1907 Foundaiton International Inc
- Assets
- $233.4k
- Revenue
- $327.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Naples, FL
- Founding
- 08/2019
- Data as of
- 06/2023
- EIN
- 83-2880126
Organization Overview
1907 Foundaiton International Inc is located in Naples, FL. The organization was established in 2019. According to its NTEE Classification (H19) the organization is classified as: Support N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1907 Foundaiton International 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 06/2023, 1907 Foundaiton International Inc generated $327.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $319.5k during the year ending 06/2023. 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
SUPPORT AND PROMOTE RESEARCH, EDUCATION AND OUTREACH IN THE FIELD OF NEUROSCIENCE AND MENTAL HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR PRIMARY PROGRAM IS THE TRAILBLAZER AWARD. WE DID NOT ISSUE A NEW AWARD IN THIS FISCAL YEAR, HOWEVER OUR FOLLOW UP ON PREVIOUSLY ISSUED TRAILBLAZER RECIPIENTS INDICATES THAT FOLLOWING OUR INITIAL FUNDING THE FIRST COHORT HAD A 30 TIMES INCREASE IN FUNDING AND THE SECOND COHORT HAD A 2 TIMES INCREASE IN THEIR FIRST YEAR. THESE PROJECTS MOST LIKELY WOULD NOT HAVE RECEIVED FUNDING IF NOT FOR THE TRAILBLAZER AWARD.
THE FOUNDATION HIRED A FULL TIME SOFTWARE DEVELOPER TO CREATE A DONATION PLATFORM FOR FUNDRAISING. 1907 FOUNDATION IS CURRENTLY USING THIS SOFTWARE FOR A FUND RAISING PROGRAM CALLED MENTALLY TOUGH.
THE CHARITY IDENTIFIED A NEED FOR A GRANT MANAGEMENT SYSTEM THAT WOULD ALLOW RESEARCHERS TO APPLY A SINGLE TIME FOR MULTIPLE GRANT OPPORTUNITIES. THE PROGRAM ALSO PROVIDES FOR BLINDED APPLICATION REVIEW TO REMOVE ANY BIAS FROM THE FUNDING PROCESS. THIS SOFTWARE IS BEING DEVELOPED BY THE CHARITY AND WILL IN FUTURE WILL BE LICENSED TO MULTIPLE FUNDING ORGANIZATIONS. THE CURRENT EXPENSES ARE BEING CAPITALIZED ON THE BALANCE SHEET WITH AMORTIZATION STRAIGHT LINE OVER FIVE YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Pieczonka Board Director, Chair, Member | OfficerTrustee | 20 | $0 |
Christopher Garland Board Director, Treasurer | OfficerTrustee | 10 | $0 |
Kasey Kissick Board Director, Secretary | OfficerTrustee | 0.5 | $0 |
Jamie Kaufmann Trustee | Trustee | 0.5 | $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 | $295,965 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,965 |
| Total Program Service Revenue | $0 |
| Investment income | $6,878 |
| 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 | $327,179 |
| 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 | $66,015 |
| Pension plan accruals and contributions | $974 |
| Other employee benefits | $5,820 |
| Payroll taxes | $6,143 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,863 |
| Advertising and promotion | $18,256 |
| Office expenses | $5,766 |
| Information technology | $18,176 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $975 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,052 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,405 |
| Insurance | $920 |
| All other expenses | $0 |
| Total functional expenses | $319,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,115 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $38,363 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,145 |
| Net Land, buildings, and equipment | $157,622 |
| Investments—publicly traded securities | $31,128 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $233,373 |
| Accounts payable and accrued expenses | $47,482 |
| Grants payable | $50,000 |
| 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 | $97,482 |
| Net assets without donor restrictions | $135,891 |
| 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 | $233,373 |
Grants Awarded
Over the last fiscal year, 1907 Foundaiton International Inc has awarded $200,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YALE UNIVERSITY PURPOSE: A metabolic approach to the diagnosis and treatment of psychiatric disorders. Recent findings in human genetics have implicated dozens of metabolic enzymes of unknown functions in psychiatric disorders. This presents a huge opportunity to overcome the limitations of the mainstream focus on neurotransmitters in the chemical imbalance theory of mental illness, where results have been stymied by ineffective treatments, difficult side effects, and the lack of molecular biomarkers. Our goal is to identify the roles of these novel brain enzymes to create transformative knowledge of biochemical mechanisms that cause mental illness. We expect our findings to enable novel metabolic approaches for the diagnosis and treatment of a range of psychiatric conditions. | $100,000 |
THE JOAN AND SANFORD I WEILL MEDICAL COLLEGE AND GRADUATE SCHOOLOF MEDICAL SCIENCE OF CORNELL UNIVERSITY PURPOSE: How women's brains change over pregnancy and the implications for peripartum and postpartum mental illness. Pregnancy is an extremely high-risk time window for developing mental illness. One in five women will experience mental illness during or following pregnancy. Brain scans, paired with biological and emotional measures, could help show why and how these illnesses develop, but scientists almost never scan pregnant women. Recently, impactful safety studies indicated that MRIs can be safe during pregnancy. Our study proposes to scan women repeatedly over pregnancy, within safety limits, while tracking their hormone levels and mood. We will detect, in individual women, how brains change over pregnancy, and what specific kinds of structural and functional brain changes can mark or predict peripartum mental illness. | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
1907 Foundaiton International Inc Naples, FL | $233,373 | $327,179 |
National Behavioral Consortium Inc Weston, FL | $150,117 | $229,422 |
Purple Pansies Inc Cumming, GA | $964,337 | $952,876 |
Miami Ostomy Aftercare Program Inc Miami, FL | $56,403 | $0 |
Sabesan Orthopaedics Research Inc Boca Raton, FL | $58,434 | $0 |