Ronnie & Gwen Briggs Foundation
Ronnie & Gwen Briggs Foundation frequently spends more than it earns, drawing down assets, with no reported officer compensation.
EIN: 200478943 · Abita Springs, LA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $447K |
| Total Expenses | $128K |
| Program Spending | 70% |
| Net Assets | $1.5M |
| Transparency Score | 65/100 |
Is Ronnie & Gwen Briggs Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ronnie & Gwen Briggs Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ronnie & Gwen Briggs Foundation
Ronnie & Gwen Briggs Foundation (EIN: 200478943) is a nonprofit organization based in Abita Springs, LA, classified under NTEE code T22. The organization reported total revenue of $447K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ronnie & Gwen Briggs Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ronnie & Gwen Briggs Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $128K |
| Surplus / Deficit | $-37,445 |
| Total Assets | $1.5M |
| Total Liabilities | $1 |
| Net Assets | $1.5M |
| Operating Margin | -41.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 141.5 months |
Financial Health Grade: B
In 2023, Ronnie & Gwen Briggs Foundation reported a deficit of $37K with expenses exceeding revenue, holds 141.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.6% | -36.7% | -8.5% |
| 2022 | -12.1% | -47.0% | -7.6% |
| 2021 | -92.8% | +41.5% | -14.6% |
| 2020 | +1219.5% | -5.5% | +59.1% |
| 2019 | +83.7% | +71.3% | -23.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Ronnie & Gwen Briggs Foundation with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Ronnie & Gwen Briggs Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation.
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 Ronnie & Gwen Briggs Foundation's IRS 990 filings:
- Frequent operating deficits where expenses exceed revenue (e.g., 2023, 2022, 2021, 2019, 2015).
- Significant fluctuations in annual revenue, indicating potential reliance on unpredictable funding sources.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full spending efficiency assessment.
Strengths
The following positive indicators were identified for Ronnie & Gwen Briggs Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the leadership level.
- Very low liabilities ($1 in recent years), suggesting strong debt management.
- Maintains a substantial asset base ($1,512,273 in 2023) despite operating deficits in several years.
Frequently Asked Questions about Ronnie & Gwen Briggs Foundation
Is Ronnie & Gwen Briggs Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ronnie & Gwen Briggs Foundation (EIN: 200478943) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Ronnie & Gwen Briggs Foundation spend its money?
Ronnie & Gwen Briggs Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ronnie & Gwen Briggs Foundation tax-deductible?
Ronnie & Gwen Briggs Foundation is registered as a tax-exempt nonprofit (EIN: 200478943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ronnie & Gwen Briggs Foundation's spending goes to programs?
Ronnie & Gwen Briggs Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Ronnie & Gwen Briggs Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ronnie & Gwen Briggs 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 Ronnie & Gwen Briggs Foundation located?
Ronnie & Gwen Briggs Foundation is headquartered in Abita Springs, Louisiana and files with the IRS under EIN 200478943. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ronnie & Gwen Briggs Foundation have?
Ronnie & Gwen Briggs Foundation 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 $447K in total revenue.
How does the foundation cover its expenses when revenue is significantly lower, as seen in 2023 ($90,798 revenue vs. $128,243 expenses)?
The foundation likely covers these deficits by drawing down on its accumulated assets, which have fluctuated significantly over time. For example, assets decreased from $1,652,048 in 2022 to $1,512,273 in 2023.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess the efficiency of spending in these areas.
What caused the significant revenue spike in 2020 ($1,052,864) compared to other years?
The provided data does not specify the source of the large revenue spike in 2020. This could be due to a large one-time donation, a significant investment gain, or other extraordinary income.
Filing History
IRS 990 filing history for Ronnie & Gwen Briggs Foundation showing financial trends over 10 years of public records:
Total assets increased by 56.7% over the same period, from $965K to $1.5M. Total functional expenses rose by 56.8%, from $82K to $128K. In its most recent filing year (2023), Ronnie & Gwen Briggs Foundation reported a deficit of $37K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $128K | $1.5M | $1 | — | — |
| 2022 | $66K | $203K | $1.7M | $1 | — | View 990 |
| 2021 | $76K | $382K | $1.8M | $1 | — | View 990 |
| 2020 | $1.1M | $270K | $2.1M | $1 | — | — |
| 2019 | $80K | $286K | $1.3M | $5K | — | View 990 |
| 2015 | $43K | $167K | $1.7M | $2K | — | View 990 |
| 2014 | $637K | $140K | $1.8M | $2K | — | View 990 |
| 2013 | $337K | $240K | $1.3M | $2K | — | View 990 |
| 2012 | $818K | $220K | $1.2M | $2K | — | View 990 |
| 2011 | $-46,487 | $82K | $965K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $128K, and assets of $1.5M (revenue +36.6% year-over-year).
- 2022: Revenue of $66K, expenses of $203K, and assets of $1.7M (revenue -12.1% year-over-year).
- 2021: Revenue of $76K, expenses of $382K, and assets of $1.8M (revenue -92.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $270K, and assets of $2.1M (revenue +1219.5% year-over-year).
- 2019: Revenue of $80K, expenses of $286K, and assets of $1.3M (revenue +83.7% year-over-year).
- 2015: Revenue of $43K, expenses of $167K, and assets of $1.7M (revenue -93.2% year-over-year).
- 2014: Revenue of $637K, expenses of $140K, and assets of $1.8M (revenue +89.1% year-over-year).
- 2013: Revenue of $337K, expenses of $240K, and assets of $1.3M (revenue -58.8% year-over-year).
- 2012: Revenue of $818K, expenses of $220K, and assets of $1.2M.
- 2011: Revenue of $-46,487, expenses of $82K, and assets of $965K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ronnie & Gwen Briggs Foundation:
Data Sources and Methodology
This transparency report for Ronnie & Gwen Briggs 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.