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

$219KRevenue
$9KAssets
55/100Mission Score (Fair)
E80

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This Is My Brave Inc Financial Summary
MetricValue
Total Revenue$219K
Total Expenses$503K
Program Spending75%
Net Assets$116K
Transparency Score55/100

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This Is My Brave Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

This Is My Brave Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around This Is My Brave Inc in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $342K and expenses of $503K.

Revenue and Expenses

This Is My Brave Inc reported $342K in revenue and $503K in expenses, a deficit of $161K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

55/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.

Is This Is My Brave Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
75%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

This Is My Brave Inc Expense Deployment
Program services$377K (75%)

Across stored filings, This Is My Brave Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend75% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Association Of Small Business Development CentersVirginia and Health context

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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.

Organization Overview

19Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

This Is My Brave Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$342K
Total Expenses$503K
Surplus / Deficit$-160,798
Total Assets$155K
Total Liabilities$39K
Net Assets$116K
Operating Margin-47.0%
Debt-to-Asset Ratio25.0%
Months of Reserves3.7 months

Financial Health Grade: B

In 2023, This Is My Brave Inc reported a deficit of $161K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 25.0% (moderate leverage).

Financial Trends

Over 10 years of filings (2011–2023), This Is My Brave Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-27.4%-11.1%-56.1%
2022-20.5%+2.6%-17.5%
2021+63.9%+4.8%+14.2%
2020-44.3%-21.3%+22.5%
2019+30.6%+39.2%-5.9%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

This Is My Brave Inc has experienced significant fluctuations in its financial performance over the past several years. While the organization saw strong revenue growth from 2011 to 2019, reaching a peak of $648,960, recent years show a concerning trend of declining revenue and increasing expenses. In 2023, revenue was $341,770 against expenses of $502,568, indicating a substantial operating deficit. This pattern of expenses exceeding revenue has been consistent since 2020, leading to a reduction in assets from a high of $426,770 in 2021 to $154,666 in 2023. The organization's asset base has also shown volatility, peaking in 2021 and declining since. The latest reported assets of $154,666 are significantly lower than previous years. A positive aspect of their financial management is the consistent reporting of 0% officer compensation across all available filings, which suggests a commitment to directing funds towards the mission rather than executive salaries. However, the sustained operating deficits and declining asset base raise questions about the long-term financial sustainability and efficiency of their spending, especially given the lack of detailed expense breakdowns in the provided data.

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$342KTotal Revenue
$503KTotal Expenses
$155KTotal Assets
$39KTotal Liabilities
$116KNet Assets
  • The organization reported a deficit of $161K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 25.0%.

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?

This Is My Brave Inc (EIN: 208944419) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $219K. 3 red flags identified. 2 strengths noted. Financial health grade: B.

How does This Is My Brave Inc spend its money?

This Is My Brave Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

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.

What percentage of This Is My Brave Inc's spending goes to programs?

This Is My Brave Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does This Is My Brave Inc compare to similar nonprofits?

With a transparency score of 55/100 (Fair), This Is My Brave Inc is near average for NTEE category E80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is This Is My Brave Inc located?

This Is My Brave Inc is headquartered in Chesterfield, Virginia and files with the IRS under EIN 208944419. It is classified under NTEE code E80.

How many years of IRS 990 filings does This Is My Brave Inc have?

This Is My Brave 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 $219K in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for This Is My Brave Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2011 Filing

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.

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