Diabetes Technology Society
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Burlingame, CA
- Founding
- 04/2002
- Data as of
- 12/2021
- EIN
- 30-0012730
Organization Overview
Diabetes Technology Society is located in Burlingame, CA. The organization was established in 2002. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Diabetes Technology Society employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diabetes Technology Society 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, Diabetes Technology Society generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $891.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 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
TO FACILITATE RESEARCH INTO THE TREATMENT,MONITORING, DIAGNOSIS AND PREVENTION OF DIABETES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FURTHER EDUCATE PROFESSIONALS AND THE PUBLIC ON THE TREATMENT, MONITORING, DIAGNOSIS AND PREVENTION OF DIABETES. THIS WAS ACHIEVED BY HOLDING SIX EDUCATIONAL VIRTUAL CONFERENCES IN 2021 AND MAINTAINING AN INFORMATIONAL WEB SITE. CONFERENCES HELD IN 2021 AND NUMBER OF ATTENDESS ARE AS FOLLOWS:1. WEBINAR: THE NEED FOR EVEN FASTER ACTING INSULINS TO IMPROVE PATIENT OUTCOMES; MARCH 2, 2021; 336 ATTENDEES.2. CONSENSUS GUIDELINE ON THE OUTPATIENT USE OF CONTINUOUS KETONE MONITORS; APRIL 20, 2021; 28 ATTENDEES.3. VIRTUAL GREEN DIABETES SUMMIT; JULY 21, 2021; 33 ATTENDEES.4. VIRTUAL DIABETES TECHNOLOGY MEETING POSTER SESSION; NOVEMBER 11, 2021; 139 ATTENDEES.5. VIRTUAL DIABETES TECHNOLOGY MEETING; NOVEMBER 4-6, 2021; 431 ATTENDEES.6. IMPROVING THE PATIENT EXPERIENCE WITH LONGER WEAR INFUSION SETS SYMPOSIUM; DECEMBER 1, 2021; 226 ATTENDEES.
COPYRIGHT INCOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr David Klonoff MD President | OfficerTrustee | 40 | $307,813 |
Henry Wykowski Director | Trustee | 1 | $0 |
Avery Diamond Director | Trustee | 1 | $0 |
Dr Gerald R Sydorak MD Director | Trustee | 1 | $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 | $790,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $790,036 |
| Total Program Service Revenue | $273,426 |
| Investment income | $142 |
| 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 | $1,063,604 |
| 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. | $307,813 |
| Compensation of current officers, directors, key employees. | $30,781 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,005 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $30,203 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,846 |
| Fees for services: Accounting | $2,509 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $236,499 |
| Advertising and promotion | $0 |
| Office expenses | $74,454 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,400 |
| Travel | $6,635 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,105 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,450 |
| Insurance | $16,343 |
| All other expenses | $0 |
| Total functional expenses | $891,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,155,279 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $270,500 |
| 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 | $3,044 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $6,044 |
| Other assets | $0 |
| Total assets | $1,434,867 |
| Accounts payable and accrued expenses | $7,795 |
| 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 | $7,795 |
| Net assets without donor restrictions | $1,427,072 |
| 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 | $1,434,867 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Diabetes Technology Society has recieved totaling $20,250.
| Awarding Organization | Amount |
|---|---|
Foundation For Innovative New Diagnostics Find PURPOSE: Consolidation of publications | | $20,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hemostasis And Thrombosis Center Of Nevada Las Vegas, NV | $8,050,475 | $23,289,804 |
Fritz B Burns Foundation Woodland Hills, CA | $180,854,841 | $52,854,889 |
Central Valley Recovery Services Inc Visalia, CA | $3,599,081 | $4,507,938 |
Foundation For Prader Willi Research Walnut, CA | $6,744,610 | $3,838,959 |
Taking Control Of Your Diabetes Solana Beach, CA | $2,888,686 | $2,832,970 |
Create Cures Foundation Santa Monica, CA | $2,110,360 | $1,248,713 |
Lyme Disease Biobank Foundation Portland, OR | $99,221 | $737,856 |
Diabetes Technology Society Burlingame, CA | $1,434,867 | $1,063,604 |
Lgs Foundation San Diego, CA | $1,489,428 | $785,563 |
Kern County Hispanic Commission On Alcohol And Drug Abuse Services Bakersfield, CA | $100,045 | $666,769 |
Lymedisease Org San Ramon, CA | $1,816,385 | $619,817 |
Brian Grant Foundation Portland, OR | $885,481 | $441,444 |