HARDY BRAIN TRAINING FOUNDATION INC

EIN: 753127331 501(c)(3) Education

TIMBERLAKE, NC

Total Revenue
N/A
Total Expenses
$54,550
Total Assets
$1,990
Net Assets
$1,990
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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
2003
Legal Domicile
CA
Principal Officer
SHERRIE HARDY
Phone
8053898144
Tax Period
2021-04-01 to 2022-03-31

Mission

PROVIDE DEVELOPMENTAL, EDUCATIONAL, SOCIAL, EMOTIONAL, PERCEPTUAL-MOTOR AND PHYSCIAL SERVICES FOR THE PURPOSE OF EDUCATION, IMPROVEMENT AND QUALITY OF LIFE.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $54,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $54,550
Other Expenses $50
TOTAL EXPENSES $54,550

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $150,300 -1.0%
Expenses $54,550 $94,875 -0.4%
Net Income N/A $55,425 N/A
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

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Governance

Voting Members
5
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY-JANE BERNSTEIN BOARD MEMBER N/A
Director
$0 $0 $0
SHERRIE HARDY CO-PRESIDENT N/A
Officer Director
$0 $0 $0
CARRIE MCDADE TREASURER N/A
Officer Director
$0 $0 $0
KAREN SCHUMAKER SECRETARY N/A
Officer Director
$0 $0 $0
JULIE STREETS PRESIDENT N/A
Officer Director
$0 $0 $0
M CHRIS SULLIVAN BOARD MEMBER N/A
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
2022 No data $54,550 $1,990 No data
2021 $150,300 $94,875 $56,540 $55,425
2020 $200,000 $200,907 $1,115 $-907
2019 $217,500 $215,979 $2,022 $1,521
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