BRAVE LIKE GABE FOUNDATION

EIN: 825528605 501(c)(3) Diseases & Disorders

MINNEAPOLIS, MN

Total Revenue
$507,320
Total Expenses
$636,948
Total Assets
$1,078,048
Net Assets
$656,783
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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
2018
Legal Domicile
MN
Principal Officer
ALYSSA HAWKINS
Phone
6514609662
Tax Period
2023-01-01 to 2023-12-31

BRAVE LIKE GABE FOUNDATION, founded in 2018, is a small nonprofit in the Diseases & Disorders sector that reported $507K in total revenue in fiscal year 2023. Expenses of $637K exceeded revenue, resulting in a 26% operating deficit.

Mission

THE MISSION OF THE BRAVE LIKE GABE FOUNDATION IS TO SUPPORT RARE CANCER RESEARCH AND EMPOWER ALL CANCER SURVIVORS THROUGH PHYSICAL ACTIVITY.

Program Service Accomplishments

Program 1
Expenses: $381,925 Revenue: $54,863

FUNDING RESEARCH FOCUSED ON RARE CANCERS. THE BRAVE LIKE GABE FOUNDATION SUPPORTED RARE CANCER RESEARCH THROUGH DONATIONS TO MEMORIAL SLOAN KETTERING CANCER RESEARCH CENTER, THE ADENOID CYSTIC...

Read more

FUNDING RESEARCH FOCUSED ON RARE CANCERS. THE BRAVE LIKE GABE FOUNDATION SUPPORTED RARE CANCER RESEARCH THROUGH DONATIONS TO MEMORIAL SLOAN KETTERING CANCER RESEARCH CENTER, THE ADENOID CYSTIC CARCINOMA RESEARCH FOUNDATION, UNIVERSITY OF MINNESOTA, DANA FARBER CANCER INSTITUTE, AND THE FRED HUTCHINSON CANCER CENTER. SUPPORTING THOSE IMPACTED BY RARE CANCERS, RAISING AWARENESS OF RARE CANCERS, AND CREATING COMMUNITY THROUGH SOCIAL MEDIA AND THE ANNUAL BRAVE LIKE GABE 5K RUN. THE 5K HONORS GABRIELE GRUNEWALD'S LEGACY AND CONTINUES TO INSPIRE PEOPLE TO KEEP #RUNNINGONHOPE, AND RAISES FUNDS TO FIND BETTER, MORE EFFECTIVE TREATMENTS FOR ADENOID CYSTIC CARCINOMA.

🔒

Trantor Score

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

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 (2023)

Revenue Breakdown

Contributions & Grants $410,395
Program Service Revenue $54,863
Investment Income $17,386
Other Revenue $24,676
TOTAL REVENUE $507,320

Expense Breakdown

Grants Paid $303,308
Salaries & Benefits $186,146
Fundraising Expenses $139,859
Program Expenses $381,925
Other Expenses $147,494
TOTAL EXPENSES $636,948

Year-over-Year Comparison

2023 2022 Change
Revenue $507,320 $478,757 +0.1%
Expenses $636,948 $700,381 -0.1%
Net Income $-129,628 $-221,624 -0.4%
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
9
Independent Members
9
Employees
2
Volunteers
50

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
$103,075
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE TOLLEFSON BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY THORNTON BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY RICHTER BOARD MEMBER 1.00
Director
$0 $0 $0
HARRIE BAKST BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE GABRIELSON TREASURER 1.00
Officer Director
$0 $0 $0
JUSTIN GRUNEWALD BOARD MEMBER 1.00
Director
$0 $0 $0
LADIA ALBERTSON-JUNKANS SECRETARY 1.00
Officer Director
$0 $0 $0
MARY URAN CHAIR 1.00
Officer Director
$0 $0 $0
PHIL SHIN VICE CHAIR 1.00
Officer Director
$0 $0 $0
ALYSSA HAWKINS EXECUTIVE DIRECTOR 40.00
Officer
$95,645 $7,430 $103,075
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 $507,320 $636,948 $1,078,048 $-129,628
2022 $478,757 $700,381 $1,436,265 $-221,624
2021 $413,742 $423,701 $1,533,035 $-9,959
2020 $515,380 $413,964 $1,553,883 $101,416
2019 $1,328,026 $172,407 $1,445,076 $1,155,619
2018 $337,341 $52,656 $301,317 $284,685
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BRAVE LIKE GABE FOUNDATION with other nonprofits in Minnesota and across the country.