Civic Intelligence

Hypersomnia Foundation Inc

990 • Fiscal year 2022 • EIN 46-4162735

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 19, 2023

4514 Chamblee Dunwoody Road 229Atlanta, GA 30338

(404) 301-1924

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

66th percentile

17%

Higher net margin than 66% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$57,842

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

61st percentile

7.4%

Faster asset growth than 61% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

23%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$954,600

Up $65,480 (+7.4%) from 2021

Net Assets

Up

$948,498

Up $64,294 (+7.3%) from 2021

Liabilities

Up

$6,102

Up $1,186 (+24%) from 2021

Revenue

Up

$581,920

Up $109,701 (+23%) from 2021

Expenses

Up

$484,985

Up $353,745 (+270%) from 2021

Net Income

Down

$96,935

Down $244,044 (-72%) from 2021

Historical Trend

Balance Sheet Trend

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

$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

2022

Assets$954,600
Liabilities$6,102
Net Assets$948,498

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$581,920
Expenses$484,985
Net Income$96,935
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 19, 2023
Return Version
2022v5.0
Gross Receipts
$581,920
Mission and Program Overview

Mission

Further hypersomnia awareness, education & research

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
Cash and Non-Interest-Bearing Accounts$852,649$943,017▲ $90,368
Prepaid Expenses and Deferred Charges-$11,583-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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$852,649$954,600▲ $101,951
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,086$6,102▲ $5,016
Total Liabilities$1,086$6,102▲ $5,016
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$426,590$485,515▲ $58,925
Net Assets With Donor Restrictions$424,973$462,983▲ $38,010
Total Net Assets Fund Balance$851,563$948,498▲ $96,935
Total Liabilities and Net Assets / Fund Balance$852,649$954,600▲ $101,951
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Darrel DrobnichCEOFT$57,842$57,842
Claire C CrispCEOFT$34,095$34,095
Lindsay JesteadtCOOFT$32,202$32,202
Amy DesmaraisCFOPT$27,900$27,900

Board Members and Trustees

NameTitle
David BurleyChairman
Diane PowellFormer Chair
Anjel BurgessBoard Member
Chip WernigBoard Member
Elizabeth Betsy AshcraftBoard Member
Michael SparaceBoard Member
Michelle EmrichBoard Member
Sarah BeazleyBoard Member
Veronica MooreBoard Member
Rebecca KingSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$545,541
Program Service Revenue
$36,029
Investment Income
$350
Other Revenue
$0
All Other Contributions
$545,541
Change in Net Assets
$96,935

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$47,066Market
Total Noncash Contributions1$47,066-

Audited Revenue Reconciliation

Revenue per Audited Statements
$581,920
Total Revenue per Audited Statements
$581,920
Total Revenue per Form 990
$581,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$204,560
Other Expenses$167,925
Grants and Similar Amounts Paid$112,500
Total Fundraising Expense$6,374
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$126,708$22,057$3,274$152,039
Grants to Domestic Orgs$62,500--$62,500
Conferences and Meetings$56,059--$56,059
Foreign Grants$50,000--$50,000
Other Salaries and Wages$30,841$5,369$796$37,006
Information Technology$30,408--$30,408
Payroll Taxes$13,271$336$1,908$15,515
Office Expenses$12,129$659$396$13,184
Fees for Services Accounting-$9,175-$9,175
Travel$8,523--$8,523
Insurance-$3,550-$3,550
Other Expenses$1,318--$1,318
Total Functional Expenses$437,465$41,146$6,374$484,985

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$484,985
Total Expenses per Audited Statements$484,985
Total Expenses per Form 990$484,985
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
AASM FoundationDarien, IL, Nl--$62,500
Amsterdam UMC Location Vrije---$50,000
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
No
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
Amy Desmarais
Title
CFO
Signed
2023-07-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Desmarais
Formed
2014
Legal Domicile
Ga
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
10

Preparer

Firm
Wieland Wallace Inc
Address
232 S Batavia Avenue, Batavia, IL 60510
Preparer
Paul H Wieland CPA
Phone
6304064490
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