STRATEGY STUDIO / PUBLIC DATA EXPLORER

FRAXA RESEARCH FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
FRAXA RESEARCH FOUNDATION INC (EIN 04-3222167)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-12
IRS object ID
202311329349301126
Schema version
2022v5.0
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

FieldValueIRS element (for citing)
Return2023-05-12T06:05:58-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043447507PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRITZ DEGUGLIELMO LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18 ESSEX STREETAddressLine1Txt
CityNEWBURYPORTCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01950ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043222167EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRAXA Research Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFRAXBusinessNameControlTxt
Phone9784621866PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 Prince PlaceAddressLine1Txt
CityNewburyportCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01950ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKatherine ClappPersonNm
Person TitlePresidentPersonTitleTxt
Phone9784621866PhoneNum
Signature2023-05-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKatherinePersonFirstNm
Person LastClappPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDaniel E Schaffner CPAPreparerPersonNm
PTINP00796903PTIN
Phone9784622161PhoneNum
Preparation2023-05-12PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKatherine N ClappPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 Prince Place Suite 203AddressLine1Txt
CityNewburyportCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01950ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,751,979GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.fraxa.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1994FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionFRAXA's mission is to find effective treatments and ultimately a cure for Fragile X syndrome.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers115TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,019,897PYContributionsGrantsAmt
CY Contributions Grants$1,695,420CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$52,142PYInvestmentIncomeAmt
CY Investment Income$271,800CYInvestmentIncomeAmt
PY Other Revenue-$1,731PYOtherRevenueAmt
CY Other Revenue$50,821CYOtherRevenueAmt
PY Total Revenue$2,070,308PYTotalRevenueAmt
CY Total Revenue$2,018,041CYTotalRevenueAmt
PY Grants And Similar Paid$980,025PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,467,225CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$284,534PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$337,690CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$56,290CYTotalFundraisingExpenseAmt
PY Other Expenses$123,149PYOtherExpensesAmt
CY Other Expenses$93,201CYOtherExpensesAmt
PY Total Expenses$1,387,708PYTotalExpensesAmt
CY Total Expenses$1,898,116CYTotalExpensesAmt
PY Revenues Less Expenses$682,600PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$119,925CYRevenuesLessExpensesAmt
Total Assets BOY$3,915,887TotalAssetsBOYAmt
Total Assets EOY$3,531,781TotalAssetsEOYAmt
Total Liabilities BOY$13,816TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,338TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,902,071NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,522,443NetAssetsOrFundBalancesEOYAmt
MissionFRAXA's mission is to find effective treatments and ultimately a cure for Fragile X syndrome.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,665,618ExpenseAmt
Grant$1,467,225GrantAmt
Revenue$0RevenueAmt
DescTo raise funds for the direct funding of grant research for the purpose of finding treatment and cure for Fragile X.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$107,218ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescTo fund programs for the purpose of educating the general public about Fragile X.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,772,836TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Excs Tax Sect4951 Or4952 Or4953falseExcsTaxSect4951Or4952Or4953Ind
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKatherine N ClappPersonNm
Phone9784621866PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 Prince Place Suite 203AddressLine1Txt
CityNewburyportCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01950ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Katherine Clapp
President40.00Yes (X)Yes (X)$128,292$0$6,980
Deborah Stevenson
Board Chair10.00Yes (X)Yes (X)$0$0$0
Michael Tranfaglia
Medical Director/Treasurer/Secretary40.00Yes (X)Yes (X)$122,112$0$6,979
Dean Clark
Director10.00Yes (X)$0$0$0
Theodore Coutilish
Director10.00Yes (X)$0$0$0
Leslie Eddy
Director10.00Yes (X)$0$0$0
Andres Centellas
Director10.00Yes (X)$0$0$0
Franziska Klebe
Director10.00Yes (X)$0$0$0
Jessica Haugen
Director10.00Yes (X)$0$0$0
James Vershbow
Director10.00Yes (X)$0$0$0
Ronald M Watkins Jr
Director10.00Yes (X)$0$0$0
Sasa Zorovic
Director10.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$250,404TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$13,959TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$174,704FundraisingAmt
All Other Contributions$1,520,716AllOtherContributionsAmt
Noncash Contributions$7,929NoncashContributionsAmt
Total Contributions$1,695,420TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,006TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$42,006ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$949,828SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$720,034SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$229,794SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$229,794TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$229,794ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$64,725FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$174,704ContriRptFundraisingEventAmt
Fundraising Direct Expenses$13,904FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$50,821TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$50,821ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,018,041TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$322,621ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$889,725TotalAmt
Program Services$889,725ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$577,500TotalAmt
Program Services$577,500ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$264,363TotalAmt
Program Services$201,746ProgramServicesAmt
Management And General$46,298ManagementAndGeneralAmt
Fundraising$16,319FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$50,333TotalAmt
Program Services$35,766ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$14,567FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$22,994TotalAmt
Program Services$14,946ProgramServicesAmt
Management And General$2,299ManagementAndGeneralAmt
Fundraising$5,749FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,500TotalAmt
Program Services$0ProgramServicesAmt
Management And General$6,500ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$6,030TotalAmt
Program Services$0ProgramServicesAmt
Management And General$6,030ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$39,401TotalAmt
Program Services$25,611ProgramServicesAmt
Management And General$3,940ManagementAndGeneralAmt
Fundraising$9,850FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,192TotalAmt
Program Services$3,375ProgramServicesAmt
Management And General$519ManagementAndGeneralAmt
Fundraising$1,298FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$9,120TotalAmt
Program Services$5,928ProgramServicesAmt
Management And General$912ManagementAndGeneralAmt
Fundraising$2,280FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,576TotalAmt
Program Services$2,324ProgramServicesAmt
Management And General$358ManagementAndGeneralAmt
Fundraising$894FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,364TotalAmt
Program Services$2,187ProgramServicesAmt
Management And General$336ManagementAndGeneralAmt
Fundraising$841FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Registration Fees$7,538$4,900$754$1,884
Printing$4,786$3,111$479$1,196
Research Expense$2,045$2,045$0$0
Postage$1,959$1,273$196$490

