Civic Intelligence

The Progeria Research Foundation Inc

EIN 04-3460220 • 501(c)3 • Peabody, MA

Profile

Discover treatments & cure for progeria & its aging related disorders, including heart disease.

PO Box 3453Peabody, MA 01961-3453

www.progeriaresearch.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

37th percentile

0.17x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

5th percentile

-62%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

23rd percentile

-1.7%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

64%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$48,028,500

Down $816,185 (-1.7%) from 2023

Liabilities

Up

$627,829

Up $34,310 (+5.8%) from 2023

Net Assets

Down

$47,400,671

Down $850,495 (-1.8%) from 2023

Revenue

Up

$3,650,308

Up $1,418,808 (+64%) from 2023

Expenses

Up

$5,902,368

Up $1,972,403 (+50%) from 2023

Net Income

Down

-$2,252,060

Down $553,595 (-33%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $2,820,342Liabilities 2010: $25,996Net Assets 2010: $2,794,3462010Assets 2011: $3,562,853Liabilities 2011: $108,431Net Assets 2011: $3,454,4222011Assets 2012: $3,735,811Liabilities 2012: $50,247Net Assets 2012: $3,685,5642012Assets 2013: $4,234,880Liabilities 2013: $202,870Net Assets 2013: $4,032,0102013Assets 2014: $5,081,358Liabilities 2014: $433,323Net Assets 2014: $4,648,0352014Assets 2015: $4,308,161Liabilities 2015: $433,949Net Assets 2015: $3,874,2122015Assets 2016: $4,779,872Liabilities 2016: $385,355Net Assets 2016: $4,394,5172016Assets 2017: $4,511,886Liabilities 2017: $332,945Net Assets 2017: $4,178,9412017Assets 2018: $5,025,342Liabilities 2018: $483,203Net Assets 2018: $4,542,1392018Assets 2019: $7,451,058Liabilities 2019: $508,615Net Assets 2019: $6,942,4432019Assets 2020: $6,950,071Liabilities 2020: $418,027Net Assets 2020: $6,532,0442020Assets 2021: $53,690,802Liabilities 2021: $337,042Net Assets 2021: $53,353,7602021Assets 2022: $47,596,733Liabilities 2022: $772,349Net Assets 2022: $46,824,3842022Assets 2023: $48,844,685Liabilities 2023: $593,519Net Assets 2023: $48,251,1662023Assets 2024: $48,028,500Liabilities 2024: $627,829Net Assets 2024: $47,400,6712024

Highlighted filing

2024

Assets$48,028,500
Liabilities$627,829
Net Assets$47,400,671

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MRevenue 2010: $1,703,301Expenses 2010: $1,241,034Net Income 2010: $462,2672010Revenue 2011: $2,028,547Expenses 2011: $1,368,471Net Income 2011: $660,0762011Revenue 2012: $1,806,700Expenses 2012: $1,575,558Net Income 2012: $231,1422012Revenue 2013: $2,718,395Expenses 2013: $2,371,949Net Income 2013: $346,4462013Revenue 2014: $2,741,632Expenses 2014: $2,579,078Net Income 2014: $162,5542014Revenue 2015: $2,015,719Expenses 2015: $2,823,533Net Income 2015: -$807,8142015Revenue 2016: $3,172,499Expenses 2016: $2,652,194Net Income 2016: $520,3052016Revenue 2017: $2,147,287Expenses 2017: $2,362,863Net Income 2017: -$215,5762017Revenue 2018: $2,884,717Expenses 2018: $2,521,519Net Income 2018: $363,1982018Revenue 2019: $5,046,788Expenses 2019: $2,646,484Net Income 2019: $2,400,3042019Revenue 2020: $2,209,540Expenses 2020: $2,619,939Net Income 2020: -$410,3992020Revenue 2021: $49,219,762Expenses 2021: $3,160,686Net Income 2021: $46,059,0762021Revenue 2022: $1,793,850Expenses 2022: $3,126,766Net Income 2022: -$1,332,9162022Revenue 2023: $2,231,500Expenses 2023: $3,929,965Net Income 2023: -$1,698,4652023Revenue 2024: $3,650,308Expenses 2024: $5,902,368Net Income 2024: -$2,252,0602024

