philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Neurosurgery Foundation INC FY2019 filing

Tax-deductible

Providence, RI501(c)(3)Diseases & Disorders EIN 05-0414462Revenue $103K in FY2019

On file with the IRS593 Eddy Street Apc 6th Floor, 02903-4923 · Providence, RITax-exempt since Nov 1986Private non-operating foundation

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To promote health in the community, educate brown university medical students, and engage in medical research and education.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2019 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 7
filings with a surplus
Average deficit $33K a year · 28% of revenue · last 7 filings
Concern: a surplus in 2 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
24 mo
of spending, in cash
Plus $1.5M in investments, Pt X · Ln 11–13
Looks good: 23.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$8K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$103K
Spent
$200K
To programs
62%
Net assets
$1.8M
By yearFY2019–FY2025
Revenue
$103K
FY2019
Tap a bar for its year
Revenue by fiscal year
FY2019$103K
FY2020$79K
FY2021$151K
FY2022$124K
FY2023$69K
FY2024$131K
FY2025$163K
Expenses
$200K
FY2019
Tap a bar for its year
Expenses by fiscal year
FY2019$200K
FY2020$129K
FY2021$124K
FY2022$144K
FY2023$167K
FY2024$136K
FY2025$149K
Net assets
$1.8M
FY2019
Tap a bar for its year
Net assets by fiscal year
FY2019$1.8M
FY2020$1.9M
FY2021$1.7M
FY2022$1.7M
FY2023$1.6M
FY2024$1.6M
FY2025$1.6M

From the FY2019 Form 990 (year ending September 2019) · see the original

990 PDF Claim
You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $123K Management & general 38% · $77K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2018); the FY2019 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Neurosurgery Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes community health, educates medical students, and conducts medical research.

Questions for Neurosurgery Foundation INC

Tap to ask. Neurosurgery Foundation INC sees how many people are interested.

Your first name shows with your question. Neurosurgery Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $123K · in their own filed words · FY2018
01

Provides support for the neurosurgery department of ri hospital; clinical and classroom instruction to brown university medical students and rhode island hospital interns and residents; teaching and research in the area of neurosurgery.

$123Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 16 grants · $366K · 2018–2024
Brown University Health Neurosurgery DepartmentFY2024$47,706
RI Hospital and Hasbro Children's HospitalFY2024$22,000
Neurosurgery Research & Education FoundationFY2024$5,000
Chordoma FoundationFY2024$3,750
Dystonia Medical Research FoundationFY2024$2,600
American Parkinson Disease AssociationFY2024$2,500
Miriam Hospital FoundationFY2024$2,400
Rhode Island Hospital Neurosurgery DepartmentFY2023$66,841
Neurosurgery Research & Education FoundationFY2023$5,000
Rhode Hospital FoundationFY2022$47,000
Rhode Island Hospital - Neurosurgery DepartmentFY2022$42,615
Neurosurgery Research & Education FoundationFY2022$5,000
Chordoma FoundationNC · FY2022$5,000
Rhode Island Hospital - Neurosurgery DepartmentFY2021$74,490
Rhode Island HospitalRI · FY2020$24,000
Rhode Island HospitalRI · FY2018$10,000

By the numbers

The FY2019 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$103K
Ln 12
Investment incomeLn 3$103K
Money outPt IX
$200K
Ln 25
Programscol B$123K
Managementcol C$77K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$395K
Total assetsLn 16$1.8M
LiabilitiesLn 26$8K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$103K
Gains on assetsLn 7$63K
Total revenueLn 12$103K
Assets in detailPt X, end of year
CashLn 1$395K
Cash and savings togetherLn 1–2$395K
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$1.8M
LiabilitiesLn 26$8K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Cash and savingsLn 1–2$572K$395K
InvestmentsLn 11–13$1.4M$1.5M
Land, buildings, equipmentLn 10c$3K$2K
Total assetsLn 16$2.0M$1.8M
LiabilitiesLn 26$0$8K
Net assetsLn 32$2.0M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$22K$22K
Legal feesLn 11b$11K$11K
Accounting feesLn 11c$52K$52K
Investment management feesLn 11f$13K$13K
Other fees for servicesLn 11g$9K$9K
Office expensesLn 13$19K$19K
TravelLn 17$967$967
Conferences, conventions and meetingsLn 19$11K$11K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$50K$50K
Total functional expensesLn 25$200K$123K$77K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $163K$149K$14K$1.6M 990 PDF
FY2024 $131K$136K−$5K$1.6M 990 PDF
FY2023 $69K$167K−$98K$1.6M 990 PDF
FY2022 $124K$144K−$20K$1.7M 990 PDF
FY2021 $151K$124K$27K$1.7M 990 PDF
FY2020 $79K$129K−$50K$1.9M 990 PDF
FY2019 Viewing $103K$200K−$97K$1.8M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2019 990 (6 parts)
Part I · Summary $103,214 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $20,906$0
I-10 Investment incomePrior year $79,576$103,214
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $100,482$103,214
I-13 Grants and similar amounts paidPrior year $13,350$21,672
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $154,709$178,494
I-18 Total expensesPrior year $168,059$200,166
I-19 Revenue less expensesPrior year −$67,577−$96,952
Part VI · Governance 5 of 5 board members independent, 5 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $103,214 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $39,741$39,741
VIII-7 Net gain or loss on sales of assetsExcluded from tax $63,473$63,473
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $103,214$103,214
Part IX · Statement of functional expenses $200,166 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $21,672$21,672
IX-11b Legal feesManagement $11,104$11,104
IX-11c Accounting feesManagement $52,239$52,239
IX-11f Investment management feesManagement $13,429$13,429
IX-11g Other fees for servicesPrograms $8,726$8,726
IX-13 Office expensesPrograms $19,101$19,101
IX-17 TravelPrograms $967$967
IX-19 Conferences, conventions and meetingsPrograms $10,761$10,761
IX-22 Depreciation, depletion and amortizationPrograms $1,214$1,214
IX-23 InsurancePrograms $11,244$11,244
IX-24 Other expenses (24a–d)Programs $49,709$49,709
IX-25 Total functional expensesPrograms $123,394 · Management $76,772 · Fundraising $0$200,166
Part X · Balance sheet $1,848,011 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $571,896$394,742
X-10c Land, buildings and equipment, netStart of year $3,034$1,820
X-11 Publicly traded securitiesStart of year $1,395,501$1,451,449
X-16 Total assetsStart of year $1,970,431$1,848,011
X-17 Accounts payable and accrued expenses$8,047
X-26 Total liabilitiesStart of year $0$8,047
X-32 Total net assets or fund balancesStart of year $1,970,431$1,839,964
X-33 Total liabilities and net assetsStart of year $1,970,431$1,848,011
Part XI · Reconciliation of net assets $1,839,964 net assets at year end
XI-1 Total revenue$103,214
XI-2 Total expenses$200,166
XI-3 Revenue less expenses−$96,952
XI-4 Net assets at start of year$1,970,431
XI-5 Net unrealized gains (losses) on investments−$33,515
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,839,964

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.