Brakebush Brothers Inc Welfare Benefits Tr
EIN: 816959427 · Westfield, WI · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $20.4M |
| Total Expenses | $17.6M |
| Net Assets | $1.8M |
Is Brakebush Brothers Inc Welfare Benefits Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brakebush Brothers Inc Welfare Benefits Tr
Brakebush Brothers Inc Welfare Benefits Tr (EIN: 816959427) is a nonprofit organization based in Westfield, WI, classified under NTEE code Y43. The organization reported total revenue of $20.4M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brakebush Brothers Inc Welfare Benefits Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brakebush Brothers Inc Welfare Benefits Tr is a large nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.4M |
| Total Expenses | $17.6M |
| Surplus / Deficit | $-2,174,845 |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | -14.1% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2023, Brakebush Brothers Inc Welfare Benefits Tr reported a deficit of $2.2M with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2017–2023), Brakebush Brothers Inc Welfare Benefits Tr's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.9% | +12.6% | -54.2% |
| 2022 | -2.4% | -8.3% | +30.4% |
| 2021 | +8.9% | +6.4% | +7.2% |
| 2020 | +13.9% | +15.8% | -12.3% |
| 2019 | +8.7% | +6.3% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brakebush Brothers Inc Welfare Benefits Tr 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 Brakebush Brothers Inc Welfare Benefits Tr 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 deficit of $2.2M, with expenses exceeding revenue.
Frequently Asked Questions about Brakebush Brothers Inc Welfare Benefits Tr
Is Brakebush Brothers Inc Welfare Benefits Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Brakebush Brothers Inc Welfare Benefits Tr (EIN: 816959427) insufficient data. 0 red flags identified, 0 strengths noted.
How does Brakebush Brothers Inc Welfare Benefits Tr spend its money?
Detailed spending breakdown data is not yet available for Brakebush Brothers Inc Welfare Benefits Tr. Check back for updated IRS 990 analysis.
Are donations to Brakebush Brothers Inc Welfare Benefits Tr tax-deductible?
Brakebush Brothers Inc Welfare Benefits Tr is registered as a tax-exempt nonprofit (EIN: 816959427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brakebush Brothers Inc Welfare Benefits Tr located?
Brakebush Brothers Inc Welfare Benefits Tr is headquartered in Westfield, Wisconsin and files with the IRS under EIN 816959427. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Brakebush Brothers Inc Welfare Benefits Tr have?
Brakebush Brothers Inc Welfare Benefits Tr has 7 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 $20.4M in total revenue.
Filing History
IRS 990 filing history for Brakebush Brothers Inc Welfare Benefits Tr showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Brakebush Brothers Inc Welfare Benefits Tr's revenue has grown by 23.3%, moving from $12.5M to $15.4M. Total assets decreased by 52% over the same period, from $3.8M to $1.8M. Total functional expenses rose by 50.3%, from $11.7M to $17.6M. In its most recent filing year (2023), Brakebush Brothers Inc Welfare Benefits Tr reported a deficit of $2.2M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.4M | $17.6M | $1.8M | $0 | — | — |
| 2022 | $16.6M | $15.6M | $4.0M | $0 | — | View 990 |
| 2021 | $17.0M | $17.0M | $3.0M | $0 | — | View 990 |
| 2020 | $15.6M | $16.0M | $2.8M | $0 | — | — |
| 2019 | $13.7M | $13.8M | $3.2M | $0 | — | — |
| 2018 | $12.6M | $13.0M | $3.3M | $0 | — | View 990 |
| 2017 | $12.5M | $11.7M | $3.8M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $15.4M, expenses of $17.6M, and assets of $1.8M (revenue -6.9% year-over-year).
- 2022: Revenue of $16.6M, expenses of $15.6M, and assets of $4.0M (revenue -2.4% year-over-year).
- 2021: Revenue of $17.0M, expenses of $17.0M, and assets of $3.0M (revenue +8.9% year-over-year).
- 2020: Revenue of $15.6M, expenses of $16.0M, and assets of $2.8M (revenue +13.9% year-over-year).
- 2019: Revenue of $13.7M, expenses of $13.8M, and assets of $3.2M (revenue +8.7% year-over-year).
- 2018: Revenue of $12.6M, expenses of $13.0M, and assets of $3.3M (revenue +0.7% year-over-year).
- 2017: Revenue of $12.5M, expenses of $11.7M, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brakebush Brothers Inc Welfare Benefits Tr:
Data Sources and Methodology
This transparency report for Brakebush Brothers Inc Welfare Benefits Tr 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.