George Brown Foundation Inc

Nonprofit profile at a glance

EIN
813845235
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Atlanta, GA, USA
Phone
4042134446
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$84,956
Expenses
$96,722
Assets
$136,328

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

Leadership & pay

6 people listed

Executive titles in this filing

  • HENRY BELL (PRESIDENT)

People named in this filing

  • HENRY BELL (PRESIDENT)
  • CHARLES FERGUSON (SECRETARY)
  • BRIAN BECKWITH (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 george brown foundation inc., a Georgia nonprofit corporation is organized for charitable and educational purposes. The mission of the organization is to preserve the historic integrity of the home at 645 south milledge ave, athens, Georgia, which is used as the university of Georgia's delta beta chapter of theta chi fraternity; to provide a safe residence for students at the university of Georgia who live there, and to grant scholarships to students of the university of Georgia who are members of the theta chi fraternity.

What it reported doing in 2024

The mission of the organization is to preserve the historic integrity of the home at 645 south milledge ave, athens, Georgia. Since a major project was completed and funded in 2020, no project was funded in 2021. The 2020 renovations included a complete exterior restoration of the original house, removal of non-historic and non-original walls in the house and an interior staircase. Other restorations included restoring the common romms and two bedrooms to their original dimensions. Interior flooring was restored to the original dark walnut finish. Plaster was restored, electrical and plumbing was replaced to meet code and safety standards.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.9%; rating input score 90

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: -13.8%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 1.41; rating input score 56; 56th 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: 51.3% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 20.4% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 11.5% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 89.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $87K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 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 27/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.