Civic Intelligence

Fundacao Brava Inc

990 • Fiscal year 2019 • EIN 31-1716989

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 04, 2020

Organization ProfileWWW.BRAVA.ORG.BR
399 1 Andar Torre Corp No 01-13Sao Paulosp Brazil 01140-060Br

(610) 696-4353

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

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

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

23rd percentile

0.00x

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

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Net Margin

84th percentile

39%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Asset Growth

100th percentile

3498%

Faster asset growth than 100% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

14%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$1,878,914

Up $1,826,693 (+3498%) from 2018

Net Assets

Up

$1,878,914

Up $1,826,693 (+3498%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin84th percentile

Revenue

Up

$4,675,691

Up $577,148 (+14%) from 2018

Expenses

Down

$2,848,999

Down $1,534,725 (-35%) from 2018

Net Income

Up

$1,826,692

Up $2,111,873 (+741%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$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

2019

Assets$1,878,914
Liabilities$0
Net Assets$1,878,914
Open 2019 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$4,675,691
Expenses$2,848,999
Net Income$1,826,692
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 4, 2020
Return Version
2019v5.1
Gross Receipts
$4,675,691
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$9,551$1,827,067▲ $1,817,516
Cash and Non-Interest-Bearing Accounts$42,670$51,847▲ $9,177
Total Assets$52,221$1,878,914▲ $1,826,693
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$52,221$1,878,914▲ $1,826,693
Total Net Assets Fund Balance$52,221$1,878,914▲ $1,826,693
Total Liabilities and Net Assets / Fund Balance$52,221$1,878,914▲ $1,826,693
Compensation and Service Providers
Top Officer Pay58th percentile

Board Members and Trustees

NameTitle
Carlos Alberto SicupiraChairperson
Cecilia De Paula Machado SicupiraDirector
Leticia Piccolotto FerreiraCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$4,671,430
Program Service Revenue
$0
Investment Income
$4,261
Other Revenue
$0
All Other Contributions
$4,671,430
Change in Net Assets
$1,826,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,450,241
Other Expenses$1,398,758
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,450,241--$1,450,241
Fees for Services Accounting-$12,090-$12,090
Other Expenses$1,385,803$8-$8
Total Functional Expenses$2,836,044$12,955$0$2,848,999
International Activity

International Summary

Offices
3
Employees
0
Spending
$2,848,999

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.1-$2,491,408
South AmericaProgram ServiceSponsorships to Recipients1-$344,636
South AmericaAdministrative-1-$12,955
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

“Carlos alberto sicupira - readingstrasse 4, 3rd flr, st. Gallen, ch-9000, switzerland. Cecilia de paula machado sicupira - readingstrasse 4, 3rd flr, st. Gallen, ch-9000, switzerland. Leticia piccolotto ferreira - rua prof. Arilio innocenti, 165-6 andar wework vila nova conceicao, sao paulo, brazil 04546-004.”

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
Phone
6106964353
Signed
2020-11-04
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Maillie Llp
Address
600 WILLOWBROOK LANE SUITE 624, WEST CHESTER, PA 19382
Preparer
Robert L Boland CPA
Phone
6106964353
Raw XML Appendix394 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.

