Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Brave Enough to Fail Inc.
990EZ • Fiscal year 2021 • EIN 47-3476922
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.61x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 24.5% of source-year revenue.
Asset Growth
100th percentile
Faster asset growth than 100% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Up$41,690
Up $41,408 (+14684%) from 2020
Net Assets
Up$16,329
Up $22,517 (+364%) from 2020
Liabilities
Up$25,361
Up $18,891 (+292%) from 2020
Revenue And Expenses
Revenue
Up$71,813
Up $53,341 (+289%) from 2020
Expenses
Up$49,296
Up $21,158 (+75%) from 2020
Net Income
Up$22,517
Up $32,183 (+333%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 9, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $71,813
Mission and Program Overview
Mission
Educating & motivating youth
Program Services
| Description | Grants | Expenses |
|---|---|---|
| EDUCATING AND MOTIVATING YOUTH | $0 | $41,008 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WAYNE WINSLEY | Executive Director | PT | $17,573 | - | $17,573 |
Filing and Contact Details
Filer
- Filer Name
- Brave Enough to Fail Inc
- EIN
- 47-3476922
- Phone
- 8602100073
- Address
- 90 ASPETUCK VILLAGE, NEW MILFORD, CT 06776
Signing Officer
- Name
- Wayne Winsley
- Title
- Chairman
- Phone
- 8602100073
- Signed
- 2022-11-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- The Innovative CPA Group LLC
- Address
- 35 NUTMEG DRIVE SUITE M275, TRUMBULL, CT 06611
- Preparer
- John Melillo
- Phone
- 2034890612
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: ppp loan forgiveness. Amount: 5,000.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: miscellaneous. Amount: 497. Description: donations. Amount: 1,414. Description: dues & subscriptions. Amount: 439. Description: interest. Amount: 532. Description: travel & meals. Amount: 895. Description: auto. Amount: 2,196. Description: office expense. Amount: 377. Description: telephone. Amount: 600. Description: training. Amount: 720. Description: website. Amount: 842. Description: scholarships. Amount: 8,000. Description: trademark. Amount: 725. Description: marketing. Amount: 1,473. Description: bank fees. Amount: 56. Description: program supplies & expenses. Amount: 9,925. Total to form 990-ez, line 16: 28,691.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 160. End of year amount: 25,808.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: credit card payable. Beg. Of year amount: 1,470. End of year amount: 557. Description: ppp loan payable. Beg. Of year amount: 5,000. End of year amount: 10,000. Description: note payable- bank. Beg. Of year amount: 0. End of year amount: 14,804.”
Raw XML Appendix140 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 | 122 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 15882 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 66813 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 22517 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 244 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 282 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 41690 |
| IRS990EZ/GrossReceiptsAmt | 0 | 71813 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -6188 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 16329 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -6188 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 16329 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 12 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 17573 |
| 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/OtherAssetsTotalDetail/BOYAmt | 0 | 160 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 25808 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 28691 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 5000 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATING & MOTIVATING YOUTH |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 2776 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | EDUCATING AND MOTIVATING YOUTH |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 41008 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 17573 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 6470 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 25361 |
| 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 | 49296 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 41008 |
| IRS990EZ/TotalRevenueAmt | 0 | 71813 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.BRAVEENOUGHTOFAIL.ORG |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | PPP LOAN FORGIVENESS - 2021 AMOUNT: $ 5,000. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 66813 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 18472 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 30337 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 46671 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 33385 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 195678 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 5000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.97510 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 195678 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 66813 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 18472 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 30337 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 46671 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 33385 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 195678 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 200678 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: PPP LOAN FORGIVENESS. AMOUNT: 5,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: MISCELLANEOUS. AMOUNT: 497. DESCRIPTION: DONATIONS. AMOUNT: 1,414. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 439. DESCRIPTION: INTEREST. AMOUNT: 532. DESCRIPTION: TRAVEL & MEALS. AMOUNT: 895. DESCRIPTION: AUTO. AMOUNT: 2,196. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 377. DESCRIPTION: TELEPHONE. AMOUNT: 600. DESCRIPTION: TRAINING. AMOUNT: 720. DESCRIPTION: WEBSITE. AMOUNT: 842. DESCRIPTION: SCHOLARSHIPS. AMOUNT: 8,000. DESCRIPTION: TRADEMARK. AMOUNT: 725. DESCRIPTION: MARKETING. AMOUNT: 1,473. DESCRIPTION: BANK FEES. AMOUNT: 56. DESCRIPTION: PROGRAM SUPPLIES & EXPENSES. AMOUNT: 9,925. TOTAL TO FORM 990-EZ, LINE 16: 28,691. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 160. END OF YEAR AMOUNT: 25,808. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 1,470. END OF YEAR AMOUNT: 557. DESCRIPTION: PPP LOAN PAYABLE. BEG. OF YEAR AMOUNT: 5,000. END OF YEAR AMOUNT: 10,000. DESCRIPTION: NOTE PAYABLE- BANK. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 14,804. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | 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 | 2022-11-09 |
| 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 | 90 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 | 814236823 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | THE INNOVATIVE CPA GROUP LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 35 NUTMEG DRIVE SUITE M275 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TRUMBULL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 06611 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2034890612 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOHN MELILLO |
| ReturnHeader/ReturnTs | 0 | 2022-11-10T08:16:11-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | WAYNE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WINSLEY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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.
- Assets
- $41,690
- Liabilities
- $25,361
- Net assets
- $16,329
- Revenue
- $71,813
- Expenses
- $49,296
- Net income
- $22,517