Retail Brokers Network Inc
Retail Brokers Network Inc. shows recent operating deficits but maintains strong asset base with no executive compensation.
EIN: 204437142 · New Castle, DE · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $689K |
| Total Expenses | $557K |
| Program Spending | 85% |
| Net Assets | $181K |
| Transparency Score | 85/100 |
Is Retail Brokers Network Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Retail Brokers Network Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Retail Brokers Network Inc
Retail Brokers Network Inc (EIN: 204437142) is a nonprofit organization based in New Castle, DE, classified under NTEE code S41. The organization reported total revenue of $689K and total assets of $475K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Retail Brokers Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Retail Brokers Network Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $509K |
| Total Expenses | $557K |
| Surplus / Deficit | $-47,409 |
| Total Assets | $181K |
| Net Assets | $181K |
| Operating Margin | -9.3% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Retail Brokers Network Inc reported a deficit of $47K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Retail Brokers Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.2% | +11.5% | -20.7% |
| 2022 | +34.4% | +137.3% | -18.9% |
| 2021 | -0.6% | +19.3% | +75.5% |
| 2020 | -23.0% | -60.1% | +4562.2% |
| 2019 | +247.7% | +281.7% | -71.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Retail Brokers Network Inc with a Mission Score of 85 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Retail Brokers Network Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly favorable for minimizing administrative costs.
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 Retail Brokers Network Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), indicating recent operating deficits.
Strengths
The following positive indicators were identified for Retail Brokers Network Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in executive pay.
- No reported liabilities in recent years, demonstrating strong financial management and low debt risk.
- Significant asset growth over time, from $3,446 in 2019 to $474,562 currently.
- Long and consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.
Frequently Asked Questions about Retail Brokers Network Inc
Is Retail Brokers Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Retail Brokers Network Inc (EIN: 204437142) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Retail Brokers Network Inc spend its money?
Retail Brokers Network Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Retail Brokers Network Inc tax-deductible?
Retail Brokers Network Inc is registered as a tax-exempt nonprofit (EIN: 204437142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Retail Brokers Network Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Retail Brokers Network Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Retail Brokers Network Inc located?
Retail Brokers Network Inc is headquartered in New Castle, Delaware and files with the IRS under EIN 204437142. It is classified under NTEE code S41.
How many years of IRS 990 filings does Retail Brokers Network Inc have?
Retail Brokers Network Inc has 13 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 $689K in total revenue.
Is Retail Brokers Network Inc. financially stable?
Yes, despite recent operating deficits in 2022 and 2023 where expenses exceeded revenue, the organization maintains a strong asset base of $474,562 and has reported $0 in liabilities in recent years, indicating overall financial stability.
How does Retail Brokers Network Inc. manage executive compensation?
The organization reports 0% officer compensation across all 13 available filings, meaning no officers receive salaries or benefits from the organization, which is a strong indicator of efficient resource allocation.
Has the organization experienced growth in recent years?
Yes, the organization has seen significant revenue growth, from $33,703 in 2017 to $509,353 in 2023, and assets have grown from $39,451 in 2017 to $474,562 currently, despite some fluctuations.
Filing History
IRS 990 filing history for Retail Brokers Network Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Retail Brokers Network Inc's revenue has grown by 961.9%, moving from $48K to $509K. Total assets increased by 1690% over the same period, from $10K to $181K. Total functional expenses rose by 1144.4%, from $45K to $557K. In its most recent filing year (2023), Retail Brokers Network Inc reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $509K | $557K | $181K | $0 | — | View 990 |
| 2022 | $446K | $499K | $229K | $0 | — | View 990 |
| 2021 | $332K | $210K | $282K | $0 | — | View 990 |
| 2020 | $334K | $176K | $161K | $0 | — | — |
| 2019 | $433K | $442K | $3K | $0 | — | View 990 |
| 2018 | $125K | $116K | $12K | $0 | — | View 990 |
| 2017 | $34K | $40K | $39K | $36K | — | View 990 |
| 2016 | $30K | $36K | $63K | $54K | — | View 990 |
| 2015 | $35K | $29K | $73K | $57K | — | View 990 |
| 2014 | $31K | $37K | $57K | $47K | — | View 990 |
| 2013 | $35K | $33K | $64K | $48K | — | View 990 |
| 2012 | $36K | $30K | $22K | $8K | — | View 990 |
| 2011 | $48K | $45K | $10K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $509K, expenses of $557K, and assets of $181K (revenue +14.2% year-over-year).
- 2022: Revenue of $446K, expenses of $499K, and assets of $229K (revenue +34.4% year-over-year).
- 2021: Revenue of $332K, expenses of $210K, and assets of $282K (revenue -0.6% year-over-year).
- 2020: Revenue of $334K, expenses of $176K, and assets of $161K (revenue -23.0% year-over-year).
- 2019: Revenue of $433K, expenses of $442K, and assets of $3K (revenue +247.7% year-over-year).
- 2018: Revenue of $125K, expenses of $116K, and assets of $12K (revenue +269.8% year-over-year).
- 2017: Revenue of $34K, expenses of $40K, and assets of $39K (revenue +12.7% year-over-year).
- 2016: Revenue of $30K, expenses of $36K, and assets of $63K (revenue -15.8% year-over-year).
- 2015: Revenue of $35K, expenses of $29K, and assets of $73K (revenue +15.4% year-over-year).
- 2014: Revenue of $31K, expenses of $37K, and assets of $57K (revenue -10.9% year-over-year).
- 2013: Revenue of $35K, expenses of $33K, and assets of $64K (revenue -4.6% year-over-year).
- 2012: Revenue of $36K, expenses of $30K, and assets of $22K (revenue -24.6% year-over-year).
- 2011: Revenue of $48K, expenses of $45K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Retail Brokers Network Inc:
Data Sources and Methodology
This transparency report for Retail Brokers Network Inc 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.