Civic Intelligence

Neurofit Networks Inc DBA Parkinson

990 • Fiscal year 2014 • EIN 27-3309190

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 13, 2014

3849 E Broadway Blvd85716

(520) 591-5821

Siviq Scores

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

Liabilities / Assets

54th percentile

0.07x

Higher debt load relative to assets than 54% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

58th percentile

0.07x

Higher debt load relative to revenue than 58% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

73rd percentile

$62,608

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$794,363

No earlier filing loaded for comparison.

Net Assets

$739,953

No earlier filing loaded for comparison.

Liabilities

$54,410

No earlier filing loaded for comparison.

Revenue

$736,094

No earlier filing loaded for comparison.

Expenses

$537,499

No earlier filing loaded for comparison.

Net Income

$198,595

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $794,363Liabilities 2014: $54,410Net Assets 2014: $739,9532014Assets 2015: $934,178Liabilities 2015: $91,552Net Assets 2015: $842,6262015Assets 2016: $971,116Liabilities 2016: $98,431Net Assets 2016: $872,6852016Assets 2017: $837,305Liabilities 2017: $32,300Net Assets 2017: $805,0052017Assets 2018: $1,058,546Liabilities 2018: $127,320Net Assets 2018: $931,2262018Assets 2019: $1,168,929Liabilities 2019: $246,460Net Assets 2019: $922,4692019Assets 2020: $839,335Liabilities 2020: $300,854Net Assets 2020: $538,4812020Assets 2021: $668,084Liabilities 2021: $277,042Net Assets 2021: $391,0422021Assets 2022: $868,104Liabilities 2022: $500,825Net Assets 2022: $367,2792022Assets 2023: $1,626,133Liabilities 2023: $947,777Net Assets 2023: $678,3562023Assets 2024: $1,390,721Liabilities 2024: $844,439Net Assets 2024: $546,2822024

Highlighted filing

2014

Assets$794,363
Liabilities$54,410
Net Assets$739,953

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $736,094Expenses 2014: $537,499Net Income 2014: $198,5952014Revenue 2015: $976,062Expenses 2015: $858,910Net Income 2015: $117,1522015Revenue 2016: $1,000,041Expenses 2016: $995,424Net Income 2016: $4,6172016Revenue 2017: $899,673Expenses 2017: $971,248Net Income 2017: -$71,5752017Revenue 2018: $1,157,399Expenses 2018: $1,039,469Net Income 2018: $117,9302018Revenue 2019: $1,404,454Expenses 2019: $1,445,293Net Income 2019: -$40,8392019Revenue 2020: $1,043,248Expenses 2020: $1,426,481Net Income 2020: -$383,2332020Revenue 2021: $1,454,444Expenses 2021: $1,527,159Net Income 2021: -$72,7152021Revenue 2022: $1,952,143Expenses 2022: $1,975,906Net Income 2022: -$23,7632022Revenue 2023: $2,441,835Expenses 2023: $2,130,758Net Income 2023: $311,0772023Revenue 2024: $2,102,416Expenses 2024: $2,125,261Net Income 2024: -$22,8452024

Highlighted filing

2014

Revenue$736,094
Expenses$537,499
Net Income$198,595
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 13, 2014
Return Version
2013v3.1
Gross Receipts
$758,792
Mission and Program Overview

Mission

To enhance access to and awareness of research driven exercise that improves quality of life for people with parkinson disease.

To develop and implement worldwide access to Parkinson disease-specific neuroplasticity-principled exercise programs that hold promise to slow disease progression, improve symptoms, restore function, and increase longevity and quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$513,707$721,297▲ $207,590
Land, Buildings, and Equipment, Net$42,647$39,698▼ $2,949
Inventories for Sale or Use$957$19,980▲ $19,023
Prepaid Expenses and Deferred Charges$15,542$9,278▼ $6,264
Accounts Receivable$2,290$2,780▲ $490
Cash and Non-Interest-Bearing Accounts$8,752$1,330▼ $7,422
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$583,895$794,363▲ $210,468
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$21,092$45,622▲ $24,530
Deferred Revenue$21,445$8,788▼ $12,657
Total Liabilities$42,537$54,410▲ $11,873
Net Assets / Fund Balance
Unrestricted Net Assets$541,358$739,953▲ $198,595
Total Net Assets Fund Balance$541,358$739,953▲ $198,595
Total Liabilities and Net Assets / Fund Balance$583,895$794,363▲ $210,468

