B BRAVE FOUNDATION
Mission Statement
B Brave Foundation is committed to improving the lives of children with rare incurable neurological disorders. We accomplish our mission through our direct efforts with key stakeholders: • We advocate for affected children, and the best possible quality of life. • We support families to ease financial stress, cope with incredible emotional challenges and enhance the quality and quantity of time they have with their children. • We work closely with healthcare providers, striving to find tools and tactics that reduce unnecessary suffering and allow them to face the unusual challenge of incurable pediatric illness with grace and honest
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
0.0% | 78.1% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.3 mo | 23.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 99.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
70.7% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
87.2% | 1.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.5% | 11.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $82K | $86K | $38K | 0.0% | — |
| 2022 | $48K | $46K | $43K | 0.0% | — |
| 2021 | $86K | $62K | N/A | — | 1 |
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