Quick charity verification for Bryant Foundation Inc (EIN: 201593639)
Verdict: Bryant Foundation Inc appears trustworthy
85/100Mission Score
$90KRevenue
$614KAssets
1Red Flags
3Strengths
Red Flags
Expenses exceeded revenue in recent periods (e.g., 2023 and 2022), potentially indicating reliance on reserves or investment income to cover operations.
Strengths
Consistent 0% officer compensation, indicating very low executive overhead.
Stable asset base (around $600,000) over a decade, suggesting good financial stewardship.
Low liabilities across all reporting periods, demonstrating responsible debt management.
Spending Breakdown
How Bryant Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Bryant Foundation Inc
Is Bryant Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bryant Foundation Inc (EIN: 201593639) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Bryant Foundation Inc a good charity to donate to?
Bryant Foundation Inc has a Mission Score of 85/100. Revenue: $90K. Assets: $614K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bryant Foundation Inc?
The Employer Identification Number (EIN) for Bryant Foundation Inc is 201593639. 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 Bryant Foundation Inc spend its money?
Bryant Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bryant Foundation Inc's tax-exempt status?
You can verify Bryant Foundation Inc's tax-exempt status using EIN 201593639 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 Bryant Foundation Inc. demonstrates consistent financial activity over the past decade, with revenues fluctuating but generally maintaining a stable asset base around $600,000. The organization's latest reported revenue is $90,244, with total assets at $614,415. A notable aspect of its financial management is the consistent reporting of 0% officer compensation across all available filings, indicating a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence regarding administrative overhead.
However, the foundation has experienced periods where expenses exceeded revenue, such as in 2023 ($40,295 expenses vs. $27,961 revenue) and 2022 ($43,749 expenses vs. $35,497 revenue), suggesting reliance on prior year surpluses or investment income to cover operational costs. While this isn't inherently negative for an endowed foundation, sustained deficits could impact long-term financial stability. The relatively low liabilities across all periods, such as $10,222 in 2023, indicate responsible debt management.
Given the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the organization's primary function is likely grantmaking. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely assess spending efficiency in terms of program delivery versus administrative costs. However, the absence of officer compensation suggests a strong commitment to minimizing overhead at the leadership level, which is a key indicator of transparency and efficiency.