Bonnie Brae
Bonnie Brae: Strong Programs, High Reserves, and Consistent Growth
EIN: 221500479 · Basking Ridge, NJ · NTEE: P730 · Updated: 2026-04-04
Is Bonnie Brae Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bonnie Brae directs 86% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bonnie Brae
Bonnie Brae (EIN: 221500479) is a nonprofit organization based in Basking Ridge, NJ, classified under NTEE code P730. The organization reported total revenue of $51.3M and total assets of $72.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bonnie Brae'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 Bonnie Brae 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: 8%
- programs: 86%
- fundraising: 6%
According to IRS 990 filings, Bonnie Brae allocates its expenses as follows: admin: 8%, programs: 86%, fundraising: 6%. With 86% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and complexity, with no red flags identified in the available filings.
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.
Strengths
The following positive indicators were identified for Bonnie Brae:
- Consistently high program spending, averaging 86% of total expenses over the last five years.
- Healthy and growing asset base, increasing from $45,589,225 in 2019 to $62,390,866 in 2023.
- Strong revenue growth, with total revenue increasing from $25,720,584 in 2019 to $33,055,377 in 2023.
- Maintains a substantial liquidity buffer, with liabilities consistently low relative to assets.
Frequently Asked Questions about Bonnie Brae
Is Bonnie Brae a legitimate charity?
Based on AI analysis of IRS 990 filings, Bonnie Brae (EIN: 221500479) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Bonnie Brae spend its money?
Bonnie Brae directs 86% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bonnie Brae tax-deductible?
Bonnie Brae is registered as a tax-exempt nonprofit (EIN: 221500479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Bonnie Brae do?
Bonnie Brae is a nonprofit organization in the Human Services sector, located in Basking Ridge, New Jersey. It is classified under NTEE code P730.
How much revenue does Bonnie Brae have?
Bonnie Brae reported total revenue of $51,277,194. Based on 13 IRS 990 filings on record.
What are Bonnie Brae's total assets?
Bonnie Brae holds total assets of $72,347,839 as reported in IRS 990 filings.
Where is Bonnie Brae located?
Bonnie Brae is based in Basking Ridge, New Jersey.
What is Bonnie Brae's EIN?
Bonnie Brae's Employer Identification Number (EIN) is 221500479. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bonnie Brae?
Bonnie Brae is classified under NTEE code P730 (Human Services).
Is Bonnie Brae a registered 501(c)(3)?
Yes, Bonnie Brae is recognized as a tax-exempt organization by the IRS. EIN: 221500479.
Does Bonnie Brae file IRS Form 990?
Yes, Bonnie Brae has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Bonnie Brae's revenue in 2023?
In the 202306 filing period, Bonnie Brae reported total revenue of $33,055,377, total expenses of $28,596,337, and net assets of $62,390,866.
Is Bonnie Brae's revenue growing or declining?
Bonnie Brae's revenue is relatively stable. Revenue went from $32,130,977 (202206) to $33,055,377 (202306), a +2.9% change. Based on 13 filings on record.
What is Bonnie Brae's most recent 990 filing?
The most recent IRS Form 990 filing for Bonnie Brae covers tax period 202306. It shows revenue of $33,055,377, expenses of $28,596,337, total assets of $62,390,866, and liabilities of $3,562,413.
How much does Bonnie Brae spend on programs vs administration?
Based on IRS 990 analysis, Bonnie Brae allocates approximately 86% of expenses to program services, 8% to administrative costs, and 6% to fundraising. This indicates strong program focus.
Is Bonnie Brae a trustworthy charity?
Based on AI analysis of IRS 990 data, Bonnie Brae appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Bonnie Brae's strengths?
Positive indicators for Bonnie Brae include: Consistently high program spending, averaging 86% of total expenses over the last five years.. Healthy and growing asset base, increasing from $45,589,225 in 2019 to $62,390,866 in 2023.. Strong revenue growth, with total revenue increasing from $25,720,584 in 2019 to $33,055,377 in 2023.. Maintains a substantial liquidity buffer, with liabilities consistently low relative to assets.. These findings are derived from AI analysis of the organization's financial filings.
