Quick charity verification for Brumberger Foundation Inc (EIN: 116035604)
Verdict: Brumberger Foundation Inc shows mixed signals
45/100Mission Score
$88KRevenue
$1.2MAssets
5Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses frequently exceeding revenue (e.g., $48,237 expenses vs. $25,039 revenue in 202302).
Declining asset base over recent years, from $824,823 in 202102 to $610,812 in 202302, indicating reliance on capital to cover shortfalls.
Negative revenue reported in some periods (e.g., $-5,839 in 202202 and $-2,776 in 201102), which is unusual for a healthy nonprofit.
Lack of NTEE code, making it difficult to understand the organization's specific mission and compare its financial performance to peers.
Absence of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
Consistently low liabilities ($0 or $1 across all filings), indicating strong debt management.
Zero officer compensation reported, suggesting a volunteer-led model that can reduce overhead costs.
Maintains a significant asset base ($1,213,016 latest assets), providing a buffer despite operational deficits.
Spending Breakdown
How Brumberger 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 Brumberger Foundation Inc
Is Brumberger Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brumberger Foundation Inc (EIN: 116035604) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 3 strengths noted.
Is Brumberger Foundation Inc a good charity to donate to?
Brumberger Foundation Inc has a Mission Score of 45/100. Revenue: $88K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Brumberger Foundation Inc?
The Employer Identification Number (EIN) for Brumberger Foundation Inc is 116035604. 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 Brumberger Foundation Inc spend its money?
Brumberger Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Brumberger Foundation Inc's tax-exempt status?
You can verify Brumberger Foundation Inc's tax-exempt status using EIN 116035604 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 Brumberger Foundation Inc. exhibits a concerning financial trend, consistently spending more than it generates in revenue over multiple years. For instance, in the 202302 period, the organization reported $25,039 in revenue against $48,237 in expenses, indicating a deficit. This pattern is not isolated, with similar deficits observed in 202202 ($-5,839 revenue vs. $19,124 expenses) and 202102 ($30,656 revenue vs. $41,485 expenses). While the organization maintains substantial assets, currently at $1,213,016, these assets appear to be diminishing over time, as evidenced by the decrease from $824,823 in 202102 to $610,812 in 202302, suggesting reliance on existing capital to cover operational shortfalls rather than sustainable revenue generation.
The foundation's financial health is further complicated by its low and often negative revenue figures, which raise questions about its long-term viability and funding model. The consistent reporting of zero officer compensation across all available filings suggests a volunteer-led or minimally compensated leadership structure, which can be a positive for efficiency if program spending is high. However, without a breakdown of expenses into program, administrative, and fundraising categories, it's difficult to assess spending efficiency accurately. The lack of an NTEE code also hinders a clear understanding of its specific mission and impact area, making it challenging to benchmark its financial performance against similar organizations. The organization's liabilities have consistently been very low ($0 or $1), which is a positive indicator of financial stability in terms of debt management.