PARIS BRAIN INSTITUTE AMERICA INC C/O MARTINE ASSOULINE

EIN: 922977507 501(c)(3) Medical Research

NEW YORK, NY

Total Revenue
$1,985,780
Total Expenses
$1,439,809
Total Assets
$2,078,372
Net Assets
$1,096,448
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DE
Principal Officer
MARTINE ASSOULINE
Phone
6466120189
Tax Period
2024-01-01 to 2024-12-31

PARIS BRAIN INSTITUTE AMERICA INC C/O MARTINE ASSOULINE, founded in 2023, is a community nonprofit in the Medical Research sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 228% from the prior year, signaling strong growth momentum. The organization ran a surplus of $546K, a strong 27% operating margin.

Mission

OUR MISSION IS TO ADVANCE NEUROSCIENCE RESEARCH IN THE UNITED STATES BY SUPPORTING INNOVATIVE STUDIES, PROMOTING COLLABORATION AMONG SCIENTISTS, AND PROVIDING FUNDING THAT DRIVES MEANINGFUL DISCOVERIES TO IMPROVE HUMAN HEALTH AND UNDERSTANDING OF THE BRAIN.

Program Service Accomplishments

Program 1
Expenses: $834,471

GLIOBLASTOMA IS THE MOST COMMON AND MOST AGGRESSIVE TYPE OF BRAIN TUMOR. WITH AN INCIDENCE OF 3 CASES PER 100,000 PEOPLE IN NORTH AMERICA AND EUROPE, IT ACCOUNTS FOR HALF OF PRIMARY MALIGNAT BRAIN...

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GLIOBLASTOMA IS THE MOST COMMON AND MOST AGGRESSIVE TYPE OF BRAIN TUMOR. WITH AN INCIDENCE OF 3 CASES PER 100,000 PEOPLE IN NORTH AMERICA AND EUROPE, IT ACCOUNTS FOR HALF OF PRIMARY MALIGNAT BRAIN TUMERS. CANCER TREATMENT HAS MADE TREMENDOUS PROGRESS OVER THE PAST DECADE. HOWEVER THE PROGNOSIS FOR GLIOBLASTOMA REMAINS VERY POOR: WITH THE CURRENT STANDARD OF CARE, ONLY 10% OF PATIENTS ARE EXPECTED TO SURVIVE FIVE YEARS AFTER THEIR DIAGNOSIS. IT IS THEREFORE ESSENTIAL TO INCREASE RESEARCH EFFORTS SPECIFIC TO GLIOBLASTOMA AND TO PROVIDE NEW THERAPEUTIC APPROACHES.

Program 2
Expenses: $488,098

SEVERE BRAIN INJURIES CAN OCCUR AT ANY STAGE OF LIFE. THEY CAN BE CAUSED BY EXTERNAL EVENTS LIKE A MOTOR VEHICLE ACCIDENT, SPORTS ACTIVITY, OR INTERNAL EVENTS LIKE A STROKE OR HEART ATTACK. THANKS TO...

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SEVERE BRAIN INJURIES CAN OCCUR AT ANY STAGE OF LIFE. THEY CAN BE CAUSED BY EXTERNAL EVENTS LIKE A MOTOR VEHICLE ACCIDENT, SPORTS ACTIVITY, OR INTERNAL EVENTS LIKE A STROKE OR HEART ATTACK. THANKS TO IMPROVED TREATMENT, THE RATE OF PATIENTS WHO SURVIVE AFTER SUFFERING SEVERE BRAIN INJURIES IS INCREASING. WHILE SOME OF THESE PATIENTS REGAIN FULL CONSCIOUSNESS AFTER A TRANSIENT STATE OF COMA, OTHERS MAY DEVELOP MORE COMPLEX AND LASTING DISORDERS OF CONSCIOUSNESS AND BE BEHAVIORALLY UNRESPONSIVE EVEN THOUGH THEY OPEN THEIR EYES OR SHOW VERY MINIMAL, HARD TO DETECT, SIGNS OF CONSCIOUSNESS. THE IMPORTANCE OF ACCURACY IN SUCH A DIAGNOSIS CANNOT BE OVERSTATED: IT GUIDES TREATMENT ALLOCATION AND COULD MAKE THE DIFFERENCE BETWEEN AN END-OF-LIFE DECISION OR A SUSTAINED INTENSIVE CARE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,529,553
Program Service Revenue $0
Investment Income $101
Other Revenue $456,126
TOTAL REVENUE $1,985,780

Expense Breakdown

Grants Paid $266,874
Salaries & Benefits $22,435
Fundraising Expenses $80,645
Program Expenses $1,322,569
Other Expenses $1,077,300
TOTAL EXPENSES $1,439,809

Year-over-Year Comparison

2024 2023 Change
Revenue $1,985,780 $605,266 +2.3%
Expenses $1,439,809 $50,988 +27.2%
Net Income $545,971 $554,278 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
6

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
4
$20,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTINE ASSOULINE CHAIR AND PRESIDENT 4.00
Officer Director
$0 $0 $0
MATHILDE COSTE TREASURER 3.00
Officer Director
$0 $0 $0
ZOFIA MORENO SECRETARY 3.00
Officer Director
$0 $0 $0
JEAN TODT DIRECTOR 2.00
Director
$0 $0 $0
HENRY GAZAY DIRECTOR 2.00
Director
$0 $0 $0
RICHARD HSIAO DIRECTOR 2.00
Director
$0 $0 $0
MARIANNE SCORDEL EXECUTIVE OFFICER FROM 11/2024 40.00
Officer
$20,000 $0 $20,000
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 $1,985,780 $1,439,809 $2,078,372 $545,971
2023 $528,755 $50,507 $490,050 $478,248
2023 $605,266 $50,988 $566,560 $554,278
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