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BRAVEN INCORPORATED: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
BRAVEN INCORPORATED (EIN 46-4340594)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-10
IRS object ID
202301309349302065
Schema version
2021v4.2
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)
Return2023-05-10T10:24:08-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

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 Begin2021-07-01TaxPeriodBeginDt

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
Signature2023-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstAIMEEPersonFirstNm
Person LastEUBANKS DAVISPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYIGIT UCTUM CPAPreparerPersonNm
PTINP01269549PTIN
Phone2125511724PhoneNum
Preparation2023-05-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

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$22,362,245GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BEBRAVEN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTHE MISSION OF BRAVEN IS TO EMPOWER PROMISING, UNDERREPRESENTED YOUNG PEOPLE -- FIRST-GENERATION COLLEGE STUDENTS, STUDENTS FROM LOW-INCOME BACKGROUNDS, AND STUDENTS OF COLOR -- WITH THE SKILLS, CONFIDENCE, EXPERIENCES AND NETWORKS NECESSARY TO TRANSITION FROM COLLEGE TO STRONG FIRST JOBS, WHICH LEAD TO MEANINGFUL CAREERS AND LIVES OF IMPACT.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers2600TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$12,444,668PYContributionsGrantsAmt
CY Contributions Grants$21,496,277CYContributionsGrantsAmt
PY Program Service Revenue$640,490PYProgramServiceRevenueAmt
CY Program Service Revenue$865,968CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$13,085,158PYTotalRevenueAmt
CY Total Revenue$22,362,245CYTotalRevenueAmt
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$6,006,915PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,816,472CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$826,348CYTotalFundraisingExpenseAmt
PY Other Expenses$2,179,452PYOtherExpensesAmt
CY Other Expenses$3,627,459CYOtherExpensesAmt
PY Total Expenses$8,186,367PYTotalExpensesAmt
CY Total Expenses$12,443,931CYTotalExpensesAmt
PY Revenues Less Expenses$4,898,791PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$9,918,314CYRevenuesLessExpensesAmt
Total Assets BOY$18,157,055TotalAssetsBOYAmt
Total Assets EOY$27,218,769TotalAssetsEOYAmt
Total Liabilities BOY$1,493,857TotalLiabilitiesBOYAmt
Total Liabilities EOY$637,257TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$16,663,198NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$26,581,512NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF BRAVEN IS TO EMPOWER PROMISING, UNDERREPRESENTED YOUNG PEOPLE -- FIRST-GENERATION COLLEGE STUDENTS, STUDENTS FROM LOW-INCOME BACKGROUNDS, AND STUDENTS OF COLOR -- WITH THE SKILLS, CONFIDENCE, EXPERIENCES AND NETWORKS NECESSARY TO TRANSITION FROM COLLEGE TO STRONG FIRST JOBS, WHICH LEAD TO MEANINGFUL CAREERS AND LIVES OF IMPACT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$9,567,804ExpenseAmt
Grant$0GrantAmt
Revenue$865,968RevenueAmt
DescBRAVEN 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.Desc
Total Program Service Expenses$9,567,804TotalProgramServiceExpensesAmt
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 Assets0ReportOtherAssetsInd
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 Document55IRPDocumentCnt
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 Members11GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
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 Chapters0LocalChaptersInd
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 Line1TRACI PANIZZIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7733168013PhoneNum

