Howard Brain Sciences Foundation
EIN: 465727582 · Washington, DC · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $39K |
| Total Expenses | $35K |
| Net Assets | $-39,631 |
Is Howard Brain Sciences Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Howard Brain Sciences Foundation
Howard Brain Sciences Foundation (EIN: 465727582) is a nonprofit organization based in Washington, DC, classified under NTEE code T30. The organization reported total revenue of $39K and total assets of $630 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Howard Brain Sciences Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Howard Brain Sciences Foundation is a micro nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2018–2022). Revenue has grown at a compound annual rate of -37.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $35K |
| Surplus / Deficit | +$4K |
| Total Assets | $630 |
| Total Liabilities | $40K |
| Net Assets | $-39,631 |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 6390.6% |
| Months of Reserves | 0.2 months |
Financial Health Grade: B
In 2022, Howard Brain Sciences Foundation reported a surplus of $4K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 6390.6% (high leverage).
Financial Trends
Over 5 years of filings (2018–2022), Howard Brain Sciences Foundation's revenue has declined at a compound annual growth rate (CAGR) of -37.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -56.2% | -54.5% | -96.8% |
| 2021 | -67.7% | -74.9% | -25.6% |
| 2020 | -68.8% | -66.0% | +126.2% |
| 2019 | +243.9% | +253.9% | +26.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Howard Brain Sciences Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Howard Brain Sciences Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6390.6%.
Frequently Asked Questions about Howard Brain Sciences Foundation
Is Howard Brain Sciences Foundation a legitimate charity?
Howard Brain Sciences Foundation (EIN: 465727582) is a registered tax-exempt nonprofit based in Washington DC. It has 5 years of IRS 990 filings on record. Total revenue: $39K. No red flags identified. Financial health grade: B.
How does Howard Brain Sciences Foundation spend its money?
Howard Brain Sciences Foundation reported $39K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Howard Brain Sciences Foundation tax-deductible?
Howard Brain Sciences Foundation is registered as a tax-exempt nonprofit (EIN: 465727582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Howard Brain Sciences Foundation located?
Howard Brain Sciences Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 465727582. It is classified under NTEE code T30.
How many years of IRS 990 filings does Howard Brain Sciences Foundation have?
Howard Brain Sciences Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $39K in total revenue.
Filing History
IRS 990 filing history for Howard Brain Sciences Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2022), Howard Brain Sciences Foundation's revenue has declined by 84.8%, moving from $253K to $39K. Total assets decreased by 93.2% over the same period, from $9K to $630. Total functional expenses fell by 86.2%, from $252K to $35K. In its most recent filing year (2022), Howard Brain Sciences Foundation reported a surplus of $4K, with revenue exceeding expenses. The organization holds $40K in liabilities against $630 in assets (debt-to-asset ratio: 6390.6%), resulting in net assets of $-39,631.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $39K | $35K | $630 | $40K | — | View 990 |
| 2021 | $88K | $76K | $20K | $63K | — | — |
| 2020 | $272K | $303K | $27K | $82K | — | View 990 |
| 2019 | $871K | $891K | $12K | $36K | — | View 990 |
| 2018 | $253K | $252K | $9K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $39K, expenses of $35K, and assets of $630 (revenue -56.2% year-over-year).
- 2021: Revenue of $88K, expenses of $76K, and assets of $20K (revenue -67.7% year-over-year).
- 2020: Revenue of $272K, expenses of $303K, and assets of $27K (revenue -68.8% year-over-year).
- 2019: Revenue of $871K, expenses of $891K, and assets of $12K (revenue +243.9% year-over-year).
- 2018: Revenue of $253K, expenses of $252K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Howard Brain Sciences Foundation:
Data Sources and Methodology
This transparency report for Howard Brain Sciences Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.