Brooke Erin Posey Foundation
EIN: 834341649 · New Orleans, LA · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $38K |
| Total Expenses | $41K |
| Net Assets | $100 |
Is Brooke Erin Posey Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brooke Erin Posey Foundation
Brooke Erin Posey Foundation (EIN: 834341649) is a nonprofit organization based in New Orleans, LA, classified under NTEE code T12. The organization reported total revenue of $38K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooke Erin Posey Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brooke Erin Posey Foundation is a micro nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 24.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $41K |
| Surplus / Deficit | $-1,186 |
| Total Assets | $101 |
| Total Liabilities | $1 |
| Net Assets | $100 |
| Operating Margin | -3.0% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Brooke Erin Posey Foundation reported a deficit of $1K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Brooke Erin Posey Foundation's revenue has grown at a compound annual growth rate (CAGR) of 24.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.4% | +296.5% | -92.2% |
| 2022 | +72.3% | -54.8% | +83.3% |
| 2021 | +21.6% | +86.0% | -82.0% |
| 2020 | -3.2% | -26.0% | +5089.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brooke Erin Posey Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brooke Erin Posey Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Brooke Erin Posey Foundation
Is Brooke Erin Posey Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Brooke Erin Posey Foundation (EIN: 834341649) insufficient data. 0 red flags identified, 0 strengths noted.
How does Brooke Erin Posey Foundation spend its money?
Detailed spending breakdown data is not yet available for Brooke Erin Posey Foundation. Check back for updated IRS 990 analysis.
Are donations to Brooke Erin Posey Foundation tax-deductible?
Brooke Erin Posey Foundation is registered as a tax-exempt nonprofit (EIN: 834341649). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brooke Erin Posey Foundation located?
Brooke Erin Posey Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 834341649. It is classified under NTEE code T12.
How many years of IRS 990 filings does Brooke Erin Posey Foundation have?
Brooke Erin Posey Foundation has 5 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 $38K in total revenue.
Filing History
IRS 990 filing history for Brooke Erin Posey Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Brooke Erin Posey Foundation's revenue has grown by 138.3%, moving from $17K to $39K. Total assets increased by 34.7% over the same period, from $75 to $101. Total functional expenses rose by 146.6%, from $16K to $41K. In its most recent filing year (2023), Brooke Erin Posey Foundation reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $101 in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $100.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $41K | $101 | $1 | — | — |
| 2022 | $34K | $10K | $1K | $1 | — | — |
| 2021 | $19K | $23K | $702 | $1 | — | — |
| 2020 | $16K | $12K | $4K | $1 | — | — |
| 2019 | $17K | $16K | $75 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $41K, and assets of $101 (revenue +17.4% year-over-year).
- 2022: Revenue of $34K, expenses of $10K, and assets of $1K (revenue +72.3% year-over-year).
- 2021: Revenue of $19K, expenses of $23K, and assets of $702 (revenue +21.6% year-over-year).
- 2020: Revenue of $16K, expenses of $12K, and assets of $4K (revenue -3.2% year-over-year).
- 2019: Revenue of $17K, expenses of $16K, and assets of $75.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brooke Erin Posey Foundation:
Data Sources and Methodology
This transparency report for Brooke Erin Posey 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.