Civic Intelligence

Brown Faculty Club

EIN 51-0192393 • 501(c)7 • Providence, RI

Profile

The brown faculty club supports brown university, a tax exempt organization. The brown faculty club is a non profit organization established to promote the social and literary culture of brown university. The brown faculty club provides a meeting place for many brown university community organizations and it also serves meals to the brown university faculty and staff.

Controllers Office Box JProvidence, RI 02912

facultyclub.brown.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

504.56x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

8.45x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-74%

Higher net margin than 2% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

4th percentile

-21%

Faster asset growth than 4% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

26%

Faster revenue growth than 87% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$13,087

Down $3,405 (-21%) from 2023

Liabilities

Up

$6,603,165

Up $573,178 (+9.5%) from 2023

Net Assets

Down

-$6,590,078

Down $576,583 (-9.6%) from 2023

Revenue

Up

$781,557

Up $160,597 (+26%) from 2023

Expenses

Down

$1,358,140

Down $25,343 (-1.8%) from 2023

Net Income

Up

-$576,583

Up $185,940 (+24%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0M-$10MAssets 2011: $20,628Liabilities 2011: $541,892Net Assets 2011: -$521,2642011Assets 2012: $18,355Liabilities 2012: $672,014Net Assets 2012: -$653,6592012Assets 2013: $21,283Liabilities 2013: $802,360Net Assets 2013: -$781,0772013Assets 2014: $20,367Liabilities 2014: $1,098,798Net Assets 2014: -$1,078,4312014Assets 2015: $22,181Liabilities 2015: $1,385,986Net Assets 2015: -$1,363,8052015Assets 2016: $20,473Liabilities 2016: $1,704,739Net Assets 2016: -$1,684,2662016Assets 2017: $18,495Liabilities 2017: $2,049,613Net Assets 2017: -$2,031,1182017Assets 2018: $23,121Liabilities 2018: $2,380,453Net Assets 2018: -$2,357,3322018Assets 2019: $26,050Liabilities 2019: $2,714,999Net Assets 2019: -$2,688,9492019Assets 2020: $400Liabilities 2020: $3,619,858Net Assets 2020: -$3,619,4582020Assets 2021: $400Liabilities 2021: $4,490,489Net Assets 2021: -$4,490,0892021Assets 2022: $18,296Liabilities 2022: $5,269,268Net Assets 2022: -$5,250,9722022Assets 2023: $16,492Liabilities 2023: $6,029,987Net Assets 2023: -$6,013,4952023Assets 2024: $13,087Liabilities 2024: $6,603,165Net Assets 2024: -$6,590,0782024

Highlighted filing

2024

Assets$13,087
Liabilities$6,603,165
Net Assets-$6,590,078

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2011: $783,533Expenses 2011: $1,019,769Net Income 2011: -$236,2362011Revenue 2012: $949,167Expenses 2012: $1,081,562Net Income 2012: -$132,3952012Revenue 2013: $1,003,033Expenses 2013: $1,130,451Net Income 2013: -$127,4182013Revenue 2014: $874,981Expenses 2014: $1,172,334Net Income 2014: -$297,3532014Revenue 2015: $866,504Expenses 2015: $1,151,878Net Income 2015: -$285,3742015Revenue 2016: $820,046Expenses 2016: $1,140,507Net Income 2016: -$320,4612016Revenue 2017: $817,150Expenses 2017: $1,164,242Net Income 2017: -$347,0922017Revenue 2018: $807,745Expenses 2018: $1,113,553Net Income 2018: -$305,8082018Revenue 2019: $788,466Expenses 2019: $1,120,083Net Income 2019: -$331,6172019Revenue 2020: $409,677Expenses 2020: $1,325,703Net Income 2020: -$916,0262020Revenue 2021: $70,873Expenses 2021: $941,504Net Income 2021: -$870,6312021Revenue 2022: $440,210Expenses 2022: $1,201,093Net Income 2022: -$760,8832022Revenue 2023: $620,960Expenses 2023: $1,383,483Net Income 2023: -$762,5232023Revenue 2024: $781,557Expenses 2024: $1,358,140Net Income 2024: -$576,5832024

