Overview
What is Philadelphia Neurologic Institute Foundation Inc?
Philadelphia Neurologic Institute Foundation Inc, previously known as GNI Neurosciences Foundation Inc, is a 501(c)(3) nonprofit organization situated in Pennington, New Jersey. Their mission is to advance neurological sciences and treatments through education, research, and community engagement. They strive to improve public recognition of neurological injuries/diseases, such as stroke, educate clinicians, and promote the availability of specialized healthcare providers in various communities. Additionally, they fund research and training to develop innovative neurological treatments and devices, provide incubator facilities for start-ups, organize large conferences, offer clinical and laboratory training, and support academic research in related disciplines. Their ultimate goal is to establish a comprehensive neurological institute, attracting renowned clinicians, and providing state-of-the-art facilities, all aimed at enhancing patient outcomes and medical advancements in neurology and mental health.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Star rating.
The Philadelphia Neurologic Institute Foundation Inc has received a 60% rating from Charity Navigator, which indicates moderate performance in accountability and finance. Significant strengths include a high program expense ratio of 97.67%, demonstrating that a large majority of its funds are directed towards its mission-related activities. Additionally, the organization has no reported material diversion of assets, which reflects sound financial management.
However, the organization faces several limitations, particularly concerning governance. The board lacks independent members, which raises concerns about oversight and accountability. Furthermore, essential policies such as a whistleblower policy and a document retention policy are missing, which are critical for transparency and ethical operations. The absence of a website listed on the tax form and failure to post the tax form on its website are additional weaknesses that can affect trust with potential donors and the public.
Overall, while the foundation shows a strong commitment to its programs, improvements in governance and transparency measures are necessary to enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Philadelphia Neurologic Institute Foundation Inc legitimate?
Philadelphia Neurologic Institute Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Neurologic Institute Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Other Salaries and Wages: $0
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What is the mission statement of Philadelphia Neurologic Institute Foundation Inc?
The Philadelphia Neurologic Institute Foundation Inc., previously known as GNI Neurosciences Foundation Inc., is dedicated to carrying out tax-exempt purposes under Section 501(C)(3) of the Internal Revenue Code. Their mission encompasses raising funds for various objectives, such as educating the public to enhance recognition of neurological injuries/diseases like stroke, training clinicians to better diagnose and treat these conditions, and informing local communities about the capabilities and accessibility of neurological specialists in their areas. The foundation also conducts training and funds research aimed at raising awareness of neurological treatments and devices, and provides an incubator facility for neurology-related innovations.
Who is the CEO of Philadelphia Neurologic Institute Foundation Inc?
Erol Veznedaroglu Md is the President of Philadelphia Neurologic Institute Foundation Inc.
What is the revenue of Philadelphia Neurologic Institute Foundation Inc?
Philadelphia Neurologic Institute Foundation Inc's revenue in 2022 was $42,020.
Who are the executives of Philadelphia Neurologic Institute Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Philadelphia Neurologic Institute Foundation Inc?
Philadelphia Neurologic Institute Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Philadelphia Neurologic Institute Foundation Inc
Philadelphia Neurologic Institute Foundation, Inc., a tax-exempt organization, is dedicated to advancing neurological sciences and improving public understanding of neurological injuries and diseases. The foundation achieves this mission through various initiatives. Firstly, it educates the general public to recognize the signs and symptoms of neurological conditions, such as stroke. Secondly, it trains medical professionals, including physicians, nurses, and EMS squads, to better diagnose and treat neurological injuries and diseases. Thirdly, the foundation informs local communities about the capabilities and availability of neurological and neurosurgical specialists in their areas.
In addition to education and awareness, Philadelphia Neurologic Institute Foundation, Inc., conducts training and funds research to develop neurological treatments and devices. The foundation also provides an incubator facility for neurological startups, fostering innovation and advancements in neurological care. By pursuing these objectives, the foundation aims to improve neurological healthcare and ultimately enhance the lives of those affected by neurological injuries and diseases.
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Impact
August, 2024
Philadelphia Neurologic Institute Foundation Inc's impact includes educating the public to improve recognition of the signs and symptoms of neurological injuries/diseases, such as stroke. They also focus on educating clinicians to better recognize and treat neurological injuries/diseases, as well as educating local communities about the capabilities and availability of neurosurgical and neurological specialists in their areas. Additionally, the foundation conducts training, funds research, and provides an incubator facility for neurosciences and mental health-related start-ups. They aim to raise awareness of and further develop neurosciences treatments and devices, ultimately improving patient outcomes in the field of neurosciences.
This information is meant to be a general summary of Philadelphia Neurologic Institute Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $10,450
- Gross Receipts: $42,020
Assets and Liabilities:
- Total Assets: $6,921
- Total Liabilities: $0
- Net Assets: $6,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ABBVIE STUDY
Revenue
$5,450
NEURO CONFERENCE
Revenue
$5,000
Organization Details
Founding Year
2015
Phone
(215) 962-9600Principal Officer
Erol Veznedaroglu Md
Main Address
PO BOX 717, PENNINGTON, NJ, 08534
NTEE Category
Code: E12 - Health
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