OTIS AND ROSIE BROWN FOUNDATION

EIN: 463378247 501(c)(3) Philanthropy & Grantmaking

ARLINGTON, TX

Total Revenue
$559,612
Total Expenses
$410,755
Total Assets
$618,874
Net Assets
$618,874
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TX
Principal Officer
THASUNDA BROWN DUCKETT
Phone
8776013211
Tax Period
2024-01-01 to 2024-12-31

OTIS AND ROSIE BROWN FOUNDATION, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $560K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $149K, a strong 27% operating margin.

Mission

TO PROVIDE ACADEMIC SCHOLARSHIPS AND COMMUNITY GRANTS. The Extraordinary Is movement is a social campaign created by the Otis and Rosie Brown Foundation, a 501(c)(3) charitable organization, established in 2013. The Foundation was created to advance the legacy of Otis and Rosie Brown who instilled in their three children a recognition that all things are possible through love and stewardship and a belief that all have the duty to extend a hand to help lift up our fellow man. The Foundation was inspired by the Brown familys personal conviction that extraordinary things can be done with ordinary resources.

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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 $604,612
Program Service Revenue $0
Investment Income $0
Other Revenue $-45,000
TOTAL REVENUE $559,612

Expense Breakdown

Grants Paid $203,040
Salaries & Benefits $24,000
Fundraising Expenses $0
Program Expenses $286,379
Other Expenses $183,715
TOTAL EXPENSES $410,755

Year-over-Year Comparison

2024 2023 Change
Revenue $559,612 $326,735 +0.7%
Expenses $410,755 $250,915 +0.6%
Net Income $148,857 $75,820 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
45

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
$24,000
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON FLOWERS Executive Dir. 5.00
Officer
$24,000 $0 $24,000
THASUNDA BROWN DUCKETT Chairman 12.00
Officer Director
$0 $0 $0
ERIN PARISI Trustee 3.00
Director
$0 $0 $0
RICHARD L DUCKETT JR Treasurer 6.00
Officer Director
$0 $0 $0
ANICK BROWN Secretary 4.50
Officer Director
$0 $0 $0
FRANKIE NORRIS Trustee 3.00
Director
$0 $0 $0
REGGIE BROWN Trustee 1.50
Director
$0 $0 $0
GARA HILL Trustee 5.00
Director
$0 $0 $0
MARLON ROLLINS Trustee 3.00
Director
$0 $0 $0
GARY NUNN Trustee 3.00
Director
$0 $0 $0
INDIA SONNIER Trustee 3.00
Director
$0 $0 $0
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 $559,612 $410,755 $618,874 $148,857
2023 $326,735 $250,915 $470,777 $75,820
2022 $236,931 $93,207 $394,957 $143,724
2021 $258,609 $115,654 $251,233 $142,955
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