Brandywine Cares Inc

What it reported doing in 2024

Brandywine cares, inc., is organized and operated exclusively for charitable and educational purposes to, among other things, operate a workforce development and related educational programs for low- to moderate- income persons who reside in geographical areas served by brandywine homes USA ("brandywine homes"). Brandywine homes is a national provider of rental homes and manages more than 3000 such homes with heavy concentrations in Florida and Georgia. Many of the communities served by brandywine homes are increasingly experiencing economic transitions leaving many low- to moderateincome persons behind, and brandywine cares was created to provide support services for individuals in these regions facing financial distress or under- or unemployment. Most of the people facing such situations rent their homes, and brandywine cares will target this subset of population.brandywine cares' workforce development program will assist individuals in matching their career- related skills and needs with job opportunities and providing necessary guidance and access, where possible, to no or low-cost services to help them obtain the desired job/career. This program will be led by a fulltime, well-qualified staff person who will assist individuals remotely or in person to the extent in person meetings are deemed necessary and appropriate. In addition, brandywine cares, inc. Has partnered with consolidated credit, a national 501(c)(3) nonprofit organization with expertise in financial education, to provide digital content and personalized financial coaching assistance for the same population. To the extent that any such activities constitute credit counseling within the meaning of section 501(q), consolidated credit will provide these programs in a manner consistent with section 501(q) and section 501(c)(3). Brandywine cares generally will not raise money from or charge fees to the individuals it serves. All of these activities further the exempt purposes of brandywine cares, inc. By providing crucial outreach and related assistance in helping members of a charitable class attain better employment and financial security in pursuit of providing better lives for themselves and their families. Brandywine cares will offer its services remotely online and in person where appropriate. Brandywine cares recipients of services may include renters who live in homes managed by brandywine homes but brandywine cares will make its services free and available to the general population of renters by way of a dedicated webpage, and it will conduct other outreach and marketing activities in its service areas. Brandywine cares will also seek to establish partnerships at the local levels with community colleges, government agencies, and other nonprofit and public institutions aligned with serving its target population to increase both its reach and the impact of its programs.

Financial Efficiency

• Mission deployment rate: 67.5%; rating input score 67
• Program expense ratio: 84.7%; rating input score 85
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 20.3%; rating input score 74; 74th percentile among comparable filings
• Total-asset coverage ratio: 0.21; rating input score 11; 11th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 39; 39th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: 109.9% per year; rating input score 100; 99th percentile among comparable filings
• Asset growth: 92.3% per year; rating input score 100; 99th percentile among comparable filings