Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Brave Enough to Fail Inc.
990EZ • Fiscal year 2020 • EIN 47-3476922
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
22.94x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 111.7% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$282
No earlier filing loaded for comparison.
Net Assets
-$6,188
No earlier filing loaded for comparison.
Liabilities
$6,470
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$18,472
No earlier filing loaded for comparison.
Expenses
$28,138
No earlier filing loaded for comparison.
Net Income
-$9,666
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Sep 7, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $18,472
Mission and Program Overview
Mission
Educating & motivating youth
Program Services
| Description | Grants | Expenses |
|---|---|---|
| EDUCATING AND MOTIVATING YOUTH | $0 | $28,138 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WAYNE WINSLEY | Executive Director | PT | $20,632 | - | $20,632 |
Filing and Contact Details
Filer
- Filer Name
- Brave Enough to Fail Inc
- EIN
- 47-3476922
- Phone
- 8602100073
- Address
- 32 ASPETUCK VILLAGE, NEW MILFORD, CT 06776
Signing Officer
- Name
- Wayne Winsley
- Title
- Chairman
- Phone
- 8602100073
- Signed
- 2021-09-07
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Melillo & Mitchell LLC
- Address
- 6 Berkshire Boulevard Unit 301, Bethel, CT 06801
- Preparer
- John Melillo
- Phone
- 2037443450
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: MISCELLANEOUS. Amount: 279. Description: DONATIONS. Amount: 2,500. Description: DUES & SUBSCRIPTIONS. Amount: 45. Description: INTEREST . Amount: 220. Description: MEALS. Amount: 273. Description: AUTO. Amount: 164. Description: OFFICE EXPENSE. Amount: 53. Description: TELEPHONE. Amount: 400. Description: CONFERENCES. Amount: 997. Description: WEBSITE. Amount: 571. Description: SCHOLARSHIPS. Amount: 2,000. Total to Form 990-EZ, line 16: 7,502.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: CREDIT CARD PAYABLE. Beg. of Year Amount: 1,967. End of Year Amount: 1,470. Description: PPP LOAN PAYABLE. Beg. of Year Amount: 0. End of Year Amount: 5,000.”
Raw XML Appendix126 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | WAYNE WINSLEY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8602100073 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 32 ASPETUCK VILLAGE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW MILFORD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06776 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5285 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 122 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 18472 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9666 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 5445 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 282 |
| IRS990EZ/GrossReceiptsAmt | 0 | 18472 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 160 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 160 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 3478 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -6188 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 3478 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -6188 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 20632 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WAYNE WINSLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7502 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATING & MOTIVATING YOUTH |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 4 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | EDUCATING AND MOTIVATING YOUTH |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 28138 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 20632 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1967 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 6470 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 28138 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 28138 |
| IRS990EZ/TotalRevenueAmt | 0 | 18472 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.braveenoughtofail.org |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 18472 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 30337 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 46671 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 33385 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 32115 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 160980 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 160980 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 18472 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 30337 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 46671 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 33385 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 32115 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 160980 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 160980 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: MISCELLANEOUS. Amount: 279. Description: DONATIONS. Amount: 2,500. Description: DUES & SUBSCRIPTIONS. Amount: 45. Description: INTEREST . Amount: 220. Description: MEALS. Amount: 273. Description: AUTO. Amount: 164. Description: OFFICE EXPENSE. Amount: 53. Description: TELEPHONE. Amount: 400. Description: CONFERENCES. Amount: 997. Description: WEBSITE. Amount: 571. Description: SCHOLARSHIPS. Amount: 2,000. Total to Form 990-EZ, line 16: 7,502. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: CREDIT CARD PAYABLE. Beg. of Year Amount: 1,967. End of Year Amount: 1,470. Description: PPP LOAN PAYABLE. Beg. of Year Amount: 0. End of Year Amount: 5,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WAYNE WINSLEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chairman |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8602100073 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-09-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BRAVE ENOUGH TO FAIL INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BRAV |
| ReturnHeader/Filer/EIN | 0 | 473476922 |
| ReturnHeader/Filer/PhoneNum | 0 | 8602100073 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 32 ASPETUCK VILLAGE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW MILFORD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06776 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 061089881 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Melillo & Mitchell LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 6 Berkshire Boulevard Unit 301 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Bethel |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 06801 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2037443450 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | John Melillo |
| ReturnHeader/ReturnTs | 0 | 2021-09-07T09:25:10-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | WAYNE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WINSLEY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $282
- Liabilities
- $6,470
- Net assets
- -$6,188
- Revenue
- $18,472
- Expenses
- $28,138
- Net income
- -$9,666
Peer Organizations
Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits
Centreville, VA
View OrganizationWhen Doves Code
501(c)3
Revenue$18,471
Assets$3,458
Revenue vs current organization
About the sameAssets vs current organization
1126% higherAshburn, VA
View OrganizationThe Alliance Foundation
501(c)3
Revenue$18,247
Assets$18,469
Revenue vs current organization
About the sameAssets vs current organization
6449% higherSpringfield, OH
View OrganizationHindu Community of Springfield Inc
501(c)3
Revenue$2,302
Assets$18,468
Revenue vs current organization
88% lowerAssets vs current organization
6449% higherPalm Coast, FL
View OrganizationPalm Coast Volunteer Fire Rescue Inc
501(c)3
Revenue$1,841
Assets$18,478
Revenue vs current organization
90% lowerAssets vs current organization
6452% higher