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Nonprofiteer
← THE PARENT PROJECT FOR MUSCULAR DYSTROPHY RESEARCH INC

Form 990 for tax year 2023

Filed by THE PARENT PROJECT FOR MUSCULAR DYSTROPHY RESEARCH INC.

Totals

Total revenue
$13,881,085
Total expenses
$12,112,486
Contributions and grants received
$12,660,929
Grants paid
$2,560,127
Program service revenue
$1,210,969
Investment income
$88,569
Other revenue
-$79,382
Total assets, end of year
$10,440,900
Total liabilities, end of year
$634,715
Net assets or fund balances, end of year
$9,806,185
Program services expenses (Part IX)
$10,187,712
Management and general expenses
$1,372,227
Fundraising expenses
$552,547
Program service expenses (Part III)
$10,187,712

Program services were 84.1% 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

    $2,634,182

  • 1f · All other contributions, gifts and grants

    $10,026,747

  • 2a · Program service revenue: FEES FOR SERVICE

    total $603,458 · related or exempt $603,458

  • 2b · Program service revenue: CONFERENCE INCOME

    total $587,511 · related or exempt $587,511

  • 2c · Program service revenue: OTHER MEETINGS AND CONFERENCES

    total $20,000 · related or exempt $20,000

  • 3 · Investment income

    total $88,182 · excluded $88,182

  • 7a · Gross sales of assets other than inventory

    securities $808,245

  • 7b · Less cost or other basis and sales expenses

    securities $807,858

  • 7c · Gain or loss

    securities $387

  • 7d · Net gain or loss

    total $387 · related or exempt $387

  • 8a · Fundraising events: gross income

    $141,751

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

    $2,634,182

  • 8b · Fundraising events: direct expenses

    $272,298

  • 8c · Net income from fundraising events

    total -$130,547 · excluded -$130,547

  • 11a · Other revenue: RECOVERY OF PREVIOUSLY AWARDED GR

    total $40,823 · related or exempt $40,823

  • 11b · Other revenue: OTHER

    total $10,342 · related or exempt $10,342

  • 11e · Other revenue, total

    $51,165

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,506,357 · program services $2,506,357

  • 3 · Grants to foreign organizations and individuals

    total $53,770 · program services $53,770

  • 5 · Compensation of officers, directors and key employees

    total $371,400 · program services $315,690 · management and general $18,570 · fundraising $37,140

  • 7 · Other salaries and wages

    total $2,703,536 · program services $2,276,227 · management and general $161,057 · fundraising $266,252

  • 8 · Pension plan contributions

    total $134,941 · program services $113,742 · management and general $7,881 · fundraising $13,318

  • 9 · Other employee benefits

    total $272,736 · program services $229,900 · management and general $15,938 · fundraising $26,898

  • 10 · Payroll taxes

    total $216,967 · program services $182,881 · management and general $12,671 · fundraising $21,415

  • 11b · Fees: legal

    total $491,921 · program services $42,187 · management and general $449,734

  • 11c · Fees: accounting

    total $20,800 · management and general $20,800

  • 11g · Fees: other

    total $1,134,369 · program services $819,004 · management and general $294,365 · fundraising $21,000

  • 12 · Advertising and promotion

    total $52,412 · program services $52,370 · fundraising $42

  • 13 · Office expenses

    total $47,179 · program services $5,577 · management and general $41,198 · fundraising $404

  • 14 · Information technology

    total $359,665 · program services $82,598 · management and general $215,204 · fundraising $61,863

  • 16 · Occupancy

    total $86,706 · program services $67,999 · management and general $16,429 · fundraising $2,278

  • 17 · Travel

    total $526,739 · program services $501,932 · management and general $4,464 · fundraising $20,343

  • 19 · Conferences, conventions and meetings

    total $98,359 · program services $98,209 · management and general $100 · fundraising $50

  • 22 · Depreciation, depletion and amortization

    total $13,774 · program services $11,611 · management and general $804 · fundraising $1,359

  • 23 · Insurance

    total $21,538 · program services $15,875 · management and general $3,808 · fundraising $1,855

  • 24a · Other expenses: ANNUAL CONFERENCE

    total $959,687 · program services $959,687 · management and general $0 · fundraising $0

  • 24b · Other expenses: PROGRAM SUPPLIES

    total $696,790 · program services $682,761 · management and general $13,509 · fundraising $520

  • 24c · Other expenses: MEALS

    total $575,908 · program services $565,886 · management and general $7,758 · fundraising $2,264

