Henry E & Nancy H Bartels Trust Fbo Cornell University
Bartels Trust: Significant Assets, Minimal Public Detail
EIN: 222774533 · Hamden, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $189K |
| Program Spending | 90% |
| Net Assets | $1.5M |
| Transparency Score | 70/100 |
Is Henry E & Nancy H Bartels Trust Fbo Cornell University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Henry E & Nancy H Bartels Trust Fbo Cornell University directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Henry E & Nancy H Bartels Trust Fbo Cornell University
Henry E & Nancy H Bartels Trust Fbo Cornell University (EIN: 222774533) is a nonprofit organization based in Hamden, CT. The organization reported total revenue of $1.3M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henry E & Nancy H Bartels Trust Fbo Cornell University'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 Cornell University is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $189K |
| Surplus / Deficit | +$5K |
| Total Assets | $3.1M |
| Total Liabilities | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 49.8% |
| Months of Reserves | 195.4 months |
Financial Health Grade: A
In 2023, Henry E & Nancy H Bartels Trust Fbo Cornell University reported a surplus of $5K with revenue exceeding expenses, holds 195.4 months of operating reserves (strong position), has a debt-to-asset ratio of 49.8% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +112.8% | -10.0% | +3.0% |
| 2022 | -66.6% | -34.5% | -64.3% |
| 2021 | -58.4% | -31.3% | -16.4% |
| 2020 | +741.4% | +134.3% | +88.1% |
| 2019 | +70.4% | -22.5% | +48.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Cornell University with a Mission Score of 70 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Henry E & Nancy H Bartels Trust Fbo Cornell University allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.8%.
Executive Compensation Analysis
Executive compensation is not applicable as this is a private trust with a corporate trustee, and no individual compensation is reported on the 990-PF.
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 Cornell University's IRS 990 filings:
- Lack of detailed programmatic reporting beyond the primary beneficiary.
- Limited public insight into the trust's specific grant-making strategies or impact.
- Significant fluctuations in assets and revenue without clear explanations in public filings.
Strengths
The following positive indicators were identified for Henry E & Nancy H Bartels Trust Fbo Cornell University:
- Consistent support for a single, reputable educational institution (Cornell University).
- Substantial asset base, indicating long-term financial stability.
- Low administrative overhead due to the nature of a private trust.
Frequently Asked Questions about Henry E & Nancy H Bartels Trust Fbo Cornell University
Is Henry E & Nancy H Bartels Trust Fbo Cornell University a legitimate charity?
Henry E & Nancy H Bartels Trust Fbo Cornell University (EIN: 222774533) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Henry E & Nancy H Bartels Trust Fbo Cornell University spend its money?
Henry E & Nancy H Bartels Trust Fbo Cornell University directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Henry E & Nancy H Bartels Trust Fbo Cornell University tax-deductible?
Henry E & Nancy H Bartels Trust Fbo Cornell University is registered as a tax-exempt nonprofit (EIN: 222774533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Henry E & Nancy H Bartels Trust Fbo Cornell University's spending goes to programs?
Henry E & Nancy H Bartels Trust Fbo Cornell University directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Henry E & Nancy H Bartels Trust Fbo Cornell University located?
Henry E & Nancy H Bartels Trust Fbo Cornell University is headquartered in Hamden, Connecticut and files with the IRS under EIN 222774533.
How many years of IRS 990 filings does Henry E & Nancy H Bartels Trust Fbo Cornell University have?
Henry E & Nancy H Bartels Trust Fbo Cornell University 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 $1.3M in total revenue.
What does Henry E & Nancy H Bartels Trust Fbo Cornell University do?
Henry E & Nancy H Bartels Trust Fbo Cornell University is a nonprofit organization in the Unknown sector, located in Hamden, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Henry E & Nancy H Bartels Trust Fbo Cornell University have?
Henry E & Nancy H Bartels Trust Fbo Cornell University reported total revenue of $1,314,013. Based on 13 IRS 990 filings on record.
What are Henry E & Nancy H Bartels Trust Fbo Cornell University's total assets?
Henry E & Nancy H Bartels Trust Fbo Cornell University holds total assets of $3,536,233 as reported in IRS 990 filings.
Where is Henry E & Nancy H Bartels Trust Fbo Cornell University located?
Henry E & Nancy H Bartels Trust Fbo Cornell University is based in Hamden, Connecticut.
What is Henry E & Nancy H Bartels Trust Fbo Cornell University's EIN?
Henry E & Nancy H Bartels Trust Fbo Cornell University's Employer Identification Number (EIN) is 222774533. 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 Cornell University?
Henry E & Nancy H Bartels Trust Fbo Cornell University is classified under NTEE code Unknown (Unknown).
Is Henry E & Nancy H Bartels Trust Fbo Cornell University a registered 501(c)(3)?
Henry E & Nancy H Bartels Trust Fbo Cornell University appears in IRS records (EIN: 222774533). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Henry E & Nancy H Bartels Trust Fbo Cornell University file IRS Form 990?
Yes, Henry E & Nancy H Bartels Trust Fbo Cornell University has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Henry E & Nancy H Bartels Trust Fbo Cornell University's revenue in 2023?
In the 202312 filing period, Henry E & Nancy H Bartels Trust Fbo Cornell University reported total revenue of $193,700, total expenses of $188,869, and net assets of $3,075,382.
Is Henry E & Nancy H Bartels Trust Fbo Cornell University's revenue growing or declining?
Henry E & Nancy H Bartels Trust Fbo Cornell University's revenue is growing. Revenue went from $91,020 (202212) to $193,700 (202312), a +112.8% change. Based on 13 filings on record.
