Liabilities / Assets
53rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Foundation for Mitochondrial Medicine Inc
990 • Fiscal year 2012 • EIN 20-3697012
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$306,168
Down $10,570 (-3.3%) from 2011
Net Assets
Down$306,168
Down $10,570 (-3.3%) from 2011
Liabilities
Flat$0
Flat from 2011
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$289,684
Up $81,535 (+39%) from 2011
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- May 10, 2013
- Return Version
- 2012v2.1
- Gross Receipts
- $394,108
Mission and Program Overview
Mission
To hasten the development of effective treatments for mitochondrial disease.
Major Activities
- Activity 2
- 2)hope flies home run challenge families day at georgia tech families support and awareness event, hosting over 85 people, in conjunction with georgia tech baseball. Families were hosted by fmm as guests for a baseball game, picnic and children's activities. In addition to a fun day at the ball park, information regarding mitochondrial disease and its relation to other diseases was disseminated.
- Activity 3
- 3) hope flies health series: an evening with holly robinson peete the inaugural health series program hosted nearly 300 guests and helped raise awareness of fmm and fuel connections among diseases closely-related to mitochondrial disease, including autism and parkinson's. Keynote speaker, actress holly robinson peete, shared her journey with her father's parkinson's and her son's autism informing the audience of how she has become an advocate on behalf of her family and how others can do the same. A panel of clinical experts: dr. Martha herbert, harvard & mass general, robin morris, ph.d, georgia state university, dr. John shoffner medical neurogenetics and dr. Zbigniew wszolek, mayo clinic jacksonville, offered practical information and gave hope to families for the future as they shared exciting details of emerging research and treatments for mitochondrial disease, autism & parkinson's disease. Collaborators included: autism speaks, the wilkins parkinson's foundation, the american parkinson's disease association.
Filing and Contact Details
Filer
- EIN
- 20-3697012
Raw XML Appendix397 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.
| Path | # | Value |
|---|---|---|
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| IRS990/Activity2/Description | 0 | 2)HOPE FLIES HOME RUN CHALLENGE FAMILIES DAY AT GEORGIA TECH FAMILIES SUPPORT AND AWARENESS EVENT, HOSTING OVER 85 PEOPLE, IN CONJUNCTION WITH GEORGIA TECH BASEBALL. FAMILIES WERE HOSTED BY FMM AS GUESTS FOR A BASEBALL GAME, PICNIC AND CHILDREN'S ACTIVITIES. IN ADDITION TO A FUN DAY AT THE BALL PARK, INFORMATION REGARDING MITOCHONDRIAL DISEASE AND ITS RELATION TO OTHER DISEASES WAS DISSEMINATED. |
| IRS990/Activity3/Description | 0 | 3) HOPE FLIES HEALTH SERIES: AN EVENING WITH HOLLY ROBINSON PEETE THE INAUGURAL HEALTH SERIES PROGRAM HOSTED NEARLY 300 GUESTS AND HELPED RAISE AWARENESS OF FMM AND FUEL CONNECTIONS AMONG DISEASES CLOSELY-RELATED TO MITOCHONDRIAL DISEASE, INCLUDING AUTISM AND PARKINSON'S. KEYNOTE SPEAKER, ACTRESS HOLLY ROBINSON PEETE, SHARED HER JOURNEY WITH HER FATHER'S PARKINSON'S AND HER SON'S AUTISM INFORMING THE AUDIENCE OF HOW SHE HAS BECOME AN ADVOCATE ON BEHALF OF HER FAMILY AND HOW OTHERS CAN DO THE SAME. A PANEL OF CLINICAL EXPERTS: DR. MARTHA HERBERT, HARVARD & MASS GENERAL, ROBIN MORRIS, PH.D, GEORGIA STATE UNIVERSITY, DR. JOHN SHOFFNER MEDICAL NEUROGENETICS AND DR. ZBIGNIEW WSZOLEK, MAYO CLINIC JACKSONVILLE, OFFERED PRACTICAL INFORMATION AND GAVE HOPE TO FAMILIES FOR THE FUTURE AS THEY SHARED EXCITING DETAILS OF EMERGING RESEARCH AND TREATMENTS FOR MITOCHONDRIAL DISEASE, AUTISM & PARKINSON'S DISEASE. COLLABORATORS INCLUDED: AUTISM SPEAKS, THE WILKINS PARKINSON'S FOUNDATION, THE AMERICAN PARKINSON'S DISEASE ASSOCIATION. |
