International Neurosurgery Education And Research Foundation
- Assets
- $207.0k
- Revenue
- $85.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 26-1811872
Organization Overview
International Neurosurgery Education And Research Foundation is located in Raleigh, NC. The organization was established in 2010. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases 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. International Neurosurgery Education And 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 12/2023, International Neurosurgery Education And Research Foundation generated $85.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $214.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ADVANCED NEUROSURGICAL EDUCATION, ACADEMIC RESEARCH AND INSTRUMENTATION DEVELOPMENT THROUGH HANDS-ON EDUCATION, NEUROSURGICAL MEETINGS AND INSTRUMENTATION DONATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL NEUROSURGERY EDUCATION & RESEARCH FOUNDATION (INERF) ORGANIZES AND SUPPORTS HANDS-ON COURSES AND LECTURES. THESE HANDS-ON COURSES ARE DESIGNED FOR NEUROSURGEONS INTERESTED IN LEARNING MICROANATOMY, SKULL BASE SURGICAL APPROACHES AND ADVANCED MICRO-DISSECTION TECHNIQUES. THE INTENSIVE, HANDS-ON MICRODISSECTION COURSE WITH LECTURES, VIDEO TAPES AND COLOR ILLUSTRATED TEXT WILL PROVIDE EACH PARTICIPANT WITH THE VERY VALUABLE OPPORTUNITY TO PRACTICE THE VARIOUS SURGICAL SKULL BASE APPROACHES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luciano Mastronardi MD President | OfficerTrustee | 5 | $0 |
Lori Radcliffe Fnp Vice President/secretary | OfficerTrustee | 25 | $0 |
Yoichi Nonaka MD Director | Trustee | 5 | $0 |
Kentaro Watanabe MD Director | Trustee | 5 | $0 |
Ali Zomorodi MD Director | Trustee | 5 | $0 |
Udom Bawornvaraporn MD Director | Trustee | 5 | $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 | $55,015 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,015 |
| Total Program Service Revenue | $22,972 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $7,680 |
| 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 | $85,667 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $1,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $891 |
| Advertising and promotion | $0 |
| Office expenses | $2,146 |
| Information technology | $390 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,247 |
| 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 | $371 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $214,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,983 |
| 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 | $37,495 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $556 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $207,034 |
| Accounts payable and accrued expenses | $27,635 |
| 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 | $27,635 |
| Net assets without donor restrictions | $179,399 |
| 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 | $207,034 |