Nonprofit · EIN 31-1020010
NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC
Also known as BRAIN & BEHAVIOR RESEARCH FOUNDATIO
Tax-exempt · NEW YORK, NY 10017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $27,686,049 | $16,481,525 | $11,204,524 | $62,418,636 | $16,992,149 | $45,426,487 |
| December 31, 2023 | 990 | $21,666,231 | $14,467,904 | $7,198,327 | $53,127,638 | $15,999,169 | $37,128,469 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $19,100,871
- Program service revenue
- $0
- Investment income
- $8,170,808
- Net gain from sales of assets
- $6,708,242
- Other revenue
- $414,370
Expenses
- Grants and similar amounts paid
- $11,577,332
- Compensation of officers, directors and key employees
- $1,113,685
- Other salaries and wages
- $1,717,345
- Salaries, compensation and benefits (total)
- $3,217,907
- Professional fundraising fees
- $0
- Legal fees
- $8,281
- Accounting fees
- $76,802
- Occupancy
- $338,313
- Travel
- $21,613
- Depreciation
- $4,477
- Program services (functional)
- $13,578,295
- Management and general (functional)
- $1,913,512
- Fundraising (functional)
- $989,718
Balance sheet and other
- Total assets, start of year
- $53,127,638
- Total assets, end of year
- $62,418,636
- Total liabilities, end of year
- $16,992,149
- Net assets, end of year
- $45,426,487
- Land, buildings and equipment
- $8,085
- Publicly traded securities
- $20,938,479
- Net assets without donor restrictions
- $34,231,414
- Net assets with donor restrictions
- $11,195,073
- Gross unrelated business income
- $1,755,541
- Gross receipts
- $34,191,774
- Employees
- 12
- Volunteers
- 214
- Year formed
- 1981
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY BORENSTEIN | PRESIDENT & CEO Officer | 35 | $648,461 | $0 |
| LOUIS INNAMORATO CPA | CFO Officer | 35 | $416,644 | $48,580 |
| FAITH ROTHBLATT | VP OF DEVELOPMENT Highest-paid employee | 35 | $314,855 | $18,858 |
| SHO TIN CHEN | DIRECTOR OF RESEARCH GRANTS Highest-paid employee | 35 | $242,067 | $18,858 |
| LAUREN DURAN | VP OF MARKETING & COMMUNICATIONS Highest-paid employee | 35 | $253,957 | $0 |
| PETER TARR | EDITORIAL/WRITER DIRECTOR Highest-paid employee | 35 | $178,190 | $18,858 |
| JOHN BAYAT | SENIOR ACCOUNTANT Highest-paid employee | 35 | $155,635 | $447 |
| DONALD M BOARDMAN | DIRECTOR (TREASURER THRU 10/28/24) Trustee or director, Officer | 1 | $0 | $0 |
| GEOFFREY SIMON | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JOHN R OSTERHAUS | VICE PRESIDENT (SECRETARY THRU 10/28/24) Trustee or director, Officer | 1 | $0 | $0 |
| JUDY GENSHAFT | SECRETARY (AS OF 10/28/24) Trustee or director, Officer | 0.5 | $0 | $0 |
| MIRIAM KATOWITZ | TREASURER (VICE PRESIDENT THRU 10/28/24) Trustee or director, Officer | 1 | $0 | $0 |
| BARBARA K STREICKER | DIRECTOR (THRU 10/28/24) Trustee or director | 0.5 | $0 | $0 |
| BARBARA TOLL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CAROL ATKINSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROLE H MALLEMENT | DIRECTOR Trustee or director | 0.5 | $0 |
| J ANTHONY BOECKH | DIRECTOR Trustee or director | 0.5 | $0 |
| JEFFREY R PETERSON | DIRECTOR Trustee or director | 0.5 | $0 |
| JOHN B HOLLISTER | DIRECTOR Trustee or director | 0.5 | $0 |
| JOHN KEN HARRISON | DIRECTOR Trustee or director | 0.5 | $0 |
| KENNETH H SONNENFELD | DIRECTOR Trustee or director | 0.5 | $0 |
| MARC R RAPPAPORT | DIRECTOR Trustee or director | 0.5 | $0 |
| MARTIN H BORELL | DIRECTOR Trustee or director | 0.5 | $0 |
| MARY E RUBIN | DIRECTOR Trustee or director | 0.5 | $0 |
| MILTON MALTZ | DIRECTOR Trustee or director | 0.5 | $0 |
| ROBERT WEISMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| VIRGINIA M SILVER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY BORENSTEIN | President & CEO Officer | 35 | $596,615 | $0 |
| LOUIS INNAMORATO CPA | CFO Officer | 35 | $389,241 | $45,888 |
| FAITH ROTHBLATT | VP of Development Highest-paid employee | 35 | $288,317 | $17,913 |
| LAUREN DURAN | VP of M&C Highest-paid employee | 35 | $240,435 | $0 |
| SHO TIN CHEN | Director of Research Grants Highest-paid employee | 35 | $219,609 | $17,913 |
| PETER TARR | Editorial/Writer Director Highest-paid employee | 35 | $171,585 | $17,916 |
| JOHN BAYAT | Senior Accountant Highest-paid employee | 35 | $139,459 | $208 |
