Civic Intelligence

Hypersomnia Foundation Inc

EIN 46-4162735 • 501(c)3 • Atlanta, GA

Profile

The Hypersomnia Foundation engages, informs and champions our global community to improve the lives of people with idiopathic hypersomnia and related sleep disorders.

4514 Chamblee Dunwoody Road 229Atlanta, GA 30338

www.hypersomniafoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.19x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

42nd percentile

0.9%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-4.2%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,313,136

Up $177,033 (+16%) from 2023

Liabilities

Up

$166,578

Up $161,659 (+3286%) from 2023

Net Assets

Up

$1,146,558

Up $15,374 (+1.4%) from 2023

Revenue

Down

$878,790

Down $38,380 (-4.2%) from 2023

Expenses

Up

$870,899

Up $136,415 (+19%) from 2023

Net Income

Down

$7,891

Down $174,795 (-96%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2014: $56,817Liabilities 2014: $15,584Net Assets 2014: $41,2332014Assets 2015: $91,744Net Assets 2015: $91,7442015Assets 2016: $168,637Net Assets 2016: $168,6372016Assets 2017: $247,423Net Assets 2017: $247,4232017Assets 2018: $365,895Liabilities 2018: $1,754Net Assets 2018: $364,1412018Assets 2019: $411,070Liabilities 2019: $1,048Net Assets 2019: $410,0222019Assets 2020: $495,463Liabilities 2020: $1,084Net Assets 2020: $494,3792020Assets 2021: $889,120Liabilities 2021: $4,916Net Assets 2021: $884,2042021Assets 2022: $954,600Liabilities 2022: $6,102Net Assets 2022: $948,4982022Assets 2023: $1,136,103Liabilities 2023: $4,919Net Assets 2023: $1,131,1842023Assets 2024: $1,313,136Liabilities 2024: $166,578Net Assets 2024: $1,146,5582024

Highlighted filing

2024

Assets$1,313,136
Liabilities$166,578
Net Assets$1,146,558

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0Revenue 2014: $46,328Expenses 2014: $7,095Net Income 2014: $39,2332014Revenue 2015: $112,239Expenses 2015: $61,728Net Income 2015: $50,5112015Revenue 2016: $107,900Expenses 2016: $31,007Net Income 2016: $76,8932016Revenue 2017: $127,617Expenses 2017: $48,831Net Income 2017: $78,7862017Revenue 2018: $236,889Expenses 2018: $120,171Net Income 2018: $116,7182018Revenue 2019: $251,928Expenses 2019: $207,808Net Income 2019: $44,1202019Revenue 2020: $192,937Expenses 2020: $108,580Net Income 2020: $84,3572020Revenue 2021: $472,219Expenses 2021: $131,240Net Income 2021: $340,9792021Revenue 2022: $581,920Expenses 2022: $484,985Net Income 2022: $96,9352022Revenue 2023: $917,170Expenses 2023: $734,484Net Income 2023: $182,6862023Revenue 2024: $878,790Expenses 2024: $870,899Net Income 2024: $7,8912024

Highlighted filing

2024

Revenue$878,790
Expenses$870,899
Net Income$7,891

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 18, 2025
Return Version
2024v5.2
Gross Receipts
$878,790
Mission and Program Overview

Mission

The Hypersomnia Foundation engages, informs and champions our global community to improve the lives of people with idiopathic hypersomnia and related sleep disorders.

Providing high-quality, timely information to people with hypersomnias, their supporters and health care providers.Increasing awareness and knowledge of hypersomnias in medical and educational communities in order to reduce time to diagnosis.Supporting the discovery of scientific breakthroughs on the causes and treatments of central hypersomnias.Translating new discoveries into improved outcomes and quality of life for people with hypersomnias.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$607,988$765,619▲ $157,631
Cash and Non-Interest-Bearing Accounts$516,115$537,517▲ $21,402
Prepaid Expenses and Deferred Charges$12,000$0▼ $12,000
Accounts Receivable-$10,000-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,136,103$1,313,136▲ $177,033
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$4,919$166,578▲ $161,659
Total Liabilities$4,919$166,578▲ $161,659
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$971,407$1,037,948▲ $66,541
Net Assets With Donor Restrictions$159,777$108,610▼ $51,167
Total Net Assets Fund Balance$1,131,184$1,146,558▲ $15,374
Total Liabilities and Net Assets / Fund Balance$1,136,103$1,313,136▲ $177,033
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael SparaceChairman
Andrew PowellBoard Member
Anjel BurgessBoard Member
Diana KimmelBoard Member
Ed StepanskiBoard Member
Veronica MooreBoard Member
Rebecca KingSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$771,175
Program Service Revenue
$56,482
Investment Income
$51,133
Other Revenue
$0
All Other Contributions
$771,175
Change in Net Assets
$7,891

