Civic Intelligence

The Brenn Foundation

990 • Fiscal year 2014 • EIN 52-1490106

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 11, 2015

1308 19th Street NWWashington, DC 20036

(202) 262-7733

Siviq Scores

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

Liabilities / Assets

28th percentile

0.02x

Higher debt load relative to assets than 28% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

1.17x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

1st percentile

-534%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

15th percentile

-7.4%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-81%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$4,435,698

Down $351,975 (-7.4%) from 2013

Net Assets

Down

$4,360,232

Down $399,236 (-8.4%) from 2013

Liabilities

Up

$75,466

Up $47,261 (+168%) from 2013

Revenue

Down

$64,241

Down $270,786 (-81%) from 2013

Expenses

Up

$407,561

Up $30,652 (+8.1%) from 2013

Net Income

Down

-$343,320

Down $301,438 (-720%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $4,541,821Liabilities 2010: $11,107Net Assets 2010: $4,530,7142010Assets 2011: $4,542,004Liabilities 2011: $0Net Assets 2011: $4,542,0042011Assets 2012: $4,725,556Liabilities 2012: $0Net Assets 2012: $4,725,5562012Assets 2013: $4,787,673Liabilities 2013: $28,205Net Assets 2013: $4,759,4682013Assets 2014: $4,435,698Liabilities 2014: $75,466Net Assets 2014: $4,360,2322014Assets 2015: $4,482,703Liabilities 2015: $462,291Net Assets 2015: $4,020,4122015Assets 2016: $6,265,907Liabilities 2016: $106,801Net Assets 2016: $6,159,1062016Assets 2017: $8,675,354Liabilities 2017: $60,011Net Assets 2017: $8,615,3432017Assets 2018: $9,747,417Liabilities 2018: $88,846Net Assets 2018: $9,658,5712018Assets 2019: $10,944,710Liabilities 2019: $90,684Net Assets 2019: $10,854,0262019Assets 2020: $12,214,504Liabilities 2020: $120,024Net Assets 2020: $12,094,4802020Assets 2021: $13,504,640Liabilities 2021: $121,680Net Assets 2021: $13,382,9602021Assets 2022: $10,854,505Liabilities 2022: $26,790Net Assets 2022: $10,827,7152022Assets 2023: $11,654,038Liabilities 2023: $11,524Net Assets 2023: $11,642,5142023Assets 2024: $12,026,359Liabilities 2024: $11,725Net Assets 2024: $12,014,6342024

Highlighted filing

2014

Assets$4,435,698
Liabilities$75,466
Net Assets$4,360,232

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $504,9692010Expenses 2011: $418,1232011Expenses 2012: $388,5312012Revenue 2013: $335,027Expenses 2013: $376,909Net Income 2013: -$41,8822013Revenue 2014: $64,241Expenses 2014: $407,561Net Income 2014: -$343,3202014Revenue 2015: $97,800Expenses 2015: $437,620Net Income 2015: -$339,8202015Revenue 2016: $2,894,670Expenses 2016: $765,507Net Income 2016: $2,129,1632016Revenue 2017: $3,024,591Expenses 2017: $1,075,667Net Income 2017: $1,948,9242017Revenue 2018: $2,917,073Expenses 2018: $1,163,672Net Income 2018: $1,753,4012018Revenue 2019: $250,973Expenses 2019: $514,303Net Income 2019: -$263,3302019Revenue 2020: $574,671Expenses 2020: $544,937Net Income 2020: $29,7342020Revenue 2021: $879,608Expenses 2021: $633,898Net Income 2021: $245,7102021Revenue 2022: $236,911Expenses 2022: $588,653Net Income 2022: -$351,7422022Revenue 2023: $910,900Expenses 2023: $597,462Net Income 2023: $313,4382023Revenue 2024: $514,652Expenses 2024: $646,806Net Income 2024: -$132,1542024

Highlighted filing

2014

Revenue$64,241
Expenses$407,561
Net Income-$343,320
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$64,241
Mission and Program Overview

Mission

The foundation, as an organization described in irs section 509(a)(3) is organized and shall be operated exclusively for the benefit to perform the functions of and/or to carry out the purposes of the institute for america's future and the national security archive fund, inc. As long as these organizations are exempt from federal tax under irs section 501(c)(3) and described in section 509(a)(1) or 509(a)(2) to the extent otherwise permitted by law. The corporation may vary the amount of its support between the organizations specified above.

