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BRAVEN INCORPORATED: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BRAVEN INCORPORATED (EIN 46-4340594)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-12-23
IRS object ID
202443589349300234
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-12-23T14:24:06-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390974031PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEGNER CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1230 PARK AVE FL 3AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101690005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464340594EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRAVEN INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBRAVBusinessNameControlTxt
Phone7733168013PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 N LA SALLE ST 310AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606022406ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAIMEE EUBANKS DAVISPersonNm
Person TitleFOUNDER AND CEOPersonTitleTxt
Phone7733168013PhoneNum
Signature2024-12-20SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYIGIT UCTUM CPAPreparerPersonNm
PTINP01269549PTIN
Phone2125511724PhoneNum
Preparation2024-12-20PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAIMEE EUBANKS DAVISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 N LA SALLE ST 310AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606022406ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$38,701,711GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BEBRAVEN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers2600TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$28,660,905PYContributionsGrantsAmt
CY Contributions Grants$35,505,133CYContributionsGrantsAmt
PY Program Service Revenue$1,573,567PYProgramServiceRevenueAmt
CY Program Service Revenue$1,668,169CYProgramServiceRevenueAmt
PY Investment Income$604,763PYInvestmentIncomeAmt
CY Investment Income$1,528,409CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$30,839,235PYTotalRevenueAmt
CY Total Revenue$38,701,711CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$11,978,371PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$18,261,348CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,709,768CYTotalFundraisingExpenseAmt
PY Other Expenses$5,627,796PYOtherExpensesAmt
CY Other Expenses$8,284,722CYOtherExpensesAmt
PY Total Expenses$17,606,167PYTotalExpensesAmt
CY Total Expenses$26,546,070CYTotalExpensesAmt
PY Revenues Less Expenses$13,233,068PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$12,155,641CYRevenuesLessExpensesAmt
Total Assets BOY$43,051,882TotalAssetsBOYAmt
Total Assets EOY$56,265,884TotalAssetsEOYAmt
Total Liabilities BOY$3,237,302TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,295,663TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$39,814,580NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$51,970,221NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBRAVEN'S MISSION IS TO EMPOWER FIRST-GENERATION COLLEGE STUDENTS, STUDENTS OF COLOR, AND THOSE FROM LOW-INCOME BACKGROUNDS BY EQUIPPING THEM WITH SKILLS, NETWORKS, EXPERIENCES, AND CONFIDENCE TO SECURE STRONG FIRST JOBS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$20,259,437ExpenseAmt
Grant$0GrantAmt
Revenue$1,668,169RevenueAmt
DescSEE SCHEDULE O.Desc
Total Program Service Expenses$20,259,437TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document63IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TICHINA ANDERSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9144335613PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 N LA SALLE ST 310AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606022406ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
AIMEE EUBANKS DAVIS
CHIEF EXECUTIVE OFFICER50.00Yes (X)Yes (X)$348,647$0$62,715
RICHARD BARTH
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
SUSAN DUNN
TREASURER1.00Yes (X)Yes (X)$0$0$0
SHALINEE SHARMA
DIRECTOR1.00Yes (X)$0$0$0
ELIZABETH THOMPSON
DIRECTOR1.00Yes (X)$0$0$0
DAVID LEVY
DIRECTOR1.00Yes (X)$0$0$0
SHELLYE ARCHAMBEAU
DIRECTOR1.00Yes (X)$0$0$0
PHILLIP CLAY
DIRECTOR1.00Yes (X)$0$0$0
IRENE ESTEVES
DIRECTOR1.00Yes (X)$0$0$0
ROGER ARRIEUX
DIRECTOR1.00Yes (X)$0$0$0
CHARLIE WOLFSON
DIRECTOR1.00Yes (X)$0$0$0
EDWARD HERRERA
CHIEF FINANCE & OPERATING OFFICER50.00Yes (X)$252,541$0$32,810
MATTHEW STIEGLITZ
SECRETARY/GENERAL COUNSEL50.00Yes (X)$170,977$0$17,564
LORRAINE ANDERSON
CHIEF EXTERNAL AFFAIRS OFFICER50.00$257,947$0$56,517Yes (X)
LANIESHA SANDERS
CHIEF PRODUCT OFFICER50.00$220,783$0$37,788Yes (X)
CHE WATKINS
EXECUTIVE DIRECTOR, ATLANTA50.00$193,263$0$27,635Yes (X)
KILSYS PAYAMPS-ROURE
EXECUTIVE DIRECTOR, NEW YORK50.00$185,934$0$45,605Yes (X)
JONATHAN CHAPARRO
EXECUTIVE DIRECTOR, INNOVATION50.00$178,957$0$25,977Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,809,049TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$306,611TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K40IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
O PRACTICE
1474 S PRAIRIE AVE UNIT BCHICAGOIL60605COACHING & STRATEGY$307,000
MICHAEL DAVID METZGER
