Foundation For Neurologic Diseases Inc (EIN 043015469) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

Dennis Selkoe President

Phone

9784650008

Tax Period

2023-01-01 to 2023-12-31

Foundation For Neurologic Diseases Inc, founded in 1998, is a community nonprofit in the Medical Research sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $4.5M exceeded revenue, resulting in a 84% operating deficit.

Mission

The Foundation is dedicated to finding the causes of and providing treatments for complex, chronic diseases that prematurely destroys Brain Function. Focus is on Alzheimers, Multiple Sclerosis and Parkinsons disease.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $630,011

Program Service Revenue $1,476,976

Investment Income $326,496

Other Revenue $0

TOTAL REVENUE $2,433,483

Expense Breakdown

Grants Paid $770,000

Salaries & Benefits $569,306

Fundraising Expenses $62,776

Program Expenses $4,183,839

Other Expenses $3,138,439

TOTAL EXPENSES $4,477,745

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,433,483	$4,406,988	-0.4%
Expenses	$4,477,745	$2,853,966	+0.6%
Net Income	$-2,044,262	$1,553,022	-2.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$478,893

Total Directors

$319,706

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dennis J Selkoe	President	40.00	Officer Director	$252,706	$0	$252,706
Howard L Weiner	Treasurer	10.00	Officer Director	$67,000	$0	$67,000
Jon G Auerbach	Director	1.00	Director	$0	$0	$0
Andrew Bounas	Director	1.00	Director	$0	$0	$0
Joanne S Chertok	Director	1.00	Director	$0	$0	$0
Philip M Friedmann	Director	1.00	Director	$0	$0	$0
Shirley S Siff	Director	1.00	Director	$0	$0	$0
Karen Hodge	Executive Director	40.00	Officer	$159,187	$0	$159,187

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,433,483	$4,477,745	$38,388,817	$-2,044,262
2022	$4,406,988	$2,853,966	$29,946,123	$1,553,022
2021	$7,178,078	$3,186,715	$42,372,654	$3,991,363
2020	$105,665	$2,778,832	$36,668,539	$-2,673,167
2019	$2,872,788	$3,902,565	$36,543,266	$-1,029,777
2018	$859,149	$2,831,646	$32,704,546	$-1,972,497

Foundation For Neurologic Diseases Inc