Edmund A Bednarowski Jr Charitable Foundation

Edmund A Bednarowski Jr Charitable Foundation reports expenses 84 times its revenue in latest filing, with assets sharply declining.

EIN: 20530175 · Manchester, NH · NTEE: T30 · Updated: 2026-03-28

$4KRevenue
$46KAssets
20/100Mission Score (Poor)
T30
Edmund A Bednarowski Jr Charitable Foundation Financial Summary
MetricValue
Total Revenue$4K
Total Expenses$321K
Program Spending75%
Net Assets$46K
Transparency Score20/100

Is Edmund A Bednarowski Jr Charitable Foundation Legit?

Significant Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Edmund A Bednarowski Jr Charitable Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Edmund A Bednarowski Jr Charitable Foundation

Edmund A Bednarowski Jr Charitable Foundation (EIN: 20530175) is a nonprofit organization based in Manchester, NH, classified under NTEE code T30. The organization reported total revenue of $4K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edmund A Bednarowski Jr Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

24Years Operating
MicroSize Classification
8Years of Filings
MixedRevenue Trajectory

Edmund A Bednarowski Jr Charitable Foundation is a micro nonprofit that has been operating for 24 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -12.2%.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

Total Revenue$4K
Total Expenses$321K
Surplus / Deficit$-316,836
Total Assets$46K
Net Assets$46K
Operating Margin-8268.2%
Months of Reserves1.7 months

Financial Health Grade: C

In 2018, Edmund A Bednarowski Jr Charitable Foundation reported a deficit of $317K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited).

Financial Trends

Over 8 years of filings (2011–2018), Edmund A Bednarowski Jr Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.2%.

YearRevenue ChangeExpense ChangeAsset Change
2018+24.3%+1639.5%-87.0%
2017-56.0%+10.1%+14.5%
2016+116.9%+4.1%+4.4%
2015-60.5%+8.8%-4.4%
2014-38.1%+23.0%+3.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2002

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Edmund A Bednarowski Jr Charitable Foundation exhibits significant financial instability and potential operational concerns. In its latest filing (201812), the organization reported revenue of only $3,832 against expenses of $320,668, indicating a substantial deficit. This pattern of expenses far exceeding revenue is consistent across multiple years, with expenses often being several times higher than revenue. While the organization holds assets of $45,940, this represents a sharp decline from previous years (e.g., $352,574 in 201712), suggesting a significant depletion of its financial reserves. The lack of reported officer compensation across all filings indicates a volunteer-led structure, which can be a positive for efficiency, but the overall financial picture raises questions about the sustainability and effectiveness of its operations given the consistent and large deficits. The foundation's spending efficiency is highly questionable due to the consistent and large negative net income. For instance, in 201812, expenses were nearly 84 times its revenue. Without a detailed breakdown of expenses, it's difficult to ascertain the proportion dedicated to programs versus administrative or fundraising costs. However, the sheer magnitude of expenses relative to incoming funds suggests that the organization is either drawing heavily from principal or experiencing significant financial challenges. The consistent decline in assets further supports the notion that the organization is spending more than it receives, which is not a sustainable model for long-term financial health. The lack of liabilities across all filings is a positive, indicating no outstanding debt, but this does not offset the severe revenue-expense imbalance. Regarding transparency, the consistent filing of IRS Form 990s demonstrates a commitment to public disclosure. However, the financial data itself raises more questions than answers about how the organization is funding its operations and what specific programs are being supported given the vast discrepancy between revenue and expenses. A deeper dive into the nature of the expenses would be necessary to fully assess its programmatic impact and financial management practices. The significant drop in assets from 2017 to 2018, from over $350,000 to under $46,000, is a major red flag that warrants further investigation into the cause and implications for the foundation's future.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Edmund A Bednarowski Jr Charitable Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Edmund A Bednarowski Jr Charitable Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

$4KTotal Revenue
$321KTotal Expenses
$46KTotal Assets
$46KNet Assets
  • The organization reported a deficit of $317K, with expenses exceeding revenue.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all filings, indicating a volunteer-led structure which can be a positive for minimizing overhead costs.

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 Edmund A Bednarowski Jr Charitable Foundation's IRS 990 filings:

  • Expenses consistently and significantly exceed revenue (e.g., $320,668 expenses vs. $3,832 revenue in 201812).
  • Sharp decline in assets from $352,574 in 2017 to $45,940 in 2018, indicating significant depletion of reserves.
  • Long-term pattern of negative net income across multiple filing periods.
  • Lack of detailed expense breakdown makes it difficult to assess programmatic efficiency.

