Brach Family Foundation Inc
Brach Family Foundation maintains strong asset base despite recent minor deficit, consistently reporting 0% officer compensation.
EIN: 113067698 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $22 |
| Net Assets | $20.1M |
| Transparency Score | 85/100 |
Is Brach Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brach Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brach Family Foundation Inc
Brach Family Foundation Inc (EIN: 113067698) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $3.2M and total assets of $22.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brach Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brach Family Foundation Inc is a mid-size nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-243,833 |
| Total Assets | $22.7M |
| Total Liabilities | $2.6M |
| Net Assets | $20.1M |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 116.1 months |
Financial Health Grade: B
In 2023, Brach Family Foundation Inc reported a deficit of $244K with expenses exceeding revenue, holds 116.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Brach Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.3% | +30.0% | +2.5% |
| 2022 | +45.0% | +0.0% | +15.4% |
| 2021 | +8.2% | +24.7% | -5.5% |
| 2020 | -5.9% | -7.7% | -6.7% |
| 2019 | +5.5% | +5.5% | +31.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Brach Family Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Brach Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $244K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.3%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization with assets exceeding $22 million and annual revenues in the millions. This suggests a volunteer-led leadership or that compensation is categorized differently, warranting further investigation for full transparency.
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 Brach Family Foundation Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Consistent 0% officer compensation for an organization of this size, which may obscure how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Brach Family Foundation Inc:
- Strong and growing asset base, reaching over $22 million.
- Consistent history of revenues generally exceeding expenses, indicating sound financial management.
- Zero reported officer compensation, suggesting a high dedication of funds to mission or volunteer leadership.
- Long operational history with consistent filing of IRS 990s, indicating transparency.
Frequently Asked Questions about Brach Family Foundation Inc
Is Brach Family Foundation Inc a legitimate charity?
Brach Family Foundation Inc (EIN: 113067698) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.2M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Brach Family Foundation Inc spend its money?
Brach Family Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Brach Family Foundation Inc tax-deductible?
Brach Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113067698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Brach Family Foundation Inc CEO make?
Brach Family Foundation Inc's highest-compensated officer earns $22 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Brach Family Foundation Inc's spending goes to programs?
Brach Family Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Brach Family Foundation Inc located?
Brach Family Foundation Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 113067698.
How many years of IRS 990 filings does Brach Family Foundation Inc have?
Brach Family Foundation Inc has 10 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 $3.2M in total revenue.
Is Brach Family Foundation Inc. financially stable?
Yes, the foundation appears financially stable, with assets consistently over $20 million in recent years and a history of revenues generally exceeding expenses. While 2023 showed a slight deficit, it does not significantly impact its overall strong financial position.
How does the foundation manage its leadership without officer compensation?
The consistent reporting of 0% officer compensation suggests a volunteer-led board or that leadership roles are compensated through other means not classified as officer compensation, which is a notable aspect for an organization of this size.
What is the trend in the foundation's assets?
The foundation's assets have shown consistent growth over the long term, increasing from $12.6 million in 2011 to $22.2 million in 2023, indicating effective asset management and investment strategies.
Did the foundation experience a deficit in its latest fiscal period?
Yes, in the 2023 fiscal period, the foundation reported expenses of $2,347,925 against revenues of $2,104,092, resulting in a deficit for that year.
Filing History
IRS 990 filing history for Brach Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Brach Family Foundation Inc's revenue has declined by 9.7%, moving from $2.3M to $2.1M. Total assets increased by 79.6% over the same period, from $12.6M to $22.7M. Total functional expenses rose by 83.1%, from $1.3M to $2.3M. In its most recent filing year (2023), Brach Family Foundation Inc reported a deficit of $244K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $22.7M in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $20.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.3M | $22.7M | $2.6M | — | — |
| 2022 | $3.3M | $1.8M | $22.2M | $1.8M | — | View 990 |
| 2021 | $2.2M | $1.8M | $19.2M | $257K | — | View 990 |
| 2020 | $2.1M | $1.4M | $20.3M | $1.8M | — | View 990 |
| 2019 | $2.2M | $1.6M | $21.8M | $3.9M | — | View 990 |
| 2015 | $2.1M | $1.5M | $16.6M | $634K | — | View 990 |
| 2014 | $2.7M | $1.2M | $15.8M | $485K | — | View 990 |
| 2013 | $2.5M | $1.6M | $14.3M | $454K | — | View 990 |
| 2012 | $2.2M | $1.8M | $13.0M | $13K | — | View 990 |
| 2011 | $2.3M | $1.3M | $12.6M | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.3M, and assets of $22.7M (revenue -35.3% year-over-year).
- 2022: Revenue of $3.3M, expenses of $1.8M, and assets of $22.2M (revenue +45.0% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.8M, and assets of $19.2M (revenue +8.2% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.4M, and assets of $20.3M (revenue -5.9% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.6M, and assets of $21.8M (revenue +5.5% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.5M, and assets of $16.6M (revenue -21.8% year-over-year).
- 2014: Revenue of $2.7M, expenses of $1.2M, and assets of $15.8M (revenue +8.5% year-over-year).
- 2013: Revenue of $2.5M, expenses of $1.6M, and assets of $14.3M (revenue +10.9% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.8M, and assets of $13.0M (revenue -4.9% year-over-year).
- 2011: Revenue of $2.3M, expenses of $1.3M, and assets of $12.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brach Family Foundation Inc:
Data Sources and Methodology
This transparency report for Brach Family Foundation 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.