Braewold Fund

Braewold Fund shows fluctuating revenues and expenses, with consistent zero officer compensation and growing assets.

EIN: 137196658 · Sheridan, MT · NTEE: T22 · Updated: 2026-03-28

$2.8MRevenue
$5.8MAssets
75/100Mission Score (Good)
T22
Braewold Fund Financial Summary
MetricValue
Total Revenue$2.8M
Total Expenses$315K
Program Spending85%
Net Assets$4.9M
Transparency Score75/100

Search Intent Cockpit

Braewold Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals

Braewold Fund is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Braewold Fund in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $150K and expenses of $315K.

Revenue and Expenses

Braewold Fund reported $150K in revenue and $315K in expenses, a deficit of $165K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 3 red flags, and 4 strengths are shown from structured and AI review.

Is Braewold Fund Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Braewold Fund Expense Deployment
Program services$268K (85%)

Across stored filings, Braewold Fund shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Braewold Fund Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Montana 4 H Foundation IncMontana and Philanthropy context

Trust Check

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Donation Decision Flow

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Braewold Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Braewold Fund

Braewold Fund (EIN: 137196658) is a nonprofit organization based in Sheridan, MT, classified under NTEE code T22. The organization reported total revenue of $2.8M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Braewold Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

27Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Braewold Fund is a mid-size nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 37.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$150K
Total Expenses$315K
Surplus / Deficit$-165,278
Total Assets$4.9M
Total Liabilities$1
Net Assets$4.9M
Operating Margin-110.4%
Debt-to-Asset Ratio0.0%
Months of Reserves188.0 months

Financial Health Grade: B

In 2023, Braewold Fund reported a deficit of $165K with expenses exceeding revenue, holds 188.0 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), Braewold Fund's revenue has grown at a compound annual growth rate (CAGR) of 37.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+50.5%-38.6%-5.2%
2022-88.7%-3.5%-3.3%
2021+57.9%+37.7%+7.0%
2020+154.8%+18.4%+3.6%
2019-91.0%+83.4%+8.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1999

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Braewold Fund exhibits inconsistent financial performance over the past decade, with significant fluctuations in revenue and expenses. For instance, in 2023, the organization reported revenue of $149,768 against expenses of $315,046, indicating a deficit. This trend of expenses exceeding revenue is also visible in 2022 ($99,494 revenue vs. $513,209 expenses) and 2019 ($219,469 revenue vs. $326,205 expenses). However, there were periods of substantial surplus, such as 2015 where revenue was $2,449,087 against expenses of $177,843. The organization consistently reports minimal liabilities ($1 across all filings), suggesting a healthy balance sheet in terms of debt, with assets growing from $493,698 in 2011 to $4,936,832 in 2023. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to definitively assess. However, the consistent reporting of 0% officer compensation across all filings suggests a lean operational structure at the executive level, which is a positive indicator for donor funds being directed towards the mission rather than high salaries. The significant swings in revenue and expenses, particularly the periods of high expenses relative to revenue, warrant further investigation into the nature of these expenditures and their alignment with program delivery. Transparency appears to be adequate through the consistent filing of IRS Form 990s. The lack of officer compensation is a notable point, indicating that the organization's leadership may be volunteer-based or compensated through other means not classified as officer compensation, which could be a strength in terms of directing funds to programs. However, the NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is grantmaking, and the financial data should be viewed through that lens, where expenses might primarily be grants rather than direct program delivery costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Braewold Fund with a Mission Score of 75 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Braewold Fund 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 (2023)

From the most recent IRS 990 filing on record:

$150KTotal Revenue
$315KTotal Expenses
$4.9MTotal Assets
$1Total Liabilities
$4.9MNet Assets
  • The organization reported a deficit of $165K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer means, which is highly favorable for directing funds to the organization's mission.

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 Braewold Fund's IRS 990 filings:

  • Inconsistent revenue streams with significant year-to-year fluctuations
  • Periods of substantial operating deficits where expenses significantly exceed revenue (e.g., 2023, 2022, 2019)
  • Lack of detailed functional expense breakdown in provided data to assess program efficiency accurately

Strengths

The following positive indicators were identified for Braewold Fund:

  • Consistent 0% officer compensation, indicating efficient use of funds at the executive level
  • Minimal liabilities ($1 across all filings), suggesting strong financial solvency regarding debt
  • Significant growth in assets over the decade, from $493,698 in 2011 to $4,936,832 in 2023
  • Consistent filing of IRS Form 990s, demonstrating transparency in reporting

Frequently Asked Questions about Braewold Fund

Is Braewold Fund a legitimate charity?

