Civic Intelligence

Neuro-Acupuncture Institute Inc

EIN 47-4648623 • 501(c)3 • Santa Fe, NM

Profile

To promote, educate and train medical practitioners specializing in acupuncture techniques to enable them to use specialize procedures in the treatment of patients with serious diseases

1807 Second Street Suite 64Santa Fe, NM 87505

www.neuro-acupuncture.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.00x

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

NTEE B01 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.00x

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

NTEE B01 • <$500k nonprofits • Source year 2023

Net Margin

27th percentile

-3.0%

Higher net margin than 27% of similar nonprofits.

NTEE B01 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE B01 • <$500k nonprofits • Source year 2023

Asset Growth

35th percentile

-4.2%

Faster asset growth than 35% of similar nonprofits.

NTEE B01 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

71st percentile

28%

Faster revenue growth than 71% of similar nonprofits.

NTEE B01 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$199,869

Down $8,782 (-4.2%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$199,869

Down $8,782 (-4.2%) from 2022

Revenue

Up

$291,355

Up $64,278 (+28%) from 2022

Expenses

Up

$300,137

Up $102,010 (+51%) from 2022

Net Income

Down

-$8,782

Down $37,732 (-130%) from 2022

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2016: $0Liabilities 2016: $02016Assets 2017: $141,438Liabilities 2017: $116,412Net Assets 2017: $25,0262017Assets 2018: $209,342Liabilities 2018: $182,890Net Assets 2018: $26,4522018Assets 2019: $122,047Liabilities 2019: $0Net Assets 2019: $122,0472019Assets 2020: $96,307Liabilities 2020: $0Net Assets 2020: $96,3072020Assets 2021: $179,701Liabilities 2021: $0Net Assets 2021: $179,7012021Assets 2022: $208,651Liabilities 2022: $0Net Assets 2022: $208,6512022Assets 2023: $199,869Liabilities 2023: $0Net Assets 2023: $199,8692023

Highlighted filing

2023

Assets$199,869
Liabilities$0
Net Assets$199,869

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $332,532Expenses 2017: $353,091Net Income 2017: -$20,5592017Revenue 2018: $430,631Expenses 2018: $429,205Net Income 2018: $1,4262018Revenue 2019: $400,787Expenses 2019: $305,192Net Income 2019: $95,5952019Revenue 2020: $142,868Expenses 2020: $168,608Net Income 2020: -$25,7402020Revenue 2021: $287,436Expenses 2021: $204,042Net Income 2021: $83,3942021Revenue 2022: $227,077Expenses 2022: $198,127Net Income 2022: $28,9502022Revenue 2023: $291,355Expenses 2023: $300,137Net Income 2023: -$8,7822023

Highlighted filing

2023

Revenue$291,355
Expenses$300,137
Net Income-$8,782

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 7, 2024
Return Version
2023v5.0
Gross Receipts
$291,355
Mission and Program Overview

Mission

To promote, educate and train medical practitioners specializing in acupuncture techniques to enable them to use specialize procedures in the treatment of patients with serious diseases

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$205,268$197,238▼ $8,030
Land, Buildings, and Equipment, Net$2,383$1,631▼ $752
Total Assets$208,651$199,869▼ $8,782
Other Assets Total$1,000$1,000→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$162,993$199,869▲ $36,876
Net Assets With Donor Restrictions$45,658--
Total Net Assets Fund Balance$208,651$199,869▼ $8,782
Total Liabilities and Net Assets / Fund Balance$208,651$199,869▼ $8,782

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,631$2,132$3,763
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Jason HaoPresident
Dr Zhizhong NanDirector
Helen HeekinDirector
Linda HaoDirector
Stephen a HubertDirector
Dr David RosenFormer Direc
Ioannis SolosSecretary
Justin GreeneTreasurer
Dr Sunil PaiVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$44,337
Program Service Revenue
$247,018
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-8,782
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$211,762
Salaries, Compensation, and Employee Benefits$88,375
Total Fundraising Expense$6,291
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$83,554$2,408$5,890$91,852
Other Salaries and Wages$57,375$24,589-$81,964
Office Expenses$10,357$11,028-$21,385
Fees for Services Accounting-$15,020-$15,020
Occupancy$8,663$5,232-$13,895
All Other Expenses$11,038$2,786-$13,824
Insurance$8,869$2,628-$11,497
Payroll Taxes$4,488$1,923-$6,411
Other Expenses$3,228--$3,228
Advertising$1,990-$401$2,391
Depreciation Depletion-$752-$752
Total Functional Expenses$227,480$66,366$6,291$300,137
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising and$44,337---
Total Events$44,337---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jason Jishum HaoPresidentTeachingNo-
Justin GreeneTreasureBoard Member FeeNo-
Linda HaoDirectorTeachingNo-
Sunil PaiVice PresidentTeachingNo-
Thomas HodgeSecretaryTeachingNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Members are board of directors members are volunteers and are confirmed by vote of the board of directors

Form 990, Page 6, Part VI, Line 7B

Major management decisions are reviewed and ratified by the board of directors

Form 990, Page 6, Part VI, Line 9

Dr jason hao 10151 montgomery blvd ne albuquerque, nm 87111 dr sunil pai 9001 holly ave albuquerque , nm 87122 justin greene 611 campana place santa fe, nm 87501 ioannis solos 1807 second street santa fe, nm 87505 stephen a hubert 107 hayride road las cruces, nm 88007 dr zhizhong nan 5791 aspen court greenwood , co 80121 helen heekin 3557 bayard drive cincinnati, oh 45208 linda hao 10151 montgomery blvd, ne albuquerque, nm 87111 dr david rosen 1807 second street santa fe, nm 87505

