Louis H and Madlyn B Barnett Supporting Foundation is a 501(c)(3) organization based in Fort Worth, Texas, registered in 1988, with $32,223 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$32K
▲ 344.5% vs prior year
Expenses (FY2024)
$15K
Net assets
$612K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Louis H and Madlyn B Barnett Supporting Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Louis H and Madlyn B Barnett Supporting Foundation: 490 mo reserves · +53% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Louis H and Madlyn B Barnett Supporting Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Louis H and Madlyn B Barnett Supporting Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $5,447 (FY2010) to $32K (FY2024) across 14 reported years.
Financial snapshot
Operating margin
53.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$613K
Total liabilities
$850
Net assets
$612K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $32,223▲344% | $15,000▼44.4% | $612,282▲2.2% | $613,132▲2.2% | 990 |
| 2023 | $7,250▲17.3% | $27,000 | $598,891▼0.8% | $599,741▼0.8% | 990 |
| 2022 | $6,179▼94.7% | $0 | $603,598▼4.0% | $604,448▼4.0% | 990 |
| 2021 | $115,915▲2722% | $0 | $628,461▲22.4% | $629,311▲22.3% | 990 |
| 2020 | $4,108▼42.8% | $0 | $513,523▲2.1% | $514,373▲2.1% | 990 |
| 2019 | $7,188▼35.9% | $0▼100% | $502,766▲5.3% | $503,616▲5.2% | 990 |
| 2018 | $11,213▲117% | $26,800▲47.8% | $477,656▼6.7% | $478,506▼6.7% | 990 |
| 2017 | $5,176▼40.0% | $18,138 | $512,126▼0.2% | $512,976▼0.1% | 990 |
| 2016 | $8,628▼57.0% | $0▼100% | $513,074▲2.2% | $513,287▲2.2% | 990 |
| 2015 | $20,073▼21.8% | $56,432 | $502,077▼11.0% | $502,290▼13.8% | 990 |
| 2014 | $25,672▼20.4% | $0 | $564,385▲4.4% | $582,860▲4.2% | 990 |
| 2013 | $32,267 | $0 | $540,837▲8.9% | $559,312▲8.6% | 990 |
| 2012 | — | $0 | $496,573▲5.6% | $515,048▲5.5% | 990 |
| 2011 | $16,357▲200% | $0 | $470,097▲0.2% | $488,360▲0.2% | 990EZ |
| 2010 | $5,447 | $0 | $469,020 | $487,495 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Louis H and Madlyn B Barnett Supporting Foundation (EIN 75-2152949) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.