Breman Development Foundation

Nonprofit profile at a glance

EIN
884136512
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Millersville, PA, USA
Phone
5404627793
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$90,000
Expenses
$112,042
Assets
$2,231

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • DANIEL WUBAH (PRESIDENT)

People named in this filing

  • DANIEL WUBAH (PRESIDENT)
  • MICHAEL BADDOO (SECRETARY)
  • ROMEO AZODEKON (TREASURER)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The breman development foundation is a nonprofit organization dedicated to the economic development of the breman traditional area in the central region of the republic of ghana. The mission of this foundation is to seek resources and raise funds to support initiatives that will provide health care, basic education, workforce development and community facilities such as a public library for the people in the traditional area.

What it reported doing in 2024

The foundations primary focus is to hold fundraising activities and events in the united states of america for the purpose of securing resources to support the initiatives described above. It will set up fundraising activities online as well as at physical events. It will solicit grants from other foundations to support its mission. Proceeds from all fund- raising activities shall be used to support activities identified and supported by our sister non-governmental organization (NGO) breman development foundation (bdf) in ghana. In addition to the construction of a community public library, other anticipated projects are the construction of a community center, a durbar ground, conference center, expanding elementary, middle and secondary school infrastructure, ending teen pregnancy, improving the breman asikuma hospital and providing equipment and supplies for the health centers in the district including jamra, kuntunanse and benin. Some furniture and books were shipped to the library that we built last year.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 85% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 18
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.5%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -24.5%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -40.4% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -50% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -166.3% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $110K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • 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.

  • High — Sustainability: Operating margin scored 21/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.