Civic Intelligence

Met Ed Co

990 • Fiscal year 2021 • EIN 47-3204389

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 31, 2022

1111 Pearl Street STE 203Boulder, CO 80302

(720) 308-4258

Siviq Scores

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

Liabilities / Assets

94th percentile

0.96x

Higher debt load relative to assets than 94% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.17x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

28th percentile

0.1%

Higher net margin than 28% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

1st percentile

-75%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

173%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$152,351

Down $461,642 (-75%) from 2020

Net Assets

Up

$6,851

Up $481 (+7.6%) from 2020

Liabilities

Down

$145,500

Down $462,123 (-76%) from 2020

Revenue

Up

$834,590

Up $529,327 (+173%) from 2020

Expenses

Up

$834,109

Up $526,692 (+171%) from 2020

Net Income

Up

$481

Up $2,635 (+122%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $192,958Liabilities 2015: $140,551Net Assets 2015: $52,4072015Assets 2016: $403,610Liabilities 2016: $402,004Net Assets 2016: $1,6062016Assets 2017: $608,072Liabilities 2017: $604,064Net Assets 2017: $4,0082017Assets 2018: $704,115Liabilities 2018: $695,821Net Assets 2018: $8,2942018Assets 2019: $231,952Liabilities 2019: $223,428Net Assets 2019: $8,5242019Assets 2020: $613,993Liabilities 2020: $607,623Net Assets 2020: $6,3702020Assets 2021: $152,351Liabilities 2021: $145,500Net Assets 2021: $6,8512021Assets 2022: $159,289Liabilities 2022: $152,110Net Assets 2022: $7,1792022Assets 2023: $168,290Liabilities 2023: $161,021Net Assets 2023: $7,2692023Assets 2024: $420,234Liabilities 2024: $403,074Net Assets 2024: $17,1602024

Highlighted filing

2021

Assets$152,351
Liabilities$145,500
Net Assets$6,851

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $139,850Expenses 2015: $87,443Net Income 2015: $52,4072015Revenue 2016: $270,749Expenses 2016: $321,676Net Income 2016: -$50,9272016Revenue 2017: $557,212Expenses 2017: $554,809Net Income 2017: $2,4032017Revenue 2018: $851,453Expenses 2018: $847,167Net Income 2018: $4,2862018Revenue 2019: $947,646Expenses 2019: $947,416Net Income 2019: $2302019Revenue 2020: $305,263Expenses 2020: $307,417Net Income 2020: -$2,1542020Revenue 2021: $834,590Expenses 2021: $834,109Net Income 2021: $4812021Revenue 2022: $378,081Expenses 2022: $377,753Net Income 2022: $3282022Revenue 2023: $440,700Expenses 2023: $440,610Net Income 2023: $902023Revenue 2024: $432,401Expenses 2024: $422,510Net Income 2024: $9,8912024

Highlighted filing

2021

Revenue$834,590
Expenses$834,109
Net Income$481
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 31, 2022
Return Version
2021v4.2
Gross Receipts
$834,590
Mission and Program Overview

Mission

Education for patients with chronic disease

Met Eds mission is to improve lives through education of clinicians, patients and families in the control and management of chronic disease and disability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$322,494$80,976▼ $241,518
Accounts Receivable$71,000$53,929▼ $17,071
Prepaid Expenses and Deferred Charges$220,499$17,446▼ $203,053
Rtn Earn Endowment Incm Other Fnds$6,370$6,851▲ $481
Total Assets$613,993$152,351▼ $461,642
Liabilities
Deferred Revenue$605,373$144,000▼ $461,373
Accounts Payable and Accrued Expenses$2,250$1,500▼ $750
Total Liabilities$607,623$145,500▼ $462,123
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,370$6,851▲ $481
Total Liabilities and Net Assets / Fund Balance$613,993$152,351▼ $461,642
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frances RohrManaging Partner
Laurie E BernsteinManaging Partner
Revenue and Support

Revenue Composition

Contributions and Grants
$756,902
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$77,688
All Other Contributions
$756,902
Change in Net Assets
$481
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$834,109
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$825,543--$825,543
Other Expenses---$4,587
All Other Expenses---$3,250
Total Functional Expenses$825,543$0$0$834,109
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
No
Annual disclosure for covered persons
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
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
Filing and Contact Details

Filer

Filer Name
Met Ed Co
EIN
47-3204389
Address
1111 Pearl Street STE 203, Boulder, CO 80302

Signing Officer

Name
Laurie E Bernstein
Title
Director
Signed
2022-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurie E Bernstein
Formed
2015
Legal Domicile
Co
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Howard O Bernstein PC
Address
1111 Pearl Street Suite 203, Boulder, CO 80302
Preparer
Howard O Bernstein
Phone
3034943321
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 53,800, Grants and allocations 54,040, Revenue 0 Acer Focus Group. Met Ed held two one-hour virtual focus groups in 2020. This focus group of metabolic dietitians were asked to review a video on the administration of ACER-0001 and discuss its advantages and disadvantages. Each virtual focus group consisted of five to six expert metabolic dietitians who manage patients with UCD. Dietitians who have taken the survey are the first to be invited. Acer Therapeutics personnel may observe, if they desire. The focus group discussed the survey results and examined whether a new medical management option is acceptable to incorporate into clinical practice. Met Ed developed a discussion guide and facilitated the program. In addition, the group explored which educational materials dietitians would need to feel comfortable discussing the use of ACER-001 with their patients.

Form 990, Part III, Line 4D

Program Service Expenses 51,884, Grants and allocations 52,500, Revenue 0 Acer Landscape. Met Ed created and implemented a survey of metabolic dietitians and physicians regarding their opinion about the use of ACER-001 for treating patients with urea cycle disorders. The survey was sent to 12 metabolic dietitians and six metabolic physicians who Met Ed identified as key opinion leaders in the treatment of urea cycle disorders.

Form 990, Part III, Line 4D

Program Service Expenses 28,106, Grants and allocations 29,250, Revenue 0 GMDI Breakfast Symposium. Met Ed developed, coordinated and presented a Continuing Professional Education CPE eliglble breakfast symposium at the GMDI Conference. Learning objections of the program included the following understanding the nutritional and developmental transitions in the diets of infants with PKU during the first year of life, describing the various methods of introducing the simplified diet for PKU in infancy, and comparing and contrasting medical food options for meeting nutritional needs for infants with PKU who are over the age of six months.

Form 990, Part III, Line 4D

Program Service Expenses 237,019, Grants and allocations 239,499, Revenue 0 Acer Focus Group Europe. Met Ed held two one-hour virtual focus groups in 2020. This focus group of metabolic dietitians were asked to review a video on the administration of ACER-0001 and discuss its advantages and disadvantages. Each virtual focus group consisted of five to six expert metabolic dietitians who manage patients with UCD. Dietitians who have taken the survey are the first to be invited. Acer Therapeutics personnel may observe, if they desire. The focus group discussed the survey results and examined whether a new medical management option is acceptable to incorporate into clinical practice. Met Ed developed a discussion guide and facilitated the program. In addition, the group explored which educational materials dietitians would need to feel comfortable discussing the use of ACER-001 with their patients.

Form 990, Part III, Line 4D

Program Service Expenses 63,076, Grants and allocations 64,500, Revenue 0 Ultragenyx Webinar

Form 990, Part III, Line 4D

Program Service Expenses 500, Grants and allocations 1,500, Revenue 0 Nutricia Virtual Training Workshop-Met Ed virtually provides resources or self-study and basic training on phenylketonuria diet management to new dietitians.

Form 990, Part III, Line 4D

Program Service Expenses 315, Grants and allocations 0, Revenue 538 Stepping Up Your Protein--This book is a guide for learning about adding protein to ones diet. The traditional diet management of PKU is based on limiting protein from food while taking a metabolic formula to complete ones protein needs. With medical management now available to help maintain blood Phenylalinine in the target range, this tool is intended to help with the transition from ones current diet to meeting ones protein needs with food in conjunction with medical management.

Raw XML Appendix340 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 53,800, Grants and allocations 54,040, Revenue 0 Acer Focus Group. Met Ed held two one-hour virtual focus groups in 2020. This focus group of metabolic dietitians were asked to review a video on the administration of ACER-0001 and discuss its advantages and disadvantages. Each virtual focus group consisted of five to six expert metabolic dietitians who manage patients with UCD. Dietitians who have taken the survey are the first to be invited. Acer Therapeutics personnel may observe, if they desire. The focus group discussed the survey results and examined whether a new medical management option is acceptable to incorporate into clinical practice. Met Ed developed a discussion guide and facilitated the program. In addition, the group explored which educational materials dietitians would need to feel comfortable discussing the use of ACER-001 with their patients.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Service Expenses 51,884, Grants and allocations 52,500, Revenue 0 Acer Landscape. Met Ed created and implemented a survey of metabolic dietitians and physicians regarding their opinion about the use of ACER-001 for treating patients with urea cycle disorders. The survey was sent to 12 metabolic dietitians and six metabolic physicians who Met Ed identified as key opinion leaders in the treatment of urea cycle disorders.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Service Expenses 28,106, Grants and allocations 29,250, Revenue 0 GMDI Breakfast Symposium. Met Ed developed, coordinated and presented a Continuing Professional Education CPE eliglble breakfast symposium at the GMDI Conference. Learning objections of the program included the following understanding the nutritional and developmental transitions in the diets of infants with PKU during the first year of life, describing the various methods of introducing the simplified diet for PKU in infancy, and comparing and contrasting medical food options for meeting nutritional needs for infants with PKU who are over the age of six months.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Service Expenses 237,019, Grants and allocations 239,499, Revenue 0 Acer Focus Group Europe. Met Ed held two one-hour virtual focus groups in 2020. This focus group of metabolic dietitians were asked to review a video on the administration of ACER-0001 and discuss its advantages and disadvantages. Each virtual focus group consisted of five to six expert metabolic dietitians who manage patients with UCD. Dietitians who have taken the survey are the first to be invited. Acer Therapeutics personnel may observe, if they desire. The focus group discussed the survey results and examined whether a new medical management option is acceptable to incorporate into clinical practice. Met Ed developed a discussion guide and facilitated the program. In addition, the group explored which educational materials dietitians would need to feel comfortable discussing the use of ACER-001 with their patients.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Program Service Expenses 63,076, Grants and allocations 64,500, Revenue 0 Ultragenyx Webinar
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Program Service Expenses 500, Grants and allocations 1,500, Revenue 0 Nutricia Virtual Training Workshop-Met Ed virtually provides resources or self-study and basic training on phenylketonuria diet management to new dietitians.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Program Service Expenses 315, Grants and allocations 0, Revenue 538 Stepping Up Your Protein--This book is a guide for learning about adding protein to ones diet. The traditional diet management of PKU is based on limiting protein from food while taking a metabolic formula to complete ones protein needs. With medical management now available to help maintain blood Phenylalinine in the target range, this tool is intended to help with the transition from ones current diet to meeting ones protein needs with food in conjunction with medical management.
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