Brotherhood Mutual Foundation Inc
Brotherhood Mutual Foundation Inc shows consistent revenue growth and strong financial management with no reported officer compensation.
EIN: 203618117 · Fort Wayne, IN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| Net Assets | $740K |
| Transparency Score | 92/100 |
Is Brotherhood Mutual Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brotherhood Mutual Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brotherhood Mutual Foundation Inc
Brotherhood Mutual Foundation Inc (EIN: 203618117) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code T20. The organization reported total revenue of $6.5M and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brotherhood Mutual Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brotherhood Mutual Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$355K |
| Total Assets | $740K |
| Total Liabilities | $1 |
| Net Assets | $740K |
| Operating Margin | 15.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, Brotherhood Mutual Foundation Inc reported a surplus of $355K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Brotherhood Mutual Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.7% | -2.4% | +92.0% |
| 2022 | +52.6% | +54.0% | -28.9% |
| 2020 | +2.9% | +21.3% | +36.4% |
| 2019 | +77.7% | +37.4% | -38.3% |
| 2015 | +3.2% | +43.2% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brotherhood Mutual Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Brotherhood Mutual Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $355K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly commendable for a nonprofit of its size and revenue.
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.
Red Flags
The following concerns were identified during AI analysis of Brotherhood Mutual Foundation Inc's IRS 990 filings:
- Significant discrepancy between 'Latest Assets' ($7,542) and 2023 reported assets ($740,004) requires clarification.
Strengths
The following positive indicators were identified for Brotherhood Mutual Foundation Inc:
- Consistent revenue growth over the past decade, from $343,330 in 2011 to $2,314,937 in 2023.
- No reported officer compensation across all filings, indicating high efficiency and direct allocation of funds to mission.
- Expenses consistently below revenue, demonstrating sound financial management and ability to build assets.
- Very low liabilities (often $1 or $0) across all reported periods, indicating a healthy balance sheet.
- Strong asset growth from $84,811 in 2011 to $740,004 in 2023 (excluding the 'Latest Assets' anomaly).
Frequently Asked Questions about Brotherhood Mutual Foundation Inc
Is Brotherhood Mutual Foundation Inc a legitimate charity?
Brotherhood Mutual Foundation Inc (EIN: 203618117) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 9 years of IRS 990 filings on record. Total revenue: $6.5M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Brotherhood Mutual Foundation Inc spend its money?
Brotherhood Mutual Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Brotherhood Mutual Foundation Inc tax-deductible?
Brotherhood Mutual Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203618117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brotherhood Mutual Foundation Inc's spending goes to programs?
Brotherhood Mutual Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Brotherhood Mutual Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Brotherhood Mutual Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brotherhood Mutual Foundation Inc located?
Brotherhood Mutual Foundation Inc is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 203618117. It is classified under NTEE code T20.
How many years of IRS 990 filings does Brotherhood Mutual Foundation Inc have?
Brotherhood Mutual Foundation Inc has 9 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 $6.5M in total revenue.
Why is the 'Latest Assets' figure of $7,542 so much lower than the 2023 reported assets of $740,004?
This discrepancy requires clarification. It could be a data entry error in the provided summary or reflect a significant, recent change in asset holdings not detailed in the filing history.
What are the specific program activities funded by Brotherhood Mutual Foundation Inc?
While the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) gives a general idea, a detailed look at the full IRS 990 form would be needed to understand the specific grants or programs supported.
How does the organization manage its fundraising efforts given the absence of officer compensation?
The absence of officer compensation suggests that fundraising is likely managed by volunteers, board members, or through very lean operational structures, which contributes to high efficiency.
Filing History
IRS 990 filing history for Brotherhood Mutual Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Brotherhood Mutual Foundation Inc's revenue has grown by 574.3%, moving from $343K to $2.3M. Total assets increased by 772.5% over the same period, from $85K to $740K. Total functional expenses rose by 453.6%, from $354K to $2.0M. In its most recent filing year (2023), Brotherhood Mutual Foundation Inc reported a surplus of $355K, with revenue exceeding expenses. The organization holds $1 in liabilities against $740K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $740K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.0M | $740K | $1 | — | — |
| 2022 | $2.2M | $2.0M | $385K | $1 | — | View 990 |
| 2020 | $1.4M | $1.3M | $542K | $1 | — | — |
| 2019 | $1.4M | $1.1M | $398K | $1 | — | View 990 |
| 2015 | $793K | $783K | $645K | $0 | — | View 990 |
| 2014 | $768K | $547K | $635K | $1 | — | View 990 |
| 2013 | $735K | $524K | $413K | $1 | — | View 990 |
| 2012 | $576K | $459K | $202K | $1 | — | View 990 |
| 2011 | $343K | $354K | $85K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.0M, and assets of $740K (revenue +4.7% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $385K (revenue +52.6% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $542K (revenue +2.9% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.1M, and assets of $398K (revenue +77.7% year-over-year).
- 2015: Revenue of $793K, expenses of $783K, and assets of $645K (revenue +3.2% year-over-year).
- 2014: Revenue of $768K, expenses of $547K, and assets of $635K (revenue +4.5% year-over-year).
- 2013: Revenue of $735K, expenses of $524K, and assets of $413K (revenue +27.5% year-over-year).
- 2012: Revenue of $576K, expenses of $459K, and assets of $202K (revenue +67.8% year-over-year).
- 2011: Revenue of $343K, expenses of $354K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brotherhood Mutual Foundation Inc:
Data Sources and Methodology
This transparency report for Brotherhood Mutual Foundation Inc 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.