THE MIND RESEARCH NETWORK: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- THE MIND RESEARCH NETWORK (EIN 85-0457562)
- Tax period
- 2018-09-29 to 2019-09-27
- Filed
- 2020-04-11
- IRS object ID
- 202011029349300006
- Schema version
- 2018v3.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule J
- Schedule O
- Schedule R
- Affiliated Group Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-04-11T13:35:13-05:00 | ReturnTs |
| Tax Period End | 2019-09-27 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6565 AMERICAS PARKWAY NE STE 600 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-09-29 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850457562 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MIND RESEARCH NETWORK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MIND | BusinessNameControlTxt |
| Phone | 5053489361 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 YALE BLVD NE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87106 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHANNON TOMA | PersonNm |
| Person Title | EXECUTIVE VICE PRESIDENT, CFO | PersonTitleTxt |
| Phone | 5053489361 | PhoneNum |
| Signature | 2020-04-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAMELA ALEXANDERSON | PreparerPersonNm |
| PTIN | P01218925 | PTIN |
| Phone | 5058787200 | PhoneNum |
| Preparation | 2020-04-08 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 73.242.194.32 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-04-09 | IPDt |
| IP Tm | 16:26:33 | IPTm |
| IP Timezone | MD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | B55F3079AAF5033C2820F37AAB7B0C57BE7E3096 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT W RUBIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2425 RIDGECREST DRIVE SE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,923,047 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MRN.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | NM | LegalDomicileStateCd |
| Activity Or Mission | THE MIND RESEARCH NETWORK (MRN) IS DEDICATED TO THE DISCOVERY AND ADVANCEMENT OF CLINICAL SOLUTIONS FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF MENTAL ILLNESS AND OTHER BRAIN DISORDERS. MRN IS A CONTROLLED ENTITY OF LOVELACE BIOMEDICAL RESEARCH INSTITUTE BASED IN ALBUQUERQUE, NEW MEXICO. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 4 | VotingMembersIndependentCnt |
| Total Employee | 126 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,792,105 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,463,452 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,966,330 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $447,573 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,519 | PYInvestmentIncomeAmt |
| CY Investment Income | $12,022 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $13,760,954 | PYTotalRevenueAmt |
| CY Total Revenue | $13,923,047 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,042,510 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,457,051 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,710,569 | PYOtherExpensesAmt |
| CY Other Expenses | $7,442,515 | CYOtherExpensesAmt |
| PY Total Expenses | $14,753,079 | PYTotalExpensesAmt |
| CY Total Expenses | $13,899,566 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$992,125 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $23,481 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,981,037 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,071,604 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,831,488 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,898,574 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,149,549 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,173,030 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MRN IS DEDICATED TO THE DISCOVERY AND ADVANCEMENT OF CLINICAL SOLUTIONS FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF MENTAL ILLNESS AND OTHER BRAIN DISORDERS. MRN IS A CONTROLLED ENTITY OF LOVELACE BIOMEDICAL RESEARCH INSTITUTE BASED IN ALBUQUERQUE, NM. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $11,127,818 | ExpenseAmt |
