Braver Foundation Inc
Braver Foundation Inc. faces financial challenges with consistent deficit spending and declining assets over the past decade.
EIN: 136277869 · Greenwich, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $7K |
| Program Spending | 75% |
| Net Assets | $38K |
| Transparency Score | 40/100 |
Is Braver Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Braver Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Braver Foundation Inc
Braver Foundation Inc (EIN: 136277869) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $9K and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Braver Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Braver Foundation Inc is a micro nonprofit that has been operating for 58 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $7K |
| Surplus / Deficit | $-3,724 |
| Total Assets | $38K |
| Total Liabilities | $1 |
| Net Assets | $38K |
| Operating Margin | -132.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 69.6 months |
Financial Health Grade: B
In 2023, Braver Foundation Inc reported a deficit of $4K with expenses exceeding revenue, holds 69.6 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), Braver Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.8% | -74.8% | -9.0% |
| 2022 | -47.8% | +72.5% | -33.5% |
| 2021 | +2041.5% | +187.9% | -8.3% |
| 2020 | -92.1% | -30.0% | -6.6% |
| 2019 | +48.9% | -22.5% | -24.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Braver Foundation Inc with a Mission Score of 40 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Braver Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is commendable for a small organization.
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 Braver Foundation Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) across most filing periods, e.g., $2,808 revenue vs. $6,532 expenses in 2023.
- Significant and continuous decline in assets from $134,022 in 2011 to $37,864 in 2023, indicating an unsustainable financial model.
- Very low and fluctuating annual revenue, making long-term planning and program execution challenging.
Strengths
The following positive indicators were identified for Braver Foundation Inc:
- No officer compensation reported, suggesting volunteer leadership and potentially lower administrative overhead.
- Consistent filing of IRS 990 forms, demonstrating a commitment to transparency.
Frequently Asked Questions about Braver Foundation Inc
Is Braver Foundation Inc a legitimate charity?
Braver Foundation Inc (EIN: 136277869) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 40/100. It has 10 years of IRS 990 filings on record. Total revenue: $9K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Braver Foundation Inc spend its money?
Braver Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Braver Foundation Inc tax-deductible?
Braver Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136277869). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Braver Foundation Inc's spending goes to programs?
Braver Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Braver Foundation Inc located?
Braver Foundation Inc is headquartered in Greenwich, Connecticut and files with the IRS under EIN 136277869.
How many years of IRS 990 filings does Braver Foundation Inc have?
Braver Foundation Inc 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 $9K in total revenue.
Is Braver Foundation Inc. a good charity?
Based on the provided financial data, Braver Foundation Inc. exhibits significant financial challenges, including consistent deficit spending and a substantial decline in assets from $134,022 in 2011 to $37,864 in 2023. While officer compensation is 0%, indicating volunteer leadership, the organization's ability to sustain its operations and achieve its mission effectively is questionable given its financial trajectory.
Why are the assets declining so significantly?
The assets are declining because the organization has consistently spent more than it has brought in through revenue. For example, in 2023, revenue was $2,808 while expenses were $6,532, leading to a net loss that draws down its asset base.
What is the organization's primary source of revenue?
The provided data does not specify the primary source of revenue, only the total revenue figures. Given the low amounts, it is likely from small donations or investment income, but further detail would require examining the full 990 forms.
Filing History
IRS 990 filing history for Braver Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Braver Foundation Inc's revenue has declined by 27.7%, moving from $4K to $3K. Total assets decreased by 71.7% over the same period, from $134K to $38K. Total functional expenses fell by 53.4%, from $14K to $7K. In its most recent filing year (2023), Braver Foundation Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $38K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $38K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $7K | $38K | $1 | — | — |
| 2022 | $5K | $26K | $42K | $1 | — | View 990 |
| 2021 | $9K | $15K | $63K | $1 | — | — |
| 2020 | $439 | $5K | $68K | $1 | — | — |
| 2019 | $6K | $7K | $73K | $1 | — | View 990 |
| 2015 | $4K | $10K | $96K | $1 | — | View 990 |
| 2014 | $5K | $16K | $102K | $1 | — | View 990 |
| 2013 | $6K | $15K | $114K | $1 | — | View 990 |
| 2012 | $3K | $14K | $123K | $0 | — | View 990 |
| 2011 | $4K | $14K | $134K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $7K, and assets of $38K (revenue -42.8% year-over-year).
- 2022: Revenue of $5K, expenses of $26K, and assets of $42K (revenue -47.8% year-over-year).
- 2021: Revenue of $9K, expenses of $15K, and assets of $63K (revenue +2041.5% year-over-year).
- 2020: Revenue of $439, expenses of $5K, and assets of $68K (revenue -92.1% year-over-year).
- 2019: Revenue of $6K, expenses of $7K, and assets of $73K (revenue +48.9% year-over-year).
- 2015: Revenue of $4K, expenses of $10K, and assets of $96K (revenue -19.8% year-over-year).
- 2014: Revenue of $5K, expenses of $16K, and assets of $102K (revenue -15.7% year-over-year).
- 2013: Revenue of $6K, expenses of $15K, and assets of $114K (revenue +71.3% year-over-year).
- 2012: Revenue of $3K, expenses of $14K, and assets of $123K (revenue -16.5% year-over-year).
- 2011: Revenue of $4K, expenses of $14K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Braver Foundation Inc:
Data Sources and Methodology
This transparency report for Braver Foundation Inc 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.