Highlighted filing

2024

Revenue$3,650,308
Expenses$5,902,368
Net Income-$2,252,060

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$48.0$0.63$47.4$3.65$5.90$2.25
2023Detailed filing. Detailed filing data is available for this year.$48.8$0.59$48.3$2.23$3.93$1.70
2022Detailed filing. Detailed filing data is available for this year.$47.6$0.77$46.8$1.79$3.13$1.33
2021Detailed filing. Detailed filing data is available for this year.$53.7$0.34$53.4$49.2$3.16$46.1
2020Detailed filing. Detailed filing data is available for this year.$6.95$0.42$6.53$2.21$2.62$0.41
2019Detailed filing. Detailed filing data is available for this year.$7.45$0.51$6.94$5.05$2.65$2.40
2018Detailed filing. Detailed filing data is available for this year.$5.03$0.48$4.54$2.88$2.52$0.36
2017Detailed filing. Detailed filing data is available for this year.$4.51$0.33$4.18$2.15$2.36$0.22
2016Detailed filing. Detailed filing data is available for this year.$4.78$0.39$4.39$3.17$2.65$0.52
2015Summary only. Only limited summary data is available for this year.$4.31$0.43$3.87$2.02$2.82$0.81
2014Summary only. Only limited summary data is available for this year.$5.08$0.43$4.65$2.74$2.58$0.16
2013Summary only. Only limited summary data is available for this year.$4.23$0.20$4.03$2.72$2.37$0.35
2012Summary only. Only limited summary data is available for this year.$3.74$0.05$3.69$1.81$1.58$0.23
2011Summary only. Only limited summary data is available for this year.$3.56$0.11$3.45$2.03$1.37$0.66
2010Summary only. Only limited summary data is available for this year.$2.82$0.03$2.79$1.70$1.24$0.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 5, 2025
Return Version
2024v5.2
Gross Receipts
$10,548,915
Mission and Program Overview

Mission

Discover treatments & cure for progeria & its aging related disorders, including heart disease.

Discover treatments & cure for progeria & its aging-related disorders, including heart disease.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$42,294,933$41,506,592▼ $788,341
Savings and Temporary Cash Investments$5,489,686$5,957,702▲ $468,016
Investments Other Securities$583,148--
Pledges and Grants Receivable$101,787$254,124▲ $152,337
Intangible Assets$56,643$83,731▲ $27,088
Prepaid Expenses and Deferred Charges$77,854$44,104▼ $33,750
Land, Buildings, and Equipment, Net$23,241$17,277▼ $5,964
Total Assets$48,844,685$48,028,500▼ $816,185
Other Assets Total$217,393$164,970▼ $52,423
Liabilities
Accounts Payable and Accrued Expenses$376,766$462,319▲ $85,553
Other Liabilities$216,753$165,510▼ $51,243
Total Liabilities$593,519$627,829▲ $34,310
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,161,166$47,140,671▼ $1,020,495
Net Assets With Donor Restrictions$90,000$260,000▲ $170,000
Total Net Assets Fund Balance$48,251,166$47,400,671▼ $850,495
Total Liabilities and Net Assets / Fund Balance$48,844,685$48,028,500▼ $816,185

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,181$57,101$72,282
Leasehold Improvements$2,096$5,036$7,132
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barbara NatkeChief Business OfficerFT$304,189$4,255$308,444
Audrey GordonPresidentFT$200,000$50,427$250,427
Jason ChristiansenGeneral CounselFT$163,656$10,000$173,656
Michelle FinoDirector of DevelopmentFT$100,253-$100,253

