Civic Intelligence

Braven Incorporated

990 • Fiscal year 2021 • EIN 46-4340594

Jul 01, 2020 to Jun 30, 2021 • Filed on May 06, 2022

Organization ProfileWWW.BEBRAVEN.ORG

View Organization Page

100 N LA Salle St No 310Chicago, IL 60602-2406

(773) 316-8013

Siviq Scores

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

Liabilities / Assets

37th percentile

0.08x

Higher debt load relative to assets than 37% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

34th percentile

0.11x

Higher debt load relative to revenue than 34% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

80th percentile

37%

Higher net margin than 80% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

78th percentile

$291,334

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

87th percentile

39%

Faster asset growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

88th percentile

99%

Faster revenue growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets37th percentile

Assets

Up

$18,157,055

Up $5,134,274 (+39%) from 2020

Net Assets

Up

$16,663,198

Up $4,898,791 (+42%) from 2020

Liabilities

Up

$1,493,857

Up $235,483 (+19%) from 2020

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin80th percentile

Revenue

Up

$13,085,158

Up $6,515,982 (+99%) from 2020

Expenses

Up

$8,186,367

Up $744,841 (+10%) from 2020

Net Income

Up

$4,898,791

Up $5,771,141 (+662%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$60M$40M$20M$0Assets 2015: $1,130,018Liabilities 2015: $167,897Net Assets 2015: $962,1212015Assets 2016: $1,972,648Liabilities 2016: $94,561Net Assets 2016: $1,878,0872016Assets 2017: $2,526,434Liabilities 2017: $91,436Net Assets 2017: $2,434,9982017Assets 2018: $3,698,726Liabilities 2018: $192,081Net Assets 2018: $3,506,6452018Assets 2019: $12,983,166Liabilities 2019: $346,409Net Assets 2019: $12,636,7572019Assets 2020: $13,022,781Liabilities 2020: $1,258,374Net Assets 2020: $11,764,4072020Assets 2021: $18,157,055Liabilities 2021: $1,493,857Net Assets 2021: $16,663,1982021Assets 2022: $27,218,769Liabilities 2022: $637,257Net Assets 2022: $26,581,5122022Assets 2023: $43,051,882Liabilities 2023: $3,237,302Net Assets 2023: $39,814,5802023Assets 2025: $49,811,137Liabilities 2025: $3,229,516Net Assets 2025: $46,581,6212025

Highlighted filing

2021

Assets$18,157,055
Liabilities$1,493,857
Net Assets$16,663,198
Open 2021 Filing

Operations Trend

Revenue Growth88th percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2015: $3,692,706Expenses 2015: $2,730,585Net Income 2015: $962,1212015Revenue 2016: $3,057,355Expenses 2016: $2,141,389Net Income 2016: $915,9662016Revenue 2017: $3,156,480Expenses 2017: $2,599,569Net Income 2017: $556,9112017Revenue 2018: $4,953,535Expenses 2018: $3,881,888Net Income 2018: $1,071,6472018Revenue 2019: $14,311,409Expenses 2019: $5,181,297Net Income 2019: $9,130,1122019Revenue 2020: $6,569,176Expenses 2020: $7,441,526Net Income 2020: -$872,3502020Revenue 2021: $13,085,158Expenses 2021: $8,186,367Net Income 2021: $4,898,7912021Revenue 2022: $22,362,245Expenses 2022: $12,443,931Net Income 2022: $9,918,3142022Revenue 2023: $30,839,235Expenses 2023: $17,606,167Net Income 2023: $13,233,0682023Revenue 2025: $28,174,170Expenses 2025: $33,562,770Net Income 2025: -$5,388,6002025

Highlighted filing

2021

Revenue$13,085,158
Expenses$8,186,367
Net Income$4,898,791
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 6, 2022
Return Version
2020v4.2
Gross Receipts
$13,085,158
Mission and Program Overview

Mission

Braven's mission is to equip promising college students with the skills, networks, confidence, and experience necessary to transition from college to strong economic opportunities, which lead to meaningful careers and lives of impact.

