Sleep Research Society Foundation is located in Darien, IL. The organization was established in 2006. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sleep Research Society Foundation 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, Sleep Research Society Foundation generated $216.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $329.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Sleep Research Society Foundation has awarded 15 individual grants totaling $592,416. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SLEEP RESEARCH SOCIETY FOUNDATION IS COMMITTED TO THEGROWTH AND DEVELOPMENT OF THE FIELD OF SLEEP RESEARCH THROUGH EDUCATION AND RESEARCH FUNDING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND GRANTS RELATED TO THE FIELD OF SLEEP MEDICINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristen Knutson PHD Secretary/treasurer (from 6/2021) | OfficerTrustee | 1 | $5,000 |
Sairam Parthasarathy President (from 6/2021) | OfficerTrustee | 1 | $5,000 |
Sara Aton PHD Secretary/treasurer (to 6/2021) | OfficerTrustee | 1 | $0 |
John Noel Executive Director | Officer | 1 | $0 |
H Craig Heller PHD Director | Trustee | 1 | $0 |
Namni Goel PHD Director | Trustee | 1 | $0 |
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 | $216,706 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $216,706 |
Total Program Service Revenue | $0 |
Investment income | $242 |
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 | $216,948 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $46,904 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $10,000 |
Compensation of current officers, directors, key employees. | $10,000 |
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 | $130,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,359 |
Office expenses | $3,003 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $30,431 |
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 | $0 |
All other expenses | $140 |
Total functional expenses | $329,018 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $542,599 |
Savings and temporary cash investments | $26,142 |
Pledges and grants receivable | $503,653 |
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 | $2,022 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,443 |
Total assets | $1,084,859 |
Accounts payable and accrued expenses | $17,286 |
Grants payable | $35,000 |
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 | $256 |
Total liabilities | $52,542 |
Net assets without donor restrictions | $618,435 |
Net assets with donor restrictions | $413,882 |
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 | $1,084,859 |
Over the last fiscal year, Sleep Research Society Foundation has awarded $100,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Pasadena, CA PURPOSE: RESEARCH | $50,000 |
Redwood City, CA PURPOSE: RESEARCH | $50,000 |
Over the last fiscal year, we have identified 1 grants that Sleep Research Society Foundation has recieved totaling $256.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $256 |
Organization Name | Assets | Revenue |
---|---|---|
Trilogy Inc Chicago, IL | $15,390,124 | $38,855,480 |
Family Institute Evanston, IL | $24,399,945 | $35,971,873 |
Hektoen Institute For Medical Research Chicago, IL | $65,726,936 | $31,693,206 |
Usona Institute Inc Madison, WI | $38,737,266 | $18,840,870 |
Chicago Association For Research And Education In Science Hines, IL | $11,790,723 | $5,694,956 |
International Association Of Assessing Officers Kansas City, MO | $8,352,276 | $4,892,120 |
Michael Reese Research And Education Foundation Chicago, IL | $25,901,146 | $3,650,987 |
International Society For Stem Cell Research Skokie, IL | $8,137,846 | $3,959,599 |
Well Resource Center Pella, IA | $3,360,975 | $3,363,505 |
Midwest Veterans Biomedical Research Foundation Kansas City, MO | $3,199,382 | $2,142,096 |
Association Of Records Managers & Administrators Lees Summit, MO | $1,165,887 | $1,993,906 |
National Headache Foundation Chicago, IL | $2,418,040 | $1,328,229 |