The Bos Family Foundation
The Bos Family Foundation consistently operates with no officer compensation, directing funds to its mission.
EIN: 203716147 · Demotte, IN · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $518K |
| Total Expenses | $533K |
| Program Spending | 90% |
| Net Assets | $291K |
| Transparency Score | 92/100 |
Is The Bos Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Bos Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Bos Family Foundation
The Bos Family Foundation (EIN: 203716147) is a nonprofit organization based in Demotte, IN, classified under NTEE code B82. The organization reported total revenue of $518K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Bos Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Bos Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $621K |
| Total Expenses | $533K |
| Surplus / Deficit | +$87K |
| Total Assets | $291K |
| Total Liabilities | $1 |
| Net Assets | $291K |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, The Bos Family Foundation reported a surplus of $87K with revenue exceeding expenses, holds 6.6 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 Bos Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.9% | -32.9% | +42.8% |
| 2022 | +118.1% | +125.2% | -4.6% |
| 2021 | -60.0% | -59.4% | +3.4% |
| 2020 | +2130.4% | +197.8% | +17.0% |
| 2019 | -97.0% | -12.5% | -87.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Bos Family Foundation 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, The Bos Family Foundation 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 $87K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This suggests a highly efficient operational model where all funds are directed towards the foundation's mission or administrative overhead, rather than executive salaries.
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.
Strengths
The following positive indicators were identified for The Bos Family Foundation:
- Consistent 0% officer compensation, maximizing mission-related spending.
- Minimal liabilities ($1 in recent years), indicating strong financial management and low debt.
- Positive net assets and recent asset growth (from $203,976 in 2022 to $291,251 in 2023), demonstrating financial stability.
- Consistent IRS 990 filing history (10 filings), showing commitment to transparency.
- Expenses generally managed within revenue, with a surplus in 2023 ($620,684 revenue vs. $533,409 expenses).
Frequently Asked Questions about The Bos Family Foundation
Is The Bos Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Bos Family Foundation (EIN: 203716147) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does The Bos Family Foundation spend its money?
The Bos Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Bos Family Foundation tax-deductible?
The Bos Family Foundation is registered as a tax-exempt nonprofit (EIN: 203716147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Bos Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Bos Family Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Bos Family Foundation located?
The Bos Family Foundation is headquartered in Demotte, Indiana and files with the IRS under EIN 203716147. It is classified under NTEE code B82.
How many years of IRS 990 filings does The Bos Family Foundation have?
The Bos Family 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 $518K in total revenue.
Is The Bos Family Foundation a good charity?
Based on the available financial data, The Bos Family Foundation appears to be a well-managed organization. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its liabilities are minimal, and it maintains positive net assets, suggesting financial stability. The consistent filing of IRS Form 990 also demonstrates transparency.
How has the foundation's revenue trended over time?
The foundation's revenue has fluctuated significantly over the years, ranging from a low of $40,360 in 2019 to a high of $1,347,451 in 2015. More recently, revenue was $620,684 in 2023 and $785,166 in 2022, showing variability but generally strong inflows.
What is the foundation's asset growth like?
The foundation's assets have shown growth, particularly in the most recent period, increasing from $203,976 in 2022 to $291,251 in 2023. While there was a peak of $1,419,825 in 2015, the current trend indicates a healthy accumulation of resources.
Does the foundation have significant debt?
No, the foundation consistently reports minimal liabilities, typically $1 in recent years, indicating a very low debt burden and strong financial health.
Filing History
IRS 990 filing history for The Bos Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Bos Family Foundation's revenue has grown by 77.3%, moving from $350K to $621K. Total assets decreased by 7.8% over the same period, from $316K to $291K. Total functional expenses rose by 96.8%, from $271K to $533K. In its most recent filing year (2023), The Bos Family Foundation reported a surplus of $87K, with revenue exceeding expenses. The organization holds $1 in liabilities against $291K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $291K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $621K | $533K | $291K | $1 | — | View 990 |
| 2022 | $785K | $795K | $204K | $1 | — | View 990 |
| 2021 | $360K | $353K | $214K | $1 | — | — |
| 2020 | $900K | $870K | $207K | $1 | — | View 990 |
| 2019 | $40K | $292K | $177K | $1 | — | View 990 |
| 2015 | $1.3M | $334K | $1.4M | $1 | — | View 990 |
| 2014 | $410K | $195K | $406K | $1 | — | View 990 |
| 2013 | $181K | $202K | $192K | $0 | — | View 990 |
| 2012 | $60K | $164K | $213K | $0 | — | View 990 |
| 2011 | $350K | $271K | $316K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $621K, expenses of $533K, and assets of $291K (revenue -20.9% year-over-year).
- 2022: Revenue of $785K, expenses of $795K, and assets of $204K (revenue +118.1% year-over-year).
- 2021: Revenue of $360K, expenses of $353K, and assets of $214K (revenue -60.0% year-over-year).
- 2020: Revenue of $900K, expenses of $870K, and assets of $207K (revenue +2130.4% year-over-year).
- 2019: Revenue of $40K, expenses of $292K, and assets of $177K (revenue -97.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $334K, and assets of $1.4M (revenue +228.6% year-over-year).
- 2014: Revenue of $410K, expenses of $195K, and assets of $406K (revenue +126.4% year-over-year).
- 2013: Revenue of $181K, expenses of $202K, and assets of $192K (revenue +199.4% year-over-year).
- 2012: Revenue of $60K, expenses of $164K, and assets of $213K (revenue -82.7% year-over-year).
- 2011: Revenue of $350K, expenses of $271K, and assets of $316K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Bos Family Foundation:
Data Sources and Methodology
This transparency report for The Bos Family 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.