Henry E & Nancy H Bartels Trust Fbo
Henry E & Nancy H Bartels Trust Fbo: Declining Revenue and Asset Base Raise Sustainability Concerns
EIN: 222958217 · Hamden, CT · NTEE: T22 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $160K |
| Net Assets | $1.6M |
| Transparency Score | 75/100 |
Is Henry E & Nancy H Bartels Trust Fbo Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Henry E & Nancy H Bartels Trust Fbo
Henry E & Nancy H Bartels Trust Fbo (EIN: 222958217) is a nonprofit organization based in Hamden, CT, classified under NTEE code T22. The organization reported total revenue of $1.4M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henry E & Nancy H Bartels Trust Fbo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henry E & Nancy H Bartels Trust Fbo is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -102.3% | +9.3% | +16.0% |
| 2022 | -22.1% | -66.1% | -68.3% |
| 2021 | -45.7% | +31.7% | -24.1% |
| 2020 | +125.4% | +67.8% | +106.0% |
| 2019 | +62.6% | -13.0% | +58.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 E & Nancy H Bartels Trust Fbo with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Henry E & Nancy H Bartels Trust Fbo allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 50.5%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, as the trust consistently reports 0% for compensation of officers, directors, trustees, and key employees.
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 Henry E & Nancy H Bartels Trust Fbo's IRS 990 filings:
- Consistent reporting of 0% program service expenses suggests the trust may not directly engage in programmatic activities, acting more as a holding entity.
- Significant decline in total assets from $11,866,741 in 2020 to $3,834,619 in 2023, raising questions about long-term financial stability.
- Revenue has fluctuated significantly, with a notable drop from $484,112 in 2020 to $142,608 in 2023, impacting operational capacity.
Strengths
The following positive indicators were identified for Henry E & Nancy H Bartels Trust Fbo:
- The trust consistently reports 0% fundraising expenses, indicating efficient resource allocation by not incurring costs for fundraising activities.
Frequently Asked Questions about Henry E & Nancy H Bartels Trust Fbo
Is Henry E & Nancy H Bartels Trust Fbo a legitimate charity?
Henry E & Nancy H Bartels Trust Fbo (EIN: 222958217) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. 3 red flags identified. 1 strength noted. Financial health grade: C.
How does Henry E & Nancy H Bartels Trust Fbo spend its money?
Henry E & Nancy H Bartels Trust Fbo reported $1.4M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Henry E & Nancy H Bartels Trust Fbo tax-deductible?
Henry E & Nancy H Bartels Trust Fbo is registered as a tax-exempt nonprofit (EIN: 222958217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Henry E & Nancy H Bartels Trust Fbo compare to similar nonprofits?
With a transparency score of 75/100 (Good), Henry E & Nancy H Bartels Trust Fbo is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Henry E & Nancy H Bartels Trust Fbo located?
Henry E & Nancy H Bartels Trust Fbo is headquartered in Hamden, Connecticut and files with the IRS under EIN 222958217. It is classified under NTEE code T22.
How many years of IRS 990 filings does Henry E & Nancy H Bartels Trust Fbo have?
Henry E & Nancy H Bartels Trust Fbo has 13 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 $1.4M in total revenue.
What does Henry E & Nancy H Bartels Trust Fbo do?
Henry E & Nancy H Bartels Trust Fbo is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Hamden, Connecticut. It is classified under NTEE code T22.
How much revenue does Henry E & Nancy H Bartels Trust Fbo have?
Henry E & Nancy H Bartels Trust Fbo reported total revenue of $1,426,083. Based on 13 IRS 990 filings on record.
What are Henry E & Nancy H Bartels Trust Fbo's total assets?
Henry E & Nancy H Bartels Trust Fbo holds total assets of $3,834,619 as reported in IRS 990 filings.
Where is Henry E & Nancy H Bartels Trust Fbo located?
Henry E & Nancy H Bartels Trust Fbo is based in Hamden, Connecticut.
What is Henry E & Nancy H Bartels Trust Fbo's EIN?
Henry E & Nancy H Bartels Trust Fbo's Employer Identification Number (EIN) is 222958217. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Henry E & Nancy H Bartels Trust Fbo?
Henry E & Nancy H Bartels Trust Fbo is classified under NTEE code T22 (Philanthropy, Voluntarism & Grantmaking).
Is Henry E & Nancy H Bartels Trust Fbo a registered 501(c)(3)?
Yes, Henry E & Nancy H Bartels Trust Fbo is recognized as a tax-exempt organization by the IRS. EIN: 222958217.
Does Henry E & Nancy H Bartels Trust Fbo file IRS Form 990?
Yes, Henry E & Nancy H Bartels Trust Fbo has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Henry E & Nancy H Bartels Trust Fbo's revenue in 2023?
In the 202312 filing period, Henry E & Nancy H Bartels Trust Fbo reported total revenue of $-4,757, total expenses of $159,552, and net assets of $3,309,139.
Is Henry E & Nancy H Bartels Trust Fbo's revenue growing or declining?
Henry E & Nancy H Bartels Trust Fbo's revenue is declining. Revenue went from $204,750 (202212) to $-4,757 (202312), a -102.3% change. Based on 13 filings on record.
