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FOOD ALLERGY SCIENCE INITIATIVE INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
FOOD ALLERGY SCIENCE INITIATIVE INC (EIN 85-1293789)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-11-13
IRS object ID
202503179349309875
Schema version
2024v5.2
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)
Return2025-11-13T15:32:01-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WithumSmithBrown PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE TOWER CENTER BLVD 14TH FLAddressLine1Txt
CityEAST BRUNSWICKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08816ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN851293789EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Food Allergy Science Initiative IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% THE ORGANIZATIONInCareOfNm
Business Name ControlFOODBusinessNameControlTxt
Phone6179998561PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 990692AddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02199ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARLOS BOSQUESPersonNm
Person TitleCEOPersonTitleTxt
Phone6179998561PhoneNum
Signature2025-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonIsrael TannenbaumPreparerPersonNm
PTINP01589203PTIN
Phone7328281614PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCARLOS BOSQUESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 990692AddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02199ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,942,516GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.foodallergyscience.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2020FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTo 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 Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$6,274,385PYContributionsGrantsAmt
CY Contributions Grants$8,620,366CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$386,556PYInvestmentIncomeAmt
CY Investment Income$320,297CYInvestmentIncomeAmt
PY Other Revenue$921PYOtherRevenueAmt
CY Other Revenue$1,853CYOtherRevenueAmt
PY Total Revenue$6,661,862PYTotalRevenueAmt
CY Total Revenue$8,942,516CYTotalRevenueAmt
PY Grants And Similar Paid$2,917,301PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,365,322CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,150,036PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,368,259CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$386,459CYTotalFundraisingExpenseAmt
PY Other Expenses$627,318PYOtherExpensesAmt
CY Other Expenses$596,439CYOtherExpensesAmt
PY Total Expenses$4,694,655PYTotalExpensesAmt
CY Total Expenses$6,330,020CYTotalExpensesAmt
PY Revenues Less Expenses$1,967,207PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,612,496CYRevenuesLessExpensesAmt
Total Assets BOY$6,340,472TotalAssetsBOYAmt
Total Assets EOY$7,792,816TotalAssetsEOYAmt
Total Liabilities BOY$3,798,191TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,638,039TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,542,281NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,154,777NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ACCELERATE THE DEVELOPMENT OF BREAKTHROUGH DISCOVERIES THAT WILL TRANSFORM THE LIVES OF PEOPLE LIVING WITH FOOD ALLERGIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$5,407,368ExpenseAmt
Grant$4,365,322GrantAmt
DescSEE SCHEDULE ODesc
Total Program Service Expenses$5,407,368TotalProgramServiceExpensesAmt
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 EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
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 Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee6EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
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
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTHE ORGANIZATIONPersonNm
Phone6179998561PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 990692AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02199ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Carlos Bosques
CEO40.00.0Yes (X)$364,330$0$19,950
Christopher John Beneduce Jr
PRINCIPAL SCIENTIST40.00.0$175,061$0$18,308Yes (X)
Nicole Yin Yee Lai
Senior Scientist40.00.0$160,000$0$10,360Yes (X)
Christine Olsen MD
BOARD CHAIR, DIRECTOR1.00.0Yes (X)$0$0$0Yes (X)
Lesley Solomon MBA
DIRECTOR1.00.0Yes (X)$0$0$0Yes (X)
Justine Levin-Allerhand PhD
TREASURER, DIRECTOR1.00.0Yes (X)$0$0$0Yes (X)
Eric Edwards MD PhD
DIRECTOR1.00.0$0$0$0Yes (X)
Erica Colleran
DIRECTOR1.00.0$0$0$0Yes (X)
Ning Drako
Director1.00.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$699,391TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$48,618TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$2,531,179GovernmentGrantsAmt
All Other Contributions$6,089,187AllOtherContributionsAmt
Total Contributions$8,620,366TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$320,297TotalRevenueColumnAmt
Exclusion$320,297ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$1,853TotalRevenueColumnAmt
Related Or Exempt Func Income$1,853RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,853OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,942,516TotalRevenueColumnAmt
Related Or Exempt Func Income$1,853RelatedOrExemptFuncIncomeAmt
Exclusion$320,297ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$4,365,322TotalAmt
Program Services$4,365,322ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$395,926TotalAmt
Program Services$207,938ProgramServicesAmt
Management And General$75,195ManagementAndGeneralAmt
Fundraising$112,793FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$787,655TotalAmt
Program Services$474,772ProgramServicesAmt
Management And General$187,354ManagementAndGeneralAmt
Fundraising$125,529FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$33,566TotalAmt
Program Services$12,991ProgramServicesAmt
Management And General$10,785ManagementAndGeneralAmt
Fundraising$9,790FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$58,556TotalAmt
Program Services$30,892ProgramServicesAmt
Management And General$14,501ManagementAndGeneralAmt
Fundraising$13,163FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$92,556TotalAmt
Program Services$52,715ProgramServicesAmt
Management And General$20,884ManagementAndGeneralAmt
Fundraising$18,957FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,752TotalAmt
Management And General$9,752ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$66,480TotalAmt
Management And General$66,480ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$301,965TotalAmt
Program Services$229,646ProgramServicesAmt
Management And General$72,319ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$105,156TotalAmt
Program Services$423ProgramServicesAmt
Management And General$12,140ManagementAndGeneralAmt
Fundraising$92,593FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,772TotalAmt
Program Services$272ProgramServicesAmt
Management And General$11,441ManagementAndGeneralAmt
Fundraising$59FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$37,483TotalAmt
Program Services$1,752ProgramServicesAmt
Management And General$30,575ManagementAndGeneralAmt
Fundraising$5,156FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$32,464TotalAmt
Program Services$10,150ProgramServicesAmt
Management And General$18,003ManagementAndGeneralAmt
Fundraising$4,311FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$9,071TotalAmt
Program Services$9,071ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,238TotalAmt
Management And General$2,238ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$20,058TotalAmt
Program Services$11,424ProgramServicesAmt
Management And General$4,526ManagementAndGeneralAmt
Fundraising$4,108FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,330,020TotalAmt
Program Services$5,407,368ProgramServicesAmt
Management And General$536,193ManagementAndGeneralAmt
Fundraising$386,459FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,323,980BOYAmt
EOY$6,057,884EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,636,403EOYAmt

