Marc C And Deborah H Bingham Foundation
EIN: 472303248 · Provo, UT · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $821K |
| Net Assets | $88K |
Is Marc C And Deborah H Bingham Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marc C And Deborah H Bingham Foundation
Marc C And Deborah H Bingham Foundation (EIN: 472303248) is a nonprofit organization based in Provo, UT, classified under NTEE code T22. The organization reported total revenue of $91K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marc C And Deborah H Bingham Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marc C And Deborah H Bingham Foundation is a micro nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 27.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $685K |
| Total Expenses | $821K |
| Surplus / Deficit | $-135,840 |
| Total Assets | $88K |
| Total Liabilities | $879 |
| Net Assets | $88K |
| Operating Margin | -19.8% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Marc C And Deborah H Bingham Foundation reported a deficit of $136K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Marc C And Deborah H Bingham Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.0% | +12.2% | -60.4% |
| 2022 | +849.0% | -53.1% | -52.2% |
| 2021 | -43.1% | +263.8% | -75.0% |
| 2020 | -95.2% | +253.0% | -13.9% |
| 2019 | +1960.6% | — | +2065.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marc C And Deborah H Bingham 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 Marc C And Deborah H Bingham 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 $136K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Marc C And Deborah H Bingham Foundation
Is Marc C And Deborah H Bingham Foundation a legitimate charity?
Marc C And Deborah H Bingham Foundation (EIN: 472303248) is a registered tax-exempt nonprofit based in Utah. It has 6 years of IRS 990 filings on record. Total revenue: $91K. No red flags identified. Financial health grade: C.
How does Marc C And Deborah H Bingham Foundation spend its money?
Marc C And Deborah H Bingham Foundation reported $91K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Marc C And Deborah H Bingham Foundation tax-deductible?
Marc C And Deborah H Bingham Foundation is registered as a tax-exempt nonprofit (EIN: 472303248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marc C And Deborah H Bingham Foundation located?
Marc C And Deborah H Bingham Foundation is headquartered in Provo, Utah and files with the IRS under EIN 472303248. It is classified under NTEE code T22.
How many years of IRS 990 filings does Marc C And Deborah H Bingham Foundation have?
Marc C And Deborah H Bingham Foundation has 6 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 $91K in total revenue.
Filing History
IRS 990 filing history for Marc C And Deborah H Bingham Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Marc C And Deborah H Bingham Foundation's revenue has grown by 585%, moving from $100K to $685K. Total assets decreased by 11.6% over the same period, from $100K to $88K. In its most recent filing year (2023), Marc C And Deborah H Bingham Foundation reported a deficit of $136K, with expenses exceeding revenue. The organization holds $879 in liabilities against $88K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $685K | $821K | $88K | $879 | — | — |
| 2022 | $536K | $732K | $223K | $1 | — | View 990 |
| 2021 | $56K | $1.6M | $467K | $1 | — | View 990 |
| 2020 | $99K | $429K | $1.9M | $1 | — | — |
| 2019 | $2.1M | $121K | $2.2M | $0 | — | View 990 |
| 2015 | $100K | $0 | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $685K, expenses of $821K, and assets of $88K (revenue +28.0% year-over-year).
- 2022: Revenue of $536K, expenses of $732K, and assets of $223K (revenue +849.0% year-over-year).
- 2021: Revenue of $56K, expenses of $1.6M, and assets of $467K (revenue -43.1% year-over-year).
- 2020: Revenue of $99K, expenses of $429K, and assets of $1.9M (revenue -95.2% year-over-year).
- 2019: Revenue of $2.1M, expenses of $121K, and assets of $2.2M (revenue +1960.6% year-over-year).
- 2015: Revenue of $100K, expenses of $0, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marc C And Deborah H Bingham Foundation:
Data Sources and Methodology
This transparency report for Marc C And Deborah H Bingham 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.