Civic Intelligence

Brain Research Foundation

990 • Fiscal year 2018 • EIN 36-2477928

Jul 01, 2017 to Jun 30, 2018 • Filed on May 13, 2019

Organization ProfileWWW.THEBRF.ORG

View Organization Page

111 W Washington St No 1460Chicago, IL 60602

(312) 759-5160

Siviq Scores

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

Liabilities / Assets

21st percentile

0.03x

Higher debt load relative to assets than 21% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

49th percentile

0.22x

Higher debt load relative to revenue than 49% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

71st percentile

8.3%

Faster asset growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

28th percentile

-3.1%

Faster revenue growth than 28% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$16,759,623

Up $1,289,711 (+8.3%) from 2017

Net Assets

Up

$16,260,957

Up $1,449,547 (+9.8%) from 2017

Liabilities

Down

$498,666

Down $159,836 (-24%) from 2017

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin73rd percentile

Revenue

Down

$2,221,623

Down $70,163 (-3.1%) from 2017

Expenses

Down

$1,897,019

Down $159,901 (-7.8%) from 2017

Net Income

Up

$324,604

Up $89,738 (+38%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$30M$20M$10M$0Assets 2010: $11,155,855Liabilities 2010: $122,587Net Assets 2010: $11,033,2682010Assets 2012: $14,008,799Liabilities 2012: $90,389Net Assets 2012: $13,918,4102012Assets 2013: $15,207,398Liabilities 2013: $206,127Net Assets 2013: $15,001,2712013Assets 2014: $16,922,721Liabilities 2014: $298,199Net Assets 2014: $16,624,5222014Assets 2015: $16,790,452Liabilities 2015: $799,091Net Assets 2015: $15,991,3612015Assets 2016: $14,708,537Liabilities 2016: $929,267Net Assets 2016: $13,779,2702016Assets 2017: $15,469,912Liabilities 2017: $658,502Net Assets 2017: $14,811,4102017Assets 2018: $16,759,623Liabilities 2018: $498,666Net Assets 2018: $16,260,9572018Assets 2019: $17,872,481Liabilities 2019: $525,477Net Assets 2019: $17,347,0042019Assets 2020: $19,333,418Liabilities 2020: $585,280Net Assets 2020: $18,748,1382020Assets 2021: $24,853,249Liabilities 2021: $764,590Net Assets 2021: $24,088,6592021Assets 2022: $19,014,948Liabilities 2022: $763,479Net Assets 2022: $18,251,4692022Assets 2023: $20,276,479Liabilities 2023: $1,087,171Net Assets 2023: $19,189,3082023Assets 2024: $22,285,786Liabilities 2024: $1,122,460Net Assets 2024: $21,163,3262024

Highlighted filing

2018

Assets$16,759,623
Liabilities$498,666
Net Assets$16,260,957
Open 2018 Filing

Operations Trend

Revenue Growth28th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,211,4112010Expenses 2012: $1,553,8262012Expenses 2013: $1,756,8692013Revenue 2014: $2,842,895Expenses 2014: $2,348,618Net Income 2014: $494,2772014Revenue 2015: $2,721,442Expenses 2015: $2,538,431Net Income 2015: $183,0112015Revenue 2016: $1,589,039Expenses 2016: $2,782,060Net Income 2016: -$1,193,0212016Revenue 2017: $2,291,786Expenses 2017: $2,056,920Net Income 2017: $234,8662017Revenue 2018: $2,221,623Expenses 2018: $1,897,019Net Income 2018: $324,6042018Revenue 2019: $1,798,957Expenses 2019: $1,774,513Net Income 2019: $24,4442019Revenue 2020: $1,900,552Expenses 2020: $2,083,234Net Income 2020: -$182,6822020Revenue 2021: $4,721,537Expenses 2021: $2,665,507Net Income 2021: $2,056,0302021Revenue 2022: $2,489,419Expenses 2022: $2,955,646Net Income 2022: -$466,2272022Revenue 2023: $2,276,483Expenses 2023: $2,679,274Net Income 2023: -$402,7912023Revenue 2024: $3,977,449Expenses 2024: $3,105,586Net Income 2024: $871,8632024

Highlighted filing

2018

Revenue$2,221,623
Expenses$1,897,019
Net Income$324,604
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 13, 2019
Return Version
2017v2.3
Gross Receipts
$9,250,466
Mission and Program Overview