The mission of braven is to empower promising, underrepresented young people-first-generation college students, students from low-income backgrounds, and students of color-with the skills, confidence, experiences and networks necessary to transition from college to strong first jobs, which lead to meaningful careers and lives of impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,186,612$11,384,198▲ $4,197,586
Pledges and Grants Receivable$5,481,973$4,323,652▼ $1,158,321
Savings and Temporary Cash Investments$0$2,000,030▲ $2,000,030
Accounts Receivable$165,055$208,750▲ $43,695
Prepaid Expenses and Deferred Charges$45,060$116,720▲ $71,660
Land, Buildings, and Equipment, Net$90,240$73,437▼ $16,803
Total Assets$13,022,781$18,157,055▲ $5,134,274
Other Assets Total$53,841$50,268▼ $3,573
Liabilities
Other Liabilities$926,740$1,052,980▲ $126,240
Accounts Payable and Accrued Expenses$304,361$439,931▲ $135,570
Deferred Revenue$27,273$946▼ $26,327
Total Liabilities$1,258,374$1,493,857▲ $235,483
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,652,039$10,723,165▲ $3,071,126
Net Assets Without Donor Restrictions$4,112,368$5,940,033▲ $1,827,665
Total Net Assets Fund Balance$11,764,407$16,663,198▲ $4,898,791
Total Liabilities and Net Assets / Fund Balance$13,022,781$18,157,055▲ $5,134,274

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$73,437$11,803$85,240
Equipment$0$30,000$30,000
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aimee Eubanks DavisChief Executive OfficerFT$255,123$36,211$291,334
Harry LiChief Technology OfficerFT$198,094$27,116$225,210
Lorraine AndersonHead of External AffairsFT$178,742$37,068$215,810
Vincent MarignaExecutive Director, NewarkFT$188,445$20,650$209,095
Jeana KimHead of ProductFT$167,139$12,470$179,609
Sheila LopezSecretary/ General CounselFT$127,243$13,433$140,676

Board Members and Trustees

NameTitle
Richard BarthBoard Chair
David LevyDirector
Elizabeth ThompsonDirector
Phillip ClayDirector
Richard BraddockDirector
Shalinee SharmaDirector
Shellye ArchambeauDirector
Vicki WaliaDirector
Susan DunnTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Trinet Group INCStaff, Human Resource Management, Payrol1 PARK PLACE SUITE 600, Dublin, CA 94568$5,504,989
Opentent LLCIt Consulting1001 BANNOCK STREET, Denver, CO 80204$365,000
Andela INCIt Consulting129 W 29TH STREET 4TH FLOOR, New York, NY 10001$101,681
Revenue and Support

Revenue Composition

Contributions and Grants
$12,444,668
Program Service Revenue
$640,490
Investment Income
$0
Other Revenue
$0
All Other Contributions
$11,603,168
Change in Net Assets
$4,898,791

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,085,158
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,102,108
Total Revenue per Audited Statements
$14,187,266
Total Revenue per Form 990
$13,085,158
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,006,915
Other Expenses$2,179,452
Total Fundraising Expense$802,156
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,634,331$579,442$420,067$4,633,840
Fees for Services Other$814,655$201,960$141,687$1,158,302
Other Employee Benefits$410,261$66,289$48,363$524,913
Office Expenses$387,702$72,044$15,697$475,443
Payroll Taxes$292,446$51,680$39,231$383,357
Current Officers, Directors, Trustees, and Key Employees$123,870$92,903$92,903$309,676
Occupancy$148,919$5,953$2,777$157,649
Pension Plan Contributions$121,503$19,473$14,153$155,129
Fees for Services Accounting-$119,831-$119,831
Other Expenses$102,096--$102,096
Advertising$60,444$4,472$4,369$69,285
Insurance$26,729$6,682$1,367$34,778
All Other Expenses$1,037$6,562$18,576$26,175
Depreciation Depletion$14,726$1,416$661$16,803
Conferences and Meetings$11,934$1,672$1,934$15,540
Travel$2,601$578$371$3,550
Total Functional Expenses$6,153,254$1,230,957$802,156$8,186,367

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,288,475
Expenses per Audited Statements$8,186,367
Total Expenses per Form 990$8,186,367
Expenses Not Reported on Form 990$1,102,108
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan$935,761
Lease Incentive Liability$73,438
Deferred Lease Liability$43,781
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 prepared form 990 is reviewed by the director of finance, chief executive officer, and the head of external affairs and provided to the members of the governing body before the return is filed with the irs.”

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

“All board members disclose and sign a conflict of interest policy annually. Any potential conflicts are reviewed at the board level. A director or officer with a conflict of interest is prohibited from participating in deliberations and decisions regarding the transaction.”

