Civic Intelligence

DMM Global Foundation Inc

990 • Fiscal year 2018 • EIN 46-1107249

Jan 01, 2018 to Dec 31, 2018 • Filed on May 09, 2019

Organization ProfileWWW.DMMGF.ORG
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

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

91st percentile

50%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 26.8% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

97th percentile

395%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

98th percentile

380%

Faster revenue growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$139,596

Up $111,402 (+395%) from 2017

Net Assets

Up

$139,596

Up $111,402 (+395%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin91st percentile

Revenue

Up

$223,904

Up $177,302 (+380%) from 2017

Expenses

Up

$112,502

Up $17,442 (+18%) from 2017

Net Income

Up

$111,402

Up $159,860 (+330%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

2018

Assets$139,596
Liabilities$0
Net Assets$139,596
Open 2018 Filing

Operations Trend

Revenue Growth98th percentile

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

2018

Revenue$223,904
Expenses$112,502
Net Income$111,402
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 9, 2019
Return Version
2018v3.1
Gross Receipts
$223,904
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.

Advancing global knowledge and dialogue in the field of molecular medicine and global health

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$28,194$139,596▲ $111,402
Total Assets$28,194$139,596▲ $111,402
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$28,194$139,596▲ $111,402
Total Net Assets Fund Balance$28,194$139,596▲ $111,402
Total Liabilities and Net Assets / Fund Balance$28,194$139,596▲ $111,402
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Megan DonovanSecr, Treas, COO, DirectorFT$60,000$60,000

Board Members and Trustees

NameTitle
Kenneth R Chien Md PhdPresident and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$223,904
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$223,904
Change in Net Assets
$111,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$66,760
Other Expenses$45,742
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$30,000$30,000-$60,000
Conferences and Meetings$21,238--$21,238
Travel$14,263--$14,263
Payroll Taxes$3,380$3,380-$6,760
Information Technology-$5,254-$5,254
Fees for Services Accounting-$3,250-$3,250
Office Expenses-$295-$295
Other Expenses-$35-$35
Total Functional Expenses$68,881$43,621$0$112,502
International Activity

International Summary

Offices
0
Employees
0
Spending
$35,500

International Compliance

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, BelgiumProgram Services - Conferences and MeetingsThe Largest Conference, Days of Molecular Medicine, Is a Three-day Conference With Up to 500 Participants Held Annually at an International Site (medical/scientific Educational Institution). This Conference Highlights Recent Advances in a Specific, Emerging Area of Translational Science. the Conference Was Held During 2018.00$35,500
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
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

“Megan donovan is married to kenneth r. Chien who is an officer and director.”

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

“The organization provides a copy of the form 990 to the governing body for review prior to filing the return.”

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

“The organization's policy contains a duty to disclose clause, where any interested person must disclose any conflict of interest. After the disclosure, the board of directors or the committee will, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board or committee will determine whether the corporation can obtain, with reasonable efforts, a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not possible, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. If the board or committee has reasonable cause to believe an interested person has failed to disclose actual or possible conflicts of interest, it shall investigate and if warranted take the appropriate and corrective action.”

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
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
2019-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Kenneth Chien
Formed
2010
Legal Domicile
Ma
Voting Board Members
2
Independent Board Members
0
Employees
1
Volunteers
0

Preparer

Firm
Baumann & Baumann Cpas Llp
Address
40 WALNUT STREET SUITE 301, WELLESLEY, MA 02481
Preparer
Karl M Baumann
Phone
7812390190
Supplemental Narrative

Additional Explanations

GENERAL INFORMATION - QUESTION J:

“Website information: the web address is www.dmmgf.org.”

Financial Statement Notes

PART X, LINE 2:

“The organization's federal returns for the years ended december 31, 2015 through december 31, 2018 are subject to examination by the irs and massachusetts attorney general's office. There are currently no audits for any tax periods in progress. Financial standards prescribe a comprehensive model for how an organization should measure, recognize, present, and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. The organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at december 31, 2018.”

