Civic Intelligence

Kansas University Neurological

EIN 48-0938889 • 501(c)3 • Kansas City, KS

Profile

Organization provides medical education to students and residents, provides patient care, and conducts research.

3901 Rainbow Blvd Mail Stop 2012Kansas City, KS 66160
Siviq Scores

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

Liabilities / Assets

99th percentile

16.74x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

100th percentile

247.34x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

2nd percentile

-1740%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-54%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$4,182

Down $4,923 (-54%) from 2017

Liabilities

Flat

$69,998

Flat from 2017

Net Assets

Down

-$65,816

Down $4,923 (-8.1%) from 2017

Revenue

Down

$283

Down $61,557 (-100%) from 2017

Expenses

Down

$5,206

Down $2,124 (-29%) from 2017

Net Income

Down

-$4,923

Down $59,433 (-109%) from 2017

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,089,226Liabilities 2010: $130,953Net Assets 2010: $958,2732010Assets 2011: $1,792,073Liabilities 2011: $132,702Net Assets 2011: $1,659,3712011Assets 2012: $2,389,526Liabilities 2012: $134,208Net Assets 2012: $2,255,3182012Assets 2013: $2,656,838Liabilities 2013: $195,131Net Assets 2013: $2,461,7072013Assets 2014: $2,777,499Liabilities 2014: $187,433Net Assets 2014: $2,590,0662014Assets 2015: $2,067,849Liabilities 2015: $191,335Net Assets 2015: $1,876,5142015Assets 2016: $25,334Liabilities 2016: $69,998Net Assets 2016: -$44,6642016Assets 2017: $9,105Liabilities 2017: $69,998Net Assets 2017: -$60,8932017Assets 2018: $4,182Liabilities 2018: $69,998Net Assets 2018: -$65,8162018

Highlighted filing

2018

Assets$4,182
Liabilities$69,998
Net Assets-$65,816

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,644,2712010Expenses 2011: $2,697,2132011Expenses 2012: $3,499,9492012Expenses 2013: $4,700,2092013Revenue 2014: $7,169,119Expenses 2014: $7,040,760Net Income 2014: $128,3592014Revenue 2015: $7,362,630Expenses 2015: $8,076,182Net Income 2015: -$713,5522015Revenue 2016: $3,977,865Expenses 2016: $5,119,758Net Income 2016: -$1,141,8932016Revenue 2017: $61,840Expenses 2017: $7,330Net Income 2017: $54,5102017Revenue 2018: $283Expenses 2018: $5,206Net Income 2018: -$4,9232018

Highlighted filing

2018

Revenue$283
Expenses$5,206
Net Income-$4,923

Filings

Latest Detailed Filing

The latest 2018 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$61,840
Mission and Program Overview

Mission

Organization provides medical education to students and residents, patient care and conducts research.

Organization provides medical education to students and residents, provides patient care, and conducts research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$11,603$8,948▼ $2,655
Accounts Receivable$13,731$157▼ $13,574
Total Assets$25,334$9,105▼ $16,229
Liabilities
Other Liabilities$69,998$69,998→ $0
Total Liabilities$69,998$69,998→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$-44,664$-60,893▼ $16,229
Total Net Assets Fund Balance$-44,664$-60,893▼ $16,229
Total Liabilities and Net Assets / Fund Balance$25,334$9,105▼ $16,229
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary GronsethPresident
Richard DubinskySecretary
Richard BarohnVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$61,840
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$54,510
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,330
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$2,750-$2,750
Other Expenses-$2,490-$2,490
Insurance$2,090--$2,090
Total Functional Expenses$2,090$5,240$0$7,330
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
Kuea Payable$69,998
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Kansas university neurological foundation has members rather than stockholders.

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

The kansas university neurological foundation has as its members the full- time faculty of the department of the neurology at the university of kansas school of medicine.

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

Certain actions and decisions of the board of trustees are subject to approval by all of the members at its annual meeting.

