The Childrens Medical Research Foundation Inc
- Assets
- $143.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Western Springs, IL
- Founding
- 11/1995
- Data as of
- 12/2022
- EIN
- 36-4033667
Organization Overview
The Childrens Medical Research Foundation Inc is located in Western Springs, IL. The organization was established in 1995. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., 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. Childrens Medical Research 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 12/2022, Childrens Medical Research Foundation Inc generated $17.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $9.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (38.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AWARDED FUNDS TO DR. MITCHELL DRUMM OF CASE WESTERN RESERVE UNIVERSITY'S RESEARCH INSTITUTE FOR CHILDREN'S HEALTH FOR HIS GRANT APPLICATION ENTITLED "GENE THERAPY FOR SANFILIPPO SYNDROME." GRANT PERIOD FROM 12/01/2020 TO 11/30/2022. INITIAL PAYMENT OF $112,000 WAS MADE IN NOVEMBER 2020, WITH THE SECOND PAYMENT OF $112,000 MADE IN NOVEMBER 2021.THE FOUNDATIION'S EXPECTATION IS TO CONTINUE TO FUND THIS WORK IN 2023 AS IT PROGRESSES TOWARD GENE THERAPY FOR SANFILIPPO SYNFROME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Wilson President | 15 | $0 | |
Bradford Wilson Treasurer | 0 | $0 | |
Robert Bedore Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,296 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $96 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,392 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,395 |
| Other expenses | $4,483 |
| Total expenses | $9,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,426 |
| Other assets | $0 |
| Total assets | $143,166 |
| Total liabilities | $2,409 |
| Net assets or fund balances | $140,757 |