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,690TotalAmt
Program Services$2,399ProgramServicesAmt
Management And General$369ManagementAndGeneralAmt
Fundraising$922FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,898,116TotalAmt
Program Services$1,772,836ProgramServicesAmt
Management And General$68,990ManagementAndGeneralAmt
Fundraising$56,290FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$237,873BOYAmt
EOY$195,747EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,220,043BOYAmt
EOY$2,036,385EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$24,978BOYAmt
EOY$27,889EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$25,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,432,993BOYAmt
EOY$1,246,760EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,915,887BOYAmt
EOY$3,531,781EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,816BOYAmt
EOY$9,338EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,816BOYAmt
EOY$9,338EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,827,071BOYAmt
EOY$3,522,443EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$75,000BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,902,071BOYAmt
EOY$3,522,443EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,915,887BOYAmt
EOY$3,531,781EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$119,925ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$499,553NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,813,697CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,326,429CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,423,502CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,019,897CurrentTaxYearMinus1YearAmt
Current Tax Year$1,695,420CurrentTaxYearAmt
Total$8,278,945TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,813,697CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,326,429CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,423,502CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,019,897CurrentTaxYearMinus1YearAmt
Current Tax Year$1,695,420CurrentTaxYearAmt
Total$8,278,945TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$649,977SubstantialContributorsTotAmt
Public Support Total170$7,628,968PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$48,342CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,311CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,951CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$41,730CurrentTaxYearMinus1YearAmt
Current Tax Year$42,006CurrentTaxYearAmt
Total$221,340TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$8,500,285TotalSupportAmt
Gross Receipts Rltd Activities$13,568GrossReceiptsRltdActivitiesAmt
Public Support CY1700.89750PublicSupportCY170Pct
Public Support PY1700.90160PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Rev Etc Audited Fincl Stmt$1,532,122TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$499,553NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$5,760DonatedServicesAndUseFcltsAmt
Other Revenue$13,904OtherRevenueAmt
Revenue Not Reported-$479,889RevenueNotReportedAmt
Revenue Subtotal$2,012,011RevenueSubtotalAmt
Investment Expenses Not Incld$6,030InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$6,030RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,018,041TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,911,750TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$5,760DonatedServicesUseFcltsAmt
Other Expenses Included$13,904OtherExpensesIncludedAmt
Expenses Not Reported$19,664ExpensesNotReportedAmt
Expenses Subtotal$1,892,086ExpensesSubtotalAmt
Investment Expenses Not Incld2$6,030InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$6,030ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,898,116TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt II, Line 3The Foundation has adopted the application of the provisions of FASB ASC 740-10 (formerly FASB Interpretation No. 48, "Accounting For Uncertainty in Income Taxes"). The primary tax positions made by the Foundation are the existence of Unrelated Business Income Tax and the Foundation's status as an exempt organization under Section 501(c)(3) of the Internal Revenue Code. The Foundation currently evaluates all tax positions, and makes determinations regarding the likelihood of those positions being upheld under review. For the year presented, and as a result of adoption, the Foundation has not recognized any tax benefits or loss contingencies for uncertain tax positions based on its evaluations. The Foundation's Form 990, Return of Organization Exempt from Income Tax, for the years ending December 31, 2019 through 2022 are subject to examination by the IRS, generally for 3 years after it is filed.
Pt XI, Line 2dFundraising event expense netted with revenue on Form 990
Pt XII, Line 2dFundraising event expense netted with revenue on Form 990

