Neurorights Foundation Inc
Nonprofit profile at a glance
- EIN
- 871466237
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- New York, NY, USA
- Phone
- 9175789588
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Human Rights
Reported finances
- Revenue
- $125,170
- Expenses
- $104,158
- Assets
- $44,114
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- RAFAEL YUSTE (CHAIRMAN/PRESIDENT)
People named in this filing
- RAFAEL YUSTE (CHAIRMAN/PRESIDENT)
- JARED GENSER (GENERAL COUNSEL)
- JAMIE DAVES (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 review existing consumer neurotechnology products with consumerreports and to establish a privacy and human rights frameworks for the use of neurotechnology and brain data along with other emerging technologies such as ai, surveillance & robotics.
What it reported doing in 2024
Publication of 100+ page report analyzing data practices and user rights of consumer neurotechnology products, potentially viewed by thousands of consumers.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 100
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.7%; rating input score 72
- Program expense ratio: 86.1%; rating input score 86
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: 16.8%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -12.4% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 62.5% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 71.7% of revenue deployed · 86.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $90K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 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.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.