Civic Intelligence

Gbrains Inc

EIN 82-3673739 • 501(c)6 • Cambridge, MA

Profile

GBrainsisanassociationofalumnifromHarvardBusinessSchoolHBS.ItsmissionistoconnectHBSalumslookingforhelpwithotherHBSalumswillingtohelp.Itsfocusishelpingishelpingmemberstonetwork.GBrainsisaregisteredn0n-profitcorporationinMassachusetts.Thereisnocostformembership.TheonlyrequirementtojoinisthatthepersonbeanHBSalum.Revenuecomesfrommemberswhosubmitasituationthatresultsinanequityinvestment,wherethememberpaysasmallfeeafterasuccessfulequityraise.

24 Inman St Unit 2Cambridge, MA 02139

www.gbrains.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

19.88x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

100th percentile

21.10x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

5th percentile

-206%

Higher net margin than 5% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

100th percentile

1097%

Faster asset growth than 100% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets100th percentile

Assets

Up

$1,592

Up $1,459 (+1097%) from 2021

Liabilities

Up

$31,656

Up $4,544 (+17%) from 2021

Net Assets

Down

-$30,064

Down $3,085 (-11%) from 2021

Operations
Liabilities / Revenue100th percentileNet Margin5th percentile

Revenue

$1,500

No earlier filing loaded for comparison.

Expenses

Flat

$4,585

Flat from 2021

Net Income

-$3,085

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth100th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$20K$0-$20K-$40KAssets 2017: $2,100Liabilities 2017: $4,8032017Assets 2021: $133Liabilities 2021: $27,112Net Assets 2021: -$26,9792021Assets 2022: $1,592Liabilities 2022: $31,656Net Assets 2022: -$30,0642022

Highlighted filing

2022

Assets$1,592
Liabilities$31,656
Net Assets-$30,064
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0K$4.0K$2.0K$0-$2.0K-$4.0KRevenue 2017: $2,000Expenses 2017: $4,703Net Income 2017: -$2,7032017Expenses 2021: $4,5852021Revenue 2022: $1,500Expenses 2022: $4,585Net Income 2022: -$3,0852022

Highlighted filing

2022

Revenue$1,500
Expenses$4,585
Net Income-$3,085
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,592
Liabilities
$31,656
Net assets
-$30,064
Revenue
$1,500
Expenses
$4,585
Net income
-$3,085
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.59$31.7$30.1$1.50$4.59$3.09
2021Detailed filing. Detailed filing data is available for this year.$0.13$27.1$27.0$4.59
2017Summary only. Only limited summary data is available for this year.$2.10$4.80$2.00$4.70$2.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$1,500
Mission and Program Overview

Mission

GBrainsisanassociationofalumnifromHarvardBusinessSchoolHBS.ItsmissionistoconnectHBSalumslookingforhelpwithotherHBSalumswillingtohelp.Itsfocusishelpingishelpingmemberstonetwork.GBrainsisaregisteredn0n-profitcorporationinMassachusetts.Thereisnocostformembership.TheonlyrequirementtojoinisthatthepersonbeanHBSalum.Revenuecomesfrommemberswhosubmitasituationthatresultsinanequityinvestment,wherethememberpaysasmallfeeafterasuccessfulequityraise.

GBrains is an association of alumni from Harvard Business School HBS. Its mission is to connect HBS alums looking for help with other HBS alums willing to help. Its focus is helping is helping members to network. GBrains is a registered n0n-profit corporation in Massachusetts. There is no cost for membership. The only requirement to join is that the person be an HBS alum. Revenue comes from members who submit a situation that results in an equity investment where the member pays a small fee after a successful equity raise.

Program Services

DescriptionGrantsExpenses
Multiple alums have benefited from networking contacts.$0$0
Multiple alums have benefited from networking contacts.$0$0
Multiple alums have benefited from networking contacts.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward J SampPresidentFT$0--
Kathleen Walsh SampSecretary-$0--
Filing and Contact Details

Filer

Filer Name
GBrains Inc
EIN
82-3673739
In Care Of
% EDWARD J SAMP
Address
24 Inman St Unit 2, Cambridge, MA 02139

Signing Officer

Name
Edward J Samp
Title
President
Signed
2023-11-15
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| See Schedule O, $4585|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| This item is a Notes Payable to Edward Samp who provided money to GBrains as needed to pay bills., $27112, $31656|”

Part I, Line 16

“| Explanation:| Web site development = 1,280 Web site support = 291 Software = 249 Internet equipment software = 430 Internet service = 1089 Memberships = 120 Subscriptions= 355 Miscellaneous = 19 Software support = 84 Cell phone service = 668 Total other expenses = 4,585”

Part II, Line 26

“| Explanation:| This item is a Notes Payable to Edward Samp who loaned money to GBrains as needed to pay bills.”

Part III, General

“| Explanation:| GBrains is an association of alumni from Harvard Business School HBS. Its mission is to connect HBS alums looking for help with other HBS alums willing to help. Its focus is helping is helping members to network. GBrains is a registered n0n-profit corporation in Massachusetts. There is no cost for membership. The only requirement to join is that the person be an HBS alum. Revenue comes from members who submit a situation that results in an equity investment where the member pays a small fee after a successful equity raise.”

Raw XML Appendix103 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0EDWARD J SAMP
IRS990EZ/BooksInCareOfDetail/PhoneNum06176800387
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt024 Inman St Unit 2
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Cambridge
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002139
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0133
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01592
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3085
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0133
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01592
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt01500
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-26979
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-30064
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-26979
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-30064
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Edward J Samp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kathleen Walsh Samp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04585
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0GBrains is an association of alumni from Harvard Business School HBS. Its mission is to connect HBS alums looking for help with other HBS alums willing to help. Its focus is helping is helping members to network. GBrains is a registered n0n-profit corporation in Massachusetts. There is no cost for membership. The only requirement to join is that the person be an HBS alum. Revenue comes from members who submit a situation that results in an equity investment where the member pays a small fee after a successful equity raise.
IRS990EZ/ProgramServiceRevenueAmt01500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Multiple alums have benefited from networking contacts.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Multiple alums have benefited from networking contacts.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Multiple alums have benefited from networking contacts.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt027112
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt031656
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04585
IRS990EZ/TotalRevenueAmt01500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.gbrains.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| See Schedule O, $4585|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| This item is a Notes Payable to Edward Samp who provided money to GBrains as needed to pay bills., $27112, $31656|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:| Web site development = 1,280 Web site support = 291 Software = 249 Internet equipment software = 430 Internet service = 1089 Memberships = 120 Subscriptions= 355 Miscellaneous = 19 Software support = 84 Cell phone service = 668 Total other expenses = 4,585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:| This item is a Notes Payable to Edward Samp who loaned money to GBrains as needed to pay bills.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:| GBrains is an association of alumni from Harvard Business School HBS. Its mission is to connect HBS alums looking for help with other HBS alums willing to help. Its focus is helping is helping members to network. GBrains is a registered n0n-profit corporation in Massachusetts. There is no cost for membership. The only requirement to join is that the person be an HBS alum. Revenue comes from members who submit a situation that results in an equity investment where the member pays a small fee after a successful equity raise.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part III, General
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Edward J Samp
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GBrains Inc
ReturnHeader/Filer/BusinessNameControlTxt0GBRA
ReturnHeader/Filer/EIN0823673739
ReturnHeader/Filer/ForeignPhoneNum06176800387
ReturnHeader/Filer/InCareOfNm0% EDWARD J SAMP
ReturnHeader/Filer/USAddress/AddressLine1Txt024 Inman St Unit 2
ReturnHeader/Filer/USAddress/CityNm0Cambridge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002139
ReturnHeader/ReturnTs02023-11-15T13:07:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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