Bert Broday Jr Trust Fbo The American Heart Association
Bert Broday Jr Trust consistently expends around $1 million annually with no officer compensation, supporting the American Heart Association.
EIN: 207318362 · Saint Louis, MO · NTEE: G114 · Updated: 2026-03-28
Is Bert Broday Jr Trust Fbo The American Heart Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bert Broday Jr Trust Fbo The American Heart Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bert Broday Jr Trust Fbo The American Heart Association
Bert Broday Jr Trust Fbo The American Heart Association (EIN: 207318362) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code G114. The organization reported total revenue of $5.5M and total assets of $12.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bert Broday Jr Trust Fbo The American Heart Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bert Broday Jr Trust Fbo The American Heart Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Bert Broday Jr Trust Fbo The American Heart Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is highly favorable for donor confidence and suggests a volunteer-led or externally managed structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bert Broday Jr Trust Fbo The American Heart Association's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Bert Broday Jr Trust Fbo The American Heart Association:
- Consistent reporting of 0% officer compensation, indicating no executive salaries.
- Very low liabilities, consistently reported as $1 in recent years, suggesting strong financial stability.
- Substantial and stable asset base, consistently around $12-13 million, providing long-term support capacity.
- Clear mission as a supporting organization for a well-known charity (American Heart Association).
Frequently Asked Questions about Bert Broday Jr Trust Fbo The American Heart Association
Is Bert Broday Jr Trust Fbo The American Heart Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Bert Broday Jr Trust Fbo The American Heart Association (EIN: 207318362) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Bert Broday Jr Trust Fbo The American Heart Association spend its money?
Bert Broday Jr Trust Fbo The American Heart Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bert Broday Jr Trust Fbo The American Heart Association tax-deductible?
Bert Broday Jr Trust Fbo The American Heart Association is registered as a tax-exempt nonprofit (EIN: 207318362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary source of the trust's revenue fluctuations?
The provided data does not specify the exact sources of revenue, but the significant swings (e.g., $227,130 in 2022 to $1,002,126 in 2023) suggest reliance on investment returns, specific grants, or periodic large contributions rather than consistent operational income.
How does the trust ensure its funds are effectively used by the American Heart Association?
As a 'FBO' (for the benefit of) trust, its primary purpose is to disburse funds to the American Heart Association. The effectiveness of these funds would largely depend on the oversight mechanisms in place between the trust and the beneficiary, which are not detailed in the 990 data.
Why are liabilities consistently reported as $1 in recent years?
A consistent $1 liability often indicates a nominal placeholder or a minor, recurring administrative fee rather than significant financial obligations. It suggests the organization operates with virtually no debt.
Filing History
IRS 990 filing history for Bert Broday Jr Trust Fbo The American Heart Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Bert Broday Jr Trust Fbo The American Heart Association's revenue has declined by 77.7%, moving from $4.5M to $1.0M. Total assets decreased by 20.4% over the same period, from $15.0M to $12.0M. Total functional expenses rose by 7.9%, from $982K to $1.1M. In its most recent filing year (2023), Bert Broday Jr Trust Fbo The American Heart Association reported a deficit of $58K, with expenses exceeding revenue. The organization holds $1 in liabilities against $12.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $12.0M | $1 | — | View 990 |
| 2022 | $227K | $1.1M | $12.1M | $1 | — | View 990 |
| 2021 | $1.2M | $1.0M | $13.0M | $1 | — | View 990 |
| 2020 | $847K | $977K | $12.7M | $1 | — | View 990 |
| 2019 | $682K | $983K | $9.8M | $0 | — | View 990 |
| 2018 | $891K | $995K | $13.2M | $0 | — | View 990 |
| 2017 | $830K | $975K | $13.3M | $0 | — | View 990 |
| 2016 | $579K | $992K | $13.5M | $0 | — | View 990 |
| 2015 | $631K | $1.0M | $13.9M | $0 | — | View 990 |
| 2014 | $1.1M | $1.0M | $14.3M | $0 | — | View 990 |
| 2013 | $872K | $991K | $14.2M | $0 | — | View 990 |
| 2012 | $545K | $988K | $14.3M | $0 | — | View 990 |
| 2011 | $775K | $1.0M | $14.8M | $0 | — | View 990 |
| 2010 | $4.5M | $982K | $15.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $12.0M (revenue +341.2% year-over-year).
- 2022: Revenue of $227K, expenses of $1.1M, and assets of $12.1M (revenue -81.8% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.0M, and assets of $13.0M (revenue +47.0% year-over-year).
- 2020: Revenue of $847K, expenses of $977K, and assets of $12.7M (revenue +24.2% year-over-year).
- 2019: Revenue of $682K, expenses of $983K, and assets of $9.8M (revenue -23.4% year-over-year).
- 2018: Revenue of $891K, expenses of $995K, and assets of $13.2M (revenue +7.3% year-over-year).
- 2017: Revenue of $830K, expenses of $975K, and assets of $13.3M (revenue +43.3% year-over-year).
- 2016: Revenue of $579K, expenses of $992K, and assets of $13.5M (revenue -8.2% year-over-year).
- 2015: Revenue of $631K, expenses of $1.0M, and assets of $13.9M (revenue -41.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $14.3M (revenue +23.5% year-over-year).
- 2013: Revenue of $872K, expenses of $991K, and assets of $14.2M (revenue +60.0% year-over-year).
- 2012: Revenue of $545K, expenses of $988K, and assets of $14.3M (revenue -29.7% year-over-year).
- 2011: Revenue of $775K, expenses of $1.0M, and assets of $14.8M (revenue -82.8% year-over-year).
- 2010: Revenue of $4.5M, expenses of $982K, and assets of $15.0M.
Data Sources and Methodology
This transparency report for Bert Broday Jr Trust Fbo The American Heart Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.