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

The form 990 is prepared and reviewed by an outside accountant, then sent to the organization's officers and accounting personnel for review. After any changes, the updated return is then sent to the board for review and comments. Once reviewed by the board and all questions and comments have been addressed, the final form 990 is provided to the board prior to filing with the tax authorities.

Form 990, Page 6, Part VI, Line 12C

Members review and sign the conflict of interest policy during the first quarter of each calendar year. Any potential conflicts are disclosed and resolved at that time.

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

No current compensation was paid to officers by organization. The top official does not receive a salary as top official, but as a physician. Physician salaries are reviewed annually by the board and approved by the executive dean. Base compensation is based on the american association of medical colleges median benchmark for the specific academic rank, specialty, productivity and years of service of the employee.

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

No current compensation was paid to officers by organization. Physician salaries are reviewed annually by the board and approved by the executive dean. Base compensation is based on the american association of medical colleges median benchmark for the specific academic rank, specialty, productivity and years of service of the employee.

Form 990, Page 6, Part VI, Line 19

The kansas university neurological foundation provides upon written request presented at its office: its original form 1023, its latest form 990, its conflict of interest policy and its latest audited financial statements within 10 business days of the receipt of such request.

Filing and Contact Details

Filer

Filer Name
Kansas University Neurological
EIN
48-0938889
Phone
9135886970
Address
3901 RAINBOW BLVD MAIL STOP 2012, KANSAS CITY, KS 66160

Signing Officer

Name
Gary Gronseth
Title
President
Phone
9135886970
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Gronseth
Formed
1982
Legal Domicile
Ks
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Cornerstone CPA Group LLC
Address
6420 WEST 95TH STREET SUITE 202, OVERLAND PARK, KS 66212
Preparer
Jennifer D Magyar CPA
Phone
9133818350
Supplemental Narrative

Additional Explanations

Form 990, Part XI

The foundation has signed an agreement to transfer all of its activities, assets, liabilities and fund balances into a new integrated clinical enterprise. The new enterprise is kansas university physicians (ein 48- 1163756) and is a 501(c)(3) exempt entity. The foundation began transferring some of its assets to this new enterprise during fye june 30, 2016. The existing entity will be dissolved once all transfers to the new enterprise are complete.

