Young and Brave Inc

Nonprofit profile at a glance

EIN: 451564197
IRS 990 coverage: 2014–2024
Forms available: Form 990 2024, Form 990-EZ 2013, Form 990-N 2012
Location: Ventura, CA, USA
Phone: 8052086242
Rating: 69
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Single Organization Support

Official website

Reported finances

Revenue: $60,195
Expenses: $89,733
Assets: $108,228
Liabilities: $224

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

Leadership & pay

6 people listed

Executive titles in this filing

NATHANIEL CURRAN (EXECUTIVE DIRECTOR)

Highest reported compensation

JOSHUA CURRAN (CFO): $8,700 total reported compensation
NATHANIEL CURRAN (EXECUTIVE DIRECTOR): $7,395 total reported compensation

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

Overview

Mission

Dedicated to helping today's youth beat cancer. We aim to help these brave fighters and their families overcome the challenges and hardships brought upon by cancer. Built on the foundation of love we exist to inspire, encourage, inform, as well as to invest directly into treatment and recovery. We do so through networking, fundraising drives, community building, and financial support. Our one goal is to fight cancer alongside those that shouldn't fight alone.

What it reported doing in 2024

Our foundation raises funds for families of young adults battling cancer. We aim to educate, inform as well as invest directly in the families to help with the burden and hardships brought on by a cancer diagnosis. During this year, the foundation has donated to 6 different cancer patients and their families. The recipients are able to use the funds to pay for medical expenses, living expenses and/or help compensate for lost wages due to illness. Additionally, an online fundraising platform was created and maintained where young cancer patients and their families can tell their stories, offer and receive emotional support, and the general public can donate funds directly to patients struggling with cancer.

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model: Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.

Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

Financial Efficiency: 71
Transparency & Controls: 86
Accountability: 62
Sustainability: 27
Growth: 20

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 80.4%; rating input score 80
Program expense ratio: 57.8%; rating input score 58
Fundraising efficiency: $16.32 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings

Transparency & Controls

Consistency checks: 93.3%; rating input score 93; 26th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: 85.7%; rating input score 86; 53rd percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Accountability

Independent voting board: 66.7%; rating input score 67; 22nd percentile among comparable filings
Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- 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: -49.1%; rating input score 29; 29th percentile among comparable filings
Total-asset coverage ratio: 1.21; rating input score 27; 27th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 33; 33rd percentile among comparable filings
Officer compensation ratio: 17.9%; rating input score 14; 14th percentile among comparable filings

Growth

Program expense growth: -17.8% per year; rating input score 0; 19th percentile among comparable filings
Revenue growth: -12.3% per year; rating input score 0; 28th percentile among comparable filings
Asset growth: 2.1% per year; rating input score 100; 53rd percentile among comparable filings

Details

Where the money goes: 80.4% of revenue deployed · 57.8% of spending went to programs
Governance: 4 of 6 board members independent · 5 of 9 filing controls reported
Programs: 1 filed program accomplishment · $52K in reported program spending
Leadership: top reported pay $9K · 6 people listed
Consistency: 28 of 29 current checks pass · 1 finding to review
Schedules: 6 filed schedules · includes major donors and grants
Filing history: 10 filing years from 2014 to 2024
Contacts: How to reach this organization
Money network: 2 filed money-flow records
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.

Review — Financial Efficiency: Program expense ratio scored 58/100.
Review — Accountability: Governance controls: 3 of 8 not reported.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 29/100.
High — Sustainability: Total-asset coverage ratio scored 27/100.
Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
High — Sustainability: Officer compensation ratio scored 14/100.
Moderate — Sustainability: Liabilities to assets ratio scored 33/100.