Civic Intelligence

Neurosurgery Foundation Inc.

990 • Fiscal year 2015 • EIN 05-0414462

Oct 01, 2014 to Sep 30, 2015 • Filed on Aug 15, 2016

593 Eddy Street Apc 6th FloorProvidence, RI 02903

(401) 793-9166

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.06x

Higher debt load relative to assets than 41% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

32nd percentile

0.04x

Higher debt load relative to revenue than 32% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

44th percentile

0.9%

Higher net margin than 44% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

20th percentile

-5.9%

Faster asset growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,304,107

Down $143,984 (-5.9%) from 2014

Net Assets

Down

$2,173,608

Down $11,812 (-0.5%) from 2014

Liabilities

Down

$130,499

Down $132,172 (-50%) from 2014

Revenue

Down

$3,215,386

Down $2,517,165 (-44%) from 2014

Expenses

Down

$3,187,156

Down $2,499,318 (-44%) from 2014

Net Income

Down

$28,230

Down $17,847 (-39%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,747,200Liabilities 2010: $1,310,062Net Assets 2010: $2,437,1382010Assets 2011: $3,435,844Liabilities 2011: $942,467Net Assets 2011: $2,493,3772011Assets 2012: $3,384,216Liabilities 2012: $974,133Net Assets 2012: $2,410,0832012Assets 2013: $2,454,832Liabilities 2013: $370,178Net Assets 2013: $2,084,6542013Assets 2014: $2,448,091Liabilities 2014: $262,671Net Assets 2014: $2,185,4202014Assets 2015: $2,304,107Liabilities 2015: $130,499Net Assets 2015: $2,173,6082015Assets 2016: $2,277,611Liabilities 2016: $239,677Net Assets 2016: $2,037,9342016Assets 2017: $2,237,822Liabilities 2017: $211,393Net Assets 2017: $2,026,4292017Assets 2018: $1,970,431Liabilities 2018: $0Net Assets 2018: $1,970,4312018Assets 2019: $1,848,011Liabilities 2019: $8,047Net Assets 2019: $1,839,9642019Assets 2020: $1,856,300Liabilities 2020: $4,439Net Assets 2020: $1,851,8612020Assets 2021: $1,745,183Liabilities 2021: $32,568Net Assets 2021: $1,712,6152021Assets 2022: $1,733,925Liabilities 2022: $41,029Net Assets 2022: $1,692,8962022Assets 2023: $1,609,998Liabilities 2023: $15,137Net Assets 2023: $1,594,8612023Assets 2024: $1,658,244Liabilities 2024: $68,387Net Assets 2024: $1,589,8572024

Highlighted filing

2015

Assets$2,304,107
Liabilities$130,499
Net Assets$2,173,608

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $5,376,9162010Expenses 2011: $4,477,7182011Expenses 2012: $4,413,1462012Revenue 2013: $5,999,046Expenses 2013: $6,421,483Net Income 2013: -$422,4372013Revenue 2014: $5,732,551Expenses 2014: $5,686,474Net Income 2014: $46,0772014Revenue 2015: $3,215,386Expenses 2015: $3,187,156Net Income 2015: $28,2302015Revenue 2016: $374,603Expenses 2016: $547,076Net Income 2016: -$172,4732016Revenue 2017: $92,565Expenses 2017: $155,225Net Income 2017: -$62,6602017Revenue 2018: $100,482Expenses 2018: $168,059Net Income 2018: -$67,5772018Revenue 2019: $103,214Expenses 2019: $200,166Net Income 2019: -$96,9522019Revenue 2020: $79,037Expenses 2020: $128,830Net Income 2020: -$49,7932020Revenue 2021: $151,061Expenses 2021: $123,604Net Income 2021: $27,4572021Revenue 2022: $124,148Expenses 2022: $143,867Net Income 2022: -$19,7192022Revenue 2023: $69,081Expenses 2023: $167,116Net Income 2023: -$98,0352023Revenue 2024: $131,106Expenses 2024: $136,110Net Income 2024: -$5,0042024

Highlighted filing

2015

Revenue$3,215,386
Expenses$3,187,156
Net Income$28,230
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Aug 15, 2016
Return Version
2014v6.0
Gross Receipts
$3,215,386
Mission and Program Overview

