Terrence And Dorothy Brown Foundation
Small private foundation maintains stable assets with no officer compensation.
EIN: 202055558 · Schaumburg, IL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $556K |
| Total Expenses | $8K |
| Program Spending | 80% |
| Net Assets | $63K |
| Transparency Score | 85/100 |
Is Terrence And Dorothy Brown Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Terrence And Dorothy Brown Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Terrence And Dorothy Brown Foundation
Terrence And Dorothy Brown Foundation (EIN: 202055558) is a nonprofit organization based in Schaumburg, IL, classified under NTEE code T20. The organization reported total revenue of $556K and total assets of $271K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Terrence And Dorothy Brown Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Terrence And Dorothy Brown Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $8K |
| Surplus / Deficit | +$2K |
| Total Assets | $63K |
| Total Liabilities | $1 |
| Net Assets | $63K |
| Operating Margin | 22.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 94.0 months |
Financial Health Grade: A
In 2023, Terrence And Dorothy Brown Foundation reported a surplus of $2K with revenue exceeding expenses, holds 94.0 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), Terrence And Dorothy Brown Foundation's revenue has grown at a compound annual growth rate (CAGR) of 31.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +283.0% | +28.8% | +6.6% |
| 2022 | -73.4% | -39.4% | -30.6% |
| 2021 | +86.6% | +14.4% | -0.2% |
| 2020 | +2.6% | +38.8% | +12.8% |
| 2019 | +25.6% | +29.2% | +9.9% |
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 Terrence And Dorothy Brown Foundation 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Terrence And Dorothy Brown Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. 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:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is unpaid. This is a strong positive for a small organization, as it means all available funds are directed towards the foundation's mission or administrative costs, rather than salaries.
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 Terrence And Dorothy Brown Foundation:
- Consistent IRS 990 filing history (10 filings), indicating good transparency.
- 0% officer compensation reported across all filings, maximizing funds for mission.
- Minimal liabilities ($1 consistently reported), indicating strong financial health and no debt.
- Stable asset base for a small private foundation, demonstrating financial prudence.
Frequently Asked Questions about Terrence And Dorothy Brown Foundation
Is Terrence And Dorothy Brown Foundation a legitimate charity?
Terrence And Dorothy Brown Foundation (EIN: 202055558) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $556K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Terrence And Dorothy Brown Foundation spend its money?
Terrence And Dorothy Brown Foundation directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Terrence And Dorothy Brown Foundation tax-deductible?
Terrence And Dorothy Brown Foundation is registered as a tax-exempt nonprofit (EIN: 202055558). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Terrence And Dorothy Brown Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Terrence And Dorothy Brown Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Terrence And Dorothy Brown Foundation located?
Terrence And Dorothy Brown Foundation is headquartered in Schaumburg, Illinois and files with the IRS under EIN 202055558. It is classified under NTEE code T20.
How many years of IRS 990 filings does Terrence And Dorothy Brown Foundation have?
Terrence And Dorothy Brown 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 $556K in total revenue.
Is the Terrence And Dorothy Brown Foundation a good charity?
Based on the available data, the foundation appears to be a well-managed private foundation with stable finances and no executive compensation. Its consistent filing and low liabilities are positive indicators. However, as a private foundation, its primary function is grantmaking, and its 'goodness' would ultimately depend on the impact and effectiveness of the grants it distributes, which is not detailed in this data.
How does the foundation's asset growth compare to its revenue?
The foundation's assets have shown modest growth over the decade, from $64,669 in 2011 to $63,263 in 2023, with a peak of $85,694 in 2020. This growth is generally in line with its relatively low annual revenues, which have fluctuated but remained under $11,000 in most reported periods. The foundation has consistently maintained a positive asset base, indicating financial stability.
What is the trend in the foundation's revenue and expenses?
Revenue and expenses have remained relatively low and stable over the past decade. Revenue has ranged from $397 (2011) to $10,471 (2023), while expenses have ranged from $5,044 (2015) to $10,348 (2021). The foundation generally operates with a small surplus or deficit each year, reflecting its grantmaking nature rather than large-scale program operations.
Filing History
IRS 990 filing history for Terrence And Dorothy Brown Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Terrence And Dorothy Brown Foundation's revenue has grown by 2537.5%, moving from $397 to $10K. Total assets decreased by 2.2% over the same period, from $65K to $63K. Total functional expenses rose by 21.6%, from $7K to $8K. In its most recent filing year (2023), Terrence And Dorothy Brown Foundation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1 in liabilities against $63K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $63K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $8K | $63K | $1 | — | View 990 |
| 2022 | $3K | $6K | $59K | $1 | — | View 990 |
| 2021 | $10K | $10K | $85K | $1 | — | View 990 |
| 2020 | $6K | $9K | $86K | $1 | — | View 990 |
| 2019 | $5K | $7K | $76K | $1 | — | View 990 |
| 2015 | $4K | $5K | $69K | $1 | — | View 990 |
| 2014 | $6K | $6K | $74K | $1 | — | View 990 |
| 2013 | $4K | $6K | $78K | $1 | — | View 990 |
| 2012 | $1K | $7K | $69K | $1 | — | View 990 |
| 2011 | $397 | $7K | $65K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $8K, and assets of $63K (revenue +283.0% year-over-year).
- 2022: Revenue of $3K, expenses of $6K, and assets of $59K (revenue -73.4% year-over-year).
- 2021: Revenue of $10K, expenses of $10K, and assets of $85K (revenue +86.6% year-over-year).
- 2020: Revenue of $6K, expenses of $9K, and assets of $86K (revenue +2.6% year-over-year).
- 2019: Revenue of $5K, expenses of $7K, and assets of $76K (revenue +25.6% year-over-year).
- 2015: Revenue of $4K, expenses of $5K, and assets of $69K (revenue -22.9% year-over-year).
- 2014: Revenue of $6K, expenses of $6K, and assets of $74K (revenue +57.1% year-over-year).
- 2013: Revenue of $4K, expenses of $6K, and assets of $78K (revenue +180.2% year-over-year).
- 2012: Revenue of $1K, expenses of $7K, and assets of $69K (revenue +217.4% year-over-year).
- 2011: Revenue of $397, expenses of $7K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Terrence And Dorothy Brown Foundation:
Data Sources and Methodology
This transparency report for Terrence And Dorothy Brown 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.