Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
DMM Global Foundation
EIN 27-4338194 • 501(c)3 • Cambridge, MA
Profile
Dmm global foundation (the organization) was formed for the purpose of advancing global knowledge and dialogue in the field of molecular medicine and its influence on global health.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 13.1% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $45,449 (-100%) from 2013
Liabilities
Flat$0
Flat from 2013
Net Assets
Down$0
Down $45,449 (-100%) from 2013
Revenue
Down$49,773
Down $178,883 (-78%) from 2013
Expenses
Down$95,222
Down $170,629 (-64%) from 2013
Net Income
Down-$45,449
Down $8,254 (-22%) from 2013
Trend Graphs
Filings
Most recent year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $0
- Net assets
- $0
- Revenue
- $49,773
- Expenses
- $95,222
- Net income
- -$45,449
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- May 8, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $50,546
Mission and Program Overview
Mission
Dmm global foundation (the organization) was formed for the purpose of advancing global knowledge and dialogue in the field of molecular medicine and its influence on global health.
Dmm global foundation (the organization) was formed for the purpose of advancing global knowledge and dialogue in the field of molecular medicine and its infulence on global health.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE DMM GLOBAL CONFERENCE NETWORK IS A COLLECTION OF INTERNATIONAL SCIENTIFIC RESEARCH MEETINGS AND CONFERENCES WHICH FOCUS ON THE INTERSECTION OF CUTTING EDGE ADVANCES IN THE FIELD OF MOLECULAR MEDICINE. THE FOCUS OF THE MEETINGS AND CONFERENCES IS TO DISCUSS CONVERGING PRINCIPLES AND MOLECULAR PATHWAYS BEING UNCOVERED FOR DISEASES IN CARDIAC, NEUROMUSCULAR AND CENTRAL NERVOUS SYSTEMS AND RELATED BIOTECHNOLOGY AND GLOBAL HEALTH ISSUES. | $9,413 | $84,679 |
| THE DMM GLOBAL HEALTH INITIATIVE PROGRAM WAS FORMED BY THE ORGANIZATION AS A REPSONSE TO THE HIGH RATE OF UNIQUE AND RARE CARIOVASCULAR DISEASES OCCURING IN CHILDREN AND ADOLESCENTS IN SEVERAL DEVELOPING NATIONS. THROUGH THE INITIATIVE THE ORGANIZATION WILL ATTEMPT TO: (1) IDENTIFY THOSE LOCATIONS WHERE CHILDHOOD CARDIOVASCULAR DISEASE IS MOST PREVALENT ("HOT SPOTS"); (2) RECRUIT HIGHLY MOTIVATED AND CAPABLE YOUNG PHYSICIANS ("TRAINEES") WITH AN INTEREST IN ACQUIRING SCIENTIFIC EXPERTISE IN THE AREA; (3) DEVELOP A FRAMEWORK THAT INCLUDES, AMONG OTHER THINGS, THE SCOPE OF RESEARCH, THE PLAN FOR JOINT PUBLICATION OF THE RESEARCH RESULTS, AND FINANCIAL SUPPORT FOR THE VISITING TRAINEES. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOSEPH F X DONOVAN III | Secretary, CFO And Director | PT | $6,500 | - | $6,500 |
| KENNETH R CHIEN MD PHD | President And Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Dmm Global Foundation
- EIN
- 27-4338194
- Phone
- 6177102454
- Address
- 19 SAVILLE STREET, CAMBRIDGE, MA 02138
Signing Officer
- Name
- Dr Kenneth Chien
- Title
- President
- Phone
- 6177102454
- Signed
- 2015-05-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Baumann & Baumann Cpas
- Address
- 62 WALNUT STREET, WELLESLEY, MA 02481
- Preparer
- Karl M Baumann
- Phone
- 7812390190
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Payments to Affiliates
“Affiliate name: dmm global foundation inc (ma). Affiliate address: 19 saville st cambridge, ma 02138. Purpose of payment: liquidating distribution to approved charity. Amount of payment: 9,413.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank charges. Amount: 323. Description: payroll fees. Amount: 288. Description: payroll taxes. Amount: 6,144. Description: software. Amount: 210. Description: supplies, other. Amount: 47. Description: website. Amount: 210. Description: conference expenses. Amount: 11,541. Description: depreciation. Amount: 194. Total to form 990-ez, line 16: 18,957.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: loans to disqualified persons (travel advances). Beg. Of year amount: 7,310. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 967. End of year amount: 0.”
