Brac Usa Inc
Brac USA Inc. experiences significant revenue and expense fluctuations, with recent years showing expenses exceeding revenue.
EIN: 208456741 · New York, NY · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $35.2M |
| Total Expenses | $17.5M |
| Program Spending | 80% |
| Net Assets | $14.8M |
| Transparency Score | 70/100 |
Is Brac Usa Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brac Usa Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brac Usa Inc
Brac Usa Inc (EIN: 208456741) is a nonprofit organization based in New York, NY, classified under NTEE code Q30. The organization reported total revenue of $35.2M and total assets of $52.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brac Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brac Usa Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.4M |
| Total Expenses | $17.5M |
| Surplus / Deficit | $-2,098,351 |
| Total Assets | $51.4M |
| Total Liabilities | $36.6M |
| Net Assets | $14.8M |
| Operating Margin | -13.6% |
| Debt-to-Asset Ratio | 71.2% |
| Months of Reserves | 35.2 months |
Financial Health Grade: C
In 2023, Brac Usa Inc reported a deficit of $2.1M with expenses exceeding revenue, holds 35.2 months of operating reserves (strong position), has a debt-to-asset ratio of 71.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brac Usa Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.4% | -64.9% | -12.3% |
| 2022 | +75.5% | -26.1% | +50.0% |
| 2021 | -64.5% | +207.7% | -48.6% |
| 2020 | +320.9% | +47.4% | +206.4% |
| 2019 | -37.0% | -45.2% | -16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brac Usa Inc with a Mission Score of 70 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Brac Usa Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either that no officers are compensated directly by Brac USA Inc. or that their compensation is handled through a different mechanism, which is highly transparent but warrants further clarification.
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 Brac Usa Inc's IRS 990 filings:
- Consistent expenses exceeding revenue in recent years (2021, 2022, 2023)
- Significant volatility in annual revenue and expenses
- Substantial decrease in assets from $76,047,517 in 2020 to $51,390,411 in 2023
Strengths
The following positive indicators were identified for Brac Usa Inc:
- Consistent reporting of 0% officer compensation, indicating transparency in this area
- Maintained a substantial asset base, even with fluctuations (e.g., $51,390,411 in 2023)
- Long filing history (13 filings) suggests established operations
Frequently Asked Questions about Brac Usa Inc
Is Brac Usa Inc a legitimate charity?
Brac Usa Inc (EIN: 208456741) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $35.2M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Brac Usa Inc spend its money?
Brac Usa Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Brac Usa Inc tax-deductible?
Brac Usa Inc is registered as a tax-exempt nonprofit (EIN: 208456741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brac Usa Inc's spending goes to programs?
Brac Usa Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brac Usa Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Brac Usa Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brac Usa Inc located?
Brac Usa Inc is headquartered in New York, New York and files with the IRS under EIN 208456741. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Brac Usa Inc have?
Brac Usa Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $35.2M in total revenue.
Why have expenses exceeded revenue in recent years (2021, 2022, 2023)?
The filings show expenses of $67,480,214 in 2021 against revenue of $26,089,482, $49,842,187 in 2022 against $45,795,029, and $17,500,970 in 2023 against $15,402,619. This consistent trend suggests potential operational deficits or significant strategic investments.
What caused the substantial revenue drop from $73,517,534 in 2020 to $15,402,619 in 2023?
Revenue has shown extreme volatility, peaking in 2020 and then declining sharply. Understanding the reasons behind these fluctuations, such as changes in funding sources or grant cycles, is crucial for assessing financial stability.
How does Brac USA Inc. manage its liabilities, which have fluctuated significantly?
Liabilities have ranged from $13,411,826 in 2020 to $42,340,218 in 2022. The management of these liabilities, especially in periods of declining assets, is important for financial health.
Filing History
IRS 990 filing history for Brac Usa Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brac Usa Inc's revenue has grown by 82.7%, moving from $8.4M to $15.4M. Total assets increased by 288.2% over the same period, from $13.2M to $51.4M. Total functional expenses rose by 143.5%, from $7.2M to $17.5M. In its most recent filing year (2023), Brac Usa Inc reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $36.6M in liabilities against $51.4M in assets (debt-to-asset ratio: 71.2%), resulting in net assets of $14.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.4M | $17.5M | $51.4M | $36.6M | — | — |
| 2022 | $45.8M | $49.8M | $58.6M | $42.3M | — | — |
| 2021 | $26.1M | $67.5M | $39.1M | $17.8M | — | — |
| 2020 | $73.5M | $21.9M | $76.0M | $13.4M | — | — |
| 2019 | $17.5M | $14.9M | $24.8M | $13.8M | — | View 990 |
| 2018 | $27.7M | $27.2M | $29.6M | $21.1M | — | View 990 |
| 2017 | $9.1M | $8.4M | $21.3M | $13.1M | — | View 990 |
| 2016 | $17.0M | $19.5M | $24.0M | $16.4M | — | View 990 |
| 2015 | $16.1M | $16.9M | $22.5M | $12.3M | — | View 990 |
| 2014 | $12.9M | $13.0M | $21.5M | $10.6M | — | View 990 |
| 2013 | $14.1M | $11.9M | $23.7M | $12.7M | — | View 990 |
| 2012 | $24.7M | $20.7M | $20.2M | $11.4M | — | View 990 |
| 2011 | $8.4M | $7.2M | $13.2M | $8.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.4M, expenses of $17.5M, and assets of $51.4M (revenue -66.4% year-over-year).
- 2022: Revenue of $45.8M, expenses of $49.8M, and assets of $58.6M (revenue +75.5% year-over-year).
- 2021: Revenue of $26.1M, expenses of $67.5M, and assets of $39.1M (revenue -64.5% year-over-year).
- 2020: Revenue of $73.5M, expenses of $21.9M, and assets of $76.0M (revenue +320.9% year-over-year).
- 2019: Revenue of $17.5M, expenses of $14.9M, and assets of $24.8M (revenue -37.0% year-over-year).
- 2018: Revenue of $27.7M, expenses of $27.2M, and assets of $29.6M (revenue +204.3% year-over-year).
- 2017: Revenue of $9.1M, expenses of $8.4M, and assets of $21.3M (revenue -46.2% year-over-year).
- 2016: Revenue of $17.0M, expenses of $19.5M, and assets of $24.0M (revenue +5.0% year-over-year).
- 2015: Revenue of $16.1M, expenses of $16.9M, and assets of $22.5M (revenue +24.8% year-over-year).
- 2014: Revenue of $12.9M, expenses of $13.0M, and assets of $21.5M (revenue -8.0% year-over-year).
- 2013: Revenue of $14.1M, expenses of $11.9M, and assets of $23.7M (revenue -43.1% year-over-year).
- 2012: Revenue of $24.7M, expenses of $20.7M, and assets of $20.2M (revenue +193.0% year-over-year).
- 2011: Revenue of $8.4M, expenses of $7.2M, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brac Usa Inc:
Data Sources and Methodology
This transparency report for Brac Usa Inc 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.