What is Henry E & Nancy H Bartels Trust Fbo Cornell University's most recent 990 filing?
The most recent IRS Form 990 filing for Henry E & Nancy H Bartels Trust Fbo Cornell University covers tax period 202312. It shows revenue of $193,700, expenses of $188,869, total assets of $3,075,382, and liabilities of $1,532,678.
How much does Henry E & Nancy H Bartels Trust Fbo Cornell University spend on programs vs administration?
Based on IRS 990 analysis, Henry E & Nancy H Bartels Trust Fbo Cornell University allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Henry E & Nancy H Bartels Trust Fbo Cornell University a trustworthy charity?
Based on AI analysis of IRS 990 data, Henry E & Nancy H Bartels Trust Fbo Cornell University appears trustworthy. Mission Score: 70/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Henry E & Nancy H Bartels Trust Fbo Cornell University?
The following concerns were identified: Lack of detailed programmatic reporting beyond the primary beneficiary.. Limited public insight into the trust's specific grant-making strategies or impact.. Significant fluctuations in assets and revenue without clear explanations in public filings.. 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 Cornell University's strengths?
Positive indicators for Henry E & Nancy H Bartels Trust Fbo Cornell University include: Consistent support for a single, reputable educational institution (Cornell University).. Substantial asset base, indicating long-term financial stability.. Low administrative overhead due to the nature of a private trust.. These findings are derived from AI analysis of the organization's financial filings.
How does Henry E & Nancy H Bartels Trust Fbo Cornell University compensate executives?
Executive compensation is not applicable as this is a private trust with a corporate trustee, and no individual compensation is reported on the 990-PF. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Henry E & Nancy H Bartels Trust Fbo Cornell University?
• The trust's public filings (990-PF) provide limited programmatic detail beyond its beneficiary, Cornell University. • Specific grant distribution and impact metrics are not readily available in public documents. • Transparency regarding administrative and fundraising expenses is minimal, as these are often absorbed by the trustee. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the trust's substantial assets (e.g., $3,075,382 in 2023), what specific initiatives or departments at Cornell University are the primary beneficiaries of its distributions?
The public filings do not specify the allocation of funds within Cornell University, only that the university is the beneficiary. Further detail would require direct inquiry with the trust or university.
How does the trust ensure its distributions align with the original intent of Henry E & Nancy H Bartels, beyond simply naming Cornell University as the beneficiary?
The 990-PF filings do not provide information on the trust's governance or oversight mechanisms to ensure alignment with donor intent. This would typically be outlined in the trust instrument itself, which is not publicly available.
Filing History
IRS 990 filing history for Henry E & Nancy H Bartels Trust Fbo Cornell University showing financial trends over 13 years of public records:
Total assets increased by 17.9% over the same period, from $2.6M to $3.1M. Total functional expenses rose by 39.1%, from $136K to $189K. In its most recent filing year (2023), Henry E & Nancy H Bartels Trust Fbo Cornell University reported a surplus of $5K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $3.1M in assets (debt-to-asset ratio: 49.8%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $189K | $3.1M | $1.5M | — | — |
| 2022 | $91K | $210K | $3.0M | $1.3M | — | — |
| 2021 | $272K | $320K | $8.4M | $4.2M | — | View 990 |
| 2020 | $654K | $467K | $10.0M | $4.8M | — | — |
| 2019 | $78K | $199K | $5.3M | $2.9M | — | View 990 |
| 2018 | $46K | $257K | $3.6M | $2.0M | — | View 990 |
| 2017 | $251K | $170K | $4.5M | $2.5M | — | View 990 |
| 2016 | $219K | $158K | $3.6M | $2.0M | — | View 990 |
| 2015 | $16K | $227K | $4.3M | $2.3M | — | View 990 |
| 2014 | $158K | $143K | $4.8M | $2.5M | — | View 990 |
| 2013 | $-9,437 | $246K | $4.9M | $2.5M | — | View 990 |
| 2012 | $399K | $142K | $3.2M | $1.6M | — | View 990 |
| 2011 | $-414,458 | $136K | $2.6M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $194K, expenses of $189K, and assets of $3.1M (revenue +112.8% year-over-year).
- 2022: Revenue of $91K, expenses of $210K, and assets of $3.0M (revenue -66.6% year-over-year).
- 2021: Revenue of $272K, expenses of $320K, and assets of $8.4M (revenue -58.4% year-over-year).
- 2020: Revenue of $654K, expenses of $467K, and assets of $10.0M (revenue +741.4% year-over-year).
- 2019: Revenue of $78K, expenses of $199K, and assets of $5.3M (revenue +70.4% year-over-year).
- 2018: Revenue of $46K, expenses of $257K, and assets of $3.6M (revenue -81.8% year-over-year).
- 2017: Revenue of $251K, expenses of $170K, and assets of $4.5M (revenue +14.7% year-over-year).
- 2016: Revenue of $219K, expenses of $158K, and assets of $3.6M (revenue +1250.4% year-over-year).
- 2015: Revenue of $16K, expenses of $227K, and assets of $4.3M (revenue -89.7% year-over-year).
- 2014: Revenue of $158K, expenses of $143K, and assets of $4.8M.
- 2013: Revenue of $-9,437, expenses of $246K, and assets of $4.9M (revenue -102.4% year-over-year).
- 2012: Revenue of $399K, expenses of $142K, and assets of $3.2M.
- 2011: Revenue of $-414,458, expenses of $136K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henry E & Nancy H Bartels Trust Fbo Cornell University:
Data Sources and Methodology
This transparency report for Henry E & Nancy H Bartels Trust Fbo Cornell University 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.