Civic Intelligence

Neurolipid Research Foundation

990EZ • Fiscal year 2018 • EIN 80-0496243

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 25, 2019

Organization ProfileN/A
5 Osprey DriveMillville, NJ 08332

(856) 825-8338

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

78.13x

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

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

Net Margin

1st percentile

-14214%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

21st percentile

-19%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$136,585

Down $31,370 (-19%) from 2017

Net Assets

Down

$119,006

Down $31,981 (-21%) from 2017

Liabilities

Up

$17,579

Up $611 (+3.6%) from 2017

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$225

Up $225 from 2017

Expenses

Up

$32,206

Up $16,770 (+109%) from 2017

Net Income

Down

-$31,981

Down $16,545 (-107%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$300K$200K$100K$0-$100KAssets 2011: $350Liabilities 2011: $6,7802011Assets 2012: $350Liabilities 2012: $02012Assets 2013: $350Net Assets 2013: $3502013Assets 2014: $103,500Net Assets 2014: $103,5002014Assets 2015: $206,487Liabilities 2015: $02015Assets 2016: $179,616Net Assets 2016: $179,6162016Assets 2017: $167,955Liabilities 2017: $16,968Net Assets 2017: $150,9872017Assets 2018: $136,585Liabilities 2018: $17,579Net Assets 2018: $119,0062018Assets 2019: $86,662Liabilities 2019: $17,579Net Assets 2019: $69,0832019Assets 2020: $65,224Liabilities 2020: $115,695Net Assets 2020: -$50,4712020

Highlighted filing

2018

Assets$136,585
Liabilities$17,579
Net Assets$119,006
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $02013Revenue 2014: $103,1502014Revenue 2015: $102,987Expenses 2015: $0Net Income 2015: $102,9872015Revenue 2016: $0Expenses 2016: $26,871Net Income 2016: -$26,8712016Revenue 2017: $0Expenses 2017: $15,436Net Income 2017: -$15,4362017Revenue 2018: $225Expenses 2018: $32,206Net Income 2018: -$31,9812018Revenue 2019: $2,000Expenses 2019: $51,923Net Income 2019: -$49,9232019Revenue 2020: $1,070,224Expenses 2020: $1,189,778Net Income 2020: -$119,5542020

Highlighted filing

2018

Revenue$225
Expenses$32,206
Net Income-$31,981
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 25, 2019
Return Version
2018v3.1
Gross Receipts
$225
Mission and Program Overview

Mission

Charitable, educational, scientific, religious, and culturalorganizations purposes

The corporation is organized exclusively for charitable, educational, scientific, religious, and cultural organizations purposes, including for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any federal tax code.

Program Services

DescriptionGrantsExpenses
No grant funds have been received.$0$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward KaneChairman/CEOPT$0--
Patricia KaneVice Pres/Corp SecPT$0--
Paul R PoreccaDirector/Reg AgentPT$0--
Filing and Contact Details

Filer

Filer Name
Neurolipid Research Foundation
EIN
80-0496243
Phone
8568258338
Address
5 Osprey Drive, Millville, NJ 08332

Signing Officer

Name
Edward Kane
Title
CEO
Phone
8568258338
Signed
2019-07-25
Discuss with paid preparer
Yes

Preparer

Firm
Athey & Company CPA PA
Address
1015 North Pearl Street, Bridgeton, NJ 08302-1211
Preparer
Michael D Vittorini CPA
Phone
8564518277
Supplemental Narrative

Additional Explanations

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

“Description: Office Expense. Amount: 1,412. Description: Office Supplies. Amount: 5,113. Description: Insurance. Amount: 163. Total to Form 990-EZ, line 16: 6,688.”

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

“Description: Loan Receivable - Membrane Pharma. Beg. of Year Amount: 0. End of Year Amount: 30,000.”

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

“Description: Due to BodyBio, Inc.. Beg. of Year Amount: 16,968. End of Year Amount: 17,579.”

Raw XML Appendix147 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Paul R Porrecca
IRS990EZ/BooksInCareOfDetail/PhoneNum08568258338
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt045 Reese Rd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Millville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008332
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0167955
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0106585
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-31981
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt025124
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0167955
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0136585
IRS990EZ/GrossReceiptsAmt0225
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0150987
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0119006
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0150987
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0119006
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Edward Kane
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Patricia Kane
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Paul R Porecca
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman/CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Pres/Corp Sec
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director/Reg Agent
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt030000
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06688
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The corporation is organized exclusively for charitable, educational, scientific, religious, and cultural organizations purposes, including for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any federal tax code.
IRS990EZ/PrintingPublicationsPostageAmt0394
IRS990EZ/ProgramServiceRevenueAmt0225
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0No grant funds have been received.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt016968
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt017579
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt032206
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0225
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0225
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0102987
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0103212
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0103212
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0102987
IRS990ScheduleA/Total509Grp/TotalAmt0103212
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0225
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0102987
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0103212
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Office Expense. Amount: 1,412. Description: Office Supplies. Amount: 5,113. Description: Insurance. Amount: 163. Total to Form 990-EZ, line 16: 6,688.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Loan Receivable - Membrane Pharma. Beg. of Year Amount: 0. End of Year Amount: 30,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Due to BodyBio, Inc.. Beg. of Year Amount: 16,968. End of Year Amount: 17,579.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Edward Kane
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08568258338
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Neurolipid Research Foundation
ReturnHeader/Filer/BusinessNameControlTxt0NEUR
ReturnHeader/Filer/EIN0800496243
ReturnHeader/Filer/PhoneNum08568258338
ReturnHeader/Filer/USAddress/AddressLine1Txt05 Osprey Drive
ReturnHeader/Filer/USAddress/CityNm0Millville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008332
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0758A656505875497E6A95297FACF2878DB6B4B66
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0ABCD34C2C765C1388F1F9A217C4C406218E48B17
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.146.235.81
ReturnHeader/FilingSecurityInformation/IPDt02019-07-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:57:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222107560
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Athey & Company CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01015 North Pearl Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bridgeton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0083021211
ReturnHeader/PreparerPersonGrp/PhoneNum08564518277
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael D Vittorini CPA
ReturnHeader/ReturnTs02019-07-25T15:04:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$136,585
Liabilities
$17,579
Net assets
$119,006
Revenue
$225
Expenses
$32,206
Net income
-$31,981
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.12$0.05$1.07$1.19$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.02$0.07$0.00$0.05$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.14$0.02$0.12$0.00$0.03$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$0.00$0.02$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.00$0.03$0.03
2015Summary only. Only limited summary data is available for this year.$0.21$0.00$0.10$0.00$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.01$0.00$0.00$0.00