  • 24d · Other expenses: CONTRIBUTIONS & SPONSOR

    total $214,346 · program services $213,241 · management and general $1,105 · fundraising $0

  • 24e · All other expenses

    total $552,586 · program services $390,208 · management and general $86,832 · fundraising $75,546

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,694,546 · end of year $3,303,990

  • 2 · Savings and temporary cash investments

    beginning of year $1,500,181 · end of year $1,500,476

  • 3 · Pledges and grants receivable

    beginning of year $1,782,425 · end of year $1,565,673

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $252,548

  • 8 · Inventories for sale or use

    beginning of year $87,750 · end of year $65,513

  • 9 · Prepaid expenses and deferred charges

    beginning of year $197,973 · end of year $367,666

  • 10a · Land, buildings and equipment: cost or other basis

    $111,685

  • 10b · Land, buildings and equipment: accumulated depreciation

    $91,324

  • 10c · Land, buildings and equipment, net

    beginning of year $26,475 · end of year $20,361

  • 11 · Investments: publicly traded securities

    beginning of year $138,898 · end of year $282,716

  • 12 · Investments: other securities

    beginning of year $2,210,501 · end of year $2,113,362

  • 13 · Investments: program-related

    beginning of year $850,479 · end of year $850,479

  • 15 · Other assets

    beginning of year $159,426 · end of year $118,116

  • 17 · Accounts payable and accrued expenses

    beginning of year $463,474 · end of year $435,449

  • 18 · Grants payable

    beginning of year $62,917 · end of year $102,502

  • 25 · Other liabilities

    beginning of year $242,025 · end of year $96,764

  • 27 · Net assets without donor restrictions

    beginning of year $6,152,121 · end of year $7,453,058

  • 28 · Net assets with donor restrictions

    beginning of year $1,728,117 · end of year $2,353,127

Mission and programs · 2023

Mission

THE PARENT PROJECT MUSCULAR DYSTROPHY (PPMD) FIGHTS TO END DUCHENNE. WE ACCELERATE RESEARCH, RAISE OUR VOICES TO IMPACT POLICY, DEMAND OPTIMAL CARE FOR EVERY SINGLE FAMILY, AND STRIVE TO ENSURE ACCESS TO APPROVED THERAPIES.

Activities or mission (Part I)

END DUCHENNE MUSCULAR DYSTROPHY THROUGH RESEARCH, ADVOCACY, EDUCATION, & OPTIMAL MEDICAL CARE.