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,497$8,569$29,066
Leasehold Improvements$19,201$3,754$22,955
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Becky FarleyCEOFT$62,500$108$62,608
Sally MichaelsCOOFT$45,000-$45,000

Board Members and Trustees

NameTitle
Gail Koshland WachtelChair
Jeanna NashVice Chair
Gretchen ShineDirector
LDon SawyerDirector
Stephanie GillespieDirector
Tim BowdenDirector
Naren VeluSecretary
Lindsay GoldmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$269,638
Program Service Revenue
$444,636
Investment Income
$-356
Other Revenue
$22,176
All Other Contributions
$269,638
Change in Net Assets
$198,595
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$306,588
Salaries, Compensation, and Employee Benefits$230,711
Total Fundraising Expense$9,750
Grants and Similar Amounts Paid$200
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$114,667$10,299$3,765$128,731
Occupancy$102,658--$102,658
Current Officers, Directors, Trustees, and Key Employees$74,566$7,249$2,545$84,360
Fees for Services Other$69,975$7,450$2,334$79,759
Travel$24,082$972-$25,054
Office Expenses$21,079$2,224$473$23,776
Fees for Services Accounting$184$18,239-$18,423
Payroll Taxes$15,034$1,908$467$17,409
Advertising$11,562-$71$11,633
Insurance$5,505$1,809-$7,314
Depreciation Depletion$5,929--$5,929
Fees for Services Legal$3,505--$3,505
All Other Expenses$2,258$895$-45$3,108
Conferences and Meetings$2,971--$2,971
Other Expenses$2,417$313$137$2,417
Pension Plan Contributions$170$38$3$211
Grants to Domestic Orgs$200--$200
Interest-$20-$20
Total Functional Expenses$475,815$51,934$9,750$537,499
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
No

Governance Explanations

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

Proposed changes in By-laws to comprehensively outline (a) staggered terms of board members and (b) job descriptions for elected officers.Changes were unanimously approved with clarifications regarding the definition of books and records.To become compliant with the amended By-laws, staggered terms were established for all board members.

Form 990, Part VI, Line 11B: Form 990 Review Process

The chair, treasurer/secretary and ceo shall review and approve electronically.if there are any concerns, we will meet in person and file an extension if necessary to give time for discussion.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annual Statements. Each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person:(1) has received a copy of the conflicts of interest policy,(2) has read and understands the policy,(3) has agreed to comply with the policy, and(4) understands the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.Periodic Reviews. To ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects:(1) Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arms-length bargaining.(2) Whether partnerships, joint ventures, and arrangements with management organizations conform to the corporations written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurement, impermissible private benefit, or in an excess benefit transaction.Use of Outside Experts. When conducting the periodic reviews the corporation may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board or compensation committee shall obtain and rely upon appropriate data as to comparability prior to approving the terms of compensation. Appropriate data may include the following:compensation levels paid by similarly situated organizations, both taxable and tax-exempt, for functionally comparable positions. "Similarly situated" organizations are those of a similar size and purpose and with similar resourcesthe availability of similar services in the geographic area of this organizationcurrent compensation surveys compiled by independent firmsactual written offers from similar institutions competing for the services of the person who is the subject of the compensation arrangement.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST TO ANY INDIVIDUALS THAT REQUEST IT AT NO CHARGE OR SUBJECT TO THE CHARGES PERMITTED by LAW.Request can be made in person, via email or fax or on website. We are registered on Guidestar and can also direct people to that link to view it

Filing and Contact Details

Filer

EIN
27-3309190
Phone
5205915821

Signing Officer

Name
Becky G Farley
Title
CEO/Founder
Signed
2014-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Becky Farley
Formed
2010
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
8
Employees
9
Volunteers
60

Preparer

Preparer
Michael J Devries
Phone
5208863181
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