Brave Beginnings Inc.

990EZ • Fiscal year 2020 • EIN 20-4915327

Jul 01, 2019 to Jun 30, 2020 • Filed on May 13, 2021

Organization Profile N/A

6 Dartmouth CTTinton Falls, NJ 07724

(732) 539-5655

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

-48%

Higher net margin than 16% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

$23,333

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 88.3% of source-year revenue.

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

-42%

Faster asset growth than 10% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Annualized from 2019 to 2020

-55%

Faster revenue growth than 24% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets46th percentile

Assets

Down

$20,440

Down $14,557 (-42%) from 2019

Net Assets

Down

$20,440

Down $12,579 (-38%) from 2019

Liabilities

Down

Down $1,978 (-100%) from 2019

Revenue And Expenses

Liabilities / Revenue46th percentile Net Margin16th percentile

Revenue

Down

$26,415

Down $32,253 (-55%) from 2019

Expenses

Down

$38,994

Down $12,378 (-24%) from 2019

Net Income

Down

-$12,579

Down $19,875 (-272%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2020

Assets$20,440

Liabilities$0

Net Assets$20,440

Open 2020 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2020

Revenue$26,415

Expenses$38,994

Net Income-$12,579

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2019 to Jun 30, 2020
Signed: May 13, 2021
Return Version: 2019v5.2
Gross Receipts: $26,415

Mission and Program Overview

Mission

To provide instruction and training to developmentally disadvantaged infants and toddlers. We also provide training to their parents.

Program Services

Description	Grants	Expenses
PROVIDE INSTRUCTION AND TRAINING OF DEVELOPMENTALLY DISADVANTAGED INFANTS AND TODDLERS	$0	$38,994

Compensation and Service Providers

Top Officer Pay82nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
PEG WILLMAN	Director	PT	$23,333	-	$23,333
LORI JEAN HIRCE	Secretary	-	$0	-	-
ROBERT WILLMAN	Director	-	$0	-	-
GERARD PICA	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Brave Beginnings Inc
EIN: 20-4915327
Phone: 7325395655
Address: 6 DARTMOUTH CT, TINTON FALLS, NJ 07724

Signing Officer

Name: Peg Willman
Title: Director
Phone: 7325395655
Signed: 2021-05-13

Preparer

Firm: Luda Mirne CPA
Address: 3200 SUNSET AVENUE, OCEAN, NJ 07712
Preparer: Luda Mirne
Phone: 7329959734

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 10.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: classroom supplies. Amount: 1,147. Description: licenses and permits. Amount: 200. Description: meals/class parties. Amount: 260. Description: misc expense. Amount: 18. Description: office supplies. Amount: 907. Description: payroll taxes. Amount: 1,340. Description: repairs. Amount: 1,241. Description: professional development. Amount: 810. Description: insurance. Amount: 1,238. Total to form 990-ez, line 16: 7,161.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accrued payroll taxes. Beg. Of year amount: 1,978. End of year amount: 0.”

