Idiopathic Pulmonary Fibrosis Foundation
- Assets
- $3.0m
- Revenue
- $181.8k
- Investments
- $2.7m
- Employees
- 0
- Location
- Edina, MN
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 82-0599753
Organization Overview
Idiopathic Pulmonary Fibrosis Foundation is located in Edina, MN. The organization was established in 2017. According to its NTEE Classification (G01) the organization is classified as: Alliances & Advocacy, 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. Idiopathic Pulmonary Fibrosis 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, Idiopathic Pulmonary Fibrosis Foundation generated $181.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $153.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristan Rice Chief Executive Officer | 60 | $0 | |
Anne Christy Ballentine Secretary | 50 | $0 | |
John Crowe Chief Financial Officer/tr | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $131,598 |
| Interest on Savings | $23 |
| Dividends & Interest | $31,261 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,893 |
| Capital Gain Net Income | $18,893 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $181,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,584 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,813 |
| Total operating and administrative expenses | $53,215 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $153,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $174,996 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,010,298 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Idiopathic Pulmonary Fibrosis Foundation has awarded $52,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WEILL CORNELL MEDICINE PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $42,500 |
Olympia, WA PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Against Malaria Foundation Kansas City, MO | $318 | $95,777,874 |
West Michigan Cancer Center Kalamazoo, MI | $48,096,612 | $92,880,121 |
Muscular Dystrophy Association Chicago, IL | $71,915,435 | $63,707,273 |
Michigan Health Endowment Fund Brighton, MI | $367,711,952 | $101,875,561 |
Siouxland Regional Cancer Center Sioux City, IA | $22,869,484 | $57,761,612 |
Radiological Society Of North America Inc Oak Brook, IL | $185,391,800 | $68,158,260 |
American Society Of Anesthesiologists Schaumburg, IL | $127,402,745 | $57,130,862 |
Central Indiana Health System Cardiac Services Inc St Louis, MO | $662,903,932 | $148,340,814 |
Vivent Health Inc Milwaukee, WI | $84,987,861 | $66,654,563 |
American Academy Of Orthopedic Surgeons Rosemont, IL | $161,166,072 | $86,943,619 |
Volunteers Of America Inc Eden Prairie, MN | $9,099,953 | $36,157,650 |
Childrens Clinic Network Minneapolis, MN | $16,399,110 | $36,366,264 |