Bravo Greater Des Moines Inc
Bravo Greater Des Moines Inc consistently directs high percentage of expenses to programs with no reported officer compensation.
EIN: 203598346 · Des Moines, IA · NTEE: A122 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.4M |
| Total Expenses | $5.2M |
| Program Spending | 89% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $5.4M |
| Transparency Score | 92/100 |
Is Bravo Greater Des Moines Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bravo Greater Des Moines Inc directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bravo Greater Des Moines Inc
Bravo Greater Des Moines Inc (EIN: 203598346) is a nonprofit organization based in Des Moines, IA, classified under NTEE code A122. The organization reported total revenue of $9.4M and total assets of $11.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bravo Greater Des Moines Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bravo Greater Des Moines Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.3M |
| Total Expenses | $5.2M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $7.9M |
| Total Liabilities | $2.5M |
| Net Assets | $5.4M |
| Operating Margin | 29.0% |
| Debt-to-Asset Ratio | 31.1% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, Bravo Greater Des Moines Inc reported a surplus of $2.1M with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 31.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bravo Greater Des Moines Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.8% | +0.1% | +122.9% |
| 2022 | +68.0% | +55.3% | +15.3% |
| 2021 | -19.2% | -29.8% | -26.0% |
| 2020 | -16.1% | -1.2% | -21.7% |
| 2019 | +8.6% | -1.1% | +9.5% |
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 Bravo Greater Des Moines Inc with a Mission Score of 92 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: 8%
- programs: 89%
- fundraising: 3%
According to IRS 990 filings, Bravo Greater Des Moines Inc allocates its expenses as follows: admin: 8%, programs: 89%, fundraising: 3%. With 89% 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 surplus of $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.1%.
Executive Compensation Analysis
Bravo Greater Des Moines Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of its size with annual revenues exceeding $7 million.
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 Bravo Greater Des Moines Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other expense categories or that leadership is entirely volunteer-based, warranting further investigation for clarity.
Strengths
The following positive indicators were identified for Bravo Greater Des Moines Inc:
- Strong program spending ratio, with 89.5% of expenses directed to programs in 202306.
- Consistent reporting of 0% officer compensation, indicating a high dedication of funds to mission.
- Significant revenue growth, from $3.5M in 202106 to $7.2M in 202306, demonstrating increasing support.
- Healthy asset growth, from $3.0M in 202106 to $7.9M in 202306, enhancing long-term stability.
- Positive net assets, with assets generally exceeding liabilities across reporting periods.
Frequently Asked Questions about Bravo Greater Des Moines Inc
Is Bravo Greater Des Moines Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bravo Greater Des Moines Inc (EIN: 203598346) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Bravo Greater Des Moines Inc spend its money?
Bravo Greater Des Moines Inc directs 89% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bravo Greater Des Moines Inc tax-deductible?
Bravo Greater Des Moines Inc is registered as a tax-exempt nonprofit (EIN: 203598346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bravo Greater Des Moines Inc CEO make?
Bravo Greater Des Moines Inc's highest-compensated officer earns $7 annually. The organization reported $9.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bravo Greater Des Moines Inc's spending goes to programs?
Bravo Greater Des Moines Inc directs 89% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bravo Greater Des Moines Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Bravo Greater Des Moines Inc is above average for NTEE category A122 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bravo Greater Des Moines Inc located?
Bravo Greater Des Moines Inc is headquartered in Des Moines, Iowa and files with the IRS under EIN 203598346. It is classified under NTEE code A122.
How many years of IRS 990 filings does Bravo Greater Des Moines Inc have?
Bravo Greater Des Moines Inc has 13 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 $9.4M in total revenue.
Is Bravo Greater Des Moines Inc a good charity?
Based on its financial data, Bravo Greater Des Moines Inc appears to be a very good charity. It consistently allocates a high percentage of its expenses to program services (e.g., 89.5% in 202306) and reports no officer compensation, suggesting a strong focus on its mission and efficient use of funds.
How has Bravo Greater Des Moines Inc's revenue changed over time?
Bravo Greater Des Moines Inc has experienced significant revenue growth, particularly in recent years. Its revenue increased from $3,502,900 in 202106 to $7,284,497 in 202306, and its latest reported revenue is $9,360,122, indicating substantial expansion.
What is the organization's financial stability?
The organization demonstrates good financial stability. Its assets have grown significantly, from $3,075,940 in 202106 to $7,903,041 in 202306, and its latest reported assets are $11,321,738, generally exceeding its liabilities.
Filing History
IRS 990 filing history for Bravo Greater Des Moines Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bravo Greater Des Moines Inc's revenue has grown by 164.5%, moving from $2.8M to $7.3M. Total assets increased by 495.1% over the same period, from $1.3M to $7.9M. Total functional expenses rose by 95%, from $2.7M to $5.2M. In its most recent filing year (2023), Bravo Greater Des Moines Inc reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $2.5M in liabilities against $7.9M in assets (debt-to-asset ratio: 31.1%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.3M | $5.2M | $7.9M | $2.5M | — | View 990 |
| 2022 | $5.9M | $5.2M | $3.5M | $216K | — | View 990 |
| 2021 | $3.5M | $3.3M | $3.1M | $453K | — | View 990 |
| 2020 | $4.3M | $4.7M | $4.2M | $1.7M | — | View 990 |
| 2019 | $5.2M | $4.8M | $5.3M | $2.5M | — | View 990 |
| 2018 | $4.8M | $4.8M | $4.8M | $2.4M | — | View 990 |
| 2017 | $4.6M | $5.6M | $4.9M | $1.8M | — | View 990 |
| 2016 | $4.4M | $4.1M | $4.1M | $79K | — | View 990 |
| 2015 | $4.3M | $3.8M | $3.2M | $15K | — | View 990 |
| 2014 | $3.8M | $3.4M | $2.7M | $10K | — | View 990 |
| 2013 | $3.4M | $2.6M | $2.2M | $10K | — | View 990 |
| 2012 | $2.8M | $2.3M | $1.9M | $532K | — | View 990 |
| 2011 | $2.8M | $2.7M | $1.3M | $468K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.3M, expenses of $5.2M, and assets of $7.9M (revenue +23.8% year-over-year).
- 2022: Revenue of $5.9M, expenses of $5.2M, and assets of $3.5M (revenue +68.0% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.3M, and assets of $3.1M (revenue -19.2% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.7M, and assets of $4.2M (revenue -16.1% year-over-year).
- 2019: Revenue of $5.2M, expenses of $4.8M, and assets of $5.3M (revenue +8.6% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.8M, and assets of $4.8M (revenue +3.6% year-over-year).
- 2017: Revenue of $4.6M, expenses of $5.6M, and assets of $4.9M (revenue +4.8% year-over-year).
- 2016: Revenue of $4.4M, expenses of $4.1M, and assets of $4.1M (revenue +2.3% year-over-year).
- 2015: Revenue of $4.3M, expenses of $3.8M, and assets of $3.2M (revenue +11.9% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.4M, and assets of $2.7M (revenue +13.9% year-over-year).
- 2013: Revenue of $3.4M, expenses of $2.6M, and assets of $2.2M (revenue +18.6% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.3M, and assets of $1.9M (revenue +2.8% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.7M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bravo Greater Des Moines Inc:
Data Sources and Methodology
This transparency report for Bravo Greater Des Moines 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.