Is Brazil Foundation Legit?

Quick charity verification for Brazil Foundation (EIN: 134131482)

Verdict: Brazil Foundation appears trustworthy

90/100Mission Score

$9.7MRevenue

$14.5MAssets

2Red Flags

5Strengths

Red Flags

Unusually low reported liabilities relative to assets in some years (e.g., $48,410 liabilities vs $6,894,669 assets in 2021), which could warrant further investigation into financial structure, though generally a positive sign.
The consistent 0% officer compensation, while positive for resource allocation, is highly unusual for an organization of this scale and could suggest compensation is reported under different categories or provided by external entities, which might require deeper scrutiny for full transparency.

Strengths

Consistent revenue growth, increasing from $2,510,562 in 2019 to $6,512,459 in 2023.
Significant asset accumulation, growing from $3,409,067 in 2020 to $12,481,101 in 2023.
Reported 0% officer compensation across all filings, indicating a strong commitment to directing funds to programs.
Healthy surpluses in most years, with revenue consistently exceeding expenses (e.g., $6,512,459 revenue vs $4,827,929 expenses in 2023).
Strong financial stability with assets significantly outweighing liabilities (e.g., $12,481,101 assets vs $585,815 liabilities in 2023).

Spending Breakdown

How Brazil Foundation 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 Brazil Foundation

Is Brazil Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Brazil Foundation (EIN: 134131482) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.

Is Brazil Foundation a good charity to donate to?

Brazil Foundation has a Mission Score of 90/100. Revenue: $9.7M. Assets: $14.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Brazil Foundation?

The Employer Identification Number (EIN) for Brazil Foundation is 134131482. 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 Brazil Foundation spend its money?

Brazil Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Brazil Foundation's tax-exempt status?

You can verify Brazil Foundation's tax-exempt status using EIN 134131482 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

Brazil Foundation demonstrates strong financial health and a commitment to its programmatic mission. Over the past five years, the organization has shown consistent revenue growth, increasing from $2,510,562 in 2019 to $6,512,459 in 2023, with a peak of $9,275,379 in 2022. This growth has allowed for a significant increase in assets, which have more than quadrupled from $3,409,067 in 2020 to $12,481,101 in 2023, indicating effective asset management and financial stability. The organization consistently spends a high proportion of its expenses on programs, reflecting a strong focus on its mission.

The foundation's spending efficiency appears robust, with expenses generally well below revenue, leading to healthy surpluses that contribute to asset growth. For instance, in 2023, expenses were $4,827,929 against revenues of $6,512,459. The consistent reporting of 0% officer compensation across all available filings suggests a highly volunteer-driven or externally compensated leadership structure, which can be a positive indicator of resource allocation directly to mission-related activities. This practice also enhances transparency regarding how donor funds are utilized.

Overall, Brazil Foundation exhibits sound financial management, a clear dedication to its programs, and a transparent approach to executive compensation. The consistent growth in assets and revenue, coupled with efficient spending, positions the organization well for continued impact. The detailed financial reporting over many years further contributes to its 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.