Civic Intelligence

Charley'S Fund Inc

990 • Fiscal year 2020 • EIN 20-2014968

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

635 Main Street Suite 3Great Barrington, MA 01230

(413) 528-0400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

40th percentile

0.05x

Higher debt load relative to assets than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.20x

Higher debt load relative to revenue than 59% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

6th percentile

-61%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$238,559

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 20.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

6th percentile

-15%

Faster asset growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-46%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$4,987,686

Down $854,617 (-15%) from 2019

Net Assets

Down

$4,750,433

Down $719,578 (-13%) from 2019

Liabilities

Down

$237,253

Down $135,039 (-36%) from 2019

Revenue

Down

$1,182,641

Down $1,014,474 (-46%) from 2019

Expenses

Down

$1,902,221

Down $374,218 (-16%) from 2019

Net Income

Down

-$719,580

Down $640,256 (-807%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $3,231,789Liabilities 2010: $957,471Net Assets 2010: $2,274,3182010Assets 2011: $3,783,996Liabilities 2011: $645,646Net Assets 2011: $3,138,3502011Assets 2012: $4,618,668Liabilities 2012: $596,156Net Assets 2012: $4,022,5122012Assets 2013: $9,253,046Liabilities 2013: $848,211Net Assets 2013: $8,404,8352013Assets 2014: $7,174,159Liabilities 2014: $114,723Net Assets 2014: $7,059,4362014Assets 2015: $5,328,300Liabilities 2015: $75,537Net Assets 2015: $5,252,7632015Assets 2016: $5,332,454Liabilities 2016: $69,936Net Assets 2016: $5,262,5182016Assets 2017: $5,479,080Liabilities 2017: $436,974Net Assets 2017: $5,042,1062017Assets 2018: $5,773,778Liabilities 2018: $224,443Net Assets 2018: $5,549,3352018Assets 2019: $5,842,303Liabilities 2019: $372,292Net Assets 2019: $5,470,0112019Assets 2020: $4,987,686Liabilities 2020: $237,253Net Assets 2020: $4,750,4332020Assets 2021: $5,463,767Liabilities 2021: $743,575Net Assets 2021: $4,720,1922021Assets 2022: $4,104,795Liabilities 2022: $179,002Net Assets 2022: $3,925,7932022Assets 2023: $1,028,035Liabilities 2023: $105,653Net Assets 2023: $922,3822023Assets 2024: $1,076,613Liabilities 2024: $12,105Net Assets 2024: $1,064,5082024

Highlighted filing

2020

Assets$4,987,686
Liabilities$237,253
Net Assets$4,750,433

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $1,449,322Expenses 2010: $1,181,341Net Income 2010: $267,9812010Expenses 2011: $636,7512011Revenue 2012: $1,716,740Expenses 2012: $357,000Net Income 2012: $1,359,7402012Revenue 2013: $5,128,500Expenses 2013: $762,375Net Income 2013: $4,366,1252013Revenue 2014: $1,589,136Expenses 2014: $2,918,337Net Income 2014: -$1,329,2012014Revenue 2015: $552,106Expenses 2015: $2,358,779Net Income 2015: -$1,806,6732015Revenue 2016: $4,175,464Expenses 2016: $4,165,709Net Income 2016: $9,7552016Revenue 2017: $1,421,079Expenses 2017: $1,641,491Net Income 2017: -$220,4122017Revenue 2018: $2,768,744Expenses 2018: $2,261,515Net Income 2018: $507,2292018Revenue 2019: $2,197,115Expenses 2019: $2,276,439Net Income 2019: -$79,3242019Revenue 2020: $1,182,641Expenses 2020: $1,902,221Net Income 2020: -$719,5802020Revenue 2021: $1,781,625Expenses 2021: $1,811,866Net Income 2021: -$30,2412021Revenue 2022: $652,985Expenses 2022: $1,447,384Net Income 2022: -$794,3992022Revenue 2023: $684,167Expenses 2023: $724,013Net Income 2023: -$39,8462023Revenue 2024: $628,496Expenses 2024: $491,964Net Income 2024: $136,5322024

Highlighted filing

2020

Revenue$1,182,641
Expenses$1,902,221
Net Income-$719,580
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$1,377,143
Mission and Program Overview

Mission

Charley's fund's singular mission is to support the development of treatments and a cure for duchenne muscular dystrophy (dmd). We identify and direct funding to the most compelling research and treatment programs related to dmd and, (cont. On sch. O.)

