Brotherhood Of Elders Network
EIN: 364857014 · Oakland, CA · NTEE: A23
Is Brotherhood Of Elders Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brotherhood Of Elders Network
Brotherhood Of Elders Network (EIN: 364857014) is a nonprofit organization based in Oakland, CA, classified under NTEE code A23. The organization reported total revenue of $3.0M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brotherhood Of Elders Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brotherhood Of Elders Network is a mid-size nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 26.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $814K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-407,472 |
| Total Assets | $853K |
| Total Liabilities | $314 |
| Net Assets | $853K |
| Operating Margin | -50.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2023, Brotherhood Of Elders Network reported a deficit of $407K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Brotherhood Of Elders Network's revenue has grown at a compound annual growth rate (CAGR) of 26.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.5% | +35.9% | -32.3% |
| 2022 | +44.8% | -15.2% | +107.1% |
| 2021 | +35.2% | +160.7% | +14.6% |
| 2020 | +104.5% | +24.1% | +267.1% |
| 2019 | +56.7% | +100.8% | +71.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brotherhood Of Elders Network 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 Brotherhood Of Elders Network 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 $407K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Brotherhood Of Elders Network
Is Brotherhood Of Elders Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Brotherhood Of Elders Network (EIN: 364857014) insufficient data. 0 red flags identified, 0 strengths noted.
How does Brotherhood Of Elders Network spend its money?
Detailed spending breakdown data is not yet available for Brotherhood Of Elders Network. Check back for updated IRS 990 analysis.
Are donations to Brotherhood Of Elders Network tax-deductible?
Brotherhood Of Elders Network is registered as a tax-exempt nonprofit (EIN: 364857014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Brotherhood Of Elders Network showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Brotherhood Of Elders Network's revenue has grown by 229%, moving from $247K to $814K. Total assets increased by 912.1% over the same period, from $84K to $853K. Total functional expenses rose by 649%, from $163K to $1.2M. In its most recent filing year (2023), Brotherhood Of Elders Network reported a deficit of $407K, with expenses exceeding revenue. The organization holds $314 in liabilities against $853K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $853K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $814K | $1.2M | $853K | $314 | — | — |
| 2022 | $1.6M | $899K | $1.3M | $0 | — | View 990 |
| 2021 | $1.1M | $1.1M | $609K | $1K | — | View 990 |
| 2020 | $793K | $406K | $531K | $0 | — | — |
| 2019 | $388K | $327K | $145K | $0 | — | View 990 |
| 2018 | $247K | $163K | $84K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $814K, expenses of $1.2M, and assets of $853K (revenue -47.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $899K, and assets of $1.3M (revenue +44.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $609K (revenue +35.2% year-over-year).
- 2020: Revenue of $793K, expenses of $406K, and assets of $531K (revenue +104.5% year-over-year).
- 2019: Revenue of $388K, expenses of $327K, and assets of $145K (revenue +56.7% year-over-year).
- 2018: Revenue of $247K, expenses of $163K, and assets of $84K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brotherhood Of Elders Network:
Data Sources and Methodology
This transparency report for Brotherhood Of Elders Network 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.