Civic Intelligence

Neurocuresny Inc

EIN 83-2364981 • 501(c)3 • White Plains, NY

Profile

NeuroCuresNY is an innovative neurological clinical trial network aimed at curing chronic disabilities caused by stroke and other neurological disorders. Our mission is to develop state of the art approaches in treatment and recovery for patients with neurological impairments

785 Mamaroneck AveWhite Plains, NY 10605-2523
Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2021

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

14th percentile

-68%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$206,057

Down $442,823 (-68%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$206,057

Down $442,823 (-68%) from 2020

Revenue

Down

$0

Down $1,500,000 (-100%) from 2020

Expenses

Down

$442,823

Down $408,297 (-48%) from 2020

Net Income

Down

-$442,823

Down $1,091,703 (-168%) from 2020

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2018: $1Liabilities 2018: $02018Assets 2019: $1Liabilities 2019: $02019Assets 2020: $648,880Liabilities 2020: $0Net Assets 2020: $648,8802020Assets 2021: $206,057Liabilities 2021: $0Net Assets 2021: $206,0572021

Highlighted filing

2021

Assets$206,057
Liabilities$0
Net Assets$206,057

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $1,500,000Expenses 2020: $851,120Net Income 2020: $648,8802020Revenue 2021: $0Expenses 2021: $442,823Net Income 2021: -$442,8232021

Highlighted filing

2021

Revenue$0
Expenses$442,823
Net Income-$442,823

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 25, 2023
Return Version
2021v4.0
Gross Receipts
$0
Mission and Program Overview

Mission

NeuroCuresNY is an innovative neurological clinical trial network aimed at curing chronic disabilities caused by stroke and other neurological disorders. Our mission is to develop state of the art approaches in treatment and recovery for patients with neurological impairments

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$648,880$206,057▼ $442,823
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$648,880$206,057▼ $442,823
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$648,880$206,057▼ $442,823
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$648,880$206,057▼ $442,823
Total Liabilities and Net Assets / Fund Balance$648,880$206,057▼ $442,823
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
ClintrexConsulting2 North Tamiami Trail, Suite 308, Sarasota, FL 34236$390,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-442,823
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$442,823
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 Other$390,000$0$0$390,000
Insurance$36,592$0$0$36,592
Fees for Services Legal$9,886$0$0$9,886
Office Expenses$3,202$0$0$3,202
Fees for Services Accounting$2,970$0$0$2,970
Information Technology$173$0$0$173
Total Functional Expenses$442,823$0$0$442,823
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

IRS form 99- was prepared by the Interim Director of Finance and reviewed by the Executive Director

Part VI, Line 19

The organization is newly founded so the general public has no knowledge of NeuroCuresNY but should any requests come into the organization we will provide any of the aforementioned documents.

Filing and Contact Details

Filer

Filer Name
Neurocuresny Inc
EIN
83-2364981
In Care Of
% Cristina Falo
Phone
9143683135
Address
785 MAMARONECK AVE, WHITE PLAINS, NY 10605-2523

Signing Officer

Name
John Leahy
Title
Interim Director of Finance
Signed
2023-03-25
Discuss with paid preparer
No

Organization Details

Formed
2018
Legal Domicile
De
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
20
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