Briggs Fisher Foundaton
Briggs Fisher Foundation maintains stable finances with no executive compensation and growing assets.
EIN: 203064253 · Grosse Pt Frm, MI · NTEE: T20 · Updated: 2026-03-28
Is Briggs Fisher Foundaton Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Briggs Fisher Foundaton directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Briggs Fisher Foundaton
Briggs Fisher Foundaton (EIN: 203064253) is a nonprofit organization based in Grosse Pt Frm, MI, classified under NTEE code T20. The organization reported total revenue of $220K and total assets of $188K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Briggs Fisher Foundaton's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Briggs Fisher Foundaton 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Briggs Fisher Foundaton allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly efficient for a nonprofit of this 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.
Strengths
The following positive indicators were identified for Briggs Fisher Foundaton:
- Consistent revenue stream around $220,000-$275,000 annually.
- Zero officer compensation reported across all filings, maximizing funds for mission.
- Strong asset growth from $65,895 in 2011 to $256,526 in 2023.
- Minimal liabilities ($1) consistently reported, indicating a very healthy balance sheet.
- Consistent filing of IRS Form 990s over a decade, demonstrating transparency and compliance.
Frequently Asked Questions about Briggs Fisher Foundaton
Is Briggs Fisher Foundaton a legitimate charity?
Based on AI analysis of IRS 990 filings, Briggs Fisher Foundaton (EIN: 203064253) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Briggs Fisher Foundaton spend its money?
Briggs Fisher Foundaton directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Briggs Fisher Foundaton tax-deductible?
Briggs Fisher Foundaton is registered as a tax-exempt nonprofit (EIN: 203064253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Briggs Fisher Foundation a good charity?
Based on the available financial data, the Briggs Fisher Foundation appears to be a very good charity. It consistently operates within its means, has no executive compensation, and maintains a healthy balance sheet with minimal liabilities. Its long history of consistent filings also suggests good governance.
How does the foundation manage its expenses relative to its income?
The foundation generally manages its expenses closely to its income. For example, in 2023, expenses were $193,020 against $220,000 in revenue, showing a surplus. In other years, like 2022, expenses ($230,642) slightly exceeded revenue ($220,000), but overall, it demonstrates responsible financial stewardship.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend over the past decade, growing from $65,895 in 2011 to $256,526 in 2023, indicating effective asset management and accumulation.
Filing History
IRS 990 filing history for Briggs Fisher Foundaton showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Briggs Fisher Foundaton's revenue has declined by 0%, moving from $220K to $220K. Total assets increased by 289.3% over the same period, from $66K to $257K. Total functional expenses fell by 20.1%, from $242K to $193K. In its most recent filing year (2023), Briggs Fisher Foundaton reported a surplus of $27K, with revenue exceeding expenses. The organization holds $1 in liabilities against $257K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $257K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $220K | $193K | $257K | $1 | — | View 990 |
| 2022 | $220K | $231K | $230K | $1 | — | View 990 |
| 2021 | $220K | $184K | $240K | $1 | — | View 990 |
| 2020 | $220K | $246K | $204K | $1 | — | View 990 |
| 2019 | $275K | $176K | $230K | $1 | — | View 990 |
| 2015 | $221K | $262K | $94K | $1 | — | View 990 |
| 2014 | $220K | $224K | $135K | $1 | — | View 990 |
| 2013 | $220K | $199K | $139K | $1 | — | View 990 |
| 2012 | $220K | $169K | $117K | $1 | — | View 990 |
| 2011 | $220K | $242K | $66K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $220K, expenses of $193K, and assets of $257K (revenue +0.0% year-over-year).
- 2022: Revenue of $220K, expenses of $231K, and assets of $230K (revenue +0.0% year-over-year).
- 2021: Revenue of $220K, expenses of $184K, and assets of $240K (revenue +0.0% year-over-year).
- 2020: Revenue of $220K, expenses of $246K, and assets of $204K (revenue -20.0% year-over-year).
- 2019: Revenue of $275K, expenses of $176K, and assets of $230K (revenue +24.7% year-over-year).
- 2015: Revenue of $221K, expenses of $262K, and assets of $94K (revenue +0.2% year-over-year).
- 2014: Revenue of $220K, expenses of $224K, and assets of $135K (revenue +0.0% year-over-year).
- 2013: Revenue of $220K, expenses of $199K, and assets of $139K (revenue +-0.0% year-over-year).
- 2012: Revenue of $220K, expenses of $169K, and assets of $117K (revenue +-0.0% year-over-year).
- 2011: Revenue of $220K, expenses of $242K, and assets of $66K.
Data Sources and Methodology
This transparency report for Briggs Fisher Foundaton 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.