Concussion Legacy Foundation Inc
- Assets
- $3.9m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 15
- Location
- Boston, MA
- Founding
- 01/2009
- Data as of
- 12/2022
- EIN
- 77-0689904
Organization Overview
Concussion Legacy Foundation Inc is located in Boston, MA. The organization was established in 2009. According to its NTEE Classification (G05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Concussion Legacy Foundation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concussion Legacy 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, Concussion Legacy Foundation Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $2.7m during the year ending 12/2022. While expenses have increased by 10.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE STUDY, TREATMENT AND PREVENTION OF THE EFFECTS OF BRAIN TRAUMA IN ATHLETES AND OTHER AT-RISK GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLF SUPPORTS MULTIPLE RESEARCH PROGRAMS FOCUSED ON CHRONIC TRAUMATIC ENCEPHALOPATHY (CTE) AND OTHER CONSEQUENCES OF BRAIN TRAUMA IN ATHLETES, VETERANS AND OTHERS. CLF LEADS OUTREACH, RECRUITING, AND EDUCATION EFFORTS FOR THE BRAIN BANK AT THE BOSTON UNIVERSITY CTE CENTER, THE WORLD'S LEADING CTE RESEARCH CENTER. CLF COLLABORATES WITH SIMILAR BRAIN BANKS IN AUSTRALIA, NEW ZEALAND, THE UNITED KINGDOM, CANADA, AND BRAZIL. CLF ALSO LEADS RECRUTING FOR MULTIPLE CLINICAL RESEARCH PROGRAMS FOCUSED ON DIAGNOSING AND TREATING CTE.
CLF PATIENT AND FAMILY SERVICES PROGRAM DIRECTLY SUPPORTS FAMILIES FIGHTING CONCUSSIONS, POST-CONCUSSION SYNDROME (PCS), AND POSSIBLE CTE. THE CLF HELPLINE HAS PROVIDED OVER 4,000 PATIENTS AND FAMILIES WITH PERSONALIZED MEDICAL REFERRALS, EDUCATION, SUPPORT GROUPS AND MENTORS. CLF EDUCATION THROUGH EARNED MEDIA EFFORTS RESULTED IN PLACEMENT OF DOZENS OF UNIQUE STORIES IN LEADING MEDIA INCLUDING THE NY TIMES, WASHINGTON POST, USA TODAY, AP AND MORE. CLF ALSO EDUCATES THROUGH INNOVATIVE SOCIAL MEDIA, A WEBSITE, AND WEBINARS.
CLF EDUCATES COACHES, PARENTS, ATHLETES, MEDIA INFLUENCERS AND POLICY MAKERS THROUGH MULTIPLE PROGRAMS AND ADVOCATES FOR CONCUSSION AND CTE PREVENTION AND SAFETY. THE CLF MEDIA PROJECT TRAINS SPORTS JOURNALISM STUDENTS AT 20 UNIVERSITIES ON HOW TO COVER CONCUSSIONS AND HAS TRAINED HUNDREDS OF WORKING JOURNALISTS. TO CREATE TOP-DOWN CHANGE, CLF LEADERSHIP SERVES ON ADVISORY BOARDS FOR MULTIPLE SPORTS ORGANIZATIONS THAT SET SAFETY POLICIES. TEAM UP AGAINST CONCUSSION COLLABORATES WITH YOUTH SPORTS GOVERNING BODIES TO PROMOTE CONCUSSION AWARENESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Carfagna President/director | OfficerTrustee | 2 | $0 |
Matt Collier Vice-President/director | OfficerTrustee | 2 | $0 |
Barbara Piette Secretary/director | OfficerTrustee | 2 | $0 |
Scott Blackburn Treasurer/director | OfficerTrustee | 2 | $0 |
Richard Hussey Director | Trustee | 2 | $0 |
Barbara Jones Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,469,829 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $987,271 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,457,100 |
| Total Program Service Revenue | $107,658 |
| Investment income | $2,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$311,342 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,255,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $170,226 |
| 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. | $320,245 |
| Compensation of current officers, directors, key employees. | $16,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $942,173 |
| Pension plan accruals and contributions | $12,760 |
| Other employee benefits | $158,203 |
| Payroll taxes | $74,387 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,768 |
| 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 | $574,644 |
| Advertising and promotion | $25,047 |
| Office expenses | $135,907 |
| Information technology | $341 |
| Royalties | $0 |
| Occupancy | $25,422 |
| Travel | $111,182 |
| 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 | $9,283 |
| All other expenses | $10,330 |
| Total functional expenses | $2,709,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,356,166 |
| Savings and temporary cash investments | $788,664 |
| Pledges and grants receivable | $744,077 |
| 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 | $16,627 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,826 |
| Total assets | $3,924,360 |
| Accounts payable and accrued expenses | $273,939 |
| 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 | $273,939 |
| Net assets without donor restrictions | $2,799,184 |
| Net assets with donor restrictions | $851,237 |
| 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 | $3,924,360 |
Grants Awarded
Over the last fiscal year, Concussion Legacy Foundation Inc has awarded $167,089 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF BOSTON UNIVERSITY PURPOSE: RESEARCH GRANTS | $81,380 |
YOUR MOM CARES PURPOSE: RESEARCH GRANT | $85,709 |