King County Bar Foundation
EIN: 911079173 · Seattle, WA · NTEE: I128
Is King County Bar Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About King County Bar Foundation
King County Bar Foundation (EIN: 911079173) is a nonprofit organization based in Seattle, WA, classified under NTEE code I128. The organization reported total revenue of $2.3M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of King County Bar Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
King County Bar Foundation is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-85,592 |
| Total Assets | $3.9M |
| Total Liabilities | $259K |
| Net Assets | $3.6M |
| Operating Margin | -7.6% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 38.1 months |
Financial Health Grade: B
In 2023, King County Bar Foundation reported a deficit of $86K with expenses exceeding revenue, holds 38.1 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), King County Bar Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.3% | -1.4% | -7.1% |
| 2022 | -14.3% | +35.1% | +23.8% |
| 2021 | +61.5% | -34.0% | +75.6% |
| 2020 | -13.7% | -7.2% | +5.1% |
| 2019 | +7.7% | +7.7% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for King County Bar 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 King County Bar 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 $86K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.7%.
Frequently Asked Questions about King County Bar Foundation
Is King County Bar Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, King County Bar Foundation (EIN: 911079173) insufficient data. 0 red flags identified, 0 strengths noted.
How does King County Bar Foundation spend its money?
Detailed spending breakdown data is not yet available for King County Bar Foundation. Check back for updated IRS 990 analysis.
Are donations to King County Bar Foundation tax-deductible?
King County Bar Foundation is registered as a tax-exempt nonprofit (EIN: 911079173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for King County Bar Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), King County Bar Foundation's revenue has grown by 2.1%, moving from $1.1M to $1.1M. Total assets increased by 308.1% over the same period, from $946K to $3.9M. Total functional expenses rose by 4%, from $1.2M to $1.2M. In its most recent filing year (2023), King County Bar Foundation reported a deficit of $86K, with expenses exceeding revenue. The organization holds $259K in liabilities against $3.9M in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $3.9M | $259K | — | View 990 |
| 2022 | $1.8M | $1.2M | $4.2M | $561K | — | View 990 |
| 2021 | $2.1M | $913K | $3.4M | $170K | — | — |
| 2020 | $1.3M | $1.4M | $1.9M | $182K | — | View 990 |
| 2019 | $1.5M | $1.5M | $1.8M | $56K | — | View 990 |
| 2018 | $1.4M | $1.4M | $1.7M | $14K | — | View 990 |
| 2017 | $1.2M | $1.2M | $1.7M | $118K | — | View 990 |
| 2016 | $1.3M | $1.3M | $1.6M | $64K | — | View 990 |
| 2015 | $1.3M | $1.3M | $1.8M | $198K | — | View 990 |
| 2014 | $1.4M | $1.3M | $1.7M | $93K | — | View 990 |
| 2013 | $1.8M | $1.2M | $1.6M | $122K | — | View 990 |
| 2012 | $1.1M | $1.1M | $875K | $7K | — | View 990 |
| 2011 | $1.1M | $1.2M | $946K | $128K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $3.9M (revenue -38.3% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.2M, and assets of $4.2M (revenue -14.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $913K, and assets of $3.4M (revenue +61.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $1.9M (revenue -13.7% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $1.8M (revenue +7.7% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $1.7M (revenue +19.0% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M (revenue -10.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $1.6M (revenue +5.2% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $1.8M (revenue -10.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $1.7M (revenue -21.8% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.2M, and assets of $1.6M (revenue +61.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $875K (revenue +1.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $946K.
Data Sources and Methodology
This transparency report for King County Bar 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.