Skip to content
Nonprofiteer
← LYDIAN ACCELERATOR

Form 990 for tax year 2023

Filed by LYDIAN ACCELERATOR.

Totals

Total revenue
$257,301
Total expenses
$201,376
Contributions and grants received
$26,259
Grants paid
$44,400
Program service revenue
$0
Investment income
$231,042
Other revenue
$0
Total assets, end of year
$4,797,421
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,797,421
Program services expenses (Part IX)
$190,455
Management and general expenses
$10,921
Fundraising expenses
$0
Program service expenses (Part III)
$190,455

Program services were 94.6% 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.

  • 1a · Federated campaigns

    $25,444

  • 1f · All other contributions, gifts and grants

    $815

  • 3 · Investment income

    total $231,042 · excluded $231,042

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $44,400 · program services $44,400

  • 11c · Fees: accounting

    total $7,441 · management and general $7,441

  • 11f · Fees: investment management

    total $2,691 · management and general $2,691

  • 13 · Office expenses

    total $97 · management and general $97

  • 14 · Information technology

    total $692 · management and general $692

  • 17 · Travel

    total $5,114 · program services $5,114

  • 24a · Other expenses: Research Services

    total $140,941 · program services $140,941

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $29,490 · end of year $2,228

  • 2 · Savings and temporary cash investments

    beginning of year $4,712,006 · end of year $4,795,193

  • 31 · Retained earnings, endowment or other funds

    beginning of year $4,741,496 · end of year $4,797,421

Mission and programs · 2023

Mission

To invest in scientific and translational research of personalized genetic treatments for children impacted by severe genetic disease.

Activities or mission (Part I)

Our mission is to bring an end to the long tail of genetic disease

  • CONTINUED A DRUG DISCOVERY PROGRAM FOR A NOVEL ALLELE SELECTIVE ANTISENSE OLIGONUCLEOTIDE MOLECULE TO KNOCKDOWN THE MUTANT KCNQ2 CAUSING DEVELOPMENT AND EPILEPTIC ENCEPHALOPATHY.

    Expenses $190,455 · Grants $44,400

As filed on the 2023 return.

Listed in Part VII

  • Rohan Seth

    President

    Total calculated
    $0
    Hours/week
    25

  • Jennifer Seth

    Secretary

    Total calculated
    $0
    Hours/week
    10

  • Cinnamon Chu

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Michael Chu

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Rohan Dang

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

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

Provenance

Return type
form_990
Tax year
2023
Filed
2 April 2024
IRS schema version
2023v5.0
Source object
202410939349301901

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.