Meds 1 Medical Research
- Assets
- $393.8k
- Revenue
- $31.5k
- Investments
- $391.8k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 43-2066057
Organization Overview
Meds 1 Medical Research is located in Los Angeles, CA. The organization was established in 2005. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone 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. Meds 1 Medical Research 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, Meds 1 Medical Research generated $31.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $3.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel E Furst CEO | 1 | $0 | |
Shawn Furst CFO | 1 | $0 | |
Elaine A Furst VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $569 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,923 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,988 |
| Capital Gain Net Income | $20,988 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,480 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $319 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,832 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,011 |
| 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 | $391,765 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $393,776 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
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|---|---|---|
Cure Duchenne Mission Viejo, CA | $33,154,912 | $5,442,219 |
Setting Scoliosis Straight Foundation El Cajon, CA | $6,149,373 | $2,209,853 |
Orthopaedic Education And Research Orange, CA | $340,397 | $1,887,033 |
Race To Erase Ms Los Angeles, CA | $3,284,707 | $1,461,355 |
Kerlan-Jobe Orthopaedic Foundation Encino, CA | $3,007,500 | $691,700 |
Cure Cmd Lakewood, CA | $883,165 | $587,488 |
International Neuromodulation Society San Francisco, CA | $2,410,063 | $628,946 |
Northern California Institute For Bone Health Inc Orinda, CA | $368,891 | $545,320 |
Als Cure Project Inc Pleasanton, CA | $178,157 | $158,344 |
Mann Medical Research Organization Sylmar, CA | $51,776,775 | $3,358,890 |
Kennedys Disease Association Coarsegold, CA | $581,584 | $293,954 |
Center For Neurosciences Foundation Tucson, AZ | $25,437 | $0 |