BRAVEHEART PROPERTIES OF BREVARD INC

EIN: 474375478 501(c)(3) Housing & Shelter

Cocoa, FL

Total Revenue
$617,556
Total Expenses
$571,673
Total Assets
$1,979,570
Net Assets
$1,093,251
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Principal Officer
Gray T Echols
Phone
3215221953
Tax Period
2024-07-01 to 2025-06-30

BRAVEHEART PROPERTIES OF BREVARD INC, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $618K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $572K left a modest 7% surplus.

Mission

Braveheart Properties of Brevard assists widows, veterans, and low-income families with affordable housing.

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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 $4,960
Program Service Revenue $604,970
Investment Income $49
Other Revenue $7,577
TOTAL REVENUE $617,556

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,862
Fundraising Expenses $0
Program Expenses $557,889
Other Expenses $481,811
TOTAL EXPENSES $571,673

Year-over-Year Comparison

2024 2023 Change
Revenue $617,556 $736,802 -0.2%
Expenses $571,673 $284,371 +1.0%
Net Income $45,883 $452,431 -0.9%
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

Financial Distress Indicator

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
3
Independent Members
1
Employees
2
Volunteers
10

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
2
$90,575
Total Directors
3
$90,575
Key Employees
2
$90,575
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gray T Echols Secretary 60
Officer Director Key Emp Highest
$48,575 $0 $48,575
Jinkie L Echols President 30
Officer Director Key Emp
$42,000 $0 $42,000
Barbara A Switzler Treasurer 10
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
2025 $617,556 $571,673 $1,979,570 $45,883
2024 $736,802 $284,371 $2,083,979 $452,431
2023 $1,428,326 $796,308 $1,923,700 $632,018
2022 $827,154 $476,177 $2,081,098 $350,977
2021 $215,644 $179,297 $2,000,675 $36,347
2020 $114,352 $185,148 $1,724,933 $-70,796
2019 $113,277 $152,451 $1,838,471 $-39,174
2018 $104,219 $148,171 $1,664,384 $-43,952
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