Civic Intelligence

Create Cures Foundation

990 • Fiscal year 2020 • EIN 47-2793776

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

1260 15th Street 1109Santa Monica, CA 90404

(424) 785-9099

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.06x

Higher debt load relative to assets than 43% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

77th percentile

0.49x

Higher debt load relative to revenue than 77% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

1st percentile

-321%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

3rd percentile

-31%

Faster asset growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-85%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,867,376

Down $824,924 (-31%) from 2019

Net Assets

Down

$1,750,568

Down $765,252 (-30%) from 2019

Liabilities

Down

$116,808

Down $59,672 (-34%) from 2019

Revenue

Down

$238,086

Down $1,344,678 (-85%) from 2019

Expenses

Down

$1,003,338

Down $274,402 (-21%) from 2019

Net Income

Down

-$765,252

Down $1,070,276 (-351%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $0Net Assets 2016: $02016Assets 2017: $1,667,919Liabilities 2017: $14,200Net Assets 2017: $1,653,7192017Assets 2018: $2,230,022Liabilities 2018: $19,226Net Assets 2018: $2,210,7962018Assets 2019: $2,692,300Liabilities 2019: $176,480Net Assets 2019: $2,515,8202019Assets 2020: $1,867,376Liabilities 2020: $116,808Net Assets 2020: $1,750,5682020Assets 2021: $2,110,360Liabilities 2021: $39,874Net Assets 2021: $2,070,4862021Assets 2022: $1,785,521Liabilities 2022: $14,731Net Assets 2022: $1,770,7902022Assets 2023: $2,338,466Liabilities 2023: $17,718Net Assets 2023: $2,320,7482023Assets 2024: $2,363,596Liabilities 2024: $24,249Net Assets 2024: $2,339,3472024

Highlighted filing

2020

Assets$1,867,376
Liabilities$116,808
Net Assets$1,750,568

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $02016Revenue 2017: $1,805,752Expenses 2017: $152,033Net Income 2017: $1,653,7192017Revenue 2018: $1,227,603Expenses 2018: $670,526Net Income 2018: $557,0772018Revenue 2019: $1,582,764Expenses 2019: $1,277,740Net Income 2019: $305,0242019Revenue 2020: $238,086Expenses 2020: $1,003,338Net Income 2020: -$765,2522020Revenue 2021: $1,248,713Expenses 2021: $928,795Net Income 2021: $319,9182021Revenue 2022: $370,659Expenses 2022: $670,355Net Income 2022: -$299,6962022Revenue 2023: $1,240,620Expenses 2023: $690,662Net Income 2023: $549,9582023Revenue 2024: $689,760Expenses 2024: $671,161Net Income 2024: $18,5992024

Highlighted filing

2020

Revenue$238,086
Expenses$1,003,338
Net Income-$765,252
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$238,086
Mission and Program Overview

Mission

Create cures foundation is a 501(c)(3) nonprofit organization dedicated to the purpose of promoting creative, educational and scientific programs aimed at ensuring healthy lives, improving the well-being of all ages and reducing mortality due to noncommunicable diseases like cancer, diabetes, cardiovascular and nuerodegenerative disease as well as obesity. We want everyone, even patients without financial means to be able to benefit from new knowledge and live a healthy, long life.the foundation's mission is to prevent illness and promote longer, healthier, and consequently happier lives as fundamental human rights as described in the "universal declaration of human rights" proclaimed by the united nations general assembly in paris in 1948.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$946,601$947,158▲ $557
Savings and Temporary Cash Investments$1,318,895$469,000▼ $849,895
Land, Buildings, and Equipment, Net$22,361$109,916▲ $87,555
Loans From Officers Directors$14,200$14,200→ $0
Prepaid Expenses and Deferred Charges$1,763$2,202▲ $439
Cash and Non-Interest-Bearing Accounts-$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-
Inventories for Sale or Use-$0-
Total Assets$2,692,300$1,867,376▼ $824,924
Other Assets Total$402,680$339,100▼ $63,580
Liabilities
Grants Payable$140,000$70,000▼ $70,000
Other Liabilities-$32,608-
Accounts Payable and Accrued Expenses$22,280--
Total Liabilities$176,480$116,808▼ $59,672
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,100,000$1,050,795▼ $49,205
Net Assets Without Donor Restrictions$1,415,820$699,773▼ $716,047
Total Net Assets Fund Balance$2,515,820$1,750,568▼ $765,252
Total Liabilities and Net Assets / Fund Balance$2,692,300$1,867,376▼ $824,924

