Neuro Challenge Foundation Inc
Nonprofit profile at a glance
- EIN
- 262311656
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Sarasota, FL, USA
- Phone
- 9419266413
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Biomedicine, Bioengineering
Reported finances
- Revenue
- $893,876
- Expenses
- $720,265
- Assets
- $721,513
- Liabilities
- $39,718
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- CYNTHIA MILLER (CHAIR)
- ALFRED PANDL (VICE CHAIR)
- ROGER TREGELLES (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the quality of life for people with parkinson's and their caregivers, today.
What it reported doing in 2024
Therapeutic programs: ncf monthly therapeutic programs provide the most up-to-date ways to improve quality of life with various therapies and activities. People with parkinson's can take part in these programs, specific to their chronic disease and physician recommendations, to learn ways to help themselves, free of charge. Programs include: exercise, yoga and meditation, creative writing, expressive arts, and more. Other accomplishments: we are excited and honored to announce that through a competitive process, ncf was selected to participate in the patterson foundation's margin and mission ignition initiative to create and implement a social enterprise for earned revenue. Ncf raised startup funding to launch a revenue producing initiative called the neuro challenge network. This new business model focuses on educating the medical community and allied health care professionals to work more effectively with people with parkinson's and will generate a sustainable source of income to support this expansion. The first three training modules are currently in the pilot phase with test partners and will be offered to the public in the second quarter of 2022.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 92
- Accountability: 94
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.6%; rating input score 73
- Program expense ratio: 90.3%; rating input score 90
- Fundraising efficiency: $60.27 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 19.4%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 1; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 9.3% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 7.9% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 72.6% of revenue deployed · 90.3% of spending went to programs
- Governance: 9 of 9 board members independent · 6 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $650K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 35 of 35 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.