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Ohio · Nonprofit

NEOMED RESEARCH CORPORATION

NEOMED RESEARCH CORPORATION (Ohio) receives grants from 1 organization whose IRS filings report $79,534 to it, the largest being CHARITABLE HEALTHCARE NETWORK INC ($79,534). 1 of them have funded it in more than one year.

Revenue FY2025
$125k
Funders on record
1
Grants received
$80k
Net assets
$957k
1/1 repeat funderspeak grant-dependency 21%
01What it does

What Neomed Research Corporation does

Mission

The corporation shall be operated exclusively for the scientific purposes as will, in the absolute and uncontrolled discretion of the board of trustees, most effectively assist and promote the corporation purposes. The purposes for which the corporation is to be formed are exclusively to: a. Obtain scientific information beneficial to the public by jointly sponsoring, conducting, and administering scientific research within neomed; b. Fund scientific research and study conducted by students and faculty at neomed to enhance the quality of life and develop scientific and technological advancements for the benefit of the public; c. Make available for the public use the results and findings of scientific research sponsored or conducted by the corporation and funding and conducting with neomed workshops, seminars, and symposia on scientific developments, techniques, and studies; d. Advance scientific research and facilitating the transfer of technology from the laboratory to public use by, among other activities, making applications for and obtaining patents, patent rights, trademarks, and copyrights for discoveries and inventions by students or faculty at neomed and by licensing such…

As stated on its FY2025 Form 990.

Program

  1. Neomed Research Corporation is made up of neomed research corp and redizone llc. Redizone leases space for office and labs to tenants doing research.

    $24,250 spent$114,808 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $24,250.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($258k) Expenses 100 ($166k) Net assets 100 ($702k)2018 Revenue 110 ($283k) Expenses 133 ($220k) Net assets 109 ($764k)2019 Revenue 46 ($119k) Expenses 64 ($107k) Net assets 111 ($777k)2020 Revenue 48 ($123k) Expenses 88 ($146k) Net assets 107 ($754k)2021 Revenue 52 ($135k) Expenses 117 ($194k) Net assets 99 ($695k)2022 Revenue 63 ($162k) Expenses 93 ($155k) Net assets 100 ($701k)2023 Revenue 59 ($152k) Expenses 47 ($77k) Net assets 111 ($776k)2024 Revenue 67 ($172k) Expenses 42 ($70k) Net assets 125 ($878k)2025 Revenue 48 ($125k) Expenses 28 ($46k) Net assets 136 ($957k)
'17'18'19'20'21'22'23'24'25
Revenue (48)Expenses (28)Net assets (136)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $779k to $884k (+13%).

$719k
$785k
$779k
$818k
$773k
$725k
$779k
$884k
$975k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of NEOMED RESEARCH CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (82% for the typical peer).

This organization
Typical peer · 14,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$92k
’17
$63k
’18
$12k
’19
−$22k
’20
−$59k
’21
$7k
’22
$75k
’23
$102k
’24
$79k
’25
172
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Rebecca German

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed676755544
Joined·+2+0+2+0+0+1+0+0
No longer listed·11120110
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $18k → $31k.

Funder
'22
'23
'24*
total
funders
1
1
1

From the IRS filings of NEOMED RESEARCH CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of NEOMED RESEARCH CORPORATION's grant income comes from Ohio funders.

OH

In-state vs out-of-state, by year

’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEOMED RESEARCH CORPORATION runs a healthier operating margin than three-quarters of the 7,883 health nonprofits its size.

Operating margin63% · top quartile
Months of reserve172.2mo · top quartile
Revenue growth (annualized)−9% · bottom quartile

this organization peer median middle 50% of peers· 7,883 health nonprofits $100k–$1M, FY2025

Organizations like NEOMED RESEARCH CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

53% of spending goes to programs.

Program 53%Management 47%Fundraising 0%

Governance

4
board members
0%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OH

Part of a family of 5 related entities

  • Redizone LLC · disregarded
  • Northeast Ohio Medical University · exempt
  • Ers Strategic Properties Inc · exempt
  • Clinical Initiatives Inc · exempt
  • Northeast Ohio Medical University Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NEOMED RESEARCH CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEOMED RESEARCH CORPORATION?
NEOMED RESEARCH CORPORATION (Ohio) receives grants from 1 organization whose IRS filings report $79,534 to it, the largest being CHARITABLE HEALTHCARE NETWORK INC ($79,534). 1 of them have funded it in more than one year.
How many funders does NEOMED RESEARCH CORPORATION have?
IRS filings report 1 organization giving $79,534 in grants to NEOMED RESEARCH CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of NEOMED RESEARCH CORPORATION?
CHARITABLE HEALTHCARE NETWORK INC is the largest funder on record, with $79,534 in grants. The full list of funders is on this page.
How can an organization like NEOMED RESEARCH CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing