Civic Intelligence

Fundacao Brava Inc

EIN 31-1716989 • 501(c)4 • Sao Paulosp Brazil, BR

Profile

The foundation encourages projects which impact better life conditions and services provided to the population of brazil in the key areas such as health, social defense, education and housing.

399 1 Andar Torre Corp 01-132Sao Paulosp Brazil 01140-060Br

www.brava.org.br

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

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

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.00x

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

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

49th percentile

8.0%

Higher net margin than 49% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

96th percentile

112%

Faster asset growth than 96% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

86%

Faster revenue growth than 87% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$528,947

Up $279,997 (+112%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$528,947

Up $279,997 (+112%) from 2023

Revenue

Up

$3,508,507

Up $1,624,523 (+86%) from 2023

Expenses

Up

$3,228,510

Up $1,086,238 (+51%) from 2023

Net Income

Up

$279,997

Up $538,285 (+208%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $137,356Liabilities 2014: $0Net Assets 2014: $137,3562014Assets 2015: $151,217Liabilities 2015: $0Net Assets 2015: $151,2172015Assets 2016: $425,885Liabilities 2016: $0Net Assets 2016: $425,8852016Assets 2017: $337,402Liabilities 2017: $0Net Assets 2017: $337,4022017Assets 2018: $52,221Liabilities 2018: $0Net Assets 2018: $52,2212018Assets 2019: $1,878,914Liabilities 2019: $0Net Assets 2019: $1,878,9142019Assets 2020: $292,174Liabilities 2020: $0Net Assets 2020: $292,1742020Assets 2021: $576,601Liabilities 2021: $0Net Assets 2021: $576,6012021Assets 2022: $507,238Liabilities 2022: $0Net Assets 2022: $507,2382022Assets 2023: $248,950Liabilities 2023: $0Net Assets 2023: $248,9502023Assets 2024: $528,947Liabilities 2024: $0Net Assets 2024: $528,9472024

Highlighted filing

2024

Assets$528,947
Liabilities$0
Net Assets$528,947

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $3,035,095Expenses 2014: $3,067,187Net Income 2014: -$32,0922014Revenue 2015: $2,038,745Expenses 2015: $2,024,884Net Income 2015: $13,8612015Revenue 2016: $5,659,081Expenses 2016: $5,384,414Net Income 2016: $274,6672016Revenue 2017: $3,441,625Expenses 2017: $3,530,108Net Income 2017: -$88,4832017Revenue 2018: $4,098,543Expenses 2018: $4,383,724Net Income 2018: -$285,1812018Revenue 2019: $4,675,691Expenses 2019: $2,848,999Net Income 2019: $1,826,6922019Revenue 2020: $3,177,894Expenses 2020: $4,764,634Net Income 2020: -$1,586,7402020Revenue 2021: $4,499,275Expenses 2021: $4,214,848Net Income 2021: $284,4272021Revenue 2022: $3,939,723Expenses 2022: $4,009,086Net Income 2022: -$69,3632022Revenue 2023: $1,883,984Expenses 2023: $2,142,272Net Income 2023: -$258,2882023Revenue 2024: $3,508,507Expenses 2024: $3,228,510Net Income 2024: $279,9972024

Highlighted filing

2024

Revenue$3,508,507
Expenses$3,228,510
Net Income$279,997

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 16, 2025
Return Version
2024v5.1
Gross Receipts
$3,508,507
Mission and Program Overview

Mission

The foundation encourages projects which impact better life conditions and services provided to the population of brazil in the key areas such as health, social defense, education and housing.

The foundation is operated exclusively for charitable, benevolent, or philanthropic purposes, including the promotion of social welfare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$247,475$527,447▲ $279,972
Cash and Non-Interest-Bearing Accounts$1,475$1,500▲ $25
Total Assets$248,950$528,947▲ $279,997
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$248,950$528,947▲ $279,997
Total Net Assets Fund Balance$248,950$528,947▲ $279,997
Total Liabilities and Net Assets / Fund Balance$248,950$528,947▲ $279,997
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,505,497
Program Service Revenue
$0
Investment Income
$3,010
Other Revenue
$0
All Other Contributions
$3,505,497
Change in Net Assets
$279,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,109,430
Other Expenses$119,080
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$3,109,430--$3,109,430
Fees for Services Management-$118,920-$118,920
Other Expenses-$160-$160
Total Functional Expenses$3,109,430$119,080$0$3,228,510
International Activity

International Summary

Offices
2
Employees
2
Spending
$3,109,430

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaProgram ServiceGrant to Recipients Located in Region for the Areas of Health, Social Defense, Education, Cultural and Housing.11$2,983,921
South AmericaProgram ServiceSponsorships to Recipients11$125,509
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Family relationship between: carlos alberto sicupira and cecilia de paula machado sicupira chairperson director

Form 990, Part VI, Section B, Line 11B

A copy of form 990 was provided to the organization's governing body to review before it was filed.

Form 990, Part VI, Section C, Line 19

The organization's financial statements and governing documentation are available upon request.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Leticia piccolotto ferreira - av. Nicolas boer, 399-3rd we work, agua branca, sao paulo-sp, brazil 01140-060. Carlos alberto sicupira - 1017 renato paes de barros street, 15th floor, itaim bibi, sao paulo/sp, brazil 04530-001. Cecilia de p. Machado sicupira - 1017 renato paes de barros street, 15th flo itaim bibi, sao paulo/sp, brazil 04530-001.

