FOOD ALLERGY SCIENCE INITIATIVE INC: Form 990, tax year 2023
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- Organization
- FOOD ALLERGY SCIENCE INITIATIVE INC (EIN 85-1293789)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-11-08
- IRS object ID
- 202443139349304614
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-08T17:07:02-06:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WithumSmithBrown PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE TOWER CENTER BLVD 14TH FL | AddressLine1Txt |
| City | EAST BRUNSWICK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08816 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 851293789 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Food Allergy Science Initiative Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % THE ORGANIZATION | InCareOfNm |
| Business Name Control | FOOD | BusinessNameControlTxt |
| Phone | 6179998561 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 990692 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02199 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARLOS BOSQUES | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 6179998561 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Brad Caruso | PreparerPersonNm |
| PTIN | P01249134 | PTIN |
| Phone | 7328281614 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | CARLOS BOSQUES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 990692 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02199 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,661,862 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.foodallergyscience.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2020 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | To accelerate the development of breakthrough discoveries that will transform the lives of people living with food allergies. (SEE SCHEDULE O FOR CONTINUATION) | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $8,215,093 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,274,385 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $203,264 | PYInvestmentIncomeAmt |
| CY Investment Income | $386,556 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,749 | PYOtherRevenueAmt |
| CY Other Revenue | $921 | CYOtherRevenueAmt |
| PY Total Revenue | $8,421,106 | PYTotalRevenueAmt |
| CY Total Revenue | $6,661,862 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,675,023 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,917,301 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,270,009 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,150,036 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $140,206 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $710,126 | PYOtherExpensesAmt |
| CY Other Expenses | $627,318 | CYOtherExpensesAmt |
| PY Total Expenses | $8,655,158 | PYTotalExpensesAmt |
| CY Total Expenses | $4,694,655 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$234,052 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,967,207 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,866,289 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,340,472 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,291,536 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,798,191 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $574,753 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,542,281 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ACCELERATE THE DEVELOPMENT OF BREAKTHROUGH DISCOVERIES THAT WILL TRANSFORM THE LIVES OF PEOPLE LIVING WITH FOOD ALLERGIES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $4,132,789 | ExpenseAmt |
| Grant | $2,917,301 | GrantAmt |
| Desc | SEE SCHEDULE O | Desc |
| Total Program Service Expenses | $4,132,789 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 21 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE ORGANIZATION | PersonNm |
