Brain Treatment Foundation

Nonprofit profile at a glance

EIN
464567004
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2016
Location
Plano, TX, USA
Phone
9044763092
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Patient Services - Entertainment, Recreation

Official website

Reported finances

Revenue
$524,918
Expenses
$673,396
Assets
$82,414
Liabilities
$7,829

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Highest reported compensation

  • KARA WILLIAMS (CHAIRMAN): $72,917 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Brain nbsp; treatment nbsp; foundation nbsp; is nbsp; dedicated nbsp; to nbsp; providing nbsp; support nbsp; for nbsp; brain nbsp; health nbsp; initiatives nbsp; relating nbsp; to nbsp; treatment nbsp; rehabilitation nbsp; research nbsp; and nbsp; public nbsp; education nbsp; the nbsp; organization nbsp; seeks nbsp; to nbsp; transform nbsp; the nbsp; lives nbsp; of nbsp; individuals nbsp; suffering nbsp; from nbsp; the nbsp; effects nbsp; of nbsp; a nbsp; traumatic nbsp; brain nbsp; injury nbsp; or nbsp; concussion nbsp; children nbsp; with nbsp; mild nbsp; to nbsp; severe nbsp; cognitive nbsp; or nbsp; neurological nbsp; disorders nbsp; the nbsp; elderly nbsp; population nbsp; dealing nbsp; with nbsp; physical nbsp; and nbsp; cognitive nbsp; function nbsp; decline nbsp; and nbsp; members nbsp; of nbsp; the nbsp; military nbsp; diagnosed nbsp; with nbsp; post-traumatic nbsp; stress nbsp; or nbsp; a nbsp; traumatic nbsp; brain nbsp; injury

What it reported doing in 2024

Brain treatment foundation is dedicated to providing support for brain health initiatives relating to treatment rehabilitation research and public education. The organization seeks to transform the lives of individuals suffering from the effects of a traumatic brain injury or concussion children with mild to severe cognitive or neurological disorders the elderly population dealing with physical and cognitive function decline and members of the military diagnosed with post-traumatic stress or a traumatic brain injury.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 98
  • Accountability: 90
  • Sustainability: 14
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.6%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 93.5%; rating input score 93; 41st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -28.3%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 10.8%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: -0.4% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: 13.9% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.6% of spending went to programs
  • Governance: 3 of 3 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $657K in reported program spending
  • Leadership: top reported pay $73K · 3 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.