BRAIN HEALTH INITIATIVE INC

EIN: 844319026 501(c)(3) Medical Research

DOVER, NH

Total Revenue
$214,410
Total Expenses
$225,069
Total Assets
$20,783
Net Assets
$20,783
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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
2019
Legal Domicile
FL
Principal Officer
LESLIE WILLIAMSON
Phone
6032769478
Tax Period
2023-01-01 to 2023-12-31

BRAIN HEALTH INITIATIVE INC, founded in 2019, is a small nonprofit in the Medical Research sector that reported $214K in total revenue in fiscal year 2023.

Mission

TO BUILD BRAIN HEALTHY COMMUNITIES IN THE SUNCOAST REGION OF FLORIDA THROUGH RESEARCH, ENGAGEMENT, AND INNOVATION.

Program Service Accomplishments

Program 1
Expenses: $211,396 Revenue: $170,000

GRANTS AND DIRECT PAYMENTS SUPPORT THE OVERALL MISSION OF INCREASED BRAIN HEALTH COMMUNITY ENGAGEMENT,RESEARCH,AND INNOVATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $44,407
Program Service Revenue $0
Investment Income $3
Other Revenue $170,000
TOTAL REVENUE $214,410

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $211,396
Other Expenses $225,069
TOTAL EXPENSES $225,069

Year-over-Year Comparison

2023 2022 Change
Revenue $214,410 N/A N/A
Expenses $225,069 N/A N/A
Net Income $-10,659 N/A 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
3
$81,500
Total Directors
6
$81,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE PEABODY Executive Dir. 1.00
Officer Director
$81,500 $0 $81,500
JENNIFER BENCIE Director 1.00
Director
$0 $0 $0
LAURA COLE Director 1.00
Director
$0 $0 $0
DAVID FINK Director 1.00
Director
$0 $0 $0
ANDY GUZ Secretary 1.00
Officer Director
$0 $0 $0
LESLIE WILLIAMSON President 10.00
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
2023 $214,410 $225,069 $20,783 $-10,659
2021 $339,766 $299,059 $51,395 $40,707
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