BRAIN SCIENCE FOUNDATION INC (EIN 271071028) - Form 990 Financial Analysis & Trantor Score

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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

STEVEN HALEY

Phone

6178525230

Tax Period

2022-10-01 to 2023-09-30

BRAIN SCIENCE FOUNDATION INC, founded in 2009, is a micro nonprofit that reported $17K in total revenue in fiscal year 2022. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3K, a strong 18% operating margin.

Mission

ASSISTANCE FOR THE BENEFIT OF BRIGHAM & WOMEN'S HOSPITAL IN FURTHERANCE OF ITS CHARITABLE, SCIENTIFIC, & EDUCATIONAL PURPOSES IN THE BRAIN SCIENCES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $17,165

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $17,165

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,057

Other Expenses $14,057

TOTAL EXPENSES $14,057

Year-over-Year Comparison

	2022	2021	Change
Revenue	$17,165	$10,683	+0.6%
Expenses	$14,057	$9,629	+0.5%
Net Income	$3,108	$1,054	+1.9%

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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN AHARONIAN	TREASURER	N/A	Director	$0	$0	$0
DIANE COLETTI	DIRECTOR	N/A	Director	$0	$0	$0
KATHLEEN P HALEY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
STEVEN HALEY	PRESIDENT	3.00	Officer Director	$0	$0	$0
LYNSEY COZENS	CLERK	1.00	Officer	$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
2023	$17,165	$14,057	No data	$3,108
2022	$10,683	$9,629	$533	$1,054
2021	$25,557	$10,288	$8	$15,269
2020	$29,241	$14,998	$1,302	$14,243
2019	$48,782	$24,327	$3,304	$24,455
2018	$27,103	$42,309	$2,258	$-15,206

BRAIN SCIENCE FOUNDATION INC