Jerrel And Janice Barto Family Foundation
Jerrel And Janice Barto Family Foundation maintains substantial assets despite volatile revenue and consistent zero officer compensation.
EIN: 205926220 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $182K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.5M |
| Transparency Score | 85/100 |
Is Jerrel And Janice Barto Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jerrel And Janice Barto Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jerrel And Janice Barto Family Foundation
Jerrel And Janice Barto Family Foundation (EIN: 205926220) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $159K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jerrel And Janice Barto Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jerrel And Janice Barto Family Foundation is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $182K |
| Surplus / Deficit | $-31,588 |
| Total Assets | $3.5M |
| Total Liabilities | $1 |
| Net Assets | $3.5M |
| Operating Margin | -20.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 228.5 months |
Financial Health Grade: B
In 2023, Jerrel And Janice Barto Family Foundation reported a deficit of $32K with expenses exceeding revenue, holds 228.5 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), Jerrel And Janice Barto Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.4% | +149.5% | -0.9% |
| 2022 | +990.7% | -44.6% | +62.7% |
| 2020 | -415.2% | +5.0% | -39.4% |
| 2019 | +4.9% | +52.5% | +39.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Jerrel And Janice Barto Family Foundation with a Mission Score of 85 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, Jerrel And Janice Barto Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, 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 efficient for an organization of this size with assets over $3 million.
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 Jerrel And Janice Barto Family Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue periods, which could indicate reliance on investment performance or irregular contributions.
Strengths
The following positive indicators were identified for Jerrel And Janice Barto Family Foundation:
- Consistently reports 0% officer compensation, indicating high efficiency and dedication to mission.
- Maintains a substantial asset base ($3,483,858), providing financial stability.
- Minimal liabilities ($0-$1 reported), demonstrating strong financial management and low debt.
- Likely high program spending ratio, typical for grantmaking foundations with no officer compensation.
Frequently Asked Questions about Jerrel And Janice Barto Family Foundation
Is Jerrel And Janice Barto Family Foundation a legitimate charity?
Jerrel And Janice Barto Family Foundation (EIN: 205926220) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $159K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Jerrel And Janice Barto Family Foundation spend its money?
Jerrel And Janice Barto Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jerrel And Janice Barto Family Foundation tax-deductible?
Jerrel And Janice Barto Family Foundation is registered as a tax-exempt nonprofit (EIN: 205926220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jerrel And Janice Barto Family Foundation CEO make?
Jerrel And Janice Barto Family Foundation's highest-compensated officer earns $3 annually. The organization reported $159K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Jerrel And Janice Barto Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jerrel And Janice Barto Family 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 Jerrel And Janice Barto Family Foundation located?
Jerrel And Janice Barto Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205926220. It is classified under NTEE code T20.
How many years of IRS 990 filings does Jerrel And Janice Barto Family Foundation have?
Jerrel And Janice Barto Family Foundation 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 $159K in total revenue.
How does the foundation manage its significant revenue fluctuations, such as the negative revenue in 2020 and the high revenue in 2022?
The foundation appears to manage revenue fluctuations by drawing from its substantial asset base, which has consistently been over $2 million and is currently $3,483,858. This allows it to cover expenses even in years with low or negative income.
What is the specific breakdown of program spending, given the NTEE code T20 for grantmaking foundations?
As a grantmaking foundation (T20), the majority of its expenses are likely direct grants to other organizations or individuals. The 990 filings would detail these grants in Schedule I.
Why are liabilities consistently reported as $1 or $0?
Consistently low liabilities suggest strong financial health and minimal debt. The $1 liability might be a placeholder or a minor outstanding balance, but it indicates excellent liquidity and fiscal responsibility.
Filing History
IRS 990 filing history for Jerrel And Janice Barto Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jerrel And Janice Barto Family Foundation's revenue has grown by 8.9%, moving from $138K to $151K. Total assets increased by 22% over the same period, from $2.8M to $3.5M. Total functional expenses fell by 29.5%, from $259K to $182K. In its most recent filing year (2023), Jerrel And Janice Barto Family Foundation reported a deficit of $32K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $151K | $182K | $3.5M | $1 | — | View 990 |
| 2022 | $1.4M | $73K | $3.5M | $1 | — | View 990 |
| 2021 | $131K | $132K | $2.2M | $1 | — | View 990 |
| 2020 | $-1,020,394 | $381K | $2.2M | $1 | — | View 990 |
| 2019 | $324K | $363K | $3.6M | $1 | — | View 990 |
| 2015 | $309K | $238K | $2.5M | $0 | — | View 990 |
| 2014 | $534K | $388K | $2.5M | $0 | — | View 990 |
| 2013 | $121K | $176K | $2.3M | $0 | — | View 990 |
| 2012 | $-79,781 | $382K | $2.4M | $0 | — | View 990 |
| 2011 | $138K | $259K | $2.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151K, expenses of $182K, and assets of $3.5M (revenue -89.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $73K, and assets of $3.5M (revenue +990.7% year-over-year).
- 2021: Revenue of $131K, expenses of $132K, and assets of $2.2M.
- 2020: Revenue of $-1,020,394, expenses of $381K, and assets of $2.2M (revenue -415.2% year-over-year).
- 2019: Revenue of $324K, expenses of $363K, and assets of $3.6M (revenue +4.9% year-over-year).
- 2015: Revenue of $309K, expenses of $238K, and assets of $2.5M (revenue -42.2% year-over-year).
- 2014: Revenue of $534K, expenses of $388K, and assets of $2.5M (revenue +340.0% year-over-year).
- 2013: Revenue of $121K, expenses of $176K, and assets of $2.3M.
- 2012: Revenue of $-79,781, expenses of $382K, and assets of $2.4M (revenue -157.6% year-over-year).
- 2011: Revenue of $138K, expenses of $259K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jerrel And Janice Barto Family Foundation:
Data Sources and Methodology
This transparency report for Jerrel And Janice Barto Family 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.