Civic Intelligence

The Institute for Brain and Society

990EZ • Fiscal year 2021 • EIN 46-2049025

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 09, 2023

Organization Profilethebrainobservatory.com
725 W BroadwaySan Diego, CA 92101

(858) 434-1101

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

0.25x

Higher debt load relative to revenue than 86% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

4th percentile

-229%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$17,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 33.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-17%

Faster asset growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2021

Revenue Growth

92nd percentile

195%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2021

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$204,853

Down $159,655 (-44%) from 2018

Net Assets

Down

$191,741

Down $152,552 (-44%) from 2018

Liabilities

Down

$13,112

Down $7,103 (-35%) from 2018

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin4th percentile

Revenue

Up

$51,575

Up $49,573 (+2476%) from 2018

Expenses

Up

$169,870

Up $123,371 (+265%) from 2018

Net Income

Down

-$118,295

Down $73,798 (-166%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$600K$400K$200K$0Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $29,990Liabilities 2014: $10,000Net Assets 2014: $19,9902014Assets 2015: $521,509Liabilities 2015: $11,372Net Assets 2015: $510,1372015Assets 2016: $498,385Liabilities 2016: $20,059Net Assets 2016: $478,3262016Assets 2017: $408,133Liabilities 2017: $19,343Net Assets 2017: $388,7902017Assets 2018: $364,508Liabilities 2018: $20,215Net Assets 2018: $344,2932018Assets 2021: $204,853Liabilities 2021: $13,112Net Assets 2021: $191,7412021Assets 2023: $176,453Liabilities 2023: $30,060Net Assets 2023: $146,3932023Assets 2024: $188,400Liabilities 2024: $32,724Net Assets 2024: $155,6762024

Highlighted filing

2021

Assets$204,853
Liabilities$13,112
Net Assets$191,741
Open 2021 Filing

Operations Trend

Revenue Growth92nd percentile

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

$600K$400K$200K$0-$200KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $54,689Expenses 2014: $34,699Net Income 2014: $19,9902014Revenue 2015: $580,005Expenses 2015: $89,858Net Income 2015: $490,1472015Revenue 2016: $202,749Expenses 2016: $234,560Net Income 2016: -$31,8112016Revenue 2017: $214,873Expenses 2017: $304,409Net Income 2017: -$89,5362017Revenue 2018: $2,002Expenses 2018: $46,499Net Income 2018: -$44,4972018Revenue 2021: $51,575Expenses 2021: $169,870Net Income 2021: -$118,2952021Revenue 2023: $101,520Expenses 2023: $164,902Net Income 2023: -$63,3822023Revenue 2024: $143,110Expenses 2024: $133,827Net Income 2024: $9,2832024

Highlighted filing

2021

Revenue$51,575
Expenses$169,870
Net Income-$118,295
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 9, 2023
Return Version
2021v4.1
Gross Receipts
$51,575
Mission and Program Overview

Mission

Fostering mental health and longevity through improved knowledge and awareness of the brain.

We maintained, curated and provided unrestricted access to a web-based digital map of the human brain. The data server also contains information relative to the donor's medical case, that of the amnesic patient hm which is the most influential cases in the history of neuroscience.

Program Services

DescriptionGrantsExpenses
AS THE MISSION SUGGESTS, ONE OF THE SERVICES PROVIDED BY THE BRAIN OBSERVATORY IS PRODUCING SCIENCE IN THE FORM OF PERR-REVIEWED PUBLICATIONS. DEDICATED ANALYSIS, DATABASE AND IMAGE PROCESSING SOFTWARE, AS WELL AS SUPPLIES WERE DEDICATED TO THIS SERVICES. DR. JACOPO ANNESE SERVES AS PRINCIPAL RESEARCHER AT 50% EFFORT.-$9,017
UTREACH AND PERSONALIZED BRAIN HEALTH. DR ANNESE'S EFFORT IS ALSO DEDICATED TO PUBLIC LECTURES AND PATIENT ADVOCACY. THIS ACTIVITY INTERTWINED WITH FUNDRAISING EFFORTS IN THE CAPACITY OF CEO.-$7,500
PATIENTHM.ORG IS AN INFORMATIONAL WEBSITE ON THE MOST IMPORTANT NEUROLOGICAL PATIENT HISTORY OF NEUROLOGY. IT IS BASED ON DR. ANNESE'S RESEARCH. EXPENSES RELATIVE TO WEB AND DATABASE SERVICES TO SUPPORT RESOURCE THAT IS FREELY AVAILABLE TO THE PUBLIC.-$2,000
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACOPO ANNESECEOPT$17,000-$17,000
KATARZYNA BREZEZIKACFO-$0--
CARLO SARDIBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Brain Observatory
EIN
46-2049025
Phone
8584341101
Address
725 W BROADWAY, SAN DIEGO, CA 92101

