Civic Intelligence

Colorado Neurological Institute

EIN 84-1100975 • 501(c)3 • Englewood, CO

Profile

The mission of the colorado neurological institute is to enhance the delivery of personalized, comprehensive and state-of-the-art care to individuals with neurological conditions through coordinated research, patient services, and education.

750 West Hampden Ave Suite 400Englewood, CO 80110

www.thecni.org

Siviq Scores

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

Liabilities / Assets

84th percentile

0.24x

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

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

Liabilities / Revenue

91st percentile

0.42x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

26th percentile

-15%

Higher net margin than 26% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

13th percentile

-84%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

6th percentile

-94%

Faster revenue growth than 6% of similar nonprofits.

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

Assets

Down

$90,641

Down $465,550 (-84%) from 2018

Liabilities

Down

$21,412

Down $4,284 (-17%) from 2018

Net Assets

Down

$69,229

Down $461,266 (-87%) from 2018

Revenue

Down

$50,553

Down $800,905 (-94%) from 2018

Expenses

Down

$58,140

Down $1,338,583 (-96%) from 2018

Net Income

Up

-$7,587

Up $537,678 (+99%) from 2018

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,999,014Liabilities 2010: $220,914Net Assets 2010: $2,778,1002010Assets 2011: $2,563,144Liabilities 2011: $193,966Net Assets 2011: $2,369,1782011Assets 2012: $2,385,696Liabilities 2012: $210,547Net Assets 2012: $2,175,1492012Assets 2013: $2,350,137Liabilities 2013: $323,930Net Assets 2013: $2,026,2072013Assets 2014: $1,938,521Liabilities 2014: $222,708Net Assets 2014: $1,715,8132014Assets 2015: $1,725,515Liabilities 2015: $313,183Net Assets 2015: $1,412,3322015Assets 2016: $1,797,107Liabilities 2016: $278,704Net Assets 2016: $1,518,4032016Assets 2017: $1,548,264Liabilities 2017: $197,463Net Assets 2017: $1,350,8012017Assets 2018: $556,191Liabilities 2018: $25,696Net Assets 2018: $530,4952018Assets 2019: $90,641Liabilities 2019: $21,412Net Assets 2019: $69,2292019

Highlighted filing

2019

Assets$90,641
Liabilities$21,412
Net Assets$69,229

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $3,604,7632010Expenses 2011: $3,211,9152011Expenses 2012: $2,886,6442012Revenue 2013: $2,845,402Expenses 2013: $2,994,344Net Income 2013: -$148,9422013Revenue 2014: $2,232,891Expenses 2014: $2,543,285Net Income 2014: -$310,3942014Revenue 2015: $1,934,922Expenses 2015: $2,238,403Net Income 2015: -$303,4812015Revenue 2016: $2,587,524Expenses 2016: $2,481,453Net Income 2016: $106,0712016Revenue 2017: $2,428,493Expenses 2017: $2,596,095Net Income 2017: -$167,6022017Revenue 2018: $851,458Expenses 2018: $1,396,723Net Income 2018: -$545,2652018Revenue 2019: $50,553Expenses 2019: $58,140Net Income 2019: -$7,5872019

Highlighted filing

2019

Revenue$50,553
Expenses$58,140
Net Income-$7,587

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.0
Gross Receipts
$50,553
Mission and Program Overview

Mission

The mission of the colorado neurological institute is to enhance the delivery of personalized, comprehensive and state-of-the-art care to individuals with neurological conditions through coordinated research, patient services, and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$404,564--
Land, Buildings, and Equipment, Net$68,627$68,627→ $0
Accounts Receivable$28,176--
Cash and Non-Interest-Bearing Accounts$54,824$22,014▼ $32,810
Total Assets$556,191$90,641▼ $465,550
Liabilities
Other Liabilities$21,412$21,412→ $0
Accounts Payable and Accrued Expenses$4,284--
Total Liabilities$25,696$21,412▼ $4,284
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$530,495$69,229▼ $461,266
Total Net Assets Fund Balance$530,495$69,229▼ $461,266
Total Liabilities and Net Assets / Fund Balance$556,191$90,641▼ $465,550

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$68,627$524,843$593,470

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,106,688-▼ $13,521$275,041$404,564
2017$1,040,505-▲ $66,184-$1,106,688
2016$1,163,234-▲ $16,260-$1,040,505
2015$1,188,994-▼ $20,240-$1,163,234
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,332
Program Service Revenue
$14,003
Investment Income
$34,218
Other Revenue
$0
All Other Contributions
$2,332
Change in Net Assets
$-7,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$58,140
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-$21,294-$21,294
Office Expenses$1,196--$1,196
Fees for Services Accounting-$1,025-$1,025
Other Expenses$35,561$-936-$-936
Total Functional Expenses$36,757$21,383$0$58,140
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
-lease Liability-$21,412
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

MEMBERS

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

The medical membership meets annually to elect officers to the medical advisory board (mab). The president and vice president of the mab serve as members of the cni board of directors.

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

Our auditors, taylor roth and company, pllc, prepare a draft of the form 990. The finance director of our organization reviews the draft, makes corrections, additions and clarifications. The executive director then reviews the draft along with the finance director, and they discuss making any additional changes. If there are questions, the finance director, executive director and the auditors work together to answer the questions as accurately as possible. At least one day before the meeting of the executive committee the final draft is sent by email to the members of the executive committee for their review and comments. Executive committee reviews and recommends filing of the form 990.

