Civic Intelligence

DMM Global Foundation Inc

990EZ • Fiscal year 2014 • EIN 46-1107249

Jan 01, 2014 to Dec 31, 2014 • Filed on May 12, 2015

19 Saville StreetCambridge, MA 02138

(617) 710-2454

Siviq Scores

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

Liabilities / Assets

95th percentile

1.21x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

0.89x

Higher debt load relative to revenue than 95% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

88th percentile

$37,653

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 63.4% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$43,466

No earlier filing loaded for comparison.

Net Assets

-$9,224

No earlier filing loaded for comparison.

Liabilities

$52,690

No earlier filing loaded for comparison.

Revenue

$59,413

No earlier filing loaded for comparison.

Expenses

$68,637

No earlier filing loaded for comparison.

Net Income

-$9,224

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2014: $43,466Liabilities 2014: $52,690Net Assets 2014: -$9,2242014Assets 2015: $68,987Liabilities 2015: $0Net Assets 2015: $68,9872015Assets 2016: $76,652Liabilities 2016: $0Net Assets 2016: $76,6522016Assets 2017: $28,194Liabilities 2017: $0Net Assets 2017: $28,1942017Assets 2018: $139,596Liabilities 2018: $0Net Assets 2018: $139,5962018Assets 2019: $76,311Liabilities 2019: $0Net Assets 2019: $76,3112019Assets 2020: $71,668Liabilities 2020: $3,725Net Assets 2020: $67,9432020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2014

Assets$43,466
Liabilities$52,690
Net Assets-$9,224

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $59,413Expenses 2014: $68,637Net Income 2014: -$9,2242014Revenue 2015: $223,350Expenses 2015: $145,139Net Income 2015: $78,2112015Revenue 2016: $122,228Expenses 2016: $114,563Net Income 2016: $7,6652016Revenue 2017: $46,602Expenses 2017: $95,060Net Income 2017: -$48,4582017Revenue 2018: $223,904Expenses 2018: $112,502Net Income 2018: $111,4022018Revenue 2019: $0Expenses 2019: $63,285Net Income 2019: -$63,2852019Revenue 2020: $0Expenses 2020: $8,368Net Income 2020: -$8,3682020Revenue 2021: $3,725Expenses 2021: $71,668Net Income 2021: -$67,9432021

Highlighted filing

2014

Revenue$59,413
Expenses$68,637
Net Income-$9,224
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 12, 2015
Return Version
2014v5.0
Gross Receipts
$59,413
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

DescriptionGrantsExpenses
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.$0$63,317
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

NameTitleFull / Part TimeBaseOtherTotal
MEGAN DONOVANCOOFT$36,358$1,295$37,653
JOSEPH F X DONOVAN IIITreasurer & ClerkPT$3,500-$3,500
KENNETH R CHIEN MD PHDPresident & Director-$0--
Filing and Contact Details

Filer

Filer Name
Dmm Global Foundation Inc
EIN
46-1107249
Phone
6177102454
Address
19 SAVILLE STREET, CAMBRIDGE, MA 02138

Signing Officer

Name
Dr Kenneth Chien
Title
President
Phone
6177102454
Signed
2015-05-12
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 16 - Other Expenses

Description: payroll taxes. Amount: 3,380. Description: ma filing fees. Amount: 70. Description: bank charges. Amount: 69. Description: conference costs. Amount: 18,715. Total to form 990-ez, line 16: 22,234.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: loans from disqualified persons. Beg. Of year amount: 0. End of year amount: 52,690.

Raw XML Appendix155 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/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0DMM 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/DescriptionProgramSrvcAccomTxt0THE 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/DescriptionProgramSrvcAccomTxt1THE 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: PAYROLL TAXES. AMOUNT: 3,380. DESCRIPTION: MA FILING FEES. AMOUNT: 70. DESCRIPTION: BANK CHARGES. AMOUNT: 69. DESCRIPTION: CONFERENCE COSTS. AMOUNT: 18,715. TOTAL TO FORM 990-EZ, LINE 16: 22,234.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LOANS FROM DISQUALIFIED PERSONS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 52,690.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR KENNETH CHIEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06177102454
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DMM GLOBAL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DMMG
ReturnHeader/Filer/EIN0461107249
ReturnHeader/Filer/PhoneNum06177102454
ReturnHeader/Filer/USAddress/AddressLine1Txt019 SAVILLE STREET
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
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ReturnHeader/Filer/USAddress/ZIPCd002138
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043006399
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAUMANN & BAUMANN CPAS
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WELLESLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002481
ReturnHeader/PreparerPersonGrp/PhoneNum07812390190
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARL M BAUMANN
ReturnHeader/ReturnTs02015-05-15T09:33:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings