T1d Exchange Inc
- Assets
- $15.6m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 39
- Location
- Boston, MA
- Founding
- 04/2013
- Data as of
- 12/2023
- EIN
- 45-1623549
Organization Overview
T1d Exchange Inc is located in Boston, MA. The organization was established in 2013. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2023, T1d Exchange Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. T1d Exchange 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 12/2023, T1d Exchange Inc generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $10.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
T1D EXCHANGE IS A LEADING PROVIDER OF REAL-WORLD EVIDENCE, DEDICATED TO IMPROVING OUTCOMES FOR THE ENTIRE T1D POPULATION THROUGH DRIVING COLLABORATIVE CHANGE. T1D EXCHANGE ACTIVELY SUPPORTS QUALITY IMPROVEMENT AND INNOVATION THROUGH ITS QUALITY IMPROVEMENT COLLABORATIVE, PATIENT REGISTRY, AND DATA-ORIENTED RESEARCH SERVICES. IT PLAYS AN ACTIVE ROLE IN CREATING REAL-WORLD IMPACT WITH THIS INTEGRATED DATA BY PROVIDING CLINICIANS, RESEARCHERS, INDUSTRY PARTNERS AND ADVOCATES WITH THE RESOURCES AND SERVICES THEY NEED FOR BETTER DECISION SUPPORT AND POPULATION HEALTH MANAGEMENT.
Describe the Organization's Program Activity:
T1D EXCHANGE MAINTAINS THREE KEY PROGRAMS, THE QUALITY IMPROVEMENT COLLABORATIVE, THE T1D EXCHANGE REGISTRY, AND CUSTOM RESEARCH SERVICES. THE T1D EXCHANGE QUALITY IMPROVEMENT COLLABORATIVE CONSISTS OF A LEARNING COLLABORATIVE COMPRISED OF DIABETES CENTERS FROM ACROSS THE US, AND A COMPANION DATA PLATFORM INTEGRATING EMR DATA TO REDEFINE BEST PRACTICES, ENHANCE THE QUALITY OF CARE, AND ULTIMATELY GENERATE BETTER OUTCOMES. THE T1D EXCHANGE REGISTRY IS AN ONLINE VIRTUAL REGISTRY COMPRISED OF INDIVIDUALS WITH TYPE 1 DIABETES AND/OR THEIR CAREGIVERS WHO PARTICIPATE IN RESEARCH. REGISTRY PARTICIPANTS PROVIDE PATIENT-REPORTED INFORMATION ON THEIR CARE AND MANAGEMENT OF DIABETES. FINALLY, T1D EXCHANGE PROVIDES CUSTOM RESEARCH SERVICES THAT COMBINE ITS ANALYTICS WITH ADDITIONAL OFFERINGS SUCH AS CUSTOM SURVEYS, INTERVIEWS, FOCUS GROUPS, DEVICE DATA INTEGRATION, ETC. THIS MODEL HELPS CONNECT PATIENTS, PROVIDERS, INDUSTRY AND ACADEMIA SO THAT INNOVATION IS ACCELERATED AND CARE IS OPTIMIZED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Collins Treasurer & Chair Of Finance, Audit | OfficerTrustee | 1 | $0 |
Jay Mohr Director/chair Of Board Of Directors | OfficerTrustee | 1 | $0 |
Marijane Norris-Geary Director/chair Of Board Of Executive | OfficerTrustee | 1 | $0 |
Rick Altinger Director - Chair Of Development | OfficerTrustee | 1 | $0 |
John L Brooks III Director | Trustee | 1 | $0 |
David Walton President/secretary | OfficerTrustee | 40 | $418,563 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Newfire Llc Software Design & Development | 12/30/23 | $955,379 |
Icahn School Of Medicine Research | 12/30/23 | $170,000 |
Apogee It Services | 12/30/23 | $106,569 |
Tegria It Services | 12/30/23 | $101,987 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $150,000 |
| Fundraising events | $0 |
| Related organizations | $100,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,174,282 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,424,282 |
| Total Program Service Revenue | $2,647,898 |
| Investment income | $202,912 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,275,092 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $388,562 |
| Compensation of current officers, directors, key employees. | $194,281 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,117,604 |
| Pension plan accruals and contributions | $127,420 |
| Other employee benefits | $353,027 |
| Payroll taxes | $325,546 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,852 |
| Fees for services: Accounting | $48,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $207,193 |
| Advertising and promotion | $133,929 |
| Office expenses | $64,903 |
| Information technology | $205,505 |
| Royalties | $0 |
| Occupancy | $196,969 |
| Travel | $204,937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $402,842 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $757,113 |
| Insurance | $55,509 |
| All other expenses | $0 |
| Total functional expenses | $10,179,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,013,245 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,683,126 |
| Accounts receivable, net | $475,000 |
| 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 | $382,353 |
| Net Land, buildings, and equipment | $14,238 |
| Investments—publicly traded securities | $1,131,464 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $600,187 |
| Other assets | $299,845 |
| Total assets | $15,599,458 |
| Accounts payable and accrued expenses | $1,664,775 |
| Grants payable | $0 |
| Deferred revenue | $211,377 |
| 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 | $408,587 |
| Total liabilities | $2,284,739 |
| Net assets without donor restrictions | $4,438,020 |
| Net assets with donor restrictions | $8,876,699 |
| 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 | $15,599,458 |