Diabetes Research Connection
- Assets
- $2.5m
- Revenue
- $1.6m
- Investments
- $395.1k
- Employees
- 7
- Location
- Del Mar, CA
- Founding
- 12/2012
- Data as of
- 12/2022
- EIN
- 90-0815395
Organization Overview
Diabetes Research Connection is located in Del Mar, CA. The organization was established in 2012. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Diabetes Research Connection employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diabetes Research Connection 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, Diabetes Research Connection generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 13.6% per year over the past 8 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.
Since 2015, Diabetes Research Connection has awarded 38 individual grants totaling $1,076,544. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT DONORS WITH EARLY-CAREER SCIENTISTS ENABLING THEM TO PERFORM PEER-REVIEWED RESEARCH DESIGNED TO PREVENT AND CURE TYPE 1 DIABETES, MINIMIZE ITS COMPLICATIONS AND IMPROVE THE QUALITY OF LIFE FOR THOSE LIVING WITH THE DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
100% OF FUNDS DESIGNATED FOR RESEARCH GO DIRECTLY TO THE SCIENTISTS' LAB. PLEASE VISIT WWW.DIABETESRESEARCHCONNECTION.ORG FOR A SUMMARY OF PROJECTS FUNDED TO DATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Winkler CFO | OfficerTrustee | 5 | $0 |
Alberto Hayek Member | Trustee | 5 | $0 |
Nigel Calcutt Vice President | OfficerTrustee | 5 | $0 |
Cc King President/chair | OfficerTrustee | 5 | $0 |
Felisa Levine Member | Trustee | 5 | $0 |
Paige Mccready Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,606,813 |
| Noncash contributions included in lines 1a–1f | $121,163 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,633,813 |
| Total Program Service Revenue | $0 |
| Investment income | -$68,889 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,108 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,568,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $475,000 |
| 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 | $290,045 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,333 |
| Payroll taxes | $22,483 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,623 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,738 |
| Advertising and promotion | $51,789 |
| Office expenses | $22,326 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,600 |
| Travel | $2,417 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,249 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,524 |
| Insurance | $7,501 |
| All other expenses | $0 |
| Total functional expenses | $1,035,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,393 |
| Savings and temporary cash investments | $29,136 |
| Pledges and grants receivable | $155,971 |
| 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 | $31,625 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,671,975 |
| Investments—other securities | $395,066 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,488,166 |
| Accounts payable and accrued expenses | $26,429 |
| Grants payable | $35,000 |
| 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 | $61,429 |
| Net assets without donor restrictions | $2,327,370 |
| Net assets with donor restrictions | $99,367 |
| 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 | $2,488,166 |
Grants Awarded
Over the last fiscal year, Diabetes Research Connection has awarded $475,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
SIBCR SEA INST FOR BIO & CR PURPOSE: Research Grants | $31,566 |
MEDICAL UNIVERSITY OF SC PURPOSE: Research Grants | $25,000 |
THE JACKSON LABORATORY BHME PURPOSE: Research Grants | $40,000 |
THE JOHNS HOPKINS U BAL MD PURPOSE: Research Grants | $10,000 |
THE RES INST AT NATIONWIDE CH PURPOSE: Research Grants | $15,000 |
IN BIOSCIENCES RESEARCH INST PURPOSE: Research Grants | $20,000 |