What is Henry E & Nancy H Bartels Trust Fbo's most recent 990 filing?
The most recent IRS Form 990 filing for Henry E & Nancy H Bartels Trust Fbo covers tax period 202312. It shows revenue of $-4,757, expenses of $159,552, total assets of $3,309,139, and liabilities of $1,671,385.
Is Henry E & Nancy H Bartels Trust Fbo a trustworthy charity?
Based on AI analysis of IRS 990 data, Henry E & Nancy H Bartels Trust Fbo appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 1 strength noted.
What are the red flags for Henry E & Nancy H Bartels Trust Fbo?
The following concerns were identified: Consistent reporting of 0% program service expenses suggests the trust may not directly engage in programmatic activities, acting more as a holding entity.. Significant decline in total assets from $11,866,741 in 2020 to $3,834,619 in 2023, raising questions about long-term financial stability.. Revenue has fluctuated significantly, with a notable drop from $484,112 in 2020 to $142,608 in 2023, impacting operational capacity.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Henry E & Nancy H Bartels Trust Fbo's strengths?
Positive indicators for Henry E & Nancy H Bartels Trust Fbo include: The trust consistently reports 0% fundraising expenses, indicating efficient resource allocation by not incurring costs for fundraising activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Henry E & Nancy H Bartels Trust Fbo compensate executives?
Executive compensation is not reported in the provided data, as the trust consistently reports 0% for compensation of officers, directors, trustees, and key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program service expenses, what is the primary mechanism through which the Henry E & Nancy H Bartels Trust Fbo fulfills its charitable mission?
The trust appears to operate as a grant-making or endowment-holding entity, rather than directly running programs. Its charitable mission is likely fulfilled through distributions or grants to other organizations, which are not detailed in the provided expense breakdown but would be reflected in its liabilities or asset transfers.
What factors contributed to the substantial decrease in total assets from $11,866,741 in 2020 to $3,834,619 in 2023?
The significant decrease in assets could be due to substantial distributions or grants made by the trust, investment losses, or a combination of both. Without more detailed financial statements, the exact cause remains unclear, but it indicates a substantial reduction in the trust's capital base.
Filing History
IRS 990 filing history for Henry E & Nancy H Bartels Trust Fbo showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Henry E & Nancy H Bartels Trust Fbo's revenue has declined by 105.2%, moving from $91K to $-4,757. Total assets increased by 52.3% over the same period, from $2.2M to $3.3M. Total functional expenses rose by 17.3%, from $136K to $160K. The organization holds $1.7M in liabilities against $3.3M in assets (debt-to-asset ratio: 50.5%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-4,757 | $160K | $3.3M | $1.7M | — | View 990 |
| 2022 | $205K | $146K | $2.9M | $1.3M | — | View 990 |
| 2021 | $263K | $430K | $9.0M | $4.7M | — | View 990 |
| 2020 | $484K | $327K | $11.9M | $5.7M | — | View 990 |
| 2019 | $215K | $195K | $5.8M | $3.2M | — | View 990 |
| 2018 | $132K | $224K | $3.6M | $1.9M | — | View 990 |
| 2017 | $252K | $151K | $4.2M | $2.3M | — | View 990 |
| 2016 | $94K | $223K | $2.8M | $1.6M | — | View 990 |
| 2015 | $125K | $78K | $3.8M | $2.1M | — | View 990 |
| 2014 | $81K | $135K | $3.7M | $1.9M | — | View 990 |
| 2013 | $13K | $124K | $4.2M | $2.1M | — | View 990 |
| 2012 | $276K | $140K | $2.5M | $1.3M | — | View 990 |
| 2011 | $91K | $136K | $2.2M | $981K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-4,757, expenses of $160K, and assets of $3.3M (revenue -102.3% year-over-year).
- 2022: Revenue of $205K, expenses of $146K, and assets of $2.9M (revenue -22.1% year-over-year).
- 2021: Revenue of $263K, expenses of $430K, and assets of $9.0M (revenue -45.7% year-over-year).
- 2020: Revenue of $484K, expenses of $327K, and assets of $11.9M (revenue +125.4% year-over-year).
- 2019: Revenue of $215K, expenses of $195K, and assets of $5.8M (revenue +62.6% year-over-year).
- 2018: Revenue of $132K, expenses of $224K, and assets of $3.6M (revenue -47.5% year-over-year).
- 2017: Revenue of $252K, expenses of $151K, and assets of $4.2M (revenue +167.3% year-over-year).
- 2016: Revenue of $94K, expenses of $223K, and assets of $2.8M (revenue -24.7% year-over-year).
- 2015: Revenue of $125K, expenses of $78K, and assets of $3.8M (revenue +53.7% year-over-year).
- 2014: Revenue of $81K, expenses of $135K, and assets of $3.7M (revenue +546.7% year-over-year).
- 2013: Revenue of $13K, expenses of $124K, and assets of $4.2M (revenue -95.4% year-over-year).
- 2012: Revenue of $276K, expenses of $140K, and assets of $2.5M (revenue +202.2% year-over-year).
- 2011: Revenue of $91K, expenses of $136K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henry E & Nancy H Bartels Trust Fbo:
Data Sources and Methodology
This transparency report for Henry E & Nancy H Bartels Trust Fbo 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.