Civic Intelligence

Swara Brain Train Charities

990 • Fiscal year 2021 • EIN 86-1363933

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2021

3225 McLeod Drive- Suite 100Las Vegas, NV 89121

(570) 882-9752

Siviq Scores

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

Liabilities / Assets

41st percentile

0.01x

Higher debt load relative to assets than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

2.93x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

91st percentile

62%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

30th percentile

0.2%

Faster asset growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$902,145

Up $2,145 (+0.2%) from 2020

Net Assets

Up

$895,427

Up $1,427 (+0.2%) from 2020

Liabilities

Up

$6,718

Up $718 (+12%) from 2020

Revenue

Down

$2,290

Down $897,710 (-100%) from 2020

Expenses

Down

$863

Down $5,137 (-86%) from 2020

Net Income

Down

$1,427

Down $892,573 (-100%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2020: $900,000Liabilities 2020: $6,000Net Assets 2020: $894,0002020Assets 2021: $902,145Liabilities 2021: $6,718Net Assets 2021: $895,4272021Assets 2022: $895,779Liabilities 2022: $296Net Assets 2022: $895,4832022Assets 2023: $909,368Liabilities 2023: $54Net Assets 2023: $909,3142023Assets 2024: $927,190Liabilities 2024: $54Net Assets 2024: $927,1362024

Highlighted filing

2021

Assets$902,145
Liabilities$6,718
Net Assets$895,427

Operations Trend

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

$1.0M$500K$0Revenue 2020: $900,000Expenses 2020: $6,000Net Income 2020: $894,0002020Revenue 2021: $2,290Expenses 2021: $863Net Income 2021: $1,4272021Revenue 2022: $497Expenses 2022: $441Net Income 2022: $562022Revenue 2023: $14,790Expenses 2023: $959Net Income 2023: $13,8312023Revenue 2024: $18,113Expenses 2024: $291Net Income 2024: $17,8222024

Highlighted filing

2021

Revenue$2,290
Expenses$863
Net Income$1,427
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2021
Return Version
2021v4.0
Gross Receipts
$2,290
Mission and Program Overview

Mission

The mission of SwaRa Brain Train Charities is to promote the rehabilitation of adults with Brain Injuries by conducting educational seminars and providing scholarships & training to individuals pursuing further studies that will enable them to care for persons with Brain Injury. Medical & non-medical personnel & family members of individuals with brain injuries are encouraged to participate. contd on Sch O.

Promote rehabilitation of persons with brain injury. Conduct educational seminars for prevention & management of brain injury, both for general public & for caregivers. Arrange training & provide scholarships for those wishing to care for patients with brain injury. cont on Sch O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$902,145▲ $902,145
Cash and Non-Interest-Bearing Accounts$900,000$0▼ $900,000
Loans From Officers Directors$0$6,718▲ $6,718
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$900,000$902,145▲ $2,145
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,000$0▼ $6,000
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$6,000$6,718▲ $718
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$894,000$895,427▲ $1,427
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$894,000$895,427▲ $1,427
Total Liabilities and Net Assets / Fund Balance$900,000$902,145▲ $2,145
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sujana KantharajDirector and Vice- President
Sucharita RamanDirector, President and Treasurer
Christine EngDirector and Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,290
Other Revenue
$0
Change in Net Assets
$1,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$863
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$135$0$135
Other Expenses$0$47$0$47
Total Functional Expenses$0$863$0$863
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$6,718▲ $6,718
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
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 11B

Form 990, Part VI, Section B, Line 11b -There will be a review of the Form 990 at the next board meeting by the officer preparing the document. The directors will have the opportunity to seek clarifications at any time.

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

Directors are informed annually of the Conflict of Interest Policy and the duty to disclose immediately, if they enter into any arrangement that could cause a conflict of interest.

Form 990, Part VI, Section C, Line 19

All Governing Documents and Financial Statements are made available to the public, on request.

Filing and Contact Details

Filer

Filer Name
Swara Brain Train Charities
EIN
86-1363933
Phone
5708829752
Address
3225 McLeod Drive- Suite 100, Las Vegas, NV 89121

Signing Officer

Name
Sucharita Raman
Title
President
Phone
5708829752
Signed
2021-11-15

Organization Details

Principal Officer
Sucharita Raman
Formed
2020
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Help with training and scholarships will be provided predominantly in the State of Tamil Nadu, in India, where there is currently a need for more providers for patients with Brain injury. Educational seminars/webinars and other material will be provided both in USA and in India.

Form 990, Part III (Cont. 1)

Form 990, Part III (Cont. 1) - SwaRa Brain Train Charities encourages medical and non-medical volunteers, to contribute to educational & research activities in southern India, for the prevention and early management of brain injuries, to prevent long term sequela. As of now, to our knowledge, there is only one similar not for profit organization, which provides similar services in three cities in Northern India, and none in the southern part. In a country with more than a billion population, this is grossly insufficient. The founder of our charity was motivated to found this organization, as both her parents succumbed to complications from Brain injury, and she personally experienced how difficult it was to get well trained caregivers, to provide personal care & rehabilitation in the form of physical & speech therapy and cognitive re-training.

Form 990, Part X, Line 26

Liabilities so far include the following invoices, paid by the founder, which will be discharged in 2022-2023-Fee paid for setting and managing the Non-Profit in Year1- $6000, IRS Form1023 Filing fee and service charges $621, Colorado State Initial Filing Fee $50, Form990, 2020 e-filing fee $47.

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IRS990/MissionDesc0The mission of SwaRa Brain Train Charities is to promote the rehabilitation of adults with Brain Injuries by conducting educational seminars and providing scholarships & training to individuals pursuing further studies that will enable them to care for persons with Brain Injury. Medical & non-medical personnel & family members of individuals with brain injuries are encouraged to participate. contd on Sch O.
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Colorado State Fee for Annual Report
IRS990/OtherExpensesGrp/Desc1Colorado State Registration Fee
IRS990/OtherExpensesGrp/Desc2IRS Form 1023 filing fee and service charges
IRS990/OtherExpensesGrp/Desc3E-Filing fee for 2020 IRS Form 990
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt150
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2621
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt347
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt010
IRS990/OtherExpensesGrp/TotalAmt150
IRS990/OtherExpensesGrp/TotalAmt2621
IRS990/OtherExpensesGrp/TotalAmt347
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Sucharita Raman
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Provision of scholarships. Could not be done due to lockdowns from the pandemic.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Help with placement for training or for conducting research-could not be done due to the pandemic.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0900000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt06000
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0894000
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt06000
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0900000
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01427
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0902145
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0900000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0900000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00

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