Brothers Of The Sacred Heart Foundation Inc
EIN: 720841091 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Revenue | $13.2M |
| Total Expenses | $2.7M |
| Net Assets | $44.8M |
Is Brothers Of The Sacred Heart Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brothers Of The Sacred Heart Foundation Inc
Brothers Of The Sacred Heart Foundation Inc (EIN: 720841091) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $13.2M and total assets of $50.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brothers Of The Sacred Heart Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brothers Of The Sacred Heart Foundation Inc is a large nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$133K |
| Total Assets | $44.8M |
| Net Assets | $44.8M |
| Operating Margin | 4.7% |
| Months of Reserves | 198.1 months |
Financial Health Grade: A
In 2023, Brothers Of The Sacred Heart Foundation Inc reported a surplus of $133K with revenue exceeding expenses, holds 198.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Brothers Of The Sacred Heart Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.7% | +639.5% | +6.8% |
| 2022 | -4.8% | -50.8% | -11.2% |
| 2021 | +194.0% | +37.8% | +27.7% |
| 2020 | -46.9% | +17.6% | +2.1% |
| 2019 | +26.8% | +0.9% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brothers Of The Sacred Heart Foundation Inc 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 Of The Sacred Heart Foundation Inc 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 $133K, with revenue exceeding expenses.
Frequently Asked Questions about Brothers Of The Sacred Heart Foundation Inc
Is Brothers Of The Sacred Heart Foundation Inc a legitimate charity?
Brothers Of The Sacred Heart Foundation Inc (EIN: 720841091) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $13.2M. No red flags identified. Financial health grade: A.
How does Brothers Of The Sacred Heart Foundation Inc spend its money?
Brothers Of The Sacred Heart Foundation Inc reported $13.2M 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 Brothers Of The Sacred Heart Foundation Inc tax-deductible?
Brothers Of The Sacred Heart Foundation Inc is registered as a tax-exempt nonprofit (EIN: 720841091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brothers Of The Sacred Heart Foundation Inc located?
Brothers Of The Sacred Heart Foundation Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 720841091.
How many years of IRS 990 filings does Brothers Of The Sacred Heart Foundation Inc have?
Brothers Of The Sacred Heart Foundation Inc 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 $13.2M in total revenue.
Filing History
IRS 990 filing history for Brothers Of The Sacred Heart Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brothers Of The Sacred Heart Foundation Inc's revenue has grown by 296.4%, moving from $718K to $2.8M. Total assets increased by 228.5% over the same period, from $13.6M to $44.8M. Total functional expenses rose by 2098.6%, from $123K to $2.7M. In its most recent filing year (2023), Brothers Of The Sacred Heart Foundation Inc reported a surplus of $133K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.7M | $44.8M | $0 | — | View 990 |
| 2022 | $3.9M | $367K | $41.9M | $0 | — | View 990 |
| 2021 | $4.1M | $745K | $47.2M | $0 | — | — |
| 2020 | $1.4M | $541K | $37.0M | $28K | — | View 990 |
| 2019 | $2.6M | $460K | $36.2M | $0 | — | View 990 |
| 2018 | $2.1M | $456K | $34.4M | $28K | — | View 990 |
| 2017 | $2.4M | $482K | $31.9M | $99K | — | View 990 |
| 2016 | $477K | $353K | $18.7M | $0 | — | View 990 |
| 2015 | $718K | $420K | $18.4M | $0 | — | View 990 |
| 2014 | $809K | $208K | $18.2M | $0 | — | View 990 |
| 2013 | $986K | $200K | $15.5M | $0 | — | — |
| 2012 | $588K | $174K | $13.6M | $0 | — | View 990 |
| 2011 | $718K | $123K | $13.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.7M, and assets of $44.8M (revenue -27.7% year-over-year).
- 2022: Revenue of $3.9M, expenses of $367K, and assets of $41.9M (revenue -4.8% year-over-year).
- 2021: Revenue of $4.1M, expenses of $745K, and assets of $47.2M (revenue +194.0% year-over-year).
- 2020: Revenue of $1.4M, expenses of $541K, and assets of $37.0M (revenue -46.9% year-over-year).
- 2019: Revenue of $2.6M, expenses of $460K, and assets of $36.2M (revenue +26.8% year-over-year).
- 2018: Revenue of $2.1M, expenses of $456K, and assets of $34.4M (revenue -13.4% year-over-year).
- 2017: Revenue of $2.4M, expenses of $482K, and assets of $31.9M (revenue +406.2% year-over-year).
- 2016: Revenue of $477K, expenses of $353K, and assets of $18.7M (revenue -33.6% year-over-year).
- 2015: Revenue of $718K, expenses of $420K, and assets of $18.4M (revenue -11.2% year-over-year).
- 2014: Revenue of $809K, expenses of $208K, and assets of $18.2M (revenue -18.0% year-over-year).
- 2013: Revenue of $986K, expenses of $200K, and assets of $15.5M (revenue +67.8% year-over-year).
- 2012: Revenue of $588K, expenses of $174K, and assets of $13.6M (revenue -18.1% year-over-year).
- 2011: Revenue of $718K, expenses of $123K, and assets of $13.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brothers Of The Sacred Heart Foundation Inc:
Data Sources and Methodology
This transparency report for Brothers Of The Sacred Heart 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.