Ratings & Metrics
Financial Documents
| Entity | Document Type | Tax ID |
|---|---|---|
| Brain & Behavior Research Foundation | IRS Form 990 | 31-1020010 |
| Brain & Behavior Research Foundation & NARSAD Research Institute | Audited Consolidated Financial Statements | Multiple |
| NARSAD Research Institute | IRS Form 990 | 11-3401438 |
|
Entity: Brain & Behavior Research Foundation Document Type: IRS Form 990 Tax ID: 31-1020010 |
|
Entity: Brain & Behavior Research Foundation & NARSAD Research Institute Document Type: Audited Consolidated Financial Statements Tax ID: Multiple |
|
Entity: NARSAD Research Institute Document Type: IRS Form 990 Tax ID: 11-3401438 |
Governance & Transparency
Top Salaries
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Jeffrey Borenstein, M.D. | President/CEO | $521,154 |
| 2 | Louis Innamorato | CFO | $350,569 |
| 3 | Daniel Elwell | Senior Philanthropy Advisor | $238,296 |
|
1 Name: Jeffrey Borenstein, M.D. Title: President/CEO Compensation: $521,154 |
|
2 Name: Louis Innamorato Title: CFO Compensation: $350,569 |
|
3 Name: Daniel Elwell Title: Senior Philanthropy Advisor Compensation: $238,296 |
Analysts' Notes
CharityWatch's rating of the Brain & Behavior Research Foundation also includes the financial activities of NARSAD Research Institute (tax ID #11-3401438), which are consolidated in the organization's audited financial statements for the fiscal year ended December 31, 2018. All intercompany accounts and transactions have been eliminated in the audit consolidation. Brain & Behavior Research Foundation is the doing business as (d/b/a) name of the National Alliance for Research on Schizophrenia and Depression (NARSAD) (tax ID #31-1020010). |
According to the Brain & Behavior Research Foundation consolidated audit of December 31, 2018 (Note 15, Contribution of Services), the Foundation received in-kind contributed services in 2018 on which it placed a total value of $1,908,417, including $1,476,598 in services contributed by the Foundation's Scientific Council. [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the Brain & Behavior Research Foundation consolidated audit of December 31, 2018 (Note 17, Subsequent Events): "On March 2, 2019, through a Board resolution, the entire amount included within the Board-designated fund of $4,509,262 was released from Board-designated restrictions. Therefore, on March 2, 2019 the funds became available to meet general expenditures of the Foundation." |
According to the Brain & Behavior Research Foundation (BBRF) 2018 tax filing, BBRF reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III): Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 7): "Merit bonuses are paid to certain staff members based on annual performance..."
(1) Jeffrey Borenstein, M.D., President & CEO: $95,000, with reported total compensation of $521,154; and (2) Louis Innamorato, CPA, CFO: $65,000, with reported total compensation of $350,569. |