How does Bonnie Brae compensate executives?
Executive compensation appears reasonable given the organization's size and complexity, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Bonnie Brae manage to maintain such a high percentage of program spending while also significantly growing its asset base?
Bonnie Brae appears to effectively manage its operational costs and fundraising efforts, allowing a large portion of its revenue to be directed towards programs. The consistent growth in assets suggests strategic financial planning and potentially successful investment strategies or capital campaigns that do not detract from program funding.
Filing History
IRS 990 filing history for Bonnie Brae showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bonnie Brae's revenue has grown by 64.7%, moving from $20.1M to $33.1M. Total assets increased by 85% over the same period, from $33.7M to $62.4M. Total functional expenses rose by 54.4%, from $18.5M to $28.6M. In its most recent filing year (2023), Bonnie Brae reported a surplus of $4.5M, with revenue exceeding expenses. The organization holds $3.6M in liabilities against $62.4M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $58.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $33.1M | $28.6M | $62.4M | $3.6M | — | — |
| 2022 | $32.1M | $25.0M | $54.3M | $3.5M | — | View 990 |
| 2021 | $31.7M | $24.7M | $54.8M | $4.6M | — | View 990 |
| 2020 | $24.4M | $24.6M | $47.9M | $8.2M | — | View 990 |
| 2019 | $25.7M | $24.0M | $45.6M | $5.9M | — | View 990 |
| 2018 | $26.2M | $23.7M | $44.2M | $6.5M | — | View 990 |
| 2017 | $23.0M | $23.0M | $39.4M | $4.2M | — | View 990 |
| 2016 | $22.5M | $21.4M | $38.4M | $4.7M | — | View 990 |
| 2015 | $24.9M | $20.6M | $39.0M | $6.0M | — | View 990 |
| 2014 | $21.0M | $19.5M | $38.4M | $7.0M | — | View 990 |
| 2013 | $21.3M | $18.9M | $36.3M | $7.5M | — | View 990 |
| 2012 | $19.6M | $18.9M | $34.2M | $8.4M | — | View 990 |
| 2011 | $20.1M | $18.5M | $33.7M | $8.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33.1M, expenses of $28.6M, and assets of $62.4M (revenue +2.9% year-over-year).
- 2022: Revenue of $32.1M, expenses of $25.0M, and assets of $54.3M (revenue +1.3% year-over-year).
- 2021: Revenue of $31.7M, expenses of $24.7M, and assets of $54.8M (revenue +30.2% year-over-year).
- 2020: Revenue of $24.4M, expenses of $24.6M, and assets of $47.9M (revenue -5.3% year-over-year).
- 2019: Revenue of $25.7M, expenses of $24.0M, and assets of $45.6M (revenue -1.7% year-over-year).
- 2018: Revenue of $26.2M, expenses of $23.7M, and assets of $44.2M (revenue +13.6% year-over-year).
- 2017: Revenue of $23.0M, expenses of $23.0M, and assets of $39.4M (revenue +2.4% year-over-year).
- 2016: Revenue of $22.5M, expenses of $21.4M, and assets of $38.4M (revenue -9.6% year-over-year).
- 2015: Revenue of $24.9M, expenses of $20.6M, and assets of $39.0M (revenue +18.4% year-over-year).
- 2014: Revenue of $21.0M, expenses of $19.5M, and assets of $38.4M (revenue -1.5% year-over-year).
- 2013: Revenue of $21.3M, expenses of $18.9M, and assets of $36.3M (revenue +8.9% year-over-year).
- 2012: Revenue of $19.6M, expenses of $18.9M, and assets of $34.2M (revenue -2.4% year-over-year).
- 2011: Revenue of $20.1M, expenses of $18.5M, and assets of $33.7M.
Data Sources and Methodology
This transparency report for Bonnie Brae 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.