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Nonprofiteer
← MULTIPLE SCLEROSIS FOUNDATION INC

Form 990 for tax year 2023

Filed by MULTIPLE SCLEROSIS FOUNDATION INC.

Totals

Total revenue
$4,835,550
Total expenses
$5,249,943
Contributions and grants received
$4,777,226
Grants paid
$506,011
Program service revenue
$0
Investment income
$58,324
Other revenue
$0
Total assets, end of year
$8,031,675
Total liabilities, end of year
$1,119,325
Net assets or fund balances, end of year
$6,912,350
Program services expenses (Part IX)
$2,846,781
Management and general expenses
$972,318
Fundraising expenses
$1,430,844
Program service expenses (Part III)
$2,846,781

Program services were 54.2% 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

    $4,777,226

  • 3 · Investment income

    total $86,647 · excluded $86,647

  • 7a · Gross sales of assets other than inventory

    securities $1,890,908

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

    securities $1,919,231

  • 7c · Gain or loss

    securities -$28,323

  • 7d · Net gain or loss

    total -$28,323 · excluded -$28,323

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $136,009 · program services $136,009

  • 2 · Grants to domestic individuals

    total $370,002 · program services $370,002

  • 5 · Compensation of officers, directors and key employees

    total $251,900 · program services $50,380 · management and general $125,950 · fundraising $75,570

  • 7 · Other salaries and wages

    total $2,842,116 · program services $1,376,949 · management and general $387,539 · fundraising $1,077,628

  • 11b · Fees: legal

    total $18,999 · management and general $18,999

  • 11c · Fees: accounting

    total $56,831 · management and general $56,831

  • 11g · Fees: other

    total $318,806 · program services $90,035 · management and general $55,328 · fundraising $173,443

  • 12 · Advertising and promotion

    total $2,197 · management and general $116 · fundraising $2,081

  • 13 · Office expenses

    total $31,474 · program services $3,175 · management and general $28,299

  • 16 · Occupancy

    total $420,866 · program services $210,433 · management and general $202,211 · fundraising $8,222

  • 22 · Depreciation, depletion and amortization

    total $15,627 · program services $7,814 · management and general $7,813

  • 23 · Insurance

    total $37,255 · program services $16,207 · management and general $6,332 · fundraising $14,716

  • 24a · Other expenses: PRINTING & POSTAGE

    total $527,297 · program services $449,296 · management and general $10,660 · fundraising $67,341

  • 24b · Other expenses: AWARENESS AND EDUCATION

    total $101,198 · program services $99,599 · fundraising $1,599

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $43,630 · program services $21,815 · management and general $21,815

  • 24d · Other expenses: MISCELLANEOUS

    total $41,806 · program services $15,067 · management and general $16,495 · fundraising $10,244

  • 24e · All other expenses

    total $33,930 · management and general $33,930

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $200 · end of year $200

  • 2 · Savings and temporary cash investments

    beginning of year $2,290,275 · end of year $2,155,879

  • 4 · Accounts receivable

    beginning of year $169,973 · end of year $645,091

  • 9 · Prepaid expenses and deferred charges

    beginning of year $48,266 · end of year $13,314

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

    $1,046,551

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

    $1,025,694

  • 10c · Land, buildings and equipment, net

    beginning of year $36,484 · end of year $20,857

  • 12 · Investments: other securities

    beginning of year $3,402,479 · end of year $3,337,043

  • 15 · Other assets

    beginning of year $2,329,039 · end of year $1,859,291

  • 17 · Accounts payable and accrued expenses

    beginning of year $78,523 · end of year $114,154

  • 25 · Other liabilities

    beginning of year $1,062,240 · end of year $1,005,171

  • 27 · Net assets without donor restrictions

    beginning of year $6,230,924 · end of year $5,322,518

  • 28 · Net assets with donor restrictions

    beginning of year $905,029 · end of year $1,589,832

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

TO PROVIDE PROGRAMS AND SUPPORT SERVICES TO THOSE PERSONS AFFECTED BY MS. (SEE SCHEDULE O FOR MORE)

  • HOME CARE GRANT PROGRAMSEE SCHEDULE O

    Expenses $251,256 · Grants $53,592

  • COOLING EQUIPMENT PROGRAMSEE SCHEDULE O

    Expenses $234,525 · Grants $50,023

  • ASSISTIVE TECHNOLOGY PROGRAMSEE SCHEDULE O

    Expenses $448,279 · Grants $95,617

  • ALL OTHER PROGRAMS

    Expenses $1,912,721 · Grants $306,779

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

Listed in Part VII

  • CHARLES EADER

    PRESIDENT - DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • MARK SHALLOWAY

    VP - DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • JOHN BLACKSTOCK

    SECRETARY - DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • WILLIAM SHEEHAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • ELAINE LAFLAMME

    TREASURER - DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • MELODY RIDLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • COURTNEY COX

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • KAREN MINNIS

    CO-EXECUTIVE DIRECTOR

    Total calculated
    $119,789
    From this org
    $112,184
    From related orgs
    $0
    Other
    $7,605
    Hours/week
    40

  • NATALIE BLAKE

    CO-EXECUTIVE DIRECTOR

    Total calculated
    $119,856
    From this org
    $111,607
    From related orgs
    $0
    Other
    $8,249
    Hours/week
    40

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.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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

Provenance

Return type
form_990
Tax year
2023
Filed
25 September 2024
IRS schema version
2023v5.1
Source object
202442719349300524

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