Sceptor Pain Foundation Inc
- Assets
- $91.3k
- Revenue
- $31.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Winstonsalem, NC
- Founding
- 11/2006
- Data as of
- 12/2018
- EIN
- 02-0723571
Organization Overview
Sceptor Pain Foundation Inc is located in Winstonsalem, NC. The organization was established in 2006. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sceptor Pain Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Sceptor Pain Foundation Inc generated $31.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.1%) each year. All expenses for the organization totaled $11.5k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (61.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION FOSTERS RESEARCH, AWARENESS, AND TREATMENT APPLICATIONS THAT LEAD TO A DEEPER UNDERSTANDING OF THE MECHANISMS OF PAIN AND ITS ALLEVIATION. DURING 2018, THE ORGANIZATION PROVIDED SUPPORT FOR RESEARCH BEING CONDUCTED IN SPINAL CORD STIMULATION AS A NON-OPIOID ALTERNATIVE TO CHRONIC PAIN.
GRANTS TO FUND FELLOWSHIP PROGRAM IN PAIN MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael L Robinson Secretary & | OfficerTrustee | $0 | |
Richard L Rauck MD President | OfficerTrustee | $0 | |
James C Eisenach Director | Trustee | $0 | |
Donald E Flow Director | Trustee | $0 | |
Francis M James III MD Director | Trustee | $0 | |
Randy Carperter MD Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,250 |
| Total Program Service Revenue | $0 |
| Investment income | $656 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,906 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $300 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $11,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,225 |
| Savings and temporary cash investments | $21,592 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $251 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $23,189 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $91,257 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $91,257 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $91,257 |
Grants Awarded
Over the last fiscal year, Sceptor Pain Foundation Inc has awarded $96,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CAROLINA PAIN INSTITUTE PA PURPOSE: FELLOWSHIP POSITION | $65,000 |
CAROLINA PAIN INSTITUTE PA PURPOSE: FELLOWSHIP/PAIN MGMT | $31,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sceptor Pain Foundation Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Millennium Fund Winstonsalem, NC PURPOSE: GENERAL SUPPORT FOR ATHLETIC EVENT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asts Foundation Arlington, VA | $24,421,604 | $1,945,373 |
Dhit Global Chapel Hill, NC | $89,151 | $71,778 |
Radiation Oncology Institute Arlington, VA | $16,106,095 | $1,152,909 |
Pharmacuetical Education & Research Inc Fairfax, VA | $235,130 | $725,464 |
Joseph M Still Research Foundation Inc Augusta, GA | $285,106 | $464,408 |
Goldman Philanthropic Partnerships Knoxville, TN | $3,245,268 | $433,561 |
Nimml Institute Inc Blacksburg, VA | $5,268,074 | $5,308,304 |
International Conference On Cytochrome P456 Inc Nashville, TN | $6,607 | $0 |
Wplab Inc Durham, NC | $13,010 | $0 |
Scion Natural Science Assn Inc Roseland, VA | $0 | $29,886 |
Sceptor Pain Foundation Inc Winstonsalem, NC | $91,257 | $31,906 |
Sleep & Human Health Institute Savannah, GA | $17,525 | $0 |