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IRS990/Desc0FUNDING THE INSTITUTO BRAVA IN THE FIELD OF ECONOMIC DEVELOPMENT FOR MONITORING OF FUNDACAO BRAVA'S PROJECTS IN BRAZIL (PROJECT 12).IN 2012, FUNDACAO BRAVA ESTABLISHED A COOPERATION AGREEMENT WITH THE INSTITUTO BRAVA, A NON-GOVERNMENTAL ORGANIZATION (NGO), WHICH AIMS TO PROMOTE AND DEVELOP BUSINESS PRACTICES THAT ENABLE BRAZIL TO DEVELOP AND ADVANCE IN SEVERAL AREAS. IN THIS WAY, INSTITUTO BRAVA IS RESPONSIBLE FOR THE MONITORING AND TRACKING OF ALL THE PROJECTS SUPPORTED BY FUNDACAO BRAVA IN BRAZIL.
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0PROJECTS AND NGOS SPONSORED BY FUNDACAO BRAVA IN 2019 DURING 2019, FUNDACAO BRAVA FINANCIALLY SUPPORTED 12 PROJECTS AIMED AT SOCIAL-ECONOMIC DEVELOPMENT, PUBLIC SAFETY AND ART AND EDUCATION PROMOTION IN BRAZIL. BRAVA SUPPORTS INITIATIVES THAT FOSTER ENTREPRENEURSHIP AND PROFESSIONAL SKILL ACQUISITION AS A MEANS OF MAXIMIZING AND PERPETUATING INCOME GENERATION AND SUSTAINABLE EMPLOYMENT. ALSO, BRAVA ENCOURAGES PROJECTS THAT, THROUGH THE IMPROVEMENT OF PUBLIC ADMINISTRATION, POSITIVELY 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 #1. INSPER: 1.1 ENGINEERING SCHOOL THIS PROGRAM BEGAN IN 2015 AND HAS THREE ENGINEERING COURSES: MECHANICS, MECHATRONICS AND COMPUTER. THE ENTIRE CURRICULUM WAS DESIGNED IN PARTNERSHIP WITH ONE OF THE WORLD'S MOST INNOVATIVE ENGINEERING SCHOOLS, THE OLIN COLLEGE OF ENGINEERING. 1.2 CENTER FOR PUBLIC POLICY THE PROGRAM IN PUBLIC POLICY COLLABORATES WITH THE IMPROVEMENT OF EDUCATION AND TRAINING OF PROFESSIONALS IN THE AREA OF MANAGEMENT AND PUBLIC POLICY, SO THAT THEY ARE COMMITTED TO THE PROJECT OF A BETTER COUNTRY, AS WELL AS TO PROMOTE THE PRODUCTION OF RELEVANT KNOWLEDGE TO SOCIETY. THE RESULTS WERE ORGANIZED AS LISTED BELOW: -30 EXECUTIVE EDUCATION CLASSES WERE HELD (IN THE FIELDS OF PUBLIC POLICY AND MANAGEMENT, AND JOURNALISM); - 87 EVENTS: DEBATES, WORKSHOPS WITH MANAGEMENT AND PUBLIC POLICY THEMES; COURSE ON INNOVATION AND TRANSFORMATION IN THE PUBLIC SECTOR: NPS 100. FIRST CLASS OF THE MASTER IN PUBLIC POLICY STARTED CLASSES IN APRIL WITH 12 STUDENTS. 1.3 RENOVA COURSE ASSOCIACAO RENOVABR IS A BRAZILIAN NON-PROFIT AND NON-PARTISAN ORGANIZATION THAT FOSTERS COMMON CITIZENS TO BECOME POLITICAL LEADERS AND TO GET INTO POLITICS FOR THE FIRST TIME. ITS PROGRAM IS FOCUSED ON THREE MAIN PILLARS: (I) EDUCATION/MENTORING: A COMBINATION OF IN-PERSON AND ONLINE MODULES LED BY TOP-NOTCH TEACHERS PROVIDING STUDENTS WITH A SOLID FOUNDATION IN GOVERNMENT AND POLITICS; (II) BRANDING: AN INTEGRATED BRANDING STRATEGY ESTABLISHING RENOVABR AS A QUALITY STAMP FOR NEW LEADERSHIP IN BRAZIL; AND (III)SCHOLARSHIPS: STUDENTS ARE GRANTED A SCHOLARSHIP COVERING 100% OF THE TUITION. BRAVA SUPPORTED TWO PROJECTS IN 2019: - STRATEGIC MANAGEMENT FOR LEGISLATIVE MANDATES: THE FIRST OF THIS KIND IN BRAZIL. 56 CONGRESSMEN IN THEIR FIRST TERM IN OFFICE JOINED THIS TRAINING COURSE. MOREOVER, RENOVABR ORGANISED RECURRING MEETINGS IN BRASILIA WHEN CONGRESSMEN WERE INVITED TO DISCUSS SUBJECTS CHOSEN BY THEM WITH RENOWNED SPECIALISTS. IN THE THREE EVENTS HELD UNTIL NOW, PENSION REFORM, TAX SYSTEM REFORM AND THE ANTI-CRIME LEGISLATION PACKAGE WERE THE SUBJECTS DISCUSSED. - RBR IDEIAS ALERJ : CAPACITY BUILDING TO LOCAL MEMBERS OF PARLIAMENT IN THE STATE OF RIO DE JANEIRO (CHOSEN DUE TO HIGH GOVERNMENT DEFICIT); 1.4 INSPER SCHOLARSHIP SUPPORT THE TRAINING OF QUALIFIED PROFESSIONALS IN VARIOUS AREAS OF KNOWLEDGE, DEMOCRATIZING ACCESS TO HIGHER EDUCATION. IN 2019, ONE OF THE OUTSTANDING PROJECTS WAS THE CREATION OF THE STUDENT HOUSE, THE FIRST STUDENT HOUSING OF A PRIVATE INSTITUTION, WHICH CONTRIBUTES TO THE PERMANENCE OF LOW-INCOME STUDENTS THROUGHOUT UNIVERSITY EDUCATION. #2. INSTITUTO TALENTO BRASIL . ITB ITB IS A CIVIL SOCIETY ORGANIZATION OF PUBLIC INTEREST, NONPARTISAN, WHICH OBJECTIVE IS TO PROMOTE DISCUSSION AND FORMULATION OF PUBLIC POLICIES FOCUSED ON ECONOMIC DEVELOPMENT. ITB HAS A PROGRAM FOCUSED ON SUPPORTING THE FORMULATION AND DECISION-MAKING OF PUBLIC POLICIES IN ORDER TO FOSTER THE DISCUSSION AND FORMULATION OF LAW PROJECTS AND ACTIONS WITH THE EXECUTIVE AND CONGRESS. IN 2019, BRAVA FOUNDATION SUPPORTED ITB INSTITUTIONAL DEVELOPMENT AND A FEW SPECIFIC PROJECTS: TWO PROJECTS TO SUPPORT THE ELABORATION OF LEGISLATIVE PROPOSALS - TAX REFORM AND TECHNICAL EDUCATION P
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1#5. FUNDACAO ESTUDAR FOUNDED IN JULY 1991, IN BRAZIL, FUNDACAO ESTUDAR IS A NON-PROFIT ORGANIZATION THATPROVIDES SCHOLARSHIPS TO BRAZILIAN STUDENTS TO PURSUE BUSINESS, ECONOMICS AND PUBLIC MANAGEMENT DEGREES AT THE UNDERGRADUATE, GRADUATE AND PH.D. LEVELS, BOTH IN BRAZIL AND ABROAD. SINCE ITS FOUNDATION, FUNDACAO ESTUDAR HAS ALREADY GIVEN APPROXIMATELY 600 SCHOLARSHIPS FOR YOUNG BRAZILIANS TO COMPLETE THEIR STUDIES IN WELL-KNOWN INSTITUTIONS WORLDWIDE, WITH THE MAIN OBJECTIVE OF ALLOWING THEM TO RECEIVE THE BEST EDUCATION AVAILABLE IN THEIR FIELDS. IN 2019, BRAVA SUPPORTED THE PROGRAMA GLIDERES ESTUDARH, CARRIED OUT BY FUNDACAO ESTUDAR AND IN WHICH 29 NEW SCHOLARS WERE SELECTED INTO THE FELLOWSHIP PROGRAM. OF THESE, 10 WERE GRANTED GRADUATE SCHOLARSHIPS AND 19 WERE GRANTED UNDERGRADUATE SCHOLARSHIPS #6. INSTITUTO ALPHA LUMEN INSTITUTO ALPHA LUMEN IS AN NGO THAT DEVELOPS AND IMPLEMENTS EDUCATIONAL SOLUTIONS FOR YOUNG PEOPLE AND CHILDREN WITH HIGH HIGH SKILLS. ALPHA LUMEN AIMS TO FORM LEADERS CAPABLE OF POSITIVELY IMPACTING ITS SURROUNDINGS AND REACH THE WORLD. IN 2019, BRAVA FOUNDATION INSTITUTIONALLY SUPPORTED ALPHA LUMEN BY GRANTING SCHOLARSHIPS IN THE "PROJETO ESCOLA" ("SCHOOL PROJECT"). THIS IS ALPHA LUMEN'S EXPERIMENTAL EDUCATIONAL PROJECT THAT PROVIDES SERVICES IN BASIC EDUCATION, COMPRISING DIFFERENT AREAS OF EDUCATION, SOCIO-EMOTIONAL, HIGH SKILLS AND CYBERCULTURE, ALL WITH A FOCUS ON SERVING MAINLY STUDENTS FROM PUBLIC SCHOOLS AND VULNERABILITY. #7. COLUMBIA UNIVERSITY: FOUNDERS CIRCLE COLUMBIA GLOBAL CENTRE | RIO DE JANEIRO IS A HUB FOR COLUMBIA PROGRAMS