Highlighted filing

2024

Revenue$781,557
Expenses$1,358,140
Net Income-$576,583

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$6.60$6.59$0.78$1.36$0.58
2023Detailed filing. Detailed filing data is available for this year.$0.02$6.03$6.01$0.62$1.38$0.76
2022Detailed filing. Detailed filing data is available for this year.$0.02$5.27$5.25$0.44$1.20$0.76
2021Detailed filing. Detailed filing data is available for this year.$0.00$4.49$4.49$0.07$0.94$0.87
2020Summary only. Only limited summary data is available for this year.$0.00$3.62$3.62$0.41$1.33$0.92
2019Summary only. Only limited summary data is available for this year.$0.03$2.71$2.69$0.79$1.12$0.33
2018Summary only. Only limited summary data is available for this year.$0.02$2.38$2.36$0.81$1.11$0.31
2017Summary only. Only limited summary data is available for this year.$0.02$2.05$2.03$0.82$1.16$0.35
2016Summary only. Only limited summary data is available for this year.$0.02$1.70$1.68$0.82$1.14$0.32
2015Summary only. Only limited summary data is available for this year.$0.02$1.39$1.36$0.87$1.15$0.29
2014Summary only. Only limited summary data is available for this year.$0.02$1.10$1.08$0.87$1.17$0.30
2013Summary only. Only limited summary data is available for this year.$0.02$0.80$0.78$1.00$1.13$0.13
2012Summary only. Only limited summary data is available for this year.$0.02$0.67$0.65$0.95$1.08$0.13
2011Summary only. Only limited summary data is available for this year.$0.02$0.54$0.52$0.78$1.02$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$1,086,123
Mission and Program Overview

Mission

The brown faculty club supports brown university, a tax exempt organization. The brown faculty club is a non profit organization established to promote the social and literary culture of brown university. The brown faculty club provides a meeting place for many brown university community organizations and it also serves meals to the brown university faculty and staff.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$16,092$12,687▼ $3,405
Cash and Non-Interest-Bearing Accounts$400$400→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$16,492$13,087▼ $3,405
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$6,028,268$6,594,669▲ $566,401
Accounts Payable and Accrued Expenses$0$6,777▲ $6,777
Deferred Revenue$1,719$1,719→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$6,029,987$6,603,165▲ $573,178
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-6,013,495$-6,590,078▼ $576,583
Total Net Assets Fund Balance$-6,013,495$-6,590,078▼ $576,583
Total Liabilities and Net Assets / Fund Balance$16,492$13,087▼ $3,405
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sergio GonzalezPresident
Eric EstesSecretary
Sarah LathamTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,395
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$772,162
Change in Net Assets
$-576,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$944,423
Other Expenses$413,717
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$721,675
Fees for Services Other---$148,014
Other Employee Benefits---$113,601
Occupancy---$101,767
Office Expenses---$77,853
Pension Plan Contributions---$55,687
Payroll Taxes---$53,460
Information Technology---$41,628
Other Expenses---$10,520
Total Functional Expenses$0$0$0$1,358,140
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Brown University$6,594,669
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 8B:

The brown faculty club does not have any other committee which has authority to act on behalf of the governing body.

FORM 990, PART VI, SECTION B, LINE 11 AND LINE 11A:

The tax return is prepared by the university's tax consultants and reviewed by the controller's office. A copy of the form 990 is not made available to the governing body before filing. The controller's office is authorized to file the form 990 on the governing body's behalf.

FORM 990, PART VI, SECTION B, LINES 12, 13 & 14:

In practice, the brown faculty club adheres to brown university's policies and procedures. Brown university has a written conflict of interest policy, a written whistleblower policy and a written document retention & destruction policy.

FORM 990, PART VI, SECTION B, LINE 15:

All compensation was paid by related organization, brown university (ein: 05-0258809). The brown faculty club does not pay any compensation for serving on the board of managers.

FORM 990, PART VI, SECTION C, LINE 19:

The brown faculty club is part of the university's consolidated financial statements. The university's financial statements, conflict of interest policies, and governing documents (chapter and statutes) are made available to the public upon request and on their website. The brown faculty club form 990 is available upon request and additionally on guidestar. All other documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Brown Faculty Club
EIN
51-0192393
In Care Of
% BROWN UNIVERSITY
Phone
4018633023
Address
CONTROLLERS OFFICE BOX J, PROVIDENCE, RI 02912

Signing Officer

Name
Charlene Sweeney
Title
Avp & Controller
Phone
4018635220
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sergio Gonzalez
Formed
1975
Legal Domicile
Ri
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
PwC US Tax LLP
Address
101 SEAPORT BLVD SUITE 500, BOSTON, MA 02210
Preparer
Paul J Tanis
Phone
6175305000
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE I:

The brown faculty club supports brown university, a tax exempt organization. The brown faculty club is a non profit organization established to promote the social and literary culture of brown university. The brown faculty club provides a meeting place for many brown university community organizations and it also serves meals to the brown university faculty and staff.

FORM 990, PART XII, LINE 2B:

Brown university's financial statements include the accounts of the john nicholas brown center for the study of american civilization, brown faculty club and brown university research foundation. All of which are separate entities that are consolidated in the financial statements. Brown university and these consolidated entities are collectively referred to herein as the university. All significant inter-entity transactions and balances have been eliminated in consolidation.