Raw XML Appendix189 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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| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | DMM GLOBAL FOUNDATION (THE ORGANIZATION) WAS FORMED FOR THE PURPOSE OF ADVANCING GLOBAL KNOWLEDGE AND DIALOGUE IN THE FIELD OF MOLECULAR MEDICINE AND ITS INFULENCE ON GLOBAL HEALTH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE DMM GLOBAL CONFERENCE NETWORK IS A COLLECTION OF INTERNATIONAL SCIENTIFIC RESEARCH MEETINGS AND CONFERENCES WHICH FOCUS ON THE INTERSECTION OF CUTTING EDGE ADVANCES IN THE FIELD OF MOLECULAR MEDICINE. THE FOCUS OF THE MEETINGS AND CONFERENCES IS TO DISCUSS CONVERGING PRINCIPLES AND MOLECULAR PATHWAYS BEING UNCOVERED FOR DISEASES IN CARDIAC, NEUROMUSCULAR AND CENTRAL NERVOUS SYSTEMS AND RELATED BIOTECHNOLOGY AND GLOBAL HEALTH ISSUES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | THE DMM GLOBAL HEALTH INITIATIVE PROGRAM WAS FORMED BY THE ORGANIZATION AS A REPSONSE TO THE HIGH RATE OF UNIQUE AND RARE CARIOVASCULAR DISEASES OCCURING IN CHILDREN AND ADOLESCENTS IN SEVERAL DEVELOPING NATIONS. THROUGH THE INITIATIVE THE ORGANIZATION WILL ATTEMPT TO: (1) IDENTIFY THOSE LOCATIONS WHERE CHILDHOOD CARDIOVASCULAR DISEASE IS MOST PREVALENT ("HOT SPOTS"); (2) RECRUIT HIGHLY MOTIVATED AND CAPABLE YOUNG PHYSICIANS ("TRAINEES") WITH AN INTEREST IN ACQUIRING SCIENTIFIC EXPERTISE IN THE AREA; (3) DEVELOP A FRAMEWORK THAT INCLUDES, AMONG OTHER THINGS, THE SCOPE OF RESEARCH, THE PLAN FOR JOINT PUBLICATION OF THE RESEARCH RESULTS, AND FINANCIAL SUPPORT FOR THE VISITING TRAINEES. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 84679 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 56309 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
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| IRS990EZ/TotalRevenueAmt | 0 | 49773 |
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| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
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| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 587400 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 236916 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
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| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | TO FUND TRAVEL ADVANCES. |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 11510 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | MEGAN DONOVAN |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | WIFE OF K. CHIEN, PRES AND DIR; SISTER OF J. DONOVAN, SECR, CEO, DIR. |
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| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 7310 |
| IRS990ScheduleN/AssetsDistributedInd | 0 | 0 |
| IRS990ScheduleN/AttorneyGeneralNotifiedInd | 0 | 0 |
| IRS990ScheduleN/BondsOutstandingInd | 0 | 0 |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | 0 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | CASH |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 1 | TRAVEL ADVANCES TO EMPLOYEE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 0 | DMM GLOBAL FOUNDATION INC (SUCCESSOR TO DMM GLOBAL FOUNDATION) |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 1 | DMM GLOBAL FOUNDATION INC (SUCCESSOR TO DMM GLOBAL FOUNDATION) |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 0 | 2014-07-23 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 1 | 2014-07-23 |
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| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 1 | 461107249 |
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| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 1 | 7310 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 0 | 501(C)(3) PUBLIC CHARITY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 1 | 501(C)(3) PUBLIC CHARITY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | BOOK VALUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 1 | BOOK VALUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 0 | 19 SAVILLE STREET |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 1 | 19 SAVILLE STREET |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 0 | CAMBRIDGE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 1 | CAMBRIDGE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 1 | MA |
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| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 1 | 02138 |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | 0 |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AFFILIATE NAME: DMM GLOBAL FOUNDATION INC (MA). AFFILIATE ADDRESS: 19 SAVILLE ST CAMBRIDGE, MA 02138. PURPOSE OF PAYMENT: LIQUIDATING DISTRIBUTION TO APPROVED CHARITY. AMOUNT OF PAYMENT: 9,413. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BANK CHARGES. AMOUNT: 323. DESCRIPTION: PAYROLL FEES. AMOUNT: 288. DESCRIPTION: PAYROLL TAXES. AMOUNT: 6,144. DESCRIPTION: SOFTWARE. AMOUNT: 210. DESCRIPTION: SUPPLIES, OTHER. AMOUNT: 47. DESCRIPTION: WEBSITE. AMOUNT: 210. DESCRIPTION: CONFERENCE EXPENSES. AMOUNT: 11,541. DESCRIPTION: DEPRECIATION. AMOUNT: 194. TOTAL TO FORM 990-EZ, LINE 16: 18,957. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: LOANS TO DISQUALIFIED PERSONS (TRAVEL ADVANCES). BEG. OF YEAR AMOUNT: 7,310. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 967. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DR KENNETH CHIEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-05-08 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DMMG |
| ReturnHeader/Filer/EIN | 0 | 274338194 |
| ReturnHeader/Filer/PhoneNum | 0 | 6177102454 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 19 SAVILLE STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CAMBRIDGE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02138 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 043006399 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BAUMANN & BAUMANN CPAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 62 WALNUT STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WELLESLEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02481 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7812390190 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KARL M BAUMANN |
| ReturnHeader/ReturnTs | 0 | 2015-05-15T09:33:24-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.