| Revenue | $447,573 | RevenueAmt |
| Desc | THE MIND RESEARCH NETWORK IS DEDICATED TO THE DISCOVERY AND ADVANCEMENT OF CLINICAL SOLUTIONS FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF MENTAL ILLNESS AND OTHER BRAIN DISORDERS. WHEN THE MIND RESEARCH NETWORK (MRN) WAS ESTABLISHED IN 1998 AS AN INDEPENDENT NON-PROFIT RESEARCH ORGANIZATION, ITS PROGRAMS OF INVESTIGATION WERE AIMED AT PROJECTS IN CLINICAL, COGNITIVE, AND BASIC NEUROSCIENCE USING AN ARRAY OF IMAGING TECHNOLOGIES TO INVESTIGATE THE WORKING BRAIN, BOTH FOR NORMAL SUBJECTS, AS WELL AS THOSE AFFLICTED BY BRAIN DISEASE. THESE TECHNOLOGIES INCLUDED STRUCTURAL MAGNETIC RESONANCE (SMR), FUNCTIONAL MAGNETIC RESONANCE (FMR), MAGNETOENCEPHALOGRAPHY (MEG), MAGNETIC RESONANCE SPECTROSCOPY (MRS), AND OPTICAL IMAGING. WHILE EACH TECHNOLOGY ALONE HAS LIMITATIONS, MRN HAS WORKED VIGOROUSLY TO DEVELOP TECHNIQUES THAT COMBINE THESE MULTIPLE TOOLS TO YIELD A MORE COMPLETE AND COMPREHENSIVE "MULTI-MODAL" APPROACH THAN IS POSSIBLE USING THE SAME TOOLS INDIVIDUALLY.BUILDING ON THESE STRENGTHS, THE ORGANIZATION HAS INTEGRATED GENETIC ANALYSIS AND CLINICAL ASSESSMENTS WITH STRUCTURAL AND FUNCTION IMAGING DATA TO ADVANCE THE EARLY DIAGNOSIS OF MENTAL ILLNESS. MRN'S LONG-TERM GOAL IS TO ADVANCE CLINICAL SOLUTIONS THAT WILL IMPROVE OUTCOMES FOR PATIENTS WITH MENTAL ILLNESS OR BRAIN DISORDERS. COLLECTIVELY, MILLIONS OF YEARS OF POTENTIALLY PRODUCTIVE LIFE ARE LOST TO MENTAL ILLNESS AND BRAIN DISORDERS, MAKING RESEARCH ON EARLY DIAGNOSIS AND PREVENTION ONE OF THE TOP PRIORITIES FOR THE NATIONAL INSTITUTES OF HEALTH.MRN'S RESEARCH PORTFOLIO IS COMPRISED OF OVER 50 CONTRACTS, GRANTS, AND SUBAWARDS VALUED AT APPROXIMATELY $84M AND SPANNING SEVERAL THEMATIC AREAS: (1) PSYCHOSIS (E.G., SCHIZOPHRENIA), (2) SUBSTANCE ABUSE DISORDERS AND ADDICTION, (3) CONDUCT DISORDERS/ANTI-SOCIAL PERSONALITY DISORDERS, (4) NEURODEVELOPMENT DISORDERS (E.G., AUTISM, ADD/ADHD). IN ADDITION, MRN IS INVOLVED IN RESEARCH ON HUMAN FACTORS AND PERFORMANCE, INCLUDING CREATIVITY, TBI/PTSD, AND ENHANCED FUNCTIONING. MAJOR SPONSORS ARE THE NATIONAL INSTITUTES OF HEALTH, NATIONAL SCIENCE FOUNDATION, AND OTHER FEDERAL AGENCIES. MRN EMPLOYS APPROXIMATELY 120 STAFF AND CONTRACT PERSONNEL. | Desc |
| Total Program Service Expenses | $11,127,818 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 32 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 126 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 4 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHANNON TOMA | PersonNm |
| Phone | 5053489361 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2425 RIDGECREST DRIVE SE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87108 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ROBERT RUBIN PHD | ||||||||
| CHAIRMAN OF THE BOARD | 2.00 | 38.00 | Yes (X) | Yes (X) | $0 | $777,972 | $38,942 | |
| SHANNON TOMA CPA | ||||||||
| EXECUTIVE VP, CFO | 2.00 | 38.00 | Yes (X) | Yes (X) | $0 | $502,112 | $38,942 | |
| KENT KIEHL PHD | ||||||||
| EXECUTIVE SCIENCE OFFICER | 40.00 | Yes (X) | Yes (X) | $365,852 | $0 | $30,529 | ||
| VINCE CALHOUN PHD | ||||||||
| ESO, PRESIDENT (THROUGH 5/30/19) | 40.00 | Yes (X) | Yes (X) | $346,117 | $0 | $30,495 | ||
| HANK SCHWARTZ MD | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRIS SPENCER CPA | ||||||||
| TRUSTEE | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SARA EASTERSON-BOND | ||||||||
| TRUSTEE | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JACKIE LOVELACE JOHNSON | ||||||||
| TRUSTEE | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| JODY ROBERTS | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | Yes (X) | $171,101 | $0 | $13,943 | |||
| ANDREW MAYER PHD | ||||||||
| DIRECTOR OF TRAUMA | 40.00 | $171,164 | $0 | $28,804 | Yes (X) | |||
| JEFFREY LEWINE PHD | ||||||||
| DIR OF BUS DEV (THROUGH 10/6/18) | 40.00 | $123,891 | $0 | $17,783 | Yes (X) | |||
| ARVIND CAPRIHAN | ||||||||
| ASSOCIATE PROFESSOR-TRANSN | 40.00 | $128,753 | $0 | $10,773 | Yes (X) | |||
