BRAVEN INCORPORATED: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BRAVEN INCORPORATED (EIN 46-4340594)
Tax period
2022-07-01 to 2023-06-30
Filed
2023-12-07
IRS object ID
202333419349301013
Schema version
2022v5.0
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)
Return2023-12-07T11:15:47-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

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 Begin2022-07-01TaxPeriodBeginDt

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)
PersonEDWARD HERRERAPersonNm
Person TitleCFOOPersonTitleTxt
Phone7733168013PhoneNum
Signature2023-12-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstEDWARDPersonFirstNm
Person LastHERRERAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYIGIT UCTUM CPAPreparerPersonNm
PTINP01269549PTIN
Phone2125511724PhoneNum
Preparation2023-12-05PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
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$30,839,235GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BEBRAVEN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or 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.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$21,496,277PYContributionsGrantsAmt
CY Contributions Grants$28,660,905CYContributionsGrantsAmt
PY Program Service Revenue$865,968PYProgramServiceRevenueAmt
CY Program Service Revenue$1,573,567CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$604,763CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$22,362,245PYTotalRevenueAmt
CY Total Revenue$30,839,235CYTotalRevenueAmt
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$8,816,472PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,978,371CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,739,728CYTotalFundraisingExpenseAmt
PY Other Expenses$3,627,459PYOtherExpensesAmt
CY Other Expenses$5,627,796CYOtherExpensesAmt
PY Total Expenses$12,443,931PYTotalExpensesAmt
CY Total Expenses$17,606,167CYTotalExpensesAmt
PY Revenues Less Expenses$9,918,314PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$13,233,068CYRevenuesLessExpensesAmt
Total Assets BOY$27,218,769TotalAssetsBOYAmt
Total Assets EOY$43,051,882TotalAssetsEOYAmt
Total Liabilities BOY$637,257TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,237,302TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$26,581,512NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$39,814,580NetAssetsOrFundBalancesEOYAmt
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$13,249,728ExpenseAmt
Grant$0GrantAmt
Revenue$1,573,567RevenueAmt
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$13,249,728TotalProgramServiceExpensesAmt
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 Document58IRPDocumentCnt
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 Line1EDWARD HERRERABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3109904045PhoneNum

