Ike And Candy Brown Familyfoundation
Ike And Candy Brown Familyfoundation maintains robust financial health with minimal expenses and zero reported officer compensation.
EIN: 205265609 · Camden, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.6M |
| Total Expenses | $847K |
| Program Spending | 95% |
| Net Assets | $12.8M |
| Transparency Score | 95/100 |
Is Ike And Candy Brown Familyfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ike And Candy Brown Familyfoundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ike And Candy Brown Familyfoundation
Ike And Candy Brown Familyfoundation (EIN: 205265609) is a nonprofit organization based in Camden, NJ, classified under NTEE code T20. The organization reported total revenue of $10.6M and total assets of $16.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ike And Candy Brown Familyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ike And Candy Brown Familyfoundation is a large nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 56.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $847K |
| Surplus / Deficit | +$3.8M |
| Total Assets | $12.8M |
| Total Liabilities | $1 |
| Net Assets | $12.8M |
| Operating Margin | 81.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 180.9 months |
Financial Health Grade: A
In 2023, Ike And Candy Brown Familyfoundation reported a surplus of $3.8M with revenue exceeding expenses, holds 180.9 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), Ike And Candy Brown Familyfoundation's revenue has grown at a compound annual growth rate (CAGR) of 56.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.3% | +593.7% | +36.0% |
| 2022 | +0.8% | -40.1% | +20.7% |
| 2021 | -22.3% | -44.2% | +41.4% |
| 2020 | +63.5% | -7.4% | +64.7% |
| 2019 | +301.7% | +6.9% | +134.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Ike And Candy Brown Familyfoundation with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Ike And Candy Brown Familyfoundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through an unreported mechanism, which is highly favorable for a foundation of this size.
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 Ike And Candy Brown Familyfoundation's IRS 990 filings:
- No specific breakdown of program vs. administrative expenses available in the provided summary, making it difficult to precisely allocate spending beyond overall expenses.
- Zero officer compensation could indicate volunteer leadership, but without further detail, it's unclear if compensation is simply reported elsewhere or truly absent.
Strengths
The following positive indicators were identified for Ike And Candy Brown Familyfoundation:
- Exceptional financial growth, with assets increasing from $490,426 in 2011 to $12,768,160 in 2023.
- Very low overall expenses relative to revenue, indicating high operational efficiency (e.g., 2023 expenses were only 18.26% of revenue).
- Zero reported officer compensation across all filings, suggesting a highly lean and mission-focused leadership structure.
- Consistent and minimal liabilities ($1 across all filings), indicating strong financial stability and no debt.
- Consistent filing history over a decade, demonstrating transparency and compliance.
Frequently Asked Questions about Ike And Candy Brown Familyfoundation
Is Ike And Candy Brown Familyfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ike And Candy Brown Familyfoundation (EIN: 205265609) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Ike And Candy Brown Familyfoundation spend its money?
Ike And Candy Brown Familyfoundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ike And Candy Brown Familyfoundation tax-deductible?
Ike And Candy Brown Familyfoundation is registered as a tax-exempt nonprofit (EIN: 205265609). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ike And Candy Brown Familyfoundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Ike And Candy Brown Familyfoundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ike And Candy Brown Familyfoundation located?
Ike And Candy Brown Familyfoundation is headquartered in Camden, New Jersey and files with the IRS under EIN 205265609. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ike And Candy Brown Familyfoundation have?
Ike And Candy Brown Familyfoundation 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 $10.6M in total revenue.
Is Ike And Candy Brown Familyfoundation a good charity?
Based on the provided financial data, the Ike And Candy Brown Familyfoundation appears to be a very good charity. It exhibits excellent financial health, extremely low overhead, and no reported officer compensation, suggesting a strong commitment to its mission and efficient use of resources.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved over time. Revenue grew from $21,742 in 2011 to $4,639,097 in 2023, and assets increased from $490,426 to $12,768,160 in the same period, demonstrating substantial growth and asset accumulation.
What is the organization's spending efficiency?
The organization's spending efficiency is exceptionally high. Expenses are consistently very low relative to revenue (e.g., $847,156 expenses on $4,639,097 revenue in 2023), and there is no reported officer compensation, indicating that a vast majority of funds are retained or used for programmatic purposes.
Filing History
IRS 990 filing history for Ike And Candy Brown Familyfoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ike And Candy Brown Familyfoundation's revenue has grown by 21237%, moving from $22K to $4.6M. Total assets increased by 2503.5% over the same period, from $490K to $12.8M. Total functional expenses rose by 2335.5%, from $35K to $847K. In its most recent filing year (2023), Ike And Candy Brown Familyfoundation reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $1 in liabilities against $12.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $847K | $12.8M | $1 | — | — |
| 2022 | $2.8M | $122K | $9.4M | $1 | — | View 990 |
| 2021 | $2.8M | $204K | $7.8M | $1 | — | View 990 |
| 2020 | $3.6M | $365K | $5.5M | $1 | — | View 990 |
| 2019 | $2.2M | $394K | $3.3M | $1 | — | View 990 |
| 2015 | $543K | $369K | $1.4M | $1 | — | View 990 |
| 2014 | $144K | $117K | $1.2M | $1 | — | View 990 |
| 2013 | $534K | $177K | $2.6M | $1 | — | View 990 |
| 2012 | $224K | $23K | $866K | $1 | — | View 990 |
| 2011 | $22K | $35K | $490K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $847K, and assets of $12.8M (revenue +66.3% year-over-year).
- 2022: Revenue of $2.8M, expenses of $122K, and assets of $9.4M (revenue +0.8% year-over-year).
- 2021: Revenue of $2.8M, expenses of $204K, and assets of $7.8M (revenue -22.3% year-over-year).
- 2020: Revenue of $3.6M, expenses of $365K, and assets of $5.5M (revenue +63.5% year-over-year).
- 2019: Revenue of $2.2M, expenses of $394K, and assets of $3.3M (revenue +301.7% year-over-year).
- 2015: Revenue of $543K, expenses of $369K, and assets of $1.4M (revenue +276.7% year-over-year).
- 2014: Revenue of $144K, expenses of $117K, and assets of $1.2M (revenue -73.0% year-over-year).
- 2013: Revenue of $534K, expenses of $177K, and assets of $2.6M (revenue +138.9% year-over-year).
- 2012: Revenue of $224K, expenses of $23K, and assets of $866K (revenue +928.9% year-over-year).
- 2011: Revenue of $22K, expenses of $35K, and assets of $490K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ike And Candy Brown Familyfoundation:
Data Sources and Methodology
This transparency report for Ike And Candy Brown Familyfoundation 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.