Form 990, Part VI, Section B, Line 15A

“The organization's board of directors determined the ceo's compensation using data on compensation paid by comparable organizations for similar services. The compensation is reviewed on an annual basis at the end of the fiscal year.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Braven Inc
EIN
46-4340594
Phone
7733168013
Address
100 N LA SALLE ST NO 310, CHICAGO, IL 60602-2406

Signing Officer

Name
Aimee Eubanks Davis
Title
Founder and CEO
Phone
7733168013
Signed
2022-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aimee Eubanks Davis
Formed
2013
Legal Domicile
De
Voting Board Members
11
Independent Board Members
9
Employees
0
Volunteers
1,800

Preparer

Firm
Wegner Cpas Llp
Address
230 PARK AVE FL 3, NEW YORK, NY 10169-0005
Preparer
Yigit Uctum CPA
Phone
2125511724
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2A:

“Braven leases employees from a professional employment organization, trinet. The employees are considered common law employees of braven, however, trinet is the employer of record and employees get their w2s from trinet.”

Form 990, Part IX, Line 11G

“Consulting: program service expenses 801,477. Management and general expenses 190,835. Fundraising expenses 141,687. Total expenses 1,133,999. Technology support: program service expenses 9,719. Management and general expenses 1,080. Fundraising expenses 0. Total expenses 10,799. Other professional fees: program service expenses 3,459. Management and general expenses 10,045. Fundraising expenses 0. Total expenses 13,504.”

