973,782), and 2014 ($2,387,509), indicating reliance on larger, less predictable contributions or investment gains. Expenses have also varied but remained well below revenue in most high-revenue years, contributing to asset growth. The foundation's consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates David M And Barbara Baldwin Foundation Inc with a Mission Score of 85 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: 90%
fundraising: 0%

According to IRS 990 filings, David M And Barbara Baldwin Foundation Inc 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a foundation of its size with assets exceeding $8 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.

Red Flags

The following concerns were identified during AI analysis of David M And Barbara Baldwin Foundation Inc's IRS 990 filings:

Significant year-to-year revenue volatility, suggesting potential reliance on unpredictable funding sources or investment gains rather than consistent operational income.
NTEE code is unknown, which limits understanding of its specific programmatic focus and impact area.

Strengths

The following positive indicators were identified for David M And Barbara Baldwin Foundation Inc:

Consistent asset growth, reaching $8,637,272 in 2023, indicating strong financial health.
0% officer compensation reported across all filings, demonstrating a commitment to directing funds to the mission.
Low liabilities, with many years reporting $0 or $1 in liabilities, indicating sound financial management.
Positive net income in most years, contributing to the foundation's long-term sustainability.

Frequently Asked Questions about David M And Barbara Baldwin Foundation Inc

Is David M And Barbara Baldwin Foundation Inc a good charity?

Based on the available data, the foundation appears to be a good charity, primarily due to its strong asset growth, consistent lack of officer compensation, and positive financial health indicators. However, without detailed program spending information, a full assessment of its direct impact is limited.

How does the foundation manage its expenses relative to its revenue?

The foundation generally manages its expenses well, with expenses often significantly lower than revenue, particularly in high-revenue years like 2023 (Expenses $750,673 vs. Revenue $2,053,241) and 2014 (Expenses $211,133 vs. Revenue $2,387,509). This contributes to its substantial asset growth.

What is the trend in the foundation's assets?

The foundation's assets have shown a strong upward trend, growing from $3,094,852 in 2011 to $8,637,272 in 2023, indicating effective financial management and accumulation of resources.

Filing History

IRS 990 filing history for David M And Barbara Baldwin Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), David M And Barbara Baldwin Foundation Inc's revenue has grown by 523.5%, moving from $329K to $2.1M. Total assets increased by 179.1% over the same period, from $3.1M to $8.6M. Total functional expenses rose by 42.7%, from $526K to $751K. In its most recent filing year (2023), David M And Barbara Baldwin Foundation Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $15K in liabilities against $8.6M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $8.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.1M	$751K	$8.6M	$15K	—	—
2022	$348K	$718K	$7.3M	$3K	—	View 990
2021	$346K	$616K	$7.7M	$1	—	View 990
2020	$2.0M	$577K	$8.0M	$1	—	—
2019	$1.2M	$361K	$6.6M	$0	—	View 990
2015	$378K	$309K	$4.8M	$0	—	View 990
2014	$2.4M	$211K	$4.7M	$0	—	View 990
2013	$681K	$834K	$2.5M	$0	—	View 990
2012	$657K	$1.1M	$2.7M	$0	—	View 990
2011	$329K	$526K	$3.1M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.1M, expenses of $751K, and assets of $8.6M (revenue +490.0% year-over-year).
2022: Revenue of $348K, expenses of $718K, and assets of $7.3M (revenue +0.7% year-over-year).
2021: Revenue of $346K, expenses of $616K, and assets of $7.7M (revenue -82.5% year-over-year).
2020: Revenue of $2.0M, expenses of $577K, and assets of $8.0M (revenue +62.5% year-over-year).
2019: Revenue of $1.2M, expenses of $361K, and assets of $6.6M (revenue +221.0% year-over-year).
2015: Revenue of $378K, expenses of $309K, and assets of $4.8M (revenue -84.2% year-over-year).
2014: Revenue of $2.4M, expenses of $211K, and assets of $4.7M (revenue +250.4% year-over-year).
2013: Revenue of $681K, expenses of $834K, and assets of $2.5M (revenue +3.7% year-over-year).
2012: Revenue of $657K, expenses of $1.1M, and assets of $2.7M (revenue +99.6% year-over-year).
2011: Revenue of $329K, expenses of $526K, and assets of $3.1M.

Data Sources and Methodology

This transparency report for David M And Barbara Baldwin 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.