Global Nerve Foundation EIN 86-2259989 Form 990 (PDF) Claim this org

Global Nerve Foundation

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Improves lives by advancing and promoting excellence in nerve care. For fiscal year 2024 it reported $279K in revenue, $286K in expenses, and $263K in net assets.Pt I

Type
Public charity (501(c)(3)) · Diseases & Disorders
Location
Kennesaw, GA
Website
www.globalnervefoundation.org
Filings
3 on file (2022–2024)
Revenue
$279KFY2024
Expenses
$286K
Net assets
$263K
People
9
Filings
3
Updates
0
More identity details & actions ⌄
EIN  86-2259989 Public charity (501(c)(3)) Kennesaw, GA
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves lives by advancing and promoting excellence in nerve care.
Leadership
Stephen McConoughey · Executive Director · $140K
Money in and out
$279K revenue, $286K expenses
Bottom line
75% program efficiency
Where the money goes · FY2024
Total revenue
$279K
Pt VIII · Ln 12
Total expenses
$286K
Pt IX · Ln 25
Net assets
$263K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.21 Fundraising $0.05
Program efficiency
75%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
11.3mo
months of highly liquid reserves at operating expense rate▲ +4% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▼ -109% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$279K
FY2024▼ -34%
Expenses
$286K
FY2024▼ -6%
Total assets
$269K
FY2024▼ -3%
Total liabilities
$6K
FY2024▼ -7%
Total revenue
$279K
Pt VIII · Ln 12
Total expenses
$286K
Pt IX · Ln 25
Net assets
$263K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$269K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGlobal Nerve Foundation
EINHdr · item D86-2259989
Principal addressHdr · item CKennesaw, GA
WebsiteHdr · item Jwww.globalnervefoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G50)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$140,000Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Stephen McConoughey’s $140K as Executive Director is at the 94th percentile of top reported officer pay among 900 $100K–1M diseases & disorders 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Stephen McConoughey$140,000$140,000$110,385

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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Mission & Programs · Part III

Where the work happens

2 program services account for $213K of program spending, described in the organization's own filed words · FY2024.
01

The GNF managed its growing volunteer committees. These committees were responsible for developing educational website content and healthcare provider webinar series. The volunteer committees also developed awareness and educational content for the public and manage granting the second young investigator research award.

$160Kprogram expense
02

The GNF held in-person courses for surgeons in Bristol (UK) and Rotterdam (NL), that educated healthcare providers on the treatment of lower extremity nerve problems. These courses were supported by registration fees and sponsorships.

$53Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$204K · 73%
Program service revenue$69K · 25%
Other revenue$5K · 2%
Contributions & grants73%$204K
Program service revenue25%$69K
Other revenue2%$5K
Total revenueLn 12$279K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.21 Fundraising $0.05
Program services75%$213K
Management & general21%$59K
Fundraising5%$14K
Total functional expensesLn 25$286K

Balance Sheet

Part X · end of year
CashLn 1$268K
Total assetsLn 16$269K
Total liabilitiesLn 26$6K
Total net assetsLn 32$263K
Months of cash on handcomputed11.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $268K · Operating expenses/yr $286K
11.3 months
Where the money goes
Program services
Program services $213K · Total expenses $286K
75%
Management & General
Management & general $59K · Total expenses $286K
21%
Fundraising
Fundraising $14K · Total expenses $286K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $25K · Solicited contributions (3-yr avg) $312K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $204K · Total revenue $279K
73%
Government reliance
Government grants — · Total revenue $279K
Earned-income share
Program service revenue $69K · Total revenue $279K
25%
Investment reliance
Investment income $0 · Total revenue $279K
0%
Program self-sufficiency
Program service revenue $69K · Total expenses $286K
24%
Growth & trend
Revenue growth (YoY)
This year $279K · Prior year $425K
-34%
Net-asset trend (YoY)
End of year $263K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $279K · Expenses $286K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $269K
Net-asset ratio
Net assets $263K · Total assets $269K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $269K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stephen McConoughey · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $140K · Total expenses $286K
49%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $157K · Total expenses $286K
55%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 21%
Fundraising cost ratio 7%
Revenue growth -34%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$8K
Grants paid · 1 grant · $10K · 2024–2024

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$279K revenue · viewing · ⤓ 990 PDF
FY2023$425K revenue · ⤓ 990 PDF
FY2022$361K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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