Raw XML Appendix153 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	PEG WILLMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7325395655
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	6 DARTMOUTH COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	TINTON FALLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	07724
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	34997
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	20440
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	26405
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-12579
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	34997
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	20440
IRS990EZ/GrossReceiptsAmt	0	26415
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	10
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	33019
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	20440
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	33019
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	20440
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	8500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	23333
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	PEG WILLMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	LORI JEAN HIRCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	ROBERT WILLMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	GERARD PICA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	7161
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROVIDE INSTRUCTION AND TRAINING TO DEVELOPMENTALLY DISADVANTAGED INFANTS AND TODDLERS. WE ALSO PROVIDE TRAINING TO THEIR PARENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PROVIDE INSTRUCTION AND TRAINING OF DEVELOPMENTALLY DISADVANTAGED INFANTS AND TODDLERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	38994
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	23333
IRS990EZ/SchoolOperatingInd	0	1
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NJ
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	1978
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	38994
IRS990EZ/TotalProgramServiceExpensesAmt	0	38994
IRS990EZ/TotalRevenueAmt	0	26415
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/SchoolInd	0	X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleE/ComplianceWithRevProc7550Ind	0	1
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	0
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	0
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	0
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	0
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	0
IRS990ScheduleE/DiscriminateRaceSchsInd	0	0
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	0
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	0
IRS990ScheduleE/GovernmentFinancialAidRcvdInd	0	0
IRS990ScheduleE/GovernmentFinancialAidRvkdInd	0	0
IRS990ScheduleE/MaintainCpyOfAllSolInd	0	1
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd	0	1
IRS990ScheduleE/MaintainRacialCompRecsInd	0	1
IRS990ScheduleE/MaintainScholarshipsRecsInd	0	1
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	1
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd	0	1
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd	0	1
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt	0	NON-DISCRIMINATORY POLICY IS DEFINED IN BROCHURES AND STUDENT APPLICATIONS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc	0	SCHEDULE E, PART I, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: INTEREST INCOME. AMOUNT: 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: CLASSROOM SUPPLIES. AMOUNT: 1,147. DESCRIPTION: LICENSES AND PERMITS. AMOUNT: 200. DESCRIPTION: MEALS/CLASS PARTIES. AMOUNT: 260. DESCRIPTION: MISC EXPENSE. AMOUNT: 18. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 907. DESCRIPTION: PAYROLL TAXES. AMOUNT: 1,340. DESCRIPTION: REPAIRS. AMOUNT: 1,241. DESCRIPTION: PROFESSIONAL DEVELOPMENT. AMOUNT: 810. DESCRIPTION: INSURANCE. AMOUNT: 1,238. TOTAL TO FORM 990-EZ, LINE 16: 7,161.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: ACCRUED PAYROLL TAXES. BEG. OF YEAR AMOUNT: 1,978. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	PEG WILLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7325395655
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	BRAVE BEGINNINGS INC
ReturnHeader/Filer/BusinessNameControlTxt	0	BRAV
ReturnHeader/Filer/EIN	0	204915327
ReturnHeader/Filer/PhoneNum	0	7325395655
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	6 DARTMOUTH CT
ReturnHeader/Filer/USAddress/CityNm	0	TINTON FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NJ
ReturnHeader/Filer/USAddress/ZIPCd	0	07724
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	LUDA MIRNE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	3200 SUNSET AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	OCEAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	07712
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7329959734
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	LUDA MIRNE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2021-05-13T17:44:03-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-07-01
ReturnHeader/TaxPeriodEndDt	0	2020-06-30
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $20,440
Liabilities: $0
Net assets: $20,440
Revenue: $26,415
Expenses: $38,994
Net income: -$12,579

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$67.6	$44.9	$22.7	$43.1	$67.6	$24.5
2023Summary only. Only limited summary data is available for this year.	$47.3	$0.00		$48.9	$43.8	$5.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$42.2	$0.00	$42.2	$49.4	$37.4	$12.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$30.2	$0.00	$30.2	$19.3	$9.58	$9.75
2020Detailed filing. Detailed filing data is available for this year.	$20.4	$0.00	$20.4	$26.4	$39.0	$12.6
2019Detailed filing. Detailed filing data is available for this year.	$35.0	$1.98	$33.0	$58.7	$51.4	$7.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$27.5	$1.80	$25.7	$32.6	$46.1	$13.5
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$41.0	$1.80	$39.2	$50.4	$58.4	$8.05
2016Summary only. Only limited summary data is available for this year.	$50.9	$3.58		$57.0	$43.5	$13.5
2015Detailed filing. Detailed filing data is available for this year.	$36.0	$2.16	$33.8	$39.6	$34.7	$4.88
2014Summary only. Only limited summary data is available for this year.	$30.6	$1.70		$35.7	$23.8	$11.8
2013Summary only. Only limited summary data is available for this year.	$18.5	$1.36		$31.4	$23.4	$8.02
2012Summary only. Only limited summary data is available for this year.	$9.84	$0.76		$26.1	$23.4	$2.69
2011Summary only. Only limited summary data is available for this year.	$7.13	$0.74		$29.1	$25.1	$4.02