Foundation For Mitochondrial And Metabolic Disease Research
- Assets
- $59.7k
- Revenue
- $15.0k
- Investments
- $0.0
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 12/1992
- Data as of
- 12/2021
- EIN
- 33-0530849
Organization Overview
Foundation For Mitochondrial And Metabolic Disease Research is located in La Jolla, CA. The organization was established in 1992. According to its NTEE Classification (H80) the organization is classified as: Specifically Named 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. Foundation For Mitochondrial And Metabolic Disease Research 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, Foundation For Mitochondrial And Metabolic Disease Research generated $15.0k 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 (3.1%) each year. All expenses for the organization totaled $16.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATIVE EXPENSES RELATED TO LAB STUDIES ON RARE DISEASES.
ADMINISTRATIVE EXPENSES RELATED TO LAB STUDIES ON RARE DISEASES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Allen Secretary | 10 | $0 | |
Bruce Barshop Treasurer | 10 | $0 | |
William Nyhan MD President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,001 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $14,380 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $745 |
| Total operating and administrative expenses | $16,675 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $16,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,288 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $44,420 |
| Other assets | $0 |
| Total assets | $59,708 |
| 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 | $0 |
| Total liabilities | $0 |
Peer Organizations
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|---|---|---|
Cystinosis Research Foundation Irvine, CA | $10,168,657 | $3,589,447 |
Covid Alliance Inc San Francisco, CA | $134,513 | $337,344 |
Behavioral Diabetes Institute San Diego, CA | $479,332 | $578,824 |
Foundation For Research In Infectious Diseases Saratoga, CA | $985,148 | $243,190 |
Aoki Diabetes Research Institute Inc Sacramento, CA | $99,764 | $119,583 |
Scharp-Lacy Research Institute Aliso Viejo, CA | $268 | $322,378 |
Mecp2 Duplication Foundation Tucson, AZ | $227,770 | $278,819 |
All Greater Good Foundation Beverly Hills, CA | $570,218 | $173,151 |
Mango Foundation Inc Honokaa, HI | $0 | $14,969 |
American Foundation For Addiction Research Carefree, AZ | $616,541 | $178,502 |
Biological Immunity Research Institute 08-01-00 Scottsdale, AZ | $132,076 | $0 |
International Society For Mannosidosis & Related Disease Inc Saratoga, CA | $89,683 | $25,655 |