The foundation, as an organization described in irc section 509(a)(3) is organized and shall be operated exclusively for the benefit to perform the functions, of, and/or to carry out the purposes of the institute for america's future and the national security archive fund.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,759,468$4,360,232▼ $399,236
Investments Program Related$4,317,150$4,317,150→ $0
Land, Buildings, and Equipment, Net$114,412$110,320▼ $4,092
Cash and Non-Interest-Bearing Accounts$356,111$7,532▼ $348,579
Inventories for Sale or Use-$696-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,787,673$4,435,698▼ $351,975
Liabilities
Other Liabilities$28,205$75,466▲ $47,261
Total Liabilities$28,205$75,466▲ $47,261
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,759,468$4,360,232▼ $399,236
Total Liabilities and Net Assets / Fund Balance$4,787,673$4,435,698▼ $351,975

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$110,320$610,419$720,739
Investment Program Related Org$4,317,150--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nicole BagleyVice President Director
Thomas S BlantonDirector Secretary
Robert BorosageDirector Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$56,741
Investment Income
$0
Other Revenue
$7,500
Change in Net Assets
$-343,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$321,451
Salaries, Compensation, and Employee Benefits$86,110
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$74,512--$74,512
Fees for Services Other$54,006--$54,006
Insurance$29,449--$29,449
Depreciation Depletion$22,669--$22,669
Fees for Services Legal-$19,840-$19,840
Fees for Services Accounting-$19,838-$19,838
Payroll Taxes$8,196--$8,196
Office Expenses$5,123--$5,123
All Other Expenses$2,927$926-$3,853
Other Employee Benefits$3,402--$3,402
Other Expenses$2,539--$2,539
Travel$568--$568
Total Functional Expenses$366,957$40,604$0$407,561
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
Deposits and Other Liabilities$75,466
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
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 11

Form 990 is reviewed, signed and filed by an officer of the organization. It is presented to the board, discussed and accepted at their annual meeting. The annual meeting is held after the due date of the form 990.

Form 990, Part VI, Section C, Line 19

All documents are available upon request to the foundation's administrative office.

Filing and Contact Details

Filer

Filer Name
The Brenn Foundation
EIN
52-1490106
Phone
2022627733
Address
1308 19TH STREET NW, WASHINGTON, DC 20036

Signing Officer

Name
Nicole Bagley
Title
President
Phone
2022627733
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Bagley
Formed
1987
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
0

Preparer

Firm
Flynn Abell & Associates LLC
Address
7979 OLD GEORGETOWN RD SUITE 550, BETHESDA, MD 20814
Preparer
Patrick J Flynncpa
Phone
3019511019
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Casual labor: program service expenses 26,885. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,885. Caterer: program service expenses 11,065. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,065. Other fees: program service expenses 16,056. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,056.

