Neurovascular Research Foundation
EIN: 542007504 · New Orleans, LA · NTEE: H50
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $193K |
| Net Assets | $118K |
Is Neurovascular Research Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Neurovascular Research Foundation
Neurovascular Research Foundation (EIN: 542007504) is a nonprofit organization based in New Orleans, LA, classified under NTEE code H50. The organization reported total revenue of $5K and total assets of $96K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neurovascular Research Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neurovascular Research Foundation is a micro nonprofit that has been operating for 25 years, with 3 years of IRS 990 filings on record (2013–2015). Revenue has grown at a compound annual rate of 37.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $193K |
| Surplus / Deficit | $-159,394 |
| Total Assets | $319K |
| Total Liabilities | $200K |
| Net Assets | $118K |
| Operating Margin | -470.5% |
| Debt-to-Asset Ratio | 62.9% |
| Months of Reserves | 19.8 months |
Financial Health Grade: C
In 2015, Neurovascular Research Foundation reported a deficit of $159K with expenses exceeding revenue, holds 19.8 months of operating reserves (strong position), has a debt-to-asset ratio of 62.9% (high leverage).
Financial Trends
Over 3 years of filings (2013–2015), Neurovascular Research Foundation's revenue has grown at a compound annual growth rate (CAGR) of 37.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +83.0% | -24.1% | -32.5% |
| 2014 | +2.7% | +1658.3% | -23.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Neurovascular Research Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Neurovascular Research Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $159K, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.9%.
Frequently Asked Questions about Neurovascular Research Foundation
Is Neurovascular Research Foundation a legitimate charity?
Neurovascular Research Foundation (EIN: 542007504) is a registered tax-exempt nonprofit based in Louisiana. It has 3 years of IRS 990 filings on record. Total revenue: $5K. No red flags identified. Financial health grade: C.
How does Neurovascular Research Foundation spend its money?
Neurovascular Research Foundation reported $5K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Neurovascular Research Foundation tax-deductible?
Neurovascular Research Foundation is registered as a tax-exempt nonprofit (EIN: 542007504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Neurovascular Research Foundation located?
Neurovascular Research Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 542007504. It is classified under NTEE code H50.
How many years of IRS 990 filings does Neurovascular Research Foundation have?
Neurovascular Research Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $5K in total revenue.
Filing History
IRS 990 filing history for Neurovascular Research Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2015), Neurovascular Research Foundation's revenue has grown by 87.9%, moving from $18K to $34K. Total assets decreased by 48.4% over the same period, from $618K to $319K. Total functional expenses rose by 1235.3%, from $14K to $193K. In its most recent filing year (2015), Neurovascular Research Foundation reported a deficit of $159K, with expenses exceeding revenue. The organization holds $200K in liabilities against $319K in assets (debt-to-asset ratio: 62.9%), resulting in net assets of $118K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $34K | $193K | $319K | $200K | — | View 990 |
| 2014 | $19K | $254K | $472K | $194K | — | View 990 |
| 2013 | $18K | $14K | $618K | $98K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $34K, expenses of $193K, and assets of $319K (revenue +83.0% year-over-year).
- 2014: Revenue of $19K, expenses of $254K, and assets of $472K (revenue +2.7% year-over-year).
- 2013: Revenue of $18K, expenses of $14K, and assets of $618K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neurovascular Research Foundation:
Data Sources and Methodology
This transparency report for Neurovascular Research Foundation 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.