Solve Me Cfs Initiative Inc
- Assets
- $1.9m
- Revenue
- $2.2m
- Investments
- $23.0k
- Employees
- 15
- Location
- Glendale, CA
- Founding
- 07/1991
- Data as of
- 06/2021
- EIN
- 56-1683450
Organization Overview
Solve Me Cfs Initiative Inc is located in Glendale, CA. The organization was established in 1991. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Solve ME Cfs Initiative Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solve ME Cfs Initiative 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 06/2021, Solve ME Cfs Initiative Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $2.8m during the year ending 06/2021. While expenses have increased by 9.1% per year over the past 6 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 2019, Solve ME Cfs Initiative Inc has awarded 30 individual grants totaling $813,434. 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 SOLVE ME/CFS INITIATIVE SMCIIS THE LEADING ORGANIZATION FOCUSED ON MYALGIC ENCEPHALOMYELITIS ME/CHRONIC FATIGUE SYNDROME CFS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH PROGRAMS. IN DECEMBER 2020 THE ORGANIZATION LAUNCHED THE YOU ME REGISTRY AND BIOBANK, AN OPEN-SOURCED RESEARCH TOOL IT DEVELOPED THAT IS DESIGNED TO HELP ADVANCE THE RESEARCH AND DEVELOPMENT OF DIAGNOSTICS AND TREATMENTS FOR ME/CFS. THE ORGANIZATION ALSO PROVIDES SCIENTIFIC RESEARCH GRANTS FOR SCIENTISTS AND DOCTORS TO FIND CAUSES AND WAYS TO TREAT AND CURE POST INFECTION DISEASES LIKE ME/CFS AND LONG COVID. CUMULATIVELY THE ORGANIZATION HAS FUNDED 23 RESEARCH PROJECTS REPRESENTING 60 SCIENTISTS AT 11 UNIVERSITIES. IN THE YEAR ENDED JUNE 30, 2021 THE ORGANIZATION MONITORED GRANTS MADE, INCREASED ITS VISIBILITY IN THIS AREA AND RECEIVED MORE GRANT APPLICATIONS THAN EVER BEFORE.
ADVOCACY AND COMMUNICATION. THE ORGANIZATION WORKS WITH THE US CONGRESS TO INCREASE FUNDING FOR ME/CFS RESEARCH BY THE NATIONAL INSTITUTE OF HEALTH NIH, CENTER FOR DISEASE CONTROL CDC AND THE DEPARTMENT OF DEFENSE. DURING THE YEAR ENDED JUNE 30, 2021 THE ORGANIZATION AUTHORED 18 POSITION STATEMENTS AND LETTERS AND CONSTITUENTS DELIVERED 7,930 ONLINE INFORMATION MESSAGES TO CONGRESS. 681 ADVOCATES MET WITH CONGRESSIONAL OFFICES AT 334 MEETINGS. ALSO THE ORGANIZATION CO-FOUNDED THE LONG COVID ALLIANCE, TO COLLABORATE ON RESEARCH, EDUCATION AND POLICY. TWO ORGANIZATION MEMBERS TESTIFIED BEFORE THE HOUSE SUBCOMMITTEE ON HEALTH, AND IN DECEMBER 2020 CONGRESS APPROPRIATED 1.25 BILLION FOR LONG COVID RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maryellen Gleason Director Of Development | Officer | 40 | $213,231 |
Sadie Whittaker Chief Scientific Officer | 40 | $125,000 | |
Oved Amitay President And CEO | OfficerTrustee | 40 | $111,538 |
Emily Taylor Director Of Advocacy And Community Relations | 40 | $111,300 | |
Victoria Boies Vice-Chair | OfficerTrustee | 3 | $0 |
Barbara Lubash Secretary | OfficerTrustee | 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 | $2,185,984 |
| Noncash contributions included in lines 1a–1f | $83,427 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,185,984 |
| Total Program Service Revenue | $0 |
| Investment income | $6,341 |
| 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 | $2,192,325 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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. | $436,553 |
| Compensation of current officers, directors, key employees. | $98,312 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $854,575 |
| Pension plan accruals and contributions | $33,870 |
| Other employee benefits | $64,588 |
| Payroll taxes | $92,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,420 |
| Fees for services: Lobbying | $118,458 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $303,610 |
| Advertising and promotion | $0 |
| Office expenses | $78,166 |
| Information technology | $128,267 |
| Royalties | $0 |
| Occupancy | $51,904 |
| Travel | $39,704 |
| 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 | $11,987 |
| All other expenses | $0 |
| Total functional expenses | $2,767,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,119,749 |
| Savings and temporary cash investments | $188,375 |
| Pledges and grants receivable | $474,301 |
| 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 | $74,663 |
| Net Land, buildings, and equipment | $842 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $23,023 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,880,953 |
| Accounts payable and accrued expenses | $291,942 |
| 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 | $291,942 |
| Net assets without donor restrictions | $1,495,728 |
| Net assets with donor restrictions | $93,283 |
| 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 | $1,880,953 |
Grants Awarded
Over the last fiscal year, Solve Me Cfs Initiative Inc has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSIY OF MASSACHUSETTS PURPOSE: TO CONQUER ME/CFS | $27,500 |
UNIVERSITY OF UTAH PURPOSE: TO CONQUER ME/CFS | $22,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Solve Me Cfs Initiative Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Maurie & Ethel Meltzer Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $500 |
Endowment Analysis
| Beg. Balance | $18,030 |
| Earnings | $4,993 |
| Ending Balance | $23,023 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Planetary Society Pasadena, CA | $9,508,979 | $4,905,895 |
Prevention Institute Oakland, CA | $12,910,812 | $7,921,442 |
Society For The Study Of Native Arts & Sciences Berkeley, CA | $8,524,775 | $6,247,781 |
Undercurrent Inc San Rafael, CA | $5,890,053 | $8,348,585 |
Solve Me Cfs Initiative Inc Glendale, CA | $1,880,953 | $2,192,325 |
Unreported Story Society Marina Del Ray, CA | $399,103 | $3,017,560 |
Truthout Sacramento, CA | $881,852 | $2,314,333 |
Heyday Berkeley, CA | $2,111,683 | $2,251,217 |
Capital & Main Los Angeles, CA | $794,047 | $1,843,155 |
University Of California Press Foundation Oakland, CA | $23,332,542 | $983,531 |
Center For Accessible Technology Berkeley, CA | $1,757,069 | $1,896,017 |
Small Press Distribution Inc Berkeley, CA | $663,310 | $1,098,757 |