Ch Neurology Foundation Inc
Ch Neurology Foundation: Strong Financials, High Program Spending
EIN: 222678594 · Boston, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $66.5M |
| Total Expenses | $51.3M |
| Program Spending | 85% |
| Net Assets | $22.4M |
| Transparency Score | 85/100 |
Is Ch Neurology Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ch Neurology Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ch Neurology Foundation Inc
Ch Neurology Foundation Inc (EIN: 222678594) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $66.5M and total assets of $35.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ch Neurology Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ch Neurology Foundation Inc is a major nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $49.7M |
| Total Expenses | $51.3M |
| Surplus / Deficit | $-1,577,808 |
| Total Assets | $32.2M |
| Total Liabilities | $9.9M |
| Net Assets | $22.4M |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 30.6% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Ch Neurology Foundation Inc reported a deficit of $1.6M with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 30.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ch Neurology Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.1% | +14.4% | +8.0% |
| 2022 | +3.7% | +9.4% | -22.0% |
| 2021 | +4.2% | +1.5% | +9.9% |
| 2020 | -5.9% | -3.7% | +1.1% |
| 2019 | +1.0% | +0.2% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ch Neurology Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ch Neurology Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.6%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the given data, preventing a specific assessment of individual salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Ch Neurology Foundation Inc:
- Consistently high program spending, with 85% of expenses dedicated to programs in the most recent filing.
- Significant revenue growth from $37.4M in 2016 to $66.4M in 2023, indicating strong fundraising and donor support.
- Healthy asset base of $35.5M in 2023, providing financial stability.
- Low fundraising expenses, suggesting efficient resource allocation.
Frequently Asked Questions about Ch Neurology Foundation Inc
Is Ch Neurology Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ch Neurology Foundation Inc (EIN: 222678594) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Ch Neurology Foundation Inc spend its money?
Ch Neurology Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ch Neurology Foundation Inc tax-deductible?
Ch Neurology Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222678594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ch Neurology Foundation Inc's spending goes to programs?
Ch Neurology Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ch Neurology Foundation Inc located?
Ch Neurology Foundation Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 222678594.
How many years of IRS 990 filings does Ch Neurology Foundation Inc have?
Ch Neurology Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $66.5M in total revenue.
What does Ch Neurology Foundation Inc do?
Ch Neurology Foundation Inc is a nonprofit organization in the Unknown sector, located in Boston, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Ch Neurology Foundation Inc have?
Ch Neurology Foundation Inc reported total revenue of $66,463,615. Based on 13 IRS 990 filings on record.
What are Ch Neurology Foundation Inc's total assets?
Ch Neurology Foundation Inc holds total assets of $35,569,787 as reported in IRS 990 filings.
Where is Ch Neurology Foundation Inc located?
Ch Neurology Foundation Inc is based in Boston, Massachusetts.
What is Ch Neurology Foundation Inc's EIN?
Ch Neurology Foundation Inc's Employer Identification Number (EIN) is 222678594. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ch Neurology Foundation Inc?
Ch Neurology Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Ch Neurology Foundation Inc a registered 501(c)(3)?
Ch Neurology Foundation Inc appears in IRS records (EIN: 222678594). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ch Neurology Foundation Inc file IRS Form 990?
Yes, Ch Neurology Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Ch Neurology Foundation Inc's revenue in 2023?
In the 202309 filing period, Ch Neurology Foundation Inc reported total revenue of $49,738,674, total expenses of $51,316,482, and net assets of $32,219,023.
Is Ch Neurology Foundation Inc's revenue growing or declining?
Ch Neurology Foundation Inc's revenue is growing. Revenue went from $42,831,780 (202209) to $49,738,674 (202309), a +16.1% change. Based on 13 filings on record.
What is Ch Neurology Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Ch Neurology Foundation Inc covers tax period 202309. It shows revenue of $49,738,674, expenses of $51,316,482, total assets of $32,219,023, and liabilities of $9,867,937.
How much does Ch Neurology Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Ch Neurology Foundation Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Ch Neurology Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Ch Neurology Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Ch Neurology Foundation Inc's strengths?
Positive indicators for Ch Neurology Foundation Inc include: Consistently high program spending, with 85% of expenses dedicated to programs in the most recent filing.. Significant revenue growth from $37.4M in 2016 to $66.4M in 2023, indicating strong fundraising and donor support.. Healthy asset base of $35.5M in 2023, providing financial stability.. Low fundraising expenses, suggesting efficient resource allocation.. These findings are derived from AI analysis of the organization's financial filings.