Audited Revenue Reconciliation

Revenue per Audited Statements
$878,790
Revenue Not Reported on Form 990
$7,483
Total Revenue per Audited Statements
$886,273
Total Revenue per Form 990
$878,790
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$456,862
Salaries, Compensation, and Employee Benefits$284,044
Grants and Similar Amounts Paid$129,993
Total Fundraising Expense$6,140
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$285,722--$285,722
Other Salaries and Wages$210,906$47,454$5,273$263,633
Grants to Domestic Orgs$124,993--$124,993
Fees for Services Other$36,784$8,423-$45,207
Travel$44,951--$44,951
Fees for Services Accounting-$24,882-$24,882
Office Expenses$18,344$4,127$459$22,930
Payroll Taxes$16,329$3,674$408$20,411
Information Technology$11,645--$11,645
Grants to Domestic Individuals$5,000--$5,000
Insurance-$3,883-$3,883
Other Expenses$342--$342
Total Functional Expenses$772,316$92,443$6,140$870,899

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$870,899
Total Expenses per Audited Statements$870,899
Total Expenses per Form 990$870,899
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

No formal review was or will be conducted. Board review before filing.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Hypersomnia Foundation Inc
EIN
46-4162735
Phone
4043011924
Address
4514 CHAMBLEE DUNWOODY ROAD 229, ATLANTA, GA 30338

Signing Officer

Name
Andrew Powell
Title
Treasurer
Signed
2025-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Sparace
Formed
2014
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
10

Preparer

Firm
Wieland Wallace Inc
Address
232 S Batavia Avenue, Batavia, IL 60510
Preparer
Lindsay a Wallace
Phone
6304064490
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt07891
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt056482
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0607988
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0765619
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0550000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0550000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0752175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0813408
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0545541
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0488121
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0192695
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02791940
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt058616
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt028083
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0303
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0242
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt087594
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt056482
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt075679
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt036029
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0168190
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt058616
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt028083
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0350
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0303
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0242
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt087594
IRS990ScheduleA/InvestmentIncomeCYPct00.02870
IRS990ScheduleA/InvestmentIncomePYPct00.01190
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.79080
IRS990ScheduleA/PublicSupportPY509Pct00.98810
IRS990ScheduleA/PublicSupportTotal509Amt02410130
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0550000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0550000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0808657
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0889087
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0581570
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0488121
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0192695
IRS990ScheduleA/Total509Grp/TotalAmt02960130
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0867273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0917170
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0581920
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0488424
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0192937
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03047724
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0870899
IRS990ScheduleD/NetUnrealizedGainsInvstAmt07483
IRS990ScheduleD/RevenueNotReportedAmt07483
IRS990ScheduleD/RevenueSubtotalAmt0878790
IRS990ScheduleD/TotalExpensesPerForm990Amt0870899
IRS990ScheduleD/TotalRevenuePerForm990Amt0878790
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0886273
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0870899
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No formal review was or will be conducted. Board review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AK
IRS990/StatesWhereCopyOfReturnIsFldCd1AR
IRS990/StatesWhereCopyOfReturnIsFldCd2CA
IRS990/StatesWhereCopyOfReturnIsFldCd3CO
IRS990/StatesWhereCopyOfReturnIsFldCd4CT
IRS990/StatesWhereCopyOfReturnIsFldCd5FL
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IRS990/StatesWhereCopyOfReturnIsFldCd7HI
IRS990/StatesWhereCopyOfReturnIsFldCd8IL
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IRS990/StatesWhereCopyOfReturnIsFldCd10KY
IRS990/StatesWhereCopyOfReturnIsFldCd11LA
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IRS990/StatesWhereCopyOfReturnIsFldCd15MI
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IRS990/StatesWhereCopyOfReturnIsFldCd17MS
IRS990/StatesWhereCopyOfReturnIsFldCd18NC
IRS990/StatesWhereCopyOfReturnIsFldCd19NE
IRS990/StatesWhereCopyOfReturnIsFldCd20NH
IRS990/StatesWhereCopyOfReturnIsFldCd21NJ
IRS990/StatesWhereCopyOfReturnIsFldCd22NM
IRS990/StatesWhereCopyOfReturnIsFldCd23NY
IRS990/StatesWhereCopyOfReturnIsFldCd24OH
IRS990/StatesWhereCopyOfReturnIsFldCd25OK
IRS990/StatesWhereCopyOfReturnIsFldCd26OR
IRS990/StatesWhereCopyOfReturnIsFldCd27PA
IRS990/StatesWhereCopyOfReturnIsFldCd28RI
IRS990/StatesWhereCopyOfReturnIsFldCd29SC
IRS990/StatesWhereCopyOfReturnIsFldCd30SD
IRS990/StatesWhereCopyOfReturnIsFldCd31TN
IRS990/StatesWhereCopyOfReturnIsFldCd32UT
IRS990/StatesWhereCopyOfReturnIsFldCd33VI
IRS990/StatesWhereCopyOfReturnIsFldCd34WA

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