Mission

The foundation is committed to supporting neuroscience research that leads to advances in understanding of brain function and treatment of brain-related disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,943,362$16,514,211▲ $1,570,849
Savings and Temporary Cash Investments$468,219$98,217▼ $370,002
Pledges and Grants Receivable$0$91,145▲ $91,145
Cash and Non-Interest-Bearing Accounts$40,059$40,965▲ $906
Land, Buildings, and Equipment, Net$10,072$6,885▼ $3,187
Prepaid Expenses and Deferred Charges$3,000$3,000→ $0
Total Assets$15,469,912$16,759,623▲ $1,289,711
Other Assets Total$5,200$5,200→ $0
Liabilities
Grants Payable$585,000$430,000▼ $155,000
Accounts Payable and Accrued Expenses$42,597$41,123▼ $1,474
Other Liabilities$30,905$27,543▼ $3,362
Total Liabilities$658,502$498,666▼ $159,836
Net Assets / Fund Balance
Unrestricted Net Assets$12,975,523$14,244,675▲ $1,269,152
Permanently Rstr Net Assets$1,500,000$1,500,000→ $0
Temporarily Rstr Net Assets$335,887$516,282▲ $180,395
Total Net Assets Fund Balance$14,811,410$16,260,957▲ $1,449,547
Total Liabilities and Net Assets / Fund Balance$15,469,912$16,759,623▲ $1,289,711

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$485$72,222$72,707
Other Land Buildings$0$53,134$53,134
Leasehold Improvements$6,400-$6,400

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,591,174-▲ $238,683-$1,717,404
2016$1,511,053-▲ $188,144-$1,591,174
2015$1,802,648-▼ $73,591-$1,511,053
2014$1,909,329-▲ $97,096-$1,802,648
2013$1,682,635-▲ $328,761-$1,909,329
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terre ConstantineExecutive Director/CEOFT$201,016$53,798$254,814

Board Members and Trustees

NameTitle
Peter PondChairman
Norm BobinsVice Chairman
Bennett Leventhal MdTrustee
C Brant AhrensTrustee
David OlsonTrustee
David PurcellTrustee
Doug WalterTrustee
Marshall FrontTrustee
Nathan HansenTrustee
Richard ChaifetzTrustee
Richard KohnTrustee
Robert Malenka Md PhdTrustee
Scott SerotaTrustee
Thomas Reynolds IiiTrustee
Wilber GantzTrustee
Linda HeagyTrustee - Part Year
Diane JastrombSecretary
Dan ShapiroTreasurer
Peter EschenbachTreasurer - Part Year
Revenue and Support

Revenue Composition

Contributions and Grants
$1,168,623
Program Service Revenue
$0
Investment Income
$1,066,232
Other Revenue
$-13,232
All Other Contributions
$513,223
Change in Net Assets
$324,604

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$54,672Fair Market Value
Total Noncash Contributions3$54,672-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,221,623
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,124,943
Total Revenue per Audited Statements
$3,346,566
Total Revenue per Form 990
$2,221,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,115,000
Salaries, Compensation, and Employee Benefits$464,076
Other Expenses$317,943
Total Fundraising Expense$236,510
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,115,000--$1,115,000
Current Officers, Directors, Trustees, and Key Employees$127,519$57,272$75,186$259,977
Other Salaries and Wages$45,397$20,389$26,766$92,552
Fees for Service Investment Mgmnt Fees$37,396$16,796$22,050$76,242
Occupancy$24,380$10,950$14,374$49,704
Pension Plan Contributions$23,921$10,745$14,104$48,770
Other Employee Benefits$20,725$9,308$12,219$42,252
Fees for Services Accounting$14,225$6,388$8,387$29,000
Office Expenses$11,554$5,188$6,812$23,554
Advertising$10,651$4,785$6,280$21,716
Payroll Taxes$10,067$4,522$5,936$20,525
Other Expenses$6,037$2,711$3,559$12,307
Conferences and Meetings$5,437$2,442$3,205$11,084
Insurance$3,318$1,491$1,956$6,765
Information Technology$3,236$1,453$1,908$6,597
Depreciation Depletion$1,563$702$922$3,187
Travel$343$153$202$698
Total Functional Expenses$1,480,349$180,160$236,510$1,897,019

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,897,019
Total Expenses per Audited Statements$1,897,019
Total Expenses per Form 990$1,897,019
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$177,798
Fundraising Gross Income$164,566
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Benefit$766,051$150,806$118,754$32,052
Young Leadership Event$53,915$13,760$8,008$5,752
Total Events$819,966$164,566$177,798$-13,232
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Abigail HansenFamily Member of Nathan Hansen, TrusteeAbigail Hansen Served as the Office Manager of the Organization.No$20,332
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Expense$27,543
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

“Board member norm bobins and c. Brant ahrens both work for the same non-related company and share a business relationship.”

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

“The board retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a full copy to all voting members of the governing body prior to filing. The governing body is provided a reasonable amount of time to review the return and ask any questions directly to organization or the contact at the independent cpa firm prior to filing.”

