The Barbara Epstein Foundation Inc
Barbara Epstein Foundation consistently spends more than it earns, depleting assets by over 50% in a decade.
EIN: 208355941 · Wayland, MA · NTEE: T20 · Updated: 2026-03-28
Is The Barbara Epstein Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Barbara Epstein Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Barbara Epstein Foundation Inc
The Barbara Epstein Foundation Inc (EIN: 208355941) is a nonprofit organization based in Wayland, MA, classified under NTEE code T20. The organization reported total revenue of $1.1M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Barbara Epstein Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Barbara Epstein Foundation Inc with a Mission Score of 60 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Barbara Epstein Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its executives, which is highly favorable for a foundation of its size.
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 The Barbara Epstein Foundation Inc's IRS 990 filings:
- Consistent deficit spending, with expenses frequently exceeding revenue (e.g., 2023 expenses $829,658 vs. revenue $202,177).
- Significant decline in total assets over time, from $5.4 million in 2012 to $2.2 million in 2023, indicating asset depletion.
- Long-term financial viability concerns due to sustained operational deficits.
Strengths
The following positive indicators were identified for The Barbara Epstein Foundation Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in executive pay.
- Very low liabilities ($1 across all reported periods), suggesting a healthy balance sheet in terms of debt.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Frequently Asked Questions about The Barbara Epstein Foundation Inc
Is The Barbara Epstein Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Barbara Epstein Foundation Inc (EIN: 208355941) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does The Barbara Epstein Foundation Inc spend its money?
The Barbara Epstein Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Barbara Epstein Foundation Inc tax-deductible?
The Barbara Epstein Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208355941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Barbara Epstein Foundation Inc. financially sustainable?
Based on the provided data, the foundation has consistently spent more than its revenue for many years, leading to a significant decline in assets from $5.4 million in 2012 to $2.2 million in 2023. This trend suggests a lack of financial sustainability if not addressed.
What is the primary reason for the decline in assets?
The primary reason for the decline in assets is the consistent deficit spending, where annual expenses have frequently exceeded annual revenues. For example, in 2023, expenses were $829,658 while revenue was only $202,177.
Does the foundation pay its officers?
No, the foundation reports 0% officer compensation across all available IRS 990 filings, indicating that no compensation is paid to its officers.
Filing History
IRS 990 filing history for The Barbara Epstein Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Barbara Epstein Foundation Inc's revenue has declined by 72%, moving from $723K to $202K. Total assets decreased by 57.6% over the same period, from $5.3M to $2.2M. Total functional expenses rose by 148.4%, from $334K to $830K. In its most recent filing year (2023), The Barbara Epstein Foundation Inc reported a deficit of $627K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $830K | $2.2M | $1 | — | — |
| 2022 | $632K | $695K | $2.9M | $1 | — | View 990 |
| 2021 | $490K | $707K | $2.9M | $1 | — | View 990 |
| 2020 | $924K | $1.7M | $3.1M | $1 | — | View 990 |
| 2019 | $294K | $542K | $3.9M | $1 | — | — |
| 2015 | $201K | $576K | $4.6M | $1 | — | View 990 |
| 2014 | $178K | $393K | $5.0M | $1 | — | View 990 |
| 2013 | $140K | $351K | $5.2M | $1 | — | View 990 |
| 2012 | $466K | $349K | $5.4M | $1 | — | View 990 |
| 2011 | $723K | $334K | $5.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $830K, and assets of $2.2M (revenue -68.0% year-over-year).
- 2022: Revenue of $632K, expenses of $695K, and assets of $2.9M (revenue +28.9% year-over-year).
- 2021: Revenue of $490K, expenses of $707K, and assets of $2.9M (revenue -47.0% year-over-year).
- 2020: Revenue of $924K, expenses of $1.7M, and assets of $3.1M (revenue +214.4% year-over-year).
- 2019: Revenue of $294K, expenses of $542K, and assets of $3.9M (revenue +46.2% year-over-year).
- 2015: Revenue of $201K, expenses of $576K, and assets of $4.6M (revenue +12.7% year-over-year).
- 2014: Revenue of $178K, expenses of $393K, and assets of $5.0M (revenue +27.4% year-over-year).
- 2013: Revenue of $140K, expenses of $351K, and assets of $5.2M (revenue -69.9% year-over-year).
- 2012: Revenue of $466K, expenses of $349K, and assets of $5.4M (revenue -35.6% year-over-year).
- 2011: Revenue of $723K, expenses of $334K, and assets of $5.3M.
Data Sources and Methodology
This transparency report for The Barbara Epstein 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.