Danas Angels Research Tr
- Assets
- $844.8k
- Revenue
- $203.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 06/2003
- Data as of
- 12/2023
- 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 12/2023, Danas Angels Research Tr generated $203.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $207.5k during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 5 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 2020, Danas Angels Research Tr has awarded 22 individual grants totaling $484,412. 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
2023
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.
GRANT TO ASSIST WITH NPC CAT LAB RESETTLING FROM UPENN TO U-FLA AND REINITIATION OF NPC STUDIES AT U-FLA
GRANT FOR NPC RESEARCH AT THE LAB OF DR. STEPHANIE COLOGNA OF UNIVERSITY OF ILLINOIS-CHICAGO INTO A POTENTIAL BIOMARKER OF NPC CALBINDIN D.AND FOR PARTIAL SALARY OF POST-DOC MEMBER OF THE LAB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip D Marella Trustee | Trustee | 30 | $0 |
Andrea M Marella Trustee | Trustee | 20 | $0 |
Norman Bryn Trustee | Trustee | 5 | $0 |
Maria Kessel Trustee | Trustee | 5 | $0 |
Christina Krauss Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $140,583 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,188 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,771 |
| Total Program Service Revenue | $0 |
| Investment income | $27,079 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,150 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $203,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $147,901 |
| Grants and other assistance to domestic individuals. | $14,677 |
| Grants and other assistance to Foreign Orgs/Individuals | $17,500 |
| 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 | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $157 |
| Office expenses | $0 |
| Information technology | $1,439 |
| 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 | $16,871 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,081 |
| All other expenses | $3,592 |
| Total functional expenses | $207,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,110 |
| Savings and temporary cash investments | $818,228 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,500 |
| 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 | $844,838 |
| 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 | $844,838 |
| Total liabilities and net assets/fund balances | $844,838 |
Grants Awarded
Over the last fiscal year, Danas Angels Research Tr has awarded $147,901 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ILLINOIS - CHICAGO PURPOSE: Medical Research | $50,375 |
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: Medical Research | $25,000 |
YALE UNIVERSITY PURPOSE: Research Coordinator Funding | $25,000 |
WASHINGTON AND LEE UNIVERSITY PURPOSE: Medical Research Internships | $19,680 |
FORDHAM UNIVERSITY PURPOSE: Medical Research Internships | $13,240 |
RUSH UNIVERSITY MEDICAL CENTER PURPOSE: Medical Research | $5,200 |