To accelerate the development of life-saving treatments for duchenne muscular dystrophy "dmd"

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,202,334$3,202,423▲ $89
Pledges and Grants Receivable$1,688,342$1,087,700▼ $600,642
Savings and Temporary Cash Investments$923,480$678,422▼ $245,058
Inventories for Sale or Use$11,137$10,449▼ $688
Prepaid Expenses and Deferred Charges$4,455$5,917▲ $1,462
Cash and Non-Interest-Bearing Accounts$7,772$1,470▼ $6,302
Land, Buildings, and Equipment, Net$1,333$1,305▼ $28
Total Assets$5,842,303$4,987,686▼ $854,617
Other Assets Total$3,450$0▼ $3,450
Liabilities
Grants Payable$344,608$224,970▼ $119,638
Accounts Payable and Accrued Expenses$27,684$12,283▼ $15,401
Total Liabilities$372,292$237,253▼ $135,039
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,052,119$3,651,675▼ $400,444
Net Assets With Donor Restrictions$1,417,892$1,098,758▼ $319,134
Total Net Assets Fund Balance$5,470,011$4,750,433▼ $719,578
Total Liabilities and Net Assets / Fund Balance$5,842,303$4,987,686▼ $854,617

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,305$10,773$12,078
Investment Program Related Org$3,000,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,417,892--$319,134$1,098,758
2019$1,250,000$979,558-$811,666$1,417,892
2018$94,621$1,825,000-$669,621$1,250,000
2017$35,000$205,000-$145,379$94,621
2016$64,707$40,000-$69,707$35,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura Dalle PazzePresident & COOFT$215,294$23,265$238,559
Tracy Kramer SecklerCo-founder & CEOFT$29,835-$29,835

Board Members and Trustees

NameTitle
Benjamin Seckler MdBoard Chairman
Ellen WilnerBoard Member
Kathe Kramer ChaseBoard Member
Mark AvaglianoBoard Member
Randy ReiffBoard Member
Karen ClimoClerk
Earl KramerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,178,574
Program Service Revenue
$0
Investment Income
$2,751
Other Revenue
$1,316
All Other Contributions
$1,108,798
Change in Net Assets
$-719,580

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 Traded8$193,813Fair Market Value (FMV)
Total Noncash Contributions8$193,813-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,328,648
Salaries, Compensation, and Employee Benefits$468,424
Total Fundraising Expense$244,312
Other Expenses$105,149
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,328,648--$1,328,648
Current Officers, Directors, Trustees, and Key Employees$108,619$45,164$114,611$268,394
Other Salaries and Wages$63,030$25,628$64,842$153,500
Payroll Taxes$9,058$5,512$11,520$26,090
Fees for Services Accounting$86$22,220-$22,306
Other Employee Benefits$3,611$4,477$12,352$20,440
Office Expenses$1,794$1,976$16,478$20,248
Other Expenses$15,125$2,436$14,411$15,125
Occupancy$4,669$2,637$6,153$13,459
Insurance$2,236$2,235$2,235$6,706
Fees for Services Other$742-$1,618$2,360
Travel$1,813-$65$1,878
Fees for Services Legal$557$715$27$1,299
Depreciation Depletion-$622-$622
Conferences and Meetings$550--$550
Fees for Service Investment Mgmnt Fees-$397-$397
Total Functional Expenses$1,543,890$114,019$244,312$1,902,221
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Umass Memorial FoundationShrewsbury, MA501(c)(3)Research Grant$1,200,000
Casimir LLCPlymouth, MA-Research Grant$128,648
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Benjamin seckler, md (board chairman), is husband to tracy kramer seckler (board member). Earl kramer (treasurer), is father to tracy kramer seckler (board member) and kathe kramer chase (board member). Kathe kramer chase (board member), and tracy kramer seckler (board members), are sisters.

