Alcor Life Extension Foundation Inc
- Assets
- $26.0m
- Revenue
- $3.9m
- Investments
- $1.1m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 12/1972
- Data as of
- 12/2021
- EIN
- 23-7154039
Organization Overview
Alcor Life Extension Foundation Inc is located in Scottsdale, AZ. The organization was established in 1972. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alcor Life Extension 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, Alcor Life Extension Foundation Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $5.0m during the year ending 12/2021. While expenses have increased by 15.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRESERVATION OF INDIVIDUAL LIVES, TO BE SOUGHT THROUGH MAINTAINING BIOSTASIS, EVENTUALLY TO... THE PRESERVATION OF INDIVIDUAL LIVES, TO BE SOUGHT THROUGH MAINTAINING BIOSTASIS, EVENTUALLY TO RESTORE HEALTH TO PATIENTS IN ALCOR'S CARE AND FUND RESEARCH AND PUBLIC EDUCATION FOR BIOSTASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE, FOSTER AND CONDUCT BASIC AND APPLIED RESEARCH IN ALL AREAS OF THE LIFE EXTENSION SCIENCES INCLUDING, BUT NOT LIMITED TO, CRYONICS, CRYOBIOLOGY, GERONTOLOGY, MOLECULAR ENGINEERING AND CELL REPAIR TECHNOLOGY.
TO ENGAGE IN THE APPLICATION OF WHOLE-BODY CRYONIC SUSPENSION, NEUROPRESERVATION AND OTHER POSTMORTEM AND BIOPRESERVATION TECHNIQUES AND TO PROVIDE THESE SERVICES TO THE GENERAL PUBLIC.
TO EDUCATE THE GENERAL PUBLIC ABOUT THE SCIENCE AND PRACTICE OF HUMAN CRYOPRESERVATION AND RELATED TOPICS, INCLUDING REJUVENATION BIOTECHNOLOGIES, MOLECULAR NANOTECHNOLOGY, LIFE EXTENSION, PREVENTATIVE HEALTH, AND RELATED RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Harris President/ceo | Officer | 40 | $188,050 |
Blake Honiotes Medical Response Dir. | 40 | $100,231 | |
Marji Klima Secretary | Officer | 40 | $87,322 |
R Michael Perry Treasurer | Officer | 40 | $38,962 |
Brian Wowk Director | Trustee | 10 | $0 |
Michael Seidl Director | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
International Cryomedicine Experts Cryomedicine | 12/30/21 | $173,654 |
Arrowood Herbert Pllc Legal Services | 12/30/21 | $195,132 |
Advanced Neural Biosciences Research & Case Outcomes | 12/30/21 | $109,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $748,681 |
| Fundraising events | $0 |
| Related organizations | $117,861 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,820,606 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,687,148 |
| Total Program Service Revenue | $852,456 |
| Investment income | $25,484 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $47,604 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,943,994 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,654,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $424,990 |
| Compensation of current officers, directors, key employees. | $293,121 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $747,935 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,233 |
| Payroll taxes | $85,063 |
| Fees for services: Management | $36,000 |
| Fees for services: Legal | $433,427 |
| Fees for services: Accounting | $66,853 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $724,289 |
| Advertising and promotion | $1,093 |
| Office expenses | $94,777 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $122,614 |
| Travel | $16,219 |
| 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 | $152,902 |
| Insurance | $76,424 |
| All other expenses | $47,348 |
| Total functional expenses | $4,962,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $764,320 |
| Savings and temporary cash investments | $7,812,699 |
| Pledges and grants receivable | $186,954 |
| Accounts receivable, net | $494,807 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $126,634 |
| Inventories for sale or use | $112,349 |
| Prepaid expenses and deferred charges | $191,856 |
| Net Land, buildings, and equipment | $1,287,320 |
| Investments—publicly traded securities | $5,253,713 |
| Investments—other securities | $1,078,427 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,656,081 |
| Total assets | $25,965,160 |
| Accounts payable and accrued expenses | $1,350,558 |
| Grants payable | $0 |
| Deferred revenue | $7,728,191 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $7,638,634 |
| 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 | $847,246 |
| Total liabilities | $17,564,629 |
| Net assets without donor restrictions | $5,602,223 |
| Net assets with donor restrictions | $2,798,308 |
| 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 | $25,965,160 |
Grants Awarded
Over the last fiscal year, Alcor Life Extension Foundation Inc has awarded $1,654,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Berkeley, CA PURPOSE: ACADEMIC RESEARCH | $1,200,000 |
Scottsdale, AZ PURPOSE: SUPPORT | $454,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alcor Life Extension Foundation Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: Scientific research and education | | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Large Binocular Telescope Corporation Tucson, AZ | $104,607,014 | $11,909,094 |
Mozilla Foundation San Francisco, CA | $66,895,760 | $26,523,745 |
Alfred E Mann Foundation For Scientific Research Santa Clarita, CA | $374,343,975 | $128,538,828 |
Western Interstate Commission For Higher Education Boulder, CO | $21,671,158 | $19,186,814 |
Annual Reviews San Mateo, CA | $5,336,677 | $17,287,616 |
Lowell Observatory Flagstaff, AZ | $78,377,713 | $22,823,113 |
Planetary Science Institute Tucson, AZ | $5,275,095 | $17,303,405 |
Tmt International Observatory Llc Pasadena, CA | $169,747,389 | $25,562,706 |
Santa Fe Institute Santa Fe, NM | $95,101,684 | $57,773,982 |
Houston Advanced Research Center The Woodlands, TX | $1,028,112 | $5,176,623 |
Botanical Research Institute Of Texas Inc Fort Worth, TX | $6,415,209 | $12,840,800 |
Biocom San Diego San Diego, CA | $12,285,584 | $10,077,934 |