Irene & Eric Simon Brain Research Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Irene & Eric Simon Brain Research Foundation Inc is a 501(c)(3) organization based in Sparta, New Jersey, registered in 2004, with $36,503 in FY2024 revenue. CharityIndex grades it B.
5 Hickory Trl, Sparta, NJ, 07871 EIN 04-3779708 Since 2004
Revenue (FY2024)
$37K
▲ 612.0% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$20K
Net assets
$327K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Irene & Eric Simon Brain Research Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating195 mo reserves · +45% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Irene & Eric Simon Brain Research Foundation Inc: 195 mo reserves · +45% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Irene & Eric Simon Brain Research Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Irene & Eric Simon Brain Research Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5 Hickory Trl, Sparta, NJ, 07871
- City
- Sparta
- State
- New Jersey
- Category
- Medical Research
- Subcategory
- Heart Research
- Website
- …
Financial trends
Revenue declined from $42K (FY2009) to $37K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $327K
Operating margin
44.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$327K
Total liabilities
$0
Net assets
$327K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $36,503▲612% | $20,134▲235% | $327,029▲5.3% | $327,029▲5.3% | 990EZ |
| 2023 | $5,127▼0.5% | $6,014▲46.6% | $310,660▼0.3% | $310,660▼0.3% | 990EZ |
| 2022 | $5,154▼90.6% | $4,102▲21.3% | $311,547▲0.3% | $311,547▲0.3% | 990EZ |
| 2021 | $55,000▲597% | $3,381▼43.4% | $310,495▲19.9% | $310,495▲19.9% | 990EZ |
| 2020 | $7,888▼89.2% | $5,969▼84.6% | $258,876▲0.7% | $258,876▲0.7% | 990EZ |
| 2019 | $73,261▲42.5% | $38,756▼13.8% | $256,957▲15.5% | $256,957▲15.5% | 990EZ |
| 2018 | $51,428▲12.2% | $44,962▲96.2% | $222,452▲3.0% | $222,452▲3.0% | 990EZ |
| 2017 | $45,848▼18.5% | $22,918▼9.0% | $215,986▲11.9% | $215,986▲11.9% | 990EZ |
| 2016 | $56,226▲64.6% | $25,176▼32.6% | $193,056▲19.2% | $193,056▲19.2% | 990EZ |
| 2015 | $34,167▼27.8% | $37,333▲27.7% | $162,006▼3.6% | $162,006▼3.6% | 990EZ |
| 2013 | $47,301▲26.2% | $29,225▲67.0% | $168,003▲12.1% | $168,003▲12.1% | 990EZ |
| 2012 | $37,472▲55.3% | $17,500▼15.3% | $149,927▲15.4% | $149,927▲15.4% | 990EZ |
| 2011 | $24,131▼66.7% | $20,656▼34.4% | $129,955▲2.7% | $129,955▲2.7% | 990EZ |
| 2010 | $72,371▲71.8% | $31,493▼38.8% | $126,480▲47.8% | $126,480▲47.8% | 990EZ |
| 2009 | $42,129 | $51,466 | $85,602 | $85,602 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $12K total
1 grant to Irene & Eric Simon Brain Research Foundation Inc totaling $12K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $11,876 |
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Frequently asked questions
- Is Irene & Eric Simon Brain Research Foundation Inc a legitimate nonprofit?
- Yes. Irene & Eric Simon Brain Research Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3779708, based in Sparta, New Jersey. Donations are tax-deductible.
- What is Irene & Eric Simon Brain Research Foundation Inc's EIN?
- Irene & Eric Simon Brain Research Foundation Inc's Employer Identification Number (EIN) is 04-3779708.
- How much revenue does Irene & Eric Simon Brain Research Foundation Inc report?
- Irene & Eric Simon Brain Research Foundation Inc reported $36,503 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Irene & Eric Simon Brain Research Foundation Inc have?
- CharityIndex grades Irene & Eric Simon Brain Research Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Irene & Eric Simon Brain Research Foundation Inc (EIN 04-3779708) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.