The Focus Foundation Inc
- Assets
- $629.8k
- Revenue
- $285.6k
- Investments
- $0.0
- Employees
- 15
- Location
- Davidsonville, MD
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 34-2045354
Organization Overview
The Focus Foundation Inc is located in Davidsonville, MD. The organization was established in 2007. 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. As of 12/2021, Focus Foundation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Focus 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, Focus Foundation Inc generated $285.6k 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 (8.8%) each year. All expenses for the organization totaled $670.7k during the year ending 12/2021. 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 INCREASE AWARENESS, IDENTIFICATION, UNDERSTANDING AND TREATMENT OF CHILDREN WITH APRAXIA, DYSLEXIA AND SEX CHROMOSOME DISORDERS AND FOSTER AND PROMOTE SCIENTIFIC RESEARCH RELATING TO THESE DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INCREASE AWARENESS, IDENTIFICATION, UNDERSTANDING AND TREATMENT OF CHILDREN WITH APRAXIA, DYSLEXIA ANS SEX CHROMOSOME DISORDERS AND FOSTER AND PROMOTE SCIENTIFIC RESEARCH RELATING TO THESE DISORDERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Carole Sprouse Executive Director | Officer | 40 | $103,840 |
Linda Loftus Eds Secretary And Treasurer | OfficerTrustee | 4 | $0 |
Francine Mitchell Ms Dpt Vice President | OfficerTrustee | 4 | $0 |
George Stratts President | OfficerTrustee | 4 | $0 |
Jacolyn Bucksbaum Board Member | Trustee | 4 | $0 |
Stephanie Donahue Legal Consultant | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,005 |
| Related organizations | $0 |
| Government grants | $62,325 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,693 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,023 |
| Total Program Service Revenue | $0 |
| Investment income | $4,036 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,495 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,299 |
| 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. | $114,026 |
| Compensation of current officers, directors, key employees. | $11,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $353,536 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,010 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,676 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,520 |
| Fees for services: Other | $387 |
| Advertising and promotion | $703 |
| Office expenses | $17,911 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,466 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,000 |
| Insurance | $3,702 |
| All other expenses | $0 |
| Total functional expenses | $670,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,866 |
| Savings and temporary cash investments | $329,538 |
| Pledges and grants receivable | $23,763 |
| Accounts receivable, net | $0 |
| 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 | $18,301 |
| Net Land, buildings, and equipment | $4,029 |
| Investments—publicly traded securities | $199,291 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $629,788 |
| Accounts payable and accrued expenses | $49,187 |
| 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 | $49,187 |
| Net assets without donor restrictions | $580,601 |
| 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 | $629,788 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Focus Foundation Inc has recieved totaling $3,606.
| Awarding Organization | Amount |
|---|---|
Patricia S Heyman Foundation Inc Greenwich, CT PURPOSE: UNRESTRICTED FUNDS | $2,500 |
Walsh Family Foundation Inc Stamford, CT PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Diabetes Association Arlington, VA | $0 | $9,794,159 |
Diabetes Research And Wellness Foundation Inc Washington, DC | $1,212,981 | $4,864,791 |
Center For Disease Dynamics Economics & Policy Inc Silver Spring, MD | $14,711,427 | $16,249,766 |
Hae International Fairfax, VA | $3,180,966 | $2,676,110 |
Foundation To Eradicate Duchenne Inc Alexandria, VA | $773,260 | $921,694 |
The Focus Foundation Inc Davidsonville, MD | $629,788 | $285,564 |
Bruce Edwards Als Research Foundation Inc Crownsville, MD | $227,432 | $0 |
Vascular Specialist Education Foundation Inc Virginia Beach, VA | $0 | $0 |
Scarring Alopecia Foundation Kulpsville, PA | $51,876 | $0 |
Virginia Diabetes Council Chesterfield, VA | $64,309 | $192,071 |
Ehlers-Danlos Research Foundation Pikesville, MD | $320,805 | $301,721 |
Selective Mutism Research Institute Flourtown, PA | $56,844 | $121,071 |