Diabetes Research And Wellness Foundation Inc
- Assets
- $1.1m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Washington, DC
- Founding
- 10/1993
- Data as of
- 12/2022
- EIN
- 52-1840230
Organization Overview
Diabetes Research And Wellness Foundation Inc is located in Washington, DC. The organization was established in 1993. According to its NTEE Classification (H80) the organization is classified as: Specifically Named Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2022, Diabetes Research And Wellness Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diabetes Research And Wellness Foundation 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 12/2022, Diabetes Research And Wellness Foundation Inc generated $7.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $6.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Diabetes Research And Wellness Foundation Inc has awarded 17 individual grants totaling $3,457,469. 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
TO FIND THE CURE FOR DIABETES, PROVIDE THE CARE AND SELF-MANAGEMENT SKILLS NEEDED TO COMBAT THE LIFE-THREATENING COMPLICATIONS OF DIABETES AND TO PROMOTE PUBLIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL OUTREACH ASSISTANCE - THE FOUNDATION WORKS CLOSELY WITH THE WORLDWIDE DIABETES WELLNESS NETWORK THAT CONSISTS OF: THE DIABETES RESEARCH AND WELLNESS FOUNDATION, INC. (UNITED STATES), THE DIABETES RESEARCH WELLNESS FOUNDATION (UNITED KINGDOM), DIABETES RESEARCH AND WELLNESS FOUNDATION (SWEDEN), THE ASSOCIATION POUR LA DIABETE (FRANCE), AND THE DIABETES RESEARCH AND WELLNESS FOUNDATION (FINLAND). WHILE ALL OF THE MEMBERS OF THE NETWORK ARE SEPARATE ORGANIZATIONS WORKING FOR THE BENEFIT OF PEOPLE WITHIN THEIR SPECIFIC COUNTRIES AND THROUGHOUT THE WORLD, WE SHARE THE SAME GOALS AND DON'T LOSE SIGHT OF THE BIGGER PICTURE - DIABETES KNOWS NO BORDERS - ENABLING US TO TAKE ADVANTAGE OF OUR INTERNATIONAL DIMENSION FOR THE BENEFIT OF THE CHARITY AND OUR BENEFICIARIES.
OTHER PROGRAM SERVICES INCLUDE DIRECT MEDICAL SERVICES, MEDICAL RESEARCH GRANTS, AND EDUCATIONAL EVENTS.
DIABETES IDENTIFICATION AND GUIDANCE - EFFORTS AIMED THROUGH IDENTIFICATION AND GUIDANCE AT RAISING AWARENESS TO DIABETES AND DIABETES RELATED ILLNESSES.
DIABETES SELF-MANAGEMENT RESEARCH AND SERVICES - DISSEMINATION OF INFORMATION THROUGH A MONTHLY NEWSLETTER WITH UP-TO-DATE INFORMATION ON DIABETES AND RELATED HEALTH ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Alahouzos Chairman | OfficerTrustee | 5 | $0 |
John Denis Director | Trustee | 1 | $0 |
Christian Gretschel Secretary/treasurer | OfficerTrustee | 1 | $0 |
Nick Laragakis Director | Trustee | 1 | $0 |
William Catherwood Director | Trustee | 1 | $0 |
Andrea Stancik Executive Director | Officer | 37.5 | $98,387 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grantmail Direct Mailing Services | 12/30/22 | $2,449,110 |
The Mail Group Mailing Services | 12/30/22 | $2,112,613 |
Reaktion Mailing Services | 12/30/22 | $819,316 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $76,107 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,685,446 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,761,553 |
| Total Program Service Revenue | $4,696,453 |
| Investment income | $107 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $13,765 |
| 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 | $7,034,796 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| 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. | $98,387 |
| Compensation of current officers, directors, key employees. | $14,758 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $233,440 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,800 |
| Payroll taxes | $25,352 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,113 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $207,268 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $27,915 |
| Royalties | $0 |
| Occupancy | $12,000 |
| 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 | $7,420 |
| All other expenses | $22,653 |
| Total functional expenses | $6,696,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $854,147 |
| Savings and temporary cash investments | $38,995 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $140,009 |
| 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 | $19,866 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $42,107 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,964 |
| Total assets | $1,105,088 |
| Accounts payable and accrued expenses | $1,645,783 |
| Grants payable | $28,336 |
| 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 | $9,964 |
| Total liabilities | $1,684,083 |
| Net assets without donor restrictions | -$578,995 |
| 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 | $1,105,088 |
Grants Awarded
Over the last fiscal year, Diabetes Research And Wellness Foundation Inc has awarded $325,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SPRING POINT PROJECT PURPOSE: RESEARCH | $200,000 |
DIABETES RESEARCH INSTITUTE PURPOSE: RESEARCH | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Diabetes Association Arlington, VA | $0 | $9,794,159 |
Diabetes Research And Wellness Foundation Inc Washington, DC | $1,105,088 | $7,034,796 |
Center For Disease Dynamics Economics & Policy Inc Silver Spring, MD | $13,864,454 | $3,952,301 |
Hae International Fairfax, VA | $3,877,605 | $3,911,197 |
The Focus Foundation Inc Davidsonville, MD | $291,720 | $703,148 |
Foundation To Eradicate Duchenne Inc Alexandria, VA | $837,468 | $777,073 |
Vascular Specialist Education Foundation Inc Virginia Beach, VA | $0 | $0 |
Virginia Diabetes Council Chesterfield, VA | $75,715 | $172,707 |
Ehlers-Danlos Research Foundation Pikesville, MD | $466,020 | $213,055 |
Diabetes National Institute Inc Chevy Chase, MD | $138,318 | $20,981 |
Bruce Edwards Als Research Foundation Inc Crownsville, MD | $218,811 | $0 |
Lyme Disease Research Foundation Inc Lutherville, MD | $123,671 | $3,819 |