Civic Intelligence

Institute of Neuromodulation

EIN 46-1893505 • 501(c)3 • Chicago, IL

Pub. 78 Eligible990-N Coverage

Profile

The mission of the Institute of Neuromodulation is to support multidisciplinary collaboration among patients, clinicians, scientists, engineers, and others to advance neuromodulation through research and education.

111 N Wabash Ave Suite 100Chicago, IL 60602

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-404%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

23rd percentile

-38%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

5.3%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$36,003

Down $22,500 (-38%) from 2022

Liabilities

Down

$0

Down $580 (-100%) from 2022

Net Assets

Down

$36,003

Down $21,920 (-38%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin5th percentile

Revenue

Up

$5,425

Up $275 (+5.3%) from 2022

Expenses

Down

$27,345

Down $19,495 (-42%) from 2022

Net Income

Up

-$21,920

Up $19,770 (+47%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $149,958Liabilities 2014: $16,8602014Assets 2015: $170,067Liabilities 2015: $40,4182015Assets 2016: $127,480Liabilities 2016: $3,2932016Assets 2017: $189,838Liabilities 2017: $4152017Assets 2018: $173,303Liabilities 2018: $24,6702018Assets 2019: $212,984Liabilities 2019: $1,0432019Assets 2020: $156,552Liabilities 2020: $1,025Net Assets 2020: $155,5272020Assets 2021: $99,824Liabilities 2021: $211Net Assets 2021: $99,6132021Assets 2022: $58,503Liabilities 2022: $580Net Assets 2022: $57,9232022Assets 2023: $36,003Liabilities 2023: $0Net Assets 2023: $36,0032023

Highlighted filing

2023

Assets$36,003
Liabilities$0
Net Assets$36,003
Open 2023 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $16,902Net Income 2014: -$16,9022014Revenue 2015: $36,980Expenses 2015: $40,429Net Income 2015: -$3,4492015Revenue 2016: $27,225Expenses 2016: $32,687Net Income 2016: -$5,4622016Revenue 2017: $101,272Expenses 2017: $36,036Net Income 2017: $65,2362017Revenue 2018: $7,000Expenses 2018: $47,790Net Income 2018: -$40,7902018Revenue 2019: $92,483Expenses 2019: $29,175Net Income 2019: $63,3082019Revenue 2020: $5,310Expenses 2020: $61,724Net Income 2020: -$56,4142020Revenue 2021: $5,270Expenses 2021: $61,184Net Income 2021: -$55,9142021Revenue 2022: $5,150Expenses 2022: $46,840Net Income 2022: -$41,6902022Revenue 2023: $5,425Expenses 2023: $27,345Net Income 2023: -$21,9202023

Highlighted filing

2023

Revenue$5,425
Expenses$27,345
Net Income-$21,920
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,003
Liabilities
$0
Net assets
$36,003
Revenue
$5,425
Expenses
$27,345
Net income
-$21,920
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.05$0.27$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.59$0.01$0.58$0.05$0.47$0.42
2021Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.05$0.61$0.56
2020Detailed filing. Detailed filing data is available for this year.$1.57$0.01$1.56$0.05$0.62$0.56
2019Summary only. Only limited summary data is available for this year.$2.13$0.01$0.92$0.29$0.63
2018Summary only. Only limited summary data is available for this year.$1.73$0.25$0.07$0.48$0.41
2017Summary only. Only limited summary data is available for this year.$1.90$0.00$1.01$0.36$0.65
2016Summary only. Only limited summary data is available for this year.$1.27$0.03$0.27$0.33$0.05
2015Summary only. Only limited summary data is available for this year.$1.70$0.40$0.37$0.40$0.03
2014Summary only. Only limited summary data is available for this year.$1.50$0.17$0.00$0.17$0.17
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 29, 2024
Return Version
2022v5.0
Gross Receipts
$5,425
Mission and Program Overview

Mission

The mission of the Institute of Neuromodulation is to support multidisciplinary collaboration among patients, clinicians, scientists, engineers, and others to advance neuromodulation through research and education.

Program Services

DescriptionGrantsExpenses
SUPPORT MULTIDISCIPLINARY COLLABORATION AMONG PATIENTS, CLINICIANS, SCIENTISTS, ENGINEERS, AND OTHERS TO ADVANCE NEUROMODULATION THROUGH RESEARCH AND EDUCATION.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAWRENCE POREEPresident-$0--
PETER KONRADVice President-$0--
PIERRE D'HAESESecretary And Treasurer-$0--
RICHARD NORTHPast President-$0--
ALI REZAIFounding President-$0--
Filing and Contact Details

Filer

Filer Name
Institute of Neuromodulation
EIN
46-1893505
Phone
8473754700
Address
111 N WABASH AVE SUITE 100, CHICAGO, IL 60602

Signing Officer

Name
Lawrence Poree
Title
President
Phone
8473754700
Signed
2024-01-29
Discuss with paid preparer
Yes

Preparer

Firm
Porte Brown LLC
Address
845 OAKTON STREET, ELK GROVE VILLAGE, IL 60007
Preparer
Megan Angle
Phone
8479561040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: insurance . Amount: 720. Description: travel . Amount: 1,707. Description: administration . Amount: 19,275. Description: office . Amount: 956. Total to form 990-ez, line 16: 22,658.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: accounts receivable . Beg. Of year amount: 4,994. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable and accrued expenses. Beg. Of year amount: 580. End of year amount: 0.”

Raw XML Appendix167 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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