Board Members and Trustees

NameTitle
Kim ParatoreClerk/director
Alan BrogdonDirector
John MarozziDirector
Karen BallackDirector
Larry MillsDirector
Liza MorrisDirector
Mark KieranDirector
Matthew WintersDirector
Sandra BresnickDirector
Scott BernsDirector
Paula KellyTreasurer/director

Highest Paid Contractors

ContractorServicesLocationCompensation
Akin Gump Stauss Hauer & Field LLPProgram Consultant122 SALEM STREET, Andover, MA 01810$184,372
Emd Millipore CorporationLegalDEPARTMENT 7247-6827, Philadelphia, PA 19170$126,080
Boston University - StatisticsBiotech Company25760 NETWORK PLACE, Chicago, IL 60673$122,300
-Statisticians665 COMMONWEALTH AVE 6TH FLOOR, Boston, MA 02215$110,544
Revenue and Support

Revenue Composition

Contributions and Grants
$1,862,392
Program Service Revenue
$0
Investment Income
$1,752,842
Other Revenue
$35,074
All Other Contributions
$1,393,796
Change in Net Assets
$-2,252,060

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$94,051Market Quote
Total Noncash Contributions4$94,051-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,415,531
Revenue Not Reported on Financial Statements
$234,777
Revenue Not Reported on Form 990
$1,401,565
Total Revenue per Audited Statements
$4,817,096
Total Revenue per Form 990
$3,650,308
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,127,887
Salaries, Compensation, and Employee Benefits$1,604,326
Total Fundraising Expense$199,174
Grants and Similar Amounts Paid$170,155
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$527,074$254,129$93,491$874,694
Fees for Services Legal$695,433$21,522-$716,955
Current Officers, Directors, Trustees, and Key Employees$496,264$37,564$25,043$558,871
Fees for Service Investment Mgmnt Fees-$234,777-$234,777
Foreign Grants$170,155--$170,155
All Other Expenses$108,068$24,088-$132,156
Office Expenses$46,499$41,785$38,396$126,680
Payroll Taxes$72,122$23,270$8,718$104,110
Other Expenses$78,174--$78,174
Fees for Services Accounting-$63,623-$63,623
Occupancy$11,036$41,871$2,273$55,180
Fees for Services Other$9,005$15,432$22,300$46,737
Information Technology-$42,727-$42,727
Other Employee Benefits$22,762$5,948$8,180$36,890
Pension Plan Contributions-$29,761-$29,761
Depreciation Depletion$9,282$11,654-$20,936
Travel$12,362$6,586$773$19,721
Insurance-$10,477-$10,477
Fees for Services Management$2,000--$2,000
Total Functional Expenses$4,837,980$865,214$199,174$5,902,368

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,902,368
Expenses per Audited Statements$5,667,591
Total Expenses per Audited Statements$5,667,591
Expenses Not Reported on Financial Statements$234,777
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$170,155

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrant Making-00$170,155
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$210,444
Fundraising Direct Expenses$175,370
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Now Gala$514,117$184,650$153,875$30,775
Road Race$41,920$16,794$13,995$2,799
Total Events$679,040$210,444$175,370$35,074
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Obligations$165,510
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Audrey gordon who is the president is the sister of leslie gordon who is the volunteer medical director. Scott berns, who is a director and husband of leslie gordon (volunteer medical director), the brother-in-law of audrey gordon (president). The president also serves as prf's executive director. Her role as president, as with all corporate prf officers, is a volunteer position; her role as ed is a paid staff position.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the president, executive director and the treasurer.

Form 990, Part VI, Section B, Line 12C

Discussed at annual board meetings.

Form 990, Part VI, Section B, Line 15

The ed's salary for 2024 was determined by the independent voting members after review of the duties performed and data as to comparable compensation for similarly qualified persons. There were no other compensated officers or key employees in 2024.