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,313$6,957-
Equipment$19,233$4,503-
Leasehold Improvements$65,370$1,462-
Other Assets Org$17,333--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Maria Cristina VillaSecretaryPT$5,000$5,000
Raffaele VardavasTreasurer-$5,000$5,000

Board Members and Trustees

NameTitle
Valter LongoChairman
Fabio NeccoBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$83,729
Program Service Revenue
$12,849
Investment Income
$5
Other Revenue
$141,503
All Other Contributions
$83,729
Change in Net Assets
$-765,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$501,675
Grants and Similar Amounts Paid$257,646
Salaries, Compensation, and Employee Benefits$244,017
Total Fundraising Expense$8,887
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$257,646--$257,646
Other Salaries and Wages$219,579--$219,579
Occupancy$195,577--$195,577
Fees for Services Other$77,098$28,460-$105,558
Fees for Services Legal-$23,143-$23,143
Advertising$22,549--$22,549
Information Technology$10,904-$8,887$19,791
Insurance$5,370$11,872-$17,242
All Other Expenses$7,523$8,796-$16,319
Payroll Taxes$14,438--$14,438
Fees for Services Accounting-$11,566-$11,566
Current Officers, Directors, Trustees, and Key Employees-$10,000-$10,000
Depreciation Depletion$9,606--$9,606
Office Expenses$8,876--$8,876
Travel$8,684--$8,684
Other Expenses$35,725$7,044-$7,044
Total Functional Expenses$873,575$120,876$8,887$1,003,338
International Activity

International Compliance

Foreign grant records maintained
Yes
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
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
Loans from Officers, Directors, Trustees, and Key Employees$14,200$14,200→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$32,608
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Line 11B: Form 990 Review Process

The draft copy of the tax return is provided to the board for their review and approval before finalizing for filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Copies of the organization's documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Create Cures Foundation
EIN
47-2793776
Phone
4247859099
Address
1260 15TH STREET 1109, SANTA MONICA, CA 90404

Signing Officer

Name
Maria Cristina Villa
Title
Secretary
Signed
2021-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valter Longo
Formed
2015
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
5
Employees
9