| Phone | 6179998561 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 990692 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02199 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| JOHN WALTER | ||||||||
| CEO through 6/30/2023 | 40.0 | 0.0 | Yes (X) | $401,302 | $0 | $0 | ||
| Carlos Bosques | ||||||||
| CEO | 40.0 | 0.0 | Yes (X) | $363,414 | $0 | $19,596 | ||
| Christopher John Beneduce Jr | ||||||||
| PRINCIPAL SCIENTIST | 40.0 | 0.0 | $111,057 | $0 | $17,204 | Yes (X) | ||
| Christine Olsen MD | ||||||||
| BOARD CHAIR, DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Lesley Solomon MBA | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Justine Levin-Allerhand PhD | ||||||||
| TREASURER, DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Eric Edwards MD PhD | ||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Erica Colleran | ||||||||
| DIRECTOR (EFF. 09/2023) | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $875,773 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $36,800 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $6,274,385 | AllOtherContributionsAmt |
| Total Contributions | $6,274,385 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $386,556 | TotalRevenueColumnAmt |
| Exclusion | $386,556 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $921 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $921 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $921 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,661,862 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $921 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $386,556 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,917,301 | TotalAmt |
| Program Services | $2,917,301 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $393,757 | TotalAmt |
| Program Services | $250,099 | ProgramServicesAmt |
| Management And General | $139,408 | ManagementAndGeneralAmt |
| Fundraising | $4,250 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $641,959 | TotalAmt |
| Program Services | $550,492 | ProgramServicesAmt |
| Management And General | $75,654 | ManagementAndGeneralAmt |
| Fundraising | $15,813 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,724 | TotalAmt |
| Program Services | $19,605 | ProgramServicesAmt |
| Management And General | $3,401 | ManagementAndGeneralAmt |
| Fundraising | $718 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,990 | TotalAmt |
| Program Services | $25,447 | ProgramServicesAmt |
| Management And General | $4,577 | ManagementAndGeneralAmt |
| Fundraising | $966 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,606 | TotalAmt |
| Program Services | $51,941 | ProgramServicesAmt |
| Management And General | $6,329 | ManagementAndGeneralAmt |
| Fundraising | $1,336 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,068 | TotalAmt |
| Management And General | $22,068 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,224 | TotalAmt |
| Management And General | $50,224 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,223 | TotalAmt |
| Program Services | $184,886 | ProgramServicesAmt |
| Management And General | $37,932 | ManagementAndGeneralAmt |
| Fundraising | $98,405 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,818 | TotalAmt |
| Program Services | $34,327 | ProgramServicesAmt |
| Management And General | $34,327 | ManagementAndGeneralAmt |
| Fundraising | $17,164 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,308 | TotalAmt |
| Program Services | $820 | ProgramServicesAmt |
| Management And General | $9,256 | ManagementAndGeneralAmt |
| Fundraising | $232 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,606 | TotalAmt |
| Program Services | $1,732 | ProgramServicesAmt |
| Management And General | $25,134 | ManagementAndGeneralAmt |
| Fundraising | $740 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,751 | TotalAmt |
