Frank And Deenie Brosens Foundation
Frank And Deenie Brosens Foundation shows significant asset growth and minimal operational expenses with no reported officer compensation.
EIN: 133532018 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.6M |
| Total Expenses | $765K |
| Program Spending | 90% |
| Net Assets | $15.4M |
| Transparency Score | 90/100 |
Is Frank And Deenie Brosens Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frank And Deenie Brosens Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frank And Deenie Brosens Foundation
Frank And Deenie Brosens Foundation (EIN: 133532018) is a nonprofit organization based in New York, NY. The organization reported total revenue of $11.6M and total assets of $19.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frank And Deenie Brosens Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frank And Deenie Brosens Foundation is a large nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 15.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $765K |
| Surplus / Deficit | +$1.5M |
| Total Assets | $15.4M |
| Total Liabilities | $1 |
| Net Assets | $15.4M |
| Operating Margin | 65.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 242.2 months |
Financial Health Grade: A
In 2024, Frank And Deenie Brosens Foundation reported a surplus of $1.5M with revenue exceeding expenses, holds 242.2 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 (2012–2024), Frank And Deenie Brosens Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -51.1% | +21.2% | +10.6% |
| 2023 | -15.1% | +57.6% | +39.5% |
| 2022 | -0.8% | -12.3% | +99.8% |
| 2021 | +1044.8% | -12.0% | +21542.2% |
| 2020 | +121.0% | +64.4% | -46.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Frank And Deenie Brosens Foundation with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, Frank And Deenie Brosens Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten filings, indicating that executive leadership is either unpaid or compensated through other entities, which significantly reduces administrative overhead and maximizes resources for its mission.
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 Frank And Deenie Brosens Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in available data
- NTEE code is unknown, limiting understanding of mission focus
Strengths
The following positive indicators were identified for Frank And Deenie Brosens Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency
- Significant growth in assets and revenue over recent years, demonstrating financial health
- Very low expenses relative to revenue, suggesting efficient use of funds
- Consistent IRS 990 filing history, indicating transparency
Frequently Asked Questions about Frank And Deenie Brosens Foundation
Is Frank And Deenie Brosens Foundation a legitimate charity?
Frank And Deenie Brosens Foundation (EIN: 133532018) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $11.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Frank And Deenie Brosens Foundation spend its money?
Frank And Deenie Brosens Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Frank And Deenie Brosens Foundation tax-deductible?
Frank And Deenie Brosens Foundation is registered as a tax-exempt nonprofit (EIN: 133532018). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frank And Deenie Brosens Foundation located?
Frank And Deenie Brosens Foundation is headquartered in New York, New York and files with the IRS under EIN 133532018.
How many years of IRS 990 filings does Frank And Deenie Brosens Foundation have?
Frank And Deenie Brosens 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 $11.6M in total revenue.
What are the specific programs or causes the Frank And Deenie Brosens Foundation supports?
The provided IRS 990 data does not specify the NTEE code or detailed program descriptions, making it difficult to ascertain the exact causes or programs supported by the foundation.
How does the foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or their compensation is covered by an external entity, or they are not compensated in a manner that requires reporting on the 990 form.
What is the primary reason for the significant increase in assets and revenue in recent years?
The data shows a substantial increase in revenue from $475,054 in 2020 to $5,396,461 in 2022, and assets from $23,128 to $10,001,615 in the same period. This growth likely stems from significant contributions, investment gains, or a combination thereof, indicating strong donor support or effective asset management.
Filing History
IRS 990 filing history for Frank And Deenie Brosens Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Frank And Deenie Brosens Foundation's revenue has grown by 460.1%, moving from $400K to $2.2M. Total assets increased by 30846.2% over the same period, from $50K to $15.4M. Total functional expenses rose by 103.4%, from $376K to $765K. In its most recent filing year (2024), Frank And Deenie Brosens Foundation reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1 in liabilities against $15.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.2M | $765K | $15.4M | $1 | — | View 990 |
| 2023 | $4.6M | $631K | $14.0M | $1 | — | View 990 |
| 2022 | $5.4M | $400K | $10.0M | $1 | — | View 990 |
| 2021 | $5.4M | $456K | $5.0M | $1 | — | — |
| 2020 | $475K | $519K | $23K | $1 | — | View 990 |
| 2016 | $215K | $315K | $43K | $0 | — | View 990 |
| 2015 | $405K | $315K | $144K | $0 | — | View 990 |
| 2014 | $605K | $572K | $54K | $0 | — | View 990 |
| 2013 | $330K | $359K | $21K | $0 | — | View 990 |
| 2012 | $400K | $376K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.2M, expenses of $765K, and assets of $15.4M (revenue -51.1% year-over-year).
- 2023: Revenue of $4.6M, expenses of $631K, and assets of $14.0M (revenue -15.1% year-over-year).
- 2022: Revenue of $5.4M, expenses of $400K, and assets of $10.0M (revenue -0.8% year-over-year).
- 2021: Revenue of $5.4M, expenses of $456K, and assets of $5.0M (revenue +1044.8% year-over-year).
- 2020: Revenue of $475K, expenses of $519K, and assets of $23K (revenue +121.0% year-over-year).
- 2016: Revenue of $215K, expenses of $315K, and assets of $43K (revenue -46.9% year-over-year).
- 2015: Revenue of $405K, expenses of $315K, and assets of $144K (revenue -33.1% year-over-year).
- 2014: Revenue of $605K, expenses of $572K, and assets of $54K (revenue +83.1% year-over-year).
- 2013: Revenue of $330K, expenses of $359K, and assets of $21K (revenue -17.4% year-over-year).
- 2012: Revenue of $400K, expenses of $376K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frank And Deenie Brosens Foundation:
Data Sources and Methodology
This transparency report for Frank And Deenie Brosens 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.