Totals
- Total revenue
- $910,469
- Total expenses
- $1,111,220
- Contributions and grants received
- $905,629
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,840
- Other revenue
- $0
- Total assets, end of year
- $1,142,913
- Total liabilities, end of year
- $374,371
- Net assets or fund balances, end of year
- $768,542
- Program services expenses (Part IX)
- $922,225
- Management and general expenses
- $126,865
- Fundraising expenses
- $62,130
- Program service expenses (Part III)
- $922,225
Program services were 83.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$905,629
-
3 · Investment income
total $4,840 · excluded $4,840
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $601,735 · program services $468,647 · management and general $102,953 · fundraising $30,135
-
11b · Fees: legal
total $11,788 · program services $11,788
-
11c · Fees: accounting
total $16,143 · management and general $16,143
-
11f · Fees: investment management
total $150 · management and general $150
-
11g · Fees: other
total $458,652 · program services $425,857 · management and general $800 · fundraising $31,995
-
13 · Office expenses
total $11,458 · program services $11,428 · management and general $30
-
14 · Information technology
total $4,505 · program services $4,505
-
23 · Insurance
total $5,101 · management and general $5,101
-
24a · Other expenses: SUBSCRIPTIONS
total $1,688 · management and general $1,688
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,043,542 · end of year $73,432
-
2 · Savings and temporary cash investments
beginning of year $305,527 · end of year $920,507
-
3 · Pledges and grants receivable
beginning of year $125,000 · end of year $125,000
-
9 · Prepaid expenses and deferred charges
beginning of year $404 · end of year $2,943
-
15 · Other assets
beginning of year $88,048 · end of year $21,031
-
17 · Accounts payable and accrued expenses
beginning of year $101,998 · end of year $68,761
-
25 · Other liabilities
beginning of year $491,230 · end of year $305,610
-
27 · Net assets without donor restrictions
beginning of year $194,293 · end of year $225,943
-
28 · Net assets with donor restrictions
beginning of year $775,000 · end of year $542,599
Mission and programs · 2022
Mission
BRAINFUTURES PROVIDES RIGOROUS AND UNBIASED INFORMATION ABOUT ADVANCES IN BRAIN HEALTH RESULTING FROM BREAKTHROUGHS IN UNDERSTANDING NEUROPLASTICITY OF THE BRAIN. THE ORGANIZATION IS DEDICATED TO IMPROVING HUMAN OUTCOMES BY ASSESSING AND ADVANCING PRACTICAL APPLICATIONS OF NEW SCIENTIFIC UNDERSTANDING OF THE BRAIN THROUGH RIGOROUS ISSUE BRIEFS, AND WORKS TO LAY A FOUNDATION FOR THE REGULATORY AND REIMBURSEMENT WORK NECESSARY TO ENSURE EQUITABLE ACCESS TO ADVANCES IN TREATMENT.
Activities or mission (Part I)
SEE PART III, LINE 1.
-
PHASE 2 PSYCHEDELIC PROJECT DEVELOPED PROFESSIONAL PRACTICE GUIDELINES AND A CODING GUIDE FOR A NEW THERAPEUTIC APPROACH TO TREAT VARIOUS BRAIN-BASED CONDITIONS INCLUDING DEPRESSION AND POST-TRAUMATIC STRESS DISORDER. EDUCATED THE PUBLIC THROUGH RELEASE OF PRINT MATERIALS, DIGITAL NEWSLETTERS AND SOCIAL MEDIA, CONFERENCE PRESENTATIONS TO PROFESSIONAL AUDIENCES AND AUTHORING ARTICLES FOR SELECT NATIONAL PUBLICATIONS.
Expenses $743,875
-
EQUITY IN PSYCHEDELICSINTERVIEWED A WIDE RANGE OF STAKEHOLDERS FROM BACKGROUNDS SUCH AS COMMUNITY MENTAL HEALTH, ACADEMIA, AND PHILANTHROPY TO UNDERSTAND POTENTIAL BARRIERS TO EQUITABLE ACCESS TO PSYCHEDELIC-ASSISTED THERAPY FOR COMMUNITIES THAT ARE OFTEN UNDERSERVED BY THE HEALTHCARE SYSTEM, SUCH AS BIPOC, LGBTQ+, AND RURAL COMMUNITIES. LAID FOUNDATIONS OF A LARGER INITIATIVE TO SPARK COLLABORATION AND AMPLIFY EQUITY AND ACCESS EFFORTS IN THE PSYCHEDELIC-ASSISTED THERAPY FIELD.
Expenses $178,350
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
George KimesGEORGE KIMES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Timothy SantoniTIMOTHY SANTONI
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Henry HarbinHENRY HARBIN
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Randall LutzRANDALL LUTZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Jeff RichardsonJEFF RICHARDSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Susan MagsamenSUSAN MAGSAMEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Linda RainesLINDA RAINES
CHIEF EXECUTIVE DIRECTOR
- Total calculated
- $268,054
- From this org
- $0
- From related orgs
- $240,558
- Other
- $27,496
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $240,558 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $18,029 related
- Nontaxable benefits
- $0 + $9,467 related
- Filer's total
- $0 + $268,054 related
-
Teresa FieldsTERESA FIELDS
CHIEF ADMINISTRATIVE OFFICER
- Total calculated
- $171,074
- From this org
- $0
- From related orgs
- $153,819
- Other
- $17,255
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $153,819 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $7,979 related
- Nontaxable benefits
- $0 + $9,276 related
- Filer's total
- $0 + $171,074 related
-
David EsselmanDAVID ESSELMAN
EXECUTIVE DIRECTOR
- Total calculated
- $206,513
- From this org
- $0
- From related orgs
- $197,046
- Other
- $9,467
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $197,046 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $9,467 related
- Filer's total
- $0 + $206,513 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- BRAINFUTURES, INC. DOES NOT HAVE ANY EMPLOYEES. THE EXECUTIVE DIRECTOR OF BRAINFUTURES INC. IS PAID BY A RELATED ORGANIZATION, THE MENTAL HEALTH ASSOCIATION OF MARYLAND. THIS ORGANIZATION USES A COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD, TO ESTABLISH THE SALARY OF THE EXECUTIVE DIRECTOR.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MENTAL HEALTH ASSOCIATION OF MARYLAND INC
501(C)(3) · ADDRESSES THE MENTAL HEALTH NEEDS OF MARYLANDERS · MD
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411299349303286
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.