The following pie charts summarize expenses and donations for 2016. Links to our IRS Form 990s, the IRS form for non-profit financial disclosures, can be found below.
Brain Support Network Program expenses (brain donations, web site, events) constitute the bulk of Brain Support Network’s (BSN’s) expenses at 92% of total in 2016. 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 as we have one full-time volunteer and dozens of part-time volunteers. Volunteers handle important tasks, such as 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 volunteers.
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. In addition, Support Group discussion coordinators are unpaid volunteers.
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% of total, consist of accounting fees, insurance premiums, 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 for research 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 2016, our average donation was $175 and our median donation was $100. We saw a 45% increase in the number of individual donations.
Individual Donors and Donations
|Individual Donors and Donations||2012||2013||2014||2015||2016|
|Individual Donations Total||$61,705||$59,724||$99,378||$132,738||$130,994|
|Number of Individual Donations||36||364||478||523||748|
|Average Individual Donation||$1,714||$164||$208||$254||$175|
|Median Individual Donation||$80||$75||$100||$100||$100|
Corporate/Governmental Donors and Donations
In 2016 Brain Support Network received only 5% of its funding from institutional donors.
|Institutional Donors and Donations||2012||2013||2014||2015||2016|
|Institutional Donations Total||$0||$2,000||$2,800||$6,250||$6,562|
|Number of Institutional Donations||0||1||5||6||20|
|Average Institutional Donation||none||$2,000||$560||$1,042||$328|
|Median Institutional Donation||none||$2,000||$100||$250||$100|
These donors are primarily businesses, though we did receive our first “Government” donation in 2015. The Sonoma County Board of Supervisors in California graciously supported our conference on Dementia that took place in Santa Rosa on November 14, 2015.
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. No member of the BSN’s Board of Directors is paid by BSN except for one member, Steven Russell, who is paid in his capacity as our Director of Finance. All employees of BSN are part-time.
|Annual Gross Salary of the Highest-Paid||2012||2013||2014||2015||2016|
|Members of the Board of Directors||$0||$0||$0||$0||$0*|
* Steven Russell receives no compensation for his Board duties but does receive compensation for his work as a finance director.
IRS Form 990s
Each year BSN reports financials to the IRS to maintain our 501(c)(3) non-profit status. Links to our IRS Form 990s, the IRS for non-profit financial disclosures, follow. Because we are small, our accounting firm puts us (naturally) at the back of the queue. For this reason, our 990s are generally submitted to the IRS in the last month (December) of the following year.
Brain Support Network will submit its IRS Form 990 for calendar year 2017 in December 2018, and publish it at that time.
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.