Neuro Vitality Foundation
- Assets
- $2.3m
- Revenue
- $67.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Springs, CA
- Founding
- 10/2011
- Data as of
- 06/2020
- EIN
- 45-2460205
Organization Overview
Neuro Vitality Foundation is located in Palm Springs, CA. The organization was established in 2011. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neuro Vitality Foundation 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 06/2020, Neuro Vitality Foundation generated $67.0k 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 (25.9%) each year. All expenses for the organization totaled $8.2k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (50.0%) per year over the past 5 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE, INVEST, MONITOR, AND DISPURSE FUNDS FOR THE BENEFIT OF THE STROKE RECOVERY CENTER DBA NEURO VITALITY CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RAISE AND INVEST FUNDS FOR THE STROKE RECOVERY CENTER DBA NEURO VITALITY CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Greer Secretary | OfficerTrustee | 1 | $0 |
Bob Fey President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Investment income | $16,969 |
| 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 | $66,969 |
| Statement of Expenses | |
|---|---|
| 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 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 | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,199 |
| Fees for services: Other | $25 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,010 |
| Savings and temporary cash investments | $0 |
| 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 | $1,704,507 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $557,440 |
| Total assets | $2,262,957 |
| 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 | $2,262,957 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,262,957 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Neuro Vitality Foundation has recieved totaling $830,000.
| Awarding Organization | Amount |
|---|---|
Inland Empire Community Foundation Riverside, CA PURPOSE: Agency Distribution for Construction Costs | $250,000 |
Inland Empire Community Foundation Riverside, CA PURPOSE: Agency Distribution | $200,000 |
Inland Empire Community Foundation Riverside, CA PURPOSE: Agency Distribution | $100,000 |
Inland Empire Community Foundation Riverside, CA PURPOSE: Agency Distribution for Construction Costs | $100,000 |
Inland Empire Community Foundation Riverside, CA PURPOSE: Agency Distribution | $70,000 |
Inland Empire Community Foundation Riverside, CA PURPOSE: Agency Distribution | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Healthcare Of California Orange, CA | $509,065,328 | $34,175,929 |
Healthcare Transitional Funding Corp Glendale, AZ | $463,333 | $25,480 |
Community Clinics Health Network San Diego, CA | $1,366,120 | $5,859,898 |
Health First Foundation-Northern Arizona Flagstaff, AZ | $53,020,022 | $5,292,258 |
Legacy Health Endowment Turlock, CA | $0 | $3,113,073 |
Oregon Rural Health Initiative Portland, OR | $7,029,575 | $4,022,932 |
Beyond Type1 San Mateo, CA | $30,549,065 | $31,598,966 |
Dignity Health Foundation San Francisco, CA | $14,808,045 | $3,116,398 |
1800 Harrison Foundation Oakland, CA | $99,963,163 | $3,526,957 |
Sutter Roseville Medical Center Foundation Sacramento, CA | $6,503,666 | $2,319,842 |
Victoria Project Inc Santa Barbara, CA | $23,587 | $2,203,083 |
Sisters Of St Joseph Healthcare Foundation Orange, CA | $43,895,728 | $27,200 |