NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION Charity Report

Public IRS 990 nonprofit record

NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AND DEPRESSION

EIN 31-1020010 · Mental Health & Crisis Intervention (F0570)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

49.04%of revenue went to mission work82.4% of expenses · Program services

3.57%of revenue went to fundraising6.0% of expenses

$59.53spent for every $100 of revenueRevenue covered expenses this year.

6.91%of revenue went to management and office costs11.6% of expenses

$3.79in assets for every $1 spent this yearSome assets cannot be spent right away.

69.0%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $648,461 for JEFFREY BORENSTEIN (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$27,686,049

Mission workProgram services$13,578,29549.04% of revenue82.4% of expenses

ManagementOffice and general costs$1,913,5126.91% of revenue11.6% of expenses

FundraisingAsking for donations$989,7183.57% of revenue6.0% of expenses

Revenue left after expensesReported annual surplus$11,204,52440.47% of revenueShown in gray on the chart

Total expenses$16,481,52559.53% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.4% mission · 11.6% management · 6.0% fundraisingTotal expenses: 59.53% of revenue

2023Expense mix: 81.9% mission · 11.9% management · 6.2% fundraisingTotal expenses: 66.78% of revenue

2022Expense mix: 82.0% mission · 11.9% management · 6.1% fundraisingTotal expenses: 61.45% of revenue

2021Expense mix: 83.3% mission · 11.1% management · 5.6% fundraisingTotal expenses: 78.53% of revenue

2020Expense mix: 89.7% mission · 6.8% management · 3.4% fundraisingTotal expenses: 112.27% of revenue

2019Expense mix: 87.0% mission · 8.6% management · 4.4% fundraisingTotal expenses: 77.56% of revenue

2018Expense mix: 86.2% mission · 9.1% management · 4.7% fundraisingTotal expenses: 97.77% of revenue

2017Expense mix: 88.2% mission · 7.7% management · 4.2% fundraisingTotal expenses: 128.35% of revenue

Money in and money out

Revenue$27,686,049

Expenses$16,481,525

Annual surplus $11,204,524 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,578,295 · 82.4% of expenses

Management and office costs$1,913,512 · 11.6% of expenses

Fundraising$989,718 · 6.0% of expenses

See all reported dollar amounts

Revenue$27,686,049

Expenses$16,481,525

Assets$62,418,636

Income$34,191,774

Contributions$19,100,871

Mission work (program services)$13,578,295

Fundraising$989,718

Grants given$82,844,135

Average grant$106,621

Management and general$1,913,512

Executive compensation (total)$972,543

Stocks and bonds$20,938,479

Accounting fees$76,802

Investing fees$103,221

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEFFREY BORENSTEINPRESIDENT & CEO · 35 hrs/week $648,461

LOUIS INNAMORATO CPACFO · 35 hrs/week $465,224Base $416,644 · Other $48,580

FAITH ROTHBLATTVP OF DEVELOPMENT · 35 hrs/week $333,713Base $314,855 · Other $18,858

SHO TIN CHENDIRECTOR OF RESEARCH GRANTS · 35 hrs/week $260,925Base $242,067 · Other $18,858

LAUREN DURANVP OF MARKETING & COMMUNICATIONS · 35 hrs/week $253,957

PETER TARREDITORIAL/WRITER DIRECTOR · 35 hrs/week $197,048Base $178,190 · Other $18,858

JOHN BAYATSENIOR ACCOUNTANT · 35 hrs/week $156,082Base $155,635 · Other $447

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

JEFFREY BORENSTEINPRESIDENT & CEO

LOUIS INNAMORATO CPACFO

FAITH ROTHBLATTVP OF DEVELOPMENT

SHO TIN CHENDIRECTOR OF RESEARCH GRANTS

LAUREN DURANVP OF MARKETING & COMMUNICATIONS

PETER TARREDITORIAL/WRITER DIRECTOR

JOHN BAYATSENIOR ACCOUNTANT

JOHN R OSTERHAUSVICE PRESIDENT (SECRETARY THRU 10/28/24)

VIRGINIA M SILVERDIRECTOR

ROBERT WEISMANDIRECTOR

MIRIAM KATOWITZTREASURER (VICE PRESIDENT THRU 10/28/24)

MILTON MALTZDIRECTOR

MARY E RUBINDIRECTOR

MARTIN H BORELLDIRECTOR

MARC R RAPPAPORTDIRECTOR

KENNETH H SONNENFELDDIRECTOR

JUDY GENSHAFTSECRETARY (AS OF 10/28/24)

BARBARA TOLLDIRECTOR

JOHN KEN HARRISONDIRECTOR

JOHN B HOLLISTERDIRECTOR

JEFFREY R PETERSONDIRECTOR

J ANTHONY BOECKHDIRECTOR

GEOFFREY SIMONCHAIRMAN

DONALD M BOARDMANDIRECTOR (TREASURER THRU 10/28/24)

CAROLE H MALLEMENTDIRECTOR

CAROL ATKINSONDIRECTOR

BARBARA K STREICKERDIRECTOR (THRU 10/28/24)

About this charity

Recognized since: January 1981
Location: 747 3RD AVE FL 33C, NEW YORK, NY 10017-2831
County: New York
In care of: % LOUIS INNAMORATO CPA
Primary officer: JEFFERY BORENSTEIN MD, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(646) 681-4888

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BDO USA
NTEE classification: Mental Health & Crisis Intervention (F0570)
IRS tax category: Research and Development in the Social Sciences and Humanities
Grant-giving organization: Yes