Fitms Neurobalance Center Nfp
- Assets
- $4.6m
- Revenue
- $532.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Barrington, IL
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 27-3849152
Organization Overview
Fitms Neurobalance Center Nfp is located in Barrington, IL. The organization was established in 2011. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Fitms Neurobalance Center Nfp employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fitms Neurobalance Center Nfp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Fitms Neurobalance Center Nfp generated $532.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $699.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION, HEALTHCARE, FITNESS, RESEARCH, SUPPORT AND COMMUNITY UNDER ONE ROOF TO THOSE LIVING WITH NEUROMUSCULAR AND AUTOIMMUNE CONDITIONS THAT THREATEN INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THE NEUROBALANCE CENTER COMPLETED THE FOURTH FULL YEAR OF SERVICES IN THE NEW BUILDING. THE CONCEPT OF PROVIDING MULTIPLE SERVICES AT ONE LOCATION WERE ABLE TO BE PROVIDED THROUGHTOUT THE YEAR WHILE FOLLOWING ANY RESTRICTIONS BY GOVERNMENT REGULATIONS AS MANY OF OUR CLIENTELE ARE IMMUNO-COMPROMISED. THE SERVICES OFFERED IN 2021, INCLUDED FITNESS, WELLNESS, EDUCATION AND SOCIAL COMMUNITY. MAJOR SERVICES PROVIDED INCLUDE GROUP FITNESS CLASSES, INDIVIDUAL TRAINING, MASSAGE THERAPY ALONG WITH FUNCTIONAL MEDICINE. NBC HAS TWO VANS TO PROVIDE TRANSPORTATION TO CLIENTS THAT NEED TRANSPORTATION TO AND FROM THE CENTER. ALL SERVICES ARE PERFORMED BY OUR HIGHLY TRAINED TEAM IN A STATE OF THE ART ADA COMPLIANT FACILITY. ALL OF THE SERVICES AT THE NEUROBALANCE CENTER ARE GEARED TO PEOPLE WITH AUTOIMMUNE, NEUROLOGICAL AND MOBILITY CHALLENGES. FUNDRAISING HAS ALLOWED NBC TO MAINTAIN ITS OPERATIONS THROUGHOUT 2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy Wagner President | Officer | 40 | $85,000 |
Scott Farrell Director Of Finance | Officer | 1 | $48,319 |
Thomas Burns Chairman | OfficerTrustee | 10 | $0 |
Ray Lapinas Secretary | OfficerTrustee | 1 | $0 |
John L Gigerich Treasurer | OfficerTrustee | 5 | $0 |
Joseph Matty Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $182,416 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $259,220 |
| Noncash contributions included in lines 1a–1f | $9,226 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $441,636 |
| Total Program Service Revenue | $91,113 |
| Investment income | $944 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,005 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $532,688 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,319 |
| Compensation of current officers, directors, key employees. | $73,819 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,601 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,967 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,991 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,165 |
| Advertising and promotion | $9,894 |
| Office expenses | $4,837 |
| Information technology | $6,108 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $140,304 |
| Insurance | $10,203 |
| All other expenses | $43,259 |
| Total functional expenses | $699,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,757 |
| Savings and temporary cash investments | $1,902,310 |
| Pledges and grants receivable | $22,031 |
| Accounts receivable, net | $8,731 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,603 |
| Net Land, buildings, and equipment | $2,612,924 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,562,356 |
| Accounts payable and accrued expenses | $14,424 |
| Grants payable | $0 |
| Deferred revenue | $15,049 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,473 |
| Net assets without donor restrictions | $4,493,862 |
| Net assets with donor restrictions | $39,021 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,562,356 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Fitms Neurobalance Center Nfp has recieved totaling $93,486.
| Awarding Organization | Amount |
|---|---|
Canning Foundation Chicago, IL PURPOSE: TO FURTHER PROGRAM SERVICES | $50,000 |
Willow Springs Charitable Tr Mt Carroll, IL PURPOSE: GENERAL PURPOSE | $25,000 |
Barrington Area Community Foundation Barrington, IL PURPOSE: CONCUSSION TREATMENT | $10,000 |
Foglia Family Foundation Chicago, IL PURPOSE: GENERAL CHARITABLE PURPOSES | $5,141 |
Paine Family Foundation Corp Kenilworth, IL PURPOSE: GENERAL CHARITABLE | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $245 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Easter Seals Metropolitan Chicago Inc Chicago, IL | $52,933,837 | $63,344,234 |
Easter Seals Inc Chicago, IL | $42,430,356 | $63,436,744 |
Rehabilitation Hospital Of Indiana Inc Indianapolis, IN | $33,903,801 | $47,733,425 |
Anthony Wayne Rehabilitation Center For Handicapped & Blind Fort Wayne, IN | $35,673,589 | $47,181,775 |
The Bleeding And Clotting Disorders Institute Peoria, IL | $23,778,045 | $34,385,899 |
Southeastern Kentucky Rehabilitation Industries Inc Corbin, KY | $28,420,684 | $26,543,661 |
Childserve Habilitation Center Inc Johnston, IA | $49,396,260 | $29,761,825 |
Crossroads Rehabilitation Center Inc Indianapolis, IN | $48,026,427 | $26,710,244 |
Easter Seals Rehabilitation Center Inc Evansville, IN | $16,503,144 | $18,998,640 |
Tradewinds Services Inc Merrillville, IN | $15,998,577 | $14,758,971 |
Easter Seal Society Of Iowa Inc Des Moines, IA | $17,196,874 | $13,866,049 |
Macon Resources Inc Decatur, IL | $25,094,647 | $13,837,379 |