NEPM FOUNDATION INC

EIN: 882952280 501(c)(3) Medical Research

SOUTHAMPTON, NY

Total Revenue
$114,842
Total Expenses
$84,298
Total Assets
$446,160
Net Assets
$431,433
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NY
Principal Officer
JEFFREY S PHLEGAR
Phone
9179744255
Tax Period
2024-01-01 to 2024-12-31

NEPM FOUNDATION INC, founded in 2022, is a small nonprofit in the Medical Research sector that reported $115K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 27% operating margin.

Mission

THE MISSION OF NEPM FOUNDATION IS TO SUPPORT RESEARCH AND FUNDING FOR BRAIN CANCER TREATMENT AND CURES EITHER DIRECTLY OR INDIRECTLY THROUGH GRANTS AND CONTRIBUTIONS. THE ORGANIZATION WILL HELP SUPPORT TO FAMILIES OF THOSE INFLICTED WITH BRAIN CANCER.

Program Service Accomplishments

Program 1
Expenses: $62,700

RESEARCH AND DISCUSSIONS HAVE BEEN UNDERWAY SINCE INCORPORATION IN SUPPORT OF THE MISSION. IN THE FUTURE, THE ORGANIZATION INTENDS TO (1) ADD AN INDEPENDENT MEDICAL ADVISORY GROUP OF EXPERTS IN BRAIN...

Read more

RESEARCH AND DISCUSSIONS HAVE BEEN UNDERWAY SINCE INCORPORATION IN SUPPORT OF THE MISSION. IN THE FUTURE, THE ORGANIZATION INTENDS TO (1) ADD AN INDEPENDENT MEDICAL ADVISORY GROUP OF EXPERTS IN BRAIN CANCER ACROSS MULTIPLE DISCIPLINES; (2) SUPPORT RESEARCH AND FUNDING FOR BRAIN CANCER TREATMENT AND CURES; AND (3) PROVIDE FINANCIAL SUPPORT TO FAMILIES OF THOSE WITH BRAIN CANCER. SIGNIFICANT PROGRESS HAS BEEN MADE IN THESE AREAS.DURING 2023 THE ORGANIZATION ENTERED INTO A PARTNER AGREEMENT WITH FAMILY REACH FOUNDATION AND MADE A GRANT OF $55,000. A GRANT OF $57,000 WAS MADE IN 2024. WITH RESPECT TO SUPPORTING RESEARCH AND FUNDING FOR BRAIN CANCER TREATMENT AND CURES, ANALYSIS CONTINUED IN CALENDAR YEAR 2024 TO SOURCE PROJECTS WITH TRANSFORMATIVE TREATMENTS AND THE TRUSTEES EXPECT TO PROVIDE A GRANT TO RESULTS-ORIENTED INVESTIGATORS WITH THE POTENTIAL TO CREATE TRANSFORMATIVE TREATMENTS. THE TRUSTEES HAVE DELAYED ADDING AN INDEPENDENT MEDICAL ADVISORY GROUP FOR THE TIME BEING.

Program 2

THERE WAS ONE FUNDRAISING EVENT IN 2024. REVENUE GENERATED FROM ALL FUNDRAISING ACTIVITIES PROVIDED THE FINANCIAL ABILITY TO SUPPORT PROGRAM SERVICES MENTIONED IN STATEMENT ONE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $97,619
Program Service Revenue $0
Investment Income $19,179
Other Revenue $-1,956
TOTAL REVENUE $114,842

Expense Breakdown

Grants Paid $62,700
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $62,700
Other Expenses $21,598
TOTAL EXPENSES $84,298

Year-over-Year Comparison

2024 2023 Change
Revenue $114,842 $268,961 -0.6%
Expenses $84,298 $66,409 +0.3%
Net Income $30,544 $202,552 -0.8%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
7

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY S PHLEGAR TRUSTEE; PRESIDENT 5.00
Officer Director
$0 $0 $0
SYDNEY E PHLEGAR TRUSTEE; VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
MAXXWELL T HAMILTON TRUSTEE; SECRETARY/TREASUR 0.50
Officer Director
$0 $0 $0
JULIA BOHAN TRUSTEE 3.00
Director
$0 $0 $0
LUCILLE PROTAS TRUSTEE 3.00
Director
$0 $0 $0
JACQUELINE CARDEN TRUSTEE (AS OF 06/09/24) 3.00
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 $114,842 $84,298 $446,160 $30,544
2023 $268,961 $66,409 $401,701 $202,552
2022 $208,430 $10,093 $198,337 $198,337
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NEPM FOUNDATION INC with other nonprofits in New York and across the country.