Myasthenia Gravis Foundation Of America Inc is located in Westborough, MA. The organization was established in 1954. As of 12/2021, Myasthenia Gravis Foundation Of America Inc employed 12 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Myasthenia Gravis Foundation Of America 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 12/2021, Myasthenia Gravis Foundation Of America Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Myasthenia Gravis Foundation Of America Inc has awarded 29 individual grants totaling $1,951,166. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMITTED TO FINDING A CURE FOR MYASTHENIA GRAVIS AND CLOSELY RELATED DISORDERS, IMPROVING TREATMENT OPTIONS, AND PROVIDING INFORMATION AND SUPPORT TO PEOPLE WITH MYASTHENIA GRAVIS THROUGH RESEARCH, EDUCATION, COMMUNITY PROGRAMS AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVALUATING, FUNDING, AND DISSEMINATING CRITICAL RESEARCH: FUNDING OF HIGH IMPACT MG RESEARCH AT PROMINENT UNIVERSITIES AND MEDICAL INSTITUTIONS, INCLUDING LEVERAGING FUNDS IN COLLABORATION WITH THE AMERICAN BRAIN FOUNDATION TO BRING NEW SCIENTISTS TO MG RESEARCH THROUGH FELLOWSHIPS, AND FUNDING PILOT GRANTS AIMED AT LEADING TO LARGER STUDIES. MGFA MAINTAINS THE ONLY US MG PATIENT REGISTRY, WHICH HAS BEEN GROWN TO INCLUDE NEARLY 3,000 PARTICIPANTS. MGFA SPONSORS AN ANNUAL SCIENTIFIC SESSION IN CONJUNCTION WITH THE MEETING OF THE AANEM, ATTRACTING AS MANY AS 150 ATTENDEES. MGFA PROVIDES INFORMATION TO MEMBERS ABOUT RESEARCH INITIATIVES AND PROGRESS, AND SEND E-BLASTS TO MORE THAN 20,000 PEOPLE WHEN THERE IS BREAKING NEWS.
AWARENESS AND ADVOCACY: MGFA PROVIDES OVER 20 EDUCATIONAL BROCHURES ON TOPICS IMPORTANT TO PEOPLE LIVING WITH MG, FREE OF CHARGE TO PATIENTS AND THE PUBLIC. IN ADDITION, MGFA PROVIDES MANUALS AND INFORMATION FOR HEALTH CARE PROFESSIONALS. THE MGFA CONDUCTS AN ANNUAL AWARENESS CAMPAIGN, CENTERED ON JUNE AS THE MG AWARENESS MONTH, REACHING OUT TO PEOPLE THROUGH OUR SUPPORT GROUPS, AN AWARENESS TOOLKIT FOR ALL WHO ARE INTERESTED IN RAISING AWARENESS OF MG IN THEIR COMMUNITIES, PRESS RELEASES, POSTERS AND PROMOTION IN SOCIAL MEDIA. THE MG WALK ALSO SERVES AS A VEHICLE TO GROW AWARENESS AND LINK PATIENTS AND FAMILIES IN MORE THAN 35 COMMUNITIES NATIONWIDE. MGFA MAINTAINS AN EXTENSIVE WEBSITE WITH EDUCATIONAL CONTENT AND NEWS AS WELL AS FACEBOOK PAGE TO PROMOTE AWARENESS AND THE ORGANIZATION'S EDUCATIONAL MISSION. ANNUALLY, A PATIENT EDUCATION CONFERENCE IS PRODUCED IN VARIOUS LOCALES AROUND THE U.S. WITH A FULL PROGRAM OF SPEAKERS, WORKSHOPS AND EXHIBITORS OVER 2 DAYS. THE FOCUS ON MG NEWSLETTER COVERS PATIENT STORIES, ORGANIZATIONAL ACTIVITIES, COMMUNITY SUPPORT GROUP ACTIVITIES, AND RESEARCH UPDATES AND IS SENT TO 25,000 PLUS PEOPLE TWICE A YEAR.
INFORMATION, EDUCATION, AND SUPPORT: MGFA PROVIDES MATERIAL, INFORMATION AND REFERRAL, AND EDUCATION AND SUPPORT PROGRAMS TO HELP PEOPLE MANAGE THE CHALLENGES OF LIVING WITH MYASTHENIA GRAVIS. MGFA IS A UNIFIED ORGANIZATION THAT SUPPORTS THE DELIVERY OF PROGRAMS AND SERVICE THROUGH CENTRAL MANAGEMENT OF A NETWORK OF APPROXIMATELY 100 COMMUNITY GROUPS NATIONWIDE. MANUALS, TOOLS, ORIENTATION, NETWORKING AND TRAINING SESSIONS FOR GROUP LEADERS ARE FACILITATED BY THE HOME OFFICE. A DATABASE OF MEMBERS IS MAINTAINED, WITH A NEW TOOL IMPLEMENTED TO ALLOW FOR BETTER IDENTIFICATION OF MEMBERS AND THEIR NEEDS. THE FOUNDATION MAINTAINS A WEB RESOURCE JUST FOR COMMUNITY AND SUPPORT GROUP LEADERS. FOUNDATION STAFF RESPOND DAILY TO TELEPHONE AND EMAIL INQUIRIES FOR THOSE SEEKING INFORMATION ABOUT MG AND CONNECTION TO COMMUNITY RESOURCES. EDUCATIONAL WEBINARS ARE PROVIDED SEVERAL TIMES A YEAR. MGFA HAS A HIGHLY ENGAGED MEDICAL AND SCIENTIFIC ADVISORY BOARD AND NURSES ADVISORY BOARD, POPULATED BY TOP MG EXPERTS WHO SUPPORT THE ORGANIZATION THROUGH REVIEW OF ALL MATERIALS AND INFORMATION OF A MEDICAL NATURE, AND WHO SERVE AS SPEAKERS AND SPOKESPERSONS FOR MGFA AS NEEDED.
