Civic Intelligence

Brain Research Foundation

990 • Fiscal year 2020 • EIN 36-2477928

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 26, 2021

111 W Washington St No 1460Chicago, IL 60602

(312) 759-5150

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.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

52nd percentile

0.31x

Higher debt load relative to revenue than 52% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

19th percentile

-9.6%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

77th percentile

$286,239

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

54th percentile

8.2%

Faster asset growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

58th percentile

5.6%

Faster revenue growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$19,333,418

Up $1,460,937 (+8.2%) from 2019

Net Assets

Up

$18,748,138

Up $1,401,134 (+8.1%) from 2019

Liabilities

Up

$585,280

Up $59,803 (+11%) from 2019

Revenue

Up

$1,900,552

Up $101,595 (+5.6%) from 2019

Expenses

Up

$2,083,234

Up $308,721 (+17%) from 2019

Net Income

Down

-$182,682

Down $207,126 (-847%) from 2019

Historical Trend

Balance Sheet Trend

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

2020

Assets$19,333,418
Liabilities$585,280
Net Assets$18,748,138

Operations Trend

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

2020

Revenue$1,900,552
Expenses$2,083,234
Net Income-$182,682
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 26, 2021
Return Version
2019v5.2
Gross Receipts
$12,460,383
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.

Support of neuroscience research to advance the understanding of brain function and treatment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$17,445,821$18,978,234▲ $1,532,413
Cash and Non-Interest-Bearing Accounts$54,682$177,668▲ $122,986
Savings and Temporary Cash Investments$214,946$156,137▼ $58,809
Pledges and Grants Receivable$132,000$0▼ $132,000
Prepaid Expenses and Deferred Charges$15,800$15,000▼ $800
Land, Buildings, and Equipment, Net$4,032$1,179▼ $2,853
Total Assets$17,872,481$19,333,418▲ $1,460,937
Other Assets Total$5,200$5,200→ $0
Liabilities
Grants Payable$470,000$510,000▲ $40,000
Accounts Payable and Accrued Expenses$33,771$60,236▲ $26,465
Other Liabilities$21,706$15,044▼ $6,662
Total Liabilities$525,477$585,280▲ $59,803
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,380,680$16,610,676▲ $1,229,996
Net Assets With Donor Restrictions$1,966,324$2,137,462▲ $171,138
Total Net Assets Fund Balance$17,347,004$18,748,138▲ $1,401,134
Total Liabilities and Net Assets / Fund Balance$17,872,481$19,333,418▲ $1,460,937

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$648$72,059$72,707
Other Land Buildings$474$52,660$53,134
Leasehold Improvements$57$6,343$6,400

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,738,096-▲ $248,459-$1,875,267
2018$1,717,404-▲ $130,313-$1,738,096
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terre ConstantineExecutive Director/CEOFT$217,127$69,112$286,239
Sandra JaggiDirector of PhilanthropyFT$105,011$24,705$129,716
Revenue and Support

Revenue Composition

Contributions and Grants
$1,455,566
Program Service Revenue
$0
Investment Income
$569,327
Other Revenue
$-124,341
All Other Contributions
$512,265
Change in Net Assets
$-182,682

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 Traded4$77,819Fair Market Value
Total Noncash Contributions4$77,819-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,800,241
Revenue Not Reported on Financial Statements
$100,311
Revenue Not Reported on Form 990
$1,578,059
Total Revenue per Audited Statements
$3,378,300
Total Revenue per Form 990
$1,900,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,019,630
Other Expenses$586,226
Salaries, Compensation, and Employee Benefits$477,378
Total Fundraising Expense$149,734
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,019,630--$1,019,630
Current Officers, Directors, Trustees, and Key Employees-$286,239-$286,239
Advertising$99,508$31,317$53,826$184,651
Other Salaries and Wages$80,689$25,394$43,646$149,729
Fees for Service Investment Mgmnt Fees-$100,311-$100,311
Occupancy$26,512$8,344$14,341$49,197
Fees for Services Accounting-$31,752-$31,752
Fees for Services Other$24,000--$24,000
Other Employee Benefits$11,033$3,473$5,968$20,474
Office Expenses$11,018$3,468$5,958$20,444
Payroll Taxes$10,807$3,401$5,845$20,053
Information Technology$5,999$1,888$3,245$11,132
Insurance$3,952$1,244$2,139$7,335
Conferences and Meetings-$4,079-$4,079
Depreciation Depletion$1,538$483$832$2,853
Pension Plan Contributions$476$150$257$883
Other Expenses$450$141$243$834
Travel-$673-$673
Total Functional Expenses$1,426,676$506,824$149,734$2,083,234

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,083,234
Expenses per Audited Statements$1,977,166
Total Expenses per Audited Statements$1,977,166
Expenses Not Reported on Financial Statements$106,068
Other Expense Adjustments$5,757
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$160,106
Fundraising Gross Income$35,765
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Benefit$900,854$27,750$72,261$-44,511
Young Leadership Event$78,212$8,015$1,387$6,628
Total Events$979,066$35,765$160,106$-124,341
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Expense$15,044
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 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
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 "charity navigator - 2017 metro market study: chicago and "2019-2020 nonprofit ceo compensation study from excellence in giving."

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
3127595150
Address
111 W WASHINGTON ST NO 1460, CHICAGO, IL 60602

Signing Officer

Name
Terre a Constantine
Title
Executive Director/CEO
Phone
3127595150
Signed
2021-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terre a Constantine
Formed
1953
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
3
Volunteers
33

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
David Lowenthal
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.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses netted against revenue -5,757.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses netted against revenue 5,757.

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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/PersonNm5DAVID H FISHBURN
IRS990/Form990PartVIISectionAGrp/PersonNm6C BRANT AHRENS
IRS990/Form990PartVIISectionAGrp/PersonNm7RICHARD A CHAIFETZ
IRS990/Form990PartVIISectionAGrp/PersonNm8GAIL M ELDEN
IRS990/Form990PartVIISectionAGrp/PersonNm9MARSHALL B FRONT
IRS990/Form990PartVIISectionAGrp/PersonNm10WILBUR H GANTZ
IRS990/Form990PartVIISectionAGrp/PersonNm11NATHAN HANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm12DIANE B JASTROMB
IRS990/Form990PartVIISectionAGrp/PersonNm13RICHARD M KOHN
IRS990/Form990PartVIISectionAGrp/PersonNm14BENNET L LEVENTHAL MD
IRS990/Form990PartVIISectionAGrp/PersonNm15ROBERT C MALENKA MD PHD
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVID P PURCELL
IRS990/Form990PartVIISectionAGrp/PersonNm17THOMAS A REYNOLDS III
IRS990/Form990PartVIISectionAGrp/PersonNm18SCOTT P SEROTA
IRS990/Form990PartVIISectionAGrp/PersonNm19DANIEL P SHAPIRO
IRS990/Form990PartVIISectionAGrp/PersonNm20DOUGLAS H WALTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0222127
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1105011
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
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/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF PHILANTHROPY
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE - THRU 11/2019
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
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0943301
IRS990/FundraisingDirectExpensesAmt0160106
IRS990/FundraisingGrossIncomeAmt035765
IRS990/GainOrLossGrp/SecuritiesAmt0164522
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt01019630
IRS990/GrantsPayableGrp/BOYAmt0470000
IRS990/GrantsPayableGrp/EOYAmt0510000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01019630
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01019630
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010564247
IRS990/GrossReceiptsAmt012460383
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt03245
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01888
IRS990/InformationTechnologyGrp/ProgramServicesAmt05999
IRS990/InformationTechnologyGrp/TotalAmt011132
IRS990/InsuranceGrp/FundraisingAmt02139
IRS990/InsuranceGrp/ManagementAndGeneralAmt01244
IRS990/InsuranceGrp/ProgramServicesAmt03952
IRS990/InsuranceGrp/TotalAmt07335
IRS990/InvestmentIncomeGrp/ExclusionAmt0404805
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0404805
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt017445821
IRS990/InvestmentsPubTradedSecGrp/EOYAmt018978234
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0131062
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04032
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01179
IRS990/LandBldgEquipCostOrOtherBssAmt0132241
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt010399725
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/NetAssetsOrFundBalancesBOYAmt017347004
IRS990/NetAssetsOrFundBalancesEOYAmt018748138
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0164522
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0164522
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-124341
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-124341
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01583816
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt015380680
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016610676
IRS990/NoncashContributionsAmt077819
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt014341
IRS990/OccupancyGrp/ManagementAndGeneralAmt08344
IRS990/OccupancyGrp/ProgramServicesAmt026512
IRS990/OccupancyGrp/TotalAmt049197
IRS990/OfficeExpensesGrp/FundraisingAmt05958
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03468
IRS990/OfficeExpensesGrp/ProgramServicesAmt011018
IRS990/OfficeExpensesGrp/TotalAmt020444
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05200
IRS990/OtherAssetsTotalGrp/EOYAmt05200
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05968
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03473
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011033
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020474
IRS990/OtherExpensesGrp/Desc0EDUCATIONAL PROJECT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2PUBLICATIONS
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt09955
IRS990/OtherExpensesGrp/FundraisingAmt13479
IRS990/OtherExpensesGrp/FundraisingAmt2243
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02443
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12024
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2141
IRS990/OtherExpensesGrp/ProgramServicesAmt0116871
IRS990/OtherExpensesGrp/ProgramServicesAmt17761
IRS990/OtherExpensesGrp/ProgramServicesAmt26432
IRS990/OtherExpensesGrp/ProgramServicesAmt3450
IRS990/OtherExpensesGrp/TotalAmt0116871
IRS990/OtherExpensesGrp/TotalAmt120159
IRS990/OtherExpensesGrp/TotalAmt211935
IRS990/OtherExpensesGrp/TotalAmt3834
IRS990/OtherLiabilitiesGrp/BOYAmt021706
IRS990/OtherLiabilitiesGrp/EOYAmt015044
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt043646
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025394
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt080689
IRS990/OtherSalariesAndWagesGrp/TotalAmt0149729
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05845
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03401
IRS990/PayrollTaxesGrp/ProgramServicesAmt010807
IRS990/PayrollTaxesGrp/TotalAmt020053
IRS990/PensionPlanContributionsGrp/FundraisingAmt0257
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0150
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0476
IRS990/PensionPlanContributionsGrp/TotalAmt0883
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0132000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015800
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015000
IRS990/PrincipalOfficerNm0TERRE A CONSTANTINE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE BRAIN RESEARCH FOUNDATION USES PROMOTIONS, MARKETING, AND PRINTED MATERIALS TO RAISE FUNDS FOR RESEARCH ON BRAIN-RELATED ILLNESSES AND TO EDUCATE THE PUBLIC ABOUT NEUROLOGICAL DISORDERS AND THE FOUNDATION ITSELF. OUR FUNDRAISING EFFORTS ARE TO HELP THE OVER 50 MILLION AMERICANS AFFLICTED WITH NEUROLOGICAL DISORDERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0190070
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/ExpenseAmt064703
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01685457
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01022779
IRS990/PYInvestmentIncomeAmt0214433

Document Assets

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Filings

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