BRAVEN INCORPORATED: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BRAVEN INCORPORATED (EIN 46-4340594)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-01-14
IRS object ID
202630149349301603
Schema version
2024v5.5
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)
Return2026-01-14T13:14:18-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

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 Begin2024-07-01TaxPeriodBeginDt

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
Signature2026-01-14SignatureDt
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
Preparation2026-01-14PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$28,174,170GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressBEBRAVEN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers2600TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$35,505,133PYContributionsGrantsAmt
CY Contributions Grants$25,203,898CYContributionsGrantsAmt
PY Program Service Revenue$1,668,169PYProgramServiceRevenueAmt
CY Program Service Revenue$1,763,702CYProgramServiceRevenueAmt
PY Investment Income$1,528,409PYInvestmentIncomeAmt
CY Investment Income$1,206,570CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$38,701,711PYTotalRevenueAmt
CY Total Revenue$28,174,170CYTotalRevenueAmt
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$18,261,348PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$24,224,381CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,352,615CYTotalFundraisingExpenseAmt
PY Other Expenses$8,284,722PYOtherExpensesAmt
CY Other Expenses$9,338,389CYOtherExpensesAmt
PY Total Expenses$26,546,070PYTotalExpensesAmt
CY Total Expenses$33,562,770CYTotalExpensesAmt
PY Revenues Less Expenses$12,155,641PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,388,600CYRevenuesLessExpensesAmt
Total Assets BOY$56,265,884TotalAssetsBOYAmt
Total Assets EOY$49,811,137TotalAssetsEOYAmt
Total Liabilities BOY$4,295,663TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,229,516TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$51,970,221NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$46,581,621NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBRAVEN'S MISSION IS TO EQUIP PROMISING COLLEGE STUDENTS WITH THE SKILLS, NETWORKS, CONFIDENCE, AND EXPERIENCE NECESSARY TO TRANSITION FROM COLLEGE TO STRONG ECONOMIC OPPORTUNITIES, WHICH LEAD TO MEANINGFUL CAREERS AND LIVES OF IMPACT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$27,890,287ExpenseAmt
Grant$0GrantAmt
Revenue$1,763,702RevenueAmt
DescSEE SCHEDULE O.Desc
Total Program Service Expenses$27,890,287TotalProgramServiceExpensesAmt
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 Document77IRPDocumentCnt
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 Members14GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
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 (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
AIMEE EUBANKS DAVIS
CHIEF EXECUTIVE OFFICER50.00Yes (X)Yes (X)$374,045$0$46,777
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
JOHN COZZI
DIRECTOR1.00Yes (X)$0$0$0
DR HARRY WILLIAMS
DIRECTOR1.00Yes (X)$0$0$0
EDWARD HERRERA
CHIEF FINANCE & OPERATING OFFICER50.00Yes (X)$219,359$0$23,097
MATTHEW STIEGLITZ
SECRETARY/GENERAL COUNSEL50.00Yes (X)$188,692$0$9,941
LORRAINE ANDERSON
CHIEF EXTERNAL AFFAIRS OFFICER50.00$289,388$0$44,165Yes (X)
LANIESHA SANDERS
CHIEF PRODUCT OFFICER50.00$238,332$0$26,573Yes (X)
MOON LEE
CHIEF TECHNOLOGY OFFICER50.00$304,299$0$30,779Yes (X)
RAKESH DUGGIRALA
CHIEF STRATEGY OFFICER50.00$296,345$0$41,132Yes (X)
ALI KARBASSI
SR DIR, SOFTWARE ENGINEERING50.00$223,340$0$36,543Yes (X)
COURTNEY DUBIN
SR DIR, DIGITAL PRODUCT MGMT50.00$213,895$0$28,777Yes (X)
CHE WATKINS
EXECUTIVE DIRECTOR50.00$203,980$0$18,391Yes (X)
DIANA PHUONG
EXECUTIVE DIRECTOR50.00$189,436$0$22,745Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,741,111TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$328,920TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K58IndivRcvdGreaterThan100KCnt
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
TOPTAL LLC
2810 NORTH CHURCH STREET 36879WILMINGTONDE19802IT SERVICE MANAGEMENT CONSULTANTS$446,945
100 NL ACQUISITION LLC
PO BOX 85691MINNEAPOLISMN55485FACILITITY LEASE$308,462
CDW DIRECT LLC
PO BOX 75723CHICAGOIL60675IT TECHNOLOGY SERVICES$233,263
O PRACTICE
1474 S PRAIRIE AVE UNIT BCHICAGOIL60605CAREER COACHING$209,964
MICHAEL DAVID METZGER
140 EAST RIO SALADO PARKWAY UNIT 6TEMPEAZ85281DATA ANALYSIS SERVICES$165,970
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K77CntrctRcvdGreaterThan100KCnt
All Other Contributions$25,203,898AllOtherContributionsAmt
Total Contributions$25,203,898TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business611600BusinessCd
Total Revenue Column$1,763,702TotalRevenueColumnAmt