Form 990, Part VI, Section B, Line 12C

“All officers are required to disclose any conflict of interest to the board of trustees, according to the by-laws of the organization, which also allow for the removal of an officer if it is in the best interest of the foundation.”

Form 990, Part VI, Section B, Line 15

“The executive committee of the board of trustees determines and votes on compensation for the executive director and all other employees of the brain research foundation. A special meeting of the executive committee was held to review compensation data provided by the "2016 charity navigator ceo compensation study" to determine the salary for the executive director.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available through applicable governmental agencies; the conflict of interest policy is available upon written request to the organization.”

Filing and Contact Details

Filer

Filer Name
Brain Research Foundation
EIN
36-2477928
Phone
3127595160
Address
111 W WASHINGTON ST NO 1460, CHICAGO, IL 60602

Signing Officer

Name
Terre a Constantine
Title
Executive Director/CEO
Phone
3127595160
Signed
2019-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terre a Constantine
Formed
1953
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
4
Volunteers
17

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
Lu Ann Trapp
Phone
3122071040
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“Endowment funds maintained to provide a permanent source of income, with the stipulation that principal must be invested and kept intact in perpetuity, while only the income generated can be used by the organization.”

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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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IRS990/Desc0THE BRAIN RESEARCH FOUNDATION SUPPORTS PROFESSIONAL TRAINING, EDUCATION, AND RESEARCH BY PROVIDING START-UP MONEY FOR INNOVATIVE NEUROSCIENCE RESEARCH PROJECTS ACROSS THE BROAD SPECTRUM OF THESE ILLNESSES, INCLUDING BUT NOT LIMITED TO: ALS (LOU GEHRIG'S DISEASE), ALZHEIMER'S DISEASE, ATTENTION DEFICIT DISORDER, AUTISM, BIPOLAR DISORDER, DEPRESSION AND ANXIETY, EPILEPSY, HEAD INJURIES, PARKINSON'S DISEASE, SCHIZOPHRENIA, AND STROKE. ADVANCING SCIENCE IN THESE AREAS WILL HELP ALL HUMANS AFFLICTED WITH NEUROLOGICAL DISORDERS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
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IRS990/Form990PartVIISectionAGrp/PersonNm1NORM BOBINS
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IRS990/Form990PartVIISectionAGrp/PersonNm3DIANE JASTROMB
IRS990/Form990PartVIISectionAGrp/PersonNm4PETER ESCHENBACH
IRS990/Form990PartVIISectionAGrp/PersonNm5C BRANT AHRENS
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD CHAIFETZ
IRS990/Form990PartVIISectionAGrp/PersonNm7MARSHALL FRONT
IRS990/Form990PartVIISectionAGrp/PersonNm8WILBER GANTZ
IRS990/Form990PartVIISectionAGrp/PersonNm9NATHAN HANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD KOHN
IRS990/Form990PartVIISectionAGrp/PersonNm11BENNETT LEVENTHAL MD
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBERT MALENKA MD PHD
IRS990/Form990PartVIISectionAGrp/PersonNm13DAVID OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVID PURCELL
IRS990/Form990PartVIISectionAGrp/PersonNm15THOMAS REYNOLDS III
IRS990/Form990PartVIISectionAGrp/PersonNm16SCOTT SEROTA
IRS990/Form990PartVIISectionAGrp/PersonNm17DOUG WALTER
IRS990/Form990PartVIISectionAGrp/PersonNm18LINDA HEAGY
IRS990/Form990PartVIISectionAGrp/PersonNm19TERRE CONSTANTINE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19201016
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER - PART YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE - PART YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE DIRECTOR/CEO
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IRS990/Form990TFiledInd01
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0655400
IRS990/FundraisingDirectExpensesAmt0177798
IRS990/FundraisingGrossIncomeAmt0164566
IRS990/GainOrLossGrp/SecuritiesAmt0701592
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt01115000
IRS990/GrantsPayableGrp/BOYAmt0585000
IRS990/GrantsPayableGrp/EOYAmt0430000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01115000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01115000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt07552637
IRS990/GrossReceiptsAmt09250466
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01908
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01453
IRS990/InformationTechnologyGrp/ProgramServicesAmt03236
IRS990/InformationTechnologyGrp/TotalAmt06597
IRS990/InsuranceGrp/FundraisingAmt01956
IRS990/InsuranceGrp/ManagementAndGeneralAmt01491
IRS990/InsuranceGrp/ProgramServicesAmt03318
IRS990/InsuranceGrp/TotalAmt06765
IRS990/InvestmentIncomeGrp/ExclusionAmt0364640
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0364640
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014943362
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016514211
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0125356
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010072
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06885
