Civic Intelligence

Neurolipid Research Foundation

990EZ • Fiscal year 2019 • EIN 80-0496243

Jan 01, 2019 to Dec 31, 2019 • Filed on May 18, 2020

5 Osprey DriveMillville, NJ 08332

(856) 431-5505

Siviq Scores

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

Liabilities / Assets

84th percentile

0.20x

Higher debt load relative to assets than 84% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

8.79x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-2496%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

13th percentile

-37%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

789%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$86,662

Down $49,923 (-37%) from 2018

Net Assets

Down

$69,083

Down $49,923 (-42%) from 2018

Liabilities

Flat

$17,579

Flat from 2018

Revenue

Up

$2,000

Up $1,775 (+789%) from 2018

Expenses

Up

$51,923

Up $19,717 (+61%) from 2018

Net Income

Down

-$49,923

Down $17,942 (-56%) from 2018

Historical Trend

Balance Sheet Trend

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

2019

Assets$86,662
Liabilities$17,579
Net Assets$69,083

Operations Trend

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

2019

Revenue$2,000
Expenses$51,923
Net Income-$49,923
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 18, 2020
Return Version
2019v5.1
Gross Receipts
$2,000
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

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward KaneChairman/CEO/DirectorPT$0--
Patricia KanePres/Corp Sec/DirectorPT$0--
Herbert Pierce IIIVice President/DirectorPT$0--
Krishna DoniparthiDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Neurolipid Research Foundation
EIN
80-0496243
Phone
8564315505
Address
5 Osprey Drive, Millville, NJ 08332

Signing Officer

Name
Edward Kane
Title
CEO
Phone
8568258338
Signed
2020-05-18
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: 367. Description: Office Supplies. Amount: 2,622. Description: Insurance. Amount: 2,403. Description: Security. Amount: 167. Description: Utilities. Amount: 2,345. Description: Training. Amount: 44. Description: Travel. Amount: 928. Description: Marketing. Amount: 448. Description: Taxes. Amount: 5,728. Total to Form 990-EZ, line 16: 15,052.

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

Description: Loan Receivable - Membrane Pharma. Beg. of Year Amount: 30,000. End of Year Amount: 30,000. Description: Office Construction. Beg. of Year Amount: 0. End of Year Amount: 51,992.

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

Description: Due to BodyBio, Inc.. Beg. of Year Amount: 17,579. End of Year Amount: 17,579.

Raw XML Appendix156 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/BusinessNameLine1Txt0Herbert Pierce III
IRS990EZ/BooksInCareOfDetail/PhoneNum08564315505
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05 Osprey Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Millville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008332
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0106585
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0119006
IRS990EZ/NetAssetsOrFundBalancesEOYAmt069083
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0119006
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt069083
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Edward Kane
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Patricia Kane
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Krishna Doniparthi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman/CEO/Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Pres/Corp Sec/Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President/Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt015052
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/ProgramServiceRevenueAmt02000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0No grant funds have been received.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt017579
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt017579
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt02000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0neurolipid-research.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0225
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0102987
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0105212
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0105212
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0102987
IRS990ScheduleA/Total509Grp/TotalAmt0105212
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0225
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0102987
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0105212
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Office Expense. Amount: 367. Description: Office Supplies. Amount: 2,622. Description: Insurance. Amount: 2,403. Description: Security. Amount: 167. Description: Utilities. Amount: 2,345. Description: Training. Amount: 44. Description: Travel. Amount: 928. Description: Marketing. Amount: 448. Description: Taxes. Amount: 5,728. Total to Form 990-EZ, line 16: 15,052.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Loan Receivable - Membrane Pharma. Beg. of Year Amount: 30,000. End of Year Amount: 30,000. Description: Office Construction. Beg. of Year Amount: 0. End of Year Amount: 51,992.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Due to BodyBio, Inc.. Beg. of Year Amount: 17,579. 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/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Edward Kane
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08568258338
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Neurolipid Research Foundation
ReturnHeader/Filer/BusinessNameControlTxt0NEUR
ReturnHeader/Filer/EIN0800496243
ReturnHeader/Filer/PhoneNum08564315505
ReturnHeader/Filer/USAddress/AddressLine1Txt05 Osprey Drive
ReturnHeader/Filer/USAddress/CityNm0Millville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
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ReturnHeader/FilingSecurityInformation/IPDt02020-05-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:41:59
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/PreparationDt02020-05-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael D Vittorini CPA
ReturnHeader/ReturnTs02020-05-18T09:49:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings