Brothers Empowered To Teach Initiative
EIN: 464812536 · New Orleans, LA · NTEE: B80
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.0M |
Is Brothers Empowered To Teach Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brothers Empowered To Teach Initiative
Brothers Empowered To Teach Initiative (EIN: 464812536) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B80. The organization reported total revenue of $2.3M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brothers Empowered To Teach Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brothers Empowered To Teach Initiative is a mid-size nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 31.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 55.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Brothers Empowered To Teach Initiative reported a surplus of $1.3M with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2018–2023), Brothers Empowered To Teach Initiative's revenue has grown at a compound annual growth rate (CAGR) of 31.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +366.1% | +43.8% | -100.0% |
| 2022 | -16.5% | +15.5% | -58.6% |
| 2020 | -33.7% | +14.6% | +11.7% |
| 2019 | +52.5% | -23.1% | +325.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brothers Empowered To Teach Initiative 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 Brothers Empowered To Teach Initiative 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 surplus of $1.3M, with revenue exceeding expenses.
Frequently Asked Questions about Brothers Empowered To Teach Initiative
Is Brothers Empowered To Teach Initiative a legitimate charity?
Brothers Empowered To Teach Initiative (EIN: 464812536) is a registered tax-exempt nonprofit based in Louisiana. It has 5 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: A.
How does Brothers Empowered To Teach Initiative spend its money?
Brothers Empowered To Teach Initiative reported $2.3M in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brothers Empowered To Teach Initiative tax-deductible?
Brothers Empowered To Teach Initiative is registered as a tax-exempt nonprofit (EIN: 464812536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brothers Empowered To Teach Initiative located?
Brothers Empowered To Teach Initiative is headquartered in New Orleans, Louisiana and files with the IRS under EIN 464812536. It is classified under NTEE code B80.
How many years of IRS 990 filings does Brothers Empowered To Teach Initiative have?
Brothers Empowered To Teach Initiative has 5 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Brothers Empowered To Teach Initiative showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2023), Brothers Empowered To Teach Initiative's revenue has grown by 293.5%, moving from $585K to $2.3M. Total assets decreased by 100% over the same period, from $113K to $0. Total functional expenses rose by 46.3%, from $706K to $1.0M. In its most recent filing year (2023), Brothers Empowered To Teach Initiative reported a surplus of $1.3M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $1.0M | $0 | $0 | — | View 990 |
| 2022 | $494K | $719K | $222K | $303K | — | View 990 |
| 2020 | $592K | $622K | $536K | $355K | — | View 990 |
| 2019 | $893K | $543K | $480K | $221K | — | View 990 |
| 2018 | $585K | $706K | $113K | $204K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $1.0M, and assets of $0 (revenue +366.1% year-over-year).
- 2022: Revenue of $494K, expenses of $719K, and assets of $222K (revenue -16.5% year-over-year).
- 2020: Revenue of $592K, expenses of $622K, and assets of $536K (revenue -33.7% year-over-year).
- 2019: Revenue of $893K, expenses of $543K, and assets of $480K (revenue +52.5% year-over-year).
- 2018: Revenue of $585K, expenses of $706K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brothers Empowered To Teach Initiative:
Data Sources and Methodology
This transparency report for Brothers Empowered To Teach Initiative 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.