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

The executive committee uses information from salary surveys conducted by mountain states employers council, achievement of mutually agreed upon goals, budgetary constraints and closed session group discussion without the executive director present to set the next year's salary and determine the size of any bonus to be given. Deliberations are recorded and kept in the executive director's personnel file.

Form 990, Page 6, Part VI, Line 19

All documents and policies are available to the public upon request. Form 990 is also available on the www.givingfirst.org web site.

Filing and Contact Details

Filer

Filer Name
Colorado Neurological Institute
EIN
84-1100975
Phone
3037884010
Address
750 WEST HAMPDEN AVE SUITE 400, ENGLEWOOD, CO 80110

Signing Officer

Name
Elizabeth Mathies
Title
President
Phone
3037884010
Signed
2020-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Mathies
Formed
1988
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
11
Employees
0

Preparer

Firm
Taylor Roth and Company
Address
800 GRANT ST STE 205, DENVER, CO 80203-2944
Preparer
Diane K Granger
Phone
3038308109
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the colorado neurological institute is to enhance the delivery of personalized, comprehensive and state-of-the-art care to individuals with neurological conditions through coordinated research, patient services, and education.

Form 990, Part IX, Line 11G

Contract service 0 21,294 0

Form 990, Part XI, Line 9

Asset transfer -453,679 assets were transferred according to the governing documents, as part of the dissolution of the organization. The transfers are detailed on the schedule n.

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0SCHOOL OF MEDICINE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1MOVEMENT DISORDERS FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2SWEDISH MEDICAL CENTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt0UNIVERSITY OF COLORADO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02019-02-28
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12019-10-24
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22019-03-31
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt270397
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt013001 E 17TH PLACE
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2501 E HAMPDEN AVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine2Txt0BUILDING 500 N2229
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0AURORA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1ENGLEWOOD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2ENGLEWOOD
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0ELIZABETH MATHIES WAS THE PRESIDENT OF THE BOARD AT CNI. SHE IS ALSO A BOARD MEMBER AT THE MOVEMENT DISORDERS FOUNDATION. PART OF THE ASSETS OF CNI WERE TRANSFERRED TO THE MDF, AS THE ENTITIES HAVE SIMILAR MISSIONS. DR GARY VAN DER ARK WILL BE SUPPORTING A LECTURESHIP PROGRAM AT THE UNIVERSITY OF COLORADO SCHOOL OF MEDICINE USING A TRANSFER FROM CNI. DR CHUCK LIVSEY WILL BE CONTINUING HIS EPILEPSY RESEARCH USING A TRANSFER FROM CNI.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 1, PART I, LINE 2E
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE COLORADO NEUROLOGICAL INSTITUTE IS TO ENHANCE THE DELIVERY OF PERSONALIZED, COMPREHENSIVE AND STATE-OF-THE-ART CARE TO INDIVIDUALS WITH NEUROLOGICAL CONDITIONS THROUGH COORDINATED RESEARCH, PATIENT SERVICES, AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEDICAL MEMBERSHIP MEETS ANNUALLY TO ELECT OFFICERS TO THE MEDICAL ADVISORY BOARD (MAB). THE PRESIDENT AND VICE PRESIDENT OF THE MAB SERVE AS MEMBERS OF THE CNI BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUR AUDITORS, TAYLOR ROTH AND COMPANY, PLLC, PREPARE A DRAFT OF THE FORM 990. THE FINANCE DIRECTOR OF OUR ORGANIZATION REVIEWS THE DRAFT, MAKES CORRECTIONS, ADDITIONS AND CLARIFICATIONS. THE EXECUTIVE DIRECTOR THEN REVIEWS THE DRAFT ALONG WITH THE FINANCE DIRECTOR, AND THEY DISCUSS MAKING ANY ADDITIONAL CHANGES. IF THERE ARE QUESTIONS, THE FINANCE DIRECTOR, EXECUTIVE DIRECTOR AND THE AUDITORS WORK TOGETHER TO ANSWER THE QUESTIONS AS ACCURATELY AS POSSIBLE. AT LEAST ONE DAY BEFORE THE MEETING OF THE EXECUTIVE COMMITTEE THE FINAL DRAFT IS SENT BY EMAIL TO THE MEMBERS OF THE EXECUTIVE COMMITTEE FOR THEIR REVIEW AND COMMENTS. EXECUTIVE COMMITTEE REVIEWS AND RECOMMENDS FILING OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE COMMITTEE USES INFORMATION FROM SALARY SURVEYS CONDUCTED BY MOUNTAIN STATES EMPLOYERS COUNCIL, ACHIEVEMENT OF MUTUALLY AGREED UPON GOALS, BUDGETARY CONSTRAINTS AND CLOSED SESSION GROUP DISCUSSION WITHOUT THE EXECUTIVE DIRECTOR PRESENT TO SET THE NEXT YEAR'S SALARY AND DETERMINE THE SIZE OF ANY BONUS TO BE GIVEN. DELIBERATIONS ARE RECORDED AND KEPT IN THE EXECUTIVE DIRECTOR'S PERSONNEL FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS AND POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS ALSO AVAILABLE ON THE WWW.GIVINGFIRST.ORG WEB SITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACT SERVICE 0 21,294 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ASSET TRANSFER -453,679 ASSETS WERE TRANSFERRED ACCORDING TO THE GOVERNING DOCUMENTS, AS PART OF THE DISSOLUTION OF THE ORGANIZATION. THE TRANSFERS ARE DETAILED ON THE SCHEDULE N.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH MATHIES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03037884010
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLORADO NEUROLOGICAL INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0COLO
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