Financial Reports

The following pie charts summarize expenses and donations for 2022. Links to our IRS Form 990, the IRS form for non-profit financial disclosures, can be found below. Please note that we will add our estimates for 2023 after our current year closes.

Expenses

Brain Support Network Program expenses (brain donations, web site, educational and support events) constitute the bulk of Brain Support Network’s (BSN’s) expenses at 91.1% of total in 2022.  Part-time staff (working from home) who help families with brain donation arrangements is our single largest program expense.

Program expenses are lower than you would expect because much of our work is accomplished by volunteers.  Hundreds of volunteer hours are given each month to BSN by dozens of part-time volunteers. Volunteers handle important tasks, such as coordinating Support Group discussions, sharing thought-provoking blog posts, assessing disorder-specific resources for our Top Resources sheets, and keeping up with research. All members of our Board of Directors are unpaid for their work in that capacity.

Expenses 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023^
Program Expenses 27% 82% 89% 89% 92% 72% 78% 82% 89% 81% 91%
Management Expenses 72% 13% 8% 8% 7% 24% 20% 17% 10% 17% 8%
Fundraising Expenses 2% 5% 3% 3% 1% 4% 2% 1% 1% 2% 1%

^Preliminary as Form 990 for this year not yet filed

Our events are planned and staffed by volunteers. Thanks to the generosity of our medical community collaborators, we rarely compensate (or pay the transportation costs of) persons to speak at our events.

BSN could not execute its mission without the commitment of our staff and volunteers. They allow much work to be done at very low cost. At the same time, BSN could not exist without the generosity of our donors without whom the infrastructure and scale of the organization could not be maintained.

Management expenses, at 7.9% of total expenses, consist of accounting fees, insurance premiums, payroll taxes, office supplies, postage, and a post office box. These expenses make possible the work of several part-time employees and dozens of volunteers.

Fundraising expenses amount to 1% of our expenses, where major items are credit card processing fees and printing memorial flyers to honor brain donors. These memorial flyers are used by families who have donated a loved one’s brain as a way to educate friends and family as to the journey they’ve been on and to raise awareness about brain donation. We are especially grateful to these families for helping raise funds to make possible brain donation arrangements for the next family. Brain Support Network does not use any outside (“Professional”) fundraising organizations.

 

Donors and Donations

In 2022, our average donation was $301 and our median donation was $80.

Individual Donors and Donations

Special Gifts and Bequests

Brain Support Network occasionally receives donations from individuals that are directed to research for a particular disorder as well as bequests to help further our three missions. These are one-time gifts to Brain Support Network.

Special Gifts and Bequests 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023^
Special Gifts and Bequests $6K $9K $13K $30K $21K $36K $13K $403K $122K $188K $175K
 Number of Special Gifts and Bequests 4 3 3 4 4 9 3 14 5 9 16

^Preliminary as Form 990 for this year not yet filed

 

Other Individual Donations

In 2022 Brain Support Network received 45.1% of its funding from individual donors excluding special gifts and bequests and institutional (government and corporate) donations. We saw a 2.3% increase in the number of individual donations in 2022.

Other Individual Donations 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023^
Other Individual Donations Total $6K $50K $85K $102K $109K $138K $144K $147K $229K $173K $177K
Number of Other Individual Donations 32 361 472 500 744 774 877 1,100 1,343 1,521 1,151
Average Other Individual Donation $187 $139 $139 $204 $147 $178 $164 $134 $171 $114 $154

^Preliminary as Form 990 for this year not yet filed

 

Corporate/Governmental Donors and Donations

In 2022 Brain Support Network received 8.8% of its funding from institutional donors. Institutional donors include companies, government entities, and major non-profit academic centers where Brain Support Network assisted with brain donation arrangements during the pandemic. None of the donors in this category were a government entity in 2022.

Institutional Donors and Donations 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2021 2023^
Institutional Donations Total $0 $2k $3k $6k $7k $18k $16k $14k $13k $76k $42k
Number of Institutional Donations 0 1 6 25 20 28 56 53 48 67 56
Average Institutional Donation $0 $2k $500 $240 $350 $643 $286 $264 $271 $1,136 $750

^Preliminary as Form 990 for this year not yet filed

 

From All Sources

Median and average donation sizes from all sources reflect the predominance of individual donations.

Donations from All Sources 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023^
Median Donations $80 $75 $100 $100 $50 $100 $75 $50 $50 $70 $80
Average Donations $1,714 $169 $212 $264 $179 $237 $185 $483 $261 $281 $301

^Preliminary as Form 990 for this year not yet filed

 

Highest Paid Directors and Employees

In addition to summaries of donations and expenses, the IRS requires disclosure of the highest paid members of the Board of Directors and the highest paid employees. Two members of the BSN’s Board of Directors are also employees, and are paid strictly for their work as employees: Robin Riddle is CEO and Steven Russell is Director of Finance. Robin Riddle is one of three full-time employees of Brain Support Network.

Annual Gross Salary of the Highest-Paid 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023^
Board of Directors $0 $0 $0 $0 $0* $0* $0* $0* $0* $0* $0* $0*
Employees None $2,503 $17,683 $19,532 $16,695 $16,665 $22,478 $44,231 $68,462 $83,462 $91,750

* Robin Riddle and Steven Russell receive no compensation for their Board duties but do receive compensation for their work as employees.

^Preliminary as Form 990 for this year not yet filed

 

IRS Form 990s

2023

Brain Support Network will submit its IRS Form 990 for calendar year 2023 in December 2024, and publish it at that time.

2022

Brain Support Network IRS Form 990 for calendar year 2022

2021

Brain Support Network IRS Form 990 for calendar year 2021

2020

Brain Support Network IRS Form 990 for calendar year 2020.

2019

Brain Support Network IRS Form 990 for calendar year 2019.

2018

Brain Support Network IRS Form 990 for calendar year 2018.

2017

Brain Support Network IRS Form 990 for calendar year 2017.

2016

Brain Support Network IRS Form 990 for calendar year 2016.

2015

Brain Support Network IRS Form 990 for calendar year 2015.

2014

Brain Support Network IRS Form 990 for calendar year 2014.

2013

Brain Support Network IRS Form 990 for calendar year 2013.

2012

In our first year of operations as a non-profit, we did not meet the thresholds required for a full tax return. Instead, we submitted the required “postcard”: Brain Support Network IRS Form 990N (postcard) for calendar year 2012.