Braewold Fund (EIN: 137196658) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.8M. 3 red flags identified. 4 strengths noted. Financial health grade: B.

How does Braewold Fund spend its money?

Braewold Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Braewold Fund tax-deductible?

Braewold Fund is registered as a tax-exempt nonprofit (EIN: 137196658). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Braewold Fund's spending goes to programs?

Braewold Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Braewold Fund compare to similar nonprofits?

With a transparency score of 75/100 (Good), Braewold Fund 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 Braewold Fund located?

Braewold Fund is headquartered in Sheridan, Montana and files with the IRS under EIN 137196658. It is classified under NTEE code T22.

How many years of IRS 990 filings does Braewold Fund have?

Braewold Fund 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 $2.8M in total revenue.

Why does Braewold Fund experience such significant fluctuations in annual revenue and expenses?

The financial data shows large swings, for example, revenue dropped from $2,449,087 in 2015 to $219,469 in 2019, and expenses varied from $40,728 in 2012 to $513,209 in 2022. Understanding the underlying activities or funding cycles causing these variations is crucial.

What constitutes the primary expenses for Braewold Fund, given its NTEE code T22 (Private Grantmaking Foundations)?

As a grantmaking foundation, a significant portion of expenses should ideally be grants paid out. Without a detailed functional expense breakdown, it's unclear how much of the reported expenses, such as $513,209 in 2022, directly went to grants versus operational costs.

How does Braewold Fund manage to operate with 0% officer compensation?

The consistent reporting of zero officer compensation suggests either a fully volunteer leadership or compensation structured in a way not reported in this category. Clarification on this structure would provide insight into operational sustainability and efficiency.

What is the strategy behind the periods where expenses significantly exceed revenue, such as in 2023 ($149,768 revenue vs. $315,046 expenses)?

Operating at a deficit for multiple periods could indicate reliance on prior year surpluses or asset drawdowns. Understanding the financial planning and sustainability strategy during these periods is important.

Filing History

IRS 990 filing history for Braewold Fund showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Braewold Fund's revenue has grown by 4481.5%, moving from $3K to $150K. Total assets increased by 900% over the same period, from $494K to $4.9M. Total functional expenses rose by 660.9%, from $41K to $315K. In its most recent filing year (2023), Braewold Fund reported a deficit of $165K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $150K $315K $4.9M $1
2022 $99K $513K $5.2M $1 View 990
2021 $883K $532K $5.4M $1 View 990
2020 $559K $386K $5.0M $1
2019 $219K $326K $4.9M $1
2015 $2.4M $178K $4.5M $1 View 990
2014 $878K $139K $2.2M $1 View 990
2013 $1.1M $165K $1.5M $1 View 990
2012 $98K $41K $551K $1 View 990
2011 $3K $41K $494K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $150K, expenses of $315K, and assets of $4.9M (revenue +50.5% year-over-year).
  • 2022: Revenue of $99K, expenses of $513K, and assets of $5.2M (revenue -88.7% year-over-year).
  • 2021: Revenue of $883K, expenses of $532K, and assets of $5.4M (revenue +57.9% year-over-year).
  • 2020: Revenue of $559K, expenses of $386K, and assets of $5.0M (revenue +154.8% year-over-year).
  • 2019: Revenue of $219K, expenses of $326K, and assets of $4.9M (revenue -91.0% year-over-year).
  • 2015: Revenue of $2.4M, expenses of $178K, and assets of $4.5M (revenue +179.0% year-over-year).
  • 2014: Revenue of $878K, expenses of $139K, and assets of $2.2M (revenue -18.6% year-over-year).
  • 2013: Revenue of $1.1M, expenses of $165K, and assets of $1.5M (revenue +995.7% year-over-year).
  • 2012: Revenue of $98K, expenses of $41K, and assets of $551K (revenue +2910.2% year-over-year).
  • 2011: Revenue of $3K, expenses of $41K, and assets of $494K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Braewold Fund:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Braewold Fund 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.

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