Bradley Reid Corporation
Bradley Reid Corporation shows consistent growth and no reported officer compensation over a decade.
EIN: 161683881 · Charlotte, NC · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $686K |
| Total Expenses | $806K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $82K |
| Transparency Score | 90/100 |
Is Bradley Reid Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bradley Reid Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bradley Reid Corporation
Bradley Reid Corporation (EIN: 161683881) is a nonprofit organization based in Charlotte, NC, classified under NTEE code P20. The organization reported total revenue of $686K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bradley Reid Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bradley Reid Corporation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 36.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $895K |
| Total Expenses | $806K |
| Surplus / Deficit | +$89K |
| Total Assets | $96K |
| Total Liabilities | $14K |
| Net Assets | $82K |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 14.3% |
| Months of Reserves | 1.4 months |
Financial Health Grade: A
In 2021, Bradley Reid Corporation reported a surplus of $89K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 14.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2021), Bradley Reid Corporation's revenue has grown at a compound annual growth rate (CAGR) of 36.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +7.9% | +3.5% | +29.7% |
| 2020 | +13.2% | +6.5% | +813.5% |
| 2019 | -0.2% | +6.2% | -89.3% |
| 2018 | +51.5% | +43.3% | +67.6% |
| 2017 | +51.2% | +54.2% | +340.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Bradley Reid Corporation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Bradley Reid Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries were paid to officers. This suggests a highly efficient use of funds, directing all available resources towards the organization's mission rather than executive salaries, which is exceptional for an organization with revenues approaching $1 million.
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 Bradley Reid Corporation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Latest revenue ($685,554) is lower than the previous period's peak ($894,550 in 2021), warranting further investigation into the cause.
Strengths
The following positive indicators were identified for Bradley Reid Corporation:
- Consistent revenue growth over a decade, from $39,572 in 2011 to $894,550 in 2021.
- 0% officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Revenues generally exceed expenses, leading to positive net assets.
- Low liabilities, demonstrating responsible financial management.
- Consistent IRS 990 filing history, indicating transparency and compliance.
Frequently Asked Questions about Bradley Reid Corporation
Is Bradley Reid Corporation a legitimate charity?
Bradley Reid Corporation (EIN: 161683881) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $686K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Bradley Reid Corporation spend its money?
Bradley Reid Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bradley Reid Corporation tax-deductible?
Bradley Reid Corporation is registered as a tax-exempt nonprofit (EIN: 161683881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bradley Reid Corporation CEO make?
Bradley Reid Corporation's highest-compensated officer earns $1 annually. The organization reported $686K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bradley Reid Corporation's spending goes to programs?
Bradley Reid Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bradley Reid Corporation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Bradley Reid Corporation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bradley Reid Corporation located?
Bradley Reid Corporation is headquartered in Charlotte, North Carolina and files with the IRS under EIN 161683881. It is classified under NTEE code P20.
How many years of IRS 990 filings does Bradley Reid Corporation have?
Bradley Reid Corporation 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 $686K in total revenue.
Is Bradley Reid Corporation financially stable?
Yes, Bradley Reid Corporation appears financially stable. Its revenues have consistently exceeded expenses in most years, leading to asset growth from $389 in 2011 to $96,065 in 2021, and liabilities have remained low.
How has Bradley Reid Corporation's revenue grown over time?
Bradley Reid Corporation has experienced significant revenue growth, increasing from $39,572 in 2011 to a peak of $894,550 in 2021, demonstrating substantial expansion over the decade.
Does Bradley Reid Corporation pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all ten periods, indicating that no salaries were paid to officers.
What is the trend in Bradley Reid Corporation's assets?
The organization's assets have generally grown over time, from $389 in 2011 to $96,065 in 2021, though the latest reported assets are $57,380, suggesting some fluctuation.
Filing History
IRS 990 filing history for Bradley Reid Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Bradley Reid Corporation's revenue has grown by 2160.6%, moving from $40K to $895K. Total assets increased by 24595.4% over the same period, from $389 to $96K. Total functional expenses rose by 1723.1%, from $44K to $806K. In its most recent filing year (2021), Bradley Reid Corporation reported a surplus of $89K, with revenue exceeding expenses. The organization holds $14K in liabilities against $96K in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $82K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $895K | $806K | $96K | $14K | — | View 990 |
| 2020 | $829K | $778K | $74K | $15K | — | — |
| 2019 | $733K | $731K | $8K | $0 | — | View 990 |
| 2018 | $734K | $688K | $76K | $0 | — | View 990 |
| 2017 | $485K | $480K | $45K | $15K | — | — |
| 2016 | $320K | $311K | $10K | $0 | — | View 990 |
| 2015 | $197K | $187K | $10K | $0 | — | View 990 |
| 2014 | $53K | $53K | $1 | $0 | — | View 990 |
| 2012 | $124K | $122K | $3K | $0 | — | View 990 |
| 2011 | $40K | $44K | $389 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $895K, expenses of $806K, and assets of $96K (revenue +7.9% year-over-year).
- 2020: Revenue of $829K, expenses of $778K, and assets of $74K (revenue +13.2% year-over-year).
- 2019: Revenue of $733K, expenses of $731K, and assets of $8K (revenue -0.2% year-over-year).
- 2018: Revenue of $734K, expenses of $688K, and assets of $76K (revenue +51.5% year-over-year).
- 2017: Revenue of $485K, expenses of $480K, and assets of $45K (revenue +51.2% year-over-year).
- 2016: Revenue of $320K, expenses of $311K, and assets of $10K (revenue +62.8% year-over-year).
- 2015: Revenue of $197K, expenses of $187K, and assets of $10K (revenue +268.6% year-over-year).
- 2014: Revenue of $53K, expenses of $53K, and assets of $1 (revenue -57.0% year-over-year).
- 2012: Revenue of $124K, expenses of $122K, and assets of $3K (revenue +213.7% year-over-year).
- 2011: Revenue of $40K, expenses of $44K, and assets of $389.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bradley Reid Corporation:
Data Sources and Methodology
This transparency report for Bradley Reid Corporation 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.