James W & Carolyn Bray Charitable Sch Tr
EIN: 352162520 · Danville, IA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $25K |
| Net Assets | $250K |
Is James W & Carolyn Bray Charitable Sch Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About James W & Carolyn Bray Charitable Sch Tr
James W & Carolyn Bray Charitable Sch Tr (EIN: 352162520) is a nonprofit organization based in Danville, IA, classified under NTEE code B82. The organization reported total revenue of $11K and total assets of $244K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James W & Carolyn Bray Charitable Sch Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James W & Carolyn Bray Charitable Sch Tr is a micro nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $25K |
| Surplus / Deficit | $-19,042 |
| Total Assets | $250K |
| Total Liabilities | $1 |
| Net Assets | $250K |
| Operating Margin | -336.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 121.4 months |
Financial Health Grade: B
In 2023, James W & Carolyn Bray Charitable Sch Tr reported a deficit of $19K with expenses exceeding revenue, holds 121.4 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), James W & Carolyn Bray Charitable Sch Tr's revenue has declined at a compound annual growth rate (CAGR) of -8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.4% | +137.9% | -7.1% |
| 2022 | -3.4% | -39.0% | -2.6% |
| 2021 | -52.1% | +4.9% | -4.7% |
| 2020 | -5.9% | -13.3% | -3.0% |
| 2019 | -20.5% | +3.4% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for James W & Carolyn Bray Charitable Sch Tr 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 James W & Carolyn Bray Charitable Sch Tr 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 deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about James W & Carolyn Bray Charitable Sch Tr
Is James W & Carolyn Bray Charitable Sch Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, James W & Carolyn Bray Charitable Sch Tr (EIN: 352162520) insufficient data. 0 red flags identified, 0 strengths noted.
How does James W & Carolyn Bray Charitable Sch Tr spend its money?
Detailed spending breakdown data is not yet available for James W & Carolyn Bray Charitable Sch Tr. Check back for updated IRS 990 analysis.
Are donations to James W & Carolyn Bray Charitable Sch Tr tax-deductible?
James W & Carolyn Bray Charitable Sch Tr is registered as a tax-exempt nonprofit (EIN: 352162520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is James W & Carolyn Bray Charitable Sch Tr located?
James W & Carolyn Bray Charitable Sch Tr is headquartered in Danville, Iowa and files with the IRS under EIN 352162520. It is classified under NTEE code B82.
How many years of IRS 990 filings does James W & Carolyn Bray Charitable Sch Tr have?
James W & Carolyn Bray Charitable Sch Tr 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 $11K in total revenue.
Filing History
IRS 990 filing history for James W & Carolyn Bray Charitable Sch Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James W & Carolyn Bray Charitable Sch Tr's revenue has declined by 65%, moving from $16K to $6K. Total assets decreased by 31.7% over the same period, from $366K to $250K. Total functional expenses rose by 33.7%, from $18K to $25K. In its most recent filing year (2023), James W & Carolyn Bray Charitable Sch Tr reported a deficit of $19K, with expenses exceeding revenue. The organization holds $1 in liabilities against $250K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $250K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $25K | $250K | $1 | — | — |
| 2022 | $3K | $10K | $269K | $1 | — | View 990 |
| 2021 | $3K | $17K | $276K | $1 | — | View 990 |
| 2020 | $7K | $16K | $290K | $1 | — | View 990 |
| 2019 | $8K | $19K | $299K | $1 | — | View 990 |
| 2015 | $10K | $18K | $334K | $1 | — | View 990 |
| 2014 | $10K | $18K | $342K | $1 | — | View 990 |
| 2013 | $11K | $21K | $349K | $1 | — | View 990 |
| 2012 | $11K | $18K | $359K | $1 | — | View 990 |
| 2011 | $16K | $18K | $366K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $25K, and assets of $250K (revenue +69.4% year-over-year).
- 2022: Revenue of $3K, expenses of $10K, and assets of $269K (revenue -3.4% year-over-year).
- 2021: Revenue of $3K, expenses of $17K, and assets of $276K (revenue -52.1% year-over-year).
- 2020: Revenue of $7K, expenses of $16K, and assets of $290K (revenue -5.9% year-over-year).
- 2019: Revenue of $8K, expenses of $19K, and assets of $299K (revenue -20.5% year-over-year).
- 2015: Revenue of $10K, expenses of $18K, and assets of $334K (revenue -5.0% year-over-year).
- 2014: Revenue of $10K, expenses of $18K, and assets of $342K (revenue -7.3% year-over-year).
- 2013: Revenue of $11K, expenses of $21K, and assets of $349K (revenue +2.4% year-over-year).
- 2012: Revenue of $11K, expenses of $18K, and assets of $359K (revenue -33.8% year-over-year).
- 2011: Revenue of $16K, expenses of $18K, and assets of $366K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James W & Carolyn Bray Charitable Sch Tr:
Data Sources and Methodology
This transparency report for James W & Carolyn Bray Charitable Sch Tr 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.