Form 990, Part VI, Section C, Line 19

All documents are available upon request, financial statements are also available on the organization website.

Filing and Contact Details

Filer

Filer Name
Progeria Research Foundation Inc
EIN
04-3460220
Phone
9785352594
Address
PO BOX 3453, PEABODY, MA 01961-3453

Signing Officer

Name
Audrey Gordon Esq
Title
President, Executive Director
Phone
9785352594
Signed
2025-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Audrey Gordon Esq
Formed
1999
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
10
Employees
19
Volunteers
60

Preparer

Firm
Litmangerson Associates Llp
Address
500 WEST CUMMINGS PARK SUITE 5650, WOBURN, MA 01801
Preparer
Marci J Cohen
Phone
7815694700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D, Other Program Services

Diagnostic testing: prf developed a diagnostic test for progeria in the wake of the 2003 gene discovery so that children, their families and medical caretakers can for the first time be given a definitive scientific diagnosis. This can translate into earlier diagnosis, fewer misdiagnoses and early medical intervention to ensure a better quality of life for the children. Medical & research database: the database is a collection of medical records of progeria patients from all over the world. The data is rigorously analyzed to determine the best course of treatments to improve the patients' quality of life. This information is invaluable for the attending physician to guide the family through the best course of action. Database material was used to create prf's comprehensive healthcare recommendations handbook on progeria aimed at optimizing quality of life. The database was also critical in determining the primary clinical outcome parameter for the progeria clinical drug trials. Prf translation program: in touch with the world. With a prominent global outreach, prf eliminates barriers of communication for patients and their families around the world. This initiative has succeeded in translating prf program and medical care materials into over 38 different languages. The foundation edits and publishes the progeria handbook, a guide for families and health care providers of children with progeria. It is published in english and several other languages to allow its use throughout the world. The foundation maintains an international progeria registry containing centralized information on children and families living with progeria. This assures rapid distribution of any new information that may benefit the children. Prf organizes scientific conferences that bring together scientists and clinicians from all over the world to share their expertise and cutting edge scientific data, and foster collaboration in the fight against progeria and other aging related illnesses. Clinical trials: in 2023, 15 children came to boston to undergo testing and obtain lonafarnib for the prolon 3 (lonafarnib extension) trial, which allows children who are unable to obtain lonafarnib in their home country to receive this life extending treatment through this trial, while also gathering important disease-related data. Of the 15 children three were nave patients. One of the children who came to boston for the prolon 3 trial also participated in a feasibility study, along with two other children. In 2024, the team continues to gather data from the ongoing clinical drug trial. In january 2021, prf reported breakthrough findings in rna therapeutics, wherein this therapy inhibited production of rna coding for the progeria disease-causing protein, progerin. Typically, rna therapeutics are liquids that are injected intravenously (directly into the vein). However, those with progeria would not be able to tolerate intravenous delivery of the required daily dosage. Thus, prf developed a subcutaneous delivery system whereby the liquid can be injected with a small needle under the skin. A 6-month study to determine the feasibility of this delivery approach for those with progeria began in 2023. The team is testing whether administration of a saline solution can comfortably be injected subcutaneously.

FORM 990, PART XII, LINE 2C:

The organization has not changed its oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The organization accounts for the uncertainty in income taxes in accordance with the provisions of fasb asc topic no. 740 income taxes (asc 740), which prescribes a recognition threshold of more likely-than-not, and a measurement attribute for all tax positions taken or expected to be taken on a tax return, in order for those tax positions to be recognized in the financial statements. When necessary, the organization accounts for interest and penalties related to uncertain tax positions as part of its provision for income taxes. The organization does not expect that unrecognized tax benefits arising from tax positions will change significantly within the next 12 months.

