THE BRAVERY FOUNDATION

EIN: 874505505 501(c)(3) Public & Societal Benefit

FORNEY, TX

Total Revenue
$25,000
Total Expenses
$22,689
Total Assets
$2,311
Net Assets
$2,311
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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
2022
Legal Domicile
TX
Tax Period
2022-01-01 to 2022-12-31

THE BRAVERY FOUNDATION, founded in 2022, is a micro nonprofit in the Public & Societal Benefit sector that reported $25K in total revenue in fiscal year 2022. Expenses of $23K left a modest 9% surplus.

Mission

THE MISSION OF THE ORGANIZATION IS TO IMPROVE/UPGRADE THE QUALITY OF LIFE OF THE MILITARY PERSONNEL, ACTIVE OR RETIRED, AND THEIR FAMILIES, BY ENCOURAGING THEM TO PARTICIPATE IN OUTDOOR ACTIVITIES, SUCH AS HUNTING, SHOOTING, AND FISHING, ETC.

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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 (2022)

Revenue Breakdown

Contributions & Grants $25,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $25,000

Expense Breakdown

Grants Paid $21,967
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,614
Other Expenses $722
TOTAL EXPENSES $22,689

Year-over-Year Comparison

2022 2021 Change
Revenue $25,000 N/A N/A
Expenses $22,689 N/A N/A
Net Income $2,311 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
3
Independent Members
3
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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIANNE FORSELL DIRECTOR 0.00
Officer
$0 $0 $0
LARRY FORSELL DIRECTOR 0.00
Officer
$0 $0 $0
NICHOLAS FORSELL DIRECTOR 0.00
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
2022 $25,000 $22,689 $2,311 $2,311
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