Form 990, Page 6, Part VI, Line 11B

Form 990 is submitted to the board of directors for their review

Form 990, Page 6, Part VI, Line 15A

Management's compensation is reviewed by the board of directors teaching compensation for instructor is reviewed by the board of directors

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Form 990, Part VII

Officer or director are compensated on 1099

Filing and Contact Details

Filer

Filer Name
Neuro-acupuncture Institute Inc
EIN
47-4648623
Phone
5053100053
Address
1807 SECOND STREET SUITE 64, SANTA FE, NM 87505

Signing Officer

Name
Dr Jason Hao
Title
President
Phone
5059307148
Signed
2024-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Sunil Pai
Formed
2015
Legal Domicile
Nm
Voting Board Members
9
Independent Board Members
9
Employees
1

Preparer

Firm
Fristoe and Company Pa
Address
780 SOUTH WALNUT BUILDING 6, LAS CRUCES, NM 88001-1425
Preparer
Norman L Fristoe CPA
Phone
5755272067
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers are all board of director members

Form 990, Part IX, Line 11G

Training seminars instructional services 64,170 0 0 filming for trainings 13,734 0 0 meals for instructors 1,961 0 0 lodging for instructors 1,700 0 0 transport for instructors 1,989 0 0 professional fees 0 2,408 0 professional fees 0 0 5,890 total 83,554 2,408 5,890

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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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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JASON JISHUM HAO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1JUSTIN GREENE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2LINDA HAO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm3SUNIL PAI
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm4THOMAS HODGE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1TREASURE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3VICE PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt4SECRETARY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd4false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0TEACHING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1BOARD MEMBER FEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2TEACHING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3TEACHING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc4TEACHING
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt01. DR JASON HAO WHO IS THE PRESIDENT OF THE BOARD TEACHES SEVERAL CLASSES DURING THE "TRAINNING SEMINARS- AND IS COMPENSATED FOR HIS TEACHINGS IN THE CALENDAR YEAR BEING REPORTED 2. LINDA HAO WHO IS ON THE BOARD TEACHES SEVERAL CLASSES DURING THE "TRAINNING SEMINARS- AND IS COMPENSATED FOR HER TEACHINGS IN THE CALENDAR YEAR BEING REPORTED
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ARE ALL BOARD OF DIRECTOR MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ARE BOARD OF DIRECTORS MEMBERS ARE VOLUNTEERS AND ARE CONFIRMED BY VOTE OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MAJOR MANAGEMENT DECISIONS ARE REVIEWED AND RATIFIED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DR JASON HAO 10151 MONTGOMERY BLVD NE ALBUQUERQUE, NM 87111 DR SUNIL PAI 9001 HOLLY AVE ALBUQUERQUE , NM 87122 JUSTIN GREENE 611 CAMPANA PLACE SANTA FE, NM 87501 IOANNIS SOLOS 1807 SECOND STREET SANTA FE, NM 87505 STEPHEN A HUBERT 107 HAYRIDE ROAD LAS CRUCES, NM 88007 DR ZHIZHONG NAN 5791 ASPEN COURT GREENWOOD , CO 80121 HELEN HEEKIN 3557 BAYARD DRIVE CINCINNATI, OH 45208 LINDA HAO 10151 MONTGOMERY BLVD, NE ALBUQUERQUE, NM 87111 DR DAVID ROSEN 1807 SECOND STREET SANTA FE, NM 87505
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MANAGEMENT'S COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS TEACHING COMPENSATION FOR INSTRUCTOR IS REVIEWED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OFFICER OR DIRECTOR ARE COMPENSATED ON 1099
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TRAINING SEMINARS INSTRUCTIONAL SERVICES 64,170 0 0 FILMING FOR TRAININGS 13,734 0 0 MEALS FOR INSTRUCTORS 1,961 0 0 LODGING FOR INSTRUCTORS 1,700 0 0 TRANSPORT FOR INSTRUCTORS 1,989 0 0 PROFESSIONAL FEES 0 2,408 0 PROFESSIONAL FEES 0 0 5,890 TOTAL 83,554 2,408 5,890
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0208651
IRS990/TotalAssetsEOYAmt0199869
IRS990/TotalAssetsGrp/BOYAmt0208651
IRS990/TotalAssetsGrp/EOYAmt0199869
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt044337
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06291
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt066366
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0227480
IRS990/TotalFunctionalExpensesGrp/TotalAmt0300137
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0208651
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0199869
IRS990/TotalProgramServiceExpensesAmt0227480
IRS990/TotalProgramServiceRevenueAmt0247018
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0247018
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0291355
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0208651
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0199869
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt09001 HOLLY AVE
IRS990/USAddress/AddressLine2Txt0SUITE B
IRS990/USAddress/CityNm0ALBUQUERQUE
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087122
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.NEURO-ACUPUNCTURE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR JASON HAO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05059307148
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEURO-ACUPUNCTURE INSTITUTE INC
ReturnHeader/Filer/BusinessNameControlTxt0NEUR
ReturnHeader/Filer/EIN0474648623
ReturnHeader/Filer/PhoneNum05053100053
ReturnHeader/Filer/USAddress/AddressLine1Txt01807 SECOND STREET SUITE 64
ReturnHeader/Filer/USAddress/CityNm0SANTA FE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087505
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850354781
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRISTOE AND COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0780 SOUTH WALNUT BUILDING 6
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS CRUCES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0880011425
ReturnHeader/PreparerPersonGrp/PhoneNum05755272067
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NORMAN L FRISTOE CPA
ReturnHeader/ReturnTs02024-11-15T16:22:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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