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)$294,101$0$42,130
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
VICKI WALIA
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)$181,070$0$13,830
MATTHEW STIEGLITZ
SECRETARY/GENERAL COUNSEL50.00Yes (X)$0$0$0
LORRAINE ANDERSON
CHIEF EXTERNAL AFFAIRS OFFICER50.00$209,337$0$40,025Yes (X)
HARRY LI
CHIEF TECHNOLOGY OFFICER50.00$215,912$0$18,351Yes (X)
CHE WATKINS
EXECUTIVE DIRECTOR, ATLANTA50.00$178,822$0$11,966Yes (X)
KILSYS PAYAMPS-ROURE
EXECUTIVE DIRECTOR, NEW YORK CITY50.00$168,980$0$33,660Yes (X)
JONATHAN CHAPARRO
EXECUTIVE DIRECTOR, INNOVATION50.00$153,007$0$14,412Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,401,229TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$174,374TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K21IndivRcvdGreaterThan100KCnt
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
TRINET GROUP INC
1 PARK PLACE SUITE 600DUBLINCA94568STAFF, HUMAN RESOURCE MANAGEMENT, PAYROL$10,380,396
O PRACTICE
1100 LAKE STREET STE 280D 730OAK PARKIL60301COACHING & STRATEGY$557,746
OPENTENT LLC
1001 BANNOCK STREETDENVERCO80204TECHNOLOGY CONSULTING$307,500
POTENTIAL ENERGY TALENT SOLUTIONS LLC
130 EAST QUEEN STREETHILLSBOROUGHNC27278TALENT CONSULTING$139,000
MICHAEL DAVID METZGER
140 EAST RIO SALADO PARKWAY UNIT 6TEMPEAZ85281BUSINESS CONSULTING$118,356
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$372,850GovernmentGrantsAmt
All Other Contributions$28,288,055AllOtherContributionsAmt
Total Contributions$28,660,905TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business611600BusinessCd
Total Revenue Column$1,573,567TotalRevenueColumnAmt
Related Or Exempt Func Income$1,573,567RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,573,567TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$604,763TotalRevenueColumnAmt
Exclusion$604,763ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,839,235TotalRevenueColumnAmt
Related Or Exempt Func Income$1,573,567RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$604,763ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$405,073TotalAmt
Program Services$81,015ProgramServicesAmt
Management And General$162,029ManagementAndGeneralAmt
Fundraising$162,029FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$9,376,574TotalAmt
Program Services$7,248,632ProgramServicesAmt
Management And General$1,146,309ManagementAndGeneralAmt
Fundraising$981,633FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$364,518TotalAmt
Program Services$273,143ProgramServicesAmt
Management And General$48,756ManagementAndGeneralAmt
Fundraising$42,619FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,048,689TotalAmt
Program Services$785,810ProgramServicesAmt
Management And General$140,267ManagementAndGeneralAmt
Fundraising$122,612FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$783,517TotalAmt
Program Services$587,110ProgramServicesAmt
Management And General$104,799ManagementAndGeneralAmt
Fundraising$91,608FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,058TotalAmt
Management And General$2,058ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$216,219TotalAmt
Management And General$216,219ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$96,762TotalAmt
Management And General$96,762ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,594,294TotalAmt
Program Services$2,357,056ProgramServicesAmt
Management And General$153,442ManagementAndGeneralAmt
Fundraising$83,796FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$367,728TotalAmt
Program Services$200,671ProgramServicesAmt
Management And General$159,433ManagementAndGeneralAmt
Fundraising$7,624FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$454,526TotalAmt
Program Services$350,618ProgramServicesAmt
Management And General$64,973ManagementAndGeneralAmt
Fundraising$38,935FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$466,047TotalAmt
Program Services$346,731ProgramServicesAmt
Management And General$89,340ManagementAndGeneralAmt
Fundraising$29,976FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$354,564TotalAmt
Program Services$271,621ProgramServicesAmt
Management And General$60,529ManagementAndGeneralAmt
Fundraising$22,414FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$277,218TotalAmt
Program Services$168,154ProgramServicesAmt
Management And General$52,406ManagementAndGeneralAmt
Fundraising$56,658FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$570,120TotalAmt
Program Services$395,974ProgramServicesAmt
Management And General$91,393ManagementAndGeneralAmt
Fundraising$82,753FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$34,996TotalAmt
Program Services$26,810ProgramServicesAmt
Management And General$5,974ManagementAndGeneralAmt
Fundraising$2,212FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$59,767TotalAmt
Program Services$44,785ProgramServicesAmt
Management And General$7,994ManagementAndGeneralAmt
Fundraising$6,988FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPARTICIPANT STIPENDSDesc
Total$111,598TotalAmt
Program Services$111,598ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$21,899TotalAmt
Management And General$14,028ManagementAndGeneralAmt
Fundraising$7,871FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,606,167TotalAmt
Program Services$13,249,728ProgramServicesAmt
Management And General$2,616,711ManagementAndGeneralAmt
Fundraising$1,739,728FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,050,623BOYAmt
EOY$2,512,258EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$12,002,590BOYAmt
EOY$30,903,563EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,615,823BOYAmt
EOY$6,911,886EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$116,844BOYAmt
EOY$68,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$287,673BOYAmt
EOY$308,872EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$453,346LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$96,959LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$98,413BOYAmt
EOY$356,387EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$46,803BOYAmt
EOY$1,990,916EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$27,218,769BOYAmt
EOY$43,051,882EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$497,298BOYAmt
EOY$928,426EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,333BOYAmt
EOY$4,104EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$138,626BOYAmt
EOY$2,304,772EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$637,257BOYAmt
EOY$3,237,302EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,893,756BOYAmt
EOY$24,397,066EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,687,756BOYAmt
EOY$15,417,514EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,581,512BOYAmt
EOY$39,814,580EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$27,218,769BOYAmt
EOY$43,051,882EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$13,233,068ReconcilationRevenueExpnssAmt
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$13,993,857CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,027,748CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,444,668CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$21,496,277CurrentTaxYearMinus1YearAmt
Current Tax Year$28,660,905CurrentTaxYearAmt
Total$82,623,455TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,993,857CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,027,748CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,444,668CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$21,496,277CurrentTaxYearMinus1YearAmt
Current Tax Year$28,660,905CurrentTaxYearAmt
Total$82,623,455TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,892,023SubstantialContributorsTotAmt
Public Support Total170$76,731,432PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$604,763CurrentTaxYearAmt
Total$604,763TotalAmt
FieldValueIRS element (for citing)
Total Support$83,228,218TotalSupportAmt
Gross Receipts Rltd Activities$3,939,004GrossReceiptsRltdActivitiesAmt
Public Support CY1700.92190PublicSupportCY170Pct
Public Support PY1700.76280PublicSupportPY170Pct
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$42,247DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$105,986OtherActivitiesAmt
Total Lobbying Expenditures$148,233TotalLobbyingExpendituresAmt
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$43,276DepreciationAmt
Book Value$41,964BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$177,609OtherCostOrOtherBasisAmt
Depreciation$23,683DepreciationAmt
Book Value$153,926BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$190,497OtherCostOrOtherBasisAmt
Depreciation$30,000DepreciationAmt
Book Value$160,497BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$356,387TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
REFUNDABLE ADVANCE$491,666
OPERATING LEASE LIABILITIES$1,720,688
FINANCE LEASE LIABILITIES$92,418
FieldValueIRS element (for citing)
Total Liability$2,304,772TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$35,939,635TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$5,100,400DonatedServicesAndUseFcltsAmt
Revenue Not Reported$5,100,400RevenueNotReportedAmt
Revenue Subtotal$30,839,235RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$30,839,235TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$22,706,567TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$5,100,400DonatedServicesUseFcltsAmt
Expenses Not Reported$5,100,400ExpensesNotReportedAmt
Expenses Subtotal$17,606,167ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$17,606,167TotalExpensesPerForm990Amt

