Bare Inc Nfp
Nonprofit profile at a glance
- EIN
- 880610702
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- Montgomery, IL, USA
- Phone
- 6302003056
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $195,943
- Expenses
- $197,153
- Assets
- $74,690
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JORDAN SARBAUGH (PRESIDENT)
- JENNIFER LAU (EXECUTIVE DIRECTOR)
People named in this filing
- JORDAN SARBAUGH (PRESIDENT)
- JENNIFER LAU (EXECUTIVE DIRECTOR)
- KATE MULLEN (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To drive research and education for better outcomes in treatment and management within the biliary atresia community.
What it reported doing in 2025
General programs: general programs are items or programs that go into furthering bare as a whole and not just one specific program. This includes educational webinars, presentations, investing in technology, consultants, marketing, etc. Some of the general programs will fall into an 'admin' capacity that impacts all programs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 87% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.7%; rating input score 92
- Program expense ratio: 91.2%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -0.6%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 32.1%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 53.8% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 27.5% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 0.9% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 91.7% of revenue deployed · 91.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $180K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 28/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Sustainability: Officer compensation ratio scored 11/100.