Brave Enough To Fail Inc
- Assets
- $41.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Milford, CT
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-3476922
Organization Overview
Brave Enough To Fail Inc is located in New Milford, CT. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brave Enough To Fail Inc 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, Brave Enough To Fail Inc generated $71.8k in total revenue. All expenses for the organization totaled $49.3k during the year ending 12/2021. While expenses have increased by 32.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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 Program Activity:
Part 3
EDUCATING AND MOTIVATING YOUTH
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,813 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,000 |
| Total Revenue | $71,813 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,573 |
| Professional fees and other payments to independent contractors | $244 |
| Occupancy, rent, utilities, and maintenance | $12 |
| Printing, publications, postage, and shipping | $2,776 |
| Other expenses | $28,691 |
| Total expenses | $49,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,882 |
| Other assets | $0 |
| Total assets | $41,690 |
| Total liabilities | $25,361 |
| Net assets or fund balances | $16,329 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Brave Enough To Fail Inc has recieved totaling $19,595.
| Awarding Organization | Amount |
|---|---|
Fairfield Countys Community Foundation Inc Norwalk, CT PURPOSE: FOR GENERAL SUPPORT. | $15,000 |
Clara & Kurt Hellmuth Foundation Inc Lake Success, NY PURPOSE: GENERAL | $1,500 |
Lan Family Foundation Sarasota, FL PURPOSE: OUR MISSION TO CLOSE ACHIEVEMENT GAPS BY CULTIVATING A NEW GENERATION OF LEADERS, CREATORS, AND ACHIEVERS. | $1,000 |
Savings Bank Of Danbury Foundation Inc Danbury, CT PURPOSE: EXEMPT PURPOSES | $1,000 |
Savings Bank Of Danbury Foundation Inc Danbury, CT PURPOSE: EXEMPT PURPOSES | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $95 |
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