Raw XML AppendixShowing 400 of 607 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0304361
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0439931
IRS990/AccountsReceivableGrp/BOYAmt0165055
IRS990/AccountsReceivableGrp/EOYAmt0208750
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF BRAVEN IS TO EMPOWER PROMISING, UNDERREPRESENTED YOUNG PEOPLE-FIRST-GENERATION COLLEGE STUDENTS, STUDENTS FROM LOW-INCOME BACKGROUNDS, AND STUDENTS OF COLOR-WITH THE SKILLS, CONFIDENCE, EXPERIENCES AND NETWORKS NECESSARY TO TRANSITION FROM COLLEGE TO STRONG FIRST JOBS, WHICH LEAD TO MEANINGFUL CAREERS AND LIVES OF IMPACT.
IRS990/AdvertisingGrp/FundraisingAmt04369
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04472
IRS990/AdvertisingGrp/ProgramServicesAmt060444
IRS990/AdvertisingGrp/TotalAmt069285
IRS990/AllOtherContributionsAmt011603168
IRS990/AllOtherExpensesGrp/FundraisingAmt018576
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06562
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01037
IRS990/AllOtherExpensesGrp/TotalAmt026175
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TRACI PANIZZI
IRS990/BooksInCareOfDetail/PhoneNum07733168013
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 N LA SALLE ST NO 310
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0606022406
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt07186612
IRS990/CashNonInterestBearingGrp/EOYAmt011384198
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt092903
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt092903
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0123870
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0309676
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt01934
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01672
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt011934
IRS990/ConferencesMeetingsGrp/TotalAmt015540
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt05504989
IRS990/ContractorCompensationGrp/CompensationAmt1365000
IRS990/ContractorCompensationGrp/CompensationAmt2101681
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01 PARK PLACE SUITE 600
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11001 BANNOCK STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2129 W 29TH STREET 4TH FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0DUBLIN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1DENVER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd094568
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd180204
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd210001
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0TRINET GROUP INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1OPENTENT LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2ANDELA INC
IRS990/ContractorCompensationGrp/ServicesDesc0STAFF, HUMAN RESOURCE MANAGEMENT, PAYROL
IRS990/ContractorCompensationGrp/ServicesDesc1IT CONSULTING
IRS990/ContractorCompensationGrp/ServicesDesc2IT CONSULTING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt012444668
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02179452
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0640490
IRS990/CYRevenuesLessExpensesAmt04898791
IRS990/CYSalariesCompEmpBnftPaidAmt06006915
IRS990/CYTotalExpensesAmt08186367
IRS990/CYTotalFundraisingExpenseAmt0802156
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt013085158
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt027273
IRS990/DeferredRevenueGrp/EOYAmt0946
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0661
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01416
IRS990/DepreciationDepletionGrp/ProgramServicesAmt014726
IRS990/DepreciationDepletionGrp/TotalAmt016803
IRS990/Desc0BRAVEN SUPPORTS UNTAPPED STUDENTS FROM COLLEGE TO CAREER BY PARTNERING WITH UNIVERSITIES AND EMPLOYERS TO OFFER A TWO-PART EXPERIENCE THAT BEGINS WITH A CREDIT-BEARING COLLEGE COURSE FOLLOWED BY A POST-COURSE EXPERIENCE THAT LASTS THROUGH GRADUATION. FELLOWS EMERGE FROM BRAVEN WITH THE SKILLS, CONFIDENCE, EXPERIENCES AND NETWORKS THEY NEED TO LAND A STRONG FIRST JOB AND GET ON A PATH TO ECONOMIC FREEDOM.BRAVEN ALSO DELIVERS BRAVENX AND BRAVEN ONLINE: TWO PROGRAMS WITH A GOAL OF EXTENDING THE CRITICAL WORK OF COLLEGE SUCCESS ORGANIZATIONS AND CHARTER HIGH SCHOOLS INTO STRONG CAREER OUTCOMES AFTER COLLEGE. BY PARTNERING WITH SUCH ORGANIZATIONS, BRAVEN HELPS ENSURE THAT THEIR ALUMNI NOT ONLY GRADUATE, ENROLL AND PERSIST IN COLLEGE, BUT ALSO BUILD THE FOUNDATION FOR A LIFELONG CAREER PATH.BOTH 15-WEEK PROGRAMS ARE IDENTICAL IN CONTENT AND COHORT STRUCTURE AS OUR CORE PRODUCT, THE UNIVERSITY MODEL, AND ARE OFFERED IN PARTNERSHIP WITH COLLEGE ACCESS AND SUCCESS ORGANIZATIONS INSTEAD OF LARGE UNIVERSITIES. IN LIEU OF ACADEMIC CREDIT, BRAVENX AND BRAVEN ONLINE FELLOWS EARN A FINANCIAL STIPEND UPON COMPLETION OF THE PROGRAM. THE KEY DIFFERENCE BETWEEN BRAVENX AND BRAVEN ONLINE IS LOCATION AND MEDIUM (IN PERSON VERSUS ONLINE).
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt07652039
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt010723165
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt06153254
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0119831
IRS990/FeesForServicesAccountingGrp/TotalAmt0119831
IRS990/FeesForServicesOtherGrp/FundraisingAmt0141687
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0201960
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0814655
IRS990/FeesForServicesOtherGrp/TotalAmt01158302
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt036211
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt913433
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1120650
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1212470
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1337068
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1412116
IRS990/Form990PartVIISectionAGrp/PersonNm0AIMEE EUBANKS DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD BARTH
IRS990/Form990PartVIISectionAGrp/PersonNm2SUSAN DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm3SHALINEE SHARMA
IRS990/Form990PartVIISectionAGrp/PersonNm4ELIZABETH THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID LEVY
IRS990/Form990PartVIISectionAGrp/PersonNm6SHELLYE ARCHAMBEAU
IRS990/Form990PartVIISectionAGrp/PersonNm7PHILLIP CLAY
IRS990/Form990PartVIISectionAGrp/PersonNm8RICHARD BRADDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm9SHEILA LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm10VICKI WALIA
IRS990/Form990PartVIISectionAGrp/PersonNm11VINCENT MARIGNA
IRS990/Form990PartVIISectionAGrp/PersonNm12JEANA KIM
IRS990/Form990PartVIISectionAGrp/PersonNm13LORRAINE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm14HARRY LI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0255123
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9127243
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11188445
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12167139
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13178742
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14213094
