Desert Ridge Foundation is located in Scottsdale, AZ. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desert Ridge 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 12/2023, Desert Ridge Foundation generated $53.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $47.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE CONTINUED ADVANCEMENT OF MEDICAL DISCOVERY THROUGH RESEARCH AND EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Burns Director | 2.5 | $11,000 | |
Doug Dickson Director | 2.5 | $7,000 | |
Reginald Younger Jr Director | 2.5 | $11,000 | |
Patricia Brash Director | 2.5 | $10,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $54,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$600 |
Other Revenue | $0 |
Total Revenue | $53,400 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $39,000 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $6,274 |
Occupancy, rent, utilities, and maintenance | $1,400 |
Printing, publications, postage, and shipping | $267 |
Other expenses | $220 |
Total expenses | $47,161 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $16,470 |
Other assets | $0 |
Total assets | $16,470 |
Total liabilities | $0 |
Net assets or fund balances | $16,470 |