International Brain Bee
EIN: 824069083 · Washington, DC · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $156K |
| Net Assets | $129K |
Is International Brain Bee Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About International Brain Bee
International Brain Bee (EIN: 824069083) is a nonprofit organization based in Washington, DC, classified under NTEE code O50. The organization reported total revenue of $176K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Brain Bee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Brain Bee is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $156K |
| Surplus / Deficit | +$770 |
| Total Assets | $129K |
| Net Assets | $129K |
| Operating Margin | 0.5% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, International Brain Bee reported a surplus of $770 with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), International Brain Bee's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +-0.0% | +4.6% | -1.2% |
| 2022 | +3.7% | +19.1% | +8.4% |
| 2021 | +14.1% | +7.5% | +27.6% |
| 2020 | +3.6% | +35.7% | +15.4% |
| 2019 | -12.0% | -22.4% | +86.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for International Brain Bee 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 International Brain Bee 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $770, with revenue exceeding expenses.
Frequently Asked Questions about International Brain Bee
Is International Brain Bee a legitimate charity?
International Brain Bee (EIN: 824069083) is a registered tax-exempt nonprofit based in Washington DC. It has 6 years of IRS 990 filings on record. Total revenue: $176K. No red flags identified. Financial health grade: A.
How does International Brain Bee spend its money?
International Brain Bee reported $176K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to International Brain Bee tax-deductible?
International Brain Bee is registered as a tax-exempt nonprofit (EIN: 824069083). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is International Brain Bee located?
International Brain Bee is headquartered in Washington, Washington DC and files with the IRS under EIN 824069083. It is classified under NTEE code O50.
How many years of IRS 990 filings does International Brain Bee have?
International Brain Bee has 6 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 $176K in total revenue.
Filing History
IRS 990 filing history for International Brain Bee showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), International Brain Bee's revenue has grown by 7.9%, moving from $145K to $157K. Total assets increased by 193.9% over the same period, from $44K to $129K. Total functional expenses rose by 41%, from $111K to $156K. In its most recent filing year (2023), International Brain Bee reported a surplus of $770, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $156K | $129K | $0 | — | View 990 |
| 2022 | $157K | $149K | $130K | $2K | — | — |
| 2021 | $151K | $125K | $120K | $0 | — | — |
| 2020 | $132K | $116K | $94K | $0 | — | — |
| 2019 | $128K | $86K | $82K | $5K | — | View 990 |
| 2018 | $145K | $111K | $44K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $156K, and assets of $129K (revenue +-0.0% year-over-year).
- 2022: Revenue of $157K, expenses of $149K, and assets of $130K (revenue +3.7% year-over-year).
- 2021: Revenue of $151K, expenses of $125K, and assets of $120K (revenue +14.1% year-over-year).
- 2020: Revenue of $132K, expenses of $116K, and assets of $94K (revenue +3.6% year-over-year).
- 2019: Revenue of $128K, expenses of $86K, and assets of $82K (revenue -12.0% year-over-year).
- 2018: Revenue of $145K, expenses of $111K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Brain Bee:
Data Sources and Methodology
This transparency report for International Brain Bee 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.