140 EAST RIO SALADO PARKWAY UNIT 6TEMPEAZ85281BUSINESS CONSULTING$267,860
100 NL ACQUISITION LLC
28400 NORTHWESTERN HIGHWAYSOUTHFIELDMI48034FACILITITY LEASE$199,601
SALESFORCE INC
PO BOX 203141DALLASTX75320SOFTWARE SERVICE$134,708
THE RABEN GROUP LLC
525 9TH STREET NW 7TH FLOORWASHINGTONDC20004PUBLIC AFFAIRS AND ORGANIZATIONAL CONSUL$120,033
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
All Other Contributions$35,505,133AllOtherContributionsAmt
Total Contributions$35,505,133TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business611600BusinessCd
Total Revenue Column$1,668,169TotalRevenueColumnAmt
Related Or Exempt Func Income$1,668,169RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,668,169TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,528,409TotalRevenueColumnAmt
Exclusion$1,528,409ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,701,711TotalRevenueColumnAmt
Related Or Exempt Func Income$1,668,169RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,528,409ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$980,651TotalAmt
Program Services$331,812ProgramServicesAmt
Management And General$531,965ManagementAndGeneralAmt
Fundraising$116,874FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$13,944,012TotalAmt
Program Services$11,359,667ProgramServicesAmt
Management And General$950,763ManagementAndGeneralAmt
Fundraising$1,633,582FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$515,652TotalAmt
Program Services$403,944ProgramServicesAmt
Management And General$51,229ManagementAndGeneralAmt
Fundraising$60,479FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,642,567TotalAmt
Program Services$1,286,732ProgramServicesAmt
Management And General$163,185ManagementAndGeneralAmt
Fundraising$192,650FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,178,466TotalAmt
Program Services$923,171ProgramServicesAmt
Management And General$117,077ManagementAndGeneralAmt
Fundraising$138,218FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,876TotalAmt
Management And General$9,876ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$207,140TotalAmt
Management And General$207,140ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,498,906TotalAmt
Program Services$1,255,546ProgramServicesAmt
Management And General$196,163ManagementAndGeneralAmt
Fundraising$47,197FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$415,444TotalAmt
Program Services$248,584ProgramServicesAmt
Management And General$119,420ManagementAndGeneralAmt
Fundraising$47,440FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$648,714TotalAmt
Program Services$319,363ProgramServicesAmt
Management And General$270,955ManagementAndGeneralAmt
Fundraising$58,396FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,869,553TotalAmt
Program Services$2,478,230ProgramServicesAmt
Management And General$288,236ManagementAndGeneralAmt
Fundraising$103,087FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$698,968TotalAmt
Program Services$575,059ProgramServicesAmt
Management And General$85,236ManagementAndGeneralAmt
Fundraising$38,673FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,288,719TotalAmt
Program Services$720,629ProgramServicesAmt
Management And General$317,627ManagementAndGeneralAmt
Fundraising$250,463FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$141,988TotalAmt
Program Services$97,651ProgramServicesAmt
Management And General$36,915ManagementAndGeneralAmt
Fundraising$7,422FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$105,825TotalAmt
Program Services$21,165ProgramServicesAmt
Management And General$84,660ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$168,472TotalAmt
Program Services$37,500ProgramServicesAmt
Management And General$127,765ManagementAndGeneralAmt
Fundraising$3,207FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPARTICIPANT STIPENDSDesc
Total$200,384TotalAmt
Program Services$200,384ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$30,733TotalAmt
Management And General$18,653ManagementAndGeneralAmt
Fundraising$12,080FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$26,546,070TotalAmt
Program Services$20,259,437ProgramServicesAmt
Management And General$3,576,865ManagementAndGeneralAmt
Fundraising$2,709,768FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,512,258BOYAmt
EOY$7,525,351EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$30,903,563BOYAmt
EOY$29,083,988EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,911,886BOYAmt
EOY$14,834,097EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$68,000BOYAmt
EOY$694,743EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$308,872BOYAmt
EOY$790,854EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$578,587LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$172,784LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$356,387BOYAmt
EOY$405,803EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,990,916BOYAmt
EOY$2,931,048EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$43,051,882BOYAmt
EOY$56,265,884EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$928,426BOYAmt
EOY$1,124,756EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,104BOYAmt
