Jesse Bayer Foundation
Jesse Bayer Foundation consistently spends more than it earns, leading to a significant decline in assets.
EIN: 133369906 · Greenwich, CT · Updated: 2026-03-28
Is Jesse Bayer Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jesse Bayer Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jesse Bayer Foundation
Jesse Bayer Foundation (EIN: 133369906) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $9K and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jesse Bayer Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jesse Bayer Foundation is a micro nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $32K |
| Surplus / Deficit | $-24,845 |
| Total Assets | $110K |
| Total Liabilities | $1 |
| Net Assets | $110K |
| Operating Margin | -364.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 41.8 months |
Financial Health Grade: B
In 2023, Jesse Bayer Foundation reported a deficit of $25K with expenses exceeding revenue, holds 41.8 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), Jesse Bayer Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.4% | +18.0% | -18.4% |
| 2022 | +27.1% | +59.3% | -14.0% |
| 2021 | -54.7% | -66.5% | -7.7% |
| 2020 | -74.1% | +148.8% | -19.8% |
| 2019 | +388.8% | -35.2% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Jesse Bayer Foundation with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Jesse Bayer Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, which is commendable and suggests that leadership is not drawing a salary from the organization's limited funds.
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 Jesse Bayer Foundation's IRS 990 filings:
- Consistent and significant operational deficits (e.g., $24,845 deficit in 2023).
- Steady decline in total assets over time, indicating reliance on reserves.
- Revenue consistently much lower than expenses across multiple years.
- Lack of detailed expense breakdown to assess program efficiency.
Strengths
The following positive indicators were identified for Jesse Bayer Foundation:
- 0% officer compensation reported, indicating no executive salaries.
- Low reported liabilities ($1 across all filings).
Frequently Asked Questions about Jesse Bayer Foundation
Is Jesse Bayer Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jesse Bayer Foundation (EIN: 133369906) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Jesse Bayer Foundation spend its money?
Jesse Bayer Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jesse Bayer Foundation tax-deductible?
Jesse Bayer Foundation is registered as a tax-exempt nonprofit (EIN: 133369906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Jesse Bayer Foundation financially sustainable?
Based on the consistent and significant deficits (e.g., $6,819 revenue vs. $31,664 expenses in 2023), the organization does not appear financially sustainable in its current operational model, relying on asset depletion.
What is the primary cause of the asset decline?
The primary cause of the asset decline, from $307,615 in 2011 to $110,247 in 2023, is the consistent spending of significantly more than the revenue generated each year.
How does the organization cover its expenses with such low revenue?
The organization covers its expenses by drawing down its existing assets, as evidenced by the continuous decline in total assets over the filing periods.
What is the nature of the consistent $1 liability?
The consistent $1 liability across all filings is unusual and its nature is not clear from the provided data. It could be a placeholder or a minor, recurring obligation.
Filing History
IRS 990 filing history for Jesse Bayer Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jesse Bayer Foundation's revenue has declined by 6.1%, moving from $7K to $7K. Total assets decreased by 64.2% over the same period, from $308K to $110K. Total functional expenses fell by 38.7%, from $52K to $32K. In its most recent filing year (2023), Jesse Bayer Foundation reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $110K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $110K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $32K | $110K | $1 | — | — |
| 2022 | $5K | $27K | $135K | $1 | — | View 990 |
| 2021 | $4K | $17K | $157K | $1 | — | — |
| 2020 | $8K | $50K | $170K | $1 | — | View 990 |
| 2019 | $32K | $20K | $212K | $1 | — | — |
| 2015 | $7K | $31K | $201K | $1 | — | View 990 |
| 2014 | $6K | $12K | $226K | $1 | — | View 990 |
| 2013 | $13K | $59K | $232K | $1 | — | View 990 |
| 2012 | $10K | $40K | $278K | $1 | — | View 990 |
| 2011 | $7K | $52K | $308K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $32K, and assets of $110K (revenue +42.4% year-over-year).
- 2022: Revenue of $5K, expenses of $27K, and assets of $135K (revenue +27.1% year-over-year).
- 2021: Revenue of $4K, expenses of $17K, and assets of $157K (revenue -54.7% year-over-year).
- 2020: Revenue of $8K, expenses of $50K, and assets of $170K (revenue -74.1% year-over-year).
- 2019: Revenue of $32K, expenses of $20K, and assets of $212K (revenue +388.8% year-over-year).
- 2015: Revenue of $7K, expenses of $31K, and assets of $201K (revenue +9.9% year-over-year).
- 2014: Revenue of $6K, expenses of $12K, and assets of $226K (revenue -53.6% year-over-year).
- 2013: Revenue of $13K, expenses of $59K, and assets of $232K (revenue +22.7% year-over-year).
- 2012: Revenue of $10K, expenses of $40K, and assets of $278K (revenue +44.5% year-over-year).
- 2011: Revenue of $7K, expenses of $52K, and assets of $308K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jesse Bayer Foundation:
Data Sources and Methodology
This transparency report for Jesse Bayer 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.