Foundation For Usp7-Related Diseases
- Assets
- $178.2k
- Revenue
- $64.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Falmouth, ME
- Founding
- 12/2017
- Data as of
- 12/2021
- EIN
- 82-1697564
Organization Overview
Foundation For Usp7-Related Diseases is located in Falmouth, ME. The organization was established in 2017. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, 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. Foundation For Usp7-Related Diseases 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, Foundation For Usp7-Related Diseases generated $64.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (39.9%) each year. All expenses for the organization totaled $186.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CURE USP7-RELATED DISEASES BY FUNDING RESEARCH AND IDENTIFYING MORE PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM EXPENSES WERE INCURRED TOWARD LEGAL FEES, MERCHANT CARD FEES, AND WEBSITE COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bo Bigelow Chairman | OfficerTrustee | $0 | |
Catherine Mccrann Treasurer | OfficerTrustee | $0 | |
Kristen Hoffecker Vice-Chairman | OfficerTrustee | $0 | |
Becky Raatz Secretary | OfficerTrustee | $0 | |
Britt Humphries Director | Trustee | $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 | $64,460 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,460 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $64,460 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,261 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $174,857 |
| 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 | $150 |
| Fees for services: Accounting | $729 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,149 |
| 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 | $186,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,223 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $178,223 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $178,223 |
| Total liabilities and net assets/fund balances | $178,223 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Usp7-Related Diseases has recieved totaling $508.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $508 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joslin Diabetes Center Inc Boston, MA | $107,556,453 | $76,953,905 |
Amego Inc Attleboro, MA | $66,774,287 | $62,473,319 |
National Organization For Rare Disorders Inc Quincy, MA | $37,875,246 | $43,188,172 |
Ch Neurology Foundation Inc Boston, MA | $38,253,224 | $41,294,317 |
Sightsavers Inc Boston, MA | $3,088,961 | $38,408,510 |
Mab Community Services Inc Brookline, MA | $22,797,863 | $33,503,586 |
Evergreen Center Inc Milford, MA | $38,753,804 | $32,191,711 |
Frontier Science And Technology Research Foundation Inc Brookline, MA | $20,071,027 | $30,470,963 |
Community Research Initiative Of New England Inc Boston, MA | $5,290,828 | $24,168,299 |
Chmc Cardiovascular Surgical Foundation Incorporated Boston, MA | $51,520,941 | $25,318,516 |
Morrison Center Scarborough, ME | $21,609,460 | $18,191,979 |
Boston Pediatric Neurosurgical Foundation Inc Boston, MA | $23,682,269 | $14,617,852 |