M K Brown Foundation Inc is a 501(c)(3) organization based in Pampa, Texas, registered in 1961, with $321,274 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$321K
▲ 47.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$640K
Net assets
$10.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for M K Brown Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For M K Brown Foundation Inc: 187 mo reserves · -99% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for M K Brown Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For M K Brown Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $768K (FY2013) to $321K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-99.1%
Spent more than it raised in the latest fiscal year.
Total assets
$10.0M
Total liabilities
$8,994
Net assets
$10.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $321,274▲47.0% | $639,700▲75.0% | $9,955,388▲38.0% | $9,964,382▲38.0% | 990PF |
| 2023 | $218,598▼63.5% | $365,457▼7.3% | $7,211,775▲8.9% | $7,220,753▲8.9% | 990PF |
| 2022 | $598,962▼22.4% | $394,125▼14.7% | $6,623,111▼15.7% | $6,631,362▼15.7% | 990PF |
| 2021 | $771,539▲163% | $462,175▲14.5% | $7,852,719▼3.5% | $7,867,177▼3.5% | 990PF |
| 2020 | $293,665▼27.9% | $403,534▲5.2% | $8,139,687▲20.4% | $8,150,237▲20.4% | 990PF |
| 2019 | $407,078▼21.3% | $383,438▼8.9% | $6,758,752▲12.3% | $6,767,376▲11.9% | 990PF |
| 2018 | $517,477▲21.4% | $420,734▲32.4% | $6,018,916▼2.7% | $6,050,048▼2.7% | 990PF |
| 2017 | $426,088▲42.6% | $317,735▼12.3% | $6,184,381▲3.2% | $6,215,948▲2.7% | 990PF |
| 2016 | $298,838▼35.0% | $362,264▼1.5% | $5,992,314▼7.4% | $6,052,321▼7.7% | 990PF |
| 2015 | $459,875▼41.5% | $367,720▼16.6% | $6,468,135▼5.8% | $6,558,142▼6.1% | 990PF |
| 2014 | $786,291▲2.4% | $440,838▼32.6% | $6,867,713▲2.5% | $6,987,722▲2.0% | 990PF |
| 2013 | $768,200 | $654,456▲80.9% | $6,697,348▲4.4% | $6,847,358▲5.9% | 990PF |
| 2012 | — | $361,742▼15.0% | $6,412,803▲10.1% | $6,465,827▲10.3% | 990PF |
| 2011 | — | $425,647 | $5,823,592 | $5,863,099 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for M K Brown Foundation Inc (EIN 75-6034058) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.