Bradford S Mead And Katherine L Mead Charitable Foundation
Bradford S Mead And Katherine L Mead Charitable Foundation consistently spends down assets with no officer compensation.
EIN: 206436522 · Jackson, WY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $207K |
| Total Expenses | $76K |
| Program Spending | 90% |
| Net Assets | $553K |
| Transparency Score | 85/100 |
Is Bradford S Mead And Katherine L Mead Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bradford S Mead And Katherine L Mead Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bradford S Mead And Katherine L Mead Charitable Foundation
Bradford S Mead And Katherine L Mead Charitable Foundation (EIN: 206436522) is a nonprofit organization based in Jackson, WY, classified under NTEE code T20. The organization reported total revenue of $207K and total assets of $534K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bradford S Mead And Katherine L Mead Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bradford S Mead And Katherine L Mead Charitable Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -19.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $76K |
| Surplus / Deficit | $-34,452 |
| Total Assets | $553K |
| Total Liabilities | $1 |
| Net Assets | $553K |
| Operating Margin | -82.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 86.7 months |
Financial Health Grade: B
In 2023, Bradford S Mead And Katherine L Mead Charitable Foundation reported a deficit of $34K with expenses exceeding revenue, holds 86.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bradford S Mead And Katherine L Mead Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -102.9% | +20.7% | -11.8% |
| 2021 | +150.3% | +0.2% | -16.5% |
| 2020 | -36.4% | +3.4% | -1.5% |
| 2019 | +843.3% | -13.0% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Bradford S Mead And Katherine L Mead Charitable Foundation 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, Bradford S Mead And Katherine L Mead Charitable Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly favorable for minimizing administrative overhead.
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 Bradford S Mead And Katherine L Mead Charitable Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade, indicating a spend-down model without significant replenishment.
- Highly volatile revenue, including negative revenue in 2022, which could impact future grantmaking capacity if not offset by asset drawdowns.
Strengths
The following positive indicators were identified for Bradford S Mead And Katherine L Mead Charitable Foundation:
- Zero officer compensation reported across all filings, indicating very low administrative costs related to executive salaries.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Minimal liabilities ($1 reported consistently), suggesting sound financial management regarding debt.
- Consistent annual expenses (typically $60k-$70k), indicating predictable distribution of funds.
Frequently Asked Questions about Bradford S Mead And Katherine L Mead Charitable Foundation
Is Bradford S Mead And Katherine L Mead Charitable Foundation a legitimate charity?
Bradford S Mead And Katherine L Mead Charitable Foundation (EIN: 206436522) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $207K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Bradford S Mead And Katherine L Mead Charitable Foundation spend its money?
Bradford S Mead And Katherine L Mead Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Bradford S Mead And Katherine L Mead Charitable Foundation tax-deductible?
Bradford S Mead And Katherine L Mead Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 206436522). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bradford S Mead And Katherine L Mead Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bradford S Mead And Katherine L Mead Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bradford S Mead And Katherine L Mead Charitable Foundation located?
Bradford S Mead And Katherine L Mead Charitable Foundation is headquartered in Jackson, Wyoming and files with the IRS under EIN 206436522. It is classified under NTEE code T20.
How many years of IRS 990 filings does Bradford S Mead And Katherine L Mead Charitable Foundation have?
Bradford S Mead And Katherine L Mead Charitable Foundation 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 $207K in total revenue.
Is the Bradford S Mead And Katherine L Mead Charitable Foundation financially sustainable long-term?
Based on the consistent decline in assets from over $1 million in 2011 to $552,801 in 2023, the foundation appears to be spending down its principal. Without significant new revenue streams, its long-term sustainability as an ongoing entity is questionable, suggesting it may be operating with a limited lifespan.
What is the primary purpose of the foundation's expenses?
Given its nature as a charitable foundation and the NTEE code T20 (Foundations, Philanthropy, Voluntarism), the primary purpose of its expenses would be grantmaking to other charitable organizations or individuals. The provided data does not break down expenses further.
Why is the revenue so volatile, including negative revenue in 2022?
Revenue volatility, including negative revenue ($-1,881 in 2022), is common for foundations that rely on investment returns, which can fluctuate significantly. Negative revenue typically indicates investment losses exceeding any other income for the period.
Filing History
IRS 990 filing history for Bradford S Mead And Katherine L Mead Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bradford S Mead And Katherine L Mead Charitable Foundation's revenue has declined by 92.4%, moving from $552K to $42K. Total assets decreased by 46.4% over the same period, from $1.0M to $553K. Total functional expenses rose by 104.1%, from $37K to $76K. In its most recent filing year (2023), Bradford S Mead And Katherine L Mead Charitable Foundation reported a deficit of $34K, with expenses exceeding revenue. The organization holds $1 in liabilities against $553K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $553K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $76K | $553K | $1 | — | — |
| 2022 | $-1,881 | $78K | $592K | $1 | — | View 990 |
| 2021 | $66K | $65K | $671K | $1 | — | — |
| 2020 | $26K | $65K | $804K | $1 | — | — |
| 2019 | $41K | $62K | $816K | $1 | — | View 990 |
| 2015 | $4K | $72K | $843K | $1 | — | View 990 |
| 2014 | $64K | $72K | $926K | $1 | — | View 990 |
| 2013 | $4K | $53K | $963K | $1 | — | View 990 |
| 2012 | $2K | $62K | $972K | $1 | — | View 990 |
| 2011 | $552K | $37K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $76K, and assets of $553K.
- 2022: Revenue of $-1,881, expenses of $78K, and assets of $592K (revenue -102.9% year-over-year).
- 2021: Revenue of $66K, expenses of $65K, and assets of $671K (revenue +150.3% year-over-year).
- 2020: Revenue of $26K, expenses of $65K, and assets of $804K (revenue -36.4% year-over-year).
- 2019: Revenue of $41K, expenses of $62K, and assets of $816K (revenue +843.3% year-over-year).
- 2015: Revenue of $4K, expenses of $72K, and assets of $843K (revenue -93.1% year-over-year).
- 2014: Revenue of $64K, expenses of $72K, and assets of $926K (revenue +1344.6% year-over-year).
- 2013: Revenue of $4K, expenses of $53K, and assets of $963K (revenue +87.6% year-over-year).
- 2012: Revenue of $2K, expenses of $62K, and assets of $972K (revenue -99.6% year-over-year).
- 2011: Revenue of $552K, expenses of $37K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bradford S Mead And Katherine L Mead Charitable Foundation:
Data Sources and Methodology
This transparency report for Bradford S Mead And Katherine L Mead Charitable Foundation 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.