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Nonprofiteer
← FOUNDATION TO ERADICATE DUCHENNE INC

Form 990 for tax year 2024

Filed by FOUNDATION TO ERADICATE DUCHENNE INC.

Totals

Total revenue
$1,102,169
Total expenses
$827,891
Contributions and grants received
$772,781
Grants paid
$593,952
Program service revenue
$0
Investment income
$141,543
Other revenue
$187,845
Total assets, end of year
$1,308,359
Total liabilities, end of year
$139,818
Net assets or fund balances, end of year
$1,168,541
Program services expenses (Part IX)
$653,952
Management and general expenses
$77,061
Fundraising expenses
$96,878
Program service expenses (Part III)
$653,952

Program services were 79.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $760,536

  • 1f · All other contributions, gifts and grants

    $12,245

  • 3 · Investment income

    total $141,543 · excluded $141,543

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $760,536

  • 8b · Fundraising events: direct expenses

    $143,976

  • 8c · Net income from fundraising events

    total -$143,976 · excluded -$143,976

  • 11a · Other revenue: TRINDS LLC

    total $331,821 · excluded $331,821

  • 11e · Other revenue, total

    $331,821

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $322,308 · program services $322,308

  • 3 · Grants to foreign organizations and individuals

    total $271,644 · program services $271,644

  • 11a · Fees: management

    total $60,000 · management and general $60,000

  • 11c · Fees: accounting

    total $12,300 · management and general $6,150 · fundraising $6,150

  • 11d · Fees: lobbying

    total $60,000 · program services $60,000

  • 11e · Fees: professional fundraising services

    total $90,000 · fundraising $90,000

  • 13 · Office expenses

    total $2,014 · management and general $2,014

  • 24a · Other expenses: BANK FEES

    total $8,897 · management and general $8,897

  • 24b · Other expenses: LICENSES & PERMITS

    total $728 · fundraising $728

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,050 · end of year $12,601

  • 2 · Savings and temporary cash investments

    beginning of year $239,870 · end of year $289,943

  • 3 · Pledges and grants receivable

    beginning of year $30,487

  • 11 · Investments: publicly traded securities

    beginning of year $39,981 · end of year $51,434

  • 13 · Investments: program-related

    beginning of year $715,499 · end of year $954,381

  • 17 · Accounts payable and accrued expenses

    beginning of year $75,528 · end of year $10,818

  • 18 · Grants payable

    beginning of year $72,487 · end of year $129,000

  • 27 · Net assets without donor restrictions

    beginning of year $882,872 · end of year $1,168,541

Mission and programs · 2024

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE RESEARCH GRANTS TO FUND AGGRESSIVE RESEARCH INTO TREATMENTS FOR DUCHENNE MUSCULAR DYSTROPHY AND TO SUPPORT THE EFFORT TO TREAT, AND ULTIMATELY CURE, THIS DISEASE.

Activities or mission (Part I)

TO FUND RESEARCH INTO TREATMENTS FOR DUCHENNE MUSCULAR DYSTROPHY, IN HOPES OF FINDING A CURE.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $653,952 · Grants $593,952

As filed on the 2024 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Joel Wood

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Scott Sinder

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • James Wood

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Dan Carson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dave Heil

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brad Todd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bill Quirk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
7 May 2025
IRS schema version
2024v5.1
Source object
202511289349302851

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