| Program Services | $7,816 | ProgramServicesAmt |
| Management And General | $10,875 | ManagementAndGeneralAmt |
| Fundraising | $60 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,016 | TotalAmt |
| Program Services | $68,016 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,635 | TotalAmt |
| Program Services | $4,039 | ProgramServicesAmt |
| Management And General | $492 | ManagementAndGeneralAmt |
| Fundraising | $104 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,669 | TotalAmt |
| Program Services | $16,268 | ProgramServicesAmt |
| Management And General | $1,983 | ManagementAndGeneralAmt |
| Fundraising | $418 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,694,655 | TotalAmt |
| Program Services | $4,132,789 | ProgramServicesAmt |
| Management And General | $421,660 | ManagementAndGeneralAmt |
| Fundraising | $140,206 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,837,918 | BOYAmt |
| EOY | $6,323,980 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,498 | BOYAmt |
| EOY | $14,254 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $18,267 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,029 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,873 | BOYAmt |
| EOY | $2,238 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,866,289 | BOYAmt |
| EOY | $6,340,472 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,180 | BOYAmt |
| EOY | $222,769 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,251,356 | BOYAmt |
| EOY | $3,575,422 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,291,536 | BOYAmt |
| EOY | $3,798,191 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $449,753 | BOYAmt |
| EOY | $2,542,281 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $574,753 | BOYAmt |
| EOY | $2,542,281 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,866,289 | BOYAmt |
| EOY | $6,340,472 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,967,207 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $321 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,564 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,882,050 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,457,645 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,215,093 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,274,385 | CurrentTaxYearAmt |
| Total | $23,837,737 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,564 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,882,050 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,457,645 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,215,093 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,274,385 | CurrentTaxYearAmt |
| Total | $23,837,737 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $23,837,737 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $505 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,021 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $203,264 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $386,556 | CurrentTaxYearAmt |
| Total | $601,346 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $301 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $777 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,749 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $921 | CurrentTaxYearAmt |
| Total | $4,748 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $24,443,831 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp | |
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,267 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,029 | DepreciationAmt |
| Book Value | $2,238 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $2,238 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,662,183 | TotalRevEtcAuditedFinclStmtAmt |
| Recoveries Prior Year Grants | $321 | RecoveriesPriorYearGrantsAmt |
