International Brain Bee
- Assets
- $128.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 82-4069083
Organization Overview
International Brain Bee is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Brain Bee 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 12/2023, International Brain Bee generated $156.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $155.8k during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
THE BRAIN BEE WORLD CHAMPIONSHIP IS DESIGNED TO BE A HIGH-LEVEL AND FRIENDLY ACADEMIC COMPETITION. THE MATERIAL DRAWS FROM UNIVERSITY AND MEDICAL SCHOOL COURSE CONTENT AND REQUIRES THOUGHTFUL PREPARATION. ALL PARTICIPANTS ARE EXPECTED TO SUPPORT ONE ANOTHER THROUGHOUT THE EXPERIENCE, DURING AND BETWEEN CONTEST SECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Tasia Asakawa Director | 0.5 | $0 | |
Dr Norbert Myslinski Director | 0.75 | $0 | |
Dr Patricia Gaspar Director | 0.5 | $0 | |
Dr Susana Martinez-Conde Director | 0.5 | $0 | |
Dr Garth Fowler Director | 0.5 | $0 | |
Ms Natasha Slater Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,542 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $156,542 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $129,729 |
| Professional fees and other payments to independent contractors | $2,894 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,049 |
| Total expenses | $155,772 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,873 |
| Other assets | $0 |
| Total assets | $128,873 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,873 |