Verdict: Brazos Education Funding Corporation Inc has notable concerns
10/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, indicating potential organizational failure or dormancy.
Unknown NTEE code hinders clear understanding of mission and programmatic focus.
Historically, liabilities often exceeded assets, raising concerns about long-term financial stability.
Strengths
Historically managed significant assets, reaching over $165 million in 2012.
Reported 0% officer compensation across all filings, suggesting a potentially volunteer-driven leadership or efficient use of funds in that area.
Spending Breakdown
How Brazos Education Funding Corporation Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Brazos Education Funding Corporation Inc
Is Brazos Education Funding Corporation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brazos Education Funding Corporation Inc (EIN: 203870176) has notable concerns. Mission Score: 10/100. 3 red flags identified, 2 strengths noted.
Is Brazos Education Funding Corporation Inc a good charity to donate to?
Brazos Education Funding Corporation Inc has a Mission Score of 10/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Brazos Education Funding Corporation Inc?
The Employer Identification Number (EIN) for Brazos Education Funding Corporation Inc is 203870176. 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 Brazos Education Funding Corporation Inc spend its money?
Brazos Education Funding Corporation Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Brazos Education Funding Corporation Inc's tax-exempt status?
You can verify Brazos Education Funding Corporation Inc's tax-exempt status using EIN 203870176 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
Brazos Education Funding Corporation Inc's financial health appears to be in a state of significant decline, as evidenced by its latest filing showing $0 in both revenue and assets. This is a stark contrast to previous years, where the organization managed substantial assets (e.g., $100.8 million in 2017) and generated millions in revenue. The consistent reporting of 0% officer compensation across all available filings suggests either a fully volunteer-run leadership or that compensation is structured in a way not captured under 'officer compensation' on the 990, which could impact transparency. The organization's NTEE code is unknown, which can sometimes hinder a clear understanding of its specific programmatic focus and impact.
Historically, the organization has managed significant liabilities, often exceeding its assets in earlier periods (e.g., $172.6 million liabilities vs. $165.5 million assets in 2012). While revenue generally outpaced expenses in most years where data is available (e.g., $5.4 million revenue vs. $3.3 million expenses in 2017), the current $0 financial status raises serious questions about its operational continuity and future viability. Without a breakdown of expenses into program, administrative, and fundraising categories, it's difficult to assess spending efficiency accurately, but the complete cessation of financial activity is the most pressing concern.