THE BRAIN FOUNDATION INC

EIN: 352206645 501(c)(3) Health Care

SPRINGFIELD, VA

Total Revenue
$275,882
Total Expenses
$278,189
Total Assets
$3,027,875
Net Assets
$138,999
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
VA
Principal Officer
JOSEPH HARSH
Phone
7034777920
Tax Period
2022-07-01 to 2023-06-30

THE BRAIN FOUNDATION INC, founded in 2003, is a small nonprofit in the Health Care sector that reported $255K in total revenue in fiscal year 2018. Expenses of $286K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE AFFORDABLE HOUSING FOR THOSE SUFFERING FROM SERIOUS BRAIN DISEASES, SUCH AS SCHIZOPHRENIA AND BI-POLAR DISORDERS, WHO ARE HOMELESS OR VULNERABLE TO BECOMING HOMELESS. THE VISION FOR THE ORGANIZATION IS COMMUNITY BASED HOUSING FOR THE BRAIN INJURED AND DISEASED ACROSS THE COUNTRY AND INTEND THAT THE LESSONS LEARNED AND ACCOMPLISHMENTS OF THE ORGANIZATIONS EFFORTS WILL SERVE AS A MODEL TO ACHIEVE THE VISION

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $146,599
Program Service Revenue $118,505
Investment Income $10,778
Other Revenue $0
TOTAL REVENUE $275,882

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $267,838
Other Expenses $278,189
TOTAL EXPENSES $278,189

Year-over-Year Comparison

2022 2021 Change
Revenue $275,882 $251,070 +0.1%
Expenses $278,189 $287,413 0.0%
Net Income $-2,307 $-36,343 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
11
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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH HARSH PRESIDENT 12.00
Officer Director
$0 $0 $0
TRUDY HARSH PRESIDENT EM 10.00
Officer Director
$0 $0 $0
DAVID HUNT DIRECTOR 6.00
Director
$0 $0 $0
MUNIRA KOLIA DIRECTOR 5.00
Director
$0 $0 $0
CHRIS LIEU DIRECTOR 1.00
Director
$0 $0 $0
JAMES MCCANN TREASURER 1.00
Officer Director
$0 $0 $0
DOTTI MCKEE DIRECTOR 8.00
Director
$0 $0 $0
SUSAN MORIAK SECRETARY 8.00
Officer Director
$0 $0 $0
TED MORIAK DIRECTOR 1.00
Director
$0 $0 $0
ZINA SANTOS DIRECTOR 1.00
Director
$0 $0 $0
DALLISON R VEACH PRESIDENT 1.00
Officer 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 No data No data No data No data
2024 No data No data No data No data
2023 $275,882 $278,189 $3,027,875 $-2,307
2022 $251,070 $287,413 $3,088,517 $-36,343
2021 $275,565 $274,091 $3,174,740 $1,474
2020 $381,525 $277,083 $3,225,095 $104,442
2019 $255,446 $286,072 $3,162,030 $-30,626
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE BRAIN FOUNDATION INC with other nonprofits in Virginia and across the country.