Brooks Gray Foundation
EIN: 451227948 · Madison, AL · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $36K |
| Net Assets | $539K |
Is Brooks Gray Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brooks Gray Foundation
Brooks Gray Foundation (EIN: 451227948) is a nonprofit organization based in Madison, AL, classified under NTEE code T20. The organization reported total revenue of $64K and total assets of $531K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooks Gray Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brooks Gray Foundation is a micro nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -23.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $36K |
| Surplus / Deficit | $-20,387 |
| Total Assets | $539K |
| Total Liabilities | $1 |
| Net Assets | $539K |
| Operating Margin | -131.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 180.2 months |
Financial Health Grade: B
In 2023, Brooks Gray Foundation reported a deficit of $20K with expenses exceeding revenue, holds 180.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Brooks Gray Foundation's revenue has declined at a compound annual growth rate (CAGR) of -23.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.1% | +11.5% | -3.6% |
| 2022 | -85.4% | -9.4% | +0.0% |
| 2021 | +1642.1% | +1.8% | +31.4% |
| 2020 | -24.7% | +136.0% | -4.9% |
| 2019 | -43.9% | -42.1% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brooks Gray 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 Brooks Gray 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 $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Brooks Gray Foundation
Is Brooks Gray Foundation a legitimate charity?
Brooks Gray Foundation (EIN: 451227948) is a registered tax-exempt nonprofit based in Alabama. It has 10 years of IRS 990 filings on record. Total revenue: $64K. No red flags identified. Financial health grade: B.
How does Brooks Gray Foundation spend its money?
Brooks Gray Foundation reported $64K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brooks Gray Foundation tax-deductible?
Brooks Gray Foundation is registered as a tax-exempt nonprofit (EIN: 451227948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brooks Gray Foundation located?
Brooks Gray Foundation is headquartered in Madison, Alabama and files with the IRS under EIN 451227948. It is classified under NTEE code T20.
How many years of IRS 990 filings does Brooks Gray Foundation have?
Brooks Gray Foundation has 10 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 $64K in total revenue.
Filing History
IRS 990 filing history for Brooks Gray Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Brooks Gray Foundation's revenue has declined by 95.6%, moving from $357K to $16K. Total assets increased by 65.8% over the same period, from $325K to $539K. Total functional expenses rose by 769.2%, from $4K to $36K. In its most recent filing year (2023), Brooks Gray Foundation reported a deficit of $20K, with expenses exceeding revenue. The organization holds $1 in liabilities against $539K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $539K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $36K | $539K | $1 | — | — |
| 2022 | $32K | $32K | $560K | $1 | — | View 990 |
| 2021 | $223K | $36K | $559K | $1 | — | — |
| 2020 | $13K | $35K | $426K | $1 | — | View 990 |
| 2019 | $17K | $15K | $448K | $1 | — | View 990 |
| 2015 | $30K | $26K | $490K | $1 | — | View 990 |
| 2014 | $167K | $25K | $485K | $1 | — | View 990 |
| 2013 | $23K | $21K | $344K | $0 | — | View 990 |
| 2012 | $12K | $19K | $347K | $1 | — | View 990 |
| 2011 | $357K | $4K | $325K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $36K, and assets of $539K (revenue -52.1% year-over-year).
- 2022: Revenue of $32K, expenses of $32K, and assets of $560K (revenue -85.4% year-over-year).
- 2021: Revenue of $223K, expenses of $36K, and assets of $559K (revenue +1642.1% year-over-year).
- 2020: Revenue of $13K, expenses of $35K, and assets of $426K (revenue -24.7% year-over-year).
- 2019: Revenue of $17K, expenses of $15K, and assets of $448K (revenue -43.9% year-over-year).
- 2015: Revenue of $30K, expenses of $26K, and assets of $490K (revenue -81.9% year-over-year).
- 2014: Revenue of $167K, expenses of $25K, and assets of $485K (revenue +629.5% year-over-year).
- 2013: Revenue of $23K, expenses of $21K, and assets of $344K (revenue +92.6% year-over-year).
- 2012: Revenue of $12K, expenses of $19K, and assets of $347K (revenue -96.7% year-over-year).
- 2011: Revenue of $357K, expenses of $4K, and assets of $325K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brooks Gray Foundation:
Data Sources and Methodology
This transparency report for Brooks Gray 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.