Mote Vascular Foundation Inc
- Assets
- $230.6k
- Revenue
- $6.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 10/1997
- Data as of
- 12/2023
- EIN
- 65-0761384
Organization Overview
Mote Vascular Foundation Inc is located in Sarasota, FL. The organization was established in 1997. According to its NTEE Classification (G48) the organization is classified as: Brain Disorders, 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. Mote Vascular 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 12/2023, Mote Vascular Foundation Inc generated $6.5k 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 (32.9%) each year. All expenses for the organization totaled $11.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (26.7%) per year over the past 7 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MEDICAL RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DISSEMINATE MEDICAL INFORMATION RELATED OT THE DIAGNOSIS AND TREATMENT OF VASCULAR DISEASE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell H Samson President | OfficerTrustee | 8 | $0 |
David P Showalter Vice President | Trustee | 1 | $500 |
Ricardo E Morales Secretary/treasurer | Trustee | 1 | $500 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $5,375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,155 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,530 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $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 | $348 |
| Fees for services: Accounting | $850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,190 |
| Fees for services: Other | $1,000 |
| Advertising and promotion | $92 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $11,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,815 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $193,808 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $230,623 |
| 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 | $2,250 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,250 |
| Net assets without donor restrictions | $228,373 |
| 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 | $230,623 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Autauga-Elmore Mr 310 Millbrook, AL | $2,771,407 | $6,434,529 |
The Brain Tumor Network Inc Ponte Vedra Beach, FL | $4,426,513 | $3,496,674 |
Alabama Head Injury Foundation Inc Hoover, AL | $956,879 | $1,328,163 |
Southeastern Brain Tumor Foundation Inc Atlanta, GA | $365,833 | $280,176 |
Dementia Spotlight Foundation Inc Roswell, GA | $45,496 | $100,460 |
Brain Injury Association Of Georgia Cumming, GA | $52,431 | $195,656 |
The Brain Donor Project Naples, FL | $307,449 | $0 |
Tony Meduri Tbi Fund Inc Jacksonville, FL | $91,701 | $0 |
Tourette Information Center & Support Of Georgia Inc Atlanta, GA | $66,150 | $0 |
American Vitiligo Research Fdn Inc Clearwater, FL | $59,566 | $0 |
Different Brains Inc Fort Lauderdale, FL | $72,315 | $0 |
Childrens Brain Trust Inc Coral Springs, FL | $0 | $0 |
Mote Vascular Foundation Inc Sarasota, FL | $230,623 | $6,530 |
Tri-County Behavioral Health Inc Warner Robins, GA | $4,443 | $0 |
Brain Injury Association Of Florida Inc Tampa, FL | $177,523 | $0 |
Seeds Of Deeds Longwood, FL | $28,135 | $23,471 |
Handicap Dignity Foundation Inc St Petersburg, FL | $350,045 | $45 |