Willard E Borchers Family Charitable Foundation
Willard E Borchers Family Charitable Foundation maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 20641115 · Hastings, NE · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32K |
| Total Expenses | $28K |
| Program Spending | 95% |
| Net Assets | $863K |
| Transparency Score | 90/100 |
Is Willard E Borchers Family Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Willard E Borchers Family Charitable Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Willard E Borchers Family Charitable Foundation
Willard E Borchers Family Charitable Foundation (EIN: 20641115) is a nonprofit organization based in Hastings, NE, classified under NTEE code B82. The organization reported total revenue of $32K and total assets of $836K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willard E Borchers Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willard E Borchers Family Charitable Foundation is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $28K |
| Surplus / Deficit | $-4,485 |
| Total Assets | $865K |
| Total Liabilities | $2K |
| Net Assets | $863K |
| Operating Margin | -19.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 376.8 months |
Financial Health Grade: B
In 2023, Willard E Borchers Family Charitable Foundation reported a deficit of $4K with expenses exceeding revenue, holds 376.8 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), Willard E Borchers Family Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.4% | -51.4% | -0.5% |
| 2022 | -45.1% | +60.1% | +1.7% |
| 2021 | +380.3% | -18.6% | +12.3% |
| 2020 | -5.1% | +27.3% | -2.1% |
| 2019 | +32.5% | +1.9% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Willard E Borchers Family Charitable Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Willard E Borchers Family Charitable Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that officers are either unpaid volunteers or that the foundation operates with no paid executive staff, which is highly efficient for an organization 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 Willard E Borchers Family Charitable Foundation's IRS 990 filings:
- Revenue volatility, with significant year-to-year fluctuations (e.g., $128,848 in 2021 down to $23,053 in 2023), which could impact consistent grantmaking if not managed by the asset base.
Strengths
The following positive indicators were identified for Willard E Borchers Family Charitable Foundation:
- Consistent 0% officer compensation, indicating extremely low administrative overhead and high efficiency.
- Stable and substantial asset base (over $760,000 for the past decade), providing long-term financial security.
- Consistent filing of IRS 990 forms, demonstrating good transparency.
- Low and stable liabilities ($2,000 across all periods), indicating minimal debt burden.
Frequently Asked Questions about Willard E Borchers Family Charitable Foundation
Is Willard E Borchers Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Willard E Borchers Family Charitable Foundation (EIN: 20641115) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Willard E Borchers Family Charitable Foundation spend its money?
Willard E Borchers Family Charitable Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Willard E Borchers Family Charitable Foundation tax-deductible?
Willard E Borchers Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 20641115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Willard E Borchers Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Willard E Borchers Family Charitable 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 Willard E Borchers Family Charitable Foundation located?
Willard E Borchers Family Charitable Foundation is headquartered in Hastings, Nebraska and files with the IRS under EIN 20641115. It is classified under NTEE code B82.
How many years of IRS 990 filings does Willard E Borchers Family Charitable Foundation have?
Willard E Borchers Family Charitable 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 $32K in total revenue.
Is the Willard E Borchers Family Charitable Foundation a good charity?
Based on the available data, the foundation appears to be a good charity, particularly due to its consistent 0% officer compensation, which means nearly all expenses are directed towards its charitable mission or operational costs. Its stable asset base also suggests long-term viability.
How does the foundation manage its expenses relative to its revenue?
The foundation's expenses have sometimes exceeded its revenue, such as in 2023 ($27,538 expenses vs. $23,053 revenue) and 2020 ($43,457 expenses vs. $26,828 revenue). This indicates that it occasionally utilizes its asset base to cover its charitable distributions and operational costs, which is common for foundations.
What is the trend in the foundation's assets?
The foundation's assets have remained remarkably stable over the past decade, generally fluctuating between $761,514 (2020) and $873,193 (2011), with the latest reported assets at $836,120. This demonstrates financial resilience and a strong endowment.
Filing History
IRS 990 filing history for Willard E Borchers Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Willard E Borchers Family Charitable Foundation's revenue has declined by 60.8%, moving from $59K to $23K. Total assets decreased by 1% over the same period, from $873K to $865K. Total functional expenses fell by 41.9%, from $47K to $28K. In its most recent filing year (2023), Willard E Borchers Family Charitable Foundation reported a deficit of $4K, with expenses exceeding revenue. The organization holds $2K in liabilities against $865K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $863K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $28K | $865K | $2K | — | — |
| 2022 | $71K | $57K | $869K | $2K | — | View 990 |
| 2021 | $129K | $35K | $855K | $2K | — | View 990 |
| 2020 | $27K | $43K | $762K | $2K | — | View 990 |
| 2019 | $28K | $34K | $778K | $2K | — | View 990 |
| 2015 | $21K | $34K | $832K | $2K | — | View 990 |
| 2014 | $27K | $41K | $844K | $2K | — | View 990 |
| 2013 | $39K | $38K | $858K | $2K | — | View 990 |
| 2012 | $18K | $34K | $857K | $2K | — | View 990 |
| 2011 | $59K | $47K | $873K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $28K, and assets of $865K (revenue -67.4% year-over-year).
- 2022: Revenue of $71K, expenses of $57K, and assets of $869K (revenue -45.1% year-over-year).
- 2021: Revenue of $129K, expenses of $35K, and assets of $855K (revenue +380.3% year-over-year).
- 2020: Revenue of $27K, expenses of $43K, and assets of $762K (revenue -5.1% year-over-year).
- 2019: Revenue of $28K, expenses of $34K, and assets of $778K (revenue +32.5% year-over-year).
- 2015: Revenue of $21K, expenses of $34K, and assets of $832K (revenue -20.5% year-over-year).
- 2014: Revenue of $27K, expenses of $41K, and assets of $844K (revenue -31.7% year-over-year).
- 2013: Revenue of $39K, expenses of $38K, and assets of $858K (revenue +120.6% year-over-year).
- 2012: Revenue of $18K, expenses of $34K, and assets of $857K (revenue -69.8% year-over-year).
- 2011: Revenue of $59K, expenses of $47K, and assets of $873K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Willard E Borchers Family Charitable Foundation:
Data Sources and Methodology
This transparency report for Willard E Borchers Family Charitable 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.