Brown Tassell Foundation
Brown Tassell Foundation consistently operates at a deficit, drawing down assets to cover expenses.
EIN: 204012877 · Grand Rapids, MI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $548K |
| Total Expenses | $259K |
| Program Spending | 70% |
| Net Assets | $2.9M |
| Transparency Score | 55/100 |
Is Brown Tassell Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brown Tassell Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Brown Tassell Foundation
Brown Tassell Foundation (EIN: 204012877) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code T22. The organization reported total revenue of $548K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brown Tassell Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brown Tassell Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $259K |
| Surplus / Deficit | $-195,301 |
| Total Assets | $2.9M |
| Total Liabilities | $1 |
| Net Assets | $2.9M |
| Operating Margin | -308.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.7 months |
Financial Health Grade: B
In 2023, Brown Tassell Foundation reported a deficit of $195K with expenses exceeding revenue, holds 133.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Brown Tassell Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +11.0% | -6.4% |
| 2022 | -48.0% | +10.9% | -5.4% |
| 2021 | +13.5% | +5.2% | -3.1% |
| 2020 | -9.0% | +8.6% | -3.0% |
| 2019 | +153.1% | -14.1% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Brown Tassell Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Brown Tassell Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $195K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based, which is a positive for minimizing administrative overhead.
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 Brown Tassell Foundation's IRS 990 filings:
- Consistent operating deficits (expenses significantly exceed revenue in most years, e.g., 2023 expenses $258,542 vs. revenue $63,241).
- Steady decline in total assets over time (from $3.7M in 2011 to $2.8M in 2023).
- Low and fluctuating revenue generation compared to consistent expense levels.
Strengths
The following positive indicators were identified for Brown Tassell Foundation:
- Extremely low liabilities ($1 reported in recent years).
- No reported officer compensation, indicating volunteer leadership and potentially lower administrative costs.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Brown Tassell Foundation
Is Brown Tassell Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Brown Tassell Foundation (EIN: 204012877) some concerns. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
How does Brown Tassell Foundation spend its money?
Brown Tassell Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brown Tassell Foundation tax-deductible?
Brown Tassell Foundation is registered as a tax-exempt nonprofit (EIN: 204012877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brown Tassell Foundation's spending goes to programs?
Brown Tassell Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Brown Tassell Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Brown Tassell Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Brown Tassell Foundation located?
Brown Tassell Foundation is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 204012877. It is classified under NTEE code T22.
How many years of IRS 990 filings does Brown Tassell Foundation have?
Brown Tassell Foundation has 10 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 $548K in total revenue.
Is Brown Tassell Foundation financially sustainable?
Based on the consistent operating deficits, where expenses significantly exceed revenue (e.g., $258,542 expenses vs. $63,241 revenue in 2023), the current financial model is not sustainable in the long term without a substantial increase in revenue or reduction in expenses.
Why are the assets declining steadily?
The assets are declining because the organization's expenses consistently outweigh its revenue, forcing it to draw from its existing asset base to cover operational costs. Assets decreased from $3,706,412 in 2011 to $2,880,110 in 2023.
What is the organization's strategy to address its revenue-expense imbalance?
The provided data does not detail the organization's specific strategies to address the revenue-expense imbalance. However, the consistent deficits suggest that current strategies are insufficient or need significant adjustment.
Filing History
IRS 990 filing history for Brown Tassell Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Brown Tassell Foundation's revenue has grown by 222.7%, moving from $20K to $63K. Total assets decreased by 22.3% over the same period, from $3.7M to $2.9M. Total functional expenses rose by 975.5%, from $24K to $259K. In its most recent filing year (2023), Brown Tassell Foundation reported a deficit of $195K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $259K | $2.9M | $1 | — | View 990 |
| 2022 | $56K | $233K | $3.1M | $1 | — | View 990 |
| 2021 | $107K | $210K | $3.3M | $1 | — | View 990 |
| 2020 | $95K | $200K | $3.4M | $1 | — | View 990 |
| 2019 | $104K | $184K | $3.5M | $1 | — | View 990 |
| 2015 | $41K | $214K | $3.6M | $1 | — | View 990 |
| 2014 | $233K | $216K | $3.8M | $1 | — | View 990 |
| 2013 | $159K | $225K | $3.8M | $1 | — | View 990 |
| 2012 | $188K | $53K | $3.8M | $1 | — | View 990 |
| 2011 | $20K | $24K | $3.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $259K, and assets of $2.9M (revenue +13.2% year-over-year).
- 2022: Revenue of $56K, expenses of $233K, and assets of $3.1M (revenue -48.0% year-over-year).
- 2021: Revenue of $107K, expenses of $210K, and assets of $3.3M (revenue +13.5% year-over-year).
- 2020: Revenue of $95K, expenses of $200K, and assets of $3.4M (revenue -9.0% year-over-year).
- 2019: Revenue of $104K, expenses of $184K, and assets of $3.5M (revenue +153.1% year-over-year).
- 2015: Revenue of $41K, expenses of $214K, and assets of $3.6M (revenue -82.3% year-over-year).
- 2014: Revenue of $233K, expenses of $216K, and assets of $3.8M (revenue +45.9% year-over-year).
- 2013: Revenue of $159K, expenses of $225K, and assets of $3.8M (revenue -15.3% year-over-year).
- 2012: Revenue of $188K, expenses of $53K, and assets of $3.8M (revenue +860.2% year-over-year).
- 2011: Revenue of $20K, expenses of $24K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brown Tassell Foundation:
Data Sources and Methodology
This transparency report for Brown Tassell Foundation 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.