The Craig & Vicki Brown Family Foundation Inc
The Craig & Vicki Brown Family Foundation maintains stable assets and reports no officer compensation.
EIN: 161689348 · Greenville, SC · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $285K |
| Program Spending | 90% |
| Net Assets | $3.4M |
| Transparency Score | 85/100 |
Is The Craig & Vicki Brown Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Craig & Vicki Brown Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Craig & Vicki Brown Family Foundation Inc
The Craig & Vicki Brown Family Foundation Inc (EIN: 161689348) is a nonprofit organization based in Greenville, SC, classified under NTEE code T22. The organization reported total revenue of $1.8M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Craig & Vicki Brown Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Craig & Vicki Brown Family Foundation Inc is a mid-size 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 -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $276K |
| Total Expenses | $285K |
| Surplus / Deficit | $-8,110 |
| Total Assets | $3.4M |
| Total Liabilities | $1 |
| Net Assets | $3.4M |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 141.3 months |
Financial Health Grade: B
In 2023, The Craig & Vicki Brown Family Foundation Inc reported a deficit of $8K with expenses exceeding revenue, holds 141.3 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), The Craig & Vicki Brown Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | -33.1% | -0.4% |
| 2022 | -31.2% | +43.8% | -4.1% |
| 2021 | +47.2% | -28.0% | +3.3% |
| 2020 | -31.4% | +4.3% | -3.8% |
| 2019 | -40.8% | +34.3% | -16.5% |
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 The Craig & Vicki Brown Family Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Craig & Vicki Brown Family Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, 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 no salaries are paid to executives, which is highly favorable for directing funds towards its mission.
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 The Craig & Vicki Brown Family Foundation Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in summary data
Strengths
The following positive indicators were identified for The Craig & Vicki Brown Family Foundation Inc:
- Consistent reporting of 0% officer compensation
- Stable asset base over a decade (e.g., $3,661,884 latest assets)
- Minimal liabilities ($1 in most recent filings)
- Long history of IRS 990 filings (10 filings)
- Significant latest revenue ($1,764,375) indicating potential for increased grantmaking
Frequently Asked Questions about The Craig & Vicki Brown Family Foundation Inc
Is The Craig & Vicki Brown Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Craig & Vicki Brown Family Foundation Inc (EIN: 161689348) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does The Craig & Vicki Brown Family Foundation Inc spend its money?
The Craig & Vicki Brown Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Craig & Vicki Brown Family Foundation Inc tax-deductible?
The Craig & Vicki Brown Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161689348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Craig & Vicki Brown Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Craig & Vicki Brown Family Foundation Inc 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 The Craig & Vicki Brown Family Foundation Inc located?
The Craig & Vicki Brown Family Foundation Inc is headquartered in Greenville, South Carolina and files with the IRS under EIN 161689348. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Craig & Vicki Brown Family Foundation Inc have?
The Craig & Vicki Brown Family Foundation Inc 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 $1.8M in total revenue.
Is The Craig & Vicki Brown Family Foundation Inc a good charity?
Based on the available data, the foundation appears to be a well-managed private grantmaking organization. It maintains a healthy asset base (latest $3,661,884), consistently reports $0 in officer compensation, and has minimal liabilities ($1 in most recent filings). These factors suggest strong financial stewardship and a focus on its charitable purpose.
How does the foundation's revenue compare to its expenses?
Revenue has generally exceeded expenses in most periods, contributing to asset growth. For example, in 2021, revenue was $408,306 while expenses were $295,582. However, there have been periods where expenses slightly exceeded revenue, such as in 2023 ($276,483 revenue vs. $284,593 expenses) and 2022 ($280,838 revenue vs. $425,139 expenses), which is not uncommon for foundations managing endowments.
What is the trend in the foundation's assets?
The foundation's assets have remained relatively stable over the past decade, generally fluctuating between $3.3 million and $4.2 million. The latest reported assets are $3,661,884, indicating a consistent financial base for its operations.
Filing History
IRS 990 filing history for The Craig & Vicki Brown Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Craig & Vicki Brown Family Foundation Inc's revenue has declined by 51.7%, moving from $572K to $276K. Total assets increased by 12.8% over the same period, from $3.0M to $3.4M. Total functional expenses rose by 73.6%, from $164K to $285K. In its most recent filing year (2023), The Craig & Vicki Brown Family Foundation Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $276K | $285K | $3.4M | $1 | — | — |
| 2022 | $281K | $425K | $3.4M | $1 | — | View 990 |
| 2021 | $408K | $296K | $3.5M | $1 | — | View 990 |
| 2020 | $277K | $410K | $3.4M | $1 | — | — |
| 2019 | $404K | $393K | $3.5M | $1 | — | View 990 |
| 2015 | $682K | $293K | $4.2M | $1 | — | View 990 |
| 2014 | $550K | $269K | $3.8M | $1 | — | View 990 |
| 2013 | $752K | $240K | $3.8M | $1 | — | View 990 |
| 2012 | $818K | $172K | $3.5M | $1 | — | View 990 |
| 2011 | $572K | $164K | $3.0M | $76K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $276K, expenses of $285K, and assets of $3.4M (revenue -1.6% year-over-year).
- 2022: Revenue of $281K, expenses of $425K, and assets of $3.4M (revenue -31.2% year-over-year).
- 2021: Revenue of $408K, expenses of $296K, and assets of $3.5M (revenue +47.2% year-over-year).
- 2020: Revenue of $277K, expenses of $410K, and assets of $3.4M (revenue -31.4% year-over-year).
- 2019: Revenue of $404K, expenses of $393K, and assets of $3.5M (revenue -40.8% year-over-year).
- 2015: Revenue of $682K, expenses of $293K, and assets of $4.2M (revenue +24.1% year-over-year).
- 2014: Revenue of $550K, expenses of $269K, and assets of $3.8M (revenue -26.9% year-over-year).
- 2013: Revenue of $752K, expenses of $240K, and assets of $3.8M (revenue -8.0% year-over-year).
- 2012: Revenue of $818K, expenses of $172K, and assets of $3.5M (revenue +43.0% year-over-year).
- 2011: Revenue of $572K, expenses of $164K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Craig & Vicki Brown Family Foundation Inc:
Data Sources and Methodology
This transparency report for The Craig & Vicki Brown Family Foundation 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.