Foundation For Advances In Therapeutics And Prevention
- Assets
- $858.8k
- Revenue
- $93.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Webster, TX
- Founding
- 09/2008
- Data as of
- 06/2021
- EIN
- 20-3783224
Organization Overview
Foundation For Advances In Therapeutics And Prevention is located in Webster, TX. The organization was established in 2008. According to its NTEE Classification (H40) the organization is classified as: Diseases of Specific Organs Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Advances In Therapeutics And Prevention 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 06/2021, Foundation For Advances In Therapeutics And Prevention generated $93.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $425.0 during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (42.4%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THERAPEUTICS AND DISEASE PREVENTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS RESEARCH TO DETERMINE THE MECHANISM BY WHICH VIRUSES CAUSE CANCER AND TEACHES BASIC LABORATORY TECHNIQUES TO STUDENTS SO THAT THEY MAY DEVELOP A CAREER IN MEDICAL RESEARCH.THE FOUNDATION PROVIDES CONSULTATIONS AND PRESENTATIONS AS A PART OFTHIS PROGRAM.
THE LAB DOES TYPING OF HUMAN PAPILLOMAVIRUSES AT NO COST ON SAMPLES FROM AROUND THE WORLD. THE LAB ALSO PERFORMS MOLECULAR ANALYSIS TO DETERMINE GENETIC SUSCEPTIBILITIES TO VIRAL DISEASES AND TEACHES BASIC MOLECULAR TECHNIQUES TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen K Tyring President | OfficerTrustee | 4 | $0 |
Mario Quintanilla Officer | OfficerTrustee | 0.5 | $0 |
Daniel Carrasco Officer | OfficerTrustee | 0.5 | $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 | $93,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,497 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,497 |
| 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 | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $425 |
| All other expenses | $0 |
| Total functional expenses | $425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $858,829 |
| 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 | $0 |
| 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 | $858,829 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $858,829 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metis Foundation San Antonio, TX | $2,545,676 | $9,772,629 |
Mercy Research Springfield, MO | $1,873,704 | $4,182,009 |
Childrens Medical Center Research Institute At The University Of Tex Dallas, TX | $3,647,236 | $5,406,938 |
Biomedical Research Institute Of New Mexico Albuquerque, NM | $13,199,153 | $8,153,350 |
Cerebral Palsy Research Foundation Of Kansas Inc Wichita, KS | $16,856,150 | $7,008,129 |
Glenn Foundation For Medical Research Inc Phoenix, AZ | $192,520,690 | $23,653,368 |
Center For Improving Value In Health Care Denver, CO | $5,434,732 | $7,883,219 |
Pkd Foundation Kansas City, MO | $20,909,832 | $16,124,449 |
Riordan Clinic Inc Wichita, KS | $2,732,977 | $6,794,180 |
Foundation For Angelman Syndrome Therapeutics Austin, TX | $17,749,994 | $3,977,487 |
Kansas State University Research Foundation Manhattan, KS | $15,643,687 | $5,376,469 |
Siut North America Inc Houston, TX | $1,089,866 | $4,188,767 |