IRS990/LandBldgEquipCostOrOtherBssAmt0132241
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06851045
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS COMMITTED TO SUPPORTING NEUROSCIENCE RESEARCH THAT LEADS TO ADVANCES IN UNDERSTANDING OF BRAIN FUNCTION AND TREATMENT OF BRAIN-RELATED DISORDERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt014811410
IRS990/NetAssetsOrFundBalancesEOYAmt016260957
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0701592
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0701592
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-13232
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-13232
IRS990/NetUnrelatedBusTxblIncmAmt0588
IRS990/NetUnrlzdGainsLossesInvstAmt01124943
IRS990/NoncashContributionsAmt054672
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt014374
IRS990/OccupancyGrp/ManagementAndGeneralAmt010950
IRS990/OccupancyGrp/ProgramServicesAmt024380
IRS990/OccupancyGrp/TotalAmt049704
IRS990/OfficeExpensesGrp/FundraisingAmt06812
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05188
IRS990/OfficeExpensesGrp/ProgramServicesAmt011554
IRS990/OfficeExpensesGrp/TotalAmt023554
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05200
IRS990/OtherAssetsTotalGrp/EOYAmt05200
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012219
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09308
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020725
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042252
IRS990/OtherExpensesGrp/Desc0EDUCATIONAL PROJECT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt032644
IRS990/OtherExpensesGrp/FundraisingAmt13559
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024865
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12711
IRS990/OtherExpensesGrp/ProgramServicesAmt019580
IRS990/OtherExpensesGrp/ProgramServicesAmt16037
IRS990/OtherExpensesGrp/TotalAmt077089
IRS990/OtherExpensesGrp/TotalAmt112307
IRS990/OtherLiabilitiesGrp/BOYAmt030905
IRS990/OtherLiabilitiesGrp/EOYAmt027543
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt026766
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020389
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt045397
IRS990/OtherSalariesAndWagesGrp/TotalAmt092552
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05936
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04522
IRS990/PayrollTaxesGrp/ProgramServicesAmt010067
IRS990/PayrollTaxesGrp/TotalAmt020525
IRS990/PensionPlanContributionsGrp/FundraisingAmt014104
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010745
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt023921
IRS990/PensionPlanContributionsGrp/TotalAmt048770
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IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01500000
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03000
IRS990/PrincipalOfficerNm0TERRE A CONSTANTINE
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE BRAIN RESEARCH FOUNDATION SUPPORTS EDUCATIONAL PROGRAMS FOR RESEARCHERS AND THE GENERAL PUBLIC THROUGH OUR WEBSITE, PRINTED MATERIALS AND SEMINARS. BRF SPONSORS AN ANNUAL NEUROSCIENCE DAY, WHICH EDUCATES RESEARCHERS WORKING ON THE BRAIN AND NERVOUS SYSTEM. THE FOUNDATION EDUCATES THE PUBLIC ON SUCH TOPICS AS AUTISM, STROKE AND SPORTS-RELATED BRAIN INJURIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0125122
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01360751
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01260000
IRS990/PYInvestmentIncomeAmt01049667
IRS990/PYOtherExpensesAmt0314764
IRS990/PYOtherRevenueAmt0-118632
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0234866
IRS990/PYSalariesCompEmpBnftPaidAmt0482156
IRS990/PYTotalExpensesAmt02056920
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02291786
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,759,623
Liabilities
$498,666
Net assets
$16,260,957
Revenue
$2,221,623
Expenses
$1,897,019
Net income
$324,604
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.3$1.12$21.2$3.98$3.11$0.87
2023Detailed filing. Detailed filing data is available for this year.$20.3$1.09$19.2$2.28$2.68$0.40
2022Detailed filing. Detailed filing data is available for this year.$19.0$0.76$18.3$2.49$2.96$0.47
2021Detailed filing. Detailed filing data is available for this year.$24.9$0.76$24.1$4.72$2.67$2.06
2020Detailed filing. Detailed filing data is available for this year.$19.3$0.59$18.7$1.90$2.08$0.18
2019Detailed filing. Detailed filing data is available for this year.$17.9$0.53$17.3$1.80$1.77$0.02
2018Detailed filing. Detailed filing data is available for this year.$16.8$0.50$16.3$2.22$1.90$0.32
2017Detailed filing. Detailed filing data is available for this year.$15.5$0.66$14.8$2.29$2.06$0.23
2016Detailed filing. Detailed filing data is available for this year.$14.7$0.93$13.8$1.59$2.78$1.19
2015Detailed filing. Detailed filing data is available for this year.$16.8$0.80$16.0$2.72$2.54$0.18
2014Detailed filing. Detailed filing data is available for this year.$16.9$0.30$16.6$2.84$2.35$0.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$0.21$15.0$1.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.09$13.9$1.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$0.12$11.0$1.21