Field Neuroscience Institute
- Assets
- $13.0m
- Revenue
- $544.9k
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 02/1988
- Data as of
- 06/2021
- EIN
- 38-2790703
Organization Overview
Field Neuroscience Institute, operating under the name Ascension Field Neurosciences Institute Fni, is located in St Louis, MO. The organization was established in 1988. According to its NTEE Classification (G96) the organization is classified as: Neurology & Neuroscience, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ascension Field Neurosciences Institute Fni 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 06/2021, Ascension Field Neurosciences Institute Fni generated $544.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $674.7k during the year ending 06/2021. While expenses have increased by 4.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 ENHANCE & SUPPORT IN THE PROVISION OF NEUROLOGICAL & RELATED SERVICES & RESEARCH TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIELD NEUROSCIENCES INSTITUTE IS FORMED TO ORGANIZE FUNDRAISING EFFORTS TO ENHANCE, SUPPORT, AND MAINTAIN HEALTH CARE PROVIDERS AND INSTITUTIONS IN THE PROVISION OF NEUROLOGICAL AND RELATED SERVICES AND RESEARCH. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer (end 11/2017) | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,450 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $105,702 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,152 |
| Total Program Service Revenue | $0 |
| Investment income | $433,752 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $544,904 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $55,358 |
| Grants and other assistance to domestic individuals. | $2,836 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $60,509 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50,300 |
| Office expenses | $2,214 |
| Information technology | $185 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $273 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,835 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,723 |
| Insurance | $0 |
| All other expenses | $1,242 |
| Total functional expenses | $674,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $772,478 |
| Pledges and grants receivable | $0 |
| 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 | $135,600 |
| Investments—publicly traded securities | $9,440,562 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,677,362 |
| Total assets | $13,026,002 |
| Accounts payable and accrued expenses | $45,142 |
| 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 | $53,368 |
| Total liabilities | $98,510 |
| Net assets without donor restrictions | $3,954,980 |
| Net assets with donor restrictions | $8,972,512 |
| 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 | $13,026,002 |
Grants Awarded
Over the last fiscal year, Field Neuroscience Institute has awarded $100,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
University Center, MI PURPOSE: set up lab for testing treatments for alzheimer's, huntington's and parkinson's diseases | $50,000 |
Mount Pleasant, MI PURPOSE: ADULT STEM CELL RESEARCH | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Field Neuroscience Institute has recieved totaling $41,450.
| Awarding Organization | Amount |
|---|---|
Saginaw Community Foundation Saginaw, MI PURPOSE: DISTRIBUTION/SUPPORT | $36,000 |
Ascension St Marys Foundation St Louis, MO PURPOSE: GENERAL SUPPORT | $5,450 |
Endowment Analysis
| Beg. Balance | $389,652 |
| Earnings | $19,156 |
| Ending Balance | $408,808 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North American Spine Society Burr Ridge, IL | $20,521,276 | $5,638,073 |
Congress Of Neurological Surgeons Inc University Of Michigan Schaumburg, IL | $32,303,742 | $11,051,813 |
Neurocritical Care Society Inc Chicago, IL | $5,988,928 | $3,798,882 |
American College Of Neuropsychopharmacology Inc Brentwood, TN | $21,198,783 | $3,872,941 |
Field Neuroscience Institute St Louis, MO | $13,026,002 | $544,904 |
American Society Of Neurophysiological Monitoring Lombard, IL | $372,354 | $351,641 |
Nextstep Kansas City Overland Park, KS | $175,381 | $401,229 |
Hope Happens Inc Saint Louis, MO | $251,604 | $298,233 |
Neurorecovery Learning Inc Louisville, KY | $85,822 | $94,721 |
Society For The Neural Control Of Movement Chicago, IL | $378,666 | $107,047 |
Margaret Hackett Family Center Nfp Chicago, IL | $1,459,432 | $47,871 |
Illinois State Neurological Society Quincy, IL | $70,791 | $0 |