Raw XML AppendixShowing 400 of 696 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0DISCOVER TREATMENTS & CURE FOR PROGERIA & ITS AGING RELATED DISORDERS, INCLUDING HEART DISEASE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROGERIA DRUG TRIAL: THE PROGERIA RESEARCH FOUNDATION AND BOSTON CHILDREN'S HOSPITAL CONTINUE THEIR PARTNERSHIP FOR CONDUCTING CLINICAL DRUG TRIALS FOR CHILDREN WITH PROGERIA.THE CLINICAL TRIAL TEAM: A TEAM OF PROFESSIONALS AT BOSTON CHILDREN'S HOSPITAL AND BRIGHAM & WOMEN'S HOSPITAL IS WORKING WITH CHILDREN WITH PROGERIA FROM AROUND THE GLOBE.(SEE SCHEDULE O FOR CONTINUATION) THE PROGERIA 2-DRUG, PHASE I/II TRIALIN 2015, PRF OBTAINED ALL NECESSARY APPROVALS FOR ITS THIRD TYPE OF CLINICAL TRIAL, WHICH WILL ASSESS A TWO-DRUG COMBINATION OF LONAFARNIB AND EVEROLIMUS. EVEROLIMUS IS A FORM OF THE DRUG RAPAMYCIN, BUT EVEROLIMUS CAN BE MORE EASILY GIVEN TO CHILDREN WITH PROGERIA. EVEROLIMUS TARGETS A DIFFERENT PATHWAY THAN LONAFARNIB, AND THE TRIAL IS DESIGNED TO DETERMINE IF THE COMBINATION PROVIDES A BETTER TREATMENT THAN THE FDA-APPROVED LONAFARNIB ON ITS OWN. THE PROGRESS OF THIS TRIAL IS DETAILED BELOW.IN 2016, PHASE I BEGAN. THE PURPOSE OF A PHASE I TRIAL IS TO DETERMINE THE SAFEST MAXIMUM DOSAGE OF A DRUG. PHASE I WAS COMPLETED IN MID-2017. IN JULY 2017, FOLLOWING THE SUCCESSFUL COMPLETION OF PHASE I, THE CLINICAL TRIAL MOVED ONTO PHASE II. PHASE II OF THE TRIAL TESTS THE EFFECTIVENESS OF THE 2-DRUG COMBINATION. FROM 2016 THROUGH 2020, 60 CHILDREN AND YOUNG ADULTS WITH PROGERIA FROM 26 COUNTRIES SPEAKING 16 LANGUAGES WERE ENROLLED AND TRAVELED TO BOSTON FOR THEIR TRIAL VISITS AT BOSTON CHILDREN'S HOSPITAL, WHERE THEY UNDERWENT A SERIES OF TESTS AND RECEIVED NEW DRUG SUPPLY. IN 2023, THE 20+-MEMBER TRIAL TEAM CONTINUES TO EVALUATE THE 2-DRUG TRIAL DATA TO DETERMINE WHETHER THE 2-DRUG COMBINATION OF EVEROLIMUS PLUS LONAFARNIB IS A MORE EFFECTIVE TREATMENT FOR PROGERIA THAN LONAFARNIB ALONE.IN 2024, THE TEAM CONTINUES TO GATHER DATA FROM THE ONGOING CLINICAL TRIAL, WHILE CHILDREN AND YOUNG ADULTS WHO LACK ACCESS TO LONAFARNIB (THE FDA APPROVED TREATMENT) IN THEIR HOME COUNTRIES CONTINUE TO TRAVEL TO BOSTON FOR EVALUATION AND TO RECEIVE THIS LIFE-EXTENDING TREATMENT.GAIN ON SALE OF PRIORITY REVIEW VOUCHERS: IN JANUARY 2021, PURSUANT TO THE COLLABORATION AND SUPPLY AGREEMENT ENTERED INTO BY THE ORGANIZATION, THE ORGANIZATION AND AN UNRELATED PARTY REACHED AN AGREEMENT WITH A THIRD PARTY FOR THE SALE OF U.S. FOOD AND DRUG ADMINISTRATION PRIORITY REVIEW VOUCHER. THE ORGANIZATION'S SHARE OF THE PROCEEDS WAS $47,442,250. THE ORGANIZATION RECOGNIZED A GAIN RELATED TO THIS SALE DURING THE YEAR ENDED DECEMBER 31, 2021 TOTALING $46,493,405, WHICH REPRESENTS THEIR SHARE OF THE PROCEEDS LESS CERTAIN SELLING COSTS OF $948,845.