Accounts Receivable AccountsReceivableGrp

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

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

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

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$14,254BOYAmt
EOY$81,959EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$18,267LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$18,267LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,238BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

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

Investments Other Securities InvestmentsOtherSecuritiesGrp

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

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$16,570EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,340,472BOYAmt
EOY$7,792,816EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$222,769BOYAmt
EOY$136,666EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$3,575,422BOYAmt
EOY$2,501,373EOYAmt

Deferred Revenue DeferredRevenueGrp

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

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

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

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

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

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,798,191BOYAmt
EOY$2,638,039EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,542,281BOYAmt
EOY$4,918,895EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$235,882EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,542,281BOYAmt
EOY$5,154,777EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,340,472BOYAmt
EOY$7,792,816EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,612,496ReconcilationRevenueExpnssAmt
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 RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,882,050CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,457,645CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,215,093CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,274,385CurrentTaxYearMinus1YearAmt
Current Tax Year$8,620,366CurrentTaxYearAmt
Total$32,449,539TotalAmt

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$2,882,050CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,457,645CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,215,093CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,274,385CurrentTaxYearMinus1YearAmt
Current Tax Year$8,620,366CurrentTaxYearAmt
Total$32,449,539TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$32,449,539PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$505CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,021CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$203,264CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$386,556CurrentTaxYearMinus1YearAmt
Current Tax Year$320,297CurrentTaxYearAmt
Total$921,643TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$301CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$777CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,749CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$921CurrentTaxYearMinus1YearAmt
Current Tax Year$1,853CurrentTaxYearAmt
Total$6,601TotalAmt
FieldValueIRS element (for citing)
Total Support$33,377,783TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

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)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp
LandLandGrp
BuildingsBuildingsGrp
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,267OtherCostOrOtherBasisAmt
Depreciation$18,267DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Depreciation$0DepreciationAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$8,942,516TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$8,942,516RevenueSubtotalAmt
Total Revenue Per Form990$8,942,516TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,330,020TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$6,330,020ExpensesSubtotalAmt
Total Expenses Per Form990$6,330,020TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART X, LINE 2:The Organization is exempt from federal income tax under Section 501(c)(3) of the United States Internal Revenue Code and exempt from state income taxes under state law, and no provision for such income tax has been reflected in the accompanying financial statements. The Organization has evaluated uncertain tax positions with respect to its operations and concluded there are no such positions at June 30, 2025 and 2024.The Organization did not recognize any tax-related interest or penalties during the period presented in these financial statements.
SCHEDULE D, PART XII, LINE 4b:Grants Refunded $ 356,671

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEurope (Including Iceland and Greenland)RegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedProgram ServicesTypeOfActivitiesConductedTxt
Specific Services ProvidedResearchSpecificServicesProvidedTxt
Region Total Expenditures$118,762RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$118,762SubtotalSpentAmt
Total Spent$118,762TotalSpentAmt
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
BRIGHAM AND WOMEN'S HOSPITAL
75 FRANCIS STBOSTONMA02115042312909501(C)(3)$56,250Research
Massachusetts General Hospital
55 Fruit StreetBostonMA02114041564655501(C)(3)$369,250Research
Yale University
PO Box 208327 25 Science Park 150New HavenCT065208327060646973501(C)(3)$1,439,637Research
Northwestern University
633 Clark StreetEvanstonIL60208362167817501(C)(3)$100,000RESEARCH
Arizona State University
1151 S Forest Ave TempeTempeAZ85281860196696501(C)(3)$75,000RESEARCH
The Rockefeller University
1230 York AvenueNew YorkNY10065131624158501(C)(3)$773,905Research
Harvard College
Massachusetts HallCambridgeMA02138042103580501(C)(3)$352,595Research
Harvard Medical School
1635 Tremont StreetbostonMA02120042103580501(C)(3)$392,434Research
Boston Children's Hospital
300 Longwood AvenueBOSTONMA02115042774441501(c)(3)$494,868Research
Beth Israel Deaconess Medical Center Inc
330 Brookline AvenuebostonMA02215042103545501(c)(3)$310,510Research
FieldValueIRS element (for citing)
Total501c3 Org10Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
ExplanationThere 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

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Carlos Bosques
CEO$364,330$0$0$0$0$0$14,235$0$5,715$0$384,280$0$0$0
Christopher John Beneduce Jr
PRINCIPAL SCIENTIST$175,061$0$0$0$0$0$7,360$0$10,948$0$193,369$0$0$0
Nicole Yin Yee Lai
Senior Scientist$160,000$0$0$0$0$0$6,400$0$3,960$0$170,360$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 4ATHE 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 A DRUG 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 11BTHE 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 12CEach FASI Director, Advisor and staff member SIGNS A CONFLICT OF INTEREST FORM 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 19GOVERNING DOCUMENTS, DISCLOSURE EXPLANATION, THE FINANCIAL STATEMENTS, AND OTHER DOCUMENTS, SUCH AS THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:Grants refunded $ 356,671