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)$262,667$0$41,192
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
RICHARD BRADDOCK
DIRECTOR (EMERITUS)1.00Yes (X)$0$0$0
SHEILA LOPEZ
SECRETARY/ GENERAL COUNSEL50.00Yes (X)Yes (X)$126,298$0$13,536
ROGER ARRIEUX JR
DIRECTOR (FROM SEPTEMBER 2021)1.00Yes (X)$0$0$0
CHARLIE WOLFSON
DIRECTOR (FROM NOVEMBER 2021)1.00Yes (X)$0$0$0
VICKI WALIA
DIRECTOR1.00Yes (X)$0$0$0
VINCENT MARIGNA
EXECUTIVE DIRECTOR, NEWARK50.00$193,253$0$21,364Yes (X)
BRIAN SADLER
HEAD OF ENGINEERING50.00$162,122$0$30,711Yes (X)
LORRAINE ANDERSON
CHIEF EXTERNAL AFFAIRS OFFICER50.00$183,549$0$38,017Yes (X)
HARRY LI
CHIEF TECHNOLOGY OFFICER50.00$199,589$0$17,204Yes (X)
JEANA KIM THROUGH FEB 2022
CHIEF PRODUCT OFFICER50.00$172,519$0$12,420Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,299,997TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$174,444TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K19IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TRINET GROUP INC
1 PARK PLACE SUITE 600DUBLINCA94568STAFF, HUMAN RESOURCE MANAGEMENT, PAYROL$7,297,234
OPENTENT LLC
1001 BANNOCK STREETDENVERCO80204IT CONSULTING$435,000
THE RABEN GROUP LLC
1341 G ST NW 5TH FLWASHINGTONDC20005COMMUNICATIONS CONSULTING$120,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$935,761GovernmentGrantsAmt
All Other Contributions$20,560,516AllOtherContributionsAmt
Noncash Contributions$1,000NoncashContributionsAmt
Total Contributions$21,496,277TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business611600BusinessCd
Total Revenue Column$865,968TotalRevenueColumnAmt
Related Or Exempt Func Income$865,968RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$865,968TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,362,245TotalRevenueColumnAmt
Related Or Exempt Func Income$865,968RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$393,166TotalAmt
Program Services$196,736ProgramServicesAmt
Management And General$117,644ManagementAndGeneralAmt
Fundraising$78,786FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,778,788TotalAmt
Program Services$5,644,300ProgramServicesAmt
Management And General$659,129ManagementAndGeneralAmt
Fundraising$475,359FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$256,568TotalAmt
Program Services$208,956ProgramServicesAmt
Management And General$27,788ManagementAndGeneralAmt
Fundraising$19,824FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$800,012TotalAmt
Program Services$651,552ProgramServicesAmt
Management And General$86,647ManagementAndGeneralAmt
Fundraising$61,813FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$587,938TotalAmt
Program Services$478,833ProgramServicesAmt
Management And General$63,678ManagementAndGeneralAmt
Fundraising$45,427FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,300TotalAmt
Management And General$24,300ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$122,250TotalAmt
Management And General$122,250ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,730,040TotalAmt
Program Services$1,038,475ProgramServicesAmt
Management And General$623,645ManagementAndGeneralAmt
Fundraising$67,920FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$247,950TotalAmt
Program Services$193,689ProgramServicesAmt
Management And General$36,076ManagementAndGeneralAmt
Fundraising$18,185FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$298,200TotalAmt
Program Services$216,430ProgramServicesAmt
Management And General$70,335ManagementAndGeneralAmt
Fundraising$11,435FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$382,207TotalAmt
Program Services$300,948ProgramServicesAmt
Management And General$67,410ManagementAndGeneralAmt
Fundraising$13,849FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$224,006TotalAmt
Program Services$197,126ProgramServicesAmt
Management And General$15,680ManagementAndGeneralAmt
Fundraising$11,200FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$143,666TotalAmt
Program Services$89,203ProgramServicesAmt
Management And General$50,727ManagementAndGeneralAmt
Fundraising$3,736FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$217,197TotalAmt
Program Services$136,118ProgramServicesAmt
Management And General$74,827ManagementAndGeneralAmt
Fundraising$6,252FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$20,160TotalAmt
Program Services$17,831ProgramServicesAmt
Management And General$1,474ManagementAndGeneralAmt
Fundraising$855FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$43,747TotalAmt
Program Services$38,694ProgramServicesAmt
Management And General$3,198ManagementAndGeneralAmt
Fundraising$1,855FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPARTICIPANT STIPENDSDesc
Total$154,100TotalAmt
Program Services$154,100ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$19,636TotalAmt
Program Services$4,813ProgramServicesAmt
Management And General$4,971ManagementAndGeneralAmt
Fundraising$9,852FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$12,443,931TotalAmt
Program Services$9,567,804ProgramServicesAmt
Management And General$2,049,779ManagementAndGeneralAmt
Fundraising$826,348FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,384,198BOYAmt
EOY$7,050,623EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,000,030BOYAmt
EOY$12,002,590EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,323,652BOYAmt
EOY$7,615,823EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$208,750BOYAmt
EOY$116,844EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$116,720BOYAmt
EOY$287,673EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$160,376LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$61,963LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$73,437BOYAmt
EOY$98,413EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$50,268BOYAmt
EOY$46,803EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$18,157,055BOYAmt
EOY$27,218,769EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$439,931BOYAmt
EOY$497,298EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$946BOYAmt
EOY$1,333EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,052,980BOYAmt
EOY$138,626EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,493,857BOYAmt
EOY$637,257EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,940,033BOYAmt
EOY$10,893,756EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,723,165BOYAmt
EOY$15,687,756EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,663,198BOYAmt
EOY$26,581,512EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,157,055BOYAmt
EOY$27,218,769EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$9,918,314ReconcilationRevenueExpnssAmt
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$4,744,248CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,993,857CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,027,748CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,444,668CurrentTaxYearMinus1YearAmt
Current Tax Year$21,496,277CurrentTaxYearAmt
Total$58,706,798TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,744,248CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,993,857CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,027,748CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,444,668CurrentTaxYearMinus1YearAmt
Current Tax Year$21,496,277CurrentTaxYearAmt
Total$58,706,798TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$13,928,141SubstantialContributorsTotAmt
Public Support Total170$44,778,657PublicSupportTotal170Amt
Total Support$58,706,798TotalSupportAmt
Gross Receipts Rltd Activities$2,574,725GrossReceiptsRltdActivitiesAmt
Public Support CY1700.76280PublicSupportCY170Pct
Public Support PY1700.74310PublicSupportPY170Pct
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$49,962DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$124,325OtherActivitiesAmt
Total Lobbying Expenditures$174,287TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationBRAVEN'S CEO, HEAD OF HIGHER EDUCATION PARTNERS & PUBLIC POLICY, CHIEF EXTERNAL AFFAIRS OFFICER, 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$27,539DepreciationAmt
Book Value$57,701BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$75,136OtherCostOrOtherBasisAmt
Depreciation$34,424DepreciationAmt
Book Value$40,712BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$98,413TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
LEASE INCENTIVE LIABILITY$57,701
DEFERRED LEASE LIABILITY$47,592
REFUNDABLE ADVANCE$33,333
FieldValueIRS element (for citing)
Total Liability$138,626TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$24,713,559TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$2,351,314DonatedServicesAndUseFcltsAmt
Revenue Not Reported$2,351,314RevenueNotReportedAmt
Revenue Subtotal$22,362,245RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$22,362,245TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,795,245TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$2,351,314DonatedServicesUseFcltsAmt
Expenses Not Reported$2,351,314ExpensesNotReportedAmt
Expenses Subtotal$12,443,931ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$12,443,931TotalExpensesPerForm990Amt

