The Barry Foundation
The Barry Foundation shows consistent asset growth but frequently operates with annual deficits.
EIN: 205767275 · Fargo, ND · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24.7M |
| Total Expenses | $2.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $54.9 |
| Net Assets | $49.1M |
| Transparency Score | 85/100 |
Is The Barry Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Barry Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Barry Foundation
The Barry Foundation (EIN: 205767275) is a nonprofit organization based in Fargo, ND, classified under NTEE code T22. The organization reported total revenue of $24.7M and total assets of $54.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Barry Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Barry Foundation is a large nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-848,736 |
| Total Assets | $49.2M |
| Total Liabilities | $93K |
| Net Assets | $49.1M |
| Operating Margin | -49.3% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 229.5 months |
Financial Health Grade: B
In 2023, The Barry Foundation reported a deficit of $849K with expenses exceeding revenue, holds 229.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Barry Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | +2.0% | +9.1% |
| 2022 | -56.4% | +4.6% | -17.8% |
| 2021 | +144.8% | -1.3% | +11.9% |
| 2020 | -10.1% | -7.4% | +6.5% |
| 2019 | -35.5% | +12.4% | +13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
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 The Barry Foundation with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Barry Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $849K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through other means not reflected in this specific metric, which is highly favorable for an organization of its asset size ($54.9 million).
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 Barry Foundation's IRS 990 filings:
- Frequent annual operating deficits (e.g., 2023 expenses $2.57M vs. revenue $1.72M)
- Significant discrepancy between 'Latest Revenue' ($24.67M) and individual annual filing revenues (max $4.4M)
Strengths
The following positive indicators were identified for The Barry Foundation:
- Consistent asset growth from $38M to $54.9M over a decade
- Reported 0% officer compensation across all filings, indicating strong financial stewardship or volunteer leadership
- Generally low liabilities relative to assets, indicating financial stability
Frequently Asked Questions about The Barry Foundation
Is The Barry Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Barry Foundation (EIN: 205767275) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does The Barry Foundation spend its money?
The Barry Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Barry Foundation tax-deductible?
The Barry Foundation is registered as a tax-exempt nonprofit (EIN: 205767275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Barry Foundation CEO make?
The Barry Foundation's highest-compensated officer earns $54.9 annually. The organization reported $24.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Barry Foundation's spending goes to programs?
The Barry Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Barry Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Barry Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Barry Foundation located?
The Barry Foundation is headquartered in Fargo, North Dakota and files with the IRS under EIN 205767275. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Barry Foundation have?
The Barry Foundation 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 $24.7M in total revenue.
Why do expenses frequently exceed revenue for The Barry Foundation?
In several recent years (e.g., 2023, 2022, 2020, 2019, 2013), The Barry Foundation's reported expenses have been higher than its revenue for that period. For instance, in 2023, expenses were $2,571,385 while revenue was $1,722,649. This could be due to strategic spending from reserves, investment losses, or other factors not detailed in the provided data.
What is the nature of the 'Latest Revenue' figure of $24,674,315 compared to the annual filing revenues?
The 'Latest Revenue' figure of $24,674,315 is significantly higher than any individual annual revenue reported in the filing history (which range from $1.5M to $4.4M). This discrepancy suggests it might be a cumulative figure, a revenue from a different reporting period not detailed, or an exceptional one-time event that warrants further investigation.
How does The Barry Foundation manage its liabilities?
Liabilities have generally remained low relative to assets, typically under $100,000 in most years, with a notable exception in 2013 where liabilities were $2,002,157. This indicates a generally healthy balance sheet, though the 2013 spike is worth noting.
Filing History
IRS 990 filing history for The Barry Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Barry Foundation's revenue has declined by 12.8%, moving from $2.0M to $1.7M. Total assets increased by 29.4% over the same period, from $38.0M to $49.2M. Total functional expenses rose by 65.8%, from $1.6M to $2.6M. In its most recent filing year (2023), The Barry Foundation reported a deficit of $849K, with expenses exceeding revenue. The organization holds $93K in liabilities against $49.2M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $49.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.6M | $49.2M | $93K | — | — |
| 2022 | $1.6M | $2.5M | $45.1M | $75K | — | View 990 |
| 2021 | $3.8M | $2.4M | $54.8M | $58K | — | View 990 |
| 2020 | $1.5M | $2.4M | $49.0M | $61K | — | View 990 |
| 2019 | $1.7M | $2.6M | $46.0M | $62K | — | View 990 |
| 2015 | $2.7M | $2.3M | $40.4M | $26K | — | View 990 |
| 2014 | $4.4M | $2.4M | $40.1M | $67K | — | View 990 |
| 2013 | $1.9M | $2.1M | $40.0M | $2.0M | — | View 990 |
| 2012 | $2.2M | $2.0M | $38.3M | $68K | — | View 990 |
| 2011 | $2.0M | $1.6M | $38.0M | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.6M, and assets of $49.2M (revenue +5.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.5M, and assets of $45.1M (revenue -56.4% year-over-year).
- 2021: Revenue of $3.8M, expenses of $2.4M, and assets of $54.8M (revenue +144.8% year-over-year).
- 2020: Revenue of $1.5M, expenses of $2.4M, and assets of $49.0M (revenue -10.1% year-over-year).
- 2019: Revenue of $1.7M, expenses of $2.6M, and assets of $46.0M (revenue -35.5% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.3M, and assets of $40.4M (revenue -39.6% year-over-year).
- 2014: Revenue of $4.4M, expenses of $2.4M, and assets of $40.1M (revenue +127.4% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.1M, and assets of $40.0M (revenue -11.7% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.0M, and assets of $38.3M (revenue +10.9% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.6M, and assets of $38.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Barry Foundation:
Data Sources and Methodology
This transparency report for The Barry 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.