Civic Intelligence

Summit for STEM Cell Foundation

990EZ • Fiscal year 2021 • EIN 47-4279391

Jan 01, 2021 to Dec 31, 2021 • Filed on May 25, 2022

3455 Lone Jack RoadEncinitas, CA 92024

(858) 759-1610

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.04x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.12x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

14th percentile

-35%

Higher net margin than 14% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

28th percentile

-8.2%

Faster asset growth than 28% of similar nonprofits.

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

Revenue Growth

39th percentile

-8.4%

Faster revenue growth than 39% of similar nonprofits.

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

Assets

Down

$280,936

Down $24,996 (-8.2%) from 2020

Net Assets

Down

$269,826

Down $32,098 (-11%) from 2020

Liabilities

Up

$11,110

Up $7,102 (+177%) from 2020

Revenue

Down

$93,024

Down $8,568 (-8.4%) from 2020

Expenses

Up

$125,122

Up $42,066 (+51%) from 2020

Net Income

Down

-$32,098

Down $50,634 (-273%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $0Net Assets 2016: $02016Assets 2017: $515,456Liabilities 2017: $2,591Net Assets 2017: $512,8652017Assets 2018: $330,194Liabilities 2018: $129,563Net Assets 2018: $200,6312018Assets 2019: $284,329Liabilities 2019: $941Net Assets 2019: $283,3882019Assets 2020: $305,932Liabilities 2020: $4,008Net Assets 2020: $301,9242020Assets 2021: $280,936Liabilities 2021: $11,110Net Assets 2021: $269,8262021Assets 2022: $264,695Liabilities 2022: $2,332Net Assets 2022: $262,3632022Assets 2023: $234,118Liabilities 2023: $1,551Net Assets 2023: $232,5672023Assets 2024: $182,208Liabilities 2024: $617Net Assets 2024: $181,5912024

Highlighted filing

2021

Assets$280,936
Liabilities$11,110
Net Assets$269,826

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $02016Revenue 2017: $618,904Expenses 2017: $106,039Net Income 2017: $512,8652017Revenue 2018: $435,577Expenses 2018: $747,811Net Income 2018: -$312,2342018Revenue 2019: $171,487Expenses 2019: $88,730Net Income 2019: $82,7572019Revenue 2020: $101,592Expenses 2020: $83,056Net Income 2020: $18,5362020Revenue 2021: $93,024Expenses 2021: $125,122Net Income 2021: -$32,0982021Revenue 2022: $61,234Expenses 2022: $68,697Net Income 2022: -$7,4632022Revenue 2023: $73,253Expenses 2023: $103,049Net Income 2023: -$29,7962023Revenue 2024: $50,294Expenses 2024: $101,270Net Income 2024: -$50,9762024

Highlighted filing

2021

Revenue$93,024
Expenses$125,122
Net Income-$32,098
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 25, 2022
Return Version
2021v4.2
Gross Receipts
$117,510
Mission and Program Overview

Mission

The mission of the foundation is to support, educate and raise awareness about the development of today's and tomorrow's evidence-based regenerative medical therapies focused on parkinson's disease and other neurodegenerative disorders. It is our goal to empower patients, physicians and caregivers with information to elevate their understanding in order to better manage their care.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION SUPPORTS THE DEVELOPMENT OF TODAY'S AND TOMORROW'S EVIDENCE-BASED REGENERATIVE MEDICAL THERAPIES FOCUSED ON PARKINSON'S DISEASE AND OTHER NEURODEGENERATIVE DISORDERS.$0$44,286
THE FOUNDATION EDUCATES AND RAISES AWARENESS ABOUT THE DEVELOPMENT OF TODAY'S AND TOMORROW'S EVIDENCE-BASED REGENERATIVE MEDICAL THERAPIES FOCUSED ON PARKINSON'S DISEASE AND OTHER NEURODEGENERATIVE DISORDERS.$0$16,460
THE FOUNDATION SUPPORTS PATIENTS INVOLVED IN RESEARCH PROJECTS IN THE DEVELOPMENT OF TODAY'S AND TOMORROW'S EVIDENCE-BASED REGENERATIVE MEDICAL THERAPIES FOCUSED ON PARKINSON'S DISEASE AND OTHER NEURODEGENERATIVE DISORDERS.$0$320
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENIFER RAUBPresidentPT$0--
LIESE CORNWELLDirectorPT$0--
JANE MITCHELLDirector/Loa-$0--
ROBERT COPELANDDirector/Loa-$0--
ABIGAIL LAWLERMedical AdvisorPT$0--
DOUG MCQUEENMpr & Marketing AdvisorPT$0--
JANA GREENEAssistant Treasurer-$0--
KATHY BROMBACHERDirector-$0--
MATT RATTNERBusiness Advisor-$0--
MAYO STRAUSSFormer SecretaryPT$0--
RITA CEPONIENEMedical AdvisorPT$0--
STANLEY COHENTreasurerPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Backyard Concert$51,537$17,000$8,254$8,746
Moonlight$2,062$1,820-$1,820
Total Events$53,599$18,820$24,486$-5,666
Filing and Contact Details