Filing and Contact Details

Filer

Filer Name
Fundacao Brava Inc
EIN
31-1716989
Phone
6106964353
Address
BR

Signing Officer

Name
Leticia Piccolotto Ferreira
Title
CEO
Signed
2025-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leticia Piccolotto Ferrei
Formed
2000
Legal Domicile
De
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Maillie Llp
Address
600 WILLOWBROOK LANE SUITE 624, WEST CHESTER, PA 19382
Preparer
Jason T Wiater CPA
Phone
6106964353
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt8WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt9WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt10WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt11WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt10
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt20
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt30
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt40
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt50
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt60
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt70
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt80
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt90
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt100
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt110
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SEE PROJECT#1
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1SEE PROJECT#2
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2SEE PROJECT#3
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3SEE PROJECT#4
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4SEE PROJECT #5
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5SEE PROJECT #6
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6SEE PROJECT #7
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt7SEE PROJECT # 8
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt8SEE PROJECT # 9
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt9SEE PROJECT # 10
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt10SEE PROJECT # 11
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt11SEE PROJECT # 12
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt4SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt5SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt6SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt7SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt8SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt9SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt10SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt11SOUTH AMERICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc3N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc4N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc5N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc6N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc7N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc8N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc9N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc10N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc11N/A
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt02
IRS990ScheduleF/SubtotalOfficesCnt02
IRS990ScheduleF/SubtotalSpentAmt03109430
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0DURING 2024, FUNDACAO BRAVA FINANCIALLY SUPPORTED 12 PROJECTS AIMED AT SOCIAL-ECONOMIC DEVELOPMENT, PUBLIC SAFETY, HEALTH AND ART EDUCATION PROMOTION IN BRAZIL. BRAVA SUPPORTS INITIATIVES THAT FOSTER ENTREPRENEURSHIP AND PROFESSIONAL SKILL ACQUISITION AS A MEANS OF MAXIMIZING AND PERPETUATING INCOME GENERATION AND SUSTEINABLE EMPLOYMENT. ALSO, BRAVA ENCOURAGES PROJECTS THAT IMPACT THE LIFE CONDITIONS AND THE QUALITY OF SERVICES PROVIDED TO THE WHOLE POPULATION. THESE PROGRAMS BRING MORE EFFECTIVE PROCESSES AND SCALE GAINS, WHICH ALLOWS THE PUBLIC SECTOR TO ALLOCATE ITS RESOURCES TO NEW INVESTMENTS IN KEY AREAS SUCH AS HEALTH, PUBLIC SAFETY, EDUCATION, AND HOUSING AMONG OTHERS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II LINE 1 COL C
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleF/TotalOfficeCnt02
IRS990ScheduleF/TotalSpentAmt03109430
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAMILY RELATIONSHIP BETWEEN: CARLOS ALBERTO SICUPIRA AND CECILIA DE PAULA MACHADO SICUPIRA CHAIRPERSON DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY TO REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTATION ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LETICIA PICCOLOTTO FERREIRA - AV. NICOLAS BOER, 399-3RD WE WORK, AGUA BRANCA, SAO PAULO-SP, BRAZIL 01140-060. CARLOS ALBERTO SICUPIRA - 1017 RENATO PAES DE BARROS STREET, 15TH FLOOR, ITAIM BIBI, SAO PAULO/SP, BRAZIL 04530-001. CECILIA DE P. MACHADO SICUPIRA - 1017 RENATO PAES DE BARROS STREET, 15TH FLO ITAIM BIBI, SAO PAULO/SP, BRAZIL 04530-001.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0248950
IRS990/TotalAssetsEOYAmt0528947
IRS990/TotalAssetsGrp/BOYAmt0248950
IRS990/TotalAssetsGrp/EOYAmt0528947
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03505497
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0119080
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03109430
IRS990/TotalFunctionalExpensesGrp/TotalAmt03228510
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0248950
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0528947
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0761825
IRS990/TotalOtherProgSrvcGrantAmt0761825
IRS990/TotalProgramServiceExpensesAmt03109430
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03010
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03508507
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0248950
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0528947
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.BRAVA.ORG.BR
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/ForeignPhoneNum06106964353
ReturnHeader/BusinessOfficerGrp/PersonNm0LETICIA PICCOLOTTO FERREIRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FUNDACAO BRAVA INC
ReturnHeader/Filer/BusinessNameControlTxt0FUND
ReturnHeader/Filer/EIN0311716989
ReturnHeader/Filer/ForeignAddress/AddressLine1Txt0399 1 ANDAR TORRE CORP 01-132
ReturnHeader/Filer/ForeignAddress/CityNm0SAO PAULOSP BRAZIL
ReturnHeader/Filer/ForeignAddress/CountryCd0BR
ReturnHeader/Filer/ForeignAddress/ForeignPostalCd001140-060
ReturnHeader/Filer/PhoneNum06106964353
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0231518888
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAILLIE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 WILLOWBROOK LANE SUITE 624
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST CHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019382
ReturnHeader/PreparerPersonGrp/PhoneNum06106964353
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON T WIATER CPA
ReturnHeader/ReturnTs02025-06-18T12:10:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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