Isaac Bruce Foundation

Isaac Bruce Foundation faces recent deficits despite periods of strong revenue, maintaining zero officer compensation.

EIN: 208066845 · Ofallon, MO · NTEE: N65 · Updated: 2026-03-28

$260KRevenue

$115KAssets

78/100Mission Score (Good)

N65

About Isaac Bruce Foundation

Isaac Bruce Foundation (EIN: 208066845) is a nonprofit organization based in Ofallon, MO, classified under NTEE code N65. The organization reported total revenue of $260K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Isaac Bruce Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Isaac Bruce Foundation demonstrates a mixed financial picture. While the organization has shown periods of strong revenue, such as $360,630 in 2021, it has also experienced significant deficits in recent years, with expenses exceeding revenue by $45,749 in 2023 and $91,000 in 2022. This trend of spending more than it takes in could impact long-term sustainability if not addressed. The foundation's assets have fluctuated, peaking at $249,610 in 2021 but declining to $115,781 by 2023, indicating a draw on reserves to cover operational costs.

Spending efficiency appears to be a focus, as the organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The consistent reporting of zero liabilities across all periods suggests sound financial management in terms of debt avoidance.

Transparency is generally good, with 13 filings available, indicating consistent compliance with IRS reporting requirements. The absence of officer compensation is a strong point for transparency regarding executive pay. However, to fully assess transparency and spending efficiency, more granular expense data would be beneficial for donors and analysts.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Isaac Bruce Foundation with a Mission Score of 78 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Isaac Bruce Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported at 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is highly favorable for a nonprofit of its size with latest revenue of $259,782.

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 Isaac Bruce Foundation's IRS 990 filings:

Consistent deficits in recent years (2022, 2023) where expenses exceeded revenue.
Declining asset base from its peak in 2021, indicating reliance on reserves to cover operational costs.

Strengths

The following positive indicators were identified for Isaac Bruce Foundation:

Zero officer compensation reported across all filings, demonstrating a commitment to directing funds to the mission.
Consistent IRS 990 filing history (13 filings), indicating good compliance and transparency.
No reported liabilities in any filing period, suggesting sound debt management.
Demonstrated ability to generate significant revenue in certain years, such as $360,630 in 2021.

Frequently Asked Questions about Isaac Bruce Foundation

Is the Isaac Bruce Foundation financially stable given recent deficits?

The foundation has experienced deficits in 2023 ($45,749) and 2022 ($91,000), drawing down its assets from $249,610 in 2021 to $115,781 in 2023. While it has reserves, continued deficits could impact long-term stability.

What is the trend in the foundation's assets?

Assets have fluctuated significantly, peaking at $249,610 in 2021 and then declining to $115,781 by 2023, suggesting that the organization has been utilizing its reserves.

How does the foundation manage executive compensation?

The foundation consistently reports 0% officer compensation, meaning no salaries are paid to its officers, which is a strong positive for donor trust and resource allocation to programs.

Filing History

IRS 990 filing history for Isaac Bruce Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Isaac Bruce Foundation's revenue has grown by 208.3%, moving from $68K to $209K. Total assets increased by 56.5% over the same period, from $74K to $116K. Total functional expenses rose by 168.8%, from $95K to $255K. In its most recent filing year (2023), Isaac Bruce Foundation reported a deficit of $46K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$209K	$255K	$116K	$0	—	View 990
2022	$191K	$282K	$159K	$0	—	View 990
2021	$361K	$250K	$250K	$0	—	View 990
2020	$131K	$111K	$139K	$0	—	View 990
2019	$162K	$151K	$119K	$0	—	View 990
2018	$110K	$142K	$108K	$0	—	View 990
2017	$76K	$146K	$141K	$0	—	View 990
2016	$325K	$190K	$211K	$0	—	View 990
2015	$102K	$101K	$75K	$0	—	View 990
2014	$95K	$88K	$74K	$0	—	View 990
2013	$129K	$111K	$67K	$0	—	View 990
2012	$62K	$87K	$49K	$0	—	View 990
2011	$68K	$95K	$74K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $209K, expenses of $255K, and assets of $116K (revenue +9.3% year-over-year).
2022: Revenue of $191K, expenses of $282K, and assets of $159K (revenue -46.9% year-over-year).
2021: Revenue of $361K, expenses of $250K, and assets of $250K (revenue +174.8% year-over-year).
2020: Revenue of $131K, expenses of $111K, and assets of $139K (revenue -18.8% year-over-year).
2019: Revenue of $162K, expenses of $151K, and assets of $119K (revenue +47.3% year-over-year).
2018: Revenue of $110K, expenses of $142K, and assets of $108K (revenue +45.0% year-over-year).
2017: Revenue of $76K, expenses of $146K, and assets of $141K (revenue -76.7% year-over-year).
2016: Revenue of $325K, expenses of $190K, and assets of $211K (revenue +219.8% year-over-year).
2015: Revenue of $102K, expenses of $101K, and assets of $75K (revenue +7.5% year-over-year).
2014: Revenue of $95K, expenses of $88K, and assets of $74K (revenue -26.8% year-over-year).
2013: Revenue of $129K, expenses of $111K, and assets of $67K (revenue +107.1% year-over-year).
2012: Revenue of $62K, expenses of $87K, and assets of $49K (revenue -8.0% year-over-year).
2011: Revenue of $68K, expenses of $95K, and assets of $74K.

Data Sources and Methodology

This transparency report for Isaac Bruce 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.