Related Or Exempt Func Income$1,763,702RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,763,702TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,206,570TotalRevenueColumnAmt
Exclusion$1,206,570ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,174,170TotalRevenueColumnAmt
Related Or Exempt Func Income$1,763,702RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,206,570ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,722,202TotalAmt
Program Services$1,067,502ProgramServicesAmt
Management And General$376,017ManagementAndGeneralAmt
Fundraising$278,683FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$18,144,988TotalAmt
Program Services$14,966,279ProgramServicesAmt
Management And General$1,174,667ManagementAndGeneralAmt
Fundraising$2,004,042FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$801,648TotalAmt
Program Services$646,969ProgramServicesAmt
Management And General$62,570ManagementAndGeneralAmt
Fundraising$92,109FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,019,326TotalAmt
Program Services$1,629,693ProgramServicesAmt
Management And General$157,614ManagementAndGeneralAmt
Fundraising$232,019FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,536,217TotalAmt
Program Services$1,239,801ProgramServicesAmt
Management And General$119,906ManagementAndGeneralAmt
Fundraising$176,510FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$272,134TotalAmt
Program Services$252,949ProgramServicesAmt
Management And General$11,293ManagementAndGeneralAmt
Fundraising$7,892FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$299,947TotalAmt
Program Services$156,959ProgramServicesAmt
Management And General$135,992ManagementAndGeneralAmt
Fundraising$6,996FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,662,097TotalAmt
Program Services$1,544,468ProgramServicesAmt
Management And General$25,827ManagementAndGeneralAmt
Fundraising$91,802FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$498,059TotalAmt
Program Services$442,211ProgramServicesAmt
Management And General$18,992ManagementAndGeneralAmt
Fundraising$36,856FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$432,729TotalAmt
Program Services$405,479ProgramServicesAmt
Management And General$13,557ManagementAndGeneralAmt
Fundraising$13,693FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,986,936TotalAmt
Program Services$1,868,699ProgramServicesAmt
Management And General$56,153ManagementAndGeneralAmt
Fundraising$62,084FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,122,953TotalAmt
Program Services$1,044,001ProgramServicesAmt
Management And General$46,475ManagementAndGeneralAmt
Fundraising$32,477FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,117,678TotalAmt
Program Services$1,724,619ProgramServicesAmt
Management And General$95,645ManagementAndGeneralAmt
Fundraising$297,414FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$230,105TotalAmt
Program Services$213,432ProgramServicesAmt
Management And General$8,662ManagementAndGeneralAmt
Fundraising$8,011FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$126,043TotalAmt
Program Services$117,157ProgramServicesAmt
Management And General$5,231ManagementAndGeneralAmt
Fundraising$3,655FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$153,460TotalAmt
Program Services$140,793ProgramServicesAmt
Management And General$7,645ManagementAndGeneralAmt
Fundraising$5,022FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPARTICIPANT STIPENDSDesc
Total$340,030TotalAmt
Program Services$340,030ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$96,218TotalAmt
Program Services$89,246ProgramServicesAmt
Management And General$3,622ManagementAndGeneralAmt
Fundraising$3,350FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$33,562,770TotalAmt
Program Services$27,890,287ProgramServicesAmt
Management And General$2,319,868ManagementAndGeneralAmt
Fundraising$3,352,615FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,525,351BOYAmt
EOY$5,575,989EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$22,113,912BOYAmt
EOY$18,806,417EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,834,097BOYAmt
EOY$10,466,179EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$694,743BOYAmt
EOY$519,400EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$790,854BOYAmt
EOY$1,031,739EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$684,506LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$298,827LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$405,803BOYAmt
EOY$385,679EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,970,076BOYAmt
EOY$10,619,457EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,931,048BOYAmt
EOY$2,406,277EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$56,265,884BOYAmt
EOY$49,811,137EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,124,756BOYAmt
EOY$1,059,855EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$96,400BOYAmt
