Brazen St Louis

Nonprofit profile at a glance

EIN
464952134
IRS 990 coverage
2015–2018
Forms available
Form 990 2018, Form 990-EZ 2014
Location
Clayton, MO, USA
Phone
3145291258
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Women's Rights

Official website

Reported finances

Revenue
$23,191
Expenses
$98,580
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • MINDY MAZUR (EXECUTIVE DIRECTOR)

People named in this filing

  • TRAVIS SHERIDAN (BOARD MEMBER)
  • DR CHERYL WATKINS-MOORE (BOARD MEMBER)
  • MARTHA UHLHORN (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Brazen st. Louis helps growth-seeking women entrepreneurs advance their businesses to create economic prosperity.

What it reported doing in 2018

Between july 1 and october 31, 2018, 41 new members (women who are entrepreneurs, founders, ceos) joined brazen st. Louis. During this timeframe, we hosted 49 power hour sessions, which are one-on-one mentor sessions with subject matter experts in: tech, accounting, finance + raising money, marketing and legal. We hosted or co-hosted five different business-first events (one event in july, august, two in september and one in october), serving more than 75 women entrepreneurs and engaging several volunteers. We also conducted 42 office hours appointments. As of september 30, 2018, 39 members were participating in six (6) total growth groups, with new applicants awaiting matching and placement in new groups for the next quarter. During this time, brazen st. Louis worked with the st. Louis regional business council as part of their entrepreneur connection initiative, a mentoring program connecting local entrepreneurs with successful corporate executives. We served as a co-creator partner organization in biostl's equity in entrepreneurship work in conjunction with the kauffman foundation.in the fall of 2018, brazen global made some internal shifts to streamline business operations to directly serve st. Louis area members through its corporate structure. In light of this, this organization, brazen st. Louis, a 501c3 non-profit that previously worked with brazen global to administer the local program, ended its license agreement with brazen global effective october 31, 2018. On november 13, 2018, the brazen st. Louis board of directors voted to dissolve this entity. Initial notices of such were filed with the Missouri secretary of state and attorney general offices in late november.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 75
  • Accountability: 70
  • Sustainability: 12
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 57.4%; rating input score 57
  • Fundraising efficiency: $1.86 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -325.1%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -16.4% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 59th percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 57.4% of spending went to programs
  • Governance: 11 of 11 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $57K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 4 filing years from 2015 to 2018
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 22/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.