The Banford & Terri Exley Family Foundation Inc 9388225000
EIN: 550702493 · Wheeling, WV · NTEE: I50Z
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $14K |
| Net Assets | $171K |
Is The Banford & Terri Exley Family Foundation Inc 9388225000 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Banford & Terri Exley Family Foundation Inc 9388225000
The Banford & Terri Exley Family Foundation Inc 9388225000 (EIN: 550702493) is a nonprofit organization based in Wheeling, WV, classified under NTEE code I50Z. The organization reported total revenue of $25K and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Banford & Terri Exley Family Foundation Inc 9388225000's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Banford & Terri Exley Family Foundation Inc 9388225000 is a micro nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $14K |
| Surplus / Deficit | $-9,997 |
| Total Assets | $171K |
| Total Liabilities | $1 |
| Net Assets | $171K |
| Operating Margin | -255.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.7 months |
Financial Health Grade: B
In 2023, The Banford & Terri Exley Family Foundation Inc 9388225000 reported a deficit of $10K with expenses exceeding revenue, holds 147.7 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), The Banford & Terri Exley Family Foundation Inc 9388225000's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -114.1% | +1.2% | -9.6% |
| 2021 | +306.9% | +4.2% | +5.1% |
| 2020 | -55.1% | +3.3% | -2.5% |
| 2019 | +64.9% | +10.2% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Banford & Terri Exley Family Foundation Inc 9388225000 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 The Banford & Terri Exley Family Foundation Inc 9388225000 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 $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Banford & Terri Exley Family Foundation Inc 9388225000
Is The Banford & Terri Exley Family Foundation Inc 9388225000 a legitimate charity?
Based on AI analysis of IRS 990 filings, The Banford & Terri Exley Family Foundation Inc 9388225000 (EIN: 550702493) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Banford & Terri Exley Family Foundation Inc 9388225000 spend its money?
Detailed spending breakdown data is not yet available for The Banford & Terri Exley Family Foundation Inc 9388225000. Check back for updated IRS 990 analysis.
Are donations to The Banford & Terri Exley Family Foundation Inc 9388225000 tax-deductible?
The Banford & Terri Exley Family Foundation Inc 9388225000 is registered as a tax-exempt nonprofit (EIN: 550702493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Banford & Terri Exley Family Foundation Inc 9388225000 located?
The Banford & Terri Exley Family Foundation Inc 9388225000 is headquartered in Wheeling, West Virginia and files with the IRS under EIN 550702493. It is classified under NTEE code I50Z.
How many years of IRS 990 filings does The Banford & Terri Exley Family Foundation Inc 9388225000 have?
The Banford & Terri Exley Family Foundation Inc 9388225000 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 $25K in total revenue.
Filing History
IRS 990 filing history for The Banford & Terri Exley Family Foundation Inc 9388225000 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Banford & Terri Exley Family Foundation Inc 9388225000's revenue has declined by 75.5%, moving from $16K to $4K. Total assets decreased by 4.8% over the same period, from $180K to $171K. Total functional expenses rose by 111.1%, from $7K to $14K. In its most recent filing year (2023), The Banford & Terri Exley Family Foundation Inc 9388225000 reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1 in liabilities against $171K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $171K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $14K | $171K | $1 | — | — |
| 2022 | $-3,046 | $14K | $180K | $1 | — | — |
| 2021 | $22K | $14K | $200K | $1 | — | — |
| 2020 | $5K | $13K | $190K | $1 | — | — |
| 2019 | $12K | $13K | $195K | $0 | — | View 990 |
| 2015 | $7K | $12K | $184K | $0 | — | View 990 |
| 2014 | $19K | $14K | $188K | $0 | — | View 990 |
| 2013 | $12K | $10K | $183K | $0 | — | View 990 |
| 2012 | $9K | $8K | $181K | $0 | — | View 990 |
| 2011 | $16K | $7K | $180K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $14K, and assets of $171K.
- 2022: Revenue of $-3,046, expenses of $14K, and assets of $180K (revenue -114.1% year-over-year).
- 2021: Revenue of $22K, expenses of $14K, and assets of $200K (revenue +306.9% year-over-year).
- 2020: Revenue of $5K, expenses of $13K, and assets of $190K (revenue -55.1% year-over-year).
- 2019: Revenue of $12K, expenses of $13K, and assets of $195K (revenue +64.9% year-over-year).
- 2015: Revenue of $7K, expenses of $12K, and assets of $184K (revenue -63.3% year-over-year).
- 2014: Revenue of $19K, expenses of $14K, and assets of $188K (revenue +63.0% year-over-year).
- 2013: Revenue of $12K, expenses of $10K, and assets of $183K (revenue +34.1% year-over-year).
- 2012: Revenue of $9K, expenses of $8K, and assets of $181K (revenue -44.1% year-over-year).
- 2011: Revenue of $16K, expenses of $7K, and assets of $180K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Banford & Terri Exley Family Foundation Inc 9388225000:
Data Sources and Methodology
This transparency report for The Banford & Terri Exley Family Foundation Inc 9388225000 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.