Mission

The foundation promotes health in the community, educates brown university medical students, engages in medical research and education, and supports the neurosurgery department of rhode island hospital.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,098,183$1,065,202▼ $32,981
Cash and Non-Interest-Bearing Accounts$388,306$632,592▲ $244,286
Pledges and Grants Receivable$768,034$453,431▼ $314,603
Land, Buildings, and Equipment, Net$178,163$152,173▼ $25,990
Total Assets$2,448,091$2,304,107▼ $143,984
Other Assets Total$15,405$709▼ $14,696
Liabilities
Accounts Payable and Accrued Expenses$220,671$108,499▼ $112,172
Other Liabilities$42,000$22,000▼ $20,000
Total Liabilities$262,671$130,499▼ $132,172
Net Assets / Fund Balance
Unrestricted Net Assets$2,185,420$2,173,608▼ $11,812
Total Net Assets Fund Balance$2,185,420$2,173,608▼ $11,812
Total Liabilities and Net Assets / Fund Balance$2,448,091$2,304,107▼ $143,984

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$118,510$227,005$345,515
Equipment$33,663$192,420$226,083
Other Securities$177,477--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$824,526
Program Service Revenue
$2,357,205
Investment Income
$33,655
Other Revenue
$0
All Other Contributions
$824,526
Change in Net Assets
$28,230
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,379,147
Salaries, Compensation, and Employee Benefits$806,509
Grants and Similar Amounts Paid$1,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,717,247$17,883-$1,735,130
Other Salaries and Wages$584,321$31,013-$615,334
Other Employee Benefits$127,999--$127,999
Office Expenses$100,814--$100,814
Insurance$98,445--$98,445
Occupancy$98,069--$98,069
Payroll Taxes$41,730$2,372-$44,102
Depreciation Depletion$41,088--$41,088
Fees for Services Accounting-$32,110-$32,110
Other Expenses$23,230$0-$23,230
Pension Plan Contributions$19,074--$19,074
Fees for Service Investment Mgmnt Fees-$12,567-$12,567
Information Technology$1,858--$1,858
Grants to Domestic Individuals$1,500--$1,500
Fees for Services Legal-$438-$438
Total Functional Expenses$2,994,510$192,646$0$3,187,156
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pledge Payable$22,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The president of the foundation is employed as the chief of neurosurgery of rhode island hospital.

Form 990, Part VI, Section A, Line 6

The organization's by-laws state that any member of the teaching staff in the department of neurosurgery at rhode island hospital and any member of the faculty at brown university are eligible for membership in the organization. There are additional requiremetns for a physician candidate to qualify for admissition to membership. The physician must: 1) be a person who is a member of the active medical staff of the ri hospital department of neurosurgery; 2) be a member of the faculty of brown university; 3) have demonstrated a high level of competence in the care of neurosurgery patients; 4) have demonstartaed a commitment to teaching and sholarly activity in neurosurgery; 5) have completed sub-speciality training and be recognized as a specialist in his or her chose field of sub-speciality; 6) have attained certification by the american board of nuerosurgery or its equivalent; and 7) have an area of expertise and commitment consistent with the development of the department of neurosurgery as defined in its academic plan.

Form 990, Part VI, Section A, Line 7A

The organization's by=laws provide for not less than 2 and not more than 10 trustees. The members of the organization elect up to 4 members of the board of trustees.

Form 990, Part VI, Section B, Line 11

The 990 is reviewed by the president or the president's designee. A copy of the 990 is provided to the governing body.

Form 990, Part VI, Section B, Line 12C

It is incumbent on management to report any possible conflicts to the compliance committee.

Form 990, Part VI, Section B, Line 15

The organization's ceo is not compensated by the organization.

Form 990, Part VI, Section C, Line 19

The governing documents are available upon written request to the organization.

Filing and Contact Details

Filer

Filer Name
Neurosurgery Foundation
EIN
05-0414462
Phone
4017939166
Address
593 EDDY STREET APC 6TH FLOOR, PROVIDENCE, RI 02903

Signing Officer

Name
Ziya Gokaslan
Title
Chief of Neurosurgery
Phone
4017939166
Signed
2016-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ziya Gokaslan
Formed
1986
Legal Domicile
Ri
Voting Board Members
6
Independent Board Members
6
Employees
22
Volunteers
0

Preparer

Firm
Lgc&d Llp
Address
TEN WEYBOSSET STREET - SUITE 700, PROVIDENCE, RI 02903
Preparer
Martha Hultzman
Phone
4014214800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Effective april 1, 2015, neurosurgery foundation provides administrative support to lifespan physician's group by employing administrative and support personnel such as medical assistants, medical secretaries, receptionists and medical records clerks and maintaining an office.