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

No review was or will be conducted.

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

Officers, directors and key employees must review the policy annually and sign a declaration that they have complied with the policy.

Form 990, Part VI, Section B, Line 15

Compensation of top management and officers of the organization is developed in consideration of performance and review of relevant competitive benchmarks and submitted to finance board members for approval.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
CHARLEY'S FUND INC
EIN
20-2014968
Phone
4135280400
Address
635 MAIN STREET SUITE 3, GREAT BARRINGTON, MA 01230

Signing Officer

Name
Tracy Kramer Seckler
Title
Co-founder/CEO
Phone
4135280400
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Kramer Seckler
Formed
2004
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
4
Employees
4
Volunteers
8

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA, NEW YORK, NY 10004
Preparer
James J Reilly
Phone
2126617777
Supplemental Narrative

Additional Explanations

Part III - Line 1

Importantly, amplify the impact of that funding with strategic problem-solving support to both awardees and the broader dmd research community. To beat dmd, it's not enough to find the best research; we also must proactively identify and knock down hurdles that stand in the way of efficient drug development. Since inception, we have directed more than $46m in funding to these efforts, leveraging both our own funding as well as funding from other dmd patient organizations to identify and support the best science in pursuit of treatments and a cure for dmd. In 2020, we dedicated a total of $1,543,889 to our programmatic efforts. Of this, $1,328,648 was dedicated to grants and allocations, and $215,241 was dedicated to other programmatic expenses.

Part III - Line 4A

We continued our support of the duchenne program at umass medical school, which we created in 2018. The program is powered by a unique collaboration among the medical, research, and patient communities. Founding clinic director dr. Brenda wong, host institution umass medical center and medical school, and charley's fund work jointly to ensure that the duchenne program - the largest dedicated duchenne clinic in the northeast us - delivers world-class results on three key goals: 1) deliver comprehensive, integrated care to patients; 2) host cutting-edge clinical trials; and 3) drive original research and discoveries to power the next wave of breakthroughs. The duchenne program, now in its third year, has nearly 400 patients in its direct care and continues to benefit patients worldwide even if they do not enter its doors in person through sponsored clinical trials, original research, and sharing best practices in research and care with the broader community.

Part III - Line 4B

Through our impact initiative, we work with partners in the field to develop their scientific programs and to identify research roadblocks and potential solutions. The impact initiative speeds and improves all research - not just one particular therapy - by identifying and then solving systemic problems that make drug development slower, more difficult and more costly. Currently, the impact initiative focuses on three areas: 1) improving outcome measures, 2) improving preclinical methods and decision-making, and 3) improving the design, execution and analysis of clinical trials for dmd. We developed the impact initiative because rigorous science - undertaken with urgency and focus - is the only way we get to the outcomes we and all duchenne families want: drugs that work, and work well. Solving these field-wide problems and improving our tools and resources is an absolute must to get results. Outcome measures one aspect of the drug development process that concerns us is the lack of reliable outcome measures that can determine the efficacy of an intervention over a reasonably short period of time. In 2020 casimir, llc continued its work to address this important need by developing a series of outcome measures designed to quantify patient quality of movement using videos of boys with dmd performing daily tasks. With our support, casmir has pursued activities to develop and refine their scoring system, and gather key baseline data needed to determine its reliability and concept validity. Also in 2020, we continued our support for electrical impedance myography (eim), collaborating with eim founder dr. Seward rutkove to assess its suitability as an outcome measure for dmd. Eim utilizes a small, hand-held device to run a high-frequency current through a muscle. It is painless, relatively inexpensive, takes seconds to perform and can be used on patients of any age. With our support, dr. Rutkove has completed critical studies to confirm eim's reliability, consistency and ability to differentiate healthy muscle from diseased muscle. In 2020, we did not provide funding to support this work but did dedicate staff time and guidance as we worked with dr. Rutkove to help other parties including labs we collaborate with in another one of our programs adopt the application of eim. We supported their efforts to recruit participants for ongoing data collection. Preclinical methods one major reason we have trouble translating promising research results into actual therapies is the shortcomings of how preclinical methods and models are used by dmd researchers. Our "of mice and measures" program (omam) is a collaborative, ongoing effort that brings together experts from academia and industry to improve the decision-making process for which drugs should advance to clinical testing. To better characterize key dmd models we are funding a natural history study at leiden university medical center in the netherlands and universita degli studi di bari in italy. The study is designed to gather data and experience that can help develop better guidance on when and how to design preclinical research with these models, as well as to unearth discrepancies in the processes different labs undertake and then publicize the best methodology to enable reliable, consistent results. Clinical trials the collaborative trajectory analysis project (ctap) is a collaborative effort among key stakeholders in the industry, academic, and patient communities to improve the way we design, execute, and analyze clinical trials in duchenne. It makes use of a growing body of dmd natural history and clinical trial data and cutting-edge biostatistical analysis approaches to improve our understanding of the natural history of duchenne and thus, how sponsors can better design trials to identify when their treatment succeeds in changing that natural history. Ctap works to provide 1) ongoing investigation and publication on key questions facing the field and impacting clinical trial des

