BROWN ASSET RECLAMATION FOUNDATION (EIN 873846431) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

J HYATT BROWN

Phone

4072445222

Tax Period

2023-01-01 to 2023-12-31

BROWN ASSET RECLAMATION FOUNDATION, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $166K in total revenue in fiscal year 2023. Revenue surged 200% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 98% operating margin.

Mission

TO SUPPORT CAPITAL IMPROVEMENTS FOR AND PROVIDING OTHER EXPENDITURES RELATED TO A PUBLIC PARK KNOWN AS RIVERFRONT PARK IN DAYTONA BEACH, FLORIDA, LOCATED ALONG BEACH STREET BETWEEN MAIN STREET AND ORANGE AVENUE, FOR AS LONG AS BROWN RIVERFRONT ESPLANADE FOUNDATION, INC (EIN: XXX-XX-XXXX) IS LEASING THE PARK FROM THE CITY OF DAYTONA BEACH AND, THEREAFTER, SUPPORTING THE MUSEUM OF ARTS AND SCIENCES, INC (59-1022050), ALSO LOCATED IN DAYTONA BEACH, FLORIDA.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,000

Program Service Revenue $0

Investment Income $138,175

Other Revenue $0

TOTAL REVENUE $166,175

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,850

TOTAL EXPENSES $3,850

Year-over-Year Comparison

	2023	2022	Change
Revenue	$166,175	$55,432	+2.0%
Expenses	$3,850	$28,304	-0.9%
Net Income	$162,325	$27,128	+5.0%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA BROWN	TRUSTEE	1.00	Director	$0	$0	$0
J HYATT BROWN	TRUSTEE	1.00	Director	$0	$0	$0
POWELL BROWN	TRUSTEE	1.00	Director	$0	$0	$0
DAVID LOTZ	TRUSTEE	1.00	Officer Director	$0	$0	$0
R ANDREW WATTS	TRUSTEE	1.00	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	No data	No data	No data	No data
2023	$166,175	$3,850	$3,157,033	$162,325
2022	$55,432	$28,304	$2,901,253	$27,128
2021	$3,000,001	No data	$3,008,552	No data

BROWN ASSET RECLAMATION FOUNDATION