Neurotexas Institute Research Foundation Inc
- Assets
- $0.0
- Revenue
- $56.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- Data as of
- 12/2017
- EIN
- 27-1289413
Organization Overview
Neurotexas Institute Research Foundation Inc is located in Austin, TX.
For the year ending 12/2017, Neurotexas Institute Research Foundation Inc generated $56.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (56.6%) each year. All expenses for the organization totaled $12.4k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (73.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WOUND UP ITS AFFAIRS AND VOLUNTARILY DISSOLVED IN ACCORDANCE WITH THE PROVISIONS OF CHAPTER 11 OF THE TEXAS BUSINESS ORGANIZATIONS CODE. CONSISTENT WITH THE FOUNDATION'S PLAN OF VOLUNTARY DISSOLUTION, IT GIFTED CERTAIN EQUIPMENT TO THE UNIVERSITY OF TEXAS AT AUSTIN (UT) AND UT DESIRED TO ACCEPT SUCH EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Perez Treasurer | 2 | $0 | |
Matthew Cowperthwaite Secretary | 2 | $0 | |
Douglas J Fox MD Trustee | 1 | $0 | |
Jack Hart PHD Trustee | 1 | $0 | |
Bruce Todd Trustee | 1 | $0 | |
K Michael Webb MD Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $56,320 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $5,925 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6 |
| Total operating and administrative expenses | $11,181 |
| Contributions, gifts, grants paid | $1,253 |
| Total expenses and disbursements | $12,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |