Neuroscience Research Foundation is located in Glenshaw, PA. The organization was established in 1991. According to its NTEE Classification (G96) the organization is classified as: Neurology & Neuroscience, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neuroscience Research Foundation 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 12/2021, Neuroscience Research Foundation generated $83.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $125.3k during the year ending 12/2021. While expenses have increased by 16.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES FUNDING FOR CLINICAL RESEARCH FOR THE ADVANCEMENT IN THE AREA OF NEUROSCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS UNDERTAKEN BY THE NEUROSCIENCE RESEARCH FOUNDATION ARE TO COORDINATE AND FACILITATE MEDICAL RESEARCH DEVOTED TO NEUROSCIENCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph C Maroon MD Chairman | Officer | 2 | $0 |
Laura Maroon Vice President | Officer | 1 | $0 |
Karen Hlavac Secretary | Officer | 1 | $0 |
John Tumolo Treasurer | Officer | 1 | $0 |
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 | $65,187 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $65,187 |
Total Program Service Revenue | $0 |
Investment income | $10,410 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $7,436 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $83,033 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,833 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,017 |
Fees for services: Other | $0 |
Advertising and promotion | $713 |
Office expenses | $0 |
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 | $25 |
Total functional expenses | $125,300 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,319 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $533,555 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $566,874 |
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 |
Net assets without donor restrictions | $566,874 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $566,874 |
Organization Name | Assets | Revenue |
---|---|---|
University Of Maryland Neurology Associates Pa Baltimore, MD | $14,155,292 | $8,898,428 |
American Neurological Association Mount Laurel, NJ | $12,538,234 | $3,245,038 |
Rehabilitation Center For Neurological Development Piqua, OH | $2,357,958 | $1,363,332 |
Neurolipid Research Foundation Inc Millville, NJ | $65,224 | $1,070,224 |
American Society Of Pain And Neuroscience Charleston, WV | $1,199,511 | $1,525,774 |
Chiari & Syringomyelia Foundation Staten Island, NY | $885,796 | $769,207 |
Neurology Department Foundation Pf P-Upmc Gladwyne, PA | $0 | $4,435 |
Kamen Brain Tumor Foundation New York, NY | $194,248 | $33,513 |
Neuroscience Research Foundation Glenshaw, PA | $566,874 | $83,033 |
International Neurotoxin Association New York, NY | $1,285,490 | $112,611 |
A Step Toward Hope Inc Moorestown, NJ | $39,809 | $1,006 |
International Symposium On Neural Regeneration Inc Columbus, OH | $105,537 | $0 |