Neurospring Inc

Also Known As: Northern Neurosciences
8 The Green 
Suite 4676
Dover,  DE  19901



  • This organization is a 501(c)(3) Public Charity
  • Financial information in this report is derived from the organization's May 31, 2016 Form 990.

GENERAL INFORMATION

EIN: 20-4768612
Contact: Joshua  Gyani
Year Founded: 2005
Ruling Year: 2006
Fiscal Year : May 31, 2016
Assets: $349,295
(from May 31, 2016 Form 990)
Income: $35,375
(from May 31, 2016 Form 990)
No. of Board Members:
No. of Full-Time Employees: Information not available
No. of Part-Time Employees: Information not available
No. of Volunteers: Information not available

Mission and Programs

Mission

The mission of Northern Neurosciences, Inc is to support development of clinical and basic research neuroscience programs.

Programs

Program:The VitalFlow Stimulator
Budget: NaN
Category: Medical Research
Population Served: General Public/Unspecified

Program Description:

The VitalFlow is a novel, non-invasive medical device that reverses the loss of brain blood flow (brain ischemia) in ischemic stroke and traumatic brain injury. The VitalFlow immediately restores blood flow to the brain by activating a nerve that dilates brain arteries. Doing so will save injured brain tissue and prevent neurological damage that cripples and kills millions worldwide each year.


Program:The Haptoglobin-Vasospasm Project
Budget: NaN
Category: Health Care
Population Served: General Public/Unspecified

Program Description:

Cerebral artery vasospasm is a constriction of brain arteries developing several days after subarachnoid hemorrhage. Vasospasm is the primary cause of morbidity and mortality in subarachnoid hemorrhage patients who survive the initial hemorrhage. Support by an American Heart Association grant, NeuroSpring's research found a protein in the blood - haptoglobin - to be the strongest risk factor for predicting the development of vasospasm in subarachnoid hemorrhage patients.
Program:The Ouabain-Pseudotumor Project
Budget: NaN
Category: Medical Research
Population Served: General Public/Unspecified

Program Description:

Pseudotumor cerebri (also known as idiopathic intracranial hypertension) is a headache condition that often damages the vision. Caused by an increase in pressure inside the skull, pseudotumor was previous not known to have a cause. With support from the National Headache Foundation, NeuroSpring was first to discover a link between levels of the steroid, ouabain, and pseudotumor cerebri.
Program:The Glucocorticoid - Traumatic Brain Injury Project
Budget: NaN
Category: Health Care
Population Served: General Public/Unspecified

Program Description:

A family of steroids known as glucocorticoids has often been studied as a possible therapy for traumatic brain injury patients, but with conflicting and confusing results. NeuroSpring evaluated the literature, and its findings suggest that glucocorticoids may be effective but only in certain types of traumatic brain injury patients.
Program:The Insula Stroke Project
Budget: NaN
Category: Medical Research
Population Served: General Public/Unspecified

Program Description:

Previous research has suggested that stroke in a certain part of the brain called the insula cortex are particularly dangerous because it affects cardiac function. NeuroSpring's research indicates that the association between stroke in the insula and poor outcomes is not so straightforward as previously believed.


FINANCIAL DATA

Revenues and Expenses: Fiscal Year Ending May 31, 2016

REVENUE
ContributionsNot Digitized from Form 990
Government GrantsNot Digitized from Form 990
Program ServicesNot Digitized from Form 990
Investments$0
Special EventsNot Digitized from Form 990
SalesNot Digitized from Form 990
OtherNot Digitized from Form 990
Total RevenueNot Digitized from Form 990

EXPENSES
Program ServicesNot Digitized from Form 990
AdministrationNot Digitized from Form 990
OtherNot Digitized from Form 990
Total ExpensesNot Digitized from Form 990
Net Gain/LossNot Digitized from Form 990

Balance Sheet Fiscal Year Ending May 31, 2016

Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.


ASSETSNaN, May 31, 2016Change
Cash EquivalentNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Accounts ReceivableNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Pledges Grants ReceivableNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Receivable / OtherNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Inventories for Sale or UseNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Investment/SecuritiesNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Investment/OtherNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Fixed AssetsNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
OtherNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Total AssetsNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990


LIABILITIESNaN, May 31, 2016Change
Accounts PayableNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Grants PayableNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Deferred RevenueNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Loans and NotesNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Tax-Exempt Bond LiabilitiesNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
OtherNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
Total LiabilitiesNot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990
FUND BALANCENot Digitized from Form 990Not Digitized from Form 990Not Digitized from Form 990

FORM 990 AND EDOCS

Additional Documents from the Organization:


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