Jerry L And Fay E Bainbridge Familyfoundation Inc
Jerry L And Fay E Bainbridge Familyfoundation Inc shows strong asset growth and zero officer compensation over a decade.
EIN: 208059666 · Sarasota, FL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $538K |
| Program Spending | 90% |
| Net Assets | $5.6M |
| Transparency Score | 92/100 |
Is Jerry L And Fay E Bainbridge Familyfoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jerry L And Fay E Bainbridge Familyfoundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jerry L And Fay E Bainbridge Familyfoundation Inc
Jerry L And Fay E Bainbridge Familyfoundation Inc (EIN: 208059666) is a nonprofit organization based in Sarasota, FL, classified under NTEE code T20. The organization reported total revenue of $1.6M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jerry L And Fay E Bainbridge Familyfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jerry L And Fay E Bainbridge Familyfoundation Inc is a mid-size nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $772K |
| Total Expenses | $538K |
| Surplus / Deficit | +$234K |
| Total Assets | $5.6M |
| Total Liabilities | $1 |
| Net Assets | $5.6M |
| Operating Margin | 30.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 124.4 months |
Financial Health Grade: A
In 2022, Jerry L And Fay E Bainbridge Familyfoundation Inc reported a surplus of $234K with revenue exceeding expenses, holds 124.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2022), Jerry L And Fay E Bainbridge Familyfoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +45667.6% | +162.8% | +33.1% |
| 2020 | -97.9% | +0.8% | -2.5% |
| 2019 | -81.6% | +117.7% | +105.8% |
| 2015 | -20.4% | +39.6% | +15.8% |
| 2014 | +130.5% | +87.0% | +151.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Jerry L And Fay E Bainbridge Familyfoundation Inc with a Mission Score of 92 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, Jerry L And Fay E Bainbridge Familyfoundation Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $234K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly favorable for resource allocation to programs.
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 Jerry L And Fay E Bainbridge Familyfoundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, such as the drop from $1,577,936 (latest reported) to $772,099 in 2022, could indicate unpredictable funding sources.
Strengths
The following positive indicators were identified for Jerry L And Fay E Bainbridge Familyfoundation Inc:
- Consistent and substantial asset growth, from $349,158 in 2011 to $5,578,102 in 2022, demonstrates strong financial management and stability.
- Zero reported officer compensation across all filings indicates a highly efficient operational model with resources directed towards the mission.
- Low liabilities (often $0 or $1) across all reported periods suggest excellent financial health and minimal debt.
- Strong program focus implied by the NTEE code T20 and the absence of significant administrative overhead.
- Positive expense-to-revenue ratio in most years, such as $538,000 expenses against $772,099 revenue in 2022, indicating efficient use of funds.
Frequently Asked Questions about Jerry L And Fay E Bainbridge Familyfoundation Inc
Is Jerry L And Fay E Bainbridge Familyfoundation Inc a legitimate charity?
Jerry L And Fay E Bainbridge Familyfoundation Inc (EIN: 208059666) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 8 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Jerry L And Fay E Bainbridge Familyfoundation Inc spend its money?
Jerry L And Fay E Bainbridge Familyfoundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jerry L And Fay E Bainbridge Familyfoundation Inc tax-deductible?
Jerry L And Fay E Bainbridge Familyfoundation Inc is registered as a tax-exempt nonprofit (EIN: 208059666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Jerry L And Fay E Bainbridge Familyfoundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Jerry L And Fay E Bainbridge Familyfoundation Inc 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 Jerry L And Fay E Bainbridge Familyfoundation Inc located?
Jerry L And Fay E Bainbridge Familyfoundation Inc is headquartered in Sarasota, Florida and files with the IRS under EIN 208059666. It is classified under NTEE code T20.
How many years of IRS 990 filings does Jerry L And Fay E Bainbridge Familyfoundation Inc have?
Jerry L And Fay E Bainbridge Familyfoundation Inc has 8 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 $1.6M in total revenue.
What is the primary focus of the Jerry L And Fay E Bainbridge Familyfoundation Inc's programs?
Based on the NTEE code T20 (Philanthropy, Voluntarism & Grantmaking Foundations), the organization primarily functions as a grantmaking foundation, distributing funds to other charitable organizations or causes.
How does the organization manage its significant fluctuations in annual revenue?
The organization's revenue has varied significantly, from $126,099 in 2011 to $1,687 in 2020, and $772,099 in 2022. This suggests reliance on investment income or large, infrequent donations, which can lead to unpredictable annual funding but is managed by a substantial asset base of over $5.5 million.
What is the typical grantmaking activity or distribution amount given the asset size?
With assets of $5,578,102 and expenses of $538,000 in 2022, a significant portion of expenses would likely be grants or program-related investments, aligning with its role as a grantmaking foundation.
Filing History
IRS 990 filing history for Jerry L And Fay E Bainbridge Familyfoundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2022), Jerry L And Fay E Bainbridge Familyfoundation Inc's revenue has grown by 512.3%, moving from $126K to $772K. Total assets increased by 1497.6% over the same period, from $349K to $5.6M. Total functional expenses rose by 4641.3%, from $11K to $538K. In its most recent filing year (2022), Jerry L And Fay E Bainbridge Familyfoundation Inc reported a surplus of $234K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $772K | $538K | $5.6M | $1 | — | View 990 |
| 2020 | $2K | $205K | $4.2M | $1 | — | View 990 |
| 2019 | $81K | $203K | $4.3M | $0 | — | View 990 |
| 2015 | $442K | $93K | $2.1M | $0 | — | View 990 |
| 2014 | $556K | $67K | $1.8M | $0 | — | View 990 |
| 2013 | $241K | $36K | $716K | $0 | — | View 990 |
| 2012 | $125K | $21K | $501K | $0 | — | View 990 |
| 2011 | $126K | $11K | $349K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $772K, expenses of $538K, and assets of $5.6M (revenue +45667.6% year-over-year).
- 2020: Revenue of $2K, expenses of $205K, and assets of $4.2M (revenue -97.9% year-over-year).
- 2019: Revenue of $81K, expenses of $203K, and assets of $4.3M (revenue -81.6% year-over-year).
- 2015: Revenue of $442K, expenses of $93K, and assets of $2.1M (revenue -20.4% year-over-year).
- 2014: Revenue of $556K, expenses of $67K, and assets of $1.8M (revenue +130.5% year-over-year).
- 2013: Revenue of $241K, expenses of $36K, and assets of $716K (revenue +93.4% year-over-year).
- 2012: Revenue of $125K, expenses of $21K, and assets of $501K (revenue -1.2% year-over-year).
- 2011: Revenue of $126K, expenses of $11K, and assets of $349K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jerry L And Fay E Bainbridge Familyfoundation Inc:
Data Sources and Methodology
This transparency report for Jerry L And Fay E Bainbridge Familyfoundation Inc 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.