| ERIC CLAUS | ||||||||
| ASSISTANT PROFESSOR-TRANSN | 40.00 | $119,092 | $0 | $19,192 | Yes (X) | |||
| ERIC VERNER | ||||||||
| SENIOR DATA SCIENTIST | 40.00 | $104,992 | $0 | $21,044 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,530,962 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,280,084 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $250,447 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSIGHT INVESTMENTS LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 ANTON BLVD SUITE 700 | AddressLine1Txt |
| City | COSTA MESA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 926267050 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | IT SERVICES | ServicesDesc |
| Compensation | $128,595 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $13,445,491 | GovernmentGrantsAmt |
| All Other Contributions | $17,961 | AllOtherContributionsAmt |
| Total Contributions | $13,463,452 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| BIOMEDICAL RESEARCH | 541700 | $400,215 | $400,215 |
| INTERCOMPANY REIMBURSE | 900099 | $47,358 | $47,358 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $447,573 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,022 | TotalRevenueColumnAmt |
| Exclusion | $12,022 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,923,047 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $447,573 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $12,022 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $897,841 | TotalAmt |
| Program Services | $532,679 | ProgramServicesAmt |
| Management And General | $365,162 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,868,136 | TotalAmt |
| Program Services | $3,824,354 | ProgramServicesAmt |
| Management And General | $43,782 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $283,472 | TotalAmt |
| Program Services | $273,262 | ProgramServicesAmt |
| Management And General | $10,210 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,013,878 | TotalAmt |
| Program Services | $920,187 | ProgramServicesAmt |
| Management And General | $93,691 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $393,724 | TotalAmt |
| Program Services | $370,223 | ProgramServicesAmt |
| Management And General | $23,501 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,429 | TotalAmt |
| Management And General | $6,429 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,599 | TotalAmt |
| Management And General | $7,599 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,181,867 | TotalAmt |
| Program Services | $4,041,474 | ProgramServicesAmt |
| Management And General | $140,393 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,749 | TotalAmt |
| Program Services | $1,749 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,901 | TotalAmt |
| Program Services | $36,483 | ProgramServicesAmt |
| Management And General | $7,418 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,613 | TotalAmt |
| Program Services | $14,551 | ProgramServicesAmt |
| Management And General | $239,062 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $856,304 | TotalAmt |
| Program Services | $654,065 | ProgramServicesAmt |
| Management And General | $202,239 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,207 | TotalAmt |
| Program Services | $121,859 | ProgramServicesAmt |
| Management And General | $1,348 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,274 | TotalAmt |
| Program Services | $35,029 | ProgramServicesAmt |
| Management And General | $1,245 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,665 | TotalAmt |
| Management And General | $18,665 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,499 | TotalAmt |
| Program Services | $109,499 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,371 | TotalAmt |
| Program Services | $17,226 | ProgramServicesAmt |
| Management And General | $5,145 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| RESEARCH SUPPLIES | $927,235 | $927,235 | |
| REIMBURSEMENT TO RELATE | $285,535 | -$831,102 | $1,116,637 |