Preparer

Firm
Allison & Gibb Llp
Address
601 E DAILY DRIVE SUITE 117, CAMARILLO, CA 93010
Preparer
Lisa a Allison CPA
Phone
8059871999
Raw XML AppendixShowing 400 of 489 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022280
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CREATE CURES FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION DEDICATED TO THE PURPOSE OF PROMOTING CREATIVE, EDUCATIONAL AND SCIENTIFIC PROGRAMS AIMED AT ENSURING HEALTHY LIVES, IMPROVING THE WELL-BEING OF ALL AGES AND REDUCING MORTALITY DUE TO NONCOMMUNICABLE DISEASES LIKE CANCER, DIABETES, CARDIOVASCULAR AND NUERODEGENERATIVE DISEASE AS WELL AS OBESITY. WE WANT EVERYONE, EVEN PATIENTS WITHOUT FINANCIAL MEANS TO BE ABLE TO BENEFIT FROM NEW KNOWLEDGE AND LIVE A HEALTHY, LONG LIFE.THE FOUNDATION'S MISSION IS TO PREVENT ILLNESS AND PROMOTE LONGER, HEALTHIER, AND CONSEQUENTLY HAPPIER LIVES AS FUNDAMENTAL HUMAN RIGHTS AS DESCRIBED IN THE "UNIVERSAL DECLARATION OF HUMAN RIGHTS" PROCLAIMED BY THE UNITED NATIONS GENERAL ASSEMBLY IN PARIS IN 1948.
IRS990/AdvertisingGrp/ProgramServicesAmt022549
IRS990/AdvertisingGrp/TotalAmt022549
IRS990/AllOtherContributionsAmt083729
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08796
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07523
IRS990/AllOtherExpensesGrp/TotalAmt016319
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0MARIA CRISTINA VILLA
IRS990/BooksInCareOfDetail/PhoneNum04247859099
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01260 15TH STREET 1109
IRS990/BooksInCareOfDetail/USAddress/CityNm0SANTA MONICA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090404
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt010000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt010000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt083729
IRS990/CYGrantsAndSimilarPaidAmt0257646
IRS990/CYInvestmentIncomeAmt05
IRS990/CYOtherExpensesAmt0501675
IRS990/CYOtherRevenueAmt0141503
IRS990/CYProgramServiceRevenueAmt012849
IRS990/CYRevenuesLessExpensesAmt0-765252
IRS990/CYSalariesCompEmpBnftPaidAmt0244017
IRS990/CYTotalExpensesAmt01003338
IRS990/CYTotalFundraisingExpenseAmt08887
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0238086
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09606
IRS990/DepreciationDepletionGrp/TotalAmt09606
IRS990/Desc0SENSITIZE AND EDUCATE ADULTS AND CHILDREN AROUND THE WORLD ABOUT NUTRITION AND LIFESTYLE AS KEY TO LIVING HEALTHIER AND LONGER LIVES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01100000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01050795
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0446845
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011566
IRS990/FeesForServicesAccountingGrp/TotalAmt011566
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt023143
IRS990/FeesForServicesLegalGrp/TotalAmt023143
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt028460
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt077098
IRS990/FeesForServicesOtherGrp/TotalAmt0105558
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt0257646
IRS990/ForeignGrantsGrp/TotalAmt0257646
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MARIA CRISTINA VILLA
IRS990/Form990PartVIISectionAGrp/PersonNm1RAFFAELE VARDAVAS
IRS990/Form990PartVIISectionAGrp/PersonNm2VALTER LONGO
IRS990/Form990PartVIISectionAGrp/PersonNm3FABIO NECCO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsPayableGrp/BOYAmt0140000
IRS990/GrantsPayableGrp/EOYAmt070000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0238086
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt08887
IRS990/InformationTechnologyGrp/ProgramServicesAmt010904
IRS990/InformationTechnologyGrp/TotalAmt019791
IRS990/InsuranceGrp/ManagementAndGeneralAmt011872
IRS990/InsuranceGrp/ProgramServicesAmt05370
IRS990/InsuranceGrp/TotalAmt017242
IRS990/IntangibleAssetsGrp/BOYAmt0946601
IRS990/IntangibleAssetsGrp/EOYAmt0947158
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012922
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022361
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0109916
IRS990/LandBldgEquipCostOrOtherBssAmt0122838
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt014200
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt014200
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREATE CURES FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION DEDICATED TO THE PURPOSE OF PROMOTING CREATIVE, EDUCATIONAL AND SCIENTIFIC PROGRAMS AIMED AT ENSURING HEALTHY LIVES, IMPROVING THE WELL-BEING OF ALL AGES AND REDUCING MORTALITY DUE TO NONCOMMUNICABLE DISEASES LIKE CANCER, DIABETES, CARDIOVASCULAR AND NUERODEGENERATIVE DISEASE AS WELL AS OBESITY. WE WANT EVERYONE, EVEN PATIENTS WITHOUT FINANCIAL MEANS TO BE ABLE TO BENEFIT FROM NEW KNOWLEDGE AND LIVE A HEALTHY, LONG LIFE.THE FOUNDATION'S MISSION IS TO PREVENT ILLNESS AND PROMOTE LONGER, HEALTHIER, AND CONSEQUENTLY HAPPIER LIVES AS FUNDAMENTAL HUMAN RIGHTS AS DESCRIBED IN THE "UNIVERSAL DECLARATION OF HUMAN RIGHTS" PROCLAIMED BY THE UNITED NATIONS GENERAL ASSEMBLY IN PARIS IN 1948.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt02515820
IRS990/NetAssetsOrFundBalancesEOYAmt01750568
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01415820
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0699773
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0195577
IRS990/OccupancyGrp/TotalAmt0195577
IRS990/OfficeExpensesGrp/ProgramServicesAmt08876
IRS990/OfficeExpensesGrp/TotalAmt08876
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0402680
IRS990/OtherAssetsTotalGrp/EOYAmt0339100
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM ADMINISTRATION
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3COSTS INCURRED DUE TO ROYALTY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010217
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19778
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27044
IRS990/OtherExpensesGrp/ProgramServicesAmt035725
IRS990/OtherExpensesGrp/TotalAmt035725
IRS990/OtherExpensesGrp/TotalAmt110217
IRS990/OtherExpensesGrp/TotalAmt29778
IRS990/OtherExpensesGrp/TotalAmt37044
IRS990/OtherLiabilitiesGrp/EOYAmt032608
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt095000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt095000
IRS990/OtherRevenueTotalAmt095000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0219579
IRS990/OtherSalariesAndWagesGrp/TotalAmt0219579
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt014438
IRS990/PayrollTaxesGrp/TotalAmt014438
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01763
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02202
IRS990/PrincipalOfficerNm0VALTER LONGO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Clinic Program
IRS990/ProgramServiceRevenueGrp/Desc1Masterclass Program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011946
