Henry And Mary Ellen Bellaimeyfoundation
Henry And Mary Ellen Bellaimeyfoundation maintains stable assets and zero officer compensation.
EIN: 204767807 · Detroit, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $378K |
| Total Expenses | $172K |
| Program Spending | 90% |
| Net Assets | $1.9M |
| Transparency Score | 95/100 |
Is Henry And Mary Ellen Bellaimeyfoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Henry And Mary Ellen Bellaimeyfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Henry And Mary Ellen Bellaimeyfoundation
Henry And Mary Ellen Bellaimeyfoundation (EIN: 204767807) is a nonprofit organization based in Detroit, MI, classified under NTEE code T20. The organization reported total revenue of $378K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henry And Mary Ellen Bellaimeyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henry And Mary Ellen Bellaimeyfoundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $137K |
| Total Expenses | $172K |
| Surplus / Deficit | $-34,630 |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | -25.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.5 months |
Financial Health Grade: B
In 2023, Henry And Mary Ellen Bellaimeyfoundation reported a deficit of $35K with expenses exceeding revenue, holds 133.5 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 (2011–2023), Henry And Mary Ellen Bellaimeyfoundation's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | -0.8% | -1.8% |
| 2022 | -7.3% | +9.3% | -4.3% |
| 2021 | +833.6% | +43.6% | -0.1% |
| 2020 | -47.0% | +5.3% | -4.4% |
| 2019 | +37.7% | -13.6% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Henry And Mary Ellen Bellaimeyfoundation with a Mission Score of 95 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, Henry And Mary Ellen Bellaimeyfoundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, 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, which is highly commendable for a foundation of this size.
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 Henry And Mary Ellen Bellaimeyfoundation:
- Consistent zero officer compensation across all filings, indicating high efficiency and dedication to mission.
- Stable asset base, consistently around $1.9 million, demonstrating strong financial management.
- Minimal liabilities ($0 or $1) in all reported periods, reflecting excellent financial health.
- Clear program focus as a private grantmaking foundation (NTEE T20), with resources directed to grants.
Frequently Asked Questions about Henry And Mary Ellen Bellaimeyfoundation
Is Henry And Mary Ellen Bellaimeyfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Henry And Mary Ellen Bellaimeyfoundation (EIN: 204767807) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Henry And Mary Ellen Bellaimeyfoundation spend its money?
Henry And Mary Ellen Bellaimeyfoundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Henry And Mary Ellen Bellaimeyfoundation tax-deductible?
Henry And Mary Ellen Bellaimeyfoundation is registered as a tax-exempt nonprofit (EIN: 204767807). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Henry And Mary Ellen Bellaimeyfoundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Henry And Mary Ellen Bellaimeyfoundation 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 Henry And Mary Ellen Bellaimeyfoundation located?
Henry And Mary Ellen Bellaimeyfoundation is headquartered in Detroit, Michigan and files with the IRS under EIN 204767807. It is classified under NTEE code T20.
How many years of IRS 990 filings does Henry And Mary Ellen Bellaimeyfoundation have?
Henry And Mary Ellen Bellaimeyfoundation 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 $378K in total revenue.
Is Henry And Mary Ellen Bellaimeyfoundation a good charity?
Based on the available IRS 990 data, the Henry And Mary Ellen Bellaimeyfoundation appears to be a very good charity. It demonstrates strong financial health with stable assets, minimal liabilities, and a consistent commitment to zero officer compensation, ensuring funds are directed towards its charitable mission.
How does the foundation manage its expenses relative to its revenue?
The foundation's expenses have been relatively consistent, ranging from approximately $104,755 to $173,018 annually, even as revenue has varied significantly. In several recent periods (e.g., 202312, 202212, 202112), expenses have exceeded revenue, which is typical for foundations that distribute grants from their endowment rather than solely from annual contributions.
What is the trend in the foundation's assets?
The foundation's assets have remained remarkably stable over the past decade, consistently staying within the range of $1.8 million to $2.1 million. The latest reported assets are $1,900,368, indicating sound long-term financial stewardship.
Filing History
IRS 990 filing history for Henry And Mary Ellen Bellaimeyfoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Henry And Mary Ellen Bellaimeyfoundation's revenue has grown by 55.2%, moving from $88K to $137K. Total assets increased by 4.2% over the same period, from $1.8M to $1.9M. Total functional expenses rose by 62.8%, from $105K to $172K. In its most recent filing year (2023), Henry And Mary Ellen Bellaimeyfoundation reported a deficit of $35K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $137K | $172K | $1.9M | $1 | — | View 990 |
| 2022 | $146K | $173K | $1.9M | $1 | — | View 990 |
| 2021 | $157K | $158K | $2.0M | $1 | — | View 990 |
| 2020 | $17K | $110K | $2.0M | $1 | — | View 990 |
| 2019 | $32K | $105K | $2.1M | $1 | — | View 990 |
| 2015 | $23K | $121K | $1.9M | $0 | — | View 990 |
| 2014 | $220K | $118K | $2.0M | $0 | — | View 990 |
| 2013 | $216K | $138K | $1.9M | $0 | — | View 990 |
| 2012 | $122K | $106K | $1.8M | $1 | — | View 990 |
| 2011 | $88K | $105K | $1.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $137K, expenses of $172K, and assets of $1.9M (revenue -5.9% year-over-year).
- 2022: Revenue of $146K, expenses of $173K, and assets of $1.9M (revenue -7.3% year-over-year).
- 2021: Revenue of $157K, expenses of $158K, and assets of $2.0M (revenue +833.6% year-over-year).
- 2020: Revenue of $17K, expenses of $110K, and assets of $2.0M (revenue -47.0% year-over-year).
- 2019: Revenue of $32K, expenses of $105K, and assets of $2.1M (revenue +37.7% year-over-year).
- 2015: Revenue of $23K, expenses of $121K, and assets of $1.9M (revenue -89.5% year-over-year).
- 2014: Revenue of $220K, expenses of $118K, and assets of $2.0M (revenue +1.8% year-over-year).
- 2013: Revenue of $216K, expenses of $138K, and assets of $1.9M (revenue +77.3% year-over-year).
- 2012: Revenue of $122K, expenses of $106K, and assets of $1.8M (revenue +38.0% year-over-year).
- 2011: Revenue of $88K, expenses of $105K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henry And Mary Ellen Bellaimeyfoundation:
Data Sources and Methodology
This transparency report for Henry And Mary Ellen Bellaimeyfoundation 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.