University Neurology Inc

University Neurology Inc shows consistent growth and zero reported officer compensation over a decade.

EIN: 161359213 · Buffalo, NY · NTEE: E31Z · Updated: 2026-03-28

$31.9MRevenue
$8.1MAssets
92/100Mission Score (Excellent)
E31Z
University Neurology Inc Financial Summary
MetricValue
Total Revenue$31.9M
Total Expenses$29.3M
Program Spending90%
CEO/Top Officer Pay$31
Net Assets$-575,145
Transparency Score92/100

Is University Neurology Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

University Neurology Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About University Neurology Inc

University Neurology Inc (EIN: 161359213) is a nonprofit organization based in Buffalo, NY, classified under NTEE code E31Z. The organization reported total revenue of $31.9M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Neurology Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

37Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

University Neurology Inc is a large nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$28.0M
Total Expenses$29.3M
Surplus / Deficit$-1,277,001
Total Assets$7.3M
Total Liabilities$7.8M
Net Assets$-575,145
Operating Margin-4.6%
Debt-to-Asset Ratio107.9%
Months of Reserves3.0 months

Financial Health Grade: C

In 2023, University Neurology Inc reported a deficit of $1.3M with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 107.9% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), University Neurology Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+13.0%+16.0%+10.8%
2022+14.2%+13.2%+19.6%
2021+8.7%+18.0%+4.1%
2020+1.7%-2.1%+17.9%
2019+6.8%+3.5%+12.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1989

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

University Neurology Inc demonstrates consistent growth in revenue and assets over the past decade, with latest revenue at $31,865,039 and assets at $8,070,012. The organization generally operates with expenses closely aligned to or slightly exceeding revenue in recent years, as seen in 2023 where expenses of $29,306,927 surpassed revenue of $28,029,926. This indicates a tight operational margin, but also suggests that funds are being actively deployed rather than accumulated excessively. The organization's financial health appears stable, supported by a steady increase in assets from $2,559,562 in 2014 to over $8 million currently. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive enrichment. This practice is highly commendable and suggests a strong ethical framework regarding compensation. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation and the consistent growth in operational scale suggest a focus on mission delivery. The organization's financial trajectory indicates a well-managed entity that has successfully expanded its operations over time, maintaining a healthy asset base relative to its liabilities, despite occasional periods where expenses slightly outpace revenue.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates University Neurology Inc with a Mission Score of 92 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, University Neurology Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:

$28.0MTotal Revenue
$29.3MTotal Expenses
$7.3MTotal Assets
$7.8MTotal Liabilities
$-575,145Net Assets
  • The organization reported a deficit of $1.3M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 107.9%.

Executive Compensation Analysis

University Neurology Inc consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating a strong commitment to directing all funds towards its mission rather than executive salaries, which is highly unusual and commendable for an organization of its size with over $31 million in latest revenue.

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.

Red Flags

The following concerns were identified during AI analysis of University Neurology Inc's IRS 990 filings:

  • Expenses slightly exceeded revenue in recent years (e.g., 2023 expenses $29,306,927 vs. revenue $28,029,926), indicating tight operating margins.

Strengths

The following positive indicators were identified for University Neurology Inc:

  • Consistent revenue growth over a decade, from $13.7M in 2014 to $31.8M currently.
  • Zero reported officer compensation across all 13 IRS 990 filings, demonstrating exceptional transparency and mission focus.
  • Steady increase in assets, from $2.5M in 2014 to $8M currently, indicating financial stability.
  • Strong program focus implied by the absence of executive compensation and consistent operational expansion.

Frequently Asked Questions about University Neurology Inc

Is University Neurology Inc a legitimate charity?

University Neurology Inc (EIN: 161359213) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $31.9M. 1 red flag identified. 4 strengths noted. Financial health grade: D.

How does University Neurology Inc spend its money?

University Neurology Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to University Neurology Inc tax-deductible?

University Neurology Inc is registered as a tax-exempt nonprofit (EIN: 161359213). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the University Neurology Inc CEO make?

University Neurology Inc's highest-compensated officer earns $31 annually. The organization reported $31.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of University Neurology Inc's spending goes to programs?

University Neurology Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does University Neurology Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), University Neurology Inc is above average for NTEE category E31Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is University Neurology Inc located?

