Childrens Medical Research Foundation Inc
- Assets
- $351.2k
- Revenue
- $158.0k
- Investments
- $0.0
- Employees
- 20
- Location
- New York, NY
- Founding
- 06/1979
- Data as of
- 03/2022
- EIN
- 13-2984859
Organization Overview
Childrens Medical Research Foundation Inc is located in New York, NY. The organization was established in 1979. According to its NTEE Classification (H98) the organization is classified as: Pediatrics Research, under the broad grouping of Medical Research and related organizations. As of 03/2022, Childrens Medical Research Foundation Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Medical Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Childrens Medical Research Foundation Inc generated $158.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $58.1k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SUPPORT OF GRANTS FOR CHARITABLE EDUCATIONAL AND SCIENTIFIC PURPOSES INCLUDING BUT NOT LIMITED TO PEDIATRIC RESEARCH CARRIED OUT AT HOSPITALS, MEDICAL FACILITIES, INSTITUTIONS AND OTHER FACILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS SUPPORT CLINICAL RESEARCH WITH THE GOAL OF CONTRIBUTING TO THE BODY OF EVIDENCE-BASED RESEARCH WHICH WILL SUPPORT AND CONTRIBUTE TO CLINICAL DECISION MAKING IN THE TREATMENT OF CHILDREN WITH A VARIETY OF MEDICAL CONDITIONS AND DISORDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Kennedy Director | OfficerTrustee | 1 | $0 |
Des Johnson Director | OfficerTrustee | 1 | $0 |
Sean Gaffey Director | Trustee | 1 | $0 |
Thomas Goodwin Director | Trustee | 1 | $0 |
Rich Nigro Director | Trustee | 1 | $0 |
Jason Mccaughey Treasurer And Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,463 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,463 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $36,549 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $158,012 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,643 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,685 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,950 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,000 |
| All other expenses | $0 |
| Total functional expenses | $58,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,600 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $88,600 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $351,200 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $351,200 |
| Total liabilities and net assets/fund balances | $351,200 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Childrens Medical Research Foundation Inc has recieved totaling $26,456.
| Awarding Organization | Amount |
|---|---|
The American Ireland Fund Boston, MA PURPOSE: COMMUNITY DEVELOPMENT | $19,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,956 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Jersey Chapter American Academy Of Pediatrics Inc East Windsor, NJ | $1,525,061 | $3,651,283 |
Maddies Promise Inc Hingham, MA | $139,688 | $0 |
Childrens Medical Research Foundation Inc New York, NY | $351,200 | $158,012 |
Michael Feeney Best Day Ever Ridgewood, NJ | $2,875 | $0 |
Beatrice Beebe Phd Infant Research Fund Inc New York, NY | $17,106 | $0 |
Mary Claire Foundation Ingomar, PA | $42,209 | $12,360 |