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
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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 |
|---|---|---|
Amanda Tuft | 12/30/21 | $100,313 |
Live 4 Life Media Llc | 12/30/21 | $647,488 |
Insite Technology Llc | 12/30/21 | $121,286 |
University Of Washington | 12/30/21 | $299,276 |
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 |