Form 990, Part XI, Line 9

Transfer of assets - sch n -70,739

Raw XML Appendix317 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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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OperateHospitalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KANSAS UNIVERSITY NEUROLOGICAL FOUNDATION HAS MEMBERS RATHER THAN STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE KANSAS UNIVERSITY NEUROLOGICAL FOUNDATION HAS AS ITS MEMBERS THE FULL- TIME FACULTY OF THE DEPARTMENT OF THE NEUROLOGY AT THE UNIVERSITY OF KANSAS SCHOOL OF MEDICINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN ACTIONS AND DECISIONS OF THE BOARD OF TRUSTEES ARE SUBJECT TO APPROVAL BY ALL OF THE MEMBERS AT ITS ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED AND REVIEWED BY AN OUTSIDE ACCOUNTANT, THEN SENT TO THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL FOR REVIEW. AFTER ANY CHANGES, THE UPDATED RETURN IS THEN SENT TO THE BOARD FOR REVIEW AND COMMENTS. ONCE REVIEWED BY THE BOARD AND ALL QUESTIONS AND COMMENTS HAVE BEEN ADDRESSED, THE FINAL FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE TAX AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY DURING THE FIRST QUARTER OF EACH CALENDAR YEAR. ANY POTENTIAL CONFLICTS ARE DISCLOSED AND RESOLVED AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CURRENT COMPENSATION WAS PAID TO OFFICERS BY ORGANIZATION. THE TOP OFFICIAL DOES NOT RECEIVE A SALARY AS TOP OFFICIAL, BUT AS A PHYSICIAN. PHYSICIAN SALARIES ARE REVIEWED ANNUALLY BY THE BOARD AND APPROVED BY THE EXECUTIVE DEAN. BASE COMPENSATION IS BASED ON THE AMERICAN ASSOCIATION OF MEDICAL COLLEGES MEDIAN BENCHMARK FOR THE SPECIFIC ACADEMIC RANK, SPECIALTY, PRODUCTIVITY AND YEARS OF SERVICE OF THE EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO CURRENT COMPENSATION WAS PAID TO OFFICERS BY ORGANIZATION. PHYSICIAN SALARIES ARE REVIEWED ANNUALLY BY THE BOARD AND APPROVED BY THE EXECUTIVE DEAN. BASE COMPENSATION IS BASED ON THE AMERICAN ASSOCIATION OF MEDICAL COLLEGES MEDIAN BENCHMARK FOR THE SPECIFIC ACADEMIC RANK, SPECIALTY, PRODUCTIVITY AND YEARS OF SERVICE OF THE EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE KANSAS UNIVERSITY NEUROLOGICAL FOUNDATION PROVIDES UPON WRITTEN REQUEST PRESENTED AT ITS OFFICE: ITS ORIGINAL FORM 1023, ITS LATEST FORM 990, ITS CONFLICT OF INTEREST POLICY AND ITS LATEST AUDITED FINANCIAL STATEMENTS WITHIN 10 BUSINESS DAYS OF THE RECEIPT OF SUCH REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE FOUNDATION HAS SIGNED AN AGREEMENT TO TRANSFER ALL OF ITS ACTIVITIES, ASSETS, LIABILITIES AND FUND BALANCES INTO A NEW INTEGRATED CLINICAL ENTERPRISE. THE NEW ENTERPRISE IS KANSAS UNIVERSITY PHYSICIANS (EIN 48- 1163756) AND IS A 501(C)(3) EXEMPT ENTITY. THE FOUNDATION BEGAN TRANSFERRING SOME OF ITS ASSETS TO THIS NEW ENTERPRISE DURING FYE JUNE 30, 2016. THE EXISTING ENTITY WILL BE DISSOLVED ONCE ALL TRANSFERS TO THE NEW ENTERPRISE ARE COMPLETE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TRANSFER OF ASSETS - SCH N -70,739
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt025334
IRS990/TotalAssetsEOYAmt09105
IRS990/TotalAssetsGrp/BOYAmt025334
IRS990/TotalAssetsGrp/EOYAmt09105
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05240
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02090
IRS990/TotalFunctionalExpensesGrp/TotalAmt07330
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt069998
IRS990/TotalLiabilitiesEOYAmt069998
IRS990/TotalLiabilitiesGrp/BOYAmt069998
IRS990/TotalLiabilitiesGrp/EOYAmt069998
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-44664
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-60893
IRS990/TotalProgramServiceExpensesAmt02090
IRS990/TotalProgramServiceRevenueAmt061840
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt061840
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt061840
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt025334
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09105
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-44664
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-60893
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03901 RAINBOW
IRS990/USAddress/CityNm0KANSAS CITY
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd066160
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY GRONSETH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09135886970
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KANSAS UNIVERSITY NEUROLOGICAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KANS
ReturnHeader/Filer/EIN0480938889
ReturnHeader/Filer/PhoneNum09135886970
ReturnHeader/Filer/USAddress/AddressLine1Txt03901 RAINBOW BLVD MAIL STOP 2012
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd066160
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07F96481C5B530990C7F638757D70C235DB316E18
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07F96481C5B530990C7F638757D70C235DB316E18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461716255
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORNERSTONE CPA GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06420 WEST 95TH STREET SUITE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OVERLAND PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066212
ReturnHeader/PreparerPersonGrp/PhoneNum09133818350
ReturnHeader/PreparerPersonGrp/PreparationDt02017-12-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER D MAGYAR CPA
ReturnHeader/ReturnTs02017-12-22T08:19:23-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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