Totals
- Total revenue
- $397,502
- Total expenses
- $279,607
- Contributions and grants received
- $397,502
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $120,320
- Total liabilities, end of year
- $8,236
- Net assets or fund balances, end of year
- $112,084
- Program services expenses (Part IX)
- $133,175
- Management and general expenses
- $95,989
- Fundraising expenses
- $50,443
- Program service expenses (Part III)
- $133,175
Program services were 47.6% 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
$397,502
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $170,204 · program services $102,122 · management and general $34,041 · fundraising $34,041
-
9 · Other employee benefits
total $11,867 · program services $6,459 · management and general $3,255 · fundraising $2,153
-
10 · Payroll taxes
total $16,361 · program services $9,817 · management and general $3,272 · fundraising $3,272
-
11b · Fees: legal
total $18,978 · management and general $18,978
-
11c · Fees: accounting
total $24,014 · management and general $24,014
-
12 · Advertising and promotion
total $10,977 · fundraising $10,977
-
13 · Office expenses
total $11,641 · management and general $11,641
-
17 · Travel
total $14,777 · program services $14,777
-
23 · Insurance
total $788 · management and general $788
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $26,463 · end of year $120,320
-
17 · Accounts payable and accrued expenses
beginning of year $32,274 · end of year $8,236
-
27 · Net assets without donor restrictions
beginning of year -$5,811 · end of year $112,084
Mission and programs · 2023
Mission
OUR MISSION IS TO MAKE INDIVIDUALIZED MEDICINES ROUTINELY AND RAPIDLY ACCESSIBLE TO RARE DISEASE PATIENTS WORLDWIDE.
-
TO ESTABLISH STANDARDS AND ENSURE CONSISTENCY ACROSS DIVERSE INDIVIDUALIZED TREATMENT PROGRAMS WORLDWIDE. SPECIFIC EXAMPLE ACCOMPLISHMENT: BEST PRACTICES HAVE BEEN DISSEMINATED THROUGH COLLABORATIVE EFFORTS, INCLUDING WORKGROUPS, SEMINARS, PEER-REVIEWED PUBLICATIONS, AND IN-PERSON MEETINGS. THIS EXCHANGE OF KNOWLEDGE HAS DIRECTLY BENEFITTED OUR COMMUNITY OF 500 MEMBERS, COMPRISING ACADEMIC RESEARCHERS, CLINICIANS, PATIENTS, AND INDUSTRY STAKEHOLDERS. ADDITIONALLY, NON-MEMBERS SEEKING EDUCATIONAL RESOURCES FOR INDIVIDUALIZED MEDICINES CAN FREELY ACCESS THE INFORMATION.
Expenses $59,929
-
TO AGGREGATE AND DISSEMINATE PRECLINICAL AND CLINICAL DATA TO ENHANCE THE SAFETY AND EFFICACY OF INDIVIDUALIZED TREATMENTS AND SUPPORT REGULATORY DECISION-MAKING. SPECIFIC EXAMPLE: INITIATED PILOT PROJECTS TO ESTABLISH PRECLINICAL AND CLINICAL DATABASES, AIMING TO IDENTIFY THE MINIMUM VIABLE STRUCTURE REQUIRED FOR SUCH DATABASES. THIS ENDEAVOR ALLOWED US TO GAIN INSIGHTS INTO THE TECHNICAL, REGULATORY AND LEGAL FRAMEWORKS ESSENTIAL FOR SUPPORTING THESE DATABASES. APPROXIMATELY THIRTY PEOPLE DIRECTLY BENEFITED FROM THE PILOT PROJECTS, WITH A SIGNIFICANT NUMBER OF INDIRECT BENEFICIARIES ANTICIPATED ONCE THE PILOT IS EXPANDED TO THE PUBLIC.
Expenses $59,929
-
TO FACILITATE CONNECTIONS AND COLLABORATION AMONG STAKEHOLDERS INVOLVED IN THE DEVELOPMENT OF INDIVIDUALIZED MEDICINES VIA A COLLABORATIVE PLATFORM WHERE STAKEHOLDERS OFFERING GOODS, SERVICES, REFERRALS, AND SUPPORT CAN CONNECT WITH THOSE SEEKING THEM, THEREBY FOSTERING IMPROVED COMMUNICATION AND ADVANCEMENT WITHIN THE FIELD. SPECIFIC EXAMPLE ACCOMPLISHMENT: VALIDATED THE NECESSITY FOR THE DESCRIBED PLATFORM, INITIATED THE FORMULATION OF PROJECT SCOPES, ENGAGED IN DISCUSSIONS WITH KEY STAKEHOLDERS, AND BEGAN DEVELOPING INITIAL RESOURCES. APPROXIMATELY 20 PEOPLE DIRECTLY BENEFITED FROM INITIAL SCOPING ACTIVITIES, WITH A SIGNIFICANT NUMBER OF DIRECT AND INDIRECT BENEFICIARIES ANTICIPATED AS THE PROJECT DEVELOPS FURTHER.
Expenses $13,317
As filed on the 2023 return.
Listed in Part VII
-
Winston YanWINSTON YAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Julia VitarelloJULIA VITARELLO
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Tim YuTIM YU
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Annemieke Aartsma-RusANNEMIEKE AARTSMA-RUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Holm GraessnerHOLM GRAESSNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicole BoiceNICOLE BOICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Keith FlanaganKEITH FLANAGAN
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 19 July 2024
- IRS schema version
- 2023v5.0
- Source object
- 202412399349301321
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