| MINOR EQUIPMENT | $253,784 | $59,301 | $194,483 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $314,483 | TotalAmt |
| Program Services | $19,744 | ProgramServicesAmt |
| Management And General | $294,739 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,899,566 | TotalAmt |
| Program Services | $11,127,818 | ProgramServicesAmt |
| Management And General | $2,771,748 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,592 | BOYAmt |
| EOY | $30,381 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,763,247 | BOYAmt |
| EOY | $2,109,367 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,290 | BOYAmt |
| EOY | $229,598 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $608,064 | BOYAmt |
| EOY | $275,961 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $12,074,007 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,647,710 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,844 | BOYAmt |
| EOY | $426,297 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,981,037 | BOYAmt |
| EOY | $3,071,604 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,288,969 | BOYAmt |
| EOY | $910,570 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $542,519 | BOYAmt |
| EOY | $988,004 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,831,488 | BOYAmt |
| EOY | $1,898,574 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,149,549 | BOYAmt |
| EOY | $1,173,030 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,149,549 | BOYAmt |
| EOY | $1,173,030 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,981,037 | BOYAmt |
| EOY | $3,071,604 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $23,481 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
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 | $10,371,688 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,327,538 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,197,564 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,792,105 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,463,452 | CurrentTaxYearAmt |
| Total | $58,152,347 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,371,688 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,327,538 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,197,564 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,792,105 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,463,452 | CurrentTaxYearAmt |
| Total | $58,152,347 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $58,152,347 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,065 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $8,243 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,892 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,022 | CurrentTaxYearAmt |
| Total | $33,222 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $58,185,569 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $7,790,230 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99940 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99950 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Belongs Afflt Grp | Yes (X) | OrganizationBelongsAffltGrpInd |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $1,069 | AffiliatedGroupTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $1,069 | AffiliatedGroupTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $11,127,818 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $56,755,006 | AffiliatedGroupTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $11,127,818 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $56,756,075 | AffiliatedGroupTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $706,391 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $1,000,000 | AffiliatedGroupTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $176,598 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $250,000 | AffiliatedGroupTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $168,937 | CurrentYearMinus3Amt |
| Current Year Minus2 | $191,280 | CurrentYearMinus2Amt |
| Current Year Minus1 | $194,240 | CurrentYearMinus1Amt |
