Brave FY2022 filing

Tax-deductible

Englewood, CO501(c)(3)ReligionEIN 75-3153722

Brave ministries is discipline people across denominations, races, and experiences for the single purpose of proclaiming the life, death, and resurrection of jesus christ as the hope of this world. Our name and mission describes the intangible connectedness we share with god and with other believers through the person of jesus christ.

501(c)(3) charity; gifts are tax-deductible.
$76K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $305K a year · 34% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$76K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
42 mo
of spending, in cash
Looks good: 41.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2.0M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.10% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$645K
+30% vs prior year
Spent
$461K
To programs
0%
Net assets
$1.6M
By yearFY2020–FY2024
Revenue
$645K
FY2022▲ +30%
Revenue by fiscal year
FY2020$1.2M
FY2021$498K
FY2022$645K
FY2023$1.0M
FY2024$1.1M
Expenses
$461K
FY2022▼ -17%
Expenses by fiscal year
FY2020$290K
FY2021$552K
FY2022$461K
FY2023$483K
FY2024$1.1M
Net assets
$1.6M
FY2022▲ +13%
Net assets by fiscal year
FY2020$1.5M
FY2021$1.4M
FY2022$1.6M
FY2023$2.2M
FY2024$2.1M

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $461K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $76K paid to officers and key staff.

Part VII, Section A · reportable compensation
$76,480Pt VII · Sec A
Director of
$0Pt VII · Sec A
$0Pt VII · Sec A
Controller
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jeff Schwartzentraub’s $37K as President is at the 10th percentile of top reported officer pay among 1637 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Jeff Schwartzentraub$37,200$76,480$32,200$7,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Disciples people across denominations to proclaim Jesus Christ's hope for the world.

Provided by the organization

This section is blank until Brave claims this page.

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3 program services account for $300K of program spending, described in the organization's own filed words · FY2022.
01

Radio Ministry and Outreach Programs

A weekly radio ministry spreading the gospel of jesus christ to more than 400,000 people.

$273Kprogram expense
02

Church Services

Weekly services reached more than 40,000 people with the preaching of the gospel.

$14Kprogram expense
03

Conferences

Personnel from brave shared the gospel of jesus christ with outside minstry sources at several conferences reaching over 1,000 people.

$13Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$2.0M

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$645K
Ln 12
Gifts and grantsLn 1h$645K
Investment incomeLn 3$345
Money outPt IX
$461K
Ln 25
Managementcol C$461K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$1.6M
LiabilitiesLn 26$2K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$645K
Investment incomeLn 3$345
Total revenueLn 12$645K
Assets in detailPt X, end of year
CashLn 1$1.6M
SavingsLn 2$12K
Cash and savings togetherLn 1–2$1.6M
Total assetsLn 16$1.6M
LiabilitiesLn 26$2K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.4M$1.6M
Total assetsLn 16$1.4M$1.6M
LiabilitiesLn 26$1K$2K
Net assetsLn 32$1.4M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$76K$76K
Payroll taxesLn 10$601$601
Legal feesLn 11b$750$750
Information technologyLn 14$13K$13K
TravelLn 17$13K$13K
Other expenses (24a–d)Ln 24$356K$356K
All other expensesLn 24e$377$377
Total functional expensesLn 25$461K$0$461K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.1M$1.1M−$76K$2.1M 990 PDF
FY2023 $1.0M$483K$549K$2.2M 990 PDF
FY2022 Viewing $645K$461K$185K$1.6M 990 PDF
FY2021 $498K$552K−$54K$1.4M 990 PDF
FY2020 $1.2M$290K$923K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $645,273 across 4 lines filed
VIII-1f All other contributions, gifts and grants$644,928
VIII-1h Total contributions, gifts and grants$644,928
VIII-3 Investment incomeRelated to mission $345$345
VIII-12 Total revenueRelated to mission $345$645,273
Part IX · Statement of functional expenses $460,612 across 7 lines filed
IX-7 Other salaries and wagesManagement $76,480$76,480
IX-10 Payroll taxesManagement $601$601
IX-11b Legal feesManagement $750$750
IX-14 Information technologyManagement $13,487$13,487
IX-17 TravelManagement $13,051$13,051
IX-24 Other expenses (24a–d)Management $355,866$355,866
IX-24e All other expensesManagement $377$377
IX-25 Total functional expensesPrograms $0 · Management $460,612 · Fundraising $0$460,612
Part X · Balance sheet $1,606,006 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $1,408,745$1,593,700
X-2 Savings and temporary cash investmentsStart of year $12,345$12,306
X-16 Total assetsStart of year $1,421,090$1,606,006
X-25 Other liabilitiesStart of year $1,303$1,558
X-26 Total liabilitiesStart of year $1,303$1,558
X-27 Net assets without donor restrictionsStart of year $1,419,787$1,604,448
X-32 Total net assets or fund balancesStart of year $1,419,787$1,604,448
X-33 Total liabilities and net assetsStart of year $1,421,090$1,606,006
Part XI · Reconciliation of net assets $1,604,448 net assets at year end
XI-1 Total revenue$645,273
XI-2 Total expenses$460,612
XI-3 Revenue less expenses$184,661
XI-4 Net assets at start of year$1,419,787
XI-10 Net assets at end of year$1,604,448

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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