AND INITIATIVES RELEVANT TO BRAZIL. ESTABLISHED IN 2013, THE CENTRE CONTRIBUTES TO BRAZIL'S ACADEMIC AND RESEARCH ENVIRONMENT, WHILE ALSO ALLOWING MEMBERS OF THE COLUMBIA COMMUNITY TO INCREASE THEIR KNOWLEDGE AND EXPLORE ACADEMIC OPPORTUNITIES WITHIN BRAZIL. THE CENTRE WORKS IN COLLABORATION WITH LOCAL UNIVERSITIES, NON-GOVERNMENTAL ORGANIZATIONS, AND PUBLIC INSTITUTIONS TO DESIGN CROSS-CUTTING, INNOVATIVE PROGRAMS THAT AIM TO IMPROVE THE UNDERSTANDING OF GLOBAL CHALLENGES THROUGH A TRANSDISCIPLINARY, TRANSCULTURAL AND APPLIED PERSPECTIVE. ONGOING EVENTS, LECTURES, AND SEMINARS HOSTED BY THE CENTRE BUILD A LIVELY AND ENGAGED COMMUNITY OF LOCAL AND INTERNATIONAL ALUMNI, STUDENTS, AND FACULTY. THIS DONATION WILL BE USED TO FUND THE CENTREFS ACTIVITIES. FUNDACAO BRAVA MAKES AN INSTITUTIONAL DONATION EVERY YEAR TO COLUMBIA GLOBAL CENTER, IN ORDER TO CONTRIBUTE WITH THE MAINTENANCE OF THEIR INITIATIVES. IN 2019, COLUMBIA HAD GREAT RESULTS, AS LISTED BELOW: - 70 ACADEMIC PROGRAMS O APPLIED SCIENCES - 1 O CREATIVE ARTS AND CULTURAL STUDIES - 3 O ENTREPRENEURSHIP AND BUSINESS - 5 O GLOBAL HEALTH - 8 O GOVERNMENT AND SOCIETY - 50 O SUSTAINABILITY AND ENVIRONMENT - 3 - ORGANIZATION OF THIRD ANNUAL SEMINAR AGAINST SEXUAL EXPLOITATION OF CHILDREN AND ADOLESCENTS IN BRAZIL. THE SEMINAR FOCUSED ON HOW THE PORNOGRAPHY INDUSTRY IS CREATING A GENERATION OF VIOLENT MEN AND SUBMISSIVE WOMEN. - ORGANIZED THE 4TH EDITION OF THE ANNUAL SEMINAR ON PUBLIC ADMINISTRATION IN SAO PAULO. - PARTNERED WITH INSPER TO HOLD THE - INNOVATION IN THE PUBLIC SECTOR EXECUTIVE PROGRAMME, WITH THE PRESENCE OF ALEXIS WICHOWSKI OF SIPA. SHE HAS LECTURED ABOUT SOCIAL MEDIA AND COMMUNICATIONS IN GOVERNMENT. - PUBLICATION AND DESIGN OF THREE MATERIALS: O COLUMBIA PROGRAM WOMENFS LEADERSHIP NETWORK IN BRAZIL O WORKSHOP REPORT: THREATS TO THE BRAZILIAN ENVIRONMENT AND ENVIRONMENTAL POLICY O THREATS TO BRAZILIAN ENVIRONMENTAL POLICY: PROTECTING THE AMAZON BIOME #8. ARAPYAU INSTITUTO ARAPYAU IS AN NGO WITH A MISSION TO CONTRIBUTE TO THE EFFECTIVE PROMOTION OF SUSTAINABLE DEVELOPMENT THROUGH NETWORKING AND THE COLLECTIVE CONSTRUCTION OF INNOVATIVE SOLUTIONS FOR THE ENVIRONMENTAL, SOCIAL AND ECONOMIC WELL-BEING. WITHIN PHILANTHROPY, THEIR FIELD OF ACTIVITY IS PRIVATE SOCIAL INVESTMENT. THEY IDENTIFY OPPORTUNITIES AND VOLUNTARILY DIRECT FINANCIAL AND STRATEGIC RESOURCES TO ORGANIZATIONS, NETWORKS AND PROJECTS THAT WORK
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2#12. INSTITUTO BRAVA: MONITORING OF FUNDACAO BRAVAFS PROJECTS IN BRAZIL IN 2012, FUNDACAO BRAVA ESTABLISHED A COOPERATION AGREEMENT WITH THE INSTITUTO BRAVA, A NON-GOVERNMENTAL ORGANIZATION (NGO), WHICH AIMS TO PROMOTE AND DEVELOP BUSINESS PRACTICES THAT ENABLE BRAZIL TO DEVELOP AND ADVANCE IN SEVERAL AREAS. IN THIS WAY, INSTITUTO BRAVA IS RESPONSIBLE FOR THE MONITORING AND TRACKING OF ALL THE PROJECTS SUPPORTED BY FUNDACAO BRAVA IN BRAZIL. AMONG THE MAIN ACTIVITIES ARE: - PERFORM ITS SERVICES WITH TECHNICAL RIGOR AND HIGH ETHICAL