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0SUMMARY OF FACTS AND CIRCUMSTANCES WHICH ESTABLISH THAT THE PROGERIA RESEARCH FOUNDATION (PRF) IS IN THE NATURE OF AN ORGANIZATION THAT IS PUBLICLY SUPPORTED.THE MISSION OF THE PROGERIA RESEARCH FOUNDATION (PRF) IS TO FIND TREATMENTS AND THE CURE FOR HUTCHINSON-GILFORD PROGERIA (PROGERIA) SYNDROME, A FATAL, ULTRA-RARE, "RAPID AGING" DISEASE THAT AFFLICTS CHILDREN WHO, WITHOUT TREATMENT, DIE AT AN AVERAGE AGE OF 14 1/2 YEARS.PRF HAS SOLICITED CONTRIBUTIONS FROM THE GENERAL PUBLIC FROM ITS INCEPTION IN 1999. PRF HAS REPORTED THE FOLLOWING PERCENTAGES OF PUBLIC SUPPORT FOR THE PAST 10 YEARS:2024 = 15.37%2023 = 18.01%2022 = 19.66%2021 = 19.71%2020 = 74.45%2019 = 75.54%2018 = 86.54%2017 = 94.36%2016 = 94.36%2015 = 90.84%AS ILLUSTRATED ABOVE, PRIOR TO RECEIVING THE EXTRAORDINARY FUNDING IN 2021, PRF'S PERCENTAGE OF PUBLIC SUPPORT SIGNIFICANTLY EXCEEDED 33 1/3%. PRF CONTINUES ALL FUNDRAISING EFFORTS AND EXPECTS TO RETURN TO THE 33 1/3% OF PUBLIC SUPPORT IN THE COMING YEARS.NUMBER OF DONORS FOR THE PAST 10 YEARS:2024 = 2,2602023 = 2,1712022 = 2,4322021 = 2,4412020 = 2,7862019 = 3,2452018 = 3,6702017 = 3,8592016 = 4,1462015 = 4,097WITH A PROGRAM RATIO THAT IS APPROXIMATELY 80% EACH YEAR, PRF EXPENDS SUBSTANTIALLY ALL OF ITS ANNUAL INCOME FOR ITS EXEMPT PURPOSE AND DEPENDS ON THE FUNDS IT SOLICITS ANNUALLY FROM THE PUBLIC AS WELL AS ITS INVESTMENT INCOME TO SUPPORT THEIR PROGRAMS ON AN ONGOING BASIS. FOR ITS ENTIRE EXISTENCE PRF HAS BEEN RELENTLESSLY FOCUSED ON FINDING TREATMENTS AND THE CURE FOR PROGERIA.IN NOVEMBER 2020, FEDERAL FOOD AND DRUG ADMINISTRATION (FDA) APPROVAL WAS GRANTED FOR LONAFARNIB (ALSO KNOWN AS ZOKINVY) FOR THE TREATMENT OF PROGERIA. THE PRF-FUNDED CLINICAL DRUG TRIAL INVOLVING LONAFARNIB PROVIDED SIGNIFICANT DATA AND ANALYSIS FOR THE NEW DRUG APPLICATION (NDA) THAT LED TO APPROVAL. AS A DIRECT RESULT OF THIS APPROVAL, AND IN ACCORDANCE WITH THE FEDERAL FOOD, DRUG, AND COSMETIC ACT (FD&C ACT), THE FDA AWARDED A PRIORITY REVIEW VOUCHER (PRV) TO THE SPONSOR OF THIS RARE