How does Ch Neurology Foundation Inc compensate executives?
Executive compensation details are not explicitly provided in the given data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to significantly increase its revenue from $37.4M in 2016 to $66.4M in 2023 while maintaining a high percentage of program spending?
The consistent growth in revenue, alongside a high program spending ratio, suggests effective fundraising strategies and strong donor engagement that directly translates into mission-related activities rather than disproportionate administrative or fundraising overhead.
Given the substantial increase in revenue and assets, what specific initiatives or programs have benefited most from this financial growth?
While the data indicates overall high program spending, a deeper dive into the Form 990's program service accomplishments would be necessary to identify the specific initiatives or areas of neurological research and support that have seen the most significant investment and impact from the increased funding.
Filing History
IRS 990 filing history for Ch Neurology Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ch Neurology Foundation Inc's revenue has grown by 76%, moving from $28.3M to $49.7M. Total assets increased by 13.2% over the same period, from $28.5M to $32.2M. Total functional expenses rose by 58.7%, from $32.3M to $51.3M. In its most recent filing year (2023), Ch Neurology Foundation Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $9.9M in liabilities against $32.2M in assets (debt-to-asset ratio: 30.6%), resulting in net assets of $22.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $49.7M | $51.3M | $32.2M | $9.9M | — | — |
| 2022 | $42.8M | $44.9M | $29.8M | $8.0M | — | — |
| 2021 | $41.3M | $41.0M | $38.3M | $11.4M | — | View 990 |
| 2020 | $39.6M | $40.4M | $34.8M | $10.8M | — | View 990 |
| 2019 | $42.1M | $42.0M | $34.4M | $11.2M | — | View 990 |
| 2018 | $41.7M | $41.9M | $34.7M | $11.7M | — | View 990 |
| 2017 | $39.7M | $46.0M | $35.9M | $13.0M | — | View 990 |
| 2016 | $37.5M | $39.4M | $35.7M | $7.9M | — | View 990 |
| 2015 | $36.3M | $34.3M | $32.7M | $4.5M | — | View 990 |
| 2014 | $33.1M | $33.5M | $32.3M | $5.1M | — | View 990 |
| 2013 | $30.6M | $30.1M | $32.7M | $5.7M | — | View 990 |
| 2012 | $28.6M | $28.6M | $30.1M | $3.5M | — | View 990 |
| 2011 | $28.3M | $32.3M | $28.5M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $49.7M, expenses of $51.3M, and assets of $32.2M (revenue +16.1% year-over-year).
- 2022: Revenue of $42.8M, expenses of $44.9M, and assets of $29.8M (revenue +3.7% year-over-year).
- 2021: Revenue of $41.3M, expenses of $41.0M, and assets of $38.3M (revenue +4.2% year-over-year).
- 2020: Revenue of $39.6M, expenses of $40.4M, and assets of $34.8M (revenue -5.9% year-over-year).
- 2019: Revenue of $42.1M, expenses of $42.0M, and assets of $34.4M (revenue +1.0% year-over-year).
- 2018: Revenue of $41.7M, expenses of $41.9M, and assets of $34.7M (revenue +5.0% year-over-year).
- 2017: Revenue of $39.7M, expenses of $46.0M, and assets of $35.9M (revenue +6.0% year-over-year).
- 2016: Revenue of $37.5M, expenses of $39.4M, and assets of $35.7M (revenue +3.4% year-over-year).
- 2015: Revenue of $36.3M, expenses of $34.3M, and assets of $32.7M (revenue +9.6% year-over-year).
- 2014: Revenue of $33.1M, expenses of $33.5M, and assets of $32.3M (revenue +8.2% year-over-year).
- 2013: Revenue of $30.6M, expenses of $30.1M, and assets of $32.7M (revenue +6.9% year-over-year).
- 2012: Revenue of $28.6M, expenses of $28.6M, and assets of $30.1M (revenue +1.2% year-over-year).
- 2011: Revenue of $28.3M, expenses of $32.3M, and assets of $28.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ch Neurology Foundation Inc:
Data Sources and Methodology
This transparency report for Ch Neurology Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.