The Allergists Foundation
- Assets
- $1.7m
- Revenue
- $139.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 12/2000
- Data as of
- 12/2021
- EIN
- 36-4305678
Organization Overview
The Allergists Foundation is located in Arlington Heights, IL. The organization was established in 2000. According to its NTEE Classification (H60) the organization is classified as: Allergy-Related 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. Allergists Foundation 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, Allergists Foundation generated $139.0k 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 (5.6%) each year. All expenses for the organization totaled $97.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) 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 MAINTAIN THE INTEGRITY AND FUTURE OF THE SPECIALTY OF ALLERGY AND IMMUNOLOGY THROUGH THE SUPPORT OF THE HIGHEST QUALITY PROFESSIONAL TRAINING AND PATIENT ASSISTANCE PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION FUNDED SIX COMMUNITY GRANTS DURING 2021
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bruce Engler MD President | OfficerTrustee | 2 | $0 |
Gailen D Marshall Jr MD PHD Acaai Vice President | OfficerTrustee | 2 | $0 |
James Michael Tracy DO Treasurer | OfficerTrustee | 2 | $0 |
Luz Sison Fonacier MD Acaai Immed Past President | OfficerTrustee | 2 | $0 |
Mark L Corbett MD Acaai President | OfficerTrustee | 2 | $0 |
Stanley M Fineman MD MBA President Thru 11/21 | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,032 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,163 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,195 |
| Total Program Service Revenue | $0 |
| Investment income | $31,936 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $36,835 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $138,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,622 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,264 |
| Fees for services: Accounting | $12,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,213 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,176 |
| 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 | $3,142 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $20,000 |
| Total functional expenses | $97,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $110,604 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,843 |
| 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 | $0 |
| Investments—publicly traded securities | $1,528,680 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,673,127 |
| Accounts payable and accrued expenses | $8,149 |
| 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 | $8,149 |
| Net assets without donor restrictions | $1,588,428 |
| Net assets with donor restrictions | $76,550 |
| 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 | $1,673,127 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Allergists Foundation has recieved totaling $6,063.
| Awarding Organization | Amount |
|---|---|
Rose Community Foundation Denver, CO PURPOSE: general operating support, ACAAI Allergy Fellows | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $63 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walther Cancer Foundation Inc Indianapolis, IN | $153,573,547 | $10,375,494 |
Friedreichs Ataxia Research Alliance Fara Springfield, VA | $7,478,784 | $7,717,778 |
Mercy Research Springfield, MO | $1,873,704 | $4,182,009 |
Prevent Cancer Foundation Alexandria, VA | $19,123,889 | $9,204,793 |
Ulta Beauty Charitable Foundation Bolingbrook, IL | $10,193,540 | $17,881,824 |
Cerebral Palsy Research Foundation Of Kansas Inc Wichita, KS | $16,856,150 | $7,008,129 |
Gateway For Cancer Research Inc Schaumburg, IL | $18,916,146 | $4,888,015 |
Superior Health Quality Alliance Inc Madison, WI | $4,742,622 | $6,863,958 |
Area Ambulance Authority Cedar Rapids, IA | $10,871,659 | $8,115,144 |
American Dairy Association Of Michigan Inc Okemos, MI | $3,921,233 | $8,317,997 |
Advanced Textiles Association Roseville, MN | $7,913,490 | $8,259,339 |
Premier Community Health Dayton, OH | $3,886,537 | $6,142,148 |