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Nonprofit · EIN 52-0701916

BRAINFUTURES INCORPORATED

Tax-exempt · LUTHERVILLE, MD 21093

Financials

$910K$1.1M2022$3.2M$2.3M2023$1.3M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of BRAINFUTURES INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,300,082$2,191,333-$891,251$917,810$94,650$823,160
June 30, 2024990$3,224,814$2,277,560$947,254$2,373,121$624,830$1,748,291
June 30, 2023990$910,469$1,111,220-$200,751$1,142,913$374,371$768,542
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,224,108
of which government grants
$843,621
Program service revenue
$0
Investment income
$75,974
Other revenue
$0

Expenses

Grants and similar amounts paid
$115,350
Compensation of officers, directors and key employees
$159,075
Other salaries and wages
$729,709
Salaries, compensation and benefits (total)
$1,042,369
Professional fundraising fees
$0
Legal fees
$1,424
Accounting fees
$124,077
Occupancy
$13,307
Travel
$14,449
Program services (functional)
$2,034,457
Management and general (functional)
$145,386
Fundraising (functional)
$11,490

Balance sheet and other

Total assets, start of year
$2,373,121
Total assets, end of year
$917,810
Total liabilities, end of year
$94,650
Net assets, end of year
$823,160
Net assets without donor restrictions
$54,989
Net assets with donor restrictions
$768,171
Gross receipts
$1,300,082
Employees
0
Volunteers
10
Year formed
1960
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
LINDA RAINESCHIEF EXECUTIVE DIRECTOR
Officer
1$0$245,655$9,660
RODNEY HILLCIO (UNTIL 7/2024)
Officer
1$0$125,112$8,557
JAZZ GLASTRAINTERIM EXEC. DIR/OPS BRAINFUTURES
Highest-paid employee
40$0$101,354$15,159
GEORGE KIMESPRESIDENT
Trustee or director, Officer
3$0$0$0
TIM SANTONITREASURER/SECRETARY
Trustee or director, Officer
3$0$0$0
HENRY HARBINAT LARGE MEMBER
Trustee or director
3$0$0$0
RANDAL LUTZAT LARGE MEMBER
Trustee or director
3$0$0$0
SUSAN MAGSAMENAT LARGE MEMBER
Trustee or director
3$0$0$0
JEFF RICHARDSONAT LARGE MEMBER
Trustee or director
3$0$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LINDA RAINESCHIEF EXECUTIVE DIRECTOR
Officer
1$0$242,010$9,660
TERESA FIELDSCAO, (UNTIL 4/29/2024)
Officer
1$0$152,164$35,940
GEORGE KIMESPRESIDENT
Trustee or director, Officer
3$0$0$0
TIM SANTONITREASURER/SECRETARY
Trustee or director, Officer
3$0$0$0
HENRY HARBINAT LARGE MEMBER
Trustee or director
3$0$0$0
RANDAL LUTZAT LARGE MEMBER
Trustee or director
3$0$0$0
SUSAN MAGSAMENAT LARGE MEMBER
Trustee or director
3$0$0$0
JEFF RICHARDSONAT LARGE MEMBER
Trustee or director
3$0$0$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LINDA RAINESCHIEF EXECUTIVE DIRECTOR
Officer
1$0$240,558$27,496
DAVID ESSELMANEXECUTIVE DIRECTOR
Officer
40$0$197,046$9,467
TERESA FIELDSCHIEF ADMINISTRATIVE OFFICER
Officer
1$0$153,819$17,255
GEORGE KIMESPRESIDENT
Trustee or director, Officer
1$0$0$0
TIMOTHY SANTONITREASURER/SECRETARY
Trustee or director, Officer
1$0$0$0
HENRY HARBINMEMBER
Trustee or director
1$0$0$0
RANDALL LUTZMEMBER
Trustee or director
1$0$0$0
JEFF RICHARDSONMEMBER
Trustee or director
1$0$0$0
SUSAN MAGSAMENMEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1301 YORK RD STE 505, LUTHERVILLE, MD 21093-6008
In care of
% MENTAL HEALTH ASSOCIATION OF MARY
Mailing address (990-N for 2015)
1301 York Road 505, Lutherville MD 21093
Principal officer (990 for 2024)
LINDA RAINES, 1301 YORK ROAD 505, LUTHERVILLE, MD 21093
Principal officer (990-N for 2015)
Linda Raines, 1301 York Road 505, Lutherville MD 21093
Signed the 990
LINDA RAINES, CHIEF EXECUTIVE OFFICER
Phone
(443) 901-1550
Return prepared by
GELMAN ROSENBERG & FREEDMAN

Mission

BRAINFUTURES PROVIDES RIGOROUS AND UNBIASED INFORMATION ABOUT BRAIN HEALTH ADVANCES RESULTING FROM BREAKTHROUGHS IN UNDERSTANDING OF BRAIN NEUROPLASTICITY, AND LEADS POLICY, REGULATORY AND REIMBURSEMENT WORK TO ENSURE EQUITABLE ACCESS TO TREATMENT ADVANCES.

