Brennan Rehabilitation Foundation

Nonprofit profile at a glance

EIN
843922164
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Lake Forest, IL, USA
Phone
8473727429
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Support Services

Reported finances

Revenue
$45,694
Expenses
$30,220
Assets
$102,546
Liabilities
$0

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

Leadership & pay

12 people listed

People named in this filing

  • CHRISTOPHER J BRENNAN (DIRECTOR)
  • DIANE M KRAPF (DIRECTOR)
  • KELLEY B HAWVER (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The objective of the brennan rehabilitation foundation is to help individuals, families, and communities who have suffered spinal-related physical and cognitive disabilities by providing financial resources at key times of need in order to make a continuum of rehabilitation resources and opportunities available.the foundation is committed to helping those who have suffered a severe stroke; an accident that damaged their spinal cord; sustained a traumatic neck injury; or have suffered complications resulting in tetraplegia.we strive to help individuals ultimately reach optimal health and independence. We offer financial assistance to help rebuild the lives of individuals through rehabilitation therapies such as: physical therapyoccupational therapyspeech therapyrecreation

What it reported doing in 2024

Every year in the u.s., an estimated 17,000 people survive a spinal cord injury. While treatment and follow-up care varies according to the serverity of the injury, medical expenses can easily exceed $500,000 in the first year alone. These staggering costs have inspired the brennan rehabilitation foundation to create the socrates award, a lifetime cash grant to provide tetraplegics, individuals with paralysis caused by illness or injury that results in the partial or total loss of use of all four limbs and torso, with economic resources for therapy, equipment, prescriptions, and in-home care. Each year, recipients are selected to receive the socrates award for their efforts in working to achieve personal success while pursuing the daily grind of physical rehabilitation and recovery.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 51% for direct work, and 49% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 89
  • Accountability: 70
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.7%; rating input score 63
  • Program expense ratio: 80.4%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th 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; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 33.9%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 3.39; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 45.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 10.9% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 19.8% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 62.7% of revenue deployed · 80.4% of spending went to programs
  • Governance: 12 of 12 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $24K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 17 of 18 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.