Ken and Mabel Brace Foundation Inc

Nonprofit profile at a glance

EIN
814247760
IRS 990-EZ coverage
2016–2025
Forms available
Form 990-EZ 2025
Location
Stoughton, MA, USA
Phone
5085285160
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$91,400
Expenses
$89,356
Assets
$27,050
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • WILLIAM BRACE (PRESIDENT/CEO/SECRETARY)

People named in this filing

  • WILLIAM BRACE (PRESIDENT/CEO/SECRETARY)
  • ANDREW O'GEARE (EXECUTIVE BOARD MEMBER)
  • DR IHEANYI C EGBUTA (EXECUTIVE 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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support seventh day adventist elementary and secondary education in north america

What it reported doing in 2025

Grants and similar Amounts Paid: Webriver School ($20,000), Rapid City ($8,000), Caledonian Christian School ($7,500), Frontenact ($7,000), Emerald Coast Christian School ($5,500), Riverview Memorial School ($4,000), Union Spring ($4,000), Northstar School ($2,500)

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 100
  • Sustainability: 38
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33.8%; rating input score 34
  • Program expense ratio: 34.5%; rating input score 35

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 2.2%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 29.2%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 43rd percentile among comparable filings
  • Revenue growth: 14.1% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 11.5% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 33.8% of revenue deployed · 34.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $31K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 35/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.