Charlotte Neuroscience Foundation DBA Memory and Movement Charlotte

EIN: 464329944 501(c)(3) Diseases & Disorders

Charlotte, NC

Total Revenue
$5,381,118
Total Expenses
$4,320,558
Total Assets
$4,179,996
Net Assets
$2,770,072
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NC
Principal Officer
Janet LeClair
Phone
7045773186
Tax Period
2024-07-01 to 2025-06-30

Charlotte Neuroscience Foundation DBA Memory and Movement Charlotte, founded in 2013, is a community nonprofit in the Diseases & Disorders sector that reported $5.4M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 20% operating margin.

Mission

To impact the lives of individuals living with cognitive impairment and movement disorders as well as those who care for them, to provide patients with specialized medical care through an in-depth assessment of the medical, safety and behavioral needs of the patients and to support caregivers and the whole family with education, counseling, and improved access to services.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,826,940
Program Service Revenue $2,520,567
Investment Income $16,299
Other Revenue $17,312
TOTAL REVENUE $5,381,118

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,354,712
Fundraising Expenses $171,552
Program Expenses $3,850,123
Other Expenses $965,846
TOTAL EXPENSES $4,320,558

Year-over-Year Comparison

2024 2023 Change
Revenue $5,381,118 $3,654,867 +0.5%
Expenses $4,320,558 $3,575,586 +0.2%
Net Income $1,060,560 $79,281 +12.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
43
Volunteers
13

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
5
$213,363
Total Directors
13
$101,032
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sanjay Iyer MD Medical Director 40.00
$339,219 $8,262 $347,481
Aristides Chaconas MD Physician 40.00
$302,118 $2,982 $305,100
Anita Wu MD Physician 40.00
$221,313 $7,572 $228,885
Johnnie Waataja Physicians Assist. 40.00
$111,647 $12,961 $124,608
Robyn Wolkofsky Physicians Assist. 40.00
$116,085 $6,825 $122,910
Janet LeClair CEO 40.00
Officer
$105,068 $7,263 $112,331
Charles H Edwards II MD Vice Chair 32.00
Officer Director
$101,032 $0 $101,032
John Chanon Chair 0.50
Officer Director
$0 $0 $0
Scott Kerr Treasurer 0.50
Officer Director
$0 $0 $0
John Beyer Secretary 0.50
Officer Director
$0 $0 $0
Hannah Dickerson Devt Chair 0.50
Director
$0 $0 $0
Bernard Burns Director 0.50
Director
$0 $0 $0
Bill Crowder Director 0.50
Director
$0 $0 $0
Cindy Grim Director 0.50
Director
$0 $0 $0
Joe Marley Director 0.50
Director
$0 $0 $0
John McAlister Director 0.50
Director
$0 $0 $0
Harsha Mirchandani Director 0.50
Director
$0 $0 $0
Camille Salisbury Director 0.50
Director
$0 $0 $0
Don Taft Director 0.50
Director
$0 $0 $0
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
2025 $5,381,118 $4,320,558 $4,179,996 $1,060,560
2024 $3,654,867 $3,575,586 $3,111,504 $79,281
2023 $3,020,612 $2,973,932 $3,018,558 $46,680
2022 $3,290,485 $2,768,595 $3,082,037 $521,890
2021 $2,731,013 $2,362,702 $1,381,981 $368,311
2020 $1,870,984 $2,175,881 $1,077,791 $-304,897
2019 $1,214,793 $1,075,250 $1,126,652 $139,543
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