Morris Braun Foundation
Morris Braun Foundation maintains stable assets and low expenses with volunteer leadership.
EIN: 201921857 · Evansville, IN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $192K |
| Program Spending | 90% |
| Net Assets | $2.9M |
| Transparency Score | 90/100 |
Is Morris Braun Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morris Braun Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morris Braun Foundation
Morris Braun Foundation (EIN: 201921857) is a nonprofit organization based in Evansville, IN, classified under NTEE code T22. The organization reported total revenue of $1.2M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morris Braun Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morris Braun Foundation is a mid-size nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $184K |
| Total Expenses | $192K |
| Surplus / Deficit | $-7,118 |
| Total Assets | $2.9M |
| Total Liabilities | $1 |
| Net Assets | $2.9M |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 181.3 months |
Financial Health Grade: B
In 2024, Morris Braun Foundation reported a deficit of $7K with expenses exceeding revenue, holds 181.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Morris Braun Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -3.2% | -24.7% | +1.7% |
| 2023 | -45.1% | +5.7% | -2.2% |
| 2022 | +10.7% | +17.8% | +3.8% |
| 2021 | -13.9% | +13.0% | +4.0% |
| 2020 | +80.4% | -1.3% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Morris Braun Foundation with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Morris Braun Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Morris Braun Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its 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.
Strengths
The following positive indicators were identified for Morris Braun Foundation:
- Consistent asset growth, from $1.6M in 2012 to $2.8M in 2024.
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Extremely low liabilities ($1 across all filings), demonstrating strong financial health.
- Efficient expense management, with annual expenses typically below $200,000.
- Strong program focus implied by low administrative and fundraising costs.
Frequently Asked Questions about Morris Braun Foundation
Is Morris Braun Foundation a legitimate charity?
Morris Braun Foundation (EIN: 201921857) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Morris Braun Foundation spend its money?
Morris Braun Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Morris Braun Foundation tax-deductible?
Morris Braun Foundation is registered as a tax-exempt nonprofit (EIN: 201921857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Morris Braun Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Morris Braun Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Morris Braun Foundation located?
Morris Braun Foundation is headquartered in Evansville, Indiana and files with the IRS under EIN 201921857. It is classified under NTEE code T22.
How many years of IRS 990 filings does Morris Braun Foundation have?
Morris Braun Foundation has 11 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 $1.2M in total revenue.
Is the Morris Braun Foundation financially stable?
Yes, the foundation is financially stable, consistently growing its assets from $1,610,434 in 2012 to $2,895,010 in 2024, while maintaining very low liabilities ($1).
Does the Morris Braun Foundation spend efficiently?
Yes, the foundation appears to spend very efficiently, with annual expenses typically below $200,000, and consistently reporting 0% officer compensation.
What is the trend in the foundation's revenue?
The foundation's revenue has fluctuated, with a high of $934,880 in 2015, but has generally been in the range of $150,000-$350,000 in recent years, with the latest reported revenue at $184,494.
Filing History
IRS 990 filing history for Morris Braun Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Morris Braun Foundation's revenue has grown by 53.8%, moving from $120K to $184K. Total assets increased by 87% over the same period, from $1.5M to $2.9M. Total functional expenses rose by 147.4%, from $77K to $192K. In its most recent filing year (2024), Morris Braun Foundation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $184K | $192K | $2.9M | $1 | — | — |
| 2023 | $190K | $254K | $2.8M | $1 | — | View 990 |
| 2022 | $347K | $241K | $2.9M | $1 | — | View 990 |
| 2021 | $313K | $204K | $2.8M | $1 | — | View 990 |
| 2020 | $364K | $181K | $2.7M | $1 | — | — |
| 2019 | $202K | $183K | $2.5M | $1 | — | View 990 |
| 2015 | $935K | $192K | $2.4M | $1 | — | View 990 |
| 2014 | $191K | $125K | $1.7M | $1 | — | View 990 |
| 2013 | $150K | $143K | $1.6M | $1 | — | View 990 |
| 2012 | $158K | $95K | $1.6M | $1 | — | View 990 |
| 2011 | $120K | $77K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $184K, expenses of $192K, and assets of $2.9M (revenue -3.2% year-over-year).
- 2023: Revenue of $190K, expenses of $254K, and assets of $2.8M (revenue -45.1% year-over-year).
- 2022: Revenue of $347K, expenses of $241K, and assets of $2.9M (revenue +10.7% year-over-year).
- 2021: Revenue of $313K, expenses of $204K, and assets of $2.8M (revenue -13.9% year-over-year).
- 2020: Revenue of $364K, expenses of $181K, and assets of $2.7M (revenue +80.4% year-over-year).
- 2019: Revenue of $202K, expenses of $183K, and assets of $2.5M (revenue -78.4% year-over-year).
- 2015: Revenue of $935K, expenses of $192K, and assets of $2.4M (revenue +388.5% year-over-year).
- 2014: Revenue of $191K, expenses of $125K, and assets of $1.7M (revenue +27.8% year-over-year).
- 2013: Revenue of $150K, expenses of $143K, and assets of $1.6M (revenue -5.1% year-over-year).
- 2012: Revenue of $158K, expenses of $95K, and assets of $1.6M (revenue +31.5% year-over-year).
- 2011: Revenue of $120K, expenses of $77K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morris Braun Foundation:
Data Sources and Methodology
This transparency report for Morris Braun 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.