| Revenue Not Reported | $321 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,661,862 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $6,661,862 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,694,655 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $4,694,655 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $4,694,655 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and exempt from state taxes under state charities registration laws. US GAAP requires management to evaluate tax positions taken by the Organization and recognize a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by applicable taxing authorities. Management has analyzed the tax positions taken by the Organization and has concluded that as of June 30, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. There has been no tax related interest or penalties for the periods presented in these financial statements. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| BRIGHAM AND WOMEN'S HOSPITAL | |||||||
| 75 FRANCIS ST | BOSTON | MA | 02115 | 042312909 | 501(C)(3) | $300,000 | Research |
| The Broad Institute Inc | |||||||
| 415 Main Street | Cambridge | MA | 02142 | 263428781 | 501(C)(3) | $973,557 | Research |
| Massachusetts General Hospital | |||||||
| 55 Fruit Street | Boston | MA | 02114 | 041564655 | 501(C)(3) | $300,000 | Research |
| Yale University | |||||||
| PO Box 208327 25 Science Park 150 | New Haven | CT | 065208327 | 060646973 | 501(C)(3) | $1,050,000 | Research |
| Northwestern University | |||||||
| 633 Clark Street | Evanston | IL | 60208 | 362167817 | 501(C)(3) | $100,000 | RESEARCH |
| Arizona State University | |||||||
| 1151 S Forest Ave Tempe | Tempe | AZ | 85281 | 860196696 | 501(C)(3) | $75,000 | RESEARCH |
| Northeastern University | |||||||
| 360 Huntington Ave | Boston | MA | 02115 | 041679980 | 501(C)(3) | $100,000 | RESEARCH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | There is a formal grant review process and disbursements are all documented. All funded grantees are required to submit bi-annual reports on their progress and work towards reaching their benchmarks. The Scientific Advisory Board reviews the science and makes recommendations on whether we continue to fund or not. Additionally, we have bi-monthly meetings with the labs to discuss data and help identify additional ways to collaborate. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Carlos Bosques | ||||||||||||||
| CEO | $318,414 | $0 | $45,000 | $0 | $0 | $0 | $13,916 | $0 | $5,680 | $0 | $383,010 | $0 | $0 | $0 |
| JOHN WALTER | ||||||||||||||
| CEO through 6/30/2023 | $401,302 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $401,302 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A | THE FOOD ALLERGY SCIENCE INITIATIVE ("FASI") WAS FOUNDED IN 2016 BY A GROUP OF PARENTS UNITED THROUGH A SHARED EXPERIENCE THAT NO PARENT SHOULD HAVE TO GO THROUGH: WITNESSING THEIR CHILD EXPERIENCE A LIFE-THREATENING ALLERGIC REACTION. FRUSTRATED BY THE LACK OF OPTIONS TO TREAT FOOD ALLERGIES, THEY IDENTIFIED A FUNDAMENTAL ISSUE: DESPITE MANY DECADES OF RESEARCH INTO THE IMMUNE SYSTEM AND ADVANCES IN CLINICAL MEDICINE, SHOCKINGLY LITTLE IS KNOWN ABOUT THE FUNDAMENTAL BIOLOGY BEHIND THE CAUSE AND PATHOLOGICAL DRIVERS OF FOOD ALLERGIES. IMPORTANTLY, WHAT HAPPENS WHEN AN INDIVIDUAL FIRST BECOMES SENSITIZED TO AN ALLERGEN? WHY ARE CERTAIN FOODS MORE LIKELY TO BE ALLERGENIC? WHY DO SOME PEOPLE REACT MORE VIGOROUSLY TO ALLERGENS, OR NATURALLY OUTGROW SOME FOOD ALLERGIES, OR RESPOND DIFFERENTLY TO TREAMENTS, WHILE OTHERS DO NOT? WHAT CHANGES MIGHT BE HAPPENING IN OUR ENVIRONMENTS AND OUR EXPOSURES THAT ARE CONTRIBUTING TO THE PROLIFIC RISE IN FOOD ALLERGIES? BY RECOGNIZING THAT A COMPREHENSIVE UNDERSTANDING OF THE MULTIPLE AND COMPLEX MECHANISMS UNDERLYING FOOD ALLERGY PATHOLOGY CANNOT BE ACHIEVED BY MYOPIC RESEARCH, THE