The@Melvin And Bren Simon Charitable Foundation Number One
EIN: 352049367 · Carbondale, CO · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $1.1M |
| Net Assets | $17.3M |
Is The@Melvin And Bren Simon Charitable Foundation Number One Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The@Melvin And Bren Simon Charitable Foundation Number One
The@Melvin And Bren Simon Charitable Foundation Number One (EIN: 352049367) is a nonprofit organization based in Carbondale, CO, classified under NTEE code T20Z. The organization reported total revenue of $2.9M and total assets of $17.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Melvin And Bren Simon Charitable Foundation Number One's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The@Melvin And Bren Simon Charitable Foundation Number One is a mid-size nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $924K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-223,185 |
| Total Assets | $17.3M |
| Total Liabilities | $1 |
| Net Assets | $17.3M |
| Operating Margin | -24.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 181.1 months |
Financial Health Grade: B
In 2023, The@Melvin And Bren Simon Charitable Foundation Number One reported a deficit of $223K with expenses exceeding revenue, holds 181.1 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 | -75.7% | +52.8% | -1.4% |
| 2022 | -29.0% | -81.8% | +25.9% |
| 2021 | +1162.2% | +120.5% | +10.0% |
| 2020 | -24.4% | +401.1% | -12.2% |
| 2019 | +74.0% | -83.4% | -16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The@Melvin And Bren Simon Charitable Foundation Number One has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The@Melvin And Bren Simon Charitable Foundation Number One with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $223K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The@Melvin And Bren Simon Charitable Foundation Number One
Is The@Melvin And Bren Simon Charitable Foundation Number One a legitimate charity?
The@Melvin And Bren Simon Charitable Foundation Number One (EIN: 352049367) is a registered tax-exempt nonprofit based in Colorado. It has 11 years of IRS 990 filings on record. Total revenue: $2.9M. No red flags identified. Financial health grade: B.
How does The@Melvin And Bren Simon Charitable Foundation Number One spend its money?
The@Melvin And Bren Simon Charitable Foundation Number One reported $2.9M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The@Melvin And Bren Simon Charitable Foundation Number One tax-deductible?
The@Melvin And Bren Simon Charitable Foundation Number One is registered as a tax-exempt nonprofit (EIN: 352049367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The@Melvin And Bren Simon Charitable Foundation Number One located?
The@Melvin And Bren Simon Charitable Foundation Number One is headquartered in Carbondale, Colorado and files with the IRS under EIN 352049367. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does The@Melvin And Bren Simon Charitable Foundation Number One have?
The@Melvin And Bren Simon Charitable Foundation Number One 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 $2.9M in total revenue.
Filing History
IRS 990 filing history for The@Melvin And Bren Simon Charitable Foundation Number One showing financial trends over 11 years of public records:
Total assets decreased by 30.3% over the same period, from $24.8M to $17.3M. Total functional expenses fell by 57%, from $2.7M to $1.1M. In its most recent filing year (2023), The@Melvin And Bren Simon Charitable Foundation Number One reported a deficit of $223K, with expenses exceeding revenue. The organization holds $1 in liabilities against $17.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $924K | $1.1M | $17.3M | $1 | — | — |
| 2022 | $3.8M | $751K | $17.6M | $1 | — | View 990 |
| 2021 | $5.4M | $4.1M | $13.9M | $1 | — | View 990 |
| 2020 | $425K | $1.9M | $12.7M | $1 | — | — |
| 2019 | $562K | $374K | $14.4M | $1 | — | View 990 |
| 2015 | $323K | $2.3M | $17.3M | $1.2M | — | View 990 |
| 2014 | $500K | $2.9M | $19.4M | $1.4M | — | View 990 |
| 2013 | $1.8M | $3.9M | $20.6M | $205K | — | View 990 |
| 2012 | $1.4M | $2.6M | $22.5M | $1 | — | View 990 |
| 2011 | $2.9M | $3.9M | $23.7M | $0 | — | View 990 |
| 2010 | $-731,176 | $2.7M | $24.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $924K, expenses of $1.1M, and assets of $17.3M (revenue -75.7% year-over-year).
- 2022: Revenue of $3.8M, expenses of $751K, and assets of $17.6M (revenue -29.0% year-over-year).
- 2021: Revenue of $5.4M, expenses of $4.1M, and assets of $13.9M (revenue +1162.2% year-over-year).
- 2020: Revenue of $425K, expenses of $1.9M, and assets of $12.7M (revenue -24.4% year-over-year).
- 2019: Revenue of $562K, expenses of $374K, and assets of $14.4M (revenue +74.0% year-over-year).
- 2015: Revenue of $323K, expenses of $2.3M, and assets of $17.3M (revenue -35.3% year-over-year).
- 2014: Revenue of $500K, expenses of $2.9M, and assets of $19.4M (revenue -72.2% year-over-year).
- 2013: Revenue of $1.8M, expenses of $3.9M, and assets of $20.6M (revenue +32.9% year-over-year).
- 2012: Revenue of $1.4M, expenses of $2.6M, and assets of $22.5M (revenue -52.8% year-over-year).
- 2011: Revenue of $2.9M, expenses of $3.9M, and assets of $23.7M.
- 2010: Revenue of $-731,176, expenses of $2.7M, and assets of $24.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The@Melvin And Bren Simon Charitable Foundation Number One:
Data Sources and Methodology
This transparency report for The@Melvin And Bren Simon Charitable Foundation Number One 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.