George M Baldwin Foundation
George M Baldwin Foundation maintains strong asset base with no reported officer compensation amidst fluctuating revenue.
EIN: 201377117 · Jacksonville, FL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $994K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $12.7M |
| Transparency Score | 90/100 |
Is George M Baldwin Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
George M Baldwin Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About George M Baldwin Foundation
George M Baldwin Foundation (EIN: 201377117) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code T20. The organization reported total revenue of $2.8M and total assets of $12.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George M Baldwin Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George M Baldwin Foundation is a mid-size nonprofit that has been operating for 22 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $900K |
| Total Expenses | $994K |
| Surplus / Deficit | $-93,824 |
| Total Assets | $12.7M |
| Total Liabilities | $1 |
| Net Assets | $12.7M |
| Operating Margin | -10.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 153.0 months |
Financial Health Grade: B
In 2020, George M Baldwin Foundation reported a deficit of $94K with expenses exceeding revenue, holds 153.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), George M Baldwin Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -17.1% | +2.7% | -0.7% |
| 2019 | -3.0% | +5.6% | -0.6% |
| 2015 | -3.4% | +1.6% | +1.6% |
| 2014 | +39.3% | +8.5% | +2.1% |
| 2013 | +143.8% | -2.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 George M Baldwin Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, George M Baldwin 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $94K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with assets exceeding $12 million and annual revenues often over $1 million, suggesting a volunteer-driven leadership or that compensation is covered by an external entity.
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 George M Baldwin Foundation's IRS 990 filings:
- Significant fluctuation in annual revenue, from $341,482 in 201212 to $2,818,740 in the latest period, which could indicate reliance on unpredictable funding sources or large one-time contributions.
Strengths
The following positive indicators were identified for George M Baldwin Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication of resources to the mission.
- Strong and stable asset base, consistently above $12 million, providing long-term financial security and capacity.
- Consistent filing of IRS Form 990s over seven periods, demonstrating good transparency and accountability.
- Minimal to no reported liabilities in most periods, indicating sound financial management and low debt burden.
Frequently Asked Questions about George M Baldwin Foundation
Is George M Baldwin Foundation a legitimate charity?
George M Baldwin Foundation (EIN: 201377117) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 7 years of IRS 990 filings on record. Total revenue: $2.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does George M Baldwin Foundation spend its money?
George M Baldwin Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to George M Baldwin Foundation tax-deductible?
George M Baldwin Foundation is registered as a tax-exempt nonprofit (EIN: 201377117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the George M Baldwin Foundation CEO make?
George M Baldwin Foundation's highest-compensated officer earns $12 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does George M Baldwin Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), George M Baldwin 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 George M Baldwin Foundation located?
George M Baldwin Foundation is headquartered in Jacksonville, Florida and files with the IRS under EIN 201377117. It is classified under NTEE code T20.
How many years of IRS 990 filings does George M Baldwin Foundation have?
George M Baldwin Foundation has 7 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 $2.8M in total revenue.
Is the George M Baldwin Foundation a good charity?
Based on the available data, the George M Baldwin Foundation appears to be a financially sound organization with a strong asset base ($12,732,774) and a remarkable commitment to not paying officer compensation, which suggests high efficiency in directing funds towards its mission. Their consistent IRS 990 filings also indicate good transparency.
How does the foundation manage its expenses relative to its revenue?
The foundation generally manages its expenses well, with annual expenses typically below $1 million, even when revenue fluctuates. For example, in 202012, expenses were $993,891 against revenue of $900,067, and in 201912, expenses were $967,503 against revenue of $1,086,118. The latest revenue of $2,818,740 is significantly higher than historical expenses, suggesting a strong capacity for future activities or asset growth.
What is the trend in the foundation's assets?
The foundation's assets have remained remarkably stable and robust over the years, consistently staying above $12 million. They were $12,888,152 in 201112 and are $12,732,774 in the latest period, demonstrating long-term financial stability.
Filing History
IRS 990 filing history for George M Baldwin Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), George M Baldwin Foundation's revenue has grown by 72.2%, moving from $523K to $900K. Total assets decreased by 1.7% over the same period, from $12.9M to $12.7M. Total functional expenses rose by 17.9%, from $843K to $994K. In its most recent filing year (2020), George M Baldwin Foundation reported a deficit of $94K, with expenses exceeding revenue. The organization holds $1 in liabilities against $12.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $900K | $994K | $12.7M | $1 | — | View 990 |
| 2019 | $1.1M | $968K | $12.8M | $0 | — | View 990 |
| 2015 | $1.1M | $916K | $12.8M | $0 | — | View 990 |
| 2014 | $1.2M | $902K | $12.6M | $0 | — | View 990 |
| 2013 | $833K | $832K | $12.4M | $0 | — | View 990 |
| 2012 | $341K | $848K | $12.4M | $0 | — | View 990 |
| 2011 | $523K | $843K | $12.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $900K, expenses of $994K, and assets of $12.7M (revenue -17.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $968K, and assets of $12.8M (revenue -3.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $916K, and assets of $12.8M (revenue -3.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $902K, and assets of $12.6M (revenue +39.3% year-over-year).
- 2013: Revenue of $833K, expenses of $832K, and assets of $12.4M (revenue +143.8% year-over-year).
- 2012: Revenue of $341K, expenses of $848K, and assets of $12.4M (revenue -34.7% year-over-year).
- 2011: Revenue of $523K, expenses of $843K, and assets of $12.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George M Baldwin Foundation:
Data Sources and Methodology
This transparency report for George M Baldwin 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.