Brazil Foundation
Brazil Foundation shows consistent revenue growth and strong asset accumulation with 0% reported officer compensation.
EIN: 134131482 · New York, NY · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.7M |
| Total Expenses | $4.8M |
| Program Spending | 85% |
| Net Assets | $11.9M |
| Transparency Score | 90/100 |
Is Brazil Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brazil Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brazil Foundation
Brazil Foundation (EIN: 134131482) is a nonprofit organization based in New York, NY, classified under NTEE code Q30. The organization reported total revenue of $9.7M and total assets of $14.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brazil Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brazil Foundation is a mid-size nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $4.8M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $12.5M |
| Total Liabilities | $586K |
| Net Assets | $11.9M |
| Operating Margin | 25.9% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 31.0 months |
Financial Health Grade: A
In 2023, Brazil Foundation reported a surplus of $1.7M with revenue exceeding expenses, holds 31.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Brazil Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.8% | -11.1% | +13.2% |
| 2022 | +37.7% | +46.4% | +59.9% |
| 2021 | +83.1% | +26.7% | +102.2% |
| 2020 | +46.6% | +14.9% | +55.3% |
| 2019 | -39.0% | -35.7% | -36.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Brazil Foundation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Brazil Foundation 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:
- The organization reported a surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers from the organization's funds, which is highly unusual for an organization of its size and revenue, suggesting either pro-bono leadership or compensation through other means not reflected in this specific line item.
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 Brazil Foundation's IRS 990 filings:
- Unusually low reported liabilities relative to assets in some years (e.g., $48,410 liabilities vs $6,894,669 assets in 2021), which could warrant further investigation into financial structure, though generally a positive sign.
- The consistent 0% officer compensation, while positive for resource allocation, is highly unusual for an organization of this scale and could suggest compensation is reported under different categories or provided by external entities, which might require deeper scrutiny for full transparency.
Strengths
The following positive indicators were identified for Brazil Foundation:
- Consistent revenue growth, increasing from $2,510,562 in 2019 to $6,512,459 in 2023.
- Significant asset accumulation, growing from $3,409,067 in 2020 to $12,481,101 in 2023.
- Reported 0% officer compensation across all filings, indicating a strong commitment to directing funds to programs.
- Healthy surpluses in most years, with revenue consistently exceeding expenses (e.g., $6,512,459 revenue vs $4,827,929 expenses in 2023).
- Strong financial stability with assets significantly outweighing liabilities (e.g., $12,481,101 assets vs $585,815 liabilities in 2023).
Frequently Asked Questions about Brazil Foundation
Is Brazil Foundation a legitimate charity?
Brazil Foundation (EIN: 134131482) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $9.7M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Brazil Foundation spend its money?
Brazil Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Brazil Foundation tax-deductible?
Brazil Foundation is registered as a tax-exempt nonprofit (EIN: 134131482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brazil Foundation's spending goes to programs?
Brazil Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brazil Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Brazil Foundation is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brazil Foundation located?
Brazil Foundation is headquartered in New York, New York and files with the IRS under EIN 134131482. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Brazil Foundation have?
Brazil Foundation has 14 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 $9.7M in total revenue.
Is Brazil Foundation a good charity?
Based on the provided IRS 990 data, Brazil Foundation appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a significant increase in assets. The reported 0% officer compensation across all filings is a notable positive, suggesting a high dedication of resources to its mission.
How has Brazil Foundation's financial health changed over time?
Brazil Foundation's financial health has significantly improved over time. Revenue has grown from $2,510,562 in 2019 to $6,512,459 in 2023, and assets have more than quadrupled from $3,409,067 in 2020 to $12,481,101 in 2023, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings. This indicates that no salaries are paid to officers directly from the organization's funds, which is a highly unusual and positive indicator of resource allocation directly to programmatic activities, or suggests alternative compensation structures.
Filing History
IRS 990 filing history for Brazil Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Brazil Foundation's revenue has grown by 93.3%, moving from $3.4M to $6.5M. Total assets increased by 414.4% over the same period, from $2.4M to $12.5M. Total functional expenses rose by 109.3%, from $2.3M to $4.8M. In its most recent filing year (2023), Brazil Foundation reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $586K in liabilities against $12.5M in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $11.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $4.8M | $12.5M | $586K | — | — |
| 2022 | $9.3M | $5.4M | $11.0M | $1.4M | — | View 990 |
| 2021 | $6.7M | $3.7M | $6.9M | $48K | — | View 990 |
| 2020 | $3.7M | $2.9M | $3.4M | $140K | — | — |
| 2019 | $2.5M | $2.5M | $2.2M | $10K | — | View 990 |
| 2018 | $4.1M | $4.0M | $3.5M | $59K | — | View 990 |
| 2017 | $3.8M | $3.4M | $3.7M | $62K | — | — |
| 2016 | $3.5M | $3.0M | $3.2M | $159K | — | View 990 |
| 2015 | $3.3M | $3.2M | $2.9M | $259K | — | View 990 |
| 2014 | $3.4M | $4.1M | $3.6M | $520K | — | View 990 |
| 2013 | $3.6M | $3.8M | $4.0M | $27K | — | View 990 |
| 2012 | $4.4M | $3.3M | $4.5M | $19K | — | View 990 |
| 2011 | $5.1M | $4.0M | $3.5M | $16K | — | View 990 |
| 2010 | $3.4M | $2.3M | $2.4M | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $4.8M, and assets of $12.5M (revenue -29.8% year-over-year).
- 2022: Revenue of $9.3M, expenses of $5.4M, and assets of $11.0M (revenue +37.7% year-over-year).
- 2021: Revenue of $6.7M, expenses of $3.7M, and assets of $6.9M (revenue +83.1% year-over-year).
- 2020: Revenue of $3.7M, expenses of $2.9M, and assets of $3.4M (revenue +46.6% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.5M, and assets of $2.2M (revenue -39.0% year-over-year).
- 2018: Revenue of $4.1M, expenses of $4.0M, and assets of $3.5M (revenue +7.1% year-over-year).
- 2017: Revenue of $3.8M, expenses of $3.4M, and assets of $3.7M (revenue +9.5% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.0M, and assets of $3.2M (revenue +7.4% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.2M, and assets of $2.9M (revenue -5.2% year-over-year).
- 2014: Revenue of $3.4M, expenses of $4.1M, and assets of $3.6M (revenue -3.6% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.8M, and assets of $4.0M (revenue -19.6% year-over-year).
- 2012: Revenue of $4.4M, expenses of $3.3M, and assets of $4.5M (revenue -12.8% year-over-year).
- 2011: Revenue of $5.1M, expenses of $4.0M, and assets of $3.5M (revenue +51.1% year-over-year).
- 2010: Revenue of $3.4M, expenses of $2.3M, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brazil Foundation:
Data Sources and Methodology
This transparency report for Brazil 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.