Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit
- Assets
- $2.8m
- Revenue
- $1.4m
- Investments
- $2.2m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 32-0422495
Organization Overview
Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit is located in Seattle, WA. The organization was established in 2014. 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. Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit 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 12/2022, Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit has awarded 26 individual grants totaling $655,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING HELD IN PERSON & VIRTUALLY JULY 14, 2022 WITH 410 ATTENDEES. DISCUSSION OF GRAPPA'S RESEARCH AGENDA AND PHYSICIAN TRAINING.
GRAPPA ADJACENT TO ACR (AMERICAN COLLEGE OF RHEUMATOLOGY) IN PERSON & VIRUTAL MEETING HELD NOVEMBER 11, 2022 WITH 205 ATTENDEES. DISCUSSION OF LATEST DEVELOPMEMTS IN PSORIATIC ARTHRITIS AND PHYSICIAN TRAINING.
GRAPPA ADJACENT TO AAD (AMERICAN ACADEMY OF DERMATOLOGY) IN PERSON & VIRUTAL MEETING HELD MARCH 27, 2022 WITH 150 ATTENDEES. DISCUSSION OF LATEST DEVELOPMETNS IN PSORIATIC ARTHRITIS AND PHYSICIAN TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristina Callis Duffin Immediate Past President | 0.25 | $0 | |
Arthur Kavanaugh Co Vice-President | 2 | $0 | |
Philip Mease Secretary | 3 | $0 | |
Oliver Fitzgerald Co President | 2 | $0 | |
Joseph Merola Co Vice-President | 2 | $0 | |
Vinod Chandran At Large | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Janine Kowack | 12/30/22 | $72,039 |
Lynne Mcfarland | 12/30/22 | $14,520 |
Judi Pickell | 12/30/22 | $103,665 |
Sharon Andrews | 12/30/22 | $13,201 |
Annie Spangler | 12/30/22 | $6,116 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,274,376 |
| Interest on Savings | $115 |
| Dividends & Interest | $19,414 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,838 |
| Capital Gain Net Income | $27,838 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $65,825 |
| Total Revenue | $1,387,568 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $959 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,140,576 |
| Printing and publications | $64,825 |
| Other expenses | $22,476 |
| Total operating and administrative expenses | $1,536,027 |
| Contributions, gifts, grants paid | $145,000 |
| Total expenses and disbursements | $1,681,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,962 |
| Savings and temporary cash investments | $418,727 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $390 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,227,496 |
| Net Land, buildings, and equipment | $7,598 |
| Other assets | $0 |
| Total assets | $2,805,173 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $20,697 |
| Total liabilities | $20,697 |
Grants Awarded
Over the last fiscal year, Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit has awarded $145,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
EAST BAY INSTITUTE FOR RESEARCH & EDUCATION PURPOSE: PILOT RESEARCH GRANT FOR PSORIATIC ARTHRITIS | $35,000 |
OREGON HEALTH & SCIENCE UNIVERSITY PURPOSE: PILOT RESEARCH GRANT FOR PSORIATIC ARTHRITIS | $25,000 |
DAVID SIMONSUNIV HOSPITAL ERLANGEN PURPOSE: PILOT RESEARCH GRANT FOR PSORIATIC ARTHRITIS | $25,000 |
LOURDES PEREZ-CHADABRIGHAM AND WOMEN'S HOSPITAL PURPOSE: PILOT RESEARCH GRANT FOR PSORIATIC ARTHRITIS | $35,000 |
MARIA SHUTOVAUNIVERSITE DE GENEVA PURPOSE: PILOT RESEARCH GRANT FOR PSORIATIC ARTHRITIS | $25,000 |