Howard Brain Sciences Foundation
- Assets
- $19.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Providence, RI
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 46-5727582
Organization Overview
Howard Brain Sciences Foundation is located in Providence, RI. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Howard Brain Sciences Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Howard Brain Sciences Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Howard Brain Sciences Foundation generated $87.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $76.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (25.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INNOVATIVE RESEARCH INITIATIVES THAT IMPROVE OUR UNDERSTANDING OF THE HUMAN BRAIN, AND ADVANCE DIAGNOSIS AND TREATMENT OF NEUROLOGICAL CONDITIONS.
Describe the Organization's Program Activity:
Part 3
GEORGETOWN SPONSORED GRANT - THE FOUNDATION HAS AWARDED GEORGETOWN UNIVERSITY THE GRANT AWARD ENTITLED "IMPROVING TOMORROW'S HEALTHCARE" A PROGRAM DEDICATED TO IMPROVING RESEARCH TO ADVANCE OUR UNDERSTANDING OF THE BRAIN AND MIND TO DEVELOP NOVEL SOLUTIONS FOR DETECTION AND TREATMENT OF NEUROLOGICAL DISORDERS.
THE FELLOWSHIP PROGRAM HIGHLIGHTS AND AWARDS INDIVIDUALS WHO ARE MAKING ADVANCEMENTS IN THEIR FIELDS, AND WHOSE WORK RELATES TO ADVANCING OUR UNDERSTANDING OF THE BRAIN.
GEORGETOWN SPONSORED GRANT - THE FOUNDATION HAS AWARDED GEORGETOWN UNIVERSITY THE GRANT AWARD ENTITLED "IMPROVING TOMORROW'S HEALTHCARE" A PROGRAM DEDICATED TO IMPROVING RESEARCH TO ADVANCE OUR UNDERSTANDING OF THE BRAIN AND MIND TO DEVELOP NOVEL SOLUTIONS FOR DETECTION AND TREATMENT OF NEUROLOGICAL DISORDERS.
THE FELLOWSHIP PROGRAM HIGHLIGHTS AND AWARDS INDIVIDUALS WHO ARE MAKING ADVANCEMENTS IN THEIR FIELDS, AND WHOSE WORK RELATES TO ADVANCING OUR UNDERSTANDING OF THE BRAIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Wirt Vice Chairman | 0 | $0 | |
Sergey Kanareykin Board Member | 0 | $0 | |
Reem Hassan Ass. Director | 40 | $0 | |
Newton Howard Chairman | 0 | $0 | |
John Dankovchik Board Member | 0 | $0 | |
Seema Kahn Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,344 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,490 |
| Other Revenue | $0 |
| Total Revenue | $87,834 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,626 |
| Professional fees and other payments to independent contractors | $23,713 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,772 |
| Total expenses | $76,111 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,733 |
| Other assets | $0 |
| Total assets | $19,783 |
| Total liabilities | $63,289 |
| Net assets or fund balances | -$43,506 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Howard Brain Sciences Foundation has recieved totaling $27,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $27,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Friends Of The Royal Foundation Of The Duke And Duchess Newtown, MA | $2,911,496 | $8,616,320 |
Mccourt Foundation Inc Braintree, MA | $29,762,470 | $6,917,849 |
The Red Sox Foundation Inc Boston, MA | $19,048,615 | $7,450,414 |
Hadhramout Foundation Inc Westport, CT | $10,990 | $4,795,440 |
National Charitable Endowment Inc Darien, CT | $102,215,379 | $63,553,523 |
Monks Of Norcia Foundation Norwalk, CT | $2,496,451 | $3,625,099 |
Rhode Island Public Radio Providence, RI | $4,627,128 | $4,312,940 |
Textron Charitable Trust 540 008 Providence, RI | $6,046,878 | $138,060 |
Preparatory Foundation Inc Hyde Park, MA | $39,866,079 | $3,595,324 |
Catalytic Impact Foundation Inc Hingham, MA | $757,380 | $980,430 |
Unchain Foundation Inc stamford, CT | $0 | $0 |
Boston Bruins Charitable Foundation Inc Boston, MA | $2,200,804 | $3,967,130 |