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Nonprofiteer
← THE POETIC FOUNDATION INC

Form 990 for tax year 2023

Filed by THE POETIC FOUNDATION INC.

Totals

Total revenue
$202,344
Total expenses
$148,291
Contributions and grants received
$202,334
Grants paid
$140,000
Program service revenue
$0
Investment income
$10
Other revenue
$0
Total assets, end of year
$121,365
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$121,365
Program services expenses (Part IX)
$140,051
Management and general expenses
$8,240
Fundraising expenses
$0
Program service expenses (Part III)
$140,051

Program services were 94.4% 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.

  • 1f · All other contributions, gifts and grants

    $202,334

  • 3 · Investment income

    total $10 · related or exempt $10

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $140,000 · program services $140,000

  • 11c · Fees: accounting

    total $6,938 · management and general $6,938

  • 24a · Other expenses: INSURANCE

    total $878 · management and general $878

  • 24b · Other expenses: FILING FEES AND REGISTE

    total $274 · management and general $274

  • 24c · Other expenses: BANK FEES

    total $150 · management and general $150

  • 24d · Other expenses: POSTAGE

    total $51 · program services $51

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $67,312 · end of year $121,365

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

The Poetic Foundations' mission is to promote the early clinical development of promising therapies for the treatment of children, adolescents and young adults with cancer and related disorders.

Activities or mission (Part I)

The Poetic Foundation's mission is to promote the early clinical development of promising therapiesfor the treatment of children, adolescents and young adults with cancer and related disorders

  • To provide financial and related necessary support to entities involved in medical research and clinical trials with a particular emphasis on advancing pediatric cancer care and support. Two clinical trials were opened . Eight sites were initiated in 2023, one site was opened and intiated study site activities at 25 additonal centers. Further,four clinical working groups were supported with three study concepts over development in 2023. Additionally completed data lock and preparation of data analysis and develped centralized instrastructure ( regulatory support, FDA submission, electronic data capture, centralized IRB, centralized drug vendor services, establishing in kind donation of drug supply) and monthly prinicipal investigator calls, study safety calls and discussions with pharma companies study concepts

    Expenses $140,051 · Grants $140,000

As filed on the 2023 return.

Listed in Part VII

  • Aru Narendren MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Cynthia Herzog MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Valerie Brown MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Amy Smith MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Luke Maese MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Anne Marie Langevin MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Michael Henry MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Anthony Bisignano Esq

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Andrew Korn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • David Lyden MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Wendy Goldstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • James Rocky High

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Janet Yoon MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Kenneth Desantes MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Tanya Trippett MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Joan P Werner

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Norman James Lacayo MD

    CO-PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Kevin Bielamowicz MD

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

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

  • STANFORD UNIVERSITY

    $140,000

    The purpose of the assistance is to further the taxpayer's tax exempt purpose of promoting early

Provenance

Return type
form_990
Tax year
2023
Filed
14 March 2024
IRS schema version
2023v4.0
Source object
202410749349301956

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