University Neurology Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161359213. It is classified under NTEE code E31Z.

How many years of IRS 990 filings does University Neurology Inc have?

University Neurology 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 $31.9M in total revenue.

Is University Neurology Inc a good charity?

Based on the provided data, University Neurology Inc appears to be a very good charity. It demonstrates consistent growth, maintains a healthy asset base, and notably reports 0% officer compensation across all filings, indicating a strong commitment to its mission.

How has University Neurology Inc's financial health changed over time?

University Neurology Inc has shown consistent financial growth, with revenue increasing from $13,774,556 in 2014 to $31,865,039 currently, and assets growing from $2,559,562 to $8,070,012 over the same period. This indicates a strong and expanding financial base.

Does University Neurology Inc spend efficiently?

While specific program spending percentages are not fully detailed, the consistent 0% officer compensation strongly suggests efficient use of funds, as no resources are allocated to executive salaries. The organization's expenses generally align closely with revenue, indicating active deployment of funds.

What is the trend in University Neurology Inc's liabilities?

Liabilities have generally increased in line with the organization's growth, from $2,754,230 in 2014 to $7,832,930 in 2023. However, assets have also grown significantly, maintaining a reasonable balance, with assets of $7,257,785 in 2023 against liabilities of $7,832,930.

Filing History

IRS 990 filing history for University Neurology Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), University Neurology Inc's revenue has grown by 105.6%, moving from $13.6M to $28.0M. Total assets increased by 335.2% over the same period, from $1.7M to $7.3M. Total functional expenses rose by 104.2%, from $14.3M to $29.3M. In its most recent filing year (2023), University Neurology Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $7.8M in liabilities against $7.3M in assets (debt-to-asset ratio: 107.9%), resulting in net assets of $-575,145.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $28.0M $29.3M $7.3M $7.8M
2022 $24.8M $25.3M $6.5M $5.8M View 990
2021 $21.7M $22.3M $5.5M $4.3M View 990
2020 $20.0M $18.9M $5.3M $3.5M View 990
2019 $19.6M $19.3M $4.5M $3.8M View 990
2018 $18.4M $18.7M $4.0M $3.6M View 990
2017 $16.8M $16.6M $3.8M $3.2M View 990
2016 $15.9M $15.6M $3.2M $2.8M View 990
2015 $14.5M $14.3M $2.6M $2.6M View 990
2014 $13.8M $13.8M $2.6M $2.8M View 990
2013 $13.4M $13.5M $2.7M $2.8M View 990
2012 $16.1M $13.1M $5.0M $5.0M View 990
2011 $13.6M $14.3M $1.7M $4.7M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $28.0M, expenses of $29.3M, and assets of $7.3M (revenue +13.0% year-over-year).
  • 2022: Revenue of $24.8M, expenses of $25.3M, and assets of $6.5M (revenue +14.2% year-over-year).
  • 2021: Revenue of $21.7M, expenses of $22.3M, and assets of $5.5M (revenue +8.7% year-over-year).
  • 2020: Revenue of $20.0M, expenses of $18.9M, and assets of $5.3M (revenue +1.7% year-over-year).
  • 2019: Revenue of $19.6M, expenses of $19.3M, and assets of $4.5M (revenue +6.8% year-over-year).
  • 2018: Revenue of $18.4M, expenses of $18.7M, and assets of $4.0M (revenue +9.5% year-over-year).
  • 2017: Revenue of $16.8M, expenses of $16.6M, and assets of $3.8M (revenue +5.7% year-over-year).
  • 2016: Revenue of $15.9M, expenses of $15.6M, and assets of $3.2M (revenue +9.2% year-over-year).
  • 2015: Revenue of $14.5M, expenses of $14.3M, and assets of $2.6M (revenue +5.6% year-over-year).
  • 2014: Revenue of $13.8M, expenses of $13.8M, and assets of $2.6M (revenue +2.6% year-over-year).
  • 2013: Revenue of $13.4M, expenses of $13.5M, and assets of $2.7M (revenue -16.8% year-over-year).
  • 2012: Revenue of $16.1M, expenses of $13.1M, and assets of $5.0M (revenue +18.3% year-over-year).
  • 2011: Revenue of $13.6M, expenses of $14.3M, and assets of $1.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for University Neurology Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for University Neurology 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.

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