Barrett's Bears Ministry
Nonprofit profile at a glance
- EIN
- 932698721
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Stonewall, LA, USA
- Phone
- 3184227479
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Gift Distribution
Reported finances
- Revenue
- $63,419
- Expenses
- $28,736
- Assets
- $40,392
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- NATALIE BOGGS (EXECUTIVE DI)
- WALKER BOGGS (DIRECTOR)
- RACHEL SPIVEY (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the corporation is exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code and herein stated as follows: the mission of barretts bears ministry is to give comfort to families who have lost babies due to miscarriage, stillbirth, or early infant loss by providing them with personalized teddy bears and comfort items, and occasional charitable monetary donations to individuals and/or organizations if such a need arises in the community. Our primary goal is to encourage families in their darkest moments and give them something by which to remember their baby. Our mission, above all, is to remind grieving families that they are loved and their babies will never be forgotten with these personal memorial gifts.
What it reported doing in 2024
Barrett's bears ministry was able to give comfort to families who lost babies due to miscarriage, stillbirth, or early infant loss by donating around 908 bears to these families.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Member-benefit provider. The nonprofit used 97% of its reported program spending for member benefits.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 82
- Sustainability: 66
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.8%; rating input score 42
- Program expense ratio: 92.3%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 54.7%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 1.41; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -50.4% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: 61.5% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 150.5% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 41.8% of revenue deployed · 92.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.