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Nonprofit · EIN 83-4072118

BRAIN FOUNDATION

Tax-exempt · PLEASANTON, CA 94588

Financials

$1.8M$1.2M2023$933K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of BRAIN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$933,178$1,148,039-$214,861$2,296,712$37,615$2,259,097
December 31, 2023990$1,767,518$1,202,197$565,321$2,652,772$178,814$2,473,958
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$828,916
Program service revenue
$0
Investment income
$104,262
Other revenue
$0

Expenses

Grants and similar amounts paid
$897,178
Compensation of officers, directors and key employees
$0
Other salaries and wages
$60,000
Salaries, compensation and benefits (total)
$65,167
Professional fundraising fees
$0
Legal fees
$3,815
Accounting fees
$4,871
Travel
$2,627
Program services (functional)
$897,178
Management and general (functional)
$163,526
Fundraising (functional)
$87,335

Balance sheet and other

Total assets, start of year
$2,652,772
Total assets, end of year
$2,296,712
Total liabilities, end of year
$37,615
Net assets, end of year
$2,259,097
Gross receipts
$933,178
Employees
2
Year formed
2019
State of legal domicile
CA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SEAN O'SULLIVANBOARD MEMBER
Trustee or director
2$0
PRAMILA SRINIVASANPresident & CEO
Officer
3$0
ELIZABETH HORNVice President
Officer
2$0
STEVE COLLARDTreasurer
Officer
2$0
SARIKA AGRAWALSecretary
Officer
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SEAN O'SULLIVANBOARD MEMBER
Trustee or director
2$0
PRAMILA SRINIVASANPresident & CEO
Officer
3$0
ELIZABETH HORNVice President
Officer
2$0
STEVE COLLARDTreasurer
Officer
2$0
SARIKA AGRAWALSecretary
Officer
2$0

Address and contacts

Address (IRS master file)
4141 HACIENDA DR, PLEASANTON, CA 94588-8549
Principal officer (990 for 2024)
PRAMILA SRINIVASAN, 5912 STONERIDGE MALL ROAD, PLEASANTON, CA 94588
Signed the 990
PRAMILA SRINIVASAN, President
Phone
(415) 595-9447
Return prepared by
SALLMANN YANG & ALAMEDA

California records

California keeps its own records of charities and corporations. Search them by EIN 83-4072118 or by the name BRAIN FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE BRAIN FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL, PUBLIC, CHARITABLE, AND SCIENTIFIC PURPOSES. THE SPECIFIC PURPOSE OF THE BRAIN FOUNDATION IS TO EDUCATE THE PUBLIC AND PROMOTE MEDICAL SCIENTIFIC RESEARCH IN THE AREA OF NEUROLOGICAL DISORDERS, INCLUDING THE BIOLOGY OF NEURO-IMMUNE, GASTRO-INTESTINAL, METABOLIC AND RELATED CONDITIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • FUNDING MEDICAL SCIENTIFIC RESEARCH
    Expenses $897,178 · grants $897,178 · revenue $828,916

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-4072118
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,296,712
Income (IRS master file)
$933,178

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$933,178$1,148,039$2,296,712IRS
990December 2023$1,767,518$1,202,197$2,652,772XML
990December 2022$1,331,137$1,049,033$1,983,637IRS
990December 2021–––IRS
990December 2020–––IRS

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 83-4072118).

Questions about BRAIN FOUNDATION

What is the EIN of BRAIN FOUNDATION?
The employer identification number (EIN) of BRAIN FOUNDATION is 83-4072118.
Is BRAIN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to BRAIN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BRAIN FOUNDATION 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 BRAIN FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRAIN FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BRAIN FOUNDATION?
The 990 for the year ended December 31, 2024 names PRAMILA SRINIVASAN.
Who are the officers and directors of BRAIN FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does BRAIN FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $933,178, expenses of $1,148,039 and total assets of $2,296,712 at year end.

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