EOY$96,400EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,304,772BOYAmt
EOY$3,074,507EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,237,302BOYAmt
EOY$4,295,663EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$24,397,066BOYAmt
EOY$28,930,019EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,417,514BOYAmt
EOY$23,040,202EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$39,814,580BOYAmt
EOY$51,970,221EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$43,051,882BOYAmt
EOY$56,265,884EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$12,155,641ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,027,748CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,444,668CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,496,277CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$28,660,905CurrentTaxYearMinus1YearAmt
Current Tax Year$35,505,133CurrentTaxYearAmt
Total$104,134,731TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,027,748CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,444,668CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,496,277CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$28,660,905CurrentTaxYearMinus1YearAmt
Current Tax Year$35,505,133CurrentTaxYearAmt
Total$104,134,731TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$12,940,885SubstantialContributorsTotAmt
Public Support Total170$91,193,846PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$604,763CurrentTaxYearMinus1YearAmt
Current Tax Year$1,528,409CurrentTaxYearAmt
Total$2,133,172TotalAmt
FieldValueIRS element (for citing)
Total Support$106,267,903TotalSupportAmt
Gross Receipts Rltd Activities$5,289,621GrossReceiptsRltdActivitiesAmt
Public Support CY1700.85820PublicSupportCY170Pct
Public Support PY1700.92190PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$45,784DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$134,752OtherActivitiesAmt
Total Lobbying Expenditures$180,536TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationLOBBYING CONSULTANT $111,800; TRAVEL, MEALS, AND INCIDENTALS RELATED TO EMPLOYEE LOBBYING TRAVEL EXPENSES $22,952. BRAVEN'S CEO, HEAD OF HIGHER EDUCATION PARTNERS & PUBLIC POLICY, CHIEF EXTERNAL AFFAIRS OFFICE, AND EXECUTIVE DIRECTORS LOBBIED TO INCORPORATE MORE OF A FOCUS ON CAREER INTO HIGHER EDUCATION MATTERS ON THE NATIONAL LEVEL. BRAVEN ALSO RETAINED THE SERVICES OF A PUBLIC POLICY FIRM TO SUPPORT THIS WORK. EXPENSES IN LINE 1G AND LINE 1I INCLUDE A PORTION OF THE SALARY OF THESE INDIVIDUALS AND FEES PAID TO THE PUBLIC POLICY FIRM.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$85,240OtherCostOrOtherBasisAmt
Depreciation$59,012DepreciationAmt
Book Value$26,228BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$421,006OtherCostOrOtherBasisAmt
Depreciation$95,413DepreciationAmt
Book Value$325,593BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$72,341OtherCostOrOtherBasisAmt
Depreciation$18,359DepreciationAmt
Book Value$53,982BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$405,803TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSITS$230,973
OPERATING LEASE RIGHT-OF-USE ASSET$2,518,657
FINANCE LEASE RIGHT-OF-USE ASSET$63,131
ACCRUED INTEREST$118,287
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,931,048TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
REFUNDABLE ADVANCE$368,212
OPERATING LEASE LIABILITIES$2,641,815
FINANCE LEASE LIABILITIES$64,480
FieldValueIRS element (for citing)
Total Liability$3,074,507TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$46,289,442TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$7,587,731DonatedServicesAndUseFcltsAmt
Revenue Not Reported$7,587,731RevenueNotReportedAmt
Revenue Subtotal$38,701,711RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$38,701,711TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$34,133,801TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$7,587,731DonatedServicesUseFcltsAmt
Expenses Not Reported$7,587,731ExpensesNotReportedAmt
Expenses Subtotal$26,546,070ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$26,546,070TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
AIMEE EUBANKS DAVIS
CHIEF EXECUTIVE OFFICER$348,647$0$0$0$0$0$46,215$0$16,500$0$411,362$0$0$0
LORRAINE ANDERSON
CHIEF EXTERNAL AFFAIRS OFFICER$257,947$0$0$0$0$0$43,116$0$13,401$0$314,464$0$0$0
EDWARD HERRERA
CHIEF FINANCE & OPERATING OFFICER$252,541$0$0$0$0$0$20,070$0$12,740$0$285,351$0$0$0
LANIESHA SANDERS
CHIEF PRODUCT OFFICER$220,783$0$0$0$0$0$26,375$0$11,413$0$258,571$0$0$0
KILSYS PAYAMPS-ROURE
EXECUTIVE DIRECTOR, NEW YORK$185,934$0$0$0$0$0$36,081$0$9,524$0$231,539$0$0$0
CHE WATKINS
EXECUTIVE DIRECTOR, ATLANTA$193,263$0$0$0$0$0$17,907$0$9,728$0$220,898$0$0$0
JONATHAN CHAPARRO
EXECUTIVE DIRECTOR, INNOVATION$178,957$0$0$0$0$0$16,966$0$9,011$0$204,934$0$0$0
MATTHEW STIEGLITZ
SECRETARY/GENERAL COUNSEL$170,977$0$0$0$0$0$9,015$0$8,549$0$188,541$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1:BRAVEN'S MISSION IS TO EMPOWER FIRST-GENERATION COLLEGE STUDENTS, STUDENTS OF COLOR, AND THOSE FROM LOW-INCOME BACKGROUNDS BY EQUIPPING THEM WITH SKILLS, NETWORKS, EXPERIENCES, AND CONFIDENCE TO SECURE STRONG FIRST JOBS.