Schedule F IRS990ScheduleF

Grants To Org Outside US GrantsToOrgOutsideUSGrp (3 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
EuropeResearch$382,500Wire
North AmericaResearch$135,000Wire
South AmericaResearch$60,000Wire
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceOtherFormAndLineReferenceDesc
ExplanationThe Foundation makes their foreign grantees adhere to the same contract and write the same reports as their grantees in the US. The Foundation offers grants and fellowships designed to encourage research aimed at finding a specific treatment for fragile X syndrome. Institutions receiving grants must be exempt from federal income taxes under Section 501(c)(3) of the US Internal Revenue Code, if in the US. Institutions outside the US must be nonprofit educational institutions. Fellowships and grants are awarded for one year. A financial report and progress report are required within 90 days following the end of the project. If a project is not initiated within nine months of the date the award is made, the award must be reauthorized by the Foundation's Board of Directors.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Patricks Pal BasketballEvent1Nm
Gross Receipts Event1$124,284GrossReceiptsEvent1Amt
Charitable Contri Event1$118,684CharitableContriEvent1Amt
Gross Revenue Event1$5,600GrossRevenueEvent1Amt
Food And Beverage Event1$1,240FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$2,388OtherDirectExpensesEvent1Amt
Event22022 SwirlEvent2Nm
Gross Receipts Event2$63,825GrossReceiptsEvent2Amt
Charitable Contri Event2$35,575CharitableContriEvent2Amt
Gross Revenue Event2$28,250GrossRevenueEvent2Amt
Other Direct Expenses Event2$1,407OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$48,455GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$20,445CharitableContriOtherEventsAmt
Gross Revenue Other Events$28,010GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$5,840RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$2,229FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$325OthDirectExpnssOtherEventsAmt
Gross Receipts Total$236,564GrossReceiptsTotalAmt
Charitable Contributions Tot$174,704CharitableContributionsTotAmt
Gross Revenue Total Events$61,860GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$5,840RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$3,469FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$4,120OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$13,429DirectExpenseSummaryEventsAmt
Net Income Summary$48,431NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Emory University
201 Dowman DriveAtlantaGA30322580566256$50,000Research
Umass medical
55 N Lake AvenueWorcesterMA01655043358566$81,401Research
University fo Wisconsin-Madison
Drawer 538MilwaukeeWI53278396006492$90,000Research
Carnegie Mellon University
PO Box 371032PittsburghPA15250250969449$53,000Research
Rush University Medical Center
1201 W harrison St Suite 300ChicagoIL60607362174823$65,324Research
Salk Institue for Biological Studies
10010 North Torrey Pines RoadLa JollaCA92037952160097$45,000Research
Standford University School of Medicine
485 Broadway Third FloorRedwood CityCA94063941156365$45,000Research
University of Rochester
910 Genesee Street Suite 200RochesterNY14611160743209$45,000Research
Wake Forest School of Medicine
Medical Center BoulevardWinston SalemNC27103223849199$45,000Research
University of Californiam Riverside
900 University AvenueRiversideCA92521956006142$95,000Research
Icahn School of Medicine
1 Gustave L Levy PlaceNew YorkNY10029136171197$50,000Research
Massachusetts General Hospital
399 Revolution Drive Suite 740SomervilleMA02145042697983$50,000Research
Mercer University
1501 Mercer University DriveMaconGA31207580566167$50,000Research
Tufts University School of Medicine
136 Harrison AveBostonMA02111042103634$50,000Research
University of California at Irvine
University of California IrvineIrvineCA92697952226400$50,000Research
University of Nebraska Medical Center
985100 Nebraska Medical CenterOmahaNE68195470049123$50,000Research
FieldValueIRS element (for citing)
Total501c3 Org16Total501c3OrgCnt
Total Other Org16TotalOtherOrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 2The President, Katherine Clapp and the Treasurer, Michael Tranfaglia are married.
Pt VI, Line 11bThe Form 990 is prepared by an outside independent auditor and is then reviewed by the Board of Directors at a meeting before being filed with the Internal Revenue Service.
Pt VI, Line 12cIf an issue is to be decided by the Board that involves potential conflict of interest for a board member, it is the responsibility of the board member to identify the potential conflict of interest, not participate in the discussion of the issue and not vote on the issue.
Pt VI, Line 15aThe Board of Director members exclusive of the officers being discussed meet independently to discuss salary increases.
Pt VI, Line 15bThe Board of Director members exclusive of the officers being discussed meet independently to discuss salary increases.
Pt VI, Line 19The Foundation has written governing documents, conflict of interest policy and financial statements and they are available for public inspection upon request. The audited financial statements an the Foundation's 501(c)(3) exempt status are available to the public on the Foundation's website (www.fraxa.org). The Foundation's financial information and tax forms are also available on guidestar.org. The process has not changed from the prior year.