Brem Foundation To Defeat Breast Cancer Inc
Brem Foundation shows consistent revenue growth and strong asset-to-liability ratio with no reported officer compensation.
EIN: 202756827 · Silver Spring, MD · NTEE: H30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| Net Assets | $629K |
| Transparency Score | 88/100 |
Is Brem Foundation To Defeat Breast Cancer Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brem Foundation To Defeat Breast Cancer Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brem Foundation To Defeat Breast Cancer Inc
Brem Foundation To Defeat Breast Cancer Inc (EIN: 202756827) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code H30. The organization reported total revenue of $1.5M and total assets of $686K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brem Foundation To Defeat Breast Cancer Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brem Foundation To Defeat Breast Cancer 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 16.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-37,621 |
| Total Assets | $641K |
| Total Liabilities | $13K |
| Net Assets | $629K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2023, Brem Foundation To Defeat Breast Cancer Inc reported a deficit of $38K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brem Foundation To Defeat Breast Cancer Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | +18.1% | -2.2% |
| 2022 | +16.3% | +20.7% | -11.6% |
| 2021 | +20.7% | +22.8% | +0.5% |
| 2020 | +10.8% | -2.9% | +2.9% |
| 2019 | +12.9% | +57.7% | -21.8% |
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 Brem Foundation To Defeat Breast Cancer Inc with a Mission Score of 88 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, Brem Foundation To Defeat Breast Cancer Inc 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 deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated below IRS reporting thresholds, which is a positive indicator for directing funds to programs.
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.
Strengths
The following positive indicators were identified for Brem Foundation To Defeat Breast Cancer Inc:
- Consistent revenue growth, increasing from $305,464 in 2015 to $1,151,282 in 2023.
- Strong financial stability with assets consistently exceeding liabilities (e.g., $641,371 assets vs. $12,678 liabilities in 2023).
- No reported officer compensation across all 13 filings, indicating a high dedication of funds to the mission.
- Low liabilities relative to assets, demonstrating strong solvency.
- Positive net assets in most recent filings, indicating financial health.
Frequently Asked Questions about Brem Foundation To Defeat Breast Cancer Inc
Is Brem Foundation To Defeat Breast Cancer Inc a legitimate charity?
Brem Foundation To Defeat Breast Cancer Inc (EIN: 202756827) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Brem Foundation To Defeat Breast Cancer Inc spend its money?
Brem Foundation To Defeat Breast Cancer Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Brem Foundation To Defeat Breast Cancer Inc tax-deductible?
Brem Foundation To Defeat Breast Cancer Inc is registered as a tax-exempt nonprofit (EIN: 202756827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brem Foundation To Defeat Breast Cancer Inc's spending goes to programs?
Brem Foundation To Defeat Breast Cancer Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brem Foundation To Defeat Breast Cancer Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Brem Foundation To Defeat Breast Cancer Inc is above average for NTEE category H30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brem Foundation To Defeat Breast Cancer Inc located?
Brem Foundation To Defeat Breast Cancer Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 202756827. It is classified under NTEE code H30.
How many years of IRS 990 filings does Brem Foundation To Defeat Breast Cancer Inc have?
Brem Foundation To Defeat Breast Cancer 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 $1.5M in total revenue.
Is Brem Foundation To Defeat Breast Cancer Inc a good charity?
Based on the provided data, the Brem Foundation appears to be a good charity. It demonstrates consistent revenue growth, maintains a strong asset base relative to liabilities, and notably reports no officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's revenue grown over time?
The organization has shown significant revenue growth, increasing from $305,464 in 2015 to $1,151,282 in 2023, indicating expanding support and operations.
What is the financial stability of the Brem Foundation?
The Brem Foundation exhibits strong financial stability, consistently holding assets significantly greater than liabilities. For example, in 2023, assets were $641,371 while liabilities were only $12,678.
Filing History
IRS 990 filing history for Brem Foundation To Defeat Breast Cancer Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brem Foundation To Defeat Breast Cancer Inc's revenue has grown by 499.4%, moving from $192K to $1.2M. Total assets increased by 245.7% over the same period, from $186K to $641K. Total functional expenses rose by 494.3%, from $200K to $1.2M. In its most recent filing year (2023), Brem Foundation To Defeat Breast Cancer Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $13K in liabilities against $641K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $629K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $641K | $13K | — | — |
| 2022 | $985K | $1.0M | $656K | $10K | — | View 990 |
| 2021 | $847K | $834K | $742K | $33K | — | View 990 |
| 2020 | $702K | $679K | $738K | $42K | — | View 990 |
| 2019 | $633K | $700K | $718K | $44K | — | View 990 |
| 2018 | $561K | $444K | $917K | $177K | — | View 990 |
| 2017 | $578K | $636K | $962K | $341K | — | View 990 |
| 2016 | $394K | $235K | $699K | $15K | — | View 990 |
| 2015 | $305K | $223K | $538K | $95K | — | View 990 |
| 2014 | $331K | $297K | $536K | $176K | — | View 990 |
| 2013 | $381K | $248K | $405K | $79K | — | View 990 |
| 2012 | $293K | $179K | $273K | $81K | — | View 990 |
| 2011 | $192K | $200K | $186K | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $641K (revenue +16.9% year-over-year).
- 2022: Revenue of $985K, expenses of $1.0M, and assets of $656K (revenue +16.3% year-over-year).
- 2021: Revenue of $847K, expenses of $834K, and assets of $742K (revenue +20.7% year-over-year).
- 2020: Revenue of $702K, expenses of $679K, and assets of $738K (revenue +10.8% year-over-year).
- 2019: Revenue of $633K, expenses of $700K, and assets of $718K (revenue +12.9% year-over-year).
- 2018: Revenue of $561K, expenses of $444K, and assets of $917K (revenue -2.9% year-over-year).
- 2017: Revenue of $578K, expenses of $636K, and assets of $962K (revenue +46.5% year-over-year).
- 2016: Revenue of $394K, expenses of $235K, and assets of $699K (revenue +29.1% year-over-year).
- 2015: Revenue of $305K, expenses of $223K, and assets of $538K (revenue -7.8% year-over-year).
- 2014: Revenue of $331K, expenses of $297K, and assets of $536K (revenue -13.0% year-over-year).
- 2013: Revenue of $381K, expenses of $248K, and assets of $405K (revenue +29.9% year-over-year).
- 2012: Revenue of $293K, expenses of $179K, and assets of $273K (revenue +52.7% year-over-year).
- 2011: Revenue of $192K, expenses of $200K, and assets of $186K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brem Foundation To Defeat Breast Cancer Inc:
Data Sources and Methodology
This transparency report for Brem Foundation To Defeat Breast Cancer 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.