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| IRS990/ActivityOrMissionDescription | 0 | TO HASTEN THE DEVELOPMENT OF EFFECTIVE TREATMENTS FOR MITOCHONDRIAL DISEASE |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE FOUNDATION FOR MITOCHONDRIAL MEDICINE IS IN YEAR THREE SINCE ITS RE-LAUNCH AND CONTINUES TO MAKE STRONG STRIDES. 2012 REPRESENTS ONE OF CONTINUED OUTREACH, PARTICULARLY FUELING CONNECTIONS TO RELATED DISEASES AND EXPANDING REGIONAL AWARENESS AND FUNDRAISING EVENTS IN TAMPA AND WITH PARTNERS LIKE GEORGIA TECH UNIVERSITY, DAVID YURMAN, AND SAKS FIFTH AVENUE. MOST NOTABLE PROGRAM SERVICES INCLUDE A RESEARCH GRANT TO FUND A FUNCTIONAL MRI STUDY WITH GEORGIA TECH AND GEORGIA STATE UNIVERSITIES AS WELL AS THE INFORMATION AND AWARENESS PROGRAM, LIKE THE LAUCH OF THE HOPE FLIES HEALTH SERIES, THIS YEAR HIGHLIGHTING THE LINKS AMONG PARKINSON'S, AUTISM, AND MITOCHONDRIAL DISEASE. THESE INITIATIVES CONTINUE TO BE SET WITH THE PURPOSE OF FUELING CONNECTIONS TO BUILD BRIDGES AND RELATIONSHIPS WITH KEY STAKEHOLDERS AND OF ENCOURAGING SCIENTIFIC COLLABORATION THAT BRINGS FORTH, PEOPLE, IDEAS AND PARTNERSHIPS TO YIELD TREATMENTS AND ULTIMATELY CURES FOR THE MANY, MANY FORMS OF MITOCHONDRIAL DISEASE. FINANCES GREW STRONGER IN 2012. REVENUES INCREASED 54%, FROM 256,399 IN 2011 TO 394,933 IN 2012, THANKS PRIMARILY TO NEW REGIONAL EVENTS IN TAMPA AND ATLANTA AND MAJOR GIFTS FROM COMMUNITY-MINDED CORPORATE PARTNERS LIKE SAKS 5TH AVENUE, AND DAVID YURMAN. EXPENSES ROSE ALSO, AND STILL SLIGHTLY EXCEED REVENUE, BUT ONLY BY 2.7% AS COMPARED WITH 12.4% LAST YEAR. CONSISTENT WITH ORGANIZATIONS IN THEIR LIFE CYCLE, THE FOUNDATION FOR MITOCHONDRIAL MEDICINE ALLOCATES OVER 40% OF THE BUDGET TO PROGRAM SERVICES INCLUDING RESEARCH. FUNDRAISING EXPENSES REPRESENT 38% OF THE BUDGET, WHILE 20% OF EXPENSES ARE ALLOCATED TO MANAGEMENT AND GENERAL OPERATING. AS OUR REVENUE MODEL SHIFTS TO A STREAM LESS DOMINATED BY SPECIAL EVENTS, WE ANTICIPATE FUNDRAISING EXPENSES TO DECREASE. WE LOOK FORWARD TO INCREASED REVENUES FROM PRIVATE FOUNDATOINS, CORPORATIONS, AND MAJOR DONORS ALONG WITH FURTHER COLLABORATIONS WITH LIKE-MINDED VENTURE PHILANTHROPY ORGANIZATIONS. OUR FOCUS REMAINS ACCELARATING THE PATH TO THE CURES THROUGH PRIORITES OF: 1) AWARENESS, 2) FUELING CONNECTIONS TO RELATED DISEASES 3) FUNDING TREATMENT-ORIENTED RESEARCH. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | THEY SHARED EXCITING DETAILS OF EMERGING RESEARCH AND TREATMENTS FOR MITOCHONDRIAL DISEASE, AUTISM & PARKINSON'S DISEASE. COLLABORATORS INCLUDED: AUTISM SPEAKS, THE WILKINS PARKINSON'S FOUNDATION, THE AMERICAN PARKINSON'S DISEASE ASSOCIATION. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | 4)MEDICAL SYMPOSIA SPONSORSHIP AWARENESS AND INFORMATION DISSEMINATION TO MEDICAL PROFESSIONALS, NEUROLOGISTS, GEORGIA BIO PROFESSIONALS AND OTHER PROGRAM PARTICIPANTS. 5)WHITE PAPER: A CASE FOR MITOCHONDRIAL DYSFUNCTION PUBLICATION AND DISTRIBUTION OF AN OVERVIEW OF MITOCHONDRIAL DYSFUNCTION. RESEARCH OVER THE PAST 25 YEARS - A MERE BLIP IN TIME FOR MEDICAL RESEARCH - HAS SHOWN THAT PROBLEMS WITH MITOCHONDRIA MAY CAUSE OR CONTRIBUTE TO MANY OF THE DISEASES AND CONDITIONS THAT LIMIT GROWTH AND POTENTIAL, DIMINISH QUALITY OF LIFE, AND LEAD TO THE UTILIZATION OF MILLIONS OF DOLLARS IN TREATMENTS AND THERAPIES. AS SCIENTISTS HAVE LEARNED MORE ABOUT THE MITOCHONDRIA'S ROLE IN HEALTH AND IN DISEASE, THEY HAVE CONCLUDED THAT MITOCHONDRIAL DYSFUNCTION IS AT THE ROOT OF DISEASES AND CONDITIONS THAT AFFECT THE YOUNG AND THE OLD, IN WAYS THAT CAN RANGE FROM SUBTLE TO DEVASTATING, AND IS EVEN RESPONSIBLE FOR THE AGING PROCESS ITSELF. THE LIST OF KNOWN DISEASES AND CONDITIONS WITH A MITOCHONDRIAL DYSFUNCTION COMPONENT IS LONG - AND GROWING LONGER. IN FACT, RESEARCH SUGGESTS THAT MITOCHONDRIAL FUNCTION MAY BE THE UNIFYING THEME. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | JOHN SHOFFNER KEITH HYLAND BUSINESS PARTNERS FRANK WREN TERRI WREN MARRIED |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THE EXECUTIVE DIRECTOR AND THE CEO REVIEWED THE TAX RETURN. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | IN THE BOARD OF DIRECTORS MEETINGS, THE DIRECTORS DISCUSS POTENTIAL CONFLICTS OF INTEREST INCLUDING RELATIONS AND THE POSSIBILITY OF PERSONAL BENEFIT. IF THE BOARD OF DIRECTORS DETERMINES THAT A POSSIBLE CONFLICT OF INTEREST EXISTS, THEN THE ONE IN CONFLICT REMOVES HIMSELF/HERSELF FROM THE DISCUSSIONS AND VOTING AS IT PERTAINS TO THAT TOPIC. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | YES, COMPENSATION OF THE EXECUTIVE DIRECTOR INVOLVED A VERY DELIBERATIVE PROCESS AND COMPARABLES OF OTHER START-UP NON-PROFIT COMPANIES. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | THE DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 8 | CONSULTING 0 15,801 0 CONTRACT LABOR 0 59,464 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 9 | MEALS & ENTERTAINMENT 10,750 111 492 GEN PRGM EVENT PLANNING 4,828 0 4,828 EVENT SUPPLIES 4,748 0 293 IT SOFTWARE 0 4,050 0 PROMOTIONAL ITEMS 1,270 0 1,580 DONATIONS 2,005 0 200 PHOTOGRAPHY & VIDEO 1,450 0 550 BUILDING & EQPMT RENTAL 1,000 854 0 BANK FEES 0 1,041 0 OFFICE SUPPLIES 62 633 52 TAXES, LICENSES & FEES 0 0 726 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | ADDITIONAL INFORMATION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | THIRD ACCOMPLISHMENT DESCRIPTION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | ALL OTHER ACCOMPLISHMENT DESCRIPTION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | RELATED PARTY INFORMATION AMONG OFFICERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | ENFORCEMENT OF CONFLICTS POLICY |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | COMPENSATION PROCESS FOR TOP OFFICIAL |
| IRS990ScheduleO/GeneralExplanation/Identifier | 7 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 8 | OTHER FEES FOR SERVICES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 9 | OTHER EXPENSES |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PAGE 2, PART III, LINE 4C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 7 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 8 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 9 | FORM 990, PART IX, LINE 24E |
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| IRS990/YearFormation | 0 | 2005 |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
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| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | FOUNDATION FOR MITOCHONDRIAL |
| ReturnHeader/Filer/Name/BusinessNameLine2 | 0 | MEDICINE INC |
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| ReturnHeader/Filer/USAddress/State | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 30342 |
| ReturnHeader/Officer/DateSigned | 0 | 2013-05-10 |
| ReturnHeader/Officer/Name | 0 | JOHN SHOFFNER |
| ReturnHeader/Officer/Phone | 0 | 6782250222 |
| ReturnHeader/Officer/Title | 0 | CEO |
| ReturnHeader/Preparer/DatePrepared | 0 | 2013-05-13 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | FIVEASH & FROST LLP |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 3720 DAVINCI CT STE 425 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | NORCROSS |
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| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 30092 |
| ReturnHeader/Preparer/Name | 0 | JENNIFER F BARE |
| ReturnHeader/Preparer/Phone | 0 | 7707299980 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-05-13T11:50:22-05:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $306,168
- Liabilities
- $0
- Net assets
- $306,168
- Revenue
- -
- Expenses
- $289,684
- Net income
- -