Associated Scientists To Help Minimize Asthma
- Assets
- $774.0k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 16
- Location
- Seattle, WA
- Founding
- 11/1972
- Data as of
- 12/2021
- EIN
- 23-7219813
Organization Overview
Associated Scientists To Help Minimize Asthma, operating under the name ASTHMA Inc SEATTLE ALLERGY AND ASTHMA RESEARCH INSTITUTE, is located in Seattle, WA. The organization was established in 1972. According to its NTEE Classification (H60) the organization is classified as: Allergy-Related Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, ASTHMA Inc SEATTLE ALLERGY AND ASTHMA RESEARCH INSTITUTE employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. ASTHMA Inc SEATTLE ALLERGY AND ASTHMA RESEARCH INSTITUTE 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, ASTHMA Inc SEATTLE ALLERGY AND ASTHMA RESEARCH INSTITUTE generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 1.8% 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
TO INVESTIGATE NEW TREATMENTS IN ALLERGY, ASTHMA, AND IMMUNOLOGY. THE CORPORATION IS ORGANIZED AS A (SEE SCHEDULE O FOR MORE)
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASTHMA INC. CONDUCTS RESEARCH STUDIES FOR COMPANIES THAT WANT TO TEST EXPERIMENTAL MEDICATIONS, DEVICES OR TREATMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Petroni Daniel H Executive Director | Trustee | 19.1 | $187,250 |
Miller Lisa M Clinical Research Site Manager | 41.8 | $103,294 | |
Winterroth Lisa C Board Member | OfficerTrustee | 6.2 | $33,500 |
Virant Frank S Board Member | Trustee | 1 | $625 |
Tatum Ashley J Board Member | Trustee | 1 | $625 |
Burnett Trever M Board Member | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $161,678 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,189 |
| Total Program Service Revenue | $1,065,046 |
| 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 | $1,238,235 |
| 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. | $222,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $460,152 |
| Pension plan accruals and contributions | $15,872 |
| Other employee benefits | $52,127 |
| Payroll taxes | $48,631 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,692 |
| Fees for services: Accounting | $17,003 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,295 |
| Advertising and promotion | $0 |
| Office expenses | $30,187 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $104,054 |
| Travel | $14 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,679 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,700 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,187,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,112 |
| Savings and temporary cash investments | $272 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $498,890 |
| 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 | $4,753 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $774,027 |
| Accounts payable and accrued expenses | $5,916 |
| 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 | $53,400 |
| Total liabilities | $59,316 |
| Net assets without donor restrictions | $714,711 |
| 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 | $774,027 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Associated Scientists To Help Minimize Asthma has recieved totaling $10,211.
| Awarding Organization | Amount |
|---|---|
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $211 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Infectious Disease Research Institute Seattle, WA | $13,563,097 | $13,342,560 |
University Medical Group Inc Portland, OR | $0 | $19,037,411 |
Seattle Institute For Biomedical And Clinical Research Seattle, WA | $15,332,692 | $17,750,569 |
Veterans Medical Research Foundation Of Sd San Diego, CA | $7,321,086 | $16,367,755 |
Conard House Inc San Francisco, CA | $5,907,710 | $14,988,369 |
Movember Foundation Santa Monica, CA | $31,257,231 | $18,583,289 |
Washington Research Foundation Seattle, WA | $325,923,396 | $51,887,435 |
Jonsson Cancer Center Foundation- Ucla Los Angeles, CA | $29,334,497 | $13,187,047 |
Huntington Medical Research Institutes Pasadena, CA | $82,259,720 | $16,674,865 |
The Young Living Foundation Lehi, UT | $9,856,727 | $9,672,215 |
Cancer Research And Biostatistics Seattle, WA | $8,442,496 | $11,626,712 |
Hopelab Foundation Inc San Francisco, CA | $32,085,472 | $14,961,821 |