| Current Year | $1,069 | CurrentYearAmt |
| Total | $555,526 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,645,080 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,240,884 | DepreciationAmt |
| Book Value | $404,196 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $428,927 | OtherCostOrOtherBasisAmt |
| Depreciation | $406,826 | DepreciationAmt |
| Book Value | $22,101 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $426,297 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NOTE PAYABLE TO LBRI | $502,937 |
| INTERCOMPANY PAYABLE | $485,067 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $988,004 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | LBRI, LBERI AND MRN ARE NON-PROFIT CORPORATIONS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) OF 1986, AS AMENDED, AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). FURTHER, LBRI, LBERI AND MRN HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER IRC SECTION 509(A) AS ORGANIZATIONS DESCRIBED IN IRC SECTION 170(B)(1)(A)(VI), AND AS SUCH, CONTRIBUTIONS TO THESE ORGANIZATION QUALIFY AS CHARITABLE CONTRIBUTIONS. HOWEVER, INCOME GENERATED FROM CERTAIN ACTIVITIES UNRELATED TO LBRI, LBERI, OR MRN'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAX AS UNRELATED BUSINESS INCOME UNDER IRC SECTION 511. LBRI, LBERI AND MRN DID NOT HAVE ANY MATERIAL UNRELATED BUSINESS INCOME FOR THE YEARS ENDED SEPTEMBER 27, 2019 AND SEPTEMBER 28, 2018, RESPECTIVELY. AS OF SEPTEMBER 27, 2019 AND SEPTEMBER 28, 2018, THE COMPANY PERFORMED A REVIEW OF ITS MATERIAL TAX POSITIONS IN ACCORDANCE WITH RECOGNITION AND MEASUREMENT STANDARDS ESTABLISHED BY US GAAP. AS A RESULT OF THIS REVIEW, THE COMPANY CONCLUDED THAT LBRI, LBERI AND MRN QUALIFIED AS TAX EXEMPT ORGANIZATIONS UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), HAD NO UNREPORTED INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES, AND DID NOT HAVE ANY ENTITY LEVEL TAX POSITIONS FOR LBRI, LBERI, OR MRN THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD. THE COMPANY FILES TAX RETURNS AS PRESCRIBED BY THE TAX LAWS OF THE JURISDICTIONS IN WHICH IT OPERATES. IN THE NORMAL COURSE OF BUSINESS, THE COMPANY IS SUBJECT TO EXAMINATION BY FEDERAL, STATE, LOCAL AND FOREIGN JURISDICTIONS, WHERE APPLICABLE. AS OF SEPTEMBER 27, 2019 AND SEPTEMBER 28, 2018, THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUTE OF LIMITATIONS ARE FROM THE YEAR ENDED SEPTEMBER 30, 2016, AND FORWARD. THE COMPANY RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THERE WERE NO SUCH INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED SEPTEMBER 27, 2019 OR SEPTEMBER 28, 2018. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT RUBIN PHD | ||||||||||||||
| CHAIRMAN OF THE BOARD | $0 | $660,452 | $0 | $50,000 | $0 | $67,520 | $0 | $26,881 | $0 | $12,061 | $0 | $816,914 | $0 | $0 |
| SHANNON TOMA CPA | ||||||||||||||
| EXECUTIVE VP, CFO | $0 | $486,112 | $0 | $16,000 | $0 | $0 | $0 | $26,881 | $0 | $12,061 | $0 | $541,054 | $0 | $0 |
| KENT KIEHL PHD | ||||||||||||||
| EXECUTIVE SCIENCE OFFICER | $325,852 | $0 | $40,000 | $0 | $0 | $0 | $19,402 | $0 | $11,127 | $0 | $396,381 | $0 | $0 | $0 |
| VINCE CALHOUN PHD | ||||||||||||||
| ESO, PRESIDENT (THROUGH 5/30/19) | $346,117 | $0 | $0 | $0 | $0 | $0 | $18,500 | $0 | $11,995 | $0 | $376,612 | $0 | $0 | $0 |
| JODY ROBERTS | ||||||||||||||
| CHIEF OPERATING OFFICER | $171,101 | $0 | $0 | $0 | $0 | $0 | $13,685 | $0 | $258 | $0 | $185,044 | $0 | $0 | $0 |
| ANDREW MAYER PHD | ||||||||||||||
| DIRECTOR OF TRAUMA | $171,164 | $0 | $0 | $0 | $0 | $0 | $14,056 | $0 | $14,748 | $0 | $199,968 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4B | DR. ROBERT RUBIN 457(F) PLAN- 2018 CONTRIBUTION IS $40,672. SINCE DR. RUBIN IS VESTED IN THE 457(F) PLAN, THE ENTIRE AMOUNT OF HIS 2018 457(F) PLAN CONTRIBUTION IS INCLUDED IN TAXABLE INCOME. |