Filer

Filer Name
Summit for Stem Cell Foundation
EIN
47-4279391
Phone
8587591610
Address
3455 LONE JACK ROAD, ENCINITAS, CA 92024

Signing Officer

Name
Jenifer Raub
Title
President
Phone
8587591610
Signed
2022-05-25
Discuss with paid preparer
Yes

Preparer

Firm
Considine & Considine
Address
8989 RIO SAN DIEGO DRIVE SUITE 250, SAN DIEGO, CA 92108-1604
Preparer
Richard Hotz
Phone
6192311977
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 2,835. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 2,835.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: various. Amount: 57.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office supplies. Amount: 4,881. Description: advertising & marketing. Amount: 26,810. Description: tax and licenses. Amount: 50. Description: insurance. Amount: 4,478. Description: bank charges. Amount: 5,428. Description: payroll taxes. Amount: 1,745. Description: payroll admin fees. Amount: 588. Description: event expenses. Amount: 2,437. Description: educational. Amount: 200. Description: return of grant funds. Amount: 1,164. Description: interest. Amount: 3. Description: travel. Amount: 235. Description: research expenses. Amount: 42,889. Total to form 990-ez, line 16: 90,908.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses. Beg. Of year amount: 1,797. End of year amount: 2,608. Description: undeposited funds. Beg. Of year amount: 6,500. End of year amount: 2,666.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accrued expenses. Beg. Of year amount: 4,008. End of year amount: 11,068. Description: credit card payable. Beg. Of year amount: 0. End of year amount: 42.

Raw XML Appendix245 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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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE FOUNDATION IS TO SUPPORT, EDUCATE AND RAISE AWARENESS ABOUT THE DEVELOPMENT OF TODAY'S AND TOMORROW'S EVIDENCE-BASED REGENERATIVE MEDICAL THERAPIES FOCUSED ON PARKINSON'S DISEASE AND OTHER NEURODEGENERATIVE DISORDERS. IT IS OUR GOAL TO EMPOWER PATIENTS, PHYSICIANS AND CAREGIVERS WITH INFORMATION TO ELEVATE THEIR UNDERSTANDING IN ORDER TO BETTER MANAGE THEIR CARE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION SUPPORTS THE DEVELOPMENT OF TODAY'S AND TOMORROW'S EVIDENCE-BASED REGENERATIVE MEDICAL THERAPIES FOCUSED ON PARKINSON'S DISEASE AND OTHER NEURODEGENERATIVE DISORDERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE FOUNDATION EDUCATES AND RAISES AWARENESS ABOUT THE DEVELOPMENT OF TODAY'S AND TOMORROW'S EVIDENCE-BASED REGENERATIVE MEDICAL THERAPIES FOCUSED ON PARKINSON'S DISEASE AND OTHER NEURODEGENERATIVE DISORDERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE FOUNDATION SUPPORTS PATIENTS INVOLVED IN RESEARCH PROJECTS IN THE DEVELOPMENT OF TODAY'S AND TOMORROW'S EVIDENCE-BASED REGENERATIVE MEDICAL THERAPIES FOCUSED ON PARKINSON'S DISEASE AND OTHER NEURODEGENERATIVE DISORDERS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 2,835. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 2,835.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: VARIOUS. AMOUNT: 57.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 4,881. DESCRIPTION: ADVERTISING & MARKETING. AMOUNT: 26,810. DESCRIPTION: TAX AND LICENSES. AMOUNT: 50. DESCRIPTION: INSURANCE. AMOUNT: 4,478. DESCRIPTION: BANK CHARGES. AMOUNT: 5,428. DESCRIPTION: PAYROLL TAXES. AMOUNT: 1,745. DESCRIPTION: PAYROLL ADMIN FEES. AMOUNT: 588. DESCRIPTION: EVENT EXPENSES. AMOUNT: 2,437. DESCRIPTION: EDUCATIONAL. AMOUNT: 200. DESCRIPTION: RETURN OF GRANT FUNDS. AMOUNT: 1,164. DESCRIPTION: INTEREST. AMOUNT: 3. DESCRIPTION: TRAVEL. AMOUNT: 235. DESCRIPTION: RESEARCH EXPENSES. AMOUNT: 42,889. TOTAL TO FORM 990-EZ, LINE 16: 90,908.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 1,797. END OF YEAR AMOUNT: 2,608. DESCRIPTION: UNDEPOSITED FUNDS. BEG. OF YEAR AMOUNT: 6,500. END OF YEAR AMOUNT: 2,666.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 4,008. END OF YEAR AMOUNT: 11,068. DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 42.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENIFER RAUB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08587591610
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUMMIT FOR STEM CELL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SUMM
ReturnHeader/Filer/EIN0474279391
ReturnHeader/Filer/PhoneNum08587591610
ReturnHeader/Filer/USAddress/AddressLine1Txt03455 LONE JACK ROAD
ReturnHeader/Filer/USAddress/CityNm0ENCINITAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092024
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952694444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONSIDINE & CONSIDINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08989 RIO SAN DIEGO DRIVE SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN DIEGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0921081604
ReturnHeader/PreparerPersonGrp/PhoneNum06192311977
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD HOTZ
ReturnHeader/ReturnTs02022-06-10T18:21:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RAUB
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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