Signing Officer

Name
Jacopo Annese
Title
President & CEO
Signed
2023-10-09
Discuss with paid preparer
Yes

Preparer

Firm
Steven Alpinieri CPA an Accountancy Corp
Address
7575 EADS AVE STE 102, LA JOLLA, CA 92037
Preparer
Steven Alpinieri
Phone
8582306610
Supplemental Narrative

Additional Explanations

Other Expenses.1

“IMPAIRMENT $120000”

Other Expenses.2

“STORAGE $22067”

Other Expenses.3

“VARIOUS $5486”

Other Expenses.5

“VARIOUS $-2209”

Other Assets.1

“EQUIPMENT NOT IN SERVICE - Beginning $320000 EQUIPMENT NOT IN SERVICE - Ending $200000”

Total Liabilities.1

“CREDIT CARD PAYABLE - Beginning $10277 CREDIT CARD PAYABLE - Ending $13112”

Raw XML Appendix154 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0320000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0200000
IRS990EZ/OtherExpensesTotalAmt0145344
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE MAINTAINED, CURATED AND PROVIDED UNRESTRICTED ACCESS TO A WEB-BASED DIGITAL MAP OF THE HUMAN BRAIN. THE DATA SERVER ALSO CONTAINS INFORMATION RELATIVE TO THE DONOR'S MEDICAL CASE, THAT OF THE AMNESIC PATIENT HM WHICH IS THE MOST INFLUENTIAL CASES IN THE HISTORY OF NEUROSCIENCE.
IRS990EZ/PrintingPublicationsPostageAmt076
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AS THE MISSION SUGGESTS, ONE OF THE SERVICES PROVIDED BY THE BRAIN OBSERVATORY IS PRODUCING SCIENCE IN THE FORM OF PERR-REVIEWED PUBLICATIONS. DEDICATED ANALYSIS, DATABASE AND IMAGE PROCESSING SOFTWARE, AS WELL AS SUPPLIES WERE DEDICATED TO THIS SERVICES. DR. JACOPO ANNESE SERVES AS PRINCIPAL RESEARCHER AT 50% EFFORT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PATIENTHM.ORG IS AN INFORMATIONAL WEBSITE ON THE MOST IMPORTANT NEUROLOGICAL PATIENT HISTORY OF NEUROLOGY. IT IS BASED ON DR. ANNESE'S RESEARCH. EXPENSES RELATIVE TO WEB AND DATABASE SERVICES TO SUPPORT RESOURCE THAT IS FREELY AVAILABLE TO THE PUBLIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2UTREACH AND PERSONALIZED BRAIN HEALTH. DR ANNESE'S EFFORT IS ALSO DEDICATED TO PUBLIC LECTURES AND PATIENT ADVOCACY. THIS ACTIVITY INTERTWINED WITH FUNDRAISING EFFORTS IN THE CAPACITY OF CEO.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09017
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt27500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt017000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010277
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt013112
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0169870
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://thebrainobservatory.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt029508
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt029508
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IMPAIRMENT $120000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STORAGE $22067
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VARIOUS $5486
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VARIOUS $-2209
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EQUIPMENT NOT IN SERVICE - Beginning $320000 EQUIPMENT NOT IN SERVICE - Ending $200000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CREDIT CARD PAYABLE - Beginning $10277 CREDIT CARD PAYABLE - Ending $13112
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JACOPO ANNESE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
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ReturnHeader/Filer/EIN0462049025
ReturnHeader/Filer/PhoneNum08584341101
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-10-09T18:07:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JACOPO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ANNESE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$204,853
Liabilities
$13,112
Net assets
$191,741
Revenue
$51,575
Expenses
$169,870
Net income
-$118,295
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.33$1.56$1.43$1.34$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.30$1.46$1.02$1.65$0.63
2021Detailed filing. Detailed filing data is available for this year.$2.05$0.13$1.92$0.52$1.70$1.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.65$0.20$3.44$0.02$0.46$0.44
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$0.19$3.89$2.15$3.04$0.90
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.98$0.20$4.78$2.03$2.35$0.32
2015Detailed filing. Detailed filing data is available for this year.$5.22$0.11$5.10$5.80$0.90$4.90
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.10$0.20$0.55$0.35$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00