FORM 990, PART III, LINE 4A:BRAVEN SUPPORTS UNTAPPED STUDENTS FROM COLLEGE TO CAREER BY PARTNERING WITH INSTITUTIONS OF HIGHER ED AND EMPLOYERS TO OFFER A TWO-PART EXPERIENCE THAT BEGINS WITH A CREDIT-BEARING COLLEGE COURSE FOLLOWED BY A POST-COURSE EXPERIENCE THAT LASTS THROUGH GRADUATION. FELLOWS EMERGE FROM BRAVEN WITH THE SKILLS, CONFIDENCE, EXPERIENCES AND NETWORKS THEY NEED TO LAND A STRONG FIRST JOB AND GET ON A PATH TO ECONOMIC FREEDOM. BRAVEN ALSO DELIVERS BRAVENX, A STIPEND-BASED PROGRAM OUTSIDE OF INSTITUTES OF HIGHER ED, WITH THE GOAL OF EXTENDING THE CRITICAL WORK OF COLLEGE SUCCESS ORGANIZATIONS AND CHARTER HIGH SCHOOLS INTO STRONG CAREER OUTCOMES AFTER COLLEGE. BY PARTNERING WITH SUCH ORGANIZATIONS, BRAVEN HELPS ENSURE THAT THEIR ALUMNI NOT ONLY GRADUATE, ENROLL AND PERSIST IN COLLEGE, BUT ALSO BUILD THE FOUNDATION FOR A LIFELONG CAREER PATH. BRAVENX IS IDENTICAL IN CONTENT AND COHORT STRUCTURE AS OUR CORE PRODUCT, THE HIGHER ED MODEL. IN LIEU OF ACADEMIC CREDIT, BRAVENX FELLOWS EARN A FINANCIAL STIPEND UPON COMPLETION OF THE PROGRAM.
FORM 990, PART V, LINE 2A:BRAVEN LEASES EMPLOYEES FROM A PROFESSIONAL EMPLOYMENT ORGANIZATION, TRINET. THE EMPLOYEES ARE CONSIDERED COMMON LAW EMPLOYEES OF BRAVEN, HOWEVER, TRINET IS THE EMPLOYER OF RECORD AND EMPLOYEES GET THEIR W2S FROM TRINET.
FORM 990, PART VI, SECTION B, LINE 11BTHE PREPARED FORM 990 IS REVIEWED BY THE VP, FINANCE AND THE CHIEF EXECUTIVE OFFICER AND PROVIDED TO THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS DISCLOSE AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. ANY POTENTIAL CONFLICTS ARE REVIEWED AT THE BOARD LEVEL. A DIRECTOR OR OFFICER WITH A CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION'S BOARD OF DIRECTORS DETERMINED THE CEO'S COMPENSATION USING DATA ON COMPENSATION PAID BY COMPARABLE ORGANIZATIONS FOR SIMILAR SERVICES. THE COMPENSATION IS REVIEWED ON AN ANNUAL BASIS AT THE END OF THE FISCAL YEAR. THE ORGANIZATION'S MANAGEMENT DETERMINED THE KEY EMPLOYEE'S COMPENSATION USING OUTSIDE BENCHMARKING BASED UPON COST OF LABOR BY REGION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.