FOUNDERS OF FASI WERE DRIVEN TO ORGANIZE A LANDMARK SYMPOSIUM IN 2015 THAT BROUGHT TOGETHER WORLD-CLASS EXPERTS FROM MULTIPLE DISCIPLINES OF SCIENCE TO DISCUSS HOW THEIR RESEARCH SHEDS LIGHT ON THIS ENORMOUSLY COMPLEX PROBLEM AND HOW THEIR RESEARCH COULD SYNERGIZE TO MAKE INROADS IN DEVELOPING A MUCH NEEDED CURE. THUS, IN 2016 FASI WAS LAUNCHED WITH THE BROAD INSTITUTE OF MIT AND HARVARD (THE "BROAD"). WITH JUST SIX LABS AT INCEPTION, FASI HAS GROWN AND EVOLVED INTO AN INDEPENDENT 501(C)(3) MULTI-FACETED NON-PROFIT RESEARCH ORGANIZATION, AND AS OF JUNE 2024, OPERATES WITH MORE THAN 20 WORLD-CLASS LABS AND OVER 100+ SCIENTISTS ACROSS THE UNITED STATES. THE FASI NETWORK BRINGS TOGETHER CLINICAL EXPERTS IN FOOD ALLERGIES, TYPE 2 INFLAMMATORY DISORDERS, CHRONIC INFLAMMATORY DISEASES, AS WELL AS RESEARCH EXPERTS WITH DEEP EXPERTISE IN STUDYING THE IMMUNE SYSTEM, THE DIGESTIVE SYSTEM, THE NERVOUS SYSTEM, AND THE GUT MICROBIOME, ALL OF WHICH INTERSECT AND CONTRIBUTE TO THE UNDERLYING CAUSES OF FOOD ALLERGIES. THOUGH A COLLABORATIVE OPERATING MODEL, FASI'S TEAM OF RESEARCHERS ARE LASER FOCUSED ON UNDERSTANDING THE ROOT CAUSES OF FOOD ALLERGIES, TRANSLATING THESE FINDINGS FROM LABS TO CLINICS, AND BEGINNING TO INTERVENE THROUGH THE GENERATION OF NOVEL THERAPEUTIC CANDIDATES TO ONE DAY DELIVER A CURE TO THOSE AFFECTED BY FOOD ALLERGIES. SOME OF OUR ACHIEVEMENTS: -FASI'S SCIENTIFIC FOUNDER, RUSLAN MEDZHITOV, HAS BEEN VISIONARY IN DEVELOPING A CONCEPTUAL FRAMEWORK OF FOOD ALLERGY BY PROPOSING THAT THE ALLERGIC RESPONSE IS A HYPERACTIVE REACTION OF THE BODY'S FOOD QUALITY CONTROL SYSTEM - A PARADIGM SHIFT THAT HAS GUIDED FASI'S INTER-DISCIPLINARY COLLABORATIVE RESEARCH APPROACH. -FASI IS CREATING A DETAILED UNBIASED CELLULAR ATLAS COMPARING GUTS FROM FOOD ALLERGIC AND NON-ALLERGIC PATIENTS. BY EXAMINING DIFFERENCES THAT UNDERLIE DISEASE-RELEVANT HUMAN TISSUES, THIS ATLAS WILL HELP US - AND THE WIDER SCIENTIFIC COMMUNITY AS A WHOLE - IDENTIFY AND CHARACTERIZE WHICH CELLS-TYPES ARE EXPANDED AND DYSREGULATED IN FOOD ALLERGY PATHOLOGY, AND TO IDENTIFY PATHWAYS OF THERAPEUTIC INTERVENTION TO REVERSE PATHOLOGICAL DIFFERENCES. -FASI SCIENTISTS WERE AMONG THE FIRST TO IDENTIFY CRUCIAL LINKS BETWEEN THE GUT IMMUNE AND NERVOUS SYSTEMS BY IDENTIFYING SPECIFIC CELL-TYPES AND MOLECULAR MEDIATORS INVOLVED IN THE PROCESS OF ALLERGIC SENSITIZATION AND AUGMENTATION OF ALLERGIC IMMUNE RESPONSES. THESE CRITICAL INTERACTIONS SERVE AS DECISION CHECKPOINTS FOR HOW THE BODY DECIDES TO EITHER TRIGGER AN ALLERGIC REACTION OR MAINTAIN NORMAL PHYSIOLOGICAL FUNCTIONING. -FASI IS UNCOVERING PATHWAYS OF BI-DIRECTIONAL COMMUNICATIONS BETWEEN THE GUT AND THE BRAIN. THE BRAIN PERFORMS THE CRITICAL FUNCTION OF SENSING INTERNAL CHANGES WITH THE BODY AND ORCHESTRATING SYSTEMIC PHYSIOLOGICAL RESPONSES, INCLUDING MOBILIZING ENERGY RESERVES TO MEET METABOLIC DEMANDS, ACTIVATING IMMUNOLOGICAL RESOURCES TO DEFEND BARRIER SURFACES, MODIFYING BEHAVIORS AND FORMING MEMORIES FOR PRO-SURVIVAL ADAPTIVE PURPOSES. UNDERSTANDING THIS UNDEREXPLORED AREA PROMISES TO REVEAL NOVEL AVENUES FOR THERAPEUTIC INTERVENTIONS. -FASI RESEARCHERS ARE WORKING TO ELUCIDATE HOW ADJUVANTS - SUBSTANCES CAPABLE OF MAGNIFYING THE IMMUNE RESPONSE - ARE FOUND IN UNEXPECTED PLACES, INCLUDING THE FOODS WE CONSUME AND THE ENVIRONMENTS WE ARE EXPOSED TO, AND OUR RESEARCH SHOWS THAT THESE ADJUVANTS ARE CRITICAL CONTRIBUTORS TO THE DEVELOPMENT OF ALLERGIC DISEASES. THESE ADJUVANTS DERIVED FROM PLANTS, ANIMALS, OR STANDARD INDUSTRIAL PROCESSING PRACTICES, CAN BE FURTHER MODIFIED BY THE MICROBIOME IN OUR GUT, ARE SENSED BY SPECIALIZED CELLS THAT LINE THE GUT WALL, AND CAN SKEW THE IMMUNE RESPONSE TOWARD A HYPERALLERGIC STATE. -FASI SCIENTISTS ARE STUDYING FOOD ALLERGIC PATIENTS UNDERGOING INTERVENTIONAL TREATMENTS, SUCH AS ORAL IMMUNOTHERAPY (OIT), TO UNDERSTAND HOW IMMUNE RESPONSES ADAPT DURING