Braly Family Foundation
Braly Family Foundation shows strong asset growth and zero officer compensation amidst fluctuating revenues.
EIN: 205093193 · Longmont, CO · NTEE: B82 · Updated: 2026-03-28
Is Braly Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Braly Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Braly Family Foundation
Braly Family Foundation (EIN: 205093193) is a nonprofit organization based in Longmont, CO, classified under NTEE code B82. The organization reported total revenue of $3.1M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Braly Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Braly Family Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $196K |
| Total Expenses | $557K |
| Surplus / Deficit | $-360,796 |
| Total Assets | $8.2M |
| Total Liabilities | $5K |
| Net Assets | $8.2M |
| Operating Margin | -183.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 177.2 months |
Financial Health Grade: B
In 2023, Braly Family Foundation reported a deficit of $361K with expenses exceeding revenue, holds 177.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Braly Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -86.9% | -1.2% | +4.4% |
| 2021 | -102.8% | +203.6% | -11.2% |
| 2020 | +107495.3% | +546.1% | +2124.2% |
| 2019 | -98.5% | -61.9% | -16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Braly Family Foundation with a Mission Score of 95 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, Braly Family 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 $361K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The Braly Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly efficient for a foundation of its size.
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 Braly Family Foundation's IRS 990 filings:
- Highly volatile revenue streams, indicating potential reliance on market performance or infrequent large donations.
Strengths
The following positive indicators were identified for Braly Family Foundation:
- Consistent 0% officer compensation, demonstrating exceptional efficiency.
- Significant and consistent asset growth over time, from $313,743 in 2011 to $8,224,070 in 2023.
- Low liabilities across all reported periods, indicating strong financial health.
- Consistent IRS 990 filing history, showing good transparency.
Frequently Asked Questions about Braly Family Foundation
Is Braly Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Braly Family Foundation (EIN: 205093193) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Braly Family Foundation spend its money?
Braly Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Braly Family Foundation tax-deductible?
Braly Family Foundation is registered as a tax-exempt nonprofit (EIN: 205093193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Braly Family Foundation financially stable?
Yes, the foundation demonstrates strong financial stability with assets growing from $313,743 in 2011 to $8,224,070 in 2023, and consistently low liabilities.
How does the Braly Family Foundation manage its administrative costs?
The foundation manages administrative costs exceptionally well, reporting 0% officer compensation in all filings, indicating very low overhead.
What is the trend in the foundation's revenue?
The foundation's revenue has been highly volatile, ranging from a negative $-230,936 in 2021 to a high of $8,212,753 in 2020, suggesting reliance on investment returns or large, infrequent contributions.
Does the Braly Family Foundation prioritize its mission through spending?
Yes, with 0% officer compensation and significant asset growth, the foundation appears to prioritize its mission by minimizing administrative drain and growing its endowment for future grantmaking.
Filing History
IRS 990 filing history for Braly Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Braly Family Foundation's revenue has grown by 625%, moving from $27K to $196K. Total assets increased by 2521.3% over the same period, from $314K to $8.2M. Total functional expenses rose by 1536.6%, from $34K to $557K. In its most recent filing year (2023), Braly Family Foundation reported a deficit of $361K, with expenses exceeding revenue. The organization holds $5K in liabilities against $8.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $196K | $557K | $8.2M | $5K | — | — |
| 2022 | $1.5M | $564K | $7.9M | $5K | — | — |
| 2021 | $-230,936 | $539K | $7.5M | $53K | — | View 990 |
| 2020 | $8.2M | $177K | $8.4M | $3K | — | — |
| 2019 | $8K | $27K | $378K | $1 | — | — |
| 2015 | $499K | $72K | $453K | $1 | — | View 990 |
| 2014 | $22K | $25K | $340K | $314K | — | View 990 |
| 2013 | $49K | $23K | $343K | $314K | — | View 990 |
| 2012 | $41K | $35K | $318K | $315K | — | View 990 |
| 2011 | $27K | $34K | $314K | $317K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $196K, expenses of $557K, and assets of $8.2M (revenue -86.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $564K, and assets of $7.9M.
- 2021: Revenue of $-230,936, expenses of $539K, and assets of $7.5M (revenue -102.8% year-over-year).
- 2020: Revenue of $8.2M, expenses of $177K, and assets of $8.4M (revenue +107495.3% year-over-year).
- 2019: Revenue of $8K, expenses of $27K, and assets of $378K (revenue -98.5% year-over-year).
- 2015: Revenue of $499K, expenses of $72K, and assets of $453K (revenue +2145.6% year-over-year).
- 2014: Revenue of $22K, expenses of $25K, and assets of $340K (revenue -54.8% year-over-year).
- 2013: Revenue of $49K, expenses of $23K, and assets of $343K (revenue +20.5% year-over-year).
- 2012: Revenue of $41K, expenses of $35K, and assets of $318K (revenue +50.6% year-over-year).
- 2011: Revenue of $27K, expenses of $34K, and assets of $314K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Braly Family Foundation:
Data Sources and Methodology
This transparency report for Braly 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.