T W Barker Family Foundation Inc
T W Barker Family Foundation Inc shows strong financial growth and no executive compensation.
EIN: 208079077 · Pikeville, KY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $710K |
| Program Spending | 90% |
| Net Assets | $5.7M |
| Transparency Score | 92/100 |
Is T W Barker Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
T W Barker Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About T W Barker Family Foundation Inc
T W Barker Family Foundation Inc (EIN: 208079077) is a nonprofit organization based in Pikeville, KY, classified under NTEE code T20. The organization reported total revenue of $4.9M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of T W Barker Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
T W Barker Family Foundation Inc is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 36.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $710K |
| Surplus / Deficit | +$1.1M |
| Total Assets | $5.7M |
| Total Liabilities | $1 |
| Net Assets | $5.7M |
| Operating Margin | 61.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 97.0 months |
Financial Health Grade: A
In 2023, T W Barker Family Foundation Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 97.0 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), T W Barker Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 36.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.0% | +143.5% | +24.7% |
| 2022 | -47.7% | -8.6% | +21.7% |
| 2021 | +14966.5% | +136.1% | +91.7% |
| 2020 | -84.9% | -39.1% | -10.2% |
| 2019 | +110.0% | +246.4% | +169.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 T W Barker Family Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, T W Barker Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all ten available IRS 990 filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and asset base, suggesting a volunteer-led or very lean operational model.
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 T W Barker Family Foundation Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in summary data (though common for private foundations)
- Unusually low reported expenses relative to revenue in some periods, potentially indicating significant grantmaking not fully captured in 'expenses' or substantial asset accumulation.
Strengths
The following positive indicators were identified for T W Barker Family Foundation Inc:
- Consistent 0% officer compensation, indicating high efficiency and dedication of resources to mission.
- Strong and consistent revenue growth in recent years.
- Significant and growing asset base, demonstrating financial stability and capacity.
- Extremely low liabilities, indicating excellent financial management.
- Positive net income (revenue exceeding expenses) in recent periods.
Frequently Asked Questions about T W Barker Family Foundation Inc
Is T W Barker Family Foundation Inc a legitimate charity?
T W Barker Family Foundation Inc (EIN: 208079077) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.9M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does T W Barker Family Foundation Inc spend its money?
T W Barker Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to T W Barker Family Foundation Inc tax-deductible?
T W Barker Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208079077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does T W Barker Family Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), T W Barker Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is T W Barker Family Foundation Inc located?
T W Barker Family Foundation Inc is headquartered in Pikeville, Kentucky and files with the IRS under EIN 208079077. It is classified under NTEE code T20.
How many years of IRS 990 filings does T W Barker Family Foundation Inc have?
T W Barker Family Foundation Inc 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 $4.9M in total revenue.
Is T W Barker Family Foundation Inc a good charity?
Based on the available financial data, the T W Barker Family Foundation Inc appears to be a very good charity. It consistently generates significant revenue surpluses, has a growing asset base, and reports 0% officer compensation, suggesting a highly efficient and mission-focused operation.
How has the foundation's revenue changed over time?
The foundation's revenue has shown significant growth in recent years, increasing from $1,113,246 in 202212 to $1,848,254 in 202312. This is a substantial increase from earlier periods, such as $14,115 in 202012 and $42,949 in 201112.
What is the trend in the foundation's assets?
The foundation's assets have shown consistent and substantial growth, increasing from $911,616 in 201112 to $5,738,612 in 202312, indicating strong financial accumulation and stability.
Does the foundation have significant liabilities?
No, the foundation consistently reports minimal liabilities, often just $1, across all available filings, indicating very strong financial health and low debt.
Filing History
IRS 990 filing history for T W Barker Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), T W Barker Family Foundation Inc's revenue has grown by 4203.4%, moving from $43K to $1.8M. Total assets increased by 529.5% over the same period, from $912K to $5.7M. Total functional expenses rose by 3419.6%, from $20K to $710K. In its most recent filing year (2023), T W Barker Family Foundation Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $710K | $5.7M | $1 | — | View 990 |
| 2022 | $1.1M | $292K | $4.6M | $1 | — | View 990 |
| 2021 | $2.1M | $319K | $3.8M | $1 | — | View 990 |
| 2020 | $14K | $135K | $2.0M | $1 | — | — |
| 2019 | $93K | $222K | $2.2M | $103K | — | View 990 |
| 2015 | $44K | $64K | $814K | $18K | — | View 990 |
| 2014 | $42K | $93K | $824K | $7K | — | View 990 |
| 2013 | $56K | $63K | $867K | $1 | — | View 990 |
| 2012 | $10K | $47K | $874K | $0 | — | View 990 |
| 2011 | $43K | $20K | $912K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $710K, and assets of $5.7M (revenue +66.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $292K, and assets of $4.6M (revenue -47.7% year-over-year).
- 2021: Revenue of $2.1M, expenses of $319K, and assets of $3.8M (revenue +14966.5% year-over-year).
- 2020: Revenue of $14K, expenses of $135K, and assets of $2.0M (revenue -84.9% year-over-year).
- 2019: Revenue of $93K, expenses of $222K, and assets of $2.2M (revenue +110.0% year-over-year).
- 2015: Revenue of $44K, expenses of $64K, and assets of $814K (revenue +7.0% year-over-year).
- 2014: Revenue of $42K, expenses of $93K, and assets of $824K (revenue -25.2% year-over-year).
- 2013: Revenue of $56K, expenses of $63K, and assets of $867K (revenue +456.4% year-over-year).
- 2012: Revenue of $10K, expenses of $47K, and assets of $874K (revenue -76.7% year-over-year).
- 2011: Revenue of $43K, expenses of $20K, and assets of $912K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for T W Barker Family Foundation Inc:
Data Sources and Methodology
This transparency report for T W Barker Family Foundation Inc 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.