990 for the year ended June 30, 2025

Program accomplishments

  • PSYCHEDELICSDEVELOPED PROFESSIONAL PRACTICE GUIDELINES AND A CODING GUIDE FOR A NEW THERAPEUTIC APPROACH TO TREAT VARIOUS BRAIN-BASED CONDITIONS INCLUDING DEPRESSION AND POST-TRAUMATIC STRESS DISORDER. EDUCATED THE PUBLIC THROUGH THE RELEASE OF PRINT MATERIALS, DIGITAL NEWSLETTERS, AND SOCIAL MEDIA, CONFERENCE PRESENTATIONS TO PROFESSIONAL AUDIENCES, AND AUTHORING ARTICLES FOR SELECT NATIONAL PUBLICATIONS. INTERVIEWED A WIDE RANGE OF STAKEHOLDERS FROM BACKGROUNDS SUCH AS COMMUNITY MENTAL HEALTH, ACADEMIA, AND PHILANTHROPY TO UNDERSTAND POTENTIAL BARRIERS TO EQUITABLE ACCESS TO PSYCHEDELIC-ASSISTED THERAPY FOR COMMUNITIES THAT ARE OFTEN UNDERSERVED BY THE HEALTHCARE SYSTEM, SUCH AS BIPOC, LGBTQ+, AND RURAL COMMUNITIES. LAID FOUNDATIONS OF A LARGER INITIATIVE TO SPARK COLLABORATION AND AMPLIFY EQUITY AND ACCESS EFFORTS IN THE PSYCHEDELIC-ASSISTED THERAPY FIELD.
    Expenses $1,197,514 · grants $115,350
  • YOUTH EXECUTIVE FUNCTIONBRAINFUTURES IMPLEMENTS AN EVIDENCE-BASED, DIGITAL EXECUTIVE COGNITIVE FUNCTION ENHANCEMENT PROGRAM, AS A TIER 1 INTERVENTION FOR HIGH-RISK STUDENTS WITHIN ELEMENTARY AND MIDDLE SCHOOLS. THIS IS A COGNITIVE TRAINING PROGRAM THAT USES COMPUTER-BASED ACTIVITIES TO IMPROVE THE EXECUTIVE FUNCTIONS OF ATTENTION AND MEMORY AND, AS A RESULT, STUDENT ACADEMIC PERFORMANCE. IMPROVED ACADEMIC PERFORMANCE CONTRIBUTES TO HIGHER RATES OF SCHOOL CONNECTEDNESS, WHICH HAS BEEN ASSOCIATED WITH FEWER NEGATIVE MENTAL HEALTH EXPERIENCES. COMPROMISED EXECUTIVE FUNCTIONS ARE ASSOCIATED WITH ADHD, SUBSTANCE ABUSE, DEPRESSION, AND SUICIDE ATTEMPTS; STRENGTHENING EXECUTIVE FUNCTIONS CAN HELP TO PREVENT AND ADDRESS MENTAL HEALTH CHALLENGES. COMPROMISED EXECUTIVE FUNCTIONS LIMIT STUDENTS' ABILITY TO ENGAGE IN AND BENEFIT FROM NUMEROUS OTHER MENTAL HEALTH INTERVENTIONS; BY IMPROVING EXECUTIVE FUNCTION, BRAINFUTURES CAN EQUIP STUDENTS TO BENEFIT FROM OTHER MENTAL HEALTH INTERVENTIONS
    Expenses $836,943

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-0701916
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1975
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$917,810
Income (IRS master file)
$1,300,082

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,300,082$2,191,333$917,810XML
990June 2024$3,224,814$2,277,560$2,373,121IRS
990June 2023$910,469$1,111,220$1,142,913XML
990June 2022$1,451,052$849,004$1,562,521IRS
990June 2021–––IRS
990December 2020–––IRS
990-N for 2015
Officer: Linda Raines
June 30, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-0701916).

Questions about BRAINFUTURES INCORPORATED

What is the EIN of BRAINFUTURES INCORPORATED?
The employer identification number (EIN) of BRAINFUTURES INCORPORATED is 52-0701916.
Is BRAINFUTURES INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to BRAINFUTURES INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BRAINFUTURES INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BRAINFUTURES INCORPORATED due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRAINFUTURES INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BRAINFUTURES INCORPORATED?
The 990 for the year ended June 30, 2025 names LINDA RAINES.
Who are the officers and directors of BRAINFUTURES INCORPORATED?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does BRAINFUTURES INCORPORATED have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,300,082, expenses of $2,191,333 and total assets of $917,810 at year end.

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