Brown Association For Cooperative Housing
EIN: 50344694 · Providence, RI · NTEE: L53Z
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $92K |
| Net Assets | $-20,716 |
Is Brown Association For Cooperative Housing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brown Association For Cooperative Housing
Brown Association For Cooperative Housing (EIN: 50344694) is a nonprofit organization based in Providence, RI, classified under NTEE code L53Z. The organization reported total revenue of $118K and total assets of $37K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brown Association For Cooperative Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brown Association For Cooperative Housing is a small nonprofit that has been operating for 30 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $92K |
| Surplus / Deficit | +$27K |
| Total Assets | $37K |
| Total Liabilities | $58K |
| Net Assets | $-20,716 |
| Operating Margin | 22.6% |
| Debt-to-Asset Ratio | 155.7% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2018, Brown Association For Cooperative Housing reported a surplus of $27K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 155.7% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Brown Association For Cooperative Housing's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +153.0% | -37.9% | +147.1% |
| 2017 | -49.7% | +5.3% | -96.5% |
| 2016 | -13.1% | -9.0% | -8.2% |
| 2015 | +-0.0% | +3.9% | -7.0% |
| 2014 | -17.8% | -13.2% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brown Association For Cooperative Housing 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 Brown Association For Cooperative Housing 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 155.7%.
Frequently Asked Questions about Brown Association For Cooperative Housing
Is Brown Association For Cooperative Housing a legitimate charity?
Brown Association For Cooperative Housing (EIN: 50344694) is a registered tax-exempt nonprofit based in Rhode Island. It has 8 years of IRS 990 filings on record. Total revenue: $118K. No red flags identified. Financial health grade: A.
How does Brown Association For Cooperative Housing spend its money?
Brown Association For Cooperative Housing reported $118K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brown Association For Cooperative Housing tax-deductible?
Brown Association For Cooperative Housing is registered as a tax-exempt nonprofit (EIN: 50344694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brown Association For Cooperative Housing located?
Brown Association For Cooperative Housing is headquartered in Providence, Rhode Island and files with the IRS under EIN 50344694. It is classified under NTEE code L53Z.
How many years of IRS 990 filings does Brown Association For Cooperative Housing have?
Brown Association For Cooperative Housing has 8 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 $118K in total revenue.
Filing History
IRS 990 filing history for Brown Association For Cooperative Housing showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Brown Association For Cooperative Housing's revenue has declined by 1.6%, moving from $120K to $118K. Total assets decreased by 93% over the same period, from $534K to $37K. Total functional expenses fell by 41.9%, from $158K to $92K. In its most recent filing year (2018), Brown Association For Cooperative Housing reported a surplus of $27K, with revenue exceeding expenses. The organization holds $58K in liabilities against $37K in assets (debt-to-asset ratio: 155.7%), resulting in net assets of $-20,716.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $118K | $92K | $37K | $58K | — | View 990 |
| 2017 | $47K | $148K | $15K | $62K | — | View 990 |
| 2016 | $93K | $140K | $431K | $378K | — | View 990 |
| 2015 | $107K | $154K | $469K | $369K | — | View 990 |
| 2014 | $107K | $148K | $505K | $358K | — | View 990 |
| 2013 | $130K | $171K | $508K | $320K | — | View 990 |
| 2012 | $153K | $134K | $544K | $315K | — | View 990 |
| 2011 | $120K | $158K | $534K | $325K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $118K, expenses of $92K, and assets of $37K (revenue +153.0% year-over-year).
- 2017: Revenue of $47K, expenses of $148K, and assets of $15K (revenue -49.7% year-over-year).
- 2016: Revenue of $93K, expenses of $140K, and assets of $431K (revenue -13.1% year-over-year).
- 2015: Revenue of $107K, expenses of $154K, and assets of $469K (revenue +-0.0% year-over-year).
- 2014: Revenue of $107K, expenses of $148K, and assets of $505K (revenue -17.8% year-over-year).
- 2013: Revenue of $130K, expenses of $171K, and assets of $508K (revenue -15.1% year-over-year).
- 2012: Revenue of $153K, expenses of $134K, and assets of $544K (revenue +27.6% year-over-year).
- 2011: Revenue of $120K, expenses of $158K, and assets of $534K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brown Association For Cooperative Housing:
Data Sources and Methodology
This transparency report for Brown Association For Cooperative Housing 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.