BROTHERHOOD FINANCIAL AID INC

EIN: 934341531 501(c)(3) Philanthropy & Grantmaking

BLOOMFIELD, IA

Total Revenue
$1,181,361
Total Expenses
$991,614
Total Assets
$21,729,984
Net Assets
$189,747
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
IA
Principal Officer
ERVIN SCHROCK
Phone
6416641219
Tax Period
2024-01-01 to 2024-12-31

BROTHERHOOD FINANCIAL AID INC, founded in 2024, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. The organization ran a surplus of $190K, a strong 16% operating margin.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO MEMBERS OF THE OLD ORDER AMISH COMMUNITY AND DONATE TO PROGRAMS WITHIN THE OLD ORDER AMISH COMMUNITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $135,769
Program Service Revenue $0
Investment Income $1,045,592
Other Revenue $0
TOTAL REVENUE $1,181,361

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,600
Fundraising Expenses $0
Program Expenses $991,614
Other Expenses $958,014
TOTAL EXPENSES $991,614

Year-over-Year Comparison

2024 2023 Change
Revenue $1,181,361 N/A N/A
Expenses $991,614 N/A N/A
Net Income $189,747 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERVIN SCHROCK DIRECTOR N/A
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 No data No data No data No data
2024 $1,181,361 $991,614 $21,729,984 $189,747
2024 No data No data No data No data
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BROTHERHOOD FINANCIAL AID INC with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.