California Institute For Neuro-Innovations is located in Santa Barbara, CA. The organization was established in 2013. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Institute For Neuro-Innovations 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 12/2017, California Institute For Neuro-Innovations generated $41.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (53.1%) each year. All expenses for the organization totaled $50.8k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (44.5%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
RESEARCH: TO BUILD A NEW ERA OF NEUROVASCULAR RESEARCH WITH DIRECT, RATHER THAN THEORETICAL APPLICATIONS, LEADING TO RESEARCH RESULTS THAT ARE IMMEDIATELY APPLICABLE TO THOSE WITH STROKES OR OTHER BRAIN TRAUMA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alois Zauner President | 5 | $0 | |
Robert Thielscher Secretary, Treasurer | 5 | $0 | |
Satoshi Tateshima Director | 5 | $0 | |
Ryszard Pluta Director | 5 | $0 | |
M Ross Bullock Director | 5 | $0 | |
David Smith Executive Director | 40 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,478 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,497 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $14,370 |
| Occupancy, rent, utilities, and maintenance | $33,694 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,751 |
| Total expenses | $50,815 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,245 |
| Other assets | $0 |
| Total assets | $13,245 |
| Total liabilities | $246 |
| Net assets or fund balances | $12,999 |