Form 990, Part III, Line 3

Effective march 31, 2015, the foundation ceased providing neurological services to rhode island hospital, memorial hosptial, and miriam hospital; ceased providing neurological, clinical and classroom instructions to brown university medical students, and interns and residents at rhode island hospital; and ceased providing patient care.

Form 990, Part IX, Line 11G

Medical billing and collection: program service expenses 103,089. Management and general expenses 0. Fundraising expenses 0. Total expenses 103,089. Physician leasing fee: program service expenses 1,585,946. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,585,946. Payroll service and bank charges: program service expenses 0. Management and general expenses 17,883. Fundraising expenses 0. Total expenses 17,883. Medical record transcription, storage and copying: program service expenses 28,212. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,212.

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IRS990/ProgSrvcAccomActy2Grp/Desc0EFFECTIVE APRIL 1, 2015, NEUROSURGERY FOUNDATION PROVIDES ADMINISTRATIVE SUPPORT TO LIFESPAN PHYSICIAN'S GROUP BY EMPLOYING ADMINISTRATIVE AND SUPPORT PERSONNEL SUCH AS MEDICAL ASSISTANTS, MEDICAL SECRETARIES, RECEPTIONISTS AND MEDICAL RECORDS CLERKS AND MAINTAINING AN OFFICE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0364282
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0364282
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0935011
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01500
IRS990/PYInvestmentIncomeAmt021778
IRS990/PYOtherExpensesAmt01054673
IRS990/PYOtherRevenueAmt08217
IRS990/PYProgramServiceRevenueAmt04767545
IRS990/PYRevenuesLessExpensesAmt046077
IRS990/PYSalariesCompEmpBnftPaidAmt04630301
IRS990/PYTotalExpensesAmt05686474
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05732551
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt028230
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01992923
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0824526
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0935011
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01301707
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0287026
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0473456
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03821726
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt033655
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt021778
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt015110
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt019482
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt019926
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0109951
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02357205
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04767545
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04258262
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03932104
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04032546
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt019347662
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt033655
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt021778
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt015110
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt019482
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt019926
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0109951
IRS990ScheduleA/InvestmentIncomeCYPct00.00470
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0754
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08217
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07467
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04896
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt013979
IRS990ScheduleA/OtherIncome509Grp/TotalAmt035313
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99380
IRS990ScheduleA/PublicSupportTotal509Amt023169388
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03181731
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05702556
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05559969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04219130
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04506002
IRS990ScheduleA/Total509Grp/TotalAmt023169388
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03216140
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05732551
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05582546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04243508
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04539907
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt023314652
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0118510
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0227005
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0345515
IRS990ScheduleD/EquipmentGrp/BookValueAmt033663
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0192420
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0226083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PLEDGE PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0206444
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1477114
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2204167
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3177477
