Center for Neurological Studies

IRS exemption revoked

Novi, MIUnknown exempt organizationEIN 45-2463347Revenue $1.8M in FY2020

On file with the IRSneurologicstudies.com43000 W 9 Mile Rd Ste 116 · Novi, MI

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To advance the scientific research of neuroimaging methods to translate new insights into improve diagnosis of brain injury and provide educational resources of these findings. Provide resources and support to other organizations that provide education materials of brain disorders.

66¢ of each $1 spent went to programs.
$401K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2020
latest Form 990
Concern: the latest return is for FY2020, 6 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$401K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $46
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$349K
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
Spent
$1.8M
To programs
66%
Net assets
$520K

From the FY2020 Form 990 (year ending May 2020) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
IRS revoked this organization's tax-exempt status on October 15, 2023

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2020.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $1.2M Management & general 33% · $587K Fundraising 1% · $17K

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

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Who runs it and what they're paid

6 people listed on the 990; $401K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$202,100Pt VII · Sec A
CEO/Executiv
$199,300Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Center for Neurological Studies executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Advancing neuroimaging research to improve brain injury diagnosis and share educational resources.

Questions for Center for Neurological Studies

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2019
01

Research of neuroimaging methods through various studies and the follow up publication of the findings and provide education to interested parties

$1.1Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$46

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.6M
Gifts and grantsLn 1h$123K
Investment incomeLn 3$523
Money outPt IX
$1.8M
Ln 25
Programscol B$1.2M
Managementcol C$587K
Fundraisingcol D$17K
Owns and owesPt X
$520K
net assets · Ln 32
Cash and savingsLn 1–2$816K
Total assetsLn 16$869K
LiabilitiesLn 26$349K
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$123K
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$523
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$722K
SavingsLn 2$94K
Cash and savings togetherLn 1–2$816K
Land, buildings, equipmentLn 10c$26K
Total assetsLn 16$869K
LiabilitiesLn 26$349K
Net assetsLn 32$520K
OperationsPt I, VI
EmployeesI 514
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$616K$816K
Land, buildings, equipmentLn 10c$7K$26K
Total assetsLn 16$650K$869K
LiabilitiesLn 26$105K$349K
Net assetsLn 32$545K$520K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$942K$728K$215K
Other employee benefitsLn 9$80K$66K$14K
Payroll taxesLn 10$65K$51K$13K
Legal feesLn 11b$11K$2K$8K
Accounting feesLn 11c$17K$17K
Professional fundraising feesLn 11e$17K$17K
Other fees for servicesLn 11g$234K$98K$136K
Advertising and promotionLn 12$22K$20K$1K
Office expensesLn 13$40K$28K$12K
Information technologyLn 14$22K$21K$1K
OccupancyLn 16$87K$87K
TravelLn 17$20K$20K
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$9K$8K$855
Depreciation, depletion and amortizationLn 22$4K$4K$19
InsuranceLn 23$45K$31K$13K
Other expenses (24a–d)Ln 24$112K$84K$29K
All other expensesLn 24e$52K$33K$19K
Total functional expensesLn 25$1.8M$1.2M$587K$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest Viewing $1.8M$1.8M−$25K$520K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,754,580 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,770$123,269
I-9 Program service revenuePrior year $1,377,623$1,630,788
I-10 Investment incomePrior year $1,699$523
I-11 Other revenue$0
I-12 Total revenuePrior year $1,387,092$1,754,580
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $899,103$1,086,963
I-16a Professional fundraising fees$16,610
I-17 Other expensesPrior year $816,161$676,494
I-18 Total expensesPrior year $1,715,264$1,780,067
I-19 Revenue less expensesPrior year −$328,172−$25,487
Part VI · Governance 5 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,754,580 across 5 lines filed
VIII-1f All other contributions, gifts and grants$123,269
VIII-1h Total contributions, gifts and grants$123,269
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,340,730 · Unrelated business $290,058$1,630,788
VIII-3 Investment incomeRelated to mission $2,040 · Unrelated business −$1,517$523
VIII-12 Total revenueRelated to mission $1,342,770 · Unrelated business $288,541$1,754,580
Part IX · Statement of functional expenses $1,780,067 across 18 lines filed
IX-7 Other salaries and wagesPrograms $727,744 · Management $214,661$942,405
IX-9 Other employee benefitsPrograms $65,598 · Management $14,056$79,654
IX-10 Payroll taxesPrograms $51,423 · Management $13,481$64,904
IX-11b Legal feesPrograms $2,113 · Management $8,454$10,567
IX-11c Accounting feesManagement $17,172$17,172
IX-11e Professional fundraising feesFundraising $16,610$16,610
IX-11g Other fees for servicesPrograms $97,893 · Management $135,740$233,633
IX-12 Advertising and promotionPrograms $20,127 · Management $1,455$21,582
IX-13 Office expensesPrograms $28,073 · Management $11,546$39,619
IX-14 Information technologyPrograms $20,707 · Management $1,064$21,771
IX-16 OccupancyManagement $86,959$86,959
IX-17 TravelManagement $20,430$20,430
IX-19 Conferences, conventions and meetingsPrograms $2,260$2,260
IX-20 InterestPrograms $7,692 · Management $855$8,547
IX-22 Depreciation, depletion and amortizationPrograms $4,357 · Management $19$4,376
IX-23 InsurancePrograms $31,474 · Management $13,489$44,963
IX-24 Other expenses (24a–d)Programs $83,579 · Management $28,839$112,418
IX-24e All other expensesPrograms $33,266 · Management $18,931$52,197
IX-25 Total functional expensesPrograms $1,176,306 · Management $587,151 · Fundraising $16,610$1,780,067
Part X · Balance sheet $869,025 assets, 11 lines filed
Asset lines not itemized here account for $26,900; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $516,842$721,840
X-2 Savings and temporary cash investmentsStart of year $99,346$94,181
X-10c Land, buildings and equipment, netStart of year $6,933$26,104
X-16 Total assetsStart of year $650,271$869,025
X-17 Accounts payable and accrued expensesStart of year $1,819$8,172
X-24 Unsecured notes and loans payableStart of year $102,410$340,468
X-25 Other liabilitiesStart of year $803$633
X-26 Total liabilitiesStart of year $105,032$349,273
X-27 Net assets without donor restrictionsStart of year $545,239$519,752
X-32 Total net assets or fund balancesStart of year $545,239$519,752
X-33 Total liabilities and net assetsStart of year $650,271$869,025
Part XI · Reconciliation of net assets $519,752 net assets at year end
XI-1 Total revenue$1,754,580
XI-2 Total expenses$1,780,067
XI-3 Revenue less expenses−$25,487
XI-4 Net assets at start of year$545,239
XI-10 Net assets at end of year$519,752

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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