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Braination Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 451144651 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Braination Foundation?

Braination Foundation is a charitable organization, based in San Antonio, Texas, with a specific mission. Primarily, it aims to raise funds to support Braination, Inc., a 501(c)3 organization. These funds are allocated towards providing scholarships for post-high school education for both students and staff of Braination, Inc. This could include college or vocational school tuition. Additionally, grants are provided for improvements in school facilities, services, and curriculum within the organization. The Braination Foundation was established to serve the purposes of Braination, Inc., promoting educational growth and development.

Is Braination Foundation legitimate?

Braination Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Braination Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Braination Foundation?

The Braination Foundation, operating under the auspices of Braination, Inc., a publicly supported organization exempt under Section 501(C)3 of the Internal Revenue Code, has been established with the primary purpose of providing support. Specifically, it raises funds to be utilized for scholarships for post-high school education for both students and staff of Braination, Inc., as well as grants for improving school facilities, services, and curriculum. The foundation's aim is to contribute to the betterment of Braination, Inc. by fostering educational opportunities and facilitating improvements within its educational infrastructure.

Who is the CEO of Braination Foundation?

Selena Jones is the Board Member of Braination Foundation.

What is the revenue of Braination Foundation?

Braination Foundation's revenue in 2022 was $7,589.

Who are the executives of Braination Foundation and what are their salaries?

There 5 volunteers at Braination Foundation.


Here are 7 key members and their salaries:


Dr Kenneth Whitt (Board Member)
  • Compensation: $0
  • Related: $185,289
  • Other: $21,321
Stephanie West (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josephine Hurtado (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otis Scott Jr (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Alan Holden (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Mcculloch (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ymelda Y Y'Herrera (Cfo)
  • Compensation: $0
  • Related: $128,175
  • Other: $1,087
Where can I find the form 990 for Braination Foundation?

Braination Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Braination Foundation

The Braination Foundation, a publicly supported organization exempt under Section 501(C)3 of the Internal Revenue Code, has been established with a specific purpose. Its mission is to operate exclusively for the benefit of, perform the functions of, or carry out the purposes of Braination, Inc., another organization with the same status. The primary aim of the Braination Foundation is to raise funds that will be utilized in various capacities. These funds will be allocated to provide scholarships for post-high school education for both students and staff within Braination, Inc. This could include funding for college or vocational school education, thereby contributing to the academic growth and development of these individuals.

Moreover, the Braination Foundation intends to grant funds for the improvement of school facilities, services, and curriculums associated with Braination, Inc. This investment in education and infrastructure is expected to enhance the overall learning environment and educational opportunities for those connected with Braination, Inc. In essence, the Braination Foundation's mission is to support and empower Braination, Inc. through educational funding, ultimately benefiting its students and staff.

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Impact




October, 2024

Braination Foundation significantly impacts the educational landscape by raising funds aimed at benefiting students and staff associated with Braination, Inc. This support is primarily channeled through scholarships for post-high school education, facilitating access to college or vocational training. Additionally, the foundation contributes grants that enhance school facilities, services, and curriculum improvements. Located in San Antonio, Texas, Braination Foundation's mission is dedicated to fostering educational advancement and resource development, ensuring better educational opportunities for those it serves. Through its efforts, it plays a vital role in empowering the next generation and enhancing the overall quality of education in the community.




This information is meant to be a general summary of Braination Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,589 (2022)
Expenses
$14,386 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30
  • Program Service Revenue: $7,559
  • Gross Receipts: $7,589

Assets and Liabilities:

  • Total Assets: $272,977
  • Total Liabilities: $390
  • Net Assets: $272,587

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME-AFFIL.

Revenue

$7,559

Organization Details

Founding Year

2011

Principal Officer

Selena Jones

Main Address

10325 BANDERA ROAD, SAN ANTONIO, TX, 78250

NTEE Category

Code: B90 - Education

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