Theodore C And Katherine P Bentleyfoundation
The Bentleyfoundation maintains strong assets and zero executive compensation despite volatile revenue and recent deficit spending.
EIN: 203818939 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
Is Theodore C And Katherine P Bentleyfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Theodore C And Katherine P Bentleyfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Theodore C And Katherine P Bentleyfoundation
Theodore C And Katherine P Bentleyfoundation (EIN: 203818939) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $1.5M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theodore C And Katherine P Bentleyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theodore C And Katherine P Bentleyfoundation is a mid-size 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 -5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $411K |
| Surplus / Deficit | $-326,204 |
| Total Assets | $5.7M |
| Total Liabilities | $1 |
| Net Assets | $5.7M |
| Operating Margin | -386.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 165.5 months |
Financial Health Grade: B
In 2023, Theodore C And Katherine P Bentleyfoundation reported a deficit of $326K with expenses exceeding revenue, holds 165.5 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), Theodore C And Katherine P Bentleyfoundation's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -80.5% | +39.0% | -5.4% |
| 2022 | -74.3% | +8.3% | +2.3% |
| 2021 | +452.9% | +4.1% | +31.3% |
| 2020 | +26.2% | -1.1% | +1.3% |
| 2019 | +24.8% | +31.2% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Theodore C And Katherine P Bentleyfoundation 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, Theodore C And Katherine P Bentleyfoundation 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 deficit of $326K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives, which is highly efficient 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 Theodore C And Katherine P Bentleyfoundation's IRS 990 filings:
- Significant revenue volatility across reporting periods
- Expenses ($410,517) significantly exceeded revenue ($84,313) in the most recent 2023 period
Strengths
The following positive indicators were identified for Theodore C And Katherine P Bentleyfoundation:
- Consistent zero officer compensation across all filings
- Strong asset base relative to annual expenses ($5,661,429 assets vs. $410,517 expenses in 2023)
- Minimal liabilities reported across all periods
- Lean operational structure with high program focus
Frequently Asked Questions about Theodore C And Katherine P Bentleyfoundation
Is Theodore C And Katherine P Bentleyfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Theodore C And Katherine P Bentleyfoundation (EIN: 203818939) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Theodore C And Katherine P Bentleyfoundation spend its money?
Theodore C And Katherine P Bentleyfoundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Theodore C And Katherine P Bentleyfoundation tax-deductible?
Theodore C And Katherine P Bentleyfoundation is registered as a tax-exempt nonprofit (EIN: 203818939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Theodore C And Katherine P Bentleyfoundation financially stable?
Yes, despite recent revenue fluctuations and a deficit in 2023, the foundation's substantial assets of $5,661,429 in 2023 provide a strong buffer, indicating overall financial stability.
How efficient is the foundation's spending?
The foundation demonstrates high spending efficiency, with no reported officer compensation and consistently low liabilities, suggesting a significant portion of expenses are directed towards program services.
What caused the significant revenue drop in 2023?
The provided data does not specify the exact cause of the revenue drop from $432,479 in 2022 to $84,313 in 2023, but such fluctuations are not uncommon for foundations relying on investment returns or specific grant cycles.
Does the foundation have high administrative costs?
No, the foundation appears to have very low administrative costs, particularly given the absence of any reported officer compensation across all filings.
Filing History
IRS 990 filing history for Theodore C And Katherine P Bentleyfoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Theodore C And Katherine P Bentleyfoundation's revenue has declined by 47.7%, moving from $161K to $84K. Total assets increased by 158.4% over the same period, from $2.2M to $5.7M. Total functional expenses rose by 191.8%, from $141K to $411K. In its most recent filing year (2023), Theodore C And Katherine P Bentleyfoundation reported a deficit of $326K, with expenses exceeding revenue. 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 | $84K | $411K | $5.7M | $1 | — | View 990 |
| 2022 | $432K | $295K | $6.0M | $1 | — | View 990 |
| 2021 | $1.7M | $273K | $5.9M | $1 | — | View 990 |
| 2020 | $305K | $262K | $4.5M | $15K | — | View 990 |
| 2019 | $241K | $265K | $4.4M | $16K | — | View 990 |
| 2015 | $193K | $202K | $4.5M | $1 | — | View 990 |
| 2014 | $248K | $234K | $4.5M | $1 | — | View 990 |
| 2013 | $278K | $164K | $4.5M | $1 | — | View 990 |
| 2012 | $2.3M | $147K | $4.3M | $1 | — | View 990 |
| 2011 | $161K | $141K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $411K, and assets of $5.7M (revenue -80.5% year-over-year).
- 2022: Revenue of $432K, expenses of $295K, and assets of $6.0M (revenue -74.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $273K, and assets of $5.9M (revenue +452.9% year-over-year).
- 2020: Revenue of $305K, expenses of $262K, and assets of $4.5M (revenue +26.2% year-over-year).
- 2019: Revenue of $241K, expenses of $265K, and assets of $4.4M (revenue +24.8% year-over-year).
- 2015: Revenue of $193K, expenses of $202K, and assets of $4.5M (revenue -21.9% year-over-year).
- 2014: Revenue of $248K, expenses of $234K, and assets of $4.5M (revenue -11.1% year-over-year).
- 2013: Revenue of $278K, expenses of $164K, and assets of $4.5M (revenue -87.9% year-over-year).
- 2012: Revenue of $2.3M, expenses of $147K, and assets of $4.3M (revenue +1328.5% year-over-year).
- 2011: Revenue of $161K, expenses of $141K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theodore C And Katherine P Bentleyfoundation:
Data Sources and Methodology
This transparency report for Theodore C And Katherine P Bentleyfoundation 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.