| GEOFFREY SIMON | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| MIRIAM KATOWITZ | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| DONALD M BOARDMAN | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| JOHN R OSTERHAUS | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| CAROL ATKINSON | Director Trustee or director | 0.5 | $0 | $0 |
| J ANTHONY BOECKH | Director Trustee or director | 0.5 | $0 | $0 |
| MARTIN H BORELL | Director (as of 3/4/23) Trustee or director | 0.5 | $0 | $0 |
| JUDY GENSHAFT | Director Trustee or director | 0.5 | $0 | $0 |
| JOHN KEN HARRISON | Director Trustee or director | 0.5 | $0 | $0 |
| JOHN B HOLLISTER | Director Trustee or director | 0.5 | $0 | $0 |
| CAROLE H MALLEMENT | Director Trustee or director | 0.5 | $0 | $0 |
| MILTON MALTZ | Director Trustee or director | 0.5 | $0 | $0 |
| JEFFREY R PETERSON | Director Trustee or director | 0.5 | $0 | $0 |
| MARC R RAPPAPORT | Director Trustee or director | 0.5 | $0 | $0 |
| MARY E RUBIN | Director Trustee or director | 0.5 | $0 | $0 |
| VIRGINIA M SILVER | Director Trustee or director | 0.5 | $0 | $0 |
| KENNETH H SONNENFELD | Director Trustee or director | 0.5 | $0 | $0 |
| BARBARA K STREICKER | Director Trustee or director | 0.5 | $0 | $0 |
| BARBARA TOLL | Director Trustee or director | 0.5 | $0 | $0 |
| ROBERT WEISMAN | Director Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 747 3RD AVE FL 33C, NEW YORK, NY 10017-2831
- In care of
- % LOUIS INNAMORATO CPA
- Principal officer (990 for 2024)
- JEFFERY BORENSTEIN MD, 747 THIRD AVENUE FL 33, NEW YORK, NY 10017
- Signed the 990
- JEFFERY BORENSTEIN MD, PRESIDENT & CEO
- Phone
- (646) 681-4888
- Website
- WWW.BBRFOUNDATION.ORG
- Return prepared by
- BDO USA
Mission
NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION (NARSAD) D/B/A THE BRAIN & BEHAVIOR RESEARCH FOUNDATION IS COMMITTED TO ALLEVIATING THE SUFFERING OF MENTAL ILLNESS BY AWARDING GRANTS THAT WILL LEAD TO ADVANCES AND BREAKTHROUGHS IN SCIENTIFIC RESEARCH.
Program accomplishments
- GRANTS AND SCHOLARSHIPS TO FUND SCIENTIFIC RESEARCH INTO THE CAUSES, CURES, AND PREVENTION OF CHRONIC AND SEVERE MENTAL ILLNESSES SUCH AS DEPRESSION, SCHIZOPHRENIA, ANXIETY, AUTISM, BIPOLAR DISORDER, ADHD, PTSD AND OCD.Expenses $10,722,382 · grants $10,722,382
- EXPENSES TO PROVIDE RESEARCH GRANTS, SELECT PROSPECTIVE GRANTEES, SUBMIT PROPOSALS AND FURTHER PROMOTE SCIENTIFIC ADVANCEMENT AND RESEARCH INTO THE CAUSES, CURES, AND PREVENTION OF CHRONIC AND SEVERE MENTAL ILLNESSES. IN ADDITION TO THE EXPENSES REPORTED, THE REPORTING ORGANIZATION'S SCIENTIFIC COUNCIL CONTRIBUTED SERVICES OF $1,590,810. (DONATED SERVICES ARE NOT REPORTED AS EITHER REVENUE OR EXPENSE AS PER IRS FORM 990 INSTRUCTIONS.) THE SCIENTIFIC COUNCIL CONSISTS OF A GROUP OF SCIENTISTS WHO ARE LEADERS IN NEUROSCIENCE AND PSYCHIATRY. THESE VOLUNTEERS PRIMARILY REVIEW RESEARCH GRANTS AND PROJECTS ON BEHALF OF THE ORGANIZATION. ALSO, IN 2024 THE REPORTING ORGANIZATION UTILIZED A GRANT WHICH PROVIDED ONLINE ADVERTISING, AT NO COST, HAVING A VALUE OF $464,145.Expenses $2,855,913 · grants $854,950
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1020010
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1981
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $62,418,636
- Income (IRS master file)
- $34,191,774
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $27,686,049 | $16,481,525 | $62,418,636 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $21,666,231 | $14,467,904 | $53,127,638 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $22,664,940 | $13,927,948 | $43,811,681 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1020010).
Questions about NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC
- What is the EIN of NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC?
- The employer identification number (EIN) of NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC is 31-1020010.
- Is NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC?
- The 990 for the year ended December 31, 2024 names JEFFERY BORENSTEIN MD.
- Who are the officers and directors of NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC?
- The 990 for the year ended December 31, 2024 lists 27 people; 7 received compensation from the organization, the highest $648,461 (JEFFREY BORENSTEIN, PRESIDENT & CEO).
- How much revenue does NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $27,686,049, expenses of $16,481,525 and total assets of $62,418,636 at year end.
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