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011946
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1903
IRS990/ProgSrvcAccomActy2Grp/Desc0Assist patients and support the creation of a healthcare system that is efficient, effective and accessible to all-in particular for financially challenged individuals or those with serious health issues/ support charitable and educational programming, provide nutritional counseling, development and fulfillment of educational projects, courses and talks worldwide to find cures for diseases and educates the public on nutrition and healthy living based on real science.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0426730
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01185437
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0315775
IRS990/PYInvestmentIncomeAmt03097
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0791610
IRS990/PYOtherRevenueAmt0394230
IRS990/PYRevenuesLessExpensesAmt0305024
IRS990/PYSalariesCompEmpBnftPaidAmt0170355
IRS990/PYTotalExpensesAmt01277740
IRS990/PYTotalRevenueAmt01582764
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-765252
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt046503
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt046503
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01318895
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0469000
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: THE FOLLOWING FACTS DEMONSTRATE THAT THE ORGANIZATION SATIFIES THE FACTS AND CIRCUMSTANCES TEST OF REGULATION 1.170A-9(e)(3) AND QUALIFIES AS A PUBLIC CHARITY UNDER SECTIONS 509(a)(1) AND 170(b)(1)(A)(vi).- 10% OF SUPPORT LIMITATION. THE ORGANIZATION'S PUBLIC SUPPORT FOR THE PREVIOUS 4-YEAR PERIOD IS IN EXCESS OF THE 10% REQUIREMENT, CLEARLY QUALIFYING IT UNDER THE FACTS AND CIRCUMSTANCES TEST.- ATTRACTION OF PUBLIC SUPPORT: THE ORGANIZATION HAS PURSUED, SINCE ITS INCEPTION, A FUNDRAISING PROGRAM THAT RELIES ON GRANTS FROM INDIVIDUALS, CORPORATIONS, PRIVATE FOUNDATIONS AND OTHERS.- PERCENTAGE OF FINANCIAL SUPPORT: THE PUBLIC SUPPORT IS IN EXCESS OF THE 10% FLOOR BUT SHORT OF THE 33.33% WHICH WOULD HAVE MADE THE FACTS AND CIRCUMSTANCES DISCUSSION UNNECESSARY.- SOURCES OF SUPPORT: THE ORGANIZATION'S IMPORTANT WORK HAS ATTRACTED SUPPORT FROM PRIVATE FOUNDATIONS, INDIVIDUALS AND CORPORATIONS.CONCLUSION: BASED ON THE ABOVE INFORMATION, THE ORGANIZATION SATISFIES THE FACTS AND CIRCUMSTANCES TEST AND QUALIFIES AS A PUBLIC CHARITY. ITS PUBLIC SUPPORT PERCENTAGE IS IN EXCESS OF THE 10% REQUIREMENT.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt083729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0141437
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0696769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0946220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01868155
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046508
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0397327
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0530834
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0859532
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01834201
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt094999
IRS990ScheduleA/OtherIncome170Grp/TotalAmt094999
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.30690
IRS990ScheduleA/PublicSupportTotal170Amt01165491
IRS990ScheduleA/SubstantialContributorsTotAmt0702664
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt083729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0141437
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0696769
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0946220
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01868155
IRS990ScheduleA/TotalSupportAmt03797355
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/EquipmentGrp/BookValueAmt019233
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04503
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt023736
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt065370
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01462
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt066832
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0271767
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt150000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt217333
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Documentary
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Loan receivable - VLF
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Other receivables
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt025313
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06957
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt032270
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032608
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0109916
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0339100
IRS990ScheduleD/TotalLiabilityAmt032608
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0257646
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0RESEARCH & GENERAL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Italy
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0CASH
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0AGREEMENTS ARE IN PLACE FOR THE USE OF FUNDS BY THE FOREIGN ENTITIES.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt014200
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0REIMBURSE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt014200
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0VALTER LONGO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CHAIRMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0The organization funded two clinical research trials to study specific effects of L-Nutra products. Subsequently, it was determined that the research was applied research. L-Nutra assumed responsibility for the research and is fully reimbursing the organization the amount it expended on the research including interest at the applicable federal rate.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleL/TotalBalanceDueAmt014200
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT COPY OF THE TAX RETURN IS PROVIDED TO THE BOARD FOR THEIR REVIEW AND APPROVAL BEFORE FINALIZING FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FONDAZIONE VALTER LONGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt0VIA BORGOGNA 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm0MILANO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd0IT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd020122
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd0IT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RESEARCH AND NUTRITION
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0257646
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt150000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings