Civic Intelligence

Brain Research Foundation

990 • Fiscal year 2023 • EIN 36-2477928

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 26, 2024

Organization ProfileWWW.THEBRF.ORG

View Organization Page

111 W Washington St 1460Chicago, IL 60602

(312) 759-5150

Siviq Scores

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

Liabilities / Assets

26th percentile

0.05x

Higher debt load relative to assets than 26% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.48x

Higher debt load relative to revenue than 61% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

14th percentile

-18%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

75th percentile

$393,552

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

51st percentile

6.6%

Faster asset growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

-8.6%

Faster revenue growth than 25% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$20,276,479

Up $1,261,531 (+6.6%) from 2022

Net Assets

Up

$19,189,308

Up $937,839 (+5.1%) from 2022

Liabilities

Up

$1,087,171

Up $323,692 (+42%) from 2022

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin14th percentile

Revenue

Down

$2,276,483

Down $212,936 (-8.6%) from 2022

Expenses

Down

$2,679,274

Down $276,372 (-9.4%) from 2022

Net Income

Up

-$402,791

Up $63,436 (+14%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth51st 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

2023

Assets$20,276,479
Liabilities$1,087,171
Net Assets$19,189,308
Open 2023 Filing

Operations Trend

Revenue Growth25th 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

2023

Revenue$2,276,483
Expenses$2,679,274
Net Income-$402,791
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 26, 2024
Return Version
2022v5.0
Gross Receipts
$27,897,783
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$17,734,768$19,812,723▲ $2,077,955
Cash and Non-Interest-Bearing Accounts$146,145$112,769▼ $33,376
Savings and Temporary Cash Investments$1,128,549$99,818▼ $1,028,731
Prepaid Expenses and Deferred Charges$286$0▼ $286
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$19,014,948$20,276,479▲ $1,261,531
Other Assets Total$5,200$251,169▲ $245,969
Liabilities
Grants Payable$705,000$745,000▲ $40,000
Other Liabilities$0$275,367▲ $275,367
Accounts Payable and Accrued Expenses$58,479$66,804▲ $8,325
Total Liabilities$763,479$1,087,171▲ $323,692
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,504,879$17,385,840▲ $880,961
Net Assets With Donor Restrictions$1,746,590$1,803,468▲ $56,878
Total Net Assets Fund Balance$18,251,469$19,189,308▲ $937,839
Total Liabilities and Net Assets / Fund Balance$19,014,948$20,276,479▲ $1,261,531

Asset Categories

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

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,600,104-▲ $184,051-$1,647,509
2021$2,475,155-▼ $457,526-$1,600,104
2020$1,875,267-▲ $705,180-$2,475,155
2019$1,738,096-▲ $248,459-$1,875,267
2018$1,717,404-▲ $130,313-$1,738,096
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terre ConstantineExecutive Director/CEOFT$273,917$119,635$393,552
Sandra JaggiDirector of PhilanthropyFT$128,000$19,914$147,914

Board Members and Trustees

NameTitle
Scott P SerotaChairman
Norman R BobinsVice Chairman
Bennet L Leventhal MdTrustee
David P PurcellTrustee
Douglas H WalterTrustee
Gail M EldenTrustee
James a Byrd JrTrustee
Marshall B FrontTrustee
Nathan HansenTrustee
Peter B PondTrustee
Richard M KohnTrustee
Robert C Malenka Md PhdTrustee
Thomas a Reynolds IiiTrustee
Wilbur H GantzTrustee
Diane B JastrombTrustee - Thru June 2023
Daniel P ShapiroTrustee - Thru Nov. 2022
Richard a Chaifetz PsydTrustee - Thru Nov. 2022
David D OlsonSecretary
David H FishburnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,538,847
Program Service Revenue
$0
Investment Income
$800,462
Other Revenue
$-62,826
All Other Contributions
$683,921
Change in Net Assets
$-402,791

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$25,634Fair Market Value
Total Noncash Contributions4$25,634-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,169,958
Revenue Not Reported on Financial Statements
$106,525
Revenue Not Reported on Form 990
$1,340,630
Total Revenue per Audited Statements
$3,510,588
Total Revenue per Form 990
$2,276,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,650,000
Salaries, Compensation, and Employee Benefits$641,438
Other Expenses$387,836
Total Fundraising Expense$144,795
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,650,000--$1,650,000
Current Officers, Directors, Trustees, and Key Employees-$393,552-$393,552
Other Salaries and Wages$101,015$33,422$54,101$188,538
Advertising$69,222$22,903$37,074$129,199
Fees for Service Investment Mgmnt Fees-$106,525-$106,525
Occupancy$28,576$9,455$15,305$53,336
Fees for Services Other$44,007--$44,007
Fees for Services Accounting-$35,400-$35,400
Pension Plan Contributions$15,454$5,113$8,277$28,844
Payroll Taxes$13,623$4,507$7,296$25,426
Office Expenses$11,455$3,791$6,135$21,381
Information Technology$7,224$2,390$3,869$13,483
Insurance$4,581$1,516$2,454$8,551
Conferences and Meetings-$5,319-$5,319
Other Employee Benefits$2,721$900$1,457$5,078
Travel-$3,911-$3,911
All Other Expenses$475--$475
Other Expenses$-64,512$210$339$-64,512
Total Functional Expenses$1,900,322$634,157$144,795$2,679,274

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,679,274
Expenses per Audited Statements$2,572,749
Total Expenses per Audited Statements$2,572,749
Expenses Not Reported on Financial Statements$106,525
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$89,426
Fundraising Gross Income$26,600
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Virtual Discovery Dinner$881,526$26,600$89,426$-62,826
Total Events$881,526$26,600$89,426$-62,826
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability- Operating$275,367
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 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 compensation committee comprised of members of the board of trustees determines and votes on compensation for the executive director and all other employees of the brain research foundation. In determining compensation, the compensation committee uses comparative data available to the public, such as the "2020 guidestar compensation report".”

Form 990, Part VI, Section C, Line 19

“Governing documents and a complete copy of the organization's financial statements are available through applicable governmental agencies and on our website; 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 1460, CHICAGO, IL 60602

Signing Officer

Name
Terre a Constantine
Title
Executive Director/CEO
Phone
3127595150
Signed
2024-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terre a Constantine
Formed
1953
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
19

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”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Fundraising expenses netted against revenue”

Raw XML AppendixShowing 400 of 672 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/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/PersonNm6GAIL M ELDEN
IRS990/Form990PartVIISectionAGrp/PersonNm7MARSHALL B FRONT
IRS990/Form990PartVIISectionAGrp/PersonNm8WILBUR H GANTZ
IRS990/Form990PartVIISectionAGrp/PersonNm9NATHAN HANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm10DIANE B JASTROMB
IRS990/Form990PartVIISectionAGrp/PersonNm11RICHARD M KOHN
IRS990/Form990PartVIISectionAGrp/PersonNm12BENNET L LEVENTHAL MD
IRS990/Form990PartVIISectionAGrp/PersonNm13ROBERT C MALENKA MD PHD
IRS990/Form990PartVIISectionAGrp/PersonNm14PETER B POND
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID P PURCELL
IRS990/Form990PartVIISectionAGrp/PersonNm16THOMAS A REYNOLDS III
IRS990/Form990PartVIISectionAGrp/PersonNm17DANIEL P SHAPIRO
IRS990/Form990PartVIISectionAGrp/PersonNm18DOUGLAS H WALTER
IRS990/Form990PartVIISectionAGrp/PersonNm19TERRE CONSTANTINE
IRS990/Form990PartVIISectionAGrp/PersonNm20SANDRA JAGGI
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20128000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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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/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE - THRU NOV. 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE - THRU JUNE 2023
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE - THRU NOV. 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE DIRECTOR/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF PHILANTHROPY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0854926
IRS990/FundraisingDirectExpensesAmt089426
IRS990/FundraisingGrossIncomeAmt026600
IRS990/GainOrLossGrp/SecuritiesAmt0282773
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt01650000
IRS990/GrantsPayableGrp/BOYAmt0705000
IRS990/GrantsPayableGrp/EOYAmt0745000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01650000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01650000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt025814647
IRS990/GrossReceiptsAmt027897783
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt03869
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02390
IRS990/InformationTechnologyGrp/ProgramServicesAmt07224
IRS990/InformationTechnologyGrp/TotalAmt013483
IRS990/InsuranceGrp/FundraisingAmt02454
IRS990/InsuranceGrp/ManagementAndGeneralAmt01516
IRS990/InsuranceGrp/ProgramServicesAmt04581
IRS990/InsuranceGrp/TotalAmt08551
IRS990/InvestmentIncomeGrp/ExclusionAmt0517689
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0517689
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt017734768
IRS990/InvestmentsPubTradedSecGrp/EOYAmt019812723
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0132241
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0132241
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt025531874
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/NetAssetsOrFundBalancesBOYAmt018251469
IRS990/NetAssetsOrFundBalancesEOYAmt019189308
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0282773
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0282773
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-62826
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-62826
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01340630
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt016504879
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt017385840
IRS990/NoncashContributionsAmt025634
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt015305
IRS990/OccupancyGrp/ManagementAndGeneralAmt09455
IRS990/OccupancyGrp/ProgramServicesAmt028576
IRS990/OccupancyGrp/TotalAmt053336
IRS990/OfficeExpensesGrp/FundraisingAmt06135
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03791
IRS990/OfficeExpensesGrp/ProgramServicesAmt011455
IRS990/OfficeExpensesGrp/TotalAmt021381
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05200
IRS990/OtherAssetsTotalGrp/EOYAmt0251169
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01457
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0900
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02721
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05078
IRS990/OtherExpensesGrp/Desc0PUBLICATIONS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3RETURNED GRANT
IRS990/OtherExpensesGrp/FundraisingAmt04531
IRS990/OtherExpensesGrp/FundraisingAmt13957
IRS990/OtherExpensesGrp/FundraisingAmt2339
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02799
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12444
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2210
IRS990/OtherExpensesGrp/ProgramServicesAmt08460
IRS990/OtherExpensesGrp/ProgramServicesAmt17388
IRS990/OtherExpensesGrp/ProgramServicesAmt2633
IRS990/OtherExpensesGrp/ProgramServicesAmt3-64512
IRS990/OtherExpensesGrp/TotalAmt015790
IRS990/OtherExpensesGrp/TotalAmt113789
IRS990/OtherExpensesGrp/TotalAmt21182
IRS990/OtherExpensesGrp/TotalAmt3-64512
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0275367
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt054101
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033422
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0101015
IRS990/OtherSalariesAndWagesGrp/TotalAmt0188538
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04507
IRS990/PayrollTaxesGrp/ProgramServicesAmt013623
IRS990/PayrollTaxesGrp/TotalAmt025426
IRS990/PensionPlanContributionsGrp/FundraisingAmt08277
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05113
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015454
IRS990/PensionPlanContributionsGrp/TotalAmt028844
IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
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/ExpenseAmt076187
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/ExpenseAmt068706
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01721567
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01807938
IRS990/PYInvestmentIncomeAmt0831592
IRS990/PYOtherExpensesAmt0591644
IRS990/PYOtherRevenueAmt0-63740
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-466227

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,276,479
Liabilities
$1,087,171
Net assets
$19,189,308
Revenue
$2,276,483
Expenses
$2,679,274
Net income
-$402,791
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