Male Contraception Initiative
- Assets
- $4.3m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 7
- Location
- Durham, NC
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 47-1124856
Organization Overview
Male Contraception Initiative, operating under the name Male Contraceptive Initiative, is located in Durham, NC. The organization was established in 2014. According to its NTEE Classification (R61) the organization is classified as: Reproductive Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Male Contraceptive Initiative employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Male Contraceptive Initiative 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, Male Contraceptive Initiative generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 62.5% each year . All expenses for the organization totaled $2.7m during the year ending 12/2022. While expenses have increased by 70.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Male Contraceptive Initiative has awarded 28 individual grants totaling $5,731,769. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MALE CONTRACEPTIVE INITIATIVE'S MISSION IS TO EMPOWER MEN, AND COUPLES, TO FULLY CONTRIBUTE TO FAMILY PLANNING GOALS BY PROVIDING THEM THE RESOURCES THEY NEED FOR REPRODUCTIVE AUTONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATE RESEARCH & DEVELOPMENT OF MALE CONTRACEPTIVES FOR PEOPLE AROUND THE WORLD AND TO BUILD AWARENESS AMONG RESEARCHERS, DONORS, AND THE GENERAL PUBLIC ABOUT THE DEMAND FOR AND STATUS OF NOVEL MALE CONTRACEPTIVE METHODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Vahdat Executive Director | Officer | 40 | $135,167 |
Michael Rusnak Treasurer | OfficerTrustee | 2 | $67,419 |
Connie Moreadith Chair | OfficerTrustee | 4 | $0 |
Karen Blyth Secretary | OfficerTrustee | 2 | $0 |
R Edward Benson Director | Trustee | 4 | $0 |
John Decaro Director | Trustee | 3 | $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 | $1,898,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,898,060 |
| Total Program Service Revenue | $0 |
| Investment income | $2,925 |
| 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 | $1,901,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,012,706 |
| Grants and other assistance to domestic individuals. | $116,431 |
| Grants and other assistance to Foreign Orgs/Individuals | $65,310 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $135,167 |
| Compensation of current officers, directors, key employees. | $19,667 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $215,637 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,847 |
| Payroll taxes | $26,579 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,716 |
| Fees for services: Accounting | $20,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,373 |
| Advertising and promotion | $7,384 |
| Office expenses | $13,243 |
| Information technology | $10,615 |
| Royalties | $0 |
| Occupancy | $7,252 |
| Travel | $4,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,914 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,733 |
| All other expenses | $27 |
| Total functional expenses | $2,724,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $510,956 |
| Savings and temporary cash investments | $3,643,140 |
| Pledges and grants receivable | $4,105 |
| 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 | $4,912 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $164,892 |
| Total assets | $4,328,005 |
| Accounts payable and accrued expenses | $12,898 |
| 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 | $12,898 |
| Net assets without donor restrictions | $4,315,107 |
| 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 | $4,328,005 |
Grants Awarded
Over the last fiscal year, Male Contraception Initiative has awarded $1,990,875 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
YOURCHOICE THERAPEUTICS PURPOSE: Nonclincial Research Advancement | $150,000 |
EPPIN PHARMA INC PURPOSE: Nonclincial Research Advancement | $550,000 |
YALE UNIVERSITY PURPOSE: Nonclincial Research Advancement | $75,000 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: Nonclincial Research Advancement | $75,000 |
OUTSIGHT 4 DEVELOPMENT PURPOSE: Nonclincial Research Advancement | $100,000 |
CONTRACEPTIVE ACCELERATOR NETWORK PURPOSE: Nonclincial Research Advancement | $750,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Male Contraception Initiative Durham, NC | $4,328,005 | $1,901,609 |
Planned Parenthood Votes South Atlantic Raleigh, NC | $539,277 | $2,645,643 |
Rewire News Group McLean, VA | $3,176,047 | $2,725,526 |
Spark Reproductive Justice Now Inc Atlanta, GA | $5,771,893 | $1,620,801 |
Confidential Care Mobile Ministry Inc Millington, TN | $453,072 | $1,353,683 |
New River Abortion Access Fund Blacksburg, VA | $153,658 | $365,978 |
Pro Choice Virginia Alexandria, VA | $399,200 | $269,936 |
Palmetto State Abortion Fund Columbia, SC | $20,885 | $0 |
Charlotte For Choice Charlotte, NC | $28,491 | $29,513 |
Roe Bro Brigade Corp Grayson, GA | $0 | $0 |