Barnes Family Foundation
- Assets
- $476.3k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Perkasie, PA
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 81-0847423
Organization Overview
Barnes Family Foundation is located in Perkasie, PA. The organization was established in 2018. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barnes Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Barnes Family Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 44.8% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 46.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION OFFICERS MET WITH CONSULTANTS ACADEMIC INSTITUTIONS NON PROFIT ORGANIZATIONS AND SOFTWARE DESIGN AND DEVELOPMENT AGENCIES TO ASSIST IN DESIGNING AND PLANNING THE FOUNDATIONS CHARITABLE PROGRAMS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Barnes Executive Chairman | 40 | $35,568 | |
Susan Barnes Vice President | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Live 4 Life Media Llc | 12/30/21 | $647,488 |
University Of Washington | 12/30/21 | $299,276 |
Amanda Tuft | 12/30/21 | $100,313 |
Insite Technology Llc | 12/30/21 | $121,286 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,860,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,855 |
| Total Revenue | $1,885,855 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,568 |
| Other employee salaries and wages | $123,380 |
| Pension plans, employee benefits | $37,883 |
| Interest | $0 |
| Taxes | $12,160 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $19,747 |
| Printing and publications | $0 |
| Other expenses | $36,794 |
| Total operating and administrative expenses | $1,605,617 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,605,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $331,348 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $130,000 |
| Total assets | $476,348 |
| Accounts payable and accrued expenses | $2,426 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,426 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Barnes Family Foundation has recieved totaling $1,860,000.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $1,860,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Monongalia Health System Inc Morgantown, WV | $86,745,766 | $16,010,701 |
Main Line Health System Newtown Square, PA | $716,989,438 | $16,528,062 |
Albany Medical Center Saratoga Springs, NY | $17,328,223 | $18,761,699 |
Keystone Human Services Harrisburg, PA | $87,650,682 | $15,974,485 |
Metropolitan Medical Practice Plan Pc Bronx, NY | $6,076,770 | $14,643,918 |
Gslpg Inc Allentown, PA | $2,068,397 | $14,256,674 |
Wellspan Health Care Services York, PA | $27,111,355 | $16,698,867 |
Fisher Titus Health Norwalk, OH | $26,776,326 | $13,778,991 |
Heritage Valley Health System Inc Beaver, PA | $119,093,589 | $30,915,024 |
Pittsburgh Mercy Health System Inc Pittsburgh, PA | $67,521,734 | $13,055,628 |
Western Maryland Health Care Corporation Oakland, MD | $13,609,447 | $14,070,540 |