Is Bradley Reid Corporation Legit?

Quick charity verification for Bradley Reid Corporation (EIN: 161683881)

Verdict: Bradley Reid Corporation appears trustworthy

90/100Mission Score

$686KRevenue

$57KAssets

2Red Flags

5Strengths

Red Flags

Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Latest revenue ($685,554) is lower than the previous period's peak ($894,550 in 2021), warranting further investigation into the cause.

Strengths

Consistent revenue growth over a decade, from $39,572 in 2011 to $894,550 in 2021.
0% officer compensation reported across all filings, indicating high efficiency and dedication to mission.
Revenues generally exceed expenses, leading to positive net assets.
Low liabilities, demonstrating responsible financial management.
Consistent IRS 990 filing history, indicating transparency and compliance.

Spending Breakdown

How Bradley Reid Corporation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Bradley Reid Corporation

Is Bradley Reid Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Bradley Reid Corporation (EIN: 161683881) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.

Is Bradley Reid Corporation a good charity to donate to?

Bradley Reid Corporation has a Mission Score of 90/100. Revenue: $686K. Assets: $57K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bradley Reid Corporation?

The Employer Identification Number (EIN) for Bradley Reid Corporation is 161683881. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Bradley Reid Corporation spend its money?

Bradley Reid Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Bradley Reid Corporation's tax-exempt status?

You can verify Bradley Reid Corporation's tax-exempt status using EIN 161683881 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Bradley Reid Corporation demonstrates a consistent operational history with fluctuating but generally increasing revenue over the past decade, from $39,572 in 2011 to $894,550 in 2021. The organization appears to operate with a lean financial model, as evidenced by its relatively low asset base ($57,380 latest, $96,065 in 2021) compared to its annual revenue. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator for spending efficiency. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is limited. The organization's liabilities have remained relatively low, peaking at $15,437 in 2017 and $15,013 in 2020, indicating responsible financial management and avoiding excessive debt.

The financial health appears stable, with revenues generally exceeding expenses, leading to modest increases in net assets over time. For instance, in 2021, revenue was $894,550 against expenses of $805,605, resulting in a surplus. The organization's growth trajectory is notable, especially the significant increase in revenue from $196,862 in 2015 to $894,550 in 2021. While the latest reported revenue is $685,554, which is lower than the 2021 peak, it's important to consider if this represents a single period dip or a new trend. The lack of specific expense category breakdowns in the provided data limits a full transparency assessment regarding how funds are allocated beyond the general revenue and expense figures. However, the consistent filing of IRS 990s over a decade demonstrates a commitment to regulatory transparency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.