THIS IS MY BRAVE INC (EIN 208944419) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

ERIN GALLAGHER

Phone

5712438369

Tax Period

2023-01-01 to 2023-12-31

THIS IS MY BRAVE INC, founded in 2014, is a small nonprofit in the Health Care sector that reported $497K in total revenue in fiscal year 2018. Revenue surged 96% from the prior year, signaling strong growth momentum. Expenses of $481K left a modest 3% surplus.

Mission

END THE STIGMA SURROUNDING MENTAL ILLNESS BY SHARING PERSONAL STORIES OF INDIVIDUALS OVERCOMING MENTAL ILLNESS THROUGH POETRY, ESSAY AND ORIGINAL MUSIC, THROUGH STORIES SUBMITTED AND PUBLISHED TO OUR BLOG, AND VIA OUR YOUTUBE CHANNEL.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $339,108

Program Service Revenue $0

Investment Income $95

Other Revenue $2,567

TOTAL REVENUE $341,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $351,434

Fundraising Expenses $115,915

Program Expenses $306,907

Other Expenses $151,134

TOTAL EXPENSES $502,568

Year-over-Year Comparison

	2023	2022	Change
Revenue	$341,770	$471,042	-0.3%
Expenses	$502,568	$565,624	-0.1%
Net Income	$-160,798	$-94,582	+0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$93,087

Total Directors

$93,087

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIN GALLAGHER	EXECUTIVE DIRECTOR	45.00	Officer Director	$93,087	$0	$93,087
JESSICA KENNEDY	BOARD CHAIR	4.00	Officer Director	$0	$0	$0
RIC WALDMAN	FINANCE COMMITTEE CHAIR	1.00	Officer Director	$0	$0	$0
KYAIEN CONNER	NOMINATING COMMITTEE CHAIR	1.00	Officer Director	$0	$0	$0
TAMMY GEORGE	ACTING SECRETARY	1.00	Officer Director	$0	$0	$0
ADAM BROMBERG	BOARD DIRECTOR	1.00	Director	$0	$0	$0
KRISTINE HAATAJA	BOARD DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$341,770	$502,568	$154,666	$-160,798
2022	$471,042	$565,624	$352,204	$-94,582
2021	$592,421	$551,499	$426,770	$40,922
2020	$566,421	$526,367	$373,594	$40,054
2020	$361,421	$526,367	$373,594	$-164,946
2019	$648,960	$669,229	$304,897	$-20,269
2018	$496,773	$480,717	$324,104	$16,056

THIS IS MY BRAVE INC