Nonprofit · EIN 88-2087533
NEUROTECH INSTITUTE INC
Tax-exempt · COLUMBUS, OH 43210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $300,570 | $750,096 | -$449,526 | $5,091,569 | $1,024 | $5,090,545 |
| September 30, 2024 | 990 | $352,623 | $2,361,394 | -$2,008,771 | $6,079,200 | $539,129 | $5,540,071 |
| September 30, 2023 | 990 | $0 | $1,441,498 | -$1,441,498 | $7,911,445 | $362,603 | $7,548,842 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $75,000
- Program service revenue
- $0
- Investment income
- $225,570
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $365,169
- Other salaries and wages
- $101,713
- Salaries, compensation and benefits (total)
- $537,249
- Professional fundraising fees
- $0
- Legal fees
- $36,977
- Accounting fees
- $2,730
- Occupancy
- $19,644
- Travel
- $14,647
- Depreciation
- $12,728
- Program services (functional)
- $161,113
- Management and general (functional)
- $488,410
- Fundraising (functional)
- $100,573
Balance sheet and other
- Total assets, start of year
- $6,079,200
- Total assets, end of year
- $5,091,569
- Total liabilities, end of year
- $1,024
- Net assets, end of year
- $5,090,545
- Land, buildings and equipment
- $86,357
- Gross receipts
- $300,570
- Employees
- 2
- Volunteers
- 4
- Year formed
- 2022
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRIAN CANAVAN | VP DEVELOPMENT Key employee | 40 | $216,924 | $1,825 |
| XIAOYAN YIN | RESEARCH SCIENTIST Highest-paid employee | 40 | $115,000 | $868 |
| CHRIS COBURN | BOARD CHAIR Trustee or director, Officer | 1 | $26,666 | $0 |
| GREGORY KIMMEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILLIP POPOVICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COURTNEY MANKOWSKI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUSTIN SANCHEZ | INTERIM CEO & SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended September 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIMOTHY LUCAS | PRESIDENT/CEO/SECRETARY Trustee or director, Officer | 40 | $0 | $598,235 | $0 |
| BRIAN CANAVAN | VP DEVELOPMENT Key employee | 1 | $239,733 | $0 | $27,749 |
| XIAOYAN YIN | RESEARCH SCIENTIST Highest-paid employee | 1 | $123,514 | $0 | $10,351 |
| CHRIS COBURN | BOARD CHAIR Trustee or director, Officer | 1 | $26,666 | $0 | $0 |
| GARY SMITH | DIRECTOR Trustee or director | 1 | $13,300 | $0 | $0 |
| SAMUEL BROWD | DIRECTOR Trustee or director | 1 | $13,300 | $0 | $0 |
| MICHEL TRIPLETT | DIRECTOR Trustee or director | 1 | $13,300 | $0 | $0 |
| MARK ALLEN | DIRECTOR Trustee or director | 1 | $13,300 | $0 | $0 |
| GREGORY KIMMEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHIL POPOVICH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JUSTIN SANCHEZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSHUA HAGEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| TIMOTHY LUCAS | PRESIDENT/CEO/SECTRETARY Trustee or director, Officer | 40 | $0 | $859,773 |
| CHRIS COBURN | DIRECTOR Trustee or director | 1 | $13,334 | $0 |
| GARY SMITH | DIRECTOR Trustee or director | 1 | $6,700 | $0 |
| SAMUEL BROWD | DIRECTOR Trustee or director | 1 | $6,700 | $0 |
| MICHEL TRIPLETT | DIRECTOR Trustee or director | 1 | $6,700 | $0 |
| MARK ALLEN | DIRECTOR Trustee or director | 1 | $6,700 | $0 |
| DEBORAH CHUDZIK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREGORY KIMMEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUSSELL LONSER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUSTIN SANCHEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSHUA HAGEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2281 KENNY RD STE 281, COLUMBUS, OH 43210-1158
- In care of
- % N1009 DOAN
- Principal officer (990 for 2024)
- JUSTIN SANCHEZ, 2281 KENNY RD SUITE 248, COLUMBUS, OH 43210
- Signed the 990
- JUSTIN SANCHEZ, INTERIM CEO
- Phone
- (215) 327-4496
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
RESTORE HUMAN POTENTIAL TO INDIVIDUALS SUFFERING FROM NEUROLOGICAL DISORDERS THROUGH THE DEVELOPMENT OF NEW DIAGNOSTICS, TREATMENTS AND MEDICAL DEVICES.
Program accomplishments
- NEUROTECH INSTITUTE INC. (NTI) ASSEMBLES INNOVATIVE TEAMS OF PHYSICIANS, ENGINEERS, SCIENTIST, AND PATIENTS THAT OFFER A UNIQUE EXPERTISE THAT COMPLEMENT EACH OTHER. OUR MISSION IS FOCUSED ON GETTING NEW TECHNOLOGIES INTO THE HANDS OF PATIENTS. OUR DAY-TO-DAY OPERATIONS FOCUS ON IDEATION, CREATING PROTOTYPES, TESTING THOSE PROTOTYPES WITH PATIENTS, AND THEN REDEVELOPING AND PERFECTING THOSE PROTYPES SO THEY ARE READY TO ENTER THE MARKETPLACE. OUR FOCUS IS IN THE AREAS OF CYBERPHYSICAL SOLUTIONS (WEARABLES), NETWORK OF THE MIND (MAPPING BRAIN FUNCTION) AND CELL MODULATION SOLUTIONS (DELIVERY METHODS FOR GENETHERAPY).Expenses $161,113
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 88-2087533
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H96)
- Assets (IRS master file)
- $5,091,569
- Income (IRS master file)
- $300,570
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $300,570 | $750,096 | $5,091,569 | XML |
| 990 | September 2024 | $352,623 | $2,361,394 | $6,079,200 | XML |
| 990 | September 2023 | $0 | $1,441,498 | $7,911,445 | XML |
| 990 | September 2022 | $10,000,000 | $1,009,660 | $8,990,340 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-2087533).
Questions about NEUROTECH INSTITUTE INC
- What is the EIN of NEUROTECH INSTITUTE INC?
- The employer identification number (EIN) of NEUROTECH INSTITUTE INC is 88-2087533.
- Is NEUROTECH INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to NEUROTECH INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEUROTECH INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEUROTECH INSTITUTE INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEUROTECH INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of NEUROTECH INSTITUTE INC?
- The 990 for the year ended September 30, 2025 names JUSTIN SANCHEZ.
- Who are the officers and directors of NEUROTECH INSTITUTE INC?
- The 990 for the year ended September 30, 2025 lists 7 people; 3 received compensation from the organization, the highest $216,924 (BRIAN CANAVAN, VP DEVELOPMENT).
- How much revenue does NEUROTECH INSTITUTE INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $300,570, expenses of $750,096 and total assets of $5,091,569 at year end.
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