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 (6 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$247,667$0$15,000$0$0$0$12,252$0$28,940$0$303,859$0$0$0
LORRAINE ANDERSON
CHIEF EXTERNAL AFFAIRS OFFICER$173,549$0$10,000$0$0$0$9,671$0$28,346$0$221,566$0$0$0
HARRY LI
CHIEF TECHNOLOGY OFFICER$199,589$0$0$0$0$0$9,793$0$7,411$0$216,793$0$0$0
VINCENT MARIGNA
EXECUTIVE DIRECTOR, NEWARK$183,253$0$10,000$0$0$0$0$0$21,364$0$214,617$0$0$0
BRIAN SADLER
HEAD OF ENGINEERING$159,122$0$3,000$0$0$0$8,297$0$22,414$0$192,833$0$0$0
JEANA KIM THROUGH FEB 2022
CHIEF PRODUCT OFFICER$162,519$0$10,000$0$0$0$7,609$0$4,811$0$184,939$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 CONTROLLER, CHIEF EXECUTIVE OFFICER, AND THE CHIEF FINANCIAL AND OPERATIONS 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.
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 1,024,165. MANAGEMENT AND GENERAL EXPENSES 428,517. FUNDRAISING EXPENSES 67,920. TOTAL EXPENSES 1,520,602. RESEARCH STUDY FEES: PROGRAM SERVICE EXPENSES 4,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,600. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 9,710. MANAGEMENT AND GENERAL EXPENSES 20,381. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,091. DATA/PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 174,747. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 174,747.