PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC (EIN 810910550) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

EROL VEZNEDAROGLU MD

Phone

2159629600

Tax Period

2024-01-01 to 2024-12-31

PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC, founded in 2015, is a small nonprofit in the Health Care sector that reported $111K in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 33% operating margin.

Mission

PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION, INC. (FORMERLY GNI NEUROSCIENCES FOUNDATION, INC.) (THE "CORPORATION") SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THOSE TAX-EXEMPT PURPOSES ENUMERATED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT TAX LAW OF THE UNITED STATES, INCLUDING, BUT NOT LIMITED TO, RAISING FUNDS FOR THE PURPOSE OF: (I) EDUCATING THE PUBLIC TO IMPROVE RECOGNITION OF THE SIGNS AND SYMPTOMS OF NEUROLOGICAL INJURIES/DISEASES, SUCH AS STROKE; (II) EDUCATING CLINICIANS (PHYSICIANS, RNS, EMS SQUADS, ETC.) TO BETTER RECOGNIZE AND APPROPRIATELY TREAT NEUROLOGICAL INJURIES/DISEASES; (III) EDUCATING LOCAL COMMUNITIES OF THE CAPABILITIES AND AVAILABILITY OF NEUROSURGICAL AND NEUROLOGICAL SPECIALISTS IN THEIR AREAS; (IV) CONDUCTING TRAINING AND FUNDING RESEARCH INTENDED TO RAISE AWARENESS OF AND FURTHER DEVELOP NEUROSCIENCES TREATMENTS AND DEVICES; (V) PROVIDING INCUBATOR FACILITY FOR NE

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $110,500

Program Service Revenue $363

Investment Income $0

Other Revenue $0

TOTAL REVENUE $110,863

Expense Breakdown

Grants Paid $27,345

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,723

Other Expenses $47,378

TOTAL EXPENSES $74,723

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,863	$67,341	+0.6%
Expenses	$74,723	$63,882	+0.2%
Net Income	$36,140	$3,459	+9.4%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EROL VEZNEDAROGLU MD	PRESIDENT	10.00	Officer Director	$0	$0	$0
DONALD J DAMICO	TREASURER	10.00	Officer	$0	$0	$0
THOMAS KURTZ	SECRETARY	5.00	Officer	$0	$0	$0
KENNETH LIEBMAN MD	TRUSTEE	1.00	Director	$0	$0	$0
MANDY J BINNING MD	TRUSTEE	1.00	Director	$0	$0	$0
ESTHER EGOZI CHOUKROUN	EXECUTIVE DI	10.00	Director	$0	$0	$0
JOSEPH JACOVINI	TRUSTEE	1.00	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
2024	$110,863	$74,723	$46,520	$36,140
2023	$67,341	$63,882	$10,380	$3,459
2022	$42,020	$159,306	$6,921	$-117,286
2021	$312,312	$224,380	$124,207	$87,932
2020	$154,693	$143,101	$90,875	$11,592
2019	$221,015	$224,864	$56,283	$-3,849

PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION INC