Long Bay Charitable Foundation
Long Bay Charitable Foundation shows highly volatile revenue and expenses, with significant operating deficits in recent years.
EIN: 133047543 · Bonita Springs, FL · Updated: 2026-03-28
Is Long Bay Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Long Bay Charitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Long Bay Charitable Foundation
Long Bay Charitable Foundation (EIN: 133047543) is a nonprofit organization based in Bonita Springs, FL. The organization reported total revenue of $871K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Bay Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Long Bay Charitable Foundation is a small nonprofit that has been operating for 45 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $365K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-671,024 |
| Total Assets | $3.2M |
| Total Liabilities | $1 |
| Net Assets | $3.2M |
| Operating Margin | -183.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 37.6 months |
Financial Health Grade: B
In 2023, Long Bay Charitable Foundation reported a deficit of $671K with expenses exceeding revenue, holds 37.6 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), Long Bay Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -93.4% | -81.4% | -17.1% |
| 2022 | +1097.2% | +3487.4% | -2.0% |
| 2021 | -27.4% | -69.9% | +8.2% |
| 2020 | -24.9% | -3.2% | +3.3% |
| 2019 | +712.1% | -53.9% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Long Bay Charitable Foundation with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Long Bay Charitable Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $671K, 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 officers are either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with assets exceeding $2.8 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 Long Bay Charitable Foundation's IRS 990 filings:
- Highly volatile revenue and expense patterns, making financial planning and sustainability uncertain.
- Significant operating deficits in multiple years (e.g., $671,024 in 2023, $1,052,929 in 2015) without clear explanation of how these are consistently covered.
- Lack of NTEE code, hindering comparative analysis and understanding of its specific charitable purpose.
- Consistent 0% officer compensation, which is unusual for an organization of this size and could indicate alternative compensation structures or reliance on unpaid leadership.
Strengths
The following positive indicators were identified for Long Bay Charitable Foundation:
- Consistently low liabilities ($1 in most recent filings), indicating strong balance sheet health regarding debt.
- Absence of reported officer compensation, suggesting a lean approach to executive overhead.
- Maintains a substantial asset base (over $2.8 million in 2023), providing a buffer for operations.
Frequently Asked Questions about Long Bay Charitable Foundation
Is Long Bay Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Bay Charitable Foundation (EIN: 133047543) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Long Bay Charitable Foundation spend its money?
Long Bay Charitable Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Long Bay Charitable Foundation tax-deductible?
Long Bay Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 133047543). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary mission or program focus of Long Bay Charitable Foundation?
The provided IRS 990 data does not specify the NTEE code or detailed program descriptions, making it difficult to ascertain the primary mission or program focus of the Long Bay Charitable Foundation.
How does the organization cover its significant operating deficits in years like 2023 ($671,024 deficit) and 2015 ($1,052,929 deficit)?
Operating deficits are likely covered by drawing down on existing assets or through large, infrequent contributions that are not consistently reflected in annual revenue figures, as evidenced by the fluctuating asset base.
Why is officer compensation consistently reported as 0%?
A consistent 0% officer compensation suggests that executive roles may be filled by volunteers, or compensation is structured in a way that is not reported under 'officer compensation' on the 990, which warrants further investigation for clarity.
Filing History
IRS 990 filing history for Long Bay Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Long Bay Charitable Foundation's revenue has declined by 35.2%, moving from $563K to $365K. Total assets increased by 6.5% over the same period, from $3.0M to $3.2M. Total functional expenses fell by 37.1%, from $1.6M to $1.0M. In its most recent filing year (2023), Long Bay Charitable Foundation reported a deficit of $671K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $365K | $1.0M | $3.2M | $1 | — | — |
| 2022 | $5.5M | $5.6M | $3.9M | $1 | — | View 990 |
| 2021 | $459K | $155K | $4.0M | $1 | — | View 990 |
| 2020 | $633K | $516K | $3.7M | $1 | — | View 990 |
| 2019 | $843K | $533K | $3.6M | $1 | — | View 990 |
| 2015 | $104K | $1.2M | $3.6M | $1 | — | View 990 |
| 2014 | $532K | $110K | $4.1M | $1 | — | View 990 |
| 2013 | $1.0M | $91K | $3.7M | $1 | — | View 990 |
| 2012 | $568K | $418K | $2.8M | $1 | — | View 990 |
| 2011 | $563K | $1.6M | $3.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $365K, expenses of $1.0M, and assets of $3.2M (revenue -93.4% year-over-year).
- 2022: Revenue of $5.5M, expenses of $5.6M, and assets of $3.9M (revenue +1097.2% year-over-year).
- 2021: Revenue of $459K, expenses of $155K, and assets of $4.0M (revenue -27.4% year-over-year).
- 2020: Revenue of $633K, expenses of $516K, and assets of $3.7M (revenue -24.9% year-over-year).
- 2019: Revenue of $843K, expenses of $533K, and assets of $3.6M (revenue +712.1% year-over-year).
- 2015: Revenue of $104K, expenses of $1.2M, and assets of $3.6M (revenue -80.5% year-over-year).
- 2014: Revenue of $532K, expenses of $110K, and assets of $4.1M (revenue -48.4% year-over-year).
- 2013: Revenue of $1.0M, expenses of $91K, and assets of $3.7M (revenue +81.3% year-over-year).
- 2012: Revenue of $568K, expenses of $418K, and assets of $2.8M (revenue +0.9% year-over-year).
- 2011: Revenue of $563K, expenses of $1.6M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Long Bay Charitable Foundation:
Data Sources and Methodology
This transparency report for Long Bay Charitable 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.