THERAPEUTIC INTERVENTIONS. THROUGH DETAILED PROFILING OF INDIVIDUALS' IMMUNE RESPONSES, WE HAVE IDENTIFIED IMMUNOLOGICAL CHANGES THAT HELP EXPLAIN WHY OIT CAN INDUCE LONG-TERM DESENSITIZATION TO ALLERGENS, WHILE IS ONLY TRANSIENTLY PROTECTIVE IN OTHER INDIVIDUALS AFTER TREATMENT IS STOPPED. UNDERSTANDING THE IMMUNE MECHANISMS CONTRIBUTING TO THESE DIFFERING RESPONSES WILL GUIDE US TOWARD CRITICAL PATHWAYS LEADING TO LONG-TERM DESENSIZATION SUCCESS, AND ULTIMATELY A DISEASE-MODIFYING CURE. -FASI SCIENTISTS HAVE MADE BREAKTHOUGH CONNECTIONS IN UNDERSTANDING THE SKIN'S ROLE IN FOOD ALLERGIES, INCLUDING HOW THE SKIN CAN ACT AS A SITE OF INITIAL SENSITIZATION. FASI RESEARCHERS WERE THE FIRST TO IDENTIFY HOW SOME ALLERGENS ARE CAPABLE OF DIRECTLY ACTIVATING NERVES IN THE SKIN, WHICH CAN LEAD TO THE SENSATION OF ITCH, BUT ALSO THAT SKIN-INNERVATING NERVES CAN ACTIVATE IMMUNE CELLS AND DRIVE THEM TO INITIATE AN ALLERGIC RESPONSEY. THIS RESEARCH IS HELPING US UNDERSTAND HOW SKIN DISORDERS, SUCH AS ITCH AND ATOPIC DERMATITIS, ARE LINKED AND ARE OFTEN RISK FACTORS IN THE DEVELOPMENT OF FOOD ALLERGIES. BLOCKING THIS PATHWAY COULD BE AN IMPORTANT THERAPEUTIC STRATEGY TO PREVENT THE DEVELOPMENT OF FOOD ALLERGIES IN HIGH-RISK INDIVIDUALS. -FASI INVESTIGATORS COMPLETED IN-DEPTH ANALYSIS OF ANTIBODY-PRODUCING PLASMA CELLS FROM HUMAN BONE MARROW OF PEANUT-ALLERGIC INDIVIDUALS AND FOUND SOME PLASMA CELLS PRODUCING PATHOLOGICAL IGE ANTIBODIES THAT BOUND PEANUT. THIS WORK IDENTIFIED BONE MARROW AS A CRITICAL TISSUE RESERVOIR FOR PATHOGENIC IGE-PRODUCING PLASMA CELLS. -FASI HAS ESTABLISHED ADRUG DEVELOPMENT TEAM WITH DECADES OF PHARMA/BIOTECH EXPERIENCE ADVANCING SMALL MOLECULES AND LARGE BIOLOGICS FROM EARLY TARGET IDENTIFICATION STAGES INTO THE CLINIC. THIS TEAM IS WORKING TO BUILD CRITICAL TOOLS AND PARTNERSHIPS TO ADVANCE EXCITING NOVEL THERAPEUTIC CANDIDATES FOR THE DEVELOPMENT OF THE NEXT GENERATION OF FOOD ALLERGY TREATMENTS. -FASI'S INVESTIGATIONAL RESEARCH HAS LED TO 6 PATENTS, 100+ PUBLICATIONS AND OVER 6490+ CITATIONS IN THE MEDICAL LITERATURE. THROUGH FASI'S COLLABORATIVE, INTERDISCIPLINARY RESEARCH APPROACH, FASI'S TEAM OF SCIENTISTS AND DRUG DEVELOPERS HAVE BUILT A DYNAMIC DRUG DISCOVERY ENGINE TO IDENTIFY INNOVATIVE THERAPUTIC INTERVENTIONS, AND ACCELERATE THE DEVELOPMENT OF BREAKTHROUGH DISCOVERIES TO TRANSFORM THE LIVES OF PATIENTS LIVING WITH FOOD ALLERGIES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S FORM 990 IS PREPARED BY A REPUTABLE CPA FIRM SPECIALIZING IN NOT FOR PROFIT TAX. THE FORM 990 IS PROVIDED TO THE CEO FOR REVIEW AND COMMENT AND ANY CHANGES ARE INCORPORATED. THE ORGANIZATION PROVIDES A DRAFT COPY OF FORM 990 FOR THE BOARD TO REVIEW PRIOR TO FILING. UPON APPROVAL THE ORGANIZATION FILES ITS 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | Each FASI Director, Advisor and staff member SIGNS A CONFLICT OF INTEREST ORM AND receives an annual reminder of Conflict of Interest Policy in January of each year. While reaffirmation of the Policy is not required, existing FASI Directors, Advisors and staff must notify the Executive Director and/or his/her delegate immediately of any change in status related to potential Conflict of Interest issues. In addition, FASI will conduct periodic reviews of arrangements and policies to ensure that FASI operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status. |
| FORM 990, PART VI, SECTION B, LINE 15: | COMPENSATION PROCESS FOR TOP OFFICIAL: THE ORGANIZATION USES THE DEPARTMENT OF LABOR STATISTICS AND SALARY GUIDE TO OBTAIN COMPARABLE DATA ON POSITIONS. FURTHERMORE, THE ORGANIZATION PERIODICALLY REVIEW THE COMPENSATION ARRANGEMENTS AND BENEFITS TO ENSURE THAT THEY ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, DISCLOSURE EXPLANATION, THE FINANCIAL STATEMENTS, AND OTHER DOCUMENTS, SUCH AS THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. |