BRAZILIAN AMERICAN CENTER INC

EIN: 454857122 501(c)(3) Human Services

FRAMINGHAM, MA

Total Revenue
$581,703
Total Expenses
$436,792
Total Assets
$703,208
Net Assets
$678,080
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Principal Officer
JAIRO GUIDINI
Phone
5086280360
Tax Period
2024-01-01 to 2024-12-31

BRAZILIAN AMERICAN CENTER INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $582K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $145K, a strong 25% operating margin.

Mission

THE BRAZILIAN AMERICAN CENTER, INC.'S (BRACE) MISSION IS TO WELCOME AND EMPOWER ALL IMMIGRANTS REGARDLESS OF NATIONALITY, RACE, AGE, SEX, OR RELIGION, PRESERVING THE VALUES AND CULTURAL IDENTITY OF EACH, AND TO HELP THEM IN THE ARDUOUS PROCESS OF INTEGRATION AND ADAPTATION INTO AMERICAN SOCIETY. BRACE'S PRIMARY FOCUS IS ON EDUCATING AND SUPPORTING THE IMMIGRANT COMMUNITY, SO EACH PERSON CAN BETTER ADVOCATE FOR HIM/HERSELF.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $531,778
Program Service Revenue $19,800
Investment Income $17,756
Other Revenue $12,369
TOTAL REVENUE $581,703

Expense Breakdown

Grants Paid $17,969
Salaries & Benefits $320,821
Fundraising Expenses $20,023
Program Expenses $310,427
Other Expenses $98,002
TOTAL EXPENSES $436,792

Year-over-Year Comparison

2024 2023 Change
Revenue $581,703 $691,227 -0.2%
Expenses $436,792 $417,337 +0.0%
Net Income $144,911 $273,890 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
13
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$72,493
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE TIBOR DIRECTOR 1.00
Director
$0 $0 $0
EDUARDO RIBEIRO DIRECTOR 1.00
Director
$0 $0 $0
CLEYTON MOREIRA DIRECTOR 1.00
Director
$0 $0 $0
MIKAELE NEVES DIRECTOR 1.00
Director
$0 $0 $0
JAIRO GUIDINI PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSE NATAL GONCALVES TREASURER 1.00
Officer Director
$0 $0 $0
MARARETH SHEPARD CLERK 1.00
Officer Director
$0 $0 $0
LILIANE COSTA MANAGER 40.00
Officer
$67,514 $4,979 $72,493
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $581,703 $436,792 $703,208 $144,911
2023 $691,227 $417,337 $524,554 $273,890
2022 $453,559 $345,319 $234,493 $108,240
2021 $267,406 $251,889 $126,119 $15,517
2020 $247,002 $214,894 $98,365 $32,108
2019 $251,459 $206,709 $66,257 $44,750
2018 $220,585 $197,662 No data $22,923
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