  • RESEARCHPPMD'S RESEARCH PROGRAM IDENTIFIES AND AGGRESSIVELY FUNDS THE MOST PROMISING NEAR AND LONG-TERM DUCHENNE RESEARCH ACROSS NUMEROUS THERAPEUTIC STRATEGIES; STIMULATES NEW RESEARCH TO ENSURE THAT THE THERAPEUTIC PIPELINE IS RICH WITH OPPORTUNITY; FACILITATES PRE-COMPETITIVE INDUSTRY INTERACTIONS THROUGH THE DUCHENNE DRUG DEVELOPMENT ROUNDTABLE TO ENHANCE AND HARMONIZE THE CLINICAL TRIAL LANDSCAPE; AND SUPPORTS MULTI-STAKEHOLDER DATA MODELING CONSORTIA TO ACCELERATE DRUG DEVELOPMENT TIMELINES. IN ADDITION TO SIGNIFICANT PRE-CLINICAL AND ACADEMIC RESEARCH FUNDING, THROUGH THE VENTURE PATHWAYS PROGRAM, PPMD MAKES INVESTMENTS IN EARLY-STAGE BIOPHARMACEUTICAL COMPANIES TO CATALYZE DEVELOPMENT OF NOVEL THERAPIES TO TREAT DUCHENNE AND BECKER. THE DUCHENNE REGISTRYTHE DUCHENNE REGISTRY IS A PATIENT-REPORTED REGISTRY FOR INDIVIDUALS WITH DUCHENNE AND BECKER MUSCULAR DYSTROPHY AND CARRIER FEMALES, ESTABLISHED BY PPMD IN 2007, THE REGISTRY WAS CREATED TO BRIDGE THE INFORMATION GAP BETWEEN CLINICIANS, RESEARCHERS, AND THE PATIENT COMMUNITY, THEREBY ADDRESSING MEDICAL CARE NEEDS AND ACCELERATING THE PACE OF THERAPEUTIC ADVANCEMENTS. OVER 5,000 FAMILIES ACROSS THE GLOBE HAVE EMBRACED THEIR ROLE AS CITIZEN SCIENTISTS AND HAVE CONTRIBUTED TO THE LARGEST PATIENT-REPORTED DATA SET FOR DUCHENNE.SINCE ITS LAUNCH, DATA HAS BEEN REFERENCED IN THIRTEEN PUBLICATIONS AND EXPORTED BY RESEARCHERS 65 TIMES. THE REGISTRY HAS ALSO BEEN USED TO IDENTIFY AND CONNECT PEOPLE WITH DUCHENNE TO OVER 80 ACTIVELY RECRUITING TRIALS. THE DUCHENNE OUTCOMES RESEARCH INTERCHANGE (THE INTERCHANGE): THE INTERCHANGE COLLECTS PATIENT DATA AND CLINICIAN ENTERED DATA SO BOTH SETS ARE SO BOTH AGGREGATED AND ANALYZED IN ONE PLACE AND KEY INDUSTRY STAKEHOLDERS CAN GET A FULL PICTURE OF HOW DIFFERENT PEOPLE LIVE WITH DUCHENNE. THE ELECTRONIC HEALTH RECORD (EHR) STUDY: THE EHR STUDY EXTRACTS DATA FROM SEVERAL OF PPMD'S CERTIFIED DUCHENNE CARE CENTERS ACROSS THE COUNTRY TO IMPROVE CARE AND ANSWER RESEARCH QUESTIONS IN A WAY THAT DOES NOT REQUIRE EXTRA EFFORT FROM PATIENTS OR THEIR DOCTOR.THE REGISTRY IS ALSO HOME TO PPMD'S ELECTRONIC HEALTH RECORD (EHR) EXTRACTION STUDY WHICH RECEIVES CORE CLINICAL DATA ELEMENTS FROM SOME CARE CENTERS. CAREPPMD'S CARE PROGRAM STRIVES TO ENSURE THAT PEOPLE LIVING WITH DUCHENNE ARE LIVING LONGER, STRONGER LIVES, BY HELPING PROVIDE ACCESS TO EXPERT HEALTHCARE PROVIDERS, A COMPREHENSIVE TEAM OF SUB-SPECIALISTS, AND APPROVED TREATMENTS. PPMD IDENTIFIES GAPS IN CARE FOR PEOPLE WITH DUCHENNE THROUGHOUT THE LIFESPAN AND COLLABORATES WITH HEALTH CARE PROFESSIONALS ACROSS THE GLOBE TO IMPROVE HEALTH OUTCOMES FOR ALL DUCHENNE PATIENTS. PPMD'S CERTIFIED DUCHENNE CARE CENTER PROGRAM (CDCC) HELPS TO ENSURE THAT CENTERS COMPLY WITH THE STANDARDS OF CARE AND SERVICES THAT HAVE BEEN ESTABLISHED IN THE DUCHENNE CARE GUIDELINES. ALL CERTIFIED DUCHENNE CARE CENTERS HAVE MET THE REQUIREMENTS FOR, AND AGREE TO PROVIDE, STANDARDIZED CARE AND SERVICES.

    Expenses $7,116,727 · Grants $2,560,127 · Revenue $1,262,521

  • EDUCATIONPPMD'S EDUCATION INITIATIVES INCREASE AWARENESS AND UNDERSTANDING OF THE DISEASE PROGRESSION AND THE COMPONENTS OF MULTIDISCIPLINARY COMPREHENSIVE CARE NECESSARY TO OPTIMIZE QUALITY AND QUANTITY OF LIFE THROUGHOUT THE LIFESPAN. PPMD PARTNERS WITH EXPERTS IN DUCHENNE TO DEVELOP UP-TO-DATE INFORMATIONAL RESOURCES REGARDING TREATMENT AND CARE THAT WE THEN SHARE BROADLY. PPMD COLLABORATES WITH NATIONAL AND INTERNATIONAL ORGANIZATIONS TO DEVELOP AND DISSEMINATE EDUCATIONAL RESOURCES APPROPRIATE FOR THE GLOBAL DUCHENNE COMMUNITY.ENGAGEMENT PPMD BRINGS PEOPLE TOGETHER FOR SUPPORT AND LEARNING OPPORTUNITIES AT ALL TIMES. PPMD HOSTS THE LARGEST GLOBAL DUCHENNE CONFERENCE EVERY SUMMER, BRINGING TOGETHER PATIENTS, FAMILIES, CLINICIANS, RESEARCHERS, AND INDUSTRY PARTNERS FROM ACROSS THE GLOBE TO SHARE THE LATEST NEWS AND UPDATES. PPMD ALSO CONVENES MEMBERS OF THE DUCHENNE COMMUNITY THROUGH DIFFERENT GROUP GATHERINGS - VIRTUALLY AND IN PERSON AT VARIOUS POINTS THROUGHOUT THE YEAR. CURRENT GROUPS INCLUDE DUCHENNE CARRIERS, DUCHENNE SIBLINGS, DUCHENNE DADS, DUCHENNE GRANDPARENTS AND NEWLY DIAGNOSED GROUPS. PPMD ALSO OFFERS 1:1 CONNECTION BASED ON SPECIFIC NEEDS THROUGH PPMD TOGETHER - VIRTUAL RESOURCE MEETINGS.

