Brackett After School Program Inc C/O Thea Galeno
EIN: 42653698 · Arlington, MA
Is Brackett After School Program Inc C/O Thea Galeno Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brackett After School Program Inc C/O Thea Galeno
Brackett After School Program Inc C/O Thea Galeno (EIN: 42653698) is a nonprofit organization based in Arlington, MA. The organization reported total revenue of $667K and total assets of $793K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brackett After School Program Inc C/O Thea Galeno's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brackett After School Program Inc C/O Thea Galeno is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $740K |
| Total Expenses | $558K |
| Surplus / Deficit | +$182K |
| Total Assets | $499K |
| Total Liabilities | $50K |
| Net Assets | $449K |
| Operating Margin | 24.6% |
| Debt-to-Asset Ratio | 10.0% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Brackett After School Program Inc C/O Thea Galeno reported a surplus of $182K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 10.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brackett After School Program Inc C/O Thea Galeno's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.1% | +5.8% | +34.1% |
| 2022 | +357.5% | +156.2% | +56.9% |
| 2021 | -67.1% | -49.4% | -15.7% |
| 2020 | -13.6% | -14.2% | -10.7% |
| 2019 | +4.8% | +10.1% | -22.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brackett After School Program Inc C/O Thea Galeno has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brackett After School Program Inc C/O Thea Galeno with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $182K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.0%.
Frequently Asked Questions about Brackett After School Program Inc C/O Thea Galeno
Is Brackett After School Program Inc C/O Thea Galeno a legitimate charity?
Based on AI analysis of IRS 990 filings, Brackett After School Program Inc C/O Thea Galeno (EIN: 42653698) insufficient data. 0 red flags identified, 0 strengths noted.
How does Brackett After School Program Inc C/O Thea Galeno spend its money?
Detailed spending breakdown data is not yet available for Brackett After School Program Inc C/O Thea Galeno. Check back for updated IRS 990 analysis.
Are donations to Brackett After School Program Inc C/O Thea Galeno tax-deductible?
Brackett After School Program Inc C/O Thea Galeno is registered as a tax-exempt nonprofit (EIN: 42653698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Brackett After School Program Inc C/O Thea Galeno showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brackett After School Program Inc C/O Thea Galeno's revenue has grown by 99.1%, moving from $372K to $740K. Total assets increased by 325.8% over the same period, from $117K to $499K. Total functional expenses rose by 73.9%, from $321K to $558K. In its most recent filing year (2023), Brackett After School Program Inc C/O Thea Galeno reported a surplus of $182K, with revenue exceeding expenses. The organization holds $50K in liabilities against $499K in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $449K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $740K | $558K | $499K | $50K | — | View 990 |
| 2022 | $597K | $527K | $372K | $105K | — | View 990 |
| 2021 | $130K | $206K | $237K | $40K | — | View 990 |
| 2020 | $396K | $407K | $281K | $9K | — | View 990 |
| 2019 | $459K | $474K | $315K | $32K | — | View 990 |
| 2018 | $438K | $430K | $408K | $110K | — | — |
| 2017 | $395K | $375K | $381K | $91K | — | View 990 |
| 2016 | $404K | $387K | $346K | $76K | — | View 990 |
| 2015 | $396K | $361K | $305K | $52K | — | View 990 |
| 2014 | $380K | $347K | $225K | $8K | — | View 990 |
| 2013 | $392K | $347K | $191K | $7K | — | View 990 |
| 2012 | $384K | $358K | $141K | $2K | — | View 990 |
| 2011 | $372K | $321K | $117K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $740K, expenses of $558K, and assets of $499K (revenue +24.1% year-over-year).
- 2022: Revenue of $597K, expenses of $527K, and assets of $372K (revenue +357.5% year-over-year).
- 2021: Revenue of $130K, expenses of $206K, and assets of $237K (revenue -67.1% year-over-year).
- 2020: Revenue of $396K, expenses of $407K, and assets of $281K (revenue -13.6% year-over-year).
- 2019: Revenue of $459K, expenses of $474K, and assets of $315K (revenue +4.8% year-over-year).
- 2018: Revenue of $438K, expenses of $430K, and assets of $408K (revenue +10.8% year-over-year).
- 2017: Revenue of $395K, expenses of $375K, and assets of $381K (revenue -2.2% year-over-year).
- 2016: Revenue of $404K, expenses of $387K, and assets of $346K (revenue +2.0% year-over-year).
- 2015: Revenue of $396K, expenses of $361K, and assets of $305K (revenue +4.2% year-over-year).
- 2014: Revenue of $380K, expenses of $347K, and assets of $225K (revenue -3.1% year-over-year).
- 2013: Revenue of $392K, expenses of $347K, and assets of $191K (revenue +2.1% year-over-year).
- 2012: Revenue of $384K, expenses of $358K, and assets of $141K (revenue +3.4% year-over-year).
- 2011: Revenue of $372K, expenses of $321K, and assets of $117K.
Data Sources and Methodology
This transparency report for Brackett After School Program Inc C/O Thea Galeno 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.