Canavan Research Illinois
- Assets
- $143.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo Grove, IL
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 36-4362105
Organization Overview
Canavan Research Illinois is located in Buffalo Grove, IL. The organization was established in 2000. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, 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. Canavan Research Illinois 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, Canavan Research Illinois generated $20.2k 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 (21.5%) each year. All expenses for the organization totaled $25.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 7 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
SEE STATEMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ilyce J Randell President | 25 | $18,000 | |
Margaret E Nyeholt Vice Preside | 0 | $0 | |
Michael D Randell Secretary | 0 | $0 | |
Michael R Hartman Treasurer | 0 | $0 | |
James E Nyeholt Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,232 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,232 |
| 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 | $9,000 |
| Occupancy, rent, utilities, and maintenance | $9,000 |
| Printing, publications, postage, and shipping | $183 |
| Other expenses | $7,350 |
| Total expenses | $25,533 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,487 |
| Other assets | $0 |
| Total assets | $143,487 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,487 |