PEDIATRIC DISEASE PRODUCT NDA. IN 2021, PURSUANT TO A COLLABORATION AGREEMENT WITH THE SPONSOR, PRF RECEIVED PROCEEDS ON THE SALE OF THE PRV IN THE AMOUNT OF $46,493,405. IT IS THE INTENTION OF PRF TO USE THIS EXTRAORDINARY FUNDING TO SUPPORT THE NEXT GENERATION OF RESEARCH AND FUTURE DRUG TRIALS THAT WILL LEAD TO MORE ADVANCED TREATMENTS AND, ULTIMATELY, THE CURE FOR PROGERIA.ANNUALLY, PRF SOLICITS CONTRIBUTIONS FROM THE PUBLIC TO SUPPORT ITS ONGOING PROGRAMS AND SERVICES. FUNDRAISING EFFORTS INCLUDE THE FOLLOWING:A. VOLUNTEER-LED EVENTS (SCHOOL FUNDRAISERS, GOLF TOURNAMENTS, MOTORCYCLE RIDES, ETC.)B. AN ANNUAL 5K RUN, 2-MILE WALK RACE IN PEABODY, MA WITH 300 PARTICIPANTSC. THE ANNUAL FALMOUTH ROAD RACE, WITH A TEAM OF APPROXIMATELY 20 RUNNERSD. THE ANNUAL BOSTON MARATHON, WITH A 2 - 10 PESON TEAME. BI-ANNUAL GALA & AUCTION, INCLUDING 350 GUESTSF. MAILING AND SOCIAL MEDIA CAMPAIGNS: MID-YEAR "ONE POSSIBLE AND END OF YEAR "ANNUAL APPEAL", AMONG OTHERS.FUNDS RAISED ARE USED TO SUPPORT THE FOLLOWING PROGRAMS:A. ONGOING CLINICAL DRUG TRIAL AT BOSTON CHILDREN'S HOSPITALB. RESEARCH FOR POTENTIAL FUTURE CLINICAL TRIALSC. THE PRF DIAGNOSTIC TESTING PROGRAMD. THE PRF CELL & TISSUE BANKE. THE PRF MEDICAL & RESEARCH DATABASEF. PRF-ORGANIZED SCIENTIFIC CONFERENCESG. WEBSITE FOR PUBLIC AWARENESS AND COMMUNICATIONH. UPDATING AND DISTRIBUTION OF THE PROGERIA HANDBOOK - A TREATMENT GUIDE FOR FAMILIES AND HEALTH CARE PROVIDERS OF THOSE WITH PROGERIAI. THE PRF INTERNATIONAL PROGERIA REGISTRYJ. PUBLIC AWARENESSK. DEVELOPMENT OF A BIOMARKER TO MEASURE THE DISEASE-CAUSING TOXIC PROTEIN, PROGERIN PRF HAS A ELEVEN-MEMBER BOARD OF DIRECTORS. BOARD MEMBERS' PROFESSIONAL BACKGROUNDS INCLUDE THE LEGAL, ACCOUNTING, PUBLIC RELATIONS, EVENT PLANNING FIELDS AS WELL AS EXECUTIVE LEADERSHIP AND MANAGEMENT OF FOR-PROFIT BUSINESSES. THE BOARD PROVIDES OVERSIGHT OF OPERATIONS AND PROGRAMS TO ENSURE NO ACTIVITIES ARE FOR THE BENEFIT OF PRIVATE INTERESTS.ON AN ANNUAL BASIS, PRF NORMALLY R
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0123025
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05367603
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt046493405
IRS990ScheduleA/OtherIncome170Grp/TotalAmt046493405
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.15370
IRS990ScheduleA/PublicSupportPY170Pct00.18010
IRS990ScheduleA/PublicSupportTotal170Amt09419528

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