Oci Healing Research Foundation Inc
- Assets
- $84.6k
- Revenue
- $58.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Quincy, MA
- Founding
- 10/2008
- Data as of
- 12/2021
- EIN
- 20-8163977
Organization Overview
Oci Healing Research Foundation Inc is located in Quincy, MA. The organization was established in 2008. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases 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. Oci Healing 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 12/2021, Oci Healing Research Foundation Inc generated $58.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $55.2k during the year ending 12/2021. 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
THE OCI HEALING RESEARCH FOUNDATION, INC. IS A 501 (C) 3 NON-PROFIT ORGANIZATION ESTABLISHED TO EDUCATE, RESEARCH AND PROMOTE TONG REN ENERGY HEALING WORLDWIDE IN ORDER TO DEVELOP SAFER AND MORE COST-EFFECTIVE HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT NONINVASIVE MEDICAL RESEARCH, DEVELOP AND PROMOTE ENERGETIC HEALING WORLDWIDE TO REDUCE RISK AND MEDICAL COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen M Kearney Operations M | OfficerTrustee | 1 | $15,508 |
Lynne Connolly Director | OfficerTrustee | $0 | |
Charles Smigelski Jr President | OfficerTrustee | $0 | |
Sue Lin Treasurer | OfficerTrustee | $0 | |
Laura Palayma Secretary | Officer | $0 | |
Susan Carey Director | Trustee | $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 | $58,639 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,639 |
| 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 | $58,639 |
| 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 | $16,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,528 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| 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 | $727 |
| Information technology | $1,230 |
| Royalties | $0 |
| Occupancy | $30,399 |
| 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 | $196 |
| Insurance | $2,125 |
| All other expenses | $0 |
| Total functional expenses | $55,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,897 |
| Savings and temporary cash investments | $28,514 |
| 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 | $149 |
| Other assets | $0 |
| Total assets | $84,560 |
| 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 | $84,560 |
| 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 | $84,560 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Oci Healing Research Foundation Inc has recieved totaling $734.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $484 |
Equitable Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charleys Fund Inc Great Barrington, MA | $5,463,767 | $1,781,625 |
Orthopaedic Foundation For Active Lifestyles Inc Stamford, CT | $3,883,565 | $1,438,636 |
Audre Lorde Project Inc Brooklyn, NY | $3,205,898 | $2,814,295 |
Foundation Of Orthopedics And Complex Spine Inc Garden City, NY | $1,400,092 | $518,962 |
American Spinal Research Organization Incorporated Niagara Falls, NY | $1,635 | $244,758 |
Massachusetts Society Of Clinical Onocologists Inc Waltham, MA | $1,146,107 | $245,160 |
Institute For Sports Medicine Research Niskayuna, NY | $314,906 | $0 |
The International Thyroid Cancer Study Group Inc Yorkville, NY | $3,897,331 | $370,669 |
American Society For Peripheral Nerve Beverly, MA | $725,004 | $134,908 |
Empower Spinal Cord Injury Incorporated Waltham, MA | $142,498 | $0 |
Dennison Charitable Foundation Inc Lakeville, MA | $15,263 | $0 |
Oci Healing Research Foundation Inc Quincy, MA | $84,560 | $58,639 |