| PART I, LINE 7 | BONUSES ARE AWARDED ANNUALLY. MANAGEMENT IS PROVIDED AN AMOUNT, APPROVED BY THE BOARD, TO PAY IN ANNUAL BONUS. BONUS PAYMENTS ARE REVIEWED AND APPROVED BY THE EMPLOYEE'S DIRECT SUPERVISOR, VICE PRESIDENT OF HUMAN RESOURCES, AND CEO. CEO BONUS IS ESTABLISHED BY THE FULL BOARD OF DIRECTORS OF LOVELACE BIOMEDICAL RESEARCH INSTITUTE. ALL BONUSES ARE FURTHER REVIEWED AND APPROVED BY MRN MANAGEMENT, CONSISTING OF THE PRESIDENT, ESO, AND COO. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PRESENTED IN DRAFT FORM TO THE AUDIT AND COMPENSATION COMMITTEE AND TO THE FULL BOARD FOR REVIEW PRIOR TO SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A CODE OF CONDUCT THAT ADDRESSES CONFLICTS OF INTEREST. IT IS PRESENTED TO THE BOARD ANNUALLY. ADDITIONALLY, ALL EMPLOYEES, INCLUDING TRUSTEES, ARE REQUIRED TO READ AND ACKNOWLEDGE THE CODE ANNUALLY. IN ADDITION, IF A CONFLICT ARISES, THE CONFLICTED INDIVIDUAL RECUSES HIMSELF FROM VOTING ON THE ISSUE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION'S AUDIT AND COMPENSATION COMMITTEES RECEIVE COMPENSATORY RECOMMENDATIONS FROM HUMAN RESOURCES AND FROM MANAGEMENT AS TO: 1. THE PERCENT BASE SALARY INCREASE FOR THE ORGANIZATION AS A WHOLE WITH TARGETS AND DOLLAR AMOUNT OF IMPACT ARE PRESENTED TO AND APPROVED BY THE AUDIT AND COMPENSATION COMMITTEES. 2. TARGET AMOUNT OF BONUS COMPENSATION FOR THE ENTIRE ORGANIZATION AND DOLLAR IMPACT ARE PRESENTED AND APPROVED BY THE AUDIT AND COMPENSATION COMMITTEES. 3. CEO COMPENSATION (BASE, BONUS, AND DEFERRED COMPENSATION) IS REVIEWED TO MARKET VALUE FOR SIMILAR POSITIONS IN THE INDUSTRY AND APPROVED BY THE AUDIT AND COMPENSATION COMMITTEES. THIS PROCESS IS DOCUMENTED AND WAS LAST COMPLETED IN 2019. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,693,096. MANAGEMENT AND GENERAL EXPENSES 140,393. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,833,489. SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 2,348,378. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,348,378. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LOVELACE BIOMEDICAL RESEARCH INSTITUTE | |||||||||||
| 2425 RIDGECREST DR SE | ALBUQUERQUE | NM | 87108 | 850110669 | MEDICAL RESEARCH SEEKING THE CAUSES AND CURES FOR RESPIRATORY DISEASES | NM | 501(C)(3) | LINE 7 | N/A | 0 | |
| LOVELACE BIOMEDICAL AND ENVIROMENTAL RESEARCH INSTITUTE | |||||||||||
| 2425 RIDGECREST DR SE | ALBUQUERQUE | NM | 87108 | 510154069 | BIOMEDICAL AND ENVIRONMENTAL RESEARCH FUNCTIONS OF LBRI INC. | NM | 501(C)(3) | LINE 7 | 0 | LOVELACE BIOMEDICAL RESEARCH | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOVELACE SCIENTIFIC RESOURCES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2441 RIDGECREST DR SE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850357767 | EIN |
| Primary Activities | SCIENTIFIC RESEARCH | PrimaryActivitiesTxt |
| Legal Domicile State | NM | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Affiliated Group Schedule AffiliatedGroupSchedule
Affiliated Schedule AffiliatedScheduleGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Electing OrganizationElectingOrganizationInd | Total Grassroots LobbyTotalGrassrootsLobbyAmt | Total Direct LobbyTotalDirectLobbyAmt | Total Lobby ExpenditureTotalLobbyExpenditureAmt | Other Exempt Purpose ExpendOtherExemptPurposeExpendAmt | Total Exempt Purpose ExpendTotalExemptPurposeExpendAmt | Lobby NontxLobbyNontxAmt | Grassroots NontxGrassrootsNontxAmt | Total Lobby Grssroot Mns NontxTotalLobbyGrssrootMnsNontxAmt | Tot Lbby Expend Mns Lobby NontxTotLbbyExpendMnsLobbyNontxAmt | Share Excess Lobby ExpendShareExcessLobbyExpendAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LOVELACE BIOMEDICAL AND ENVIRONMENTAL INSTITUTE | |||||||||||||||
| 2425 RIDGECREST DR SE | ALBUQUERQUE | NM | 87108 | 540154068 | Yes (X) | $0 | $0 | $0 | $28,487,024 | $28,487,024 | $1,000,000 | $250,000 | $0 | $0 | $0 |
| LOVELACE BIOMEDICAL RESEARCH INSTITUTE | |||||||||||||||
| 2425 RIDGECREST DR SE | ALBUQUERQUE | NM | 87108 | 850110669 | $0 | $1,069 | $1,069 | $17,140,164 | $17,141,233 | $1,000,000 | $250,000 | $0 | $0 | $0 | |
| THE MIND RESEARCH NETWORK | |||||||||||||||
| 1101 YALE BLVD NE | ALBUQUERQUE | NM | 87106 | 850457562 | $0 | $0 | $0 | $11,127,818 | $11,127,818 | $706,391 | $176,598 | $0 | $0 | $0 | |