Bradshaw Family Foundation
Bradshaw Family Foundation shows volatile revenue, zero officer compensation, and substantial assets.
EIN: 203898220 · Chicago, IL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $323K |
| Program Spending | 80% |
| Net Assets | $9.2M |
| Transparency Score | 70/100 |
Is Bradshaw Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bradshaw Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bradshaw Family Foundation
Bradshaw Family Foundation (EIN: 203898220) is a nonprofit organization based in Chicago, IL, classified under NTEE code T22. The organization reported total revenue of $2.5M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bradshaw Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bradshaw Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.6% | -93.9% | -1.1% |
| 2020 | -103.6% | -77.4% | -7.8% |
| 2019 | +12015.4% | +8709.0% | +20439.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Bradshaw Family Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bradshaw Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not reflected in this metric, which is positive for donor confidence.
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 Bradshaw Family Foundation's IRS 990 filings:
- Consistent negative revenue figures in multiple years (e.g., -$18,089 in 2023, -$62,734 in 2022) are highly unusual.
- The consistent reporting of $1 in liabilities across many years is an atypical accounting practice.
- Lack of detailed expense breakdown in the provided data makes it difficult to fully assess spending efficiency beyond officer compensation.
Strengths
The following positive indicators were identified for Bradshaw Family Foundation:
- Consistently reports 0% officer compensation, indicating no direct salary costs for executives.
- Possesses substantial assets ($9,231,123 in the latest period), providing a strong financial base.
- Long filing history (10 filings) suggests established operations and compliance.
Frequently Asked Questions about Bradshaw Family Foundation
Is Bradshaw Family Foundation a legitimate charity?
Bradshaw Family Foundation (EIN: 203898220) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.5M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Bradshaw Family Foundation spend its money?
Bradshaw Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bradshaw Family Foundation tax-deductible?
Bradshaw Family Foundation is registered as a tax-exempt nonprofit (EIN: 203898220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bradshaw Family Foundation's spending goes to programs?
Bradshaw Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bradshaw Family Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Bradshaw Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bradshaw Family Foundation located?
Bradshaw Family Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 203898220. It is classified under NTEE code T22.
How many years of IRS 990 filings does Bradshaw Family Foundation have?
Bradshaw Family 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 $2.5M in total revenue.
Why does the Bradshaw Family Foundation report negative revenue in multiple years?
Negative revenue figures, such as -$18,089 in 2023 and -$62,734 in 2022, are highly unusual for public charities and typically indicate investment losses or adjustments in private foundations, which primarily derive income from their endowments rather than public donations.
What is the nature of the $1 liability consistently reported by the foundation?
The consistent reporting of $1 in liabilities across many years (e.g., 2023, 2022, 2021) is an atypical accounting practice that could signify a placeholder or a specific, minor recurring obligation, but it warrants further clarification for full financial transparency.
How does the foundation ensure its program spending is effective given its low reported expenses relative to assets?
With assets of $9,231,123 and relatively low expenses (e.g., $323,171 in 2023), the foundation's program effectiveness would depend on the impact of its grants, which are not detailed in this summary. The low expense ratio suggests a focus on asset preservation or a grant-making model with minimal operational overhead.
Filing History
IRS 990 filing history for Bradshaw Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bradshaw Family Foundation's revenue has declined by 117.9%, moving from $101K to $-18,089. Total assets increased by 3215602.5% over the same period, from $285 to $9.2M. Total functional expenses rose by 219.6%, from $101K to $323K. The organization holds $1 in liabilities against $9.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-18,089 | $323K | $9.2M | $1 | — | View 990 |
| 2022 | $-62,734 | $48K | $9.5M | $1 | — | View 990 |
| 2021 | $9.9M | $776K | $9.6M | $1 | — | View 990 |
| 2020 | $-10,905 | $28K | $464K | $1 | — | — |
| 2019 | $303K | $125K | $503K | $1 | — | View 990 |
| 2015 | $3K | $1K | $2K | $1 | — | View 990 |
| 2014 | $3K | $1K | $1K | $1 | — | View 990 |
| 2013 | $0 | $1K | $43 | $0 | — | View 990 |
| 2012 | $102K | $101K | $1K | $0 | — | View 990 |
| 2011 | $101K | $101K | $285 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-18,089, expenses of $323K, and assets of $9.2M.
- 2022: Revenue of $-62,734, expenses of $48K, and assets of $9.5M (revenue -100.6% year-over-year).
- 2021: Revenue of $9.9M, expenses of $776K, and assets of $9.6M.
- 2020: Revenue of $-10,905, expenses of $28K, and assets of $464K (revenue -103.6% year-over-year).
- 2019: Revenue of $303K, expenses of $125K, and assets of $503K (revenue +12015.4% year-over-year).
- 2015: Revenue of $3K, expenses of $1K, and assets of $2K (revenue +0.0% year-over-year).
- 2014: Revenue of $3K, expenses of $1K, and assets of $1K.
- 2013: Revenue of $0, expenses of $1K, and assets of $43 (revenue -100.0% year-over-year).
- 2012: Revenue of $102K, expenses of $101K, and assets of $1K (revenue +0.9% year-over-year).
- 2011: Revenue of $101K, expenses of $101K, and assets of $285.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bradshaw Family Foundation:
Data Sources and Methodology
This transparency report for Bradshaw Family 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.