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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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATIONS ARE INSTITUTE FOR AMERICA'S FUTURE AND NATIONAL SECURITY ARCHIVE FUND, BOTH OF WHICH ARE 501(C)(3) ORGANIZATIONS. THE BRENN FOUNDATION PROVIDES FACILITIES TO THESE SUPPORTED ORGANIZATIONS FOR USE IN MEETINGS AND CONFERENCES, DIRECTLY FURTHERING THEIR EXEMPT PURPOSES. EXCEPT FOR IMMATERIAL CASUAL RENTALS OF SPACE OR ACTIVITIES, THESE ACTIVITIES REPRESENT ALL OF THE BRENN FOUNDATION'S ACTIVITIES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE BRENN FOUNDATION HOLDS CONFERENCES THAT COMPLEMENT THE MISSIONS OF BOTH IAF AND NSA.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE SUPPORTED ORGANIZATIONS ARE NOT NAMED IN THE ORGANIZATION DOCUMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 2:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION A, LINE 1:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0521971942
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1222127884
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd10
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc011A
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc111A
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INSTITUTE FOR AMERICA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1NATIONAL SECURITY ARC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04317150
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0FACILITIES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0110320
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0610419
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0720739
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt075466
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS AND OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0110320
IRS990ScheduleD/TotalBookValueProgramRltdAmt04317150
IRS990ScheduleD/TotalLiabilityAmt075466
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED, SIGNED AND FILED BY AN OFFICER OF THE ORGANIZATION. IT IS PRESENTED TO THE BOARD, DISCUSSED AND ACCEPTED AT THEIR ANNUAL MEETING. THE ANNUAL MEETING IS HELD AFTER THE DUE DATE OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE FOUNDATION'S ADMINISTRATIVE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CASUAL LABOR: PROGRAM SERVICE EXPENSES 26,885. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,885. CATERER: PROGRAM SERVICE EXPENSES 11,065. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,065. OTHER FEES: PROGRAM SERVICE EXPENSES 16,056. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,056.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04787673
IRS990/TotalAssetsEOYAmt04435698
IRS990/TotalAssetsGrp/BOYAmt04787673
IRS990/TotalAssetsGrp/EOYAmt04435698
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040604
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0366957
IRS990/TotalFunctionalExpensesGrp/TotalAmt0407561
IRS990/TotalGrossUBIAmt07500
IRS990/TotalLiabilitiesBOYAmt028205
IRS990/TotalLiabilitiesEOYAmt075466
IRS990/TotalLiabilitiesGrp/BOYAmt028205
IRS990/TotalLiabilitiesGrp/EOYAmt075466
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04759468
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04360232
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0366957
IRS990/TotalProgramServiceRevenueAmt056741
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt056741
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt064241
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt07500
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04787673
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04435698
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0568
IRS990/TravelGrp/TotalAmt0568
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04550 CHERRY CREEK SOUTH 1913
IRS990/USAddress/CityNm0GLENDALE
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd0802461544
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLE BAGLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02022627733
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BRENN FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BREN
ReturnHeader/Filer/EIN0521490106
ReturnHeader/Filer/PhoneNum02022627733
ReturnHeader/Filer/USAddress/AddressLine1Txt01308 19TH STREET NW
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201915225
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLYNN ABELL & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07979 OLD GEORGETOWN RD SUITE 550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020814
ReturnHeader/PreparerPersonGrp/PhoneNum03019511019
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICK J FLYNNCPA
ReturnHeader/ReturnTs02015-11-16T14:32:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.01$12.0$0.51$0.65$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$0.01$11.6$0.91$0.60$0.31
2022Detailed filing. Detailed filing data is available for this year.$10.9$0.03$10.8$0.24$0.59$0.35
2021Detailed filing. Detailed filing data is available for this year.$13.5$0.12$13.4$0.88$0.63$0.25
2020Detailed filing. Detailed filing data is available for this year.$12.2$0.12$12.1$0.57$0.54$0.03
2019Detailed filing. Detailed filing data is available for this year.$10.9$0.09$10.9$0.25$0.51$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.75$0.09$9.66$2.92$1.16$1.75
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.68$0.06$8.62$3.02$1.08$1.95
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.27$0.11$6.16$2.89$0.77$2.13
2015Detailed filing. Detailed filing data is available for this year.$4.48$0.46$4.02$0.10$0.44$0.34
2014Detailed filing. Detailed filing data is available for this year.$4.44$0.08$4.36$0.06$0.41$0.34
2013Detailed filing. Detailed filing data is available for this year.$4.79$0.03$4.76$0.34$0.38$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$0.00$4.73$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.54$0.00$4.54$0.42
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.54$0.01$4.53$0.50
Peer Organizations

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