Brunswick Senior Resources Inc
Brunswick Senior Resources Inc shows consistent growth and no reported officer compensation over the last decade.
EIN: 10656674 · Shallotte, NC · NTEE: P81 · Updated: 2026-03-28
Is Brunswick Senior Resources Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brunswick Senior Resources Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brunswick Senior Resources Inc
Brunswick Senior Resources Inc (EIN: 10656674) is a nonprofit organization based in Shallotte, NC, classified under NTEE code P81. The organization reported total revenue of $6.8M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brunswick Senior Resources Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brunswick Senior Resources Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Brunswick Senior Resources Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this size with revenues exceeding $5 million. This suggests either a fully volunteer-led executive team or that executive compensation is reported under different expense categories, which could impact transparency.
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 Brunswick Senior Resources Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may obscure actual executive costs or indicate a unique operational model.
- Lack of detailed functional expense breakdown in summary data, making it difficult to precisely assess program efficiency without full 990 review.
Strengths
The following positive indicators were identified for Brunswick Senior Resources Inc:
- Consistent revenue growth over a decade, from $2.6M in 2014 to $5.4M in 2023, indicating strong financial health and donor support.
- Steady asset growth, from $1.3M in 2014 to $3.4M in 2023, demonstrating increasing capacity and financial stability.
- Expenses generally align with revenue, suggesting funds are actively used for mission-related activities rather than excessive accumulation.
- Low liabilities relative to assets, indicating a healthy balance sheet and limited financial risk.
Frequently Asked Questions about Brunswick Senior Resources Inc
Is Brunswick Senior Resources Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brunswick Senior Resources Inc (EIN: 10656674) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Brunswick Senior Resources Inc spend its money?
Brunswick Senior Resources Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brunswick Senior Resources Inc tax-deductible?
Brunswick Senior Resources Inc is registered as a tax-exempt nonprofit (EIN: 10656674). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Brunswick Senior Resources Inc manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which would require reviewing the full 990 forms for clarification.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these categories. To understand the organization's spending efficiency, one would need to examine the full IRS 990 forms, specifically Part IX, Statement of Functional Expenses.
Has the organization experienced any significant financial challenges or surpluses?
While expenses generally track closely with revenue, there was a slight deficit in 2023 (expenses $5,585,892 vs. revenue $5,480,232) and a notable surplus in 2021 (revenue $4,898,758 vs. expenses $4,046,165). This indicates a generally balanced approach to spending, with some fluctuations year-to-year.
Filing History
IRS 990 filing history for Brunswick Senior Resources Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Brunswick Senior Resources Inc's revenue has grown by 115.5%, moving from $2.5M to $5.5M. Total assets increased by 257.8% over the same period, from $972K to $3.5M. Total functional expenses rose by 154.6%, from $2.2M to $5.6M. In its most recent filing year (2023), Brunswick Senior Resources Inc reported a deficit of $106K, with expenses exceeding revenue. The organization holds $944K in liabilities against $3.5M in assets (debt-to-asset ratio: 27.1%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $5.6M | $3.5M | $944K | — | — |
| 2022 | $5.1M | $5.0M | $2.9M | $307K | — | View 990 |
| 2021 | $4.9M | $4.0M | $2.7M | $228K | — | View 990 |
| 2020 | $4.5M | $4.4M | $2.1M | $417K | — | View 990 |
| 2019 | $4.1M | $4.0M | $1.9M | $326K | — | View 990 |
| 2018 | $3.6M | $3.5M | $1.8M | $273K | — | View 990 |
| 2017 | $3.1M | $3.0M | $1.7M | $245K | — | View 990 |
| 2016 | $2.9M | $2.8M | $1.6M | $218K | — | View 990 |
| 2015 | $2.8M | $2.7M | $1.5M | $211K | — | View 990 |
| 2014 | $2.6M | $2.5M | $1.3M | $147K | — | View 990 |
| 2013 | $2.6M | $2.4M | $1.2M | $158K | — | View 990 |
| 2012 | $2.5M | $2.2M | $972K | $102K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $5.6M, and assets of $3.5M (revenue +6.9% year-over-year).
- 2022: Revenue of $5.1M, expenses of $5.0M, and assets of $2.9M (revenue +4.7% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.0M, and assets of $2.7M (revenue +9.2% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.4M, and assets of $2.1M (revenue +9.1% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.0M, and assets of $1.9M (revenue +14.5% year-over-year).
- 2018: Revenue of $3.6M, expenses of $3.5M, and assets of $1.8M (revenue +17.5% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.0M, and assets of $1.7M (revenue +5.0% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.8M, and assets of $1.6M (revenue +5.2% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.7M, and assets of $1.5M (revenue +6.4% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.5M, and assets of $1.3M (revenue +1.7% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.4M, and assets of $1.2M (revenue +0.6% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.2M, and assets of $972K.
Data Sources and Methodology
This transparency report for Brunswick Senior Resources 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.