Harvard Neurodiscovery Center Inc
- Assets
- $1.9m
- Revenue
- $93.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 04/2001
- Data as of
- 06/2022
- EIN
- 31-1745145
Organization Overview
Harvard Neurodiscovery Center Inc is located in Boston, MA. The organization was established in 2001. According to its NTEE Classification (H96) the organization is classified as: Neurology & Neuroscience Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harvard Neurodiscovery Center Inc 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 06/2022, Harvard Neurodiscovery Center Inc generated $93.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (54.6%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Harvard Neurodiscovery Center Inc has awarded 30 individual grants totaling $4,924,263. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEUROSCIENCE-RELATED RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL RESEARCH PROGRAMS, INCLUDING, BUT NOT LIMITED TO, THE LABORATORY FOR DRUG DISCOVERY NEURODEGENERATION PROGRAM, THE 3T MRI AND PET PROGRAM, THE BIOMARKER PROGRAM, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Q Daley MD President | OfficerTrustee | 1 | $0 |
Michael E Greenberg Trustee | Trustee | 1 | $0 |
Jeffrey W Harper Trustee | Trustee | 1 | $0 |
Barbara Mcneil MD Former President | 0 | $0 | |
Jeffrey S Flier MD Former President | 0 | $0 | |
David Smallwood Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,401 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,401 |
| Total Program Service Revenue | $0 |
| Investment income | $3,201 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$360 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,242 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,389,175 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $45,442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $44,030 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,484,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $637,198 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $95,386 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,205,404 |
| Total assets | $1,937,988 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | -$19,197,187 |
| Net assets with donor restrictions | $21,135,175 |
| 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 | $1,937,988 |
Grants Awarded
Over the last fiscal year, Harvard Neurodiscovery Center Inc has awarded $1,389,174 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
HMS - PRESIDENT & FELLOWS OF HARVARD COLLEGE PURPOSE: GRANTS FOR RESEARCH PROGRAMS | $571,134 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: GRANTS FOR RESEARCH PROGRAMS | $89,171 |
BOSTON UNIVERSITY PURPOSE: GRANTS FOR RESEARCH PROGRAMS | $189,573 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: GRANTS FOR RESEARCH PROGRAMS | $193,424 |
DANA FARBER CANCER INSTITUTE PURPOSE: GRANTS FOR RESEARCH PROGRAMS | $64,886 |
BOSTON CHILDRENS HOSPITAL PURPOSE: GRANTS FOR RESEARCH PROGRAMS | $162,869 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Winifred Masterson Burke Medical Research White Plains, NY | $7,862,877 | $14,526,927 |
Institute For Neurodegenerative Disorders Inc New Haven, CT | $6,387,631 | $12,127,200 |
Regenerative Research Foundation Rensselaer, NY | $5,981,949 | $7,532,149 |
Foundation For Neurologic Diseases Newburyport, MA | $29,946,123 | $4,406,988 |
Dent Neurosciences Research Center Inc Amherst, NY | $4,849,310 | $2,556,784 |
Harvard Neurodiscovery Center Inc Boston, MA | $1,937,988 | $93,242 |
Sumaira Foundation Somerville, MA | $457,112 | $1,457,691 |
Pediatric Neurotransmitter Disease Association Inc Farmingdale, NY | $0 | $2,481 |
International Behavioural And Neural Genetics Society Corporatio Wakefield, MA | $171,226 | $0 |
Pediatric Neurocritical Care Research Group Inc New York, NY | $65,075 | $0 |
Thames Neurological Institute Inc Norwich, CT | $2,632 | $13,042 |
Chiari & Syringomyelia Research Foundation Inc West Seneca, NY | $336,876 | $0 |
Alliance For The Study Of Cognitive Disorders Inc New York, NY | $150,973 | $0 |