Braination Foundation EIN 45-1144651

Braination Foundation FY2021 filing

EIN  45-1144651 Supporting organization San Antonio, TX Founded 2011
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Braination Foundation claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Provides educational resources and support for public benefit.
Leadership
Kenneth Whitt PhD · Board Member
Money in and out
$0 revenue, $15K expenses
Bottom line
86% program spending

Provides educational resources and support for public benefit. For fiscal year 2021 it reported $0 in revenue, $15K in expenses, and $279K in net assets.Pt I

Money in and out · FY2021
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$15K
Pt IX · Ln 25
Net assets
$279K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$15K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program spending
86%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$0
FY2021
Expenses
$15K
FY2021▲ +9%
Total assets
$279K
FY2021▼ -6%
Total liabilities
$0
FY2021▼ -100%
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$15K
Pt IX · Ln 25
Net assets
$279K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$15K
Total assetsPt X · Ln 16$279K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $13K of program spending, described in the organization's own filed words · FY2020.
01

Raising funds to be utilized to support braination, inc. [74-2869255] with scholarships for post-high school education for students and staff of braination, inc. (college or vocational school) and with grants for school facilities, service, and curriculum improvement.

$13Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBraination Foundation
EINHdr · item D45-1144651
Principal addressHdr · item CSan Antonio, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2011
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFSep 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Braination Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$13K
Management & general14%$2K
Total functional expensesLn 25$15K

Balance Sheet

Part X · end of year
CashLn 1$90K
Total assetsLn 16$279K
Total liabilitiesLn 26$0
Total net assetsLn 32$279K
Months of cash on handcomputed72.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $90K · Operating expenses/yr $15K
72.7 months
Where the money goes
Program services
Program services $13K · Total expenses $15K
86%
Management & General
Management & general $2K · Total expenses $15K
14%
Fundraising
Fundraising $0 · Total expenses $15K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants — · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $15K
0%
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $0
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $279K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $15K
Liabilities-to-Assets
Total liabilities — · Total assets $279K
Net-asset ratio
Net assets $279K · Total assets $279K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $279K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kenneth Whitt PHD · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $15K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $15K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Braination INCFY2023$190K
Total grants receivedfrom 1 funder$190K
Grants paid · 2 grants · $1.2M · 2022–2023
Braination INCTX · FY2023$190,000
Braination INCTX · FY2022$1,000,000

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$195K revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$8K revenue · ⤓ 990 PDF
FY2021$0 revenue · viewing · ⤓ 990 PDF
FY2020$0 revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.