Neuromatch Academy INC

Tax-deductible

Beaverton, OR501(c)(3)EducationEIN 85-1264716

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Neuromatch's mission is to democratize research by providing maximally accessible education, networking, matchmaking, scientific communication, and funded research and development opportunities to scientists around the world.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 250 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $124K a year · 16% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$195K
to officers and key staff · 19% of spending
Top officer’s pay lower than 60% of similar orgs
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$36K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+3% vs prior year
Spent
$1.0M
To programs
70%
Net assets
$703K
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▲ +3%
Revenue by fiscal year
FY2020$386K
FY2021$670K
FY2022$721K
FY2023$1.1M
FY2024$1.1M
Expenses
$1.0M
FY2024▲ +13%
Expenses by fiscal year
FY2020$261K
FY2021$620K
FY2022$508K
FY2023$905K
FY2024$1.0M
Net assets
$703K
FY2024▲ +30%
Net assets by fiscal year
FY2020$125K
FY2021$175K
FY2022$386K
FY2023$543K
FY2024$703K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2020.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $715K Management & general 30% · $303K Fundraising 0% · $564

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

10 people listed on the 990; $195K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$111,394Pt VII · Sec A
Secretary
$83,265Pt VII · Sec A
President & Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Nicholas Halper’s $111K as Chief Executive Officer is at the 40th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Nicholas Halper$111,394$170,208$121,986
Courtney Dean$83,265$67,297$19,306

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Programs and updates

Democratizes research by providing accessible education, networking, and funding opportunities globally.

Provided by the organization

This section is blank until Neuromatch Academy INC claims this page.

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3 program services account for $602K of program spending, described in the organization's own filed words · FY2024.
01

Neuromatch Academy

Neuromatch academy provides accessible education, mentorship, networking, and professional development services for computational scientists around the world. These take the form of classes, meetings, research experiences, and events.

$335Kprogram expense
02

R&d Partnerships

As part of our R&D partnerships program neuromatch connects students with research and development opportunities to help them gain valuable skills in real world work environments in companies and labs around the globe.

$199Kprogram expense
03

Neuromatch Conference

Neuromatch conference, sometimes branded as neuromatch community, provides globally accessible scientific communication and networking events. This includes providing networking services to other conferences to help them network scientists together.

$68Kprogram expense

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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$100K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$850K
Gifts and grantsLn 1h$239K
Other incomeLn 4–11$3K
Money outPt IX
$1.0M
Ln 25
Programscol B$715K
Managementcol C$303K
Fundraisingcol D$564
Owns and owesPt X
$703K
net assets · Ln 32
Cash and savingsLn 1–2$203K
Total assetsLn 16$739K
LiabilitiesLn 26$36K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$239K
Government grantsLn 1e$21K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$850K
Investment incomeLn 3$1K
Other incomeLn 4–11$3K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$203K
Cash and savings togetherLn 1–2$203K
Other assetsLn 15$46K
Total assetsLn 16$739K
LiabilitiesLn 26$36K
Net assetsLn 32$703K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6250
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$322K$203K
Total assetsLn 16$546K$739K
LiabilitiesLn 26$4K$36K
Net assetsLn 32$543K$703K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$196K$136K$60K
Other salaries and wagesLn 7$350K$243K$107K
Pension plan contributionsLn 8$9K$6K$3K
Other employee benefitsLn 9$1K$815$272
Payroll taxesLn 10$32K$21K$11K
Legal feesLn 11b$219$219
Accounting feesLn 11c$34K$34K
Other fees for servicesLn 11g$235K$227K$8K
Advertising and promotionLn 12$19K$17K$2K
Office expensesLn 13$13K$11K$1K
Information technologyLn 14$2K$2K
TravelLn 17$9K$9K
Conferences, conventions and meetingsLn 19$3K$3K
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$92K$43K$48K$564
Total functional expensesLn 25$1.0M$715K$303K$564

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.1M$1.0M$75K$703K 990 PDF
FY2023 $1.1M$905K$156K$543K 990 PDF
FY2022 $721K$508K$213K$386K 990 PDF
FY2021 $670K$620K$50K$175K 990 PDF
FY2020 $386K$261K$125K$125K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,093,885 across 12 lines filed
Lines not itemized here account for $3,194 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$20,625
VIII-1f All other contributions, gifts and grants$218,678
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$239,303
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $850,048 · Unrelated business $0 · Excluded from tax $0$850,048
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,340$1,340
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $853,242 · Unrelated business $0 · Excluded from tax $1,340$1,093,885
Part IX · Statement of functional expenses $1,018,601 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $136,156 · Management $60,112$196,268
IX-7 Other salaries and wagesPrograms $243,008 · Management $107,288$350,296
IX-8 Pension plan contributionsPrograms $6,285 · Management $2,657$8,942
IX-9 Other employee benefitsPrograms $815 · Management $272$1,087
IX-10 Payroll taxesPrograms $21,029 · Management $11,313$32,342
IX-11b Legal feesManagement $219$219
IX-11c Accounting feesManagement $33,569$33,569
IX-11g Other fees for servicesPrograms $226,813 · Management $8,414$235,227
IX-12 Advertising and promotionPrograms $17,156 · Management $1,949$19,105
IX-13 Office expensesPrograms $11,300 · Management $1,394$12,694
IX-14 Information technologyManagement $2,064$2,064
IX-17 TravelManagement $9,436$9,436
IX-19 Conferences, conventions and meetingsManagement $3,056$3,056
IX-22 Depreciation, depletion and amortizationPrograms $8,833$8,833
IX-23 InsuranceManagement $13,446$13,446
IX-24 Other expenses (24a–d)Programs $43,358 · Management $48,095 · Fundraising $564$92,017
IX-25 Total functional expensesPrograms $714,753 · Management $303,284 · Fundraising $564$1,018,601
Part X · Balance sheet $739,470 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $322,385$203,496
X-4 Accounts receivableStart of year $175,063$466,297
X-9 Prepaid expenses and deferred chargesStart of year $14,810$10,656
X-14 Intangible assets$13,250
X-15 Other assetsStart of year $10,328$45,771
X-16 Total assetsStart of year $546,298$739,470
X-17 Accounts payable and accrued expensesStart of year $3,734$36,010
X-26 Total liabilitiesStart of year $3,734$36,010
X-27 Net assets without donor restrictionsStart of year $542,564$371,365
X-28 Net assets with donor restrictionsStart of year $0$332,095
X-32 Total net assets or fund balancesStart of year $542,564$703,460
X-33 Total liabilities and net assetsStart of year $546,298$739,470
Part XI · Reconciliation of net assets $703,460 net assets at year end
XI-1 Total revenue$1,093,885
XI-2 Total expenses$1,018,601
XI-3 Revenue less expenses$75,284
XI-4 Net assets at start of year$542,564
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$85,612
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$703,460

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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