Neuromodulation Foundation Incorporated
Nonprofit profile at a glance
- EIN
- 260633120
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Baltimore, MD, USA
- Phone
- 4102357490
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Voluntary Health Associations & Medical Disciplines N.E.C.
Reported finances
- Revenue
- $39,037
- Expenses
- $44,137
- Assets
- $517
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Richard B North MD (President)
- J Peter Gaskins (Vice President)
- Jane Ball Entwisle Shipley (Executive Director Secretary Treasurer)
People named in this filing
- Richard B North MD (President)
- J Peter Gaskins (Vice President)
- Jane Ball Entwisle Shipley (Executive Director Secretary Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To contribute to the improvement of the health and well-being of patients suffering from various debilitating neurological and medical conditions by providing education about the medical therapy known as neuromodulation and by reporting the results of scientific research in the field of neuromodulation.
What it reported doing in 2024
The Foundation wrote, edited, and published scientific information related to neuromodulation; provided web-based educational services to physicians and their patients via the Foundation's website (wikistim.org); made presentations at scientific conferences; and offered consulting services to other nonprofits involved in neuromodulation. All of these activities were to further the Foundations research and educational goals.
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 23
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -13.1%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 82.4%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -26% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -24.9% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -75.3% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $44K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.