BRAVE READY INC

EIN: 881384344 501(c)(3) Public & Societal Benefit

Bulverde, TX

Total Revenue
$364,960
Total Expenses
$364,601
Total Assets
$366,023
Net Assets
$1,063
🔒

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
2022
Legal Domicile
TX
Principal Officer
Chelsea Kittelson
Tax Period
2023-04-01 to 2024-03-31

BRAVE READY INC, founded in 2022, is a small nonprofit in the Public & Societal Benefit sector that reported $365K in total revenue in fiscal year 2023.

Mission

Brave Readys mission is to enable veterans and other non-profits to use technology in a manner that helps them transition from the military and succeed as veterans in the civilian sector. Our program services are offered to any military member veteran or other non-profit organization supporting those causes.

🔒

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 $15,000
Program Service Revenue $349,960
Investment Income $0
Other Revenue $0
TOTAL REVENUE $364,960

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,000
Fundraising Expenses $0
Program Expenses $312,963
Other Expenses $314,601
TOTAL EXPENSES $364,601

Year-over-Year Comparison

2023 2022 Change
Revenue $364,960 N/A N/A
Expenses $364,601 N/A N/A
Net Income $359 N/A N/A
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
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
Eric Kittelson Officer 40.00
Officer
$0 $0 $0
Chelsea Kittelson Officer 20.00
Officer
$0 $0 $0
Ryan Quance Officer 20.00
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
2024 $364,960 $364,601 $366,023 $359
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BRAVE READY INC with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.