    Expenses $1,933,388

  • ADVOCACYPPMD'S ADVOCACY EFFORTS ARE FOCUSED ON ADVANCING CARE AND TREATMENTS FOR DUCHENNE BY LEVERAGING FEDERAL RESOURCES, BUILDING PARTNERSHIPS, AND ADVANCING REGULATORY PROCEDURES AND INFRASTRUCTURE. WE EMPOWER ADVOCATES WITH THE TOOLS AND INFORMATION TO ENGAGE WITH CONGRESSIONAL REPRESENTATIVES TO FOSTER DUCHENNE CHAMPIONS WITHIN CONGRESS AND TO SUPPORT LEGISLATION AND REGULATORY POLICIES, ENSURING THAT DUCHENNE PRIORITIES ARE REFLECTED ACROSS ALL GOVERNMENT AGENCIES.PPMD ALSO LEADS EFFORTS FOR FEDERAL AND LOCAL LEGISLATION TO SUPPORT NEWBORN SCREENING FOR DUCHENNE.

    Expenses $1,137,597

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gretchen Egner

    BOARD CHAIRMAN

    Total calculated
    $0
    Hours/week
    8
  • Alpa Khushalani

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    8
  • Dawn Rezkalla

    TREASURER

    Total calculated
    $0
    Hours/week
    6
  • Deanne Friar

    SECRETARY

    Total calculated
    $0
    Hours/week
    6
  • David N Hofstein

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    6
  • John Killian

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    6
  • Rasha Alnaibari

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sue Apkon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jeffrey Bigelow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Timothy Cripe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Anessa Fehsenfeld

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Michelle Furlong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Lance Hester

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Richard Klein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Colin Rensch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Beth White

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Patricia A Furlong

    PRESIDENT AND CEO

    Total calculated
    $386,779
    From this org
    $371,400
    From related orgs
    $0
    Other
    $15,379
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,000
    Bonus
    $26,400
    Other
    $0
    Deferred
    $14,664
    Nontaxable benefits
    $715
    Filer's total
    $386,779
  • Kaylan Moitoso

    CHIEF BUSINESS OFFICER

    Total calculated
    $266,698
    From this org
    $256,267
    From related orgs
    $0
    Other
    $10,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,667
    Bonus
    $19,600
    Other
    $0
    Deferred
    $10,302
    Nontaxable benefits
    $129
    Filer's total
    $266,698
  • Ann Martin

    VICE PRESIDENT, COMMUNITY RESEARCH & GENETIC SERVI

    Total calculated
    $195,440
    From this org
    $172,800
    From related orgs
    $0
    Other
    $22,640
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,000
    Bonus
    $12,800
    Other
    $0
    Deferred
    $8,686
    Nontaxable benefits
    $13,954
    Filer's total
    $195,440
  • Eric Camino

    VICE PRESIDENT, RESEARCH AND CLINICAL INNOVATION

    Total calculated
    $182,118
    From this org
    $159,938
    From related orgs
    $0
    Other
    $22,180
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,000
    Bonus
    $11,840
    Other
    $98
    Deferred
    $8,028
    Nontaxable benefits
    $14,152
    Filer's total
    $182,118
  • Nicole Herring

    VICE PRESIDENT, DEVELOPMENT & COMMUNITY ENGAGEMENT

    Total calculated
    $192,556
    From this org
    $157,850
    From related orgs
    $0
    Other
    $34,706
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,000
    Bonus
    $11,680
    Other
    $170
    Deferred
    $7,921
    Nontaxable benefits
    $26,785
    Filer's total
    $192,556

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
17 July 2024
IRS schema version
2023v5.1
Source object
202412069349300631

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