Totals
- Total revenue
- $497,451
- Total expenses
- $483,239
- Contributions and grants received
- $497,451
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $412,019
- Total liabilities, end of year
- $392,683
- Net assets or fund balances, end of year
- $19,336
- Program services expenses (Part IX)
- $475,822
- Management and general expenses
- $7,417
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $475,822
Program services were 98.5% 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
$497,451
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $153,757 · program services $153,757
-
8 · Pension plan contributions
total $13,563 · program services $13,563
-
9 · Other employee benefits
total $22,718 · program services $22,718
-
10 · Payroll taxes
total $16,248 · program services $16,248
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,427 · management and general $3,427
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $74 · program services $70 · management and general $4
-
15 · Royalties
total $0
-
16 · Occupancy
total $45,594 · program services $43,314 · management and general $2,280
-
17 · Travel
total $5,169 · program services $5,169
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,977 · program services $3,778 · management and general $199
-
23 · Insurance
total $0
-
24a · Other expenses: LAB SUPPLIES
total $217,205 · program services $217,205
-
24b · Other expenses: OTHER EXPENSES
total $1,507 · management and general $1,507
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $409,569 · end of year $56,845
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $570
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $102,098 · end of year $344,452
-
10a · Land, buildings and equipment: cost or other basis
$15,796
-
10b · Land, buildings and equipment: accumulated depreciation
$5,644
-
10c · Land, buildings and equipment, net
beginning of year $8,333 · end of year $10,152
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $550
-
19 · Deferred revenue
beginning of year $514,326 · end of year $342,683
-
24 · Unsecured notes and loans payable
end of year $50,000
-
27 · Net assets without donor restrictions
beginning of year $5,124 · end of year $19,336
Mission and programs · 2022
Mission
The mission of Ballad is to support the early development of projects related to the treatment of human disease. These may include pilot studies, innovative high-risk/high-impact projects, or proof of concept studies. Ballad provides investigators, emabarking on early development projects, with necessary laboratory facilities and infrastructure.
-
Ballad scientists have identified a new immune cell type in human blood. Children who are diagnosed with rapidly progressing type 1 diabetes have very few of these cells but children with less severe diabetes have almost normal numbers. More recently Ballad scientists have found that the cells they have discovered have the capacity to actively inhibit inflammation. This is important because diabetes is an inflammatory disease and this might explain why having few of these cells is associated with worse disease. The next step in their research is to understand how to make more of these cells as a way of slowing progression, or reversing this devastating disease.
Expenses $475,822
As filed on the 2022 return.
Listed in Part VII
-
Joanna DaviesJOANNA DAVIES
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Sheila FergusonSHEILA FERGUSON
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Mark Hargreaves
member
- 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
- 2022
- Filed
- 10 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441319349303164
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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