Is Brunswick Senior Resources Inc Legit?

Quick charity verification for Brunswick Senior Resources Inc (EIN: 10656674)

Verdict: Brunswick Senior Resources Inc appears trustworthy

85/100Mission Score
$6.8MRevenue
$5.0MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Brunswick Senior Resources Inc (BSRI) demonstrates consistent growth in revenue and assets over the past decade, indicating a stable and expanding operation. For instance, revenue grew from $2,601,985 in 2014 to $5,480,232 in 2023, and assets increased from $1,332,247 to $3,478,959 in the same period. The organization generally operates with expenses closely aligned with revenue, as seen in 2023 where expenses were $5,585,892 against revenues of $5,480,232, suggesting a commitment to utilizing funds for current operations rather than accumulating large surpluses. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent growth and relatively stable financial position suggest a well-managed organization. A notable aspect is the reported 0% officer compensation across all filings, which, if accurate, indicates a high level of volunteer leadership or that compensation is categorized differently, warranting further investigation for full transparency. The organization's NTEE code P81 (Senior Centers) aligns with its mission, and its financial trajectory supports its capacity to serve its target demographic. Overall, BSRI appears to be a financially sound organization with a history of growth and a focus on its mission, as evidenced by its consistent spending relative to revenue. The absence of reported officer compensation is a significant point for potential donors to consider when evaluating the organization's operational model and transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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