WORLD BRAIN FORUM FOUNDATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

GLENDA GREENWALD

Phone

9709258153

Tax Period

2025-01-01 to 2025-12-31

WORLD BRAIN FORUM FOUNDATION, founded in 2009, is a small nonprofit that reported $731K in total revenue in fiscal year 2025. Revenue surged 4942% from the prior year, signaling strong growth momentum. Expenses of $1.4M exceeded revenue, resulting in a 89% operating deficit.

Mission

THE MISSION OF WORLD BRAIN FORUM FOUNDATION, OPERATING AS ASPEN BRAIN INSTITUTE, IS TO CREATE A BRAIN-HEALTHY PLANET BY DEMOCRATIZING ACCESS TO THE BEST MINDS AND EVIDENCE BASED INFORMATION ON BRAIN HEALTH, AND TO INCREASE OUR LEVEL OF BRAIN HEALTH LITERACY.

Program Service Accomplishments

Program 1

Expenses: $1,380,149 Revenue: $152,332

WORLD BRAIN FORUM FOUNDATION, OPERATING AS ASPEN BRAIN INSTITUTE, HAS CONTINUED OPERATING TO ACHIEVE THEIR MISSION OF DEMOCRATIZING GLOBAL BRAIN HEALTH BY GIVING PEOPLE ACCESS TO THE BEST MINDS AND EVIDENCE-BASED INFORMATION AROUND THE WORLD. THE ORGANIZATION AIMS TO DISTILL COMPLEX SCIENCE AND TURN IT INTO ACTIONABLE KNOWLEDGE FOR EVERYONE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $152,332

Program Service Revenue $0

Investment Income $578,797

Other Revenue $0

TOTAL REVENUE $731,129

Expense Breakdown

Grants Paid $1,380,149

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,380,149

Other Expenses $0

TOTAL EXPENSES $1,380,149

Year-over-Year Comparison

	2025	2024	Change
Revenue	$731,129	$14,502	+49.4%
Expenses	$1,380,149	$61,541	+21.4%
Net Income	$-649,020	$-47,039	+12.8%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
GLENDA GREENWALD	PRESIDENT & DIRECTOR	Officer Director	$0	$0	$0
GERALD GREENWALD	VOTING DIRECTOR	Director	$0	$0	$0
BRAD GREENWALD	VOTING DIRECTOR	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
2025	$731,129	$1,380,149	No data	$-649,020
2024	$14,502	$61,541	$649,017	$-47,039
2023	$312,222	$19,013	$696,056	$293,209
2022	$19,757	$525,518	$402,847	$-505,761
2021	$190,010	$342,350	$908,608	$-152,340
2020	$343,288	$367,418	$1,064,718	$-24,130
2019	$263,588	$272,121	$1,086,051	$-8,533
2018	$317,067	$146,245	$1,094,853	$170,822