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2OBLIGATIONS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3CORPORATE BONDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0152173
IRS990ScheduleD/TotalBookValueSecuritiesAmt01065202
IRS990ScheduleD/TotalLiabilityAmt022000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EFFECTIVE APRIL 1, 2015, NEUROSURGERY FOUNDATION PROVIDES ADMINISTRATIVE SUPPORT TO LIFESPAN PHYSICIAN'S GROUP BY EMPLOYING ADMINISTRATIVE AND SUPPORT PERSONNEL SUCH AS MEDICAL ASSISTANTS, MEDICAL SECRETARIES, RECEPTIONISTS AND MEDICAL RECORDS CLERKS AND MAINTAINING AN OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EFFECTIVE MARCH 31, 2015, THE FOUNDATION CEASED PROVIDING NEUROLOGICAL SERVICES TO RHODE ISLAND HOSPITAL, MEMORIAL HOSPTIAL, AND MIRIAM HOSPITAL; CEASED PROVIDING NEUROLOGICAL, CLINICAL AND CLASSROOM INSTRUCTIONS TO BROWN UNIVERSITY MEDICAL STUDENTS, AND INTERNS AND RESIDENTS AT RHODE ISLAND HOSPITAL; AND CEASED PROVIDING PATIENT CARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT OF THE FOUNDATION IS EMPLOYED AS THE CHIEF OF NEUROSURGERY OF RHODE ISLAND HOSPITAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S BY-LAWS STATE THAT ANY MEMBER OF THE TEACHING STAFF IN THE DEPARTMENT OF NEUROSURGERY AT RHODE ISLAND HOSPITAL AND ANY MEMBER OF THE FACULTY AT BROWN UNIVERSITY ARE ELIGIBLE FOR MEMBERSHIP IN THE ORGANIZATION. THERE ARE ADDITIONAL REQUIREMETNS FOR A PHYSICIAN CANDIDATE TO QUALIFY FOR ADMISSITION TO MEMBERSHIP. THE PHYSICIAN MUST: 1) BE A PERSON WHO IS A MEMBER OF THE ACTIVE MEDICAL STAFF OF THE RI HOSPITAL DEPARTMENT OF NEUROSURGERY; 2) BE A MEMBER OF THE FACULTY OF BROWN UNIVERSITY; 3) HAVE DEMONSTRATED A HIGH LEVEL OF COMPETENCE IN THE CARE OF NEUROSURGERY PATIENTS; 4) HAVE DEMONSTARTAED A COMMITMENT TO TEACHING AND SHOLARLY ACTIVITY IN NEUROSURGERY; 5) HAVE COMPLETED SUB-SPECIALITY TRAINING AND BE RECOGNIZED AS A SPECIALIST IN HIS OR HER CHOSE FIELD OF SUB-SPECIALITY; 6) HAVE ATTAINED CERTIFICATION BY THE AMERICAN BOARD OF NUEROSURGERY OR ITS EQUIVALENT; AND 7) HAVE AN AREA OF EXPERTISE AND COMMITMENT CONSISTENT WITH THE DEVELOPMENT OF THE DEPARTMENT OF NEUROSURGERY AS DEFINED IN ITS ACADEMIC PLAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S BY=LAWS PROVIDE FOR NOT LESS THAN 2 AND NOT MORE THAN 10 TRUSTEES. THE MEMBERS OF THE ORGANIZATION ELECT UP TO 4 MEMBERS OF THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 990 IS REVIEWED BY THE PRESIDENT OR THE PRESIDENT'S DESIGNEE. A COPY OF THE 990 IS PROVIDED TO THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IT IS INCUMBENT ON MANAGEMENT TO REPORT ANY POSSIBLE CONFLICTS TO THE COMPLIANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S CEO IS NOT COMPENSATED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEDICAL BILLING AND COLLECTION: PROGRAM SERVICE EXPENSES 103,089. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,089. PHYSICIAN LEASING FEE: PROGRAM SERVICE EXPENSES 1,585,946. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,585,946. PAYROLL SERVICE AND BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,883. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,883. MEDICAL RECORD TRANSCRIPTION, STORAGE AND COPYING: PROGRAM SERVICE EXPENSES 28,212. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,212.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd01
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02448091
IRS990/TotalAssetsEOYAmt02304107
IRS990/TotalAssetsGrp/BOYAmt02448091
IRS990/TotalAssetsGrp/EOYAmt02304107
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0824526
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0192646
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02994510
IRS990/TotalFunctionalExpensesGrp/TotalAmt03187156
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0262671
IRS990/TotalLiabilitiesEOYAmt0130499
IRS990/TotalLiabilitiesGrp/BOYAmt0262671
IRS990/TotalLiabilitiesGrp/EOYAmt0130499
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02185420
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02173608
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02994510
IRS990/TotalProgramServiceRevenueAmt02357205
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt033655
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02357205
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03215386
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02448091

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.66$0.07$1.59$0.13$0.14$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.61$0.02$1.59$0.07$0.17$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.73$0.04$1.69$0.12$0.14$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.75$0.03$1.71$0.15$0.12$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.85$0.08$0.13$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.85$0.01$1.84$0.10$0.20$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.10$0.17$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.24$0.21$2.03$0.09$0.16$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.28$0.24$2.04$0.37$0.55$0.17
2015Detailed filing. Detailed filing data is available for this year.$2.30$0.13$2.17$3.22$3.19$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.45$0.26$2.19$5.73$5.69$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.37$2.08$6.00$6.42$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.97$2.41$4.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.94$2.49$4.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.75$1.31$2.44$5.38