EOY$96,050EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,074,507BOYAmt
EOY$2,073,611EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,295,663BOYAmt
EOY$3,229,516EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$28,930,019BOYAmt
EOY$27,913,523EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$23,040,202BOYAmt
EOY$18,668,098EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$51,970,221BOYAmt
EOY$46,581,621EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$56,265,884BOYAmt
EOY$49,811,137EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$5,388,600ReconcilationRevenueExpnssAmt
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$12,444,668CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,496,277CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,660,905CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,505,133CurrentTaxYearMinus1YearAmt
Current Tax Year$25,203,898CurrentTaxYearAmt
Total$123,310,881TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,444,668CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,496,277CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,660,905CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,505,133CurrentTaxYearMinus1YearAmt
Current Tax Year$25,203,898CurrentTaxYearAmt
Total$123,310,881TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$15,007,269SubstantialContributorsTotAmt
Public Support Total170$108,303,612PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$604,763CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,528,409CurrentTaxYearMinus1YearAmt
Current Tax Year$1,206,570CurrentTaxYearAmt
Total$3,339,742TotalAmt
FieldValueIRS element (for citing)
Total Support$126,650,623TotalSupportAmt
Gross Receipts Rltd Activities$6,511,895GrossReceiptsRltdActivitiesAmt
Public Support CY1700.85510PublicSupportCY170Pct
Public Support PY1700.85820PublicSupportPY170Pct
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$64,450DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$119,110OtherActivitiesAmt
Total Lobbying Expenditures$183,560TotalLobbyingExpendituresAmt
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 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$74,749DepreciationAmt
Book Value$10,491BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$519,683OtherCostOrOtherBasisAmt
Depreciation$183,689DepreciationAmt
Book Value$335,994BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$79,583OtherCostOrOtherBasisAmt
Depreciation$40,389DepreciationAmt
Book Value$39,194BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$385,679TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITIES$2,038,202
FINANCE LEASE LIABILITIES$35,409
FieldValueIRS element (for citing)
Total Liability$2,073,611TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$31,916,890TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$3,742,720DonatedServicesAndUseFcltsAmt
Revenue Not Reported$3,742,720RevenueNotReportedAmt
Revenue Subtotal$28,174,170RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$28,174,170TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$37,305,490TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$3,742,720DonatedServicesUseFcltsAmt
Expenses Not Reported$3,742,720ExpensesNotReportedAmt
Expenses Subtotal$33,562,770ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$33,562,770TotalExpensesPerForm990Amt

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 (11 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$374,045$0$0$0$0$0$17,250$0$29,527$0$420,822$0$0$0
RAKESH DUGGIRALA
CHIEF STRATEGY OFFICER$296,345$0$0$0$0$0$15,216$0$25,916$0$337,477$0$0$0
MOON LEE
CHIEF TECHNOLOGY OFFICER$304,299$0$0$0$0$0$13,360$0$17,419$0$335,078$0$0$0
LORRAINE ANDERSON
CHIEF EXTERNAL AFFAIRS OFFICER$289,388$0$0$0$0$0$14,721$0$29,444$0$333,553$0$0$0
LANIESHA SANDERS
CHIEF PRODUCT OFFICER$238,332$0$0$0$0$0$12,037$0$14,536$0$264,905$0$0$0
ALI KARBASSI
SR DIR, SOFTWARE ENGINEERING$223,340$0$0$0$0$0$10,867$0$25,676$0$259,883$0$0$0
COURTNEY DUBIN
SR DIR, DIGITAL PRODUCT MGMT$213,895$0$0$0$0$0$9,622$0$19,155$0$242,672$0$0$0
EDWARD HERRERA
CHIEF FINANCE & OPERATING OFFICER$219,359$0$0$0$0$0$11,080$0$12,017$0$242,456$0$0$0
CHE WATKINS
EXECUTIVE DIRECTOR$203,980$0$0$0$0$0$10,263$0$8,128$0$222,371$0$0$0
DIANA PHUONG
EXECUTIVE DIRECTOR$189,436$0$0$0$0$0$9,855$0$12,890$0$212,181$0$0$0
MATTHEW STIEGLITZ
SECRETARY/GENERAL COUNSEL$188,692$0$0$0$0$0$9,435$0$506$0$198,633$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 EQUIP PROMISING COLLEGE STUDENTS WITH THE SKILLS, NETWORKS, CONFIDENCE, AND EXPERIENCE NECESSARY TO TRANSITION FROM COLLEGE TO STRONG ECONOMIC OPPORTUNITIES, WHICH LEAD TO MEANINGFUL CAREERS AND LIVES OF IMPACT.
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.

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