The Brenn Foundation

Tax-deductible

Denver, CO501(c)(3)InternationalEIN 52-1490106Revenue $515K in FY2024

On file with the IRS735 S Fillmore St, 80209-4816 · Denver, COTax-exempt since Apr 1987Supporting organization — 509(a)(3)

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The Foundation as a 509(a)(3) organization is operated exclusively for the benefit of its supported organizations and other organizations whose charitable purpose and mission are consistent with the charitable purpose and mission of the foundation's supported organizations.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
Run by 3 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $21K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$12K
0.10% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$515K
-44% vs prior year
Spent
$647K
To programs
62%
Net assets
$12.0M
By yearFY2020–FY2024
Revenue
$515K
FY2024▼ -44%
Tap a bar for its year
Revenue by fiscal year
FY2020$575K
FY2021$880K
FY2022$237K
FY2023$911K
FY2024$515K
Expenses
$647K
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$545K
FY2021$634K
FY2022$589K
FY2023$597K
FY2024$647K
Net assets
$12.0M
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$12.1M
FY2021$13.4M
FY2022$10.8M
FY2023$11.6M
FY2024$12.0M

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $403K Management & general 38% · $244K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Director/President
$0Pt VII · Sec A
Director/Secretary & Treas
$0Pt VII · Sec A
Director/Vice President
$0Pt VII · Sec A
See The Brenn Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports other charitable organizations with similar missions and purposes.

Questions for The Brenn Foundation

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Provided by the organization

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1 program · $403K · in their own filed words · FY2024
01

The brenn foundation's exclusive program activity is to provide meeting and conference facilities to its two supported organizations, the institute for america's future and the national security archive fund, inc., both of which are irc 501(c)(3) public charities, to similar public charities whose exempt purposes are consistent with…

$403Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$515K
Ln 12
Investment incomeLn 3$495K
Fees for servicesLn 2g$20K
Money outPt IX
$647K
Ln 25
Programscol B$403K
Managementcol C$244K
Owns and owesPt X
$12.0M
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$12.0M
LiabilitiesLn 26$12K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$20K
Investment incomeLn 3$495K
Gains on assetsLn 7$248K
Total revenueLn 12$515K
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
InvestmentsLn 11–13$11.4M
Land, buildings, equipmentLn 10c$447K
Other assetsLn 15$149K
Total assetsLn 16$12.0M
LiabilitiesLn 26$12K
Net assetsLn 32$12.0M
OperationsPt I, VI
EmployeesI 52
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2K$2K
InvestmentsLn 11–13$11.2M$11.4M
Land, buildings, equipmentLn 10c$296K$447K
Total assetsLn 16$11.7M$12.0M
LiabilitiesLn 26$12K$12K
Net assetsLn 32$11.6M$12.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$96K$86K$10K
Other employee benefitsLn 9$6K$5K$586
Payroll taxesLn 10$9K$8K$896
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$11K$11K
Investment management feesLn 11f$34K$34K
Other fees for servicesLn 11g$69K$2K$67K
Office expensesLn 13$19K$19K
OccupancyLn 16$183K$165K$18K
TravelLn 17$6K$6K
InterestLn 20$406$406
Depreciation, depletion and amortizationLn 22$26K$24K$3K
InsuranceLn 23$54K$49K$5K
Other expenses (24a–d)Ln 24$130K$64K$66K
All other expensesLn 24e$130$130
Total functional expensesLn 25$647K$403K$244K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $515K$647K−$132K$12.0M 990 PDF
FY2023 $911K$597K$313K$11.6M 990 PDF
FY2022 $237K$589K−$352K$10.8M 990 PDF
FY2021 $880K$634K$246K$13.4M 990 PDF
FY2020 $575K$545K$30K$12.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $514,652 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $2,597$20,100
I-10 Investment incomePrior year $908,303$494,552
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $910,900$514,652
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $106,248$110,870
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $491,214$535,936
I-18 Total expensesPrior year $597,462$646,806
I-19 Revenue less expensesPrior year $313,438−$132,154
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $514,652 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,100$20,100
VIII-3 Investment incomeExcluded from tax $246,527$246,527
VIII-7 Net gain or loss on sales of assetsExcluded from tax $248,025$248,025
VIII-12 Total revenueRelated to mission $20,100 · Unrelated business $0 · Excluded from tax $494,552$514,652
Part IX · Statement of functional expenses $646,806 across 15 lines filed
IX-7 Other salaries and wagesPrograms $86,442 · Management $9,605$96,047
IX-9 Other employee benefitsPrograms $5,273 · Management $586$5,859
IX-10 Payroll taxesPrograms $8,068 · Management $896$8,964
IX-11b Legal feesManagement $2,940$2,940
IX-11c Accounting feesManagement $10,800$10,800
IX-11f Investment management feesManagement $34,039$34,039
IX-11g Other fees for servicesPrograms $1,794 · Management $67,034$68,828
IX-13 Office expensesManagement $19,445$19,445
IX-16 OccupancyPrograms $164,743 · Management $18,305$183,048
IX-17 TravelManagement $5,673$5,673
IX-20 InterestManagement $406$406
IX-22 Depreciation, depletion and amortizationPrograms $23,821 · Management $2,647$26,468
IX-23 InsurancePrograms $48,850 · Management $5,428$54,278
IX-24 Other expenses (24a–d)Programs $64,053 · Management $65,828$129,881
IX-24e All other expensesManagement $130$130
IX-25 Total functional expensesPrograms $403,044 · Management $243,762 · Fundraising $0$646,806
Part X · Balance sheet $12,026,359 assets, 11 lines filed
Asset lines not itemized here account for $483; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $2,240$2,240
X-10c Land, buildings and equipment, netStart of year $295,670$446,968
X-11 Publicly traded securitiesStart of year $9,355,898$9,551,438
X-13 Program-related investmentsStart of year $1,876,230$1,876,230
X-15 Other assetsStart of year $124,000$149,000
X-16 Total assetsStart of year $11,654,038$12,026,359
X-17 Accounts payable and accrued expensesStart of year $2,145$7,725
X-25 Other liabilitiesStart of year $6,000$4,000
X-26 Total liabilitiesStart of year $11,524$11,725
X-32 Total net assets or fund balancesStart of year $11,642,514$12,014,634
X-33 Total liabilities and net assetsStart of year $11,654,038$12,026,359
Part XI · Reconciliation of net assets $12,014,634 net assets at year end
XI-1 Total revenue$514,652
XI-2 Total expenses$646,806
XI-3 Revenue less expenses−$132,154
XI-4 Net assets at start of year$11,642,514
XI-5 Net unrealized gains (losses) on investments$504,274
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$12,014,634

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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