Raw XML Appendix323 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ADVANCING GLOBAL KNOWLEDGE AND DIALOGUE IN THE FIELD OF MOLECULAR MEDICINE AND GLOBAL HEALTH
IRS990/AllOtherContributionsAmt0223904
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06177102454
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt019 SAVILLE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CAMBRIDGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002138
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt028194
IRS990/CashNonInterestBearingGrp/EOYAmt0139596
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt030000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt030000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt060000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt021238
IRS990/ConferencesMeetingsGrp/TotalAmt021238
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0223904
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt045742
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0111402
IRS990/CYSalariesCompEmpBnftPaidAmt066760
IRS990/CYTotalExpensesAmt0112502
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0223904
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE 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.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt068881
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03250
IRS990/FeesForServicesAccountingGrp/TotalAmt03250
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0KENNETH R CHIEN MD PHD
IRS990/Form990PartVIISectionAGrp/PersonNm1MEGAN DONOVAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECR, TREAS, COO, DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0223904
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05254
IRS990/InformationTechnologyGrp/TotalAmt05254
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DMM 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt028194
IRS990/NetAssetsOrFundBalancesEOYAmt0139596
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0295
IRS990/OfficeExpensesGrp/TotalAmt0295
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SOFTWARE
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2INTERNATIONAL TRANSACTI
IRS990/OtherExpensesGrp/Desc3STATE FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0941
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1376
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt290
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt335
IRS990/OtherExpensesGrp/TotalAmt0941
IRS990/OtherExpensesGrp/TotalAmt1376
IRS990/OtherExpensesGrp/TotalAmt290
IRS990/OtherExpensesGrp/TotalAmt335
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03380
IRS990/PayrollTaxesGrp/ProgramServicesAmt03380
IRS990/PayrollTaxesGrp/TotalAmt06760
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DR KENNETH CHIEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt046602
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt028332
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-48458
IRS990/PYSalariesCompEmpBnftPaidAmt066728
IRS990/PYTotalExpensesAmt095060
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt046602
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0111402
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THIS IS THE ORGANIZATION'S 5TH YEAR AS A SECTION 501(C)(3) ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION B - LN 15
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0223904
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt046602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0123445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0223350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0667301
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0398742
IRS990ScheduleA/SubstantialContributorsTotAmt0268559
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0223904
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt046602
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0123445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0223350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0667301
IRS990ScheduleA/TotalSupportAmt0667301
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FEDERAL RETURNS FOR THE YEARS ENDED DECEMBER 31, 2015 THROUGH DECEMBER 31, 2018 ARE SUBJECT TO EXAMINATION BY THE IRS AND MASSACHUSETTS ATTORNEY GENERAL'S OFFICE. THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. FINANCIAL STANDARDS PRESCRIBE A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt035500
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0THE LARGEST CONFERENCE, DAYS OF MOLECULAR MEDICINE, IS A THREE-DAY CONFERENCE WITH UP TO 500 PARTICIPANTS HELD ANNUALLY AT AN INTERNATIONAL SITE (MEDICAL/SCIENTIFIC EDUCATIONAL INSTITUTION). THIS CONFERENCE HIGHLIGHTS RECENT ADVANCES IN A SPECIFIC, EMERGING AREA OF TRANSLATIONAL SCIENCE. THE CONFERENCE WAS HELD DURING 2018.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES - CONFERENCES AND MEETINGS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt035500
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt035500
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WEBSITE INFORMATION: THE WEB ADDRESS IS WWW.DMMGF.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEGAN DONOVAN IS MARRIED TO KENNETH R. CHIEN WHO IS AN OFFICER AND DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES A COPY OF THE FORM 990 TO THE GOVERNING BODY FOR REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S POLICY CONTAINS A DUTY TO DISCLOSE CLAUSE, WHERE ANY INTERESTED PERSON MUST DISCLOSE ANY CONFLICT OF INTEREST. AFTER THE DISCLOSURE, THE BOARD OF DIRECTORS OR THE COMMITTEE WILL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE WILL DETERMINE WHETHER THE CORPORATION CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT POSSIBLE, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INVESTIGATE AND IF WARRANTED TAKE THE APPROPRIATE AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0GENERAL INFORMATION - QUESTION J:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt028194
IRS990/TotalAssetsEOYAmt0139596
IRS990/TotalAssetsGrp/BOYAmt028194
IRS990/TotalAssetsGrp/EOYAmt0139596
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0223904
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043621
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt068881
IRS990/TotalFunctionalExpensesGrp/TotalAmt0112502
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028194
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0139596
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt068881
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0223904
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028194
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0139596
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014263
IRS990/TravelGrp/TotalAmt014263
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt028194
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0139596
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt019 SAVILLE STREET
IRS990/USAddress/CityNm0CAMBRIDGE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002138
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.DMMGF.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR KENNETH CHIEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06177102454
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-09
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
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002138
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FCD4B4C835EECEDE8B138B6D0FEEFDA65F813348
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.17.108.58
ReturnHeader/FilingSecurityInformation/IPDt02019-05-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:25:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043006399
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAUMANN & BAUMANN CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt040 WALNUT STREET SUITE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WELLESLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002481
ReturnHeader/PreparerPersonGrp/PhoneNum07812390190
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARL M BAUMANN
ReturnHeader/ReturnTs02019-05-15T15:29:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$139,596
Liabilities
$0
Net assets
$139,596
Revenue
$223,904
Expenses
$112,502
Net income
$111,402
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.04$0.72$0.68
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.04$0.68$0.00$0.08$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.00$0.63$0.63
2018Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$2.24$1.13$1.11
2017Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.47$0.95$0.48
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.22$1.15$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$2.23$1.45$0.78
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.53$0.09$0.59$0.69$0.09