Brookes And Owen Brown Foundation
EIN: 770529716 · Hoover, AL · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $5K |
| Net Assets | $138K |
Is Brookes And Owen Brown Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brookes And Owen Brown Foundation
Brookes And Owen Brown Foundation (EIN: 770529716) is a nonprofit organization based in Hoover, AL, classified under NTEE code T22. The organization reported total revenue of $6K and total assets of $138K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brookes And Owen Brown Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brookes And Owen Brown Foundation is a micro nonprofit that has been operating for 26 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $5K |
| Surplus / Deficit | +$834 |
| Total Assets | $138K |
| Total Liabilities | $1 |
| Net Assets | $138K |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 305.9 months |
Financial Health Grade: A
In 2024, Brookes And Owen Brown Foundation reported a surplus of $834 with revenue exceeding expenses, holds 305.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Brookes And Owen Brown Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -95.4% | +498.1% | +0.6% |
| 2023 | +13538700.0% | -54.6% | +4549.4% |
| 2022 | +0.0% | +9900.0% | -40.4% |
| 2021 | -80.0% | — | -0.4% |
| 2020 | -99.9% | -100.0% | +0.1% |
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 Analysis Pending
AI enrichment for Brookes And Owen Brown 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 Brookes And Owen Brown 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $834, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Brookes And Owen Brown Foundation
Is Brookes And Owen Brown Foundation a legitimate charity?
Brookes And Owen Brown Foundation (EIN: 770529716) is a registered tax-exempt nonprofit based in Alabama. It has 11 years of IRS 990 filings on record. Total revenue: $6K. No red flags identified. Financial health grade: A.
How does Brookes And Owen Brown Foundation spend its money?
Brookes And Owen Brown Foundation reported $6K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brookes And Owen Brown Foundation tax-deductible?
Brookes And Owen Brown Foundation is registered as a tax-exempt nonprofit (EIN: 770529716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brookes And Owen Brown Foundation located?
Brookes And Owen Brown Foundation is headquartered in Hoover, Alabama and files with the IRS under EIN 770529716. It is classified under NTEE code T22.
How many years of IRS 990 filings does Brookes And Owen Brown Foundation have?
Brookes And Owen Brown Foundation has 11 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 $6K in total revenue.
Filing History
IRS 990 filing history for Brookes And Owen Brown Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Brookes And Owen Brown Foundation's revenue has declined by 17.3%, moving from $8K to $6K. Total assets increased by 193.1% over the same period, from $47K to $138K. Total functional expenses fell by 89.8%, from $53K to $5K. In its most recent filing year (2024), Brookes And Owen Brown Foundation reported a surplus of $834, with revenue exceeding expenses. The organization holds $1 in liabilities against $138K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $138K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6K | $5K | $138K | $1 | — | — |
| 2023 | $135K | $907 | $137K | $1 | — | — |
| 2022 | $1 | $2K | $3K | $1 | — | View 990 |
| 2021 | $1 | $20 | $5K | $1 | — | — |
| 2020 | $5 | $0 | $5K | $1 | — | — |
| 2019 | $5K | $2K | $5K | $1 | — | View 990 |
| 2015 | $18K | $14K | $4K | $1 | — | View 990 |
| 2014 | $1K | $1K | $629 | $1 | — | View 990 |
| 2013 | $1K | $1K | $803 | $1 | — | View 990 |
| 2012 | $-17,741 | $28K | $1K | $1 | — | View 990 |
| 2011 | $8K | $53K | $47K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6K, expenses of $5K, and assets of $138K (revenue -95.4% year-over-year).
- 2023: Revenue of $135K, expenses of $907, and assets of $137K (revenue +13538700.0% year-over-year).
- 2022: Revenue of $1, expenses of $2K, and assets of $3K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $20, and assets of $5K (revenue -80.0% year-over-year).
- 2020: Revenue of $5, expenses of $0, and assets of $5K (revenue -99.9% year-over-year).
- 2019: Revenue of $5K, expenses of $2K, and assets of $5K (revenue -71.3% year-over-year).
- 2015: Revenue of $18K, expenses of $14K, and assets of $4K (revenue +1650.0% year-over-year).
- 2014: Revenue of $1K, expenses of $1K, and assets of $629 (revenue +0.0% year-over-year).
- 2013: Revenue of $1K, expenses of $1K, and assets of $803.
- 2012: Revenue of $-17,741, expenses of $28K, and assets of $1K (revenue -334.4% year-over-year).
- 2011: Revenue of $8K, expenses of $53K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brookes And Owen Brown Foundation:
Data Sources and Methodology
This transparency report for Brookes And Owen Brown 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.