Mazel U Brocha Foundation
Mazel U Brocha Foundation reports negative revenue in recent years amidst declining assets.
EIN: 161780620 · Denver, CO · NTEE: T20 · Updated: 2026-03-28
Is Mazel U Brocha Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mazel U Brocha Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mazel U Brocha Foundation
Mazel U Brocha Foundation (EIN: 161780620) is a nonprofit organization based in Denver, CO, classified under NTEE code T20. The organization reported total revenue of $1.0M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mazel U Brocha Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mazel U Brocha Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -108.0% | -22.5% | -18.5% |
| 2021 | +33.7% | +10.0% | +41.2% |
| 2020 | +383.0% | +35.1% | +36.6% |
| 2019 | -2.2% | -44.8% | -37.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Mazel U Brocha Foundation with a Mission Score of 55 out of 100 (Fair). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Mazel U Brocha Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization with over $1 million in assets and significant expenses, suggesting either volunteer leadership or compensation being reported under other expense categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mazel U Brocha Foundation's IRS 990 filings:
- Negative revenue reported in 2023 ($-8,166) and 2022 ($-63,292), which is highly unusual and concerning.
- Significant decline in total assets from $2.7 million in 2011 to $1.2 million in 2023, indicating a potential draw-down of reserves.
- Consistent 0% officer compensation reported, which is atypical for an organization of this size and could mask how leadership is compensated or indicate a fully volunteer-run structure.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
- Inconsistent revenue generation over the past decade, with large swings from $2 million in 2011 to negative figures in recent years.
Strengths
The following positive indicators were identified for Mazel U Brocha Foundation:
- Consistent filing of IRS Form 990s, indicating adherence to reporting requirements.
- Maintained over $1.2 million in assets as of the latest filing, providing some financial stability despite recent revenue issues.
- Low reported liabilities ($12,000 in 2023), suggesting a healthy balance sheet in terms of debt.
- NTEE code T20 (Jewish Federations & United Funds) suggests a focus on supporting a specific community, which can foster strong donor loyalty.
Frequently Asked Questions about Mazel U Brocha Foundation
Is Mazel U Brocha Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mazel U Brocha Foundation (EIN: 161780620) some concerns. Mission Score: 55/100. 5 red flags identified, 4 strengths noted.
How does Mazel U Brocha Foundation spend its money?
Mazel U Brocha Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mazel U Brocha Foundation tax-deductible?
Mazel U Brocha Foundation is registered as a tax-exempt nonprofit (EIN: 161780620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did the organization report negative revenue in 2023 and 2022?
The filings show revenue of $-8,166 in 2023 and $-63,292 in 2022. This is highly unusual and could indicate significant returns, accounting adjustments, or other non-standard income events that require a detailed review of the full 990 forms to understand.
How does the organization fund its operations with negative revenue?
In years with negative revenue, the organization likely covered expenses using accumulated assets or other non-revenue income sources. For example, in 2023, with $-8,166 in revenue and $167,407 in expenses, the difference would have been drawn from existing assets.
What is the breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for assessing spending efficiency and is typically available in the full IRS Form 990.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation suggests that either the leadership is entirely volunteer-based, or compensation is being reported under different expense lines, which would require further investigation of the detailed 990 forms.
What caused the significant decline in assets from $2.7 million in 2011 to $1.2 million in 2023?
The organization's assets have decreased substantially from $2,769,629 in 2011 to $1,215,129 in 2023. This decline could be due to consistent spending exceeding revenue, investment losses, or significant distributions, especially in years with negative revenue.
Filing History
IRS 990 filing history for Mazel U Brocha Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mazel U Brocha Foundation's revenue has declined by 100.4%, moving from $2.1M to $-8,166. Total assets decreased by 56.1% over the same period, from $2.8M to $1.2M. Total functional expenses fell by 65.2%, from $481K to $167K. The organization holds $12K in liabilities against $1.2M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-8,166 | $167K | $1.2M | $12K | — | — |
| 2022 | $-63,292 | $233K | $1.4M | $1 | — | View 990 |
| 2021 | $795K | $301K | $1.7M | $1 | — | View 990 |
| 2020 | $595K | $274K | $1.2M | $1 | — | View 990 |
| 2019 | $123K | $203K | $877K | $0 | — | View 990 |
| 2015 | $126K | $367K | $1.4M | $0 | — | View 990 |
| 2014 | $266K | $595K | $1.6M | $0 | — | View 990 |
| 2013 | $152K | $519K | $2.0M | $0 | — | View 990 |
| 2012 | $54K | $494K | $2.3M | $0 | — | View 990 |
| 2011 | $2.1M | $481K | $2.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-8,166, expenses of $167K, and assets of $1.2M.
- 2022: Revenue of $-63,292, expenses of $233K, and assets of $1.4M (revenue -108.0% year-over-year).
- 2021: Revenue of $795K, expenses of $301K, and assets of $1.7M (revenue +33.7% year-over-year).
- 2020: Revenue of $595K, expenses of $274K, and assets of $1.2M (revenue +383.0% year-over-year).
- 2019: Revenue of $123K, expenses of $203K, and assets of $877K (revenue -2.2% year-over-year).
- 2015: Revenue of $126K, expenses of $367K, and assets of $1.4M (revenue -52.8% year-over-year).
- 2014: Revenue of $266K, expenses of $595K, and assets of $1.6M (revenue +75.1% year-over-year).
- 2013: Revenue of $152K, expenses of $519K, and assets of $2.0M (revenue +179.6% year-over-year).
- 2012: Revenue of $54K, expenses of $494K, and assets of $2.3M (revenue -97.4% year-over-year).
- 2011: Revenue of $2.1M, expenses of $481K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mazel U Brocha Foundation:
Data Sources and Methodology
This transparency report for Mazel U Brocha 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.