Financial Statement Notes

PART V, LINE 4:

Temporarily restricted net assets consist of contributions that are restricted by the donor for a specific purpose or relate to future periods.

Raw XML AppendixShowing 400 of 657 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/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CO-FOUNDER & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT & COO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0204
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt069776
IRS990/GrantAmt01200000
IRS990/GrantsPayableGrp/BOYAmt0344608
IRS990/GrantsPayableGrp/EOYAmt0224970
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01328648
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01328648
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0194017
IRS990/GrossReceiptsAmt01377143
IRS990/GrossSalesOfInventoryAmt01416
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt02235
IRS990/InsuranceGrp/ManagementAndGeneralAmt02235
IRS990/InsuranceGrp/ProgramServicesAmt02236
IRS990/InsuranceGrp/TotalAmt06706
IRS990/InventoriesForSaleOrUseGrp/BOYAmt011137
IRS990/InventoriesForSaleOrUseGrp/EOYAmt010449
IRS990/InvestmentIncomeGrp/ExclusionAmt02547
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02547
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03202334
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03202423
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010773
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01333
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01305
IRS990/LandBldgEquipCostOrOtherBssAmt012078
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0193813
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CHARLEY'S FUND'S SINGULAR MISSION IS TO SUPPORT THE DEVELOPMENT OF TREATMENTS AND A CURE FOR DUCHENNE MUSCULAR DYSTROPHY (DMD). WE IDENTIFY AND DIRECT FUNDING TO THE MOST COMPELLING RESEARCH AND TREATMENT PROGRAMS RELATED TO DMD AND, (CONT. ON SCH. O.)
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05470011
IRS990/NetAssetsOrFundBalancesEOYAmt04750433
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0204
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0204
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0727
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0727
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04052119
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03651675
IRS990/NoncashContributionsAmt0193813
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06153
IRS990/OccupancyGrp/ManagementAndGeneralAmt02637
IRS990/OccupancyGrp/ProgramServicesAmt04669
IRS990/OccupancyGrp/TotalAmt013459
IRS990/OfficeExpensesGrp/FundraisingAmt016478
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01976
IRS990/OfficeExpensesGrp/ProgramServicesAmt01794
IRS990/OfficeExpensesGrp/TotalAmt020248
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03450
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012352
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04477
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03611
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020440
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1SCIENTIFIC CONSULTING
IRS990/OtherExpensesGrp/FundraisingAmt014411
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02436
IRS990/OtherExpensesGrp/ProgramServicesAmt03352
IRS990/OtherExpensesGrp/ProgramServicesAmt115125
IRS990/OtherExpensesGrp/TotalAmt020199
IRS990/OtherExpensesGrp/TotalAmt115125
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/Desc1GAIN ON INVESTEMNT IN LLC
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0500
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt189
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt189
IRS990/OtherRevenueTotalAmt0589
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt064842
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025628
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt063030
IRS990/OtherSalariesAndWagesGrp/TotalAmt0153500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt011520
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05512
IRS990/PayrollTaxesGrp/ProgramServicesAmt09058
IRS990/PayrollTaxesGrp/TotalAmt026090
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01688342
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01087700
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04455
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05917
IRS990/PrincipalOfficerNm0TRACY KRAMER SECKLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SEE SCHEDULE O
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0204075
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0128648
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02082116
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01511340
IRS990/PYInvestmentIncomeAmt014707
IRS990/PYOtherExpensesAmt0243521
IRS990/PYOtherRevenueAmt0253
IRS990/PYProgramServiceRevenueAmt0100039
IRS990/PYRevenuesLessExpensesAmt0-79324
IRS990/PYSalariesCompEmpBnftPaidAmt0521578
IRS990/PYTotalExpensesAmt02276439
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02197115
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-719580
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0923480
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0678422
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER - 2017 AMOUNT: $ 38. 2020 AMOUNT: $ 500. NET GAIN LOSS ON INVESTMENTS OF LLC - 2020 AMOUNT: $ 89.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01178574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02082116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02757831
