Neurodegenerative Disease Researchinc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850520661 ✦ Reddick, FL ✦ Designated as a 501(c)(3)

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Overview

What is Neurodegenerative Disease Researchinc?

Neurodegenerative Disease Researchinc is a compassionate nonprofit organization based in Reddick, Florida. With just two devoted employees, they are committed to facilitating groundbreaking research aimed at discovering novel treatments for individuals battling neurodegenerative diseases, particularly focusing on ALS patients. By supporting innovative projects led by dedicated researchers, Neurodegenerative Disease Researchinc aims to bring forth new hope and improve the lives of those affected by these debilitating conditions.


Official website here: www.ndric.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.

Neurodegenerative Disease Research Inc has received a moderate rating of 67%, indicating room for improvement in its overall accountability and financial management. The organization has a fully independent board, which is a strong point, but it struggles significantly in areas like financial statements and fundraising efficiency, both of which are critical for transparency and sustainability.

The charity demonstrates some positive practices, such as having a conflict of interest policy and maintaining thorough records of board meeting minutes. However, notable weaknesses include a lack of a whistleblower policy and failures in document retention, which may raise concerns about governance and accountability.

The organization also faces challenges in financial ratios, particularly in fundraising efficiency and working capital, indicating potential difficulties in attracting and managing funds. While the foundational structure seems sound, these financial shortcomings could hinder its ability to effectively support research initiatives in neurodegenerative diseases.


This AI summary has been generated from information found on Charity Navigator.

Is Neurodegenerative Disease Researchinc legitimate?

Neurodegenerative Disease Researchinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neurodegenerative Disease Researchinc 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,348

For more financial information, click here


Official website here: www.ndric.org

What is the mission statement of Neurodegenerative Disease Researchinc?

Neurodegenerative Disease Researchinc is dedicated to facilitating research aimed at developing new treatments for individuals struggling with neurodegenerative diseases, with a particular focus on ALS. The organization funds projects led by researchers, offering hope for potential advancements in the field. Their mission is centered around supporting research that could significantly impact the lives of those affected by these debilitating conditions.


Official website here: www.ndric.org

Who is the CEO of Neurodegenerative Disease Researchinc?

Siobhan Ellison is the President And Ceo of Neurodegenerative Disease Researchinc. The CEO's salary of Neurodegenerative Disease Researchinc is $200,000 and their total compensation is $200,000.


Official website here: www.ndric.org

What is the revenue of Neurodegenerative Disease Researchinc?

Neurodegenerative Disease Researchinc's revenue in 2022 was $4,274,249.


Official website here: www.ndric.org

Who are the executives of Neurodegenerative Disease Researchinc and what are their salaries?

The average compensation at Neurodegenerative Disease Researchinc during 2022 was $674. There are 2 employees and 3 volunteers at Neurodegenerative Disease Researchinc.


Here are 3 key members and their salaries (Neurodegenerative Disease Researchinc's CEO's salary is $200,000 and their total compensation is $200,000):


Siobhan Ellison (President And Ceo)
  • Compensation: $200,000
  • Related: $0
  • Other: $0
Bill Killeen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Osborne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ndric.org

Where can I find the form 990 for Neurodegenerative Disease Researchinc?

Neurodegenerative Disease Researchinc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ndric.org

Learn more at the official website: www.ndric.org

Mission Statement of Neurodegenerative Disease Researchinc

Neurodegenerative Disease Researchinc, a dedicated organization, is committed to facilitating research aimed at bringing novel treatments to individuals battling neurodegenerative diseases, with a particular focus on those affected by ALS. By funding researchers with promising projects, this nonprofit seeks to instill hope and make significant strides in the field, ultimately alleviating the suffering of many.

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Impact




July, 2024

Neurodegenerative Disease Researchinc's impact is significant in the field of medical research. By funding researchers with projects aimed at bringing new hope and treatments to those suffering from neurodegenerative diseases, particularly ALS patients, the organization is playing a vital role in advancing our understanding of these complex conditions. Their efforts have the potential to improve the lives of patients and families affected by neurodegenerative diseases, ultimately contributing to the development of new therapies and better outcomes in the future.




This information is meant to be a general summary of Neurodegenerative Disease Researchinc. 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.

Revenue
$4,274,249 (2022)
Expenses
$4,380,443 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $273
  • Gross Receipts: $4,274,249

Assets and Liabilities:

  • Total Assets: $563,346
  • Total Liabilities: $11,441
  • Net Assets: $551,905

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Organization Details

Founding Year

2020

Principal Officer

Siobhan Ellison

Main Address

15471 NW 112th Ave, Reddick, FL, 32686

NTEE Category

Code: H96 - Medical research

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