Michael and Laura Brader-araje Foundation
Only null% goes to programs Strong reserves Declining revenue
Michael and Laura Brader-araje Foundation is a 501(c)(3) organization based in Chapel Hill, North Carolina, registered in 2000, with $153,066 in FY2024 revenue. CharityIndex grades it D.
109 E Franklin St Ste 200, Chapel Hill, NC, 27514 EIN 56-2205579 Since 2000
Revenue (FY2024)
$153K
▼ 31.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$449K
Net assets
$5.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Michael and Laura Brader-araje Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating142 mo reserves · -193% margin
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 Michael and Laura Brader-araje Foundation: 142 mo reserves · -193% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Michael and Laura Brader-araje Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Michael and Laura Brader-araje Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 109 E Franklin St Ste 200, Chapel Hill, NC, 27514
- City
- Chapel Hill
- State
- North Carolina
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue declined from $203K (FY2013) to $153K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $24KNet assets $5.3M
Operating margin
-193.1%
Spent more than it raised in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$24K
Net assets
$5.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $153,066▼31.2% | $448,651▲14.6% | $5,304,596▼5.3% | $5,329,030▼4.9% | 990PF |
| 2023 | $222,567▼45.4% | $391,581▲0.4% | $5,600,181▼2.9% | $5,601,206▼2.9% | 990PF |
| 2022 | $407,874▼53.4% | $389,891▲18.2% | $5,769,195▲0.3% | $5,769,195▲0.3% | 990PF |
| 2021 | $874,597▼44.5% | $329,904▲0.9% | $5,751,220▲10.5% | $5,752,129▲10.5% | 990PF |
| 2020 | $1,575,019▲3788% | $326,923▲29.9% | $5,205,539▲31.5% | $5,205,539▲31.5% | 990PF |
| 2019 | $40,513▼91.8% | $251,673▲23.9% | $3,958,464▼5.1% | $3,958,464▼5.1% | 990PF |
| 2018 | $495,447▲162% | $203,119▲2.1% | $4,169,624▲7.5% | $4,169,624▲7.5% | 990PF |
| 2017 | $189,187▲487% | $198,971▲12.0% | $3,877,296▼0.3% | $3,877,300▼0.6% | 990PF |
| 2016 | -$48,861▼153% | $177,732▲67.5% | $3,887,080▼5.5% | $3,901,305▼5.2% | 990PF |
| 2015 | $92,278▼71.0% | $106,125▼56.4% | $4,113,673▼0.3% | $4,113,673▼0.6% | 990PF |
| 2014 | $317,905▲56.9% | $243,169▲85.8% | $4,127,520▲1.8% | $4,138,002▲2.1% | 990PF |
| 2013 | $202,594 | $130,882 | $4,052,784 | $4,052,784 | 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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Frequently asked questions
- Is Michael and Laura Brader-araje Foundation a legitimate nonprofit?
- Yes. Michael and Laura Brader-araje Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2205579, based in Chapel Hill, North Carolina. Donations are tax-deductible.
- What is Michael and Laura Brader-araje Foundation's EIN?
- Michael and Laura Brader-araje Foundation's Employer Identification Number (EIN) is 56-2205579.
- How much revenue does Michael and Laura Brader-araje Foundation report?
- Michael and Laura Brader-araje Foundation reported $153,066 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael and Laura Brader-araje Foundation have?
- CharityIndex grades Michael and Laura Brader-araje Foundation D, based on financial health (reserves and operating margin).
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Data for Michael and Laura Brader-araje Foundation (EIN 56-2205579) 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.