Form 990 for tax year 2023
Filed by RETT SYNDROME RESEARCH TRUST INC.
Totals
- Total revenue
- $8,523,815
- Total expenses
- $12,338,304
- Contributions and grants received
- $8,080,684
- Grants paid
- $9,938,988
- Program service revenue
- $106,950
- Investment income
- $336,181
- Other revenue
- $0
- Total assets, end of year
- $18,457,084
- Total liabilities, end of year
- $11,321,272
- Net assets or fund balances, end of year
- $7,135,812
- Program services expenses (Part IX)
- $11,396,540
- Management and general expenses
- $192,149
- Fundraising expenses
- $749,615
- Program service expenses (Part III)
- $11,396,540
Program services were 92.4% 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.
-
1e · Government grants (contributions)
$178,021
-
1f · All other contributions, gifts and grants
$7,902,663
-
2a · Program service revenue: LICENSING
total $84,450 · related or exempt $84,450
-
2b · Program service revenue: BIOREPOSITORY
total $22,500 · related or exempt $22,500
-
3 · Investment income
total $333,088 · related or exempt $333,088
-
7a · Gross sales of assets other than inventory
securities $351,715
-
7b · Less cost or other basis and sales expenses
securities $348,622
-
7c · Gain or loss
securities $3,093
-
7d · Net gain or loss
total $3,093 · related or exempt $3,093
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $9,938,988 · program services $9,938,988
-
7 · Other salaries and wages
total $1,147,836 · program services $806,159 · management and general $135,466 · fundraising $206,211
-
9 · Other employee benefits
total $59,126 · program services $41,526 · management and general $6,978 · fundraising $10,622
-
10 · Payroll taxes
total $80,841 · program services $56,777 · management and general $9,541 · fundraising $14,523
-
11g · Fees: other
total $174,064 · program services $142,727 · management and general $21,780 · fundraising $9,557
-
13 · Office expenses
total $7,449 · program services $845 · management and general $6,388 · fundraising $216
-
23 · Insurance
total $6,804 · program services $2,268 · management and general $2,268 · fundraising $2,268
-
24a · Other expenses: FUNDRAISING
total $491,819 · fundraising $491,819
-
24b · Other expenses: SCIENTIFIC MEETINGS, TR
total $252,369 · program services $252,369
-
24c · Other expenses: RESEARCH COSTS
total $80,625 · program services $80,625
-
24d · Other expenses: MISCELLANEOUS
total $68,439 · program services $51,633 · management and general $6,623 · fundraising $10,183
-
24e · All other expenses
total $29,944 · program services $22,623 · management and general $3,105 · fundraising $4,216
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,831,961 · end of year $3,121,261
-
2 · Savings and temporary cash investments
end of year $14,145,135
-
3 · Pledges and grants receivable
beginning of year $1,046,131 · end of year $1,189,610
-
11 · Investments: publicly traded securities
beginning of year $4,988 · end of year $1,078
-
17 · Accounts payable and accrued expenses
beginning of year $13,000 · end of year $35,125
-
18 · Grants payable
beginning of year $3,919,779 · end of year $11,286,147
-
27 · Net assets without donor restrictions
beginning of year $10,950,301 · end of year $7,135,812
Mission and programs · 2023
Mission
THE ORGANIZATION'S MISSION IS FOCUSED ON THE DEVELOPMENT OF TREATMENTS AND CURES FOR RETT SYNDROME AND RELATED MECP2 DISORDERS.
-
THE ORGANIZATION PROVIDES FUNDING TO LEADING RESEARCH INSTITUTIONS AND COMPANIES WORKING ON RETT SYNDROME AND RELATED MECP2 DISORDERS.
Expenses $11,144,171 · Grants $9,938,988 · Revenue $106,950
-
THE ORGANIZATION SPONSORS SCIENTIFIC WORKSHOPS THAT BRING THE LEADING RETT RESEARCHERS TOGETHER WITH ELITE SCIENTISTS IN SYNERGISTIC FIELDS TO EXCHANGE DATA AND SET RESEARCH DIRECTION.
Expenses $252,369
-
THE ORGANIZATION PROVIDES FUNDING TO LEADING RESEARCH INSTITUTIONS WORKING ON RETT SYNDROME AND RELATED MECP2 DISORDERS. RESEARCH IS AIMED AT 1) RESTORING LEVELS OF MECP2 PROTEIN, 2) IDENTIFYING OBJECTIVE TOOLS TO MEASURE RETT SYMPTOMS 3) ESTABLISH A CLINICAL TRIAL NETWORK 4) IDENTIFY FUNCTION OF MECP2 PROTEIN.
-
THE ORGANIZATION SPONSORS SCIENTIFIC WORKSHOPS THAT BRING THE LEADING RETT RESEARCHERS TOGETHER WITH ELITE SCIENTISTS IN SYNERGISTIC FIELDS TO EXCHANGE DATA AND SET RESEARCH DIRECTION.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Adrian BirdADRIAN BIRD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Alba TullALBA TULL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Brad ZelingerBRAD ZELINGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Brian WhitmerBRIAN WHITMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Heidi EpsteinHEIDI EPSTEIN
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Ingrid HardingINGRID HARDING
CO-FOUNDER AND TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Lawrence MattisLAWRENCE MATTIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Marc TeslerMARC TESLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Marci ValnerMARCI VALNER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Monica CoenraadsMONICA COENRAADS
CHIEF EXECUTIVE OFFICER
- Total calculated
- $220,000
- From this org
- $220,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $220,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $220,000
-
Rachael StevensonRACHAEL STEVENSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Rachel RothschildRACHEL ROTHSCHILD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Stephanie BohnSTEPHANIE BOHN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Anthony SchoenerANTHONY SCHOENER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Randall CarpenterRANDALL CARPENTER
CHIEF MEDICAL OFFICER
- Total calculated
- $165,000
- From this org
- $165,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 25
Schedule J breakdown matched by us
- Base
- $165,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $165,000
-
Timothy FreemanTIMOTHY FREEMAN
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $220,000
- From this org
- $220,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $220,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $220,000
-
Jana Von HehnJANA VON HEHN
CHIEF SCIENTIFIC OFFICER
- Total calculated
- $203,333
- From this org
- $203,333
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $203,333
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $203,333
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 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
-
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
$3,734,738
RNA EDITING
-
UNIVERSITY OF MASSACHUSETTS MEDICAL SCHOOL
$2,343,091
RETT RESEARCH
-
EMORY UNIVERSITY
$1,254,085
RNA EDITING
-
PROQR
$1,120,000
RETT RESEARCH
-
CALIFORNIA INSTITUTE OF TECHNOLOGIES
$500,000
RETT RESEARCH
-
UNIVERSITY OF CALIFORNIA DAVIS
$390,506
RNA EDITING
-
CORIELL INSTITUTE FOR MEDICAL RESEARCH
$105,826
RETT RESEARCH
-
HARVARD STEM CELL INSTITUTE
$101,887
RETT RESEARCH
-
RETT SYNDROME GLOBAL REGISTRY CO RSRT
$100,000
RETT RESEARCH
-
BOSTON CHILDREN'S HOSPITAL
$69,088
RETT RESEARCH
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 June 2024
- IRS schema version
- 2023v5.1
- Source object
- 202431849349300208
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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