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01415266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01054965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08488752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02547
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013926
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011152
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04746
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03119820
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03152191
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03222150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0589
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt038
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0627
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.58670
IRS990ScheduleA/PublicSupportPY170Pct00.60140
IRS990ScheduleA/PublicSupportTotal170Amt06829650
IRS990ScheduleA/SubstantialContributorsTotAmt01659102
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01178574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02082116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02757831
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01415266
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01054965
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08488752
IRS990ScheduleA/TotalSupportAmt011641570
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01417892
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01098758
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0319134
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01250000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0979558
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01417892
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0811666
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt094621
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01825000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01250000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0669621
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt035000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0205000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt094621
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0145379
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt064707
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt040000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt035000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt069707
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01305
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010773
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012078
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0-6666
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1-413
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2125000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt384502
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt43000000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT - DMD SOLUTIONS,LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT - TCW CATALYST,LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2INVESTMENT - WIDE VISION LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3INVESTMENT - DART THERAPEUTICS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4INVESTMENT - AKASHI THERAPEU.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TEMPORARILY RESTRICTED NET ASSETS CONSIST OF CONTRIBUTIONS THAT ARE RESTRICTED BY THE DONOR FOR A SPECIFIC PURPOSE OR RELATE TO FUTURE PERIODS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01305
IRS990ScheduleD/TotalBookValueProgramRltdAmt03202423
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01200000
IRS990ScheduleI/RecipientTable/CashGrantAmt1128648
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESEARCH GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESEARCH GRANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UMASS MEMORIAL FOUNDATION

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.08$0.01$1.06$0.63$0.49$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.11$0.92$0.68$0.72$0.04
2022Detailed filing. Detailed filing data is available for this year.$4.10$0.18$3.93$0.65$1.45$0.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.46$0.74$4.72$1.78$1.81$0.03
2020Detailed filing. Detailed filing data is available for this year.$4.99$0.24$4.75$1.18$1.90$0.72
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.84$0.37$5.47$2.20$2.28$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.77$0.22$5.55$2.77$2.26$0.51
2017Summary only. Only limited summary data is available for this year.$5.48$0.44$5.04$1.42$1.64$0.22
2016Summary only. Only limited summary data is available for this year.$5.33$0.07$5.26$4.18$4.17$0.01
2015Summary only. Only limited summary data is available for this year.$5.33$0.08$5.25$0.55$2.36$1.81
2014Summary only. Only limited summary data is available for this year.$7.17$0.11$7.06$1.59$2.92$1.33
2013Summary only. Only limited summary data is available for this year.$9.25$0.85$8.40$5.13$0.76$4.37
2012Summary only. Only limited summary data is available for this year.$4.62$0.60$4.02$1.72$0.36$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$0.65$3.14$0.64
2010Summary only. Only limited summary data is available for this year.$3.23$0.96$2.27$1.45$1.18$0.27