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/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY/ GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR, NEWARK
IRS990/Form990PartVIISectionAGrp/TitleTxt12HEAD OF PRODUCT
IRS990/Form990PartVIISectionAGrp/TitleTxt13HEAD OF EXTERNAL AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF TECHNOLOGY OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0841500
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt013085158
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InsuranceGrp/FundraisingAmt01367
IRS990/InsuranceGrp/ManagementAndGeneralAmt06682
IRS990/InsuranceGrp/ProgramServicesAmt026729
IRS990/InsuranceGrp/TotalAmt034778
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt045
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt041803
IRS990/LandBldgEquipBasisNetGrp/BOYAmt090240
IRS990/LandBldgEquipBasisNetGrp/EOYAmt073437
IRS990/LandBldgEquipCostOrOtherBssAmt0115240
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF BRAVEN IS TO EMPOWER PROMISING, UNDERREPRESENTED YOUNG PEOPLE-FIRST-GENERATION COLLEGE STUDENTS, STUDENTS FROM LOW-INCOME BACKGROUNDS, AND STUDENTS OF COLOR-WITH THE SKILLS, CONFIDENCE, EXPERIENCES AND NETWORKS NECESSARY TO TRANSITION FROM COLLEGE TO STRONG FIRST JOBS, WHICH LEAD TO MEANINGFUL CAREERS AND LIVES OF IMPACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt011764407
IRS990/NetAssetsOrFundBalancesEOYAmt016663198
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04112368
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05940033
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02777
IRS990/OccupancyGrp/ManagementAndGeneralAmt05953
IRS990/OccupancyGrp/ProgramServicesAmt0148919
IRS990/OccupancyGrp/TotalAmt0157649
IRS990/OfficeExpensesGrp/FundraisingAmt015697
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt072044
IRS990/OfficeExpensesGrp/ProgramServicesAmt0387702
IRS990/OfficeExpensesGrp/TotalAmt0475443
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt053841
IRS990/OtherAssetsTotalGrp/EOYAmt050268
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt048363
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt066289
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0410261
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0524913
IRS990/OtherExpensesGrp/Desc0PARTICIPANT STIPENDS
IRS990/OtherExpensesGrp/ProgramServicesAmt0102096
IRS990/OtherExpensesGrp/TotalAmt0102096
IRS990/OtherLiabilitiesGrp/BOYAmt0926740
IRS990/OtherLiabilitiesGrp/EOYAmt01052980
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0420067
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0579442
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03634331
IRS990/OtherSalariesAndWagesGrp/TotalAmt04633840
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt039231
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt051680
IRS990/PayrollTaxesGrp/ProgramServicesAmt0292446
IRS990/PayrollTaxesGrp/TotalAmt0383357
IRS990/PensionPlanContributionsGrp/FundraisingAmt014153
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt019473
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0121503
IRS990/PensionPlanContributionsGrp/TotalAmt0155129
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05481973
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04323652
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt045060
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0116720
IRS990/PrincipalOfficerNm0AIMEE EUBANKS DAVIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0640490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0640490
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06027748
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01869647
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0541428
IRS990/PYRevenuesLessExpensesAmt0-872350
IRS990/PYSalariesCompEmpBnftPaidAmt05571879
IRS990/PYTotalExpensesAmt07441526
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06569176
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04898791
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0640490
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02000030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012444668
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06027748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013993857
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04744248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03008368
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt040218889
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01856869
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74310
IRS990ScheduleA/PublicSupportPY170Pct00.64570
IRS990ScheduleA/PublicSupportTotal170Amt029885371
IRS990ScheduleA/SubstantialContributorsTotAmt010333518
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012444668
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06027748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013993857
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04744248
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03008368
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt040218889
IRS990ScheduleA/TotalSupportAmt040218889
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt01102108
IRS990ScheduleD/DonatedServicesUseFcltsAmt01102108
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030000
IRS990ScheduleD/ExpensesNotReportedAmt01102108
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08186367
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt073437
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011803
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt085240
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt073438
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1935761
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt243781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE INCENTIVE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYCHECK PROTECTION PROGRAM LOAN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$18,157,055
Liabilities
$1,493,857
Net assets
$16,663,198
Revenue
$13,085,158
Expenses
$8,186,367
Net income
$4,898,791
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Summary only. Only limited summary data is available for this year.$49.8$3.23$46.6$28.2$33.6$5.39
2023Summary only. Only limited summary data is available for this year.$43.1$3.24$39.8$30.8$17.6$13.2
2022Summary only. Only limited summary data is available for this year.$27.2$0.64$26.6$22.4$12.4$9.92
2021Detailed filing. Detailed filing data is available for this year.$18.2$1.49$16.7$13.1$8.19$4.90
2020Summary only. Only limited summary data is available for this year.$13.0$1.26$11.8$6.57$7.44$0.87
2019Summary only. Only limited summary data is available for this year.$13.0$0.35$12.6$14.3$5.18$9.13
2018Summary only. Only limited summary data is available for this year.$3.70$0.19$3.51$4.95$3.88$1.07
2017Summary only. Only limited summary data is available for this year.$2.53$0.09$2.43$3.16$2.60$0.56
2016Summary only. Only limited summary data is available for this year.$1.97$0.09$1.88$3.06$2.14$0.92
2015Summary only. Only limited summary data is available for this year.$1.13$0.17$0.96$3.69$2.73$0.96