Brooten Community Foundation
EIN: 270590642 · Brooten, MN · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $297K |
| Net Assets | $126K |
Is Brooten Community Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brooten Community Foundation
Brooten Community Foundation (EIN: 270590642) is a nonprofit organization based in Brooten, MN, classified under NTEE code T31. The organization reported total revenue of $297K and total assets of $422K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brooten Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brooten Community Foundation is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -100.0% | +0.0% |
| 2022 | -94.5% | -80.5% | -7.4% |
| 2021 | +10108.3% | +112500.0% | +343.4% |
| 2020 | -18.6% | +0.0% | +7.1% |
| 2019 | +18.6% | -89.1% | +8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brooten Community 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 Brooten Community 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:
Frequently Asked Questions about Brooten Community Foundation
Is Brooten Community Foundation a legitimate charity?
Brooten Community Foundation (EIN: 270590642) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $297K. No red flags identified. Financial health grade: B.
How does Brooten Community Foundation spend its money?
Brooten Community Foundation reported $297K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brooten Community Foundation tax-deductible?
Brooten Community Foundation is registered as a tax-exempt nonprofit (EIN: 270590642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brooten Community Foundation located?
Brooten Community Foundation is headquartered in Brooten, Minnesota and files with the IRS under EIN 270590642. It is classified under NTEE code T31.
How many years of IRS 990 filings does Brooten Community Foundation have?
Brooten Community Foundation 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 $297K in total revenue.
Filing History
IRS 990 filing history for Brooten Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brooten Community Foundation's revenue has declined by 100%, moving from $14K to $0. Total assets increased by 303.4% over the same period, from $31K to $126K. Total functional expenses fell by 100%, from $1K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $126K | $0 | — | View 990 |
| 2022 | $12K | $22K | $126K | $0 | — | View 990 |
| 2021 | $218K | $113K | $136K | $0 | — | — |
| 2020 | $2K | $100 | $31K | $0 | — | — |
| 2019 | $3K | $100 | $29K | $0 | — | View 990 |
| 2018 | $2K | $921 | $26K | $0 | — | View 990 |
| 2017 | $7K | $108 | $25K | $0 | — | View 990 |
| 2016 | $8K | $9K | $18K | $0 | — | View 990 |
| 2015 | $2K | $7K | $18K | $0 | — | View 990 |
| 2014 | $19K | $2K | $23K | $0 | — | View 990 |
| 2013 | $6K | $11K | $6K | $0 | — | View 990 |
| 2012 | $25K | $45K | $11K | $0 | — | View 990 |
| 2011 | $14K | $1K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $126K (revenue -100.0% year-over-year).
- 2022: Revenue of $12K, expenses of $22K, and assets of $126K (revenue -94.5% year-over-year).
- 2021: Revenue of $218K, expenses of $113K, and assets of $136K (revenue +10108.3% year-over-year).
- 2020: Revenue of $2K, expenses of $100, and assets of $31K (revenue -18.6% year-over-year).
- 2019: Revenue of $3K, expenses of $100, and assets of $29K (revenue +18.6% year-over-year).
- 2018: Revenue of $2K, expenses of $921, and assets of $26K (revenue -68.8% year-over-year).
- 2017: Revenue of $7K, expenses of $108, and assets of $25K (revenue -14.2% year-over-year).
- 2016: Revenue of $8K, expenses of $9K, and assets of $18K (revenue +258.9% year-over-year).
- 2015: Revenue of $2K, expenses of $7K, and assets of $18K (revenue -87.6% year-over-year).
- 2014: Revenue of $19K, expenses of $2K, and assets of $23K (revenue +208.7% year-over-year).
- 2013: Revenue of $6K, expenses of $11K, and assets of $6K (revenue -75.9% year-over-year).
- 2012: Revenue of $25K, expenses of $45K, and assets of $11K (revenue +80.9% year-over-year).
- 2011: Revenue of $14K, expenses of $1K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brooten Community Foundation:
Data Sources and Methodology
This transparency report for Brooten Community 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.