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 (7 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$294,101$0$0$0$0$0$12,963$0$29,167$0$336,231$0$0$0
LORRAINE ANDERSON
CHIEF EXTERNAL AFFAIRS OFFICER$209,337$0$0$0$0$0$10,966$0$29,059$0$249,362$0$0$0
HARRY LI
CHIEF TECHNOLOGY OFFICER$215,912$0$0$0$0$0$10,428$0$7,923$0$234,263$0$0$0
KILSYS PAYAMPS-ROURE
EXECUTIVE DIRECTOR, NEW YORK CITY$168,980$0$0$0$0$0$8,663$0$24,997$0$202,640$0$0$0
EDWARD HERRERA
CHIEF FINANCE & OPERATING OFFICER$181,070$0$0$0$0$0$8,654$0$5,176$0$194,900$0$0$0
CHE WATKINS
EXECUTIVE DIRECTOR, ATLANTA$178,822$0$0$0$0$0$4,019$0$7,947$0$190,788$0$0$0
JONATHAN CHAPARRO
EXECUTIVE DIRECTOR, INNOVATION$153,007$0$0$0$0$0$7,705$0$6,707$0$167,419$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 2,230,583. MANAGEMENT AND GENERAL EXPENSES 140,038. FUNDRAISING EXPENSES 83,221. TOTAL EXPENSES 2,453,842. RESEARCH STUDY FEES: PROGRAM SERVICE EXPENSES 7,475. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,475. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 118,998. MANAGEMENT AND GENERAL EXPENSES 13,404. FUNDRAISING EXPENSES 575. TOTAL EXPENSES 132,977.

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