Danas Angels Research Tr
- Assets
- $834.3k
- Revenue
- $469.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 51-6528048
Organization Overview
Danas Angels Research Tr is located in Greenwich, CT. The organization was established in 2003. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, 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. Danas Angels Research Tr 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, Danas Angels Research Tr generated $469.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $184.6k during the year ending 12/2021. While expenses have increased by 0.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DANAS ANGELS RESEARCH TRUSTS MISSION IS FURTHERING MEDICAL RESEARCH, MEDICAL EDUCATION, OR MEDICAL OR HOSPITAL CARE FOR THE TREATMENT OF NIEMANN-PICK TYPE C DISEASE OR SIMILAR GENETIC DISEASES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO CRISTIN DAVIDSON, PHD FOR WORK AT THE NIH RELATED TO GENE THERAPY FOR NPC AS WELL AS OVERALL COORDINATION OF SOAR-NPC DRUG DEVELOPMENT COLLABORATION EFFORTS.
RESEARCH INTERNSHIPS FOR STUDENTS FROM FORDHAM UNIVERSITY TO ASSIST NP-C RESEARCHERS DURING THE SUMMER OF 2019 AT WEILL CORNELL MEDICAL COLLEGE.
GRANT FOR POTENTIAL THERAPY DEVELOPMENT AT DARTMOUTH COLLEGE IN COLLABORATION WITH THE ARA PARSEGHIAN RESEARCH FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Marella Trustee | Trustee | 20 | $0 |
Maria Pope Kessel Trustee | Trustee | 5 | $0 |
Andrea Marella Trustee | Trustee | 30 | $0 |
Norman Bryn Trustee | Trustee | 5 | $0 |
Christina Krauss Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $121,997 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $346,016 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $468,013 |
| Total Program Service Revenue | $0 |
| Investment income | -$61 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,332 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $469,284 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $130,044 |
| Grants and other assistance to domestic individuals. | $40,000 |
| 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 | $0 |
| Fees for services: Lobbying | $454 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $191 |
| Office expenses | $0 |
| Information technology | $4,930 |
| 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 | $0 |
| Insurance | $1,031 |
| All other expenses | $1,169 |
| Total functional expenses | $184,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,168 |
| Savings and temporary cash investments | $824,100 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $834,278 |
| 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 | $0 |
| 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 | $834,278 |
| Total liabilities and net assets/fund balances | $834,278 |
Grants Awarded
Over the last fiscal year, Danas Angels Research Tr has awarded $130,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Hanover, NH PURPOSE: Medical Research | $50,000 |
WEILL CORNELL MEDICAL COLLEGE PURPOSE: Medical Research | $50,000 |
Ann Arbor, MI PURPOSE: Medical Research | $20,000 |
NAT'L INSTITUTES OF HEALTH PURPOSE: Medical Research | $5,000 |
Bronx, NY PURPOSE: Medical Research Internship | $4,000 |
Torrance, CA PURPOSE: NPC Treatment Program Suypport | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Danas Angels Research Tr has recieved totaling $53,533.
| Awarding Organization | Amount |
|---|---|
Dooley Family Foundation New York, NY PURPOSE: GENERAL PURPOSE | $30,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,026 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA PURPOSE: DONOR DESIGNATION PR | $6,276 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $5,000 |
Howard Finkelstein Foundation Inc Woodbury, NY PURPOSE: CHARITABLE | $1,000 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Integrate Health Inc Medway, MA | $11,519,968 | $5,602,759 |
Neuroendocrine Tumor Research Foundation Boston, MA | $26,608,419 | $8,207,303 |
Hope & Heroes Childrens Cancer Fund New York, NY | $6,179,073 | $4,699,771 |
Town Fair Tire Foundation Inc East Haven, CT | $52,065,135 | $4,401,407 |
Cure Rare Disease Inc Boston, MA | $1,470,434 | $2,486,822 |
Why Me Inc Worcester, MA | $5,740,285 | $1,202,450 |
Keep A Child Alive New York, NY | $8,417,069 | $6,592,959 |
The Degregorio Family Foundation Inc Pleasantville, NY | $2,565,905 | $1,850,977 |
Bina Stroke And Brain Injury Assistance Inc Brooklyn, NY | $180,400 | $1,112,000 |
United Brain Association Inc Vails Gate, NY | $51,099 | $577,124 |
Lucys Love Bus Charitable Trust Amesbury, MA | $740,985 | $775,660 |
Soul Ryeders Inc Rye, NY | $766,982 | $538,065 |