MGFA REACHES OUT TO THE MG COMMUNITY THROUGH SOCIAL MEDIA VEHICLES SUCH AS FACEBOOK AND TWITTER WHEN THERE IS BREAKING NEWS. THE ORGANIZATION HAS ALSO DEVELOPED TOOLS AND STRATEGIES TO HELP WITH HEALTH INSURANCE DENIALS FOR MG TREATMENTS AND THERAPIES, AND THROUGH AN ADVOCACY COMMITTEE, PARTNERSHIP WITH OTHER ORGANIZATIONS AND A GRASSROOTS NETWORK, SUPPORTS LEGISLATION AND ISSUES IMPORTANT TO THE MG COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Samantha Masterson Chief Executive Officer | Officer | 40 | $216,218 |
Craig Stenger Vice President Of Development | 40 | $151,915 | |
Michael Antonellis Vice President Of Marketing And Communications | 40 | $141,633 | |
Wendi Huff Vice President Of Programs And Clinical Care | 40 | $140,745 | |
Brian Gladden Chair | OfficerTrustee | 8 | $0 |
William Sauerwine Vice Chair | OfficerTrustee | 8 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kellen Company Program Staffing | 12/30/20 | $187,500 |
Mueller & Co Llp Financial Management | 12/30/20 | $182,323 |
Kellen Company Program Staffing | 12/30/20 | $187,500 |
Mueller & Co Llp Financial Management | 12/30/20 | $182,323 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $149,157 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,651,735 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,800,892 |
Total Program Service Revenue | $189,501 |
Investment income | $216,963 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $465,688 |
Net Income from Fundraising Events | $9,715 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,840,681 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $425,000 |
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. | $219,461 |
Compensation of current officers, directors, key employees. | $43,803 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $835,069 |
Pension plan accruals and contributions | $7,666 |
Other employee benefits | $0 |
Payroll taxes | $77,181 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,663 |
Fees for services: Accounting | $210,847 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $94,792 |
Fees for services: Other | $187,400 |
Advertising and promotion | $102,293 |
Office expenses | $94,622 |
Information technology | $173,629 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,842 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $102,540 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,434 |
Insurance | $18,931 |
All other expenses | $0 |
Total functional expenses | $3,008,153 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $899,114 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $95,680 |
Accounts receivable, net | $402 |
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 | $39,619 |
Net Land, buildings, and equipment | $137,422 |
Investments—publicly traded securities | $10,904,520 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $12,076,757 |
Accounts payable and accrued expenses | $550,617 |
Grants payable | $453,750 |
Deferred revenue | $213,651 |
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 | $1,218,018 |
Net assets without donor restrictions | $4,878,498 |
Net assets with donor restrictions | $5,980,241 |
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 | $0 |
Total liabilities and net assets/fund balances | $12,076,757 |
Over the last fiscal year, Myasthenia Gravis Foundation Of America Inc has awarded $425,000 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Wynnewood, PA PURPOSE: Medical research | $110,000 |
THE GEORGE WASHINGTON UNIVERSITY PURPOSE: Medical research | $110,000 |
DUKE UNIVERSITY PURPOSE: Medical research | $75,000 |
UNIVERSITY OF CALIFORNIA DAVIS PURPOSE: Medical research | $55,000 |
THE GEORGE WASHINGTON UNIVERSITY PURPOSE: Medical research | $50,000 |
DUKE UNIVERSITY PURPOSE: Medical research | $25,000 |
Over the last fiscal year, we have identified 1 grants that Myasthenia Gravis Foundation Of America Inc has recieved totaling $18.
Awarding Organization | Amount |
---|---|
Davidson-Rogovein Charitable Trust Marana, AZ PURPOSE: RESEARCH | $18 |
Beg. Balance | $5,163,307 |
Earnings | $611,023 |
Grants | $236,085 |
Ending Balance | $5,538,245 |
Organization Name | Assets | Revenue |
---|---|---|
The National Hemophilia Foundation New York, NY | $46,786,068 | $26,439,522 |
Winifred Masterson Burke Medical Research White Plains, NY | $9,563,124 | $17,375,898 |
Lankenau Institute For Medical Research Wynnewood, PA | $8,021,343 | $9,109,367 |
Tri-Institutional Therapeutics Discovery Institute Inc New York, NY | $5,819,394 | $16,905,997 |
Community Partners In Action Inc Hartford, CT | $16,042,672 | $16,238,720 |
South Shore Health Express Inc South Weymouth, MA | $32,089,469 | $12,224,356 |
Zachary And Elizabeth M Fisher Center For Alzheimers Research Fdn New York, NY | $40,802,431 | $10,021,313 |
Baim Institute For Clinical Research Inc Boston, MA | $19,935,879 | $17,724,993 |
Christopher Reeve Foundation A New Jersey Nonprofit Corporation Short Hills, NJ | $8,265,891 | $16,839,665 |
Coalition Of Cancer Cooperative Groups Philadelphia, PA | $21,235,863 | $14,701,631 |
The International Academy Of Hope New York, NY | $21,778,473 | $17,024,094 |
Monell Chemical Senses Center Philadelphia, PA | $23,424,187 | $14,213,713 |