Lahser Interspecies Research Foundation
- Assets
- $6.2m
- Revenue
- $1.1m
- Investments
- $4.6m
- Employees
- 0
- Location
- Davison, MI
- Founding
- 12/2004
- Data as of
- 12/2023
- EIN
- 36-4542343
Organization Overview
Lahser Interspecies Research Foundation is located in Davison, MI. The organization was established in 2004. According to its NTEE Classification (H70) the organization is classified as: Digestive Diseases & Disorders 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. Lahser Interspecies Research 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 12/2023, Lahser Interspecies Research Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $559.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC RESEARCH TO ELUCIDATE THE NATURE OF INFECTIOUS GASTROINTESTINAL DISEASES IN BIRDS AND TELEOST FISHES, SPECIFICALLY, PROVENTRICULAR DILATION DISEASE & ITS RELATIONSHIP TO HUMAN GASTROINTESTINAL DISEASE.
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 |
|---|---|---|---|
Scott B Karlene MD Pres/sec | 10 | $0 | |
Kevin J Gaffney MD Vp/treas | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,200,000 |
| Interest on Savings | $526 |
| Dividends & Interest | $62,760 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$163,392 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,099,894 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $205,076 |
| Pension plans, employee benefits | $23,469 |
| Interest | $265 |
| Taxes | $419 |
| Depreciation | $24,951 |
| Occupancy | $124,360 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175,451 |
| Total operating and administrative expenses | $559,611 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $559,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,112,918 |
| Savings and temporary cash investments | $0 |
| 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 | $59,860 |
| Net Land, buildings, and equipment | $441,453 |
| Other assets | $0 |
| Total assets | $6,170,620 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,000 |