STANDARDS, PURSUANT TO THE INFORMATION PROVIDED BY FUNDACAO: - IMMEDIATELY REPORT ANY INCONSISTENCY AS WELL AS ANY EMERGING DOUBTS TO FUNDACAO. - ENSURE THAT THE FUNDS GRANTED UNDER THIS INSTRUMENT OF COOPERATION (I) ARE USED FOR CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES CONSISTENT WITH FUNDACAO BRAVA'S ARTICLES OF INCORPORATION AND (II) DO NOT INURE, IN WHOLE OR IN PART, TO THE BENEFIT OF PRIVATE SHAREHOLDERS OR INDIVIDUALS AND THEIR RESPECTIVE FAMILIES. - CERTIFY THAT THE PROJECTS DO NOT EMPLOY OR DEAL WITH ANY INDIVIDUALS OR ENTITIES ON ANY LISTS OF TERRORIST-LINKED ORGANIZATIONS ISSUED BY THE UNITES STATES GOVERNMENT, THE UNITED NATIONS OR THE EUROPEAN UNION, OR WITH ANY INDIVIDUALS OR ENTITIES KNOWN TO SUPPORT TERRORISM. - AGREE TO UNDERTAKE REASONABLE STEPS AND PRECAUTIONS TO ENSURE THAT THE FUNDS PROVIDED BY FUNDACAO BRAVA ARE NOT ULTIMATELY DISTRIBUTED TO TERRORIST ORGANIZATIONS. - REPORT STEPS AND PRECAUTIONS TAKEN TO MEET THE OBLIGATIONS DESCRIBED ABOVE AND PROVIDE PERIODIC REPORTS TO FUNDACAO BRAVA EXPLAINING THE USE OF GRANTS. - ENSURE THAT FUNDS GRANTED UNDER THIS INSTRUMENT OF COOPERATION ARE NOT USED FOR THE DIRECT OR INDIRECT PARTICIPATION OR INTERVENTION IN POLITICAL CAMPAIGNS ON BEHALF OF OR IN OPPOSITION TO ANY CANDIDATE FOR PUBLIC OFFICE. IN 2019, INSTITUTO BRAVA DID ALL ACTIVITIES LISTED SATISFACTORILY WITH REGARDS TO THE PROJECTS SUPPORTED BY FUNDACAO BRAVA IN BRAZIL.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART II LINE 1 COL C
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2PART II LINE 1 COL C (CONTINUED)
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc3PART II LINE 1 COL C (CONTINUED)
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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/ExplanationTxt3CARLOS ALBERTO SICUPIRA - READINGSTRASSE 4, 3RD FLR, ST. GALLEN, CH-9000, SWITZERLAND. CECILIA DE PAULA MACHADO SICUPIRA - READINGSTRASSE 4, 3RD FLR, ST. GALLEN, CH-9000, SWITZERLAND. LETICIA PICCOLOTTO FERREIRA - RUA PROF. ARILIO INNOCENTI, 165-6 ANDAR WEWORK VILA NOVA CONCEICAO, SAO PAULO, BRAZIL 04546-004.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,878,914
Liabilities
$0
Net assets
$1,878,914
Revenue
$4,675,691
Expenses
$2,848,999
Net income
$1,826,692
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$3.51$3.23$0.28
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.88$2.14$0.26
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$3.94$4.01$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$4.50$4.21$0.28
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$3.18$4.76$1.59
2019Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$4.68$2.85$1.83
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$4.10$4.38$0.29
2017Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$3.44$3.53$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$5.66$5.38$0.27
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$2.04$2.02$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$3.04$3.07$0.03