Achroma Corp
- Assets
- $106.0k
- Revenue
- $101.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Butler, PA
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-5075025
Organization Overview
Achroma Corp is located in Butler, PA. The organization was established in 2012. According to its NTEE Classification (G40) the organization is classified as: Diseases of Specific Organs, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Achroma Corp 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, Achroma Corp generated $101.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $61.5k during the year ending 12/2021. 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
RAISING FUNDS FOR RESEARCH: TOWARD TREATING AND CURING ACHROMATOPSIA: IMPROVING THE LIVES OF PERSONS AFFECTED WITH THE DISEASE; AND,RAISING PUBLIC AWARENESS OF THE DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISING FUNDS FOR RESEARCH: TOWARD TREATING AND CURING ACHROMATOPSIA: IMPROVING THE LIVES OF PERSONS AFFECTED WITH THE DISEASE; AND,RAISING PUBLIC AWARENESS OF THE DISEASE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridget Vissari President | OfficerTrustee | 10 | $21,400 |
John Vissari Vice Preside | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,778 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $101,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,000 |
| 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 | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $27 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,291 |
| Insurance | $0 |
| All other expenses | $87 |
| Total functional expenses | $61,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,781 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,259 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $106,040 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $106,040 |
| Net assets with donor restrictions | $0 |
| 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 | $106,040 |
Grants Awarded
Over the last fiscal year, Achroma Corp has awarded $44,940 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF FLORIDA PURPOSE: RESEARCH ACHROMA | $27,940 |
VITREO RETINAL ASSOCIATION PURPOSE: RESEARCH ACHROMA | $17,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Achroma Corp has recieved totaling $6,294.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,663 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $631 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Foundation For Celiac Awareness Ambler, PA | $4,645,706 | $2,656,405 |
Muskingum Economic Opportunity Action Group Inc Zanesville, OH | $4,320,437 | $2,504,146 |
Renal Physicians Association Rockville, MD | $5,813,955 | $2,984,483 |
Dystrophic Epidermolysis Bullosa Research Assn Of America Inc New York, NY | $2,216,777 | $1,109,789 |
Muskingum Residentials Inc Zanesville, OH | $1,335,255 | $1,576,280 |
Histiocytosis Association Inc Pitman, NJ | $2,387,632 | $1,416,505 |
National Renal Administrators Association Mount Royal, NJ | $21,861,692 | $2,274,258 |
Pennsylvania Workforce Development Association Camp Hill, PA | $576,596 | $904,674 |
Lets Win Pancreatic Cancer Foundation New York, NY | $1,768,476 | $1,270,755 |
Foundation For Ichthyosis And Related Skin Types Lansdale, PA | $2,615,716 | $1,013,506 |
Community Liver Alliance Pittsburgh, PA | $995,592 | $709,800 |
Halachic Organ Donor Society Inc New York, NY | $197,834 | $485,319 |