Joy And Bill Harbert Foundation
EIN: 721370674 · Birmingham, AL · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $1K |
| Net Assets | $4K |
Is Joy And Bill Harbert Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joy And Bill Harbert Foundation
Joy And Bill Harbert Foundation (EIN: 721370674) is a nonprofit organization based in Birmingham, AL, classified under NTEE code T20Z. The organization reported total revenue of $215K and total assets of $65K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joy And Bill Harbert Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joy And Bill Harbert Foundation is a small nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -34.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $1K |
| Surplus / Deficit | $-150 |
| Total Assets | $4K |
| Total Liabilities | $1 |
| Net Assets | $4K |
| Operating Margin | -11.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 36.6 months |
Financial Health Grade: B
In 2023, Joy And Bill Harbert Foundation reported a deficit of $150 with expenses exceeding revenue, holds 36.6 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), Joy And Bill Harbert Foundation's revenue has declined at a compound annual growth rate (CAGR) of -34.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -98.7% | -98.6% | -3.3% |
| 2022 | -59.7% | -63.1% | -3.2% |
| 2021 | +13216.0% | +169.5% | -83.7% |
| 2020 | -98.2% | -94.7% | -77.9% |
| 2019 | -91.8% | +75.3% | -48.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joy And Bill Harbert Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Joy And Bill Harbert Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $150, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Joy And Bill Harbert Foundation
Is Joy And Bill Harbert Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Joy And Bill Harbert Foundation (EIN: 721370674) insufficient data. 0 red flags identified, 0 strengths noted.
How does Joy And Bill Harbert Foundation spend its money?
Detailed spending breakdown data is not yet available for Joy And Bill Harbert Foundation. Check back for updated IRS 990 analysis.
Are donations to Joy And Bill Harbert Foundation tax-deductible?
Joy And Bill Harbert Foundation is registered as a tax-exempt nonprofit (EIN: 721370674). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joy And Bill Harbert Foundation located?
Joy And Bill Harbert Foundation is headquartered in Birmingham, Alabama and files with the IRS under EIN 721370674. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Joy And Bill Harbert Foundation have?
Joy And Bill Harbert 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 $215K in total revenue.
Filing History
IRS 990 filing history for Joy And Bill Harbert Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joy And Bill Harbert Foundation's revenue has declined by 99.4%, moving from $201K to $1K. Total assets decreased by 89% over the same period, from $39K to $4K. Total functional expenses fell by 99.3%, from $202K to $1K. In its most recent filing year (2023), Joy And Bill Harbert Foundation reported a deficit of $150, with expenses exceeding revenue. The organization holds $1 in liabilities against $4K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $1K | $4K | $1 | — | View 990 |
| 2022 | $101K | $101K | $4K | $1 | — | View 990 |
| 2021 | $251K | $275K | $5K | $1 | — | — |
| 2020 | $2K | $102K | $28K | $1 | — | — |
| 2019 | $106K | $1.9M | $129K | $1 | — | View 990 |
| 2015 | $1.3M | $1.1M | $248K | $1 | — | View 990 |
| 2014 | $1.2M | $1.1M | $54K | $1 | — | View 990 |
| 2013 | $100K | $100K | $3K | $0 | — | View 990 |
| 2012 | $287 | $150 | $40K | $1 | — | View 990 |
| 2011 | $201K | $202K | $39K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $1K, and assets of $4K (revenue -98.7% year-over-year).
- 2022: Revenue of $101K, expenses of $101K, and assets of $4K (revenue -59.7% year-over-year).
- 2021: Revenue of $251K, expenses of $275K, and assets of $5K (revenue +13216.0% year-over-year).
- 2020: Revenue of $2K, expenses of $102K, and assets of $28K (revenue -98.2% year-over-year).
- 2019: Revenue of $106K, expenses of $1.9M, and assets of $129K (revenue -91.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.1M, and assets of $248K (revenue +12.5% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $54K (revenue +1048.5% year-over-year).
- 2013: Revenue of $100K, expenses of $100K, and assets of $3K (revenue +34877.7% year-over-year).
- 2012: Revenue of $287, expenses of $150, and assets of $40K (revenue -99.9% year-over-year).
- 2011: Revenue of $201K, expenses of $202K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joy And Bill Harbert Foundation:
Data Sources and Methodology
This transparency report for Joy And Bill Harbert 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.