Strengths

The following positive indicators were identified for Edmund A Bednarowski Jr Charitable Foundation:

  • Consistent filing of IRS Form 990s demonstrates a commitment to transparency.
  • No reported officer compensation, suggesting a volunteer-led organization.
  • No reported liabilities across all filings, indicating no outstanding debt.

Frequently Asked Questions about Edmund A Bednarowski Jr Charitable Foundation

Is Edmund A Bednarowski Jr Charitable Foundation a legitimate charity?

Edmund A Bednarowski Jr Charitable Foundation (EIN: 20530175) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 20/100. It has 8 years of IRS 990 filings on record. Total revenue: $4K. 4 red flags identified. 3 strengths noted. Financial health grade: C.

How does Edmund A Bednarowski Jr Charitable Foundation spend its money?

Edmund A Bednarowski Jr Charitable Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Edmund A Bednarowski Jr Charitable Foundation tax-deductible?

Edmund A Bednarowski Jr Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 20530175). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Edmund A Bednarowski Jr Charitable Foundation's spending goes to programs?

Edmund A Bednarowski Jr Charitable Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Edmund A Bednarowski Jr Charitable Foundation compare to similar nonprofits?

With a transparency score of 20/100 (Poor), Edmund A Bednarowski Jr Charitable Foundation is below average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Edmund A Bednarowski Jr Charitable Foundation located?

Edmund A Bednarowski Jr Charitable Foundation is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20530175. It is classified under NTEE code T30.

How many years of IRS 990 filings does Edmund A Bednarowski Jr Charitable Foundation have?

Edmund A Bednarowski Jr Charitable Foundation has 8 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 $4K in total revenue.

Is the Edmund A Bednarowski Jr Charitable Foundation financially sustainable?

Based on the consistent pattern of expenses significantly exceeding revenue (e.g., $3,832 revenue vs. $320,668 expenses in 201812), the organization's current financial model appears unsustainable. Its assets have also sharply declined from $352,574 in 2017 to $45,940 in 2018.

What caused the significant drop in assets between 2017 and 2018?

The filings show a decrease in assets from $352,574 in 2017 to $45,940 in 2018. This $306,634 reduction, coupled with expenses of $320,668 in 2018 against only $3,832 in revenue, suggests a substantial liquidation of assets to cover operational costs or a significant one-time expenditure.

How does the organization fund its operations given the low revenue?

With revenue consistently low (e.g., $3,832 in 2018) and expenses high (e.g., $320,668 in 2018), the organization appears to be funding its operations primarily by drawing down its existing assets, as evidenced by the sharp decline in total assets over time.

Filing History

IRS 990 filing history for Edmund A Bednarowski Jr Charitable Foundation showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2018), Edmund A Bednarowski Jr Charitable Foundation's revenue has declined by 59.9%, moving from $10K to $4K. Total assets decreased by 79.1% over the same period, from $219K to $46K. Total functional expenses rose by 1449.9%, from $21K to $321K. In its most recent filing year (2018), Edmund A Bednarowski Jr Charitable Foundation reported a deficit of $317K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2018 $4K $321K $46K $0 View 990
2017 $3K $18K $353K $0 View 990
2016 $7K $17K $308K $0 View 990
2015 $3K $16K $295K $0 View 990
2014 $8K $15K $309K $0 View 990
2013 $13K $12K $298K $0 View 990
2012 $7K $14K $245K $0 View 990
2011 $10K $21K $219K $0 View 990

Year-by-Year Financial Summary

  • 2018: Revenue of $4K, expenses of $321K, and assets of $46K (revenue +24.3% year-over-year).
  • 2017: Revenue of $3K, expenses of $18K, and assets of $353K (revenue -56.0% year-over-year).
  • 2016: Revenue of $7K, expenses of $17K, and assets of $308K (revenue +116.9% year-over-year).
  • 2015: Revenue of $3K, expenses of $16K, and assets of $295K (revenue -60.5% year-over-year).
  • 2014: Revenue of $8K, expenses of $15K, and assets of $309K (revenue -38.1% year-over-year).
  • 2013: Revenue of $13K, expenses of $12K, and assets of $298K (revenue +93.9% year-over-year).
  • 2012: Revenue of $7K, expenses of $14K, and assets of $245K (revenue -28.7% year-over-year).
  • 2011: Revenue of $10K, expenses of $21K, and assets of $219K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Edmund A Bednarowski Jr Charitable Foundation:

2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Edmund A Bednarowski Jr Charitable 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.

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