Shaya Barnett Foundation
EIN: 820817284 · New Orleans, LA · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $19K |
| Total Expenses | $8K |
| Net Assets | $29K |
Is Shaya Barnett Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shaya Barnett Foundation
Shaya Barnett Foundation (EIN: 820817284) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B12. The organization reported total revenue of $19K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shaya Barnett Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shaya Barnett Foundation is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -99.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $802 |
| Total Expenses | $8K |
| Surplus / Deficit | $-7,206 |
| Total Assets | $30K |
| Total Liabilities | $963 |
| Net Assets | $29K |
| Operating Margin | -898.5% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 45.3 months |
Financial Health Grade: B
In 2023, Shaya Barnett Foundation reported a deficit of $7K with expenses exceeding revenue, holds 45.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Shaya Barnett Foundation's revenue has declined at a compound annual growth rate (CAGR) of -99.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -99.4% | -92.5% | -18.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shaya Barnett 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 Shaya Barnett 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.2%.
Frequently Asked Questions about Shaya Barnett Foundation
Is Shaya Barnett Foundation a legitimate charity?
Shaya Barnett Foundation (EIN: 820817284) is a registered tax-exempt nonprofit based in Louisiana. It has 2 years of IRS 990 filings on record. Total revenue: $19K. No red flags identified. Financial health grade: B.
How does Shaya Barnett Foundation spend its money?
Shaya Barnett Foundation reported $19K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shaya Barnett Foundation tax-deductible?
Shaya Barnett Foundation is registered as a tax-exempt nonprofit (EIN: 820817284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shaya Barnett Foundation located?
Shaya Barnett Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 820817284. It is classified under NTEE code B12.
How many years of IRS 990 filings does Shaya Barnett Foundation have?
Shaya Barnett Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $19K in total revenue.
Filing History
IRS 990 filing history for Shaya Barnett Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Shaya Barnett Foundation's revenue has declined by 99.4%, moving from $137K to $802. Total assets decreased by 18.1% over the same period, from $37K to $30K. Total functional expenses fell by 92.5%, from $107K to $8K. In its most recent filing year (2023), Shaya Barnett Foundation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $963 in liabilities against $30K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $802 | $8K | $30K | $963 | — | — |
| 2022 | $137K | $107K | $37K | $438 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shaya Barnett Foundation:
Data Sources and Methodology
This transparency report for Shaya Barnett 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.