Is Bresnan Family Foundation Inc Legit? —…

Quick charity verification for Bresnan Family Foundation Inc (EIN: 200765497)

Spending Breakdown

How Bresnan Family Foundation Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Bresnan Family Foundation Inc

Is Bresnan Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Bresnan Family Foundation Inc (EIN: 200765497) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.

Is Bresnan Family Foundation Inc a good charity to donate to?

Bresnan Family Foundation Inc has a Mission Score of 45/100. Revenue: $121K. Assets: $450K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bresnan Family Foundation Inc?

The Employer Identification Number (EIN) for Bresnan Family Foundation Inc is 200765497. 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 Bresnan Family Foundation Inc spend its money?

Bresnan Family Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Bresnan Family Foundation Inc's tax-exempt status?

You can verify Bresnan Family Foundation Inc's tax-exempt status using EIN 200765497 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 Bresnan Family Foundation Inc. exhibits a concerning trend of declining financial health over the past decade. Its assets have significantly decreased from $2,196,040 in 2011 to $449,616 currently, with a notable drop to negative revenue of $-31,031 in 2023. This consistent decline in assets, coupled with expenses frequently exceeding revenue, suggests an unsustainable operational model. For instance, in 2023, expenses were $140,946 against negative revenue, indicating a substantial draw on reserves.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent pattern of expenses far outstripping revenue, such as $197,700 in expenses against $17,558 in revenue in 2022, raises questions about the long-term viability and impact of its spending. The lack of officer compensation reported across all filings suggests that leadership may be volunteer-based, which can be a positive for efficiency, but the overall financial trajectory remains a significant concern.

In terms of transparency, the consistent filing of IRS Form 990s over a decade demonstrates a commitment to public disclosure. However, the financial data itself, particularly the sustained asset depletion and negative revenue in the most recent period, points to a need for greater clarity on how the foundation plans to address these financial challenges and ensure its continued mission fulfillment. The organization's NTEE code T20 indicates a focus on 'Philanthropy, Voluntarism, and Grantmaking Foundations', suggesting its primary activity is grantmaking, which would typically involve distributing funds rather than accumulating significant operational expenses.

Is Bresnan Family Foundation Inc Legit?

Verdict: Bresnan Family Foundation Inc shows mixed signals

Red Flags

Strengths