This Is My Brave Inc
This Is My Brave Inc faces sustained operating deficits and declining assets.
EIN: 208944419 · Chesterfield, VA · NTEE: E80 · Updated: 2026-03-28
Is This Is My Brave Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
This Is My Brave Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About This Is My Brave Inc
This Is My Brave Inc (EIN: 208944419) is a nonprofit organization based in Chesterfield, VA, classified under NTEE code E80. The organization reported total revenue of $219K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of This Is My Brave Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates This Is My Brave Inc with a Mission Score of 55 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, This Is My Brave Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation, which is a positive sign for a nonprofit of its size, suggesting resources are directed elsewhere.
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 This Is My Brave Inc's IRS 990 filings:
- Sustained operating deficits for four consecutive years (2020-2023), with expenses significantly exceeding revenue.
- Significant decline in total assets from $426,770 in 2021 to $154,666 in 2023.
- Revenue has decreased by over 42% from its peak in 2019 ($648,960) to 2023 ($341,770).
Strengths
The following positive indicators were identified for This Is My Brave Inc:
- Consistent reporting of 0% officer compensation, indicating a commitment to directing funds to programs.
- Demonstrated ability to raise significant funds in prior years, with revenue reaching over $648,000 in 2019.
Frequently Asked Questions about This Is My Brave Inc
Is This Is My Brave Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, This Is My Brave Inc (EIN: 208944419) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does This Is My Brave Inc spend its money?
This Is My Brave Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to This Is My Brave Inc tax-deductible?
This Is My Brave Inc is registered as a tax-exempt nonprofit (EIN: 208944419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is This Is My Brave Inc financially sustainable given its recent operating deficits?
The organization has reported expenses exceeding revenue for the past four years (2020-2023), with a deficit of $160,798 in 2023 alone. This trend raises concerns about its long-term financial sustainability without significant changes to its revenue generation or expense management.
What is the cause of the significant decline in assets from $426,770 in 2021 to $154,666 in 2023?
The decline in assets is likely a direct result of the sustained operating deficits, where expenses have consistently outpaced revenue, requiring the organization to draw down its reserves to cover operational costs.
How does the organization plan to address the decreasing revenue trend since 2021?
The provided data does not detail specific plans, but the organization would need to implement strategies to reverse the decline in revenue, which fell from $592,421 in 2021 to $341,770 in 2023.
Filing History
IRS 990 filing history for This Is My Brave Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), This Is My Brave Inc's revenue has grown by 922.6%, moving from $33K to $342K. Total assets increased by 25.8% over the same period, from $123K to $155K. Total functional expenses rose by 181.2%, from $179K to $503K. In its most recent filing year (2023), This Is My Brave Inc reported a deficit of $161K, with expenses exceeding revenue. The organization holds $39K in liabilities against $155K in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $116K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $342K | $503K | $155K | $39K | — | — |
| 2022 | $471K | $566K | $352K | $75K | — | View 990 |
| 2021 | $592K | $551K | $427K | $55K | — | View 990 |
| 2020 | $361K | $526K | $374K | $248K | — | View 990 |
| 2019 | $649K | $669K | $305K | $15K | — | View 990 |
| 2018 | $497K | $481K | $324K | $163K | — | View 990 |
| 2017 | $253K | $209K | $346K | $201K | — | — |
| 2016 | $139K | $67K | $100K | $0 | — | View 990 |
| 2015 | $70K | $51K | $30K | $945 | — | View 990 |
| 2011 | $33K | $179K | $123K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $342K, expenses of $503K, and assets of $155K (revenue -27.4% year-over-year).
- 2022: Revenue of $471K, expenses of $566K, and assets of $352K (revenue -20.5% year-over-year).
- 2021: Revenue of $592K, expenses of $551K, and assets of $427K (revenue +63.9% year-over-year).
- 2020: Revenue of $361K, expenses of $526K, and assets of $374K (revenue -44.3% year-over-year).
- 2019: Revenue of $649K, expenses of $669K, and assets of $305K (revenue +30.6% year-over-year).
- 2018: Revenue of $497K, expenses of $481K, and assets of $324K (revenue +96.1% year-over-year).
- 2017: Revenue of $253K, expenses of $209K, and assets of $346K (revenue +82.1% year-over-year).
- 2016: Revenue of $139K, expenses of $67K, and assets of $100K (revenue +99.1% year-over-year).
- 2015: Revenue of $70K, expenses of $51K, and assets of $30K (revenue +109.1% year-over-year).
- 2011: Revenue of $33K, expenses of $179K, and assets of $123K.
Data Sources and Methodology
This transparency report for This Is My Brave 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.