Neal & Brooke Brown Foundation Inc is located in Morgantown, WV. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neal & Brooke Brown Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Neal & Brooke Brown Foundation Inc generated $181.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.0% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF NEAL & BROOKE BROWN FOUNDATION, INC. IS TO PROMOTE LITERACY AND PROVIDE ASSISTANCE TO UNDERPRIVILEGED CHILDREN. THIS GOAL IS ACCOMPLISHED BY DONATING BOOKS IN VARIOUS WAYS SO THEY ARE AVAILABLE TO THOSE IN NEED AND DONATING MONEY TO THE CHILDREN'S HOSPITAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Neal Brown Chairman/pre | 2 | $0 | |
Brooke Brown Secretary/tr | 2 | $0 | |
Pat Stewart Director | 0.5 | $0 | |
Coleman Barnes Director | 0.5 | $0 | |
Tom Brown Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $181,612 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $20 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $181,632 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $199,525 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,900 |
Other assets | $0 |
Total assets | $4,900 |
Total liabilities | $0 |
Net assets or fund balances | $4,900 |