Form 990 Part IX Line 11G

Description:temp employment agency total fees:91418

Form 990 Part IX Line 11G

Description:spec. Trade & maintenance total fees:48455

Form 990 Part IX Line 11G

Description:financial services total fees:8141

Financial Statement Notes

SCHEDULE D, PART X, LINE 2:

Brown faculty club is a separate legal entity and is consolidated in the financial statements. Brown university and these consolidated entities are collectively referred to as the university. The university is a not-for-profit organization as described in section 501(c)(3) of the internal revenue code, as amended, and is generally exempt from income taxes. The university assesses uncertain tax positions and determined that there are no such positions that have a material effect on the financial statements.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO BROWN UNIVERSITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BROWN FACULTY CLUB IS A SEPARATE LEGAL ENTITY AND IS CONSOLIDATED IN THE FINANCIAL STATEMENTS. BROWN UNIVERSITY AND THESE CONSOLIDATED ENTITIES ARE COLLECTIVELY REFERRED TO AS THE UNIVERSITY. THE UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, AND IS GENERALLY EXEMPT FROM INCOME TAXES. THE UNIVERSITY ASSESSES UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE ARE NO SUCH POSITIONS THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BROWN FACULTY CLUB SUPPORTS BROWN UNIVERSITY, A TAX EXEMPT ORGANIZATION. THE BROWN FACULTY CLUB IS A NON PROFIT ORGANIZATION ESTABLISHED TO PROMOTE THE SOCIAL AND LITERARY CULTURE OF BROWN UNIVERSITY. THE BROWN FACULTY CLUB PROVIDES A MEETING PLACE FOR MANY BROWN UNIVERSITY COMMUNITY ORGANIZATIONS AND IT ALSO SERVES MEALS TO THE BROWN UNIVERSITY FACULTY AND STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BROWN FACULTY CLUB DOES NOT HAVE ANY OTHER COMMITTEE WHICH HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX RETURN IS PREPARED BY THE UNIVERSITY'S TAX CONSULTANTS AND REVIEWED BY THE CONTROLLER'S OFFICE. A COPY OF THE FORM 990 IS NOT MADE AVAILABLE TO THE GOVERNING BODY BEFORE FILING. THE CONTROLLER'S OFFICE IS AUTHORIZED TO FILE THE FORM 990 ON THE GOVERNING BODY'S BEHALF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN PRACTICE, THE BROWN FACULTY CLUB ADHERES TO BROWN UNIVERSITY'S POLICIES AND PROCEDURES. BROWN UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY, A WRITTEN WHISTLEBLOWER POLICY AND A WRITTEN DOCUMENT RETENTION & DESTRUCTION POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL COMPENSATION WAS PAID BY RELATED ORGANIZATION, BROWN UNIVERSITY (EIN: 05-0258809). THE BROWN FACULTY CLUB DOES NOT PAY ANY COMPENSATION FOR SERVING ON THE BOARD OF MANAGERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BROWN FACULTY CLUB IS PART OF THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES, AND GOVERNING DOCUMENTS (CHAPTER AND STATUTES) ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON THEIR WEBSITE. THE BROWN FACULTY CLUB FORM 990 IS AVAILABLE UPON REQUEST AND ADDITIONALLY ON GUIDESTAR. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BROWN UNIVERSITY'S FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF THE JOHN NICHOLAS BROWN CENTER FOR THE STUDY OF AMERICAN CIVILIZATION, BROWN FACULTY CLUB AND BROWN UNIVERSITY RESEARCH FOUNDATION. ALL OF WHICH ARE SEPARATE ENTITIES THAT ARE CONSOLIDATED IN THE FINANCIAL STATEMENTS. BROWN UNIVERSITY AND THESE CONSOLIDATED ENTITIES ARE COLLECTIVELY REFERRED TO HEREIN AS THE UNIVERSITY. ALL SIGNIFICANT INTER-ENTITY TRANSACTIONS AND BALANCES HAVE BEEN ELIMINATED IN CONSOLIDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:TEMP EMPLOYMENT AGENCY TOTAL FEES:91418
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION:SPEC. TRADE & MAINTENANCE TOTAL FEES:48455
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DESCRIPTION:FINANCIAL SERVICES TOTAL FEES:8141
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE I:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11 AND LINE 11A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINES 12, 13 & 14:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990 PART IX LINE 11G
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt4C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt5C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt6C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/AddressLine1Txt0C/O MAPLES CORPORATE SERVICES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/AddressLine1Txt189 NEXUS WAY
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CHARITABLE GIFT ANNUITY FUND (2)
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1CHARITABLE REMAINDER ANNUITY TRUST (6)
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2CHARITABLE REMAINDER UNITRUST (70)
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3POOLED INCOME (3)
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt4BROWN CAYMAN I
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt5NEW HOLLAND TACTICAL ALPHA OFFSHORE FUND
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt6GUMSHOE OFFSHORE FUND LTD
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