What were the total contributions to Brain Balance for the year ended December 31, 2023?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
50,628 | 38,181 | (200,265) | | Net (Loss) Income | $ (324,837) $ | 161,876 $ | 307,374 |
Statement of Changes in Member's Equity (Deficit)
Years Ended December 31, 2024, 2023, and 2022
| Balance - December 31, 2021 | $ (166,678) |
|---|---|
| Net income |
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, the total contributions to Brain Balance for the year ended December 31, 2023, amounted to $109,029. These contributions are detailed within the Statement of Changes in Member's Equity (Deficit).
This figure reflects the financial support provided to Brain Balance, which directly impacts the company's overall financial health and stability. For prospective franchisees, understanding the sources of funding and capital contributions can offer insights into the financial management and reliance on external funding of Brain Balance. This information is particularly relevant when assessing the long-term viability and growth potential of the franchise system.
Contributions can be a critical component of a company's financial strategy, especially during periods of expansion or when facing financial challenges. Franchisees should consider these contributions in the context of Brain Balance's broader financial performance, including net income/loss and cash flow from operations, to gain a comprehensive understanding of the company's financial standing. Reviewing these figures over several years, as presented in the Statement of Changes in Member's Equity, provides a more complete picture of the company's financial trends and stability.