Quick charity verification for Brazilian American Chamber Of Commerce (EIN: 130430305)
Verdict: Brazilian American Chamber Of Commerce appears trustworthy
75/100Mission Score
$4.2MRevenue
$7.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency regarding executive remuneration.
NTEE Code is unknown, which limits the ability to benchmark against similar organizations and understand its specific charitable purpose.
Strengths
Strong revenue growth in recent years, increasing from $907,905 in 2021 to $3,214,779 in 2023, indicating financial vitality.
Consistent asset growth, from $2,907,723 in 2015 to $5,694,886 in 2023, demonstrating financial stability and good management.
Positive net income in most recent years (e.g., 2023 revenue of $3,214,779 vs. expenses of $1,899,752), contributing to reserves and future capacity.
Long history of IRS 990 filings (13 filings), indicating consistent compliance with regulatory reporting requirements.
Spending Breakdown
How Brazilian American Chamber Of Commerce allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Brazilian American Chamber Of Commerce
Is Brazilian American Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Brazilian American Chamber Of Commerce (EIN: 130430305) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Brazilian American Chamber Of Commerce a good charity to donate to?
Brazilian American Chamber Of Commerce has a Mission Score of 75/100. Revenue: $4.2M. Assets: $7.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Brazilian American Chamber Of Commerce?
The Employer Identification Number (EIN) for Brazilian American Chamber Of Commerce is 130430305. 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 Brazilian American Chamber Of Commerce spend its money?
Brazilian American Chamber Of Commerce allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Brazilian American Chamber Of Commerce's tax-exempt status?
You can verify Brazilian American Chamber Of Commerce's tax-exempt status using EIN 130430305 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
The Brazilian American Chamber of Commerce demonstrates a generally healthy financial position with consistent revenue growth in recent years, particularly from 2021 to 2023, where revenue increased from $907,905 to $3,214,779. The organization has also shown a strong ability to build its asset base, growing from $2,907,723 in 2015 to $5,694,886 in 2023, indicating good financial management and stability. Their liabilities have remained manageable relative to their assets, suggesting a low financial risk.
Spending efficiency appears reasonable, with expenses generally lower than revenue, leading to surpluses that contribute to asset growth. For instance, in 2023, expenses were $1,899,752 against revenues of $3,214,779, resulting in a significant surplus. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under different categories, which could impact the perception of transparency regarding leadership costs. Further detail on program, administrative, and fundraising expenses would provide a more complete picture of spending efficiency.
Overall, the organization appears financially sound and capable of sustaining its operations. The consistent filing of IRS Form 990s over a long period (13 filings) indicates a commitment to regulatory compliance and basic financial transparency. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) within the provided data, a comprehensive assessment of spending efficiency and program focus is limited. The lack of reported officer compensation is a notable point for further inquiry regarding executive remuneration practices.