Civic Intelligence

Solve Mecfs Initiative Inc

EIN 56-1683450 • 501(c)3 • Glendale, CA

Profile

To make me/cfs understood, diagnosable and treatable by stimulating research aimed at the early detection, objective diagnosis and effective treatment through public and private investment. Substantially all of the organization's revenue is derived from contributions from donors and other interested parties and grants from foundations.

350 N GLENDALE BLVD SUITE B Room 36Glendale, CA 91206

www.solvecfs.org

Siviq Scores

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

Liabilities / Assets

61st percentile

0.14x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

50th percentile

0.07x

Higher debt load relative to revenue than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

60th percentile

9.5%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

87th percentile

$178,843

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

50th percentile

3.3%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

50th percentile

7.4%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,074,263

Down $1,113,806 (-51%) from 2023

Liabilities

Down

$313,990

Down $171,916 (-35%) from 2023

Net Assets

Down

$760,273

Down $941,890 (-55%) from 2023

Revenue

Down

$1,947,106

Down $90,775 (-4.5%) from 2023

Expenses

Down

$2,847,006

Down $965,592 (-25%) from 2023

Net Income

Up

-$899,900

Up $874,817 (+49%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,133,588Liabilities 2011: $53,698Net Assets 2011: $1,079,8902011Assets 2012: $1,036,291Liabilities 2012: $100,368Net Assets 2012: $935,9232012Assets 2013: $1,803,772Liabilities 2013: $58,780Net Assets 2013: $1,744,9922013Assets 2014: $1,746,808Liabilities 2014: $81,956Net Assets 2014: $1,664,8522014Assets 2015: $1,172,410Liabilities 2015: $84,703Net Assets 2015: $1,087,7072015Assets 2016: $1,003,457Liabilities 2016: $69,503Net Assets 2016: $933,9542016Assets 2017: $879,527Liabilities 2017: $122,279Net Assets 2017: $757,2482017Assets 2018: $838,005Liabilities 2018: $163,735Net Assets 2018: $674,2702018Assets 2019: $1,434,405Liabilities 2019: $85,330Net Assets 2019: $1,349,0752019Assets 2020: $2,460,484Liabilities 2020: $295,849Net Assets 2020: $2,164,6352020Assets 2021: $1,880,953Liabilities 2021: $291,942Net Assets 2021: $1,589,0112021Assets 2022: $3,950,139Liabilities 2022: $430,039Net Assets 2022: $3,520,1002022Assets 2023: $2,188,069Liabilities 2023: $485,906Net Assets 2023: $1,702,1632023Assets 2024: $1,074,263Liabilities 2024: $313,990Net Assets 2024: $760,2732024

Highlighted filing

2024

Assets$1,074,263
Liabilities$313,990
Net Assets$760,273

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,219,911Expenses 2011: $1,119,645Net Income 2011: $100,2662011Expenses 2012: $1,248,1362012Revenue 2013: $2,281,889Expenses 2013: $1,470,852Net Income 2013: $811,0372013Revenue 2014: $1,316,641Expenses 2014: $1,396,781Net Income 2014: -$80,1402014Revenue 2015: $1,381,984Expenses 2015: $1,643,842Net Income 2015: -$261,8582015Revenue 2016: $620,843Expenses 2016: $575,295Net Income 2016: $45,5482016Revenue 2017: $1,798,173Expenses 2017: $1,925,767Net Income 2017: -$127,5942017Revenue 2018: $1,713,296Expenses 2018: $1,796,274Net Income 2018: -$82,9782018Revenue 2019: $2,596,294Expenses 2019: $1,921,489Net Income 2019: $674,8052019Revenue 2020: $3,669,548Expenses 2020: $2,788,306Net Income 2020: $881,2422020Revenue 2021: $2,192,325Expenses 2021: $2,767,949Net Income 2021: -$575,6242021Revenue 2022: $5,520,483Expenses 2022: $3,466,562Net Income 2022: $2,053,9212022Revenue 2023: $2,037,881Expenses 2023: $3,812,598Net Income 2023: -$1,774,7172023Revenue 2024: $1,947,106Expenses 2024: $2,847,006Net Income 2024: -$899,9002024

Highlighted filing

2024

Revenue$1,947,106
Expenses$2,847,006
Net Income-$899,900

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.31$0.76$1.95$2.85$0.90
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.49$1.70$2.04$3.81$1.77
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$0.43$3.52$5.52$3.47$2.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.29$1.59$2.19$2.77$0.58
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.30$2.16$3.67$2.79$0.88
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.09$1.35$2.60$1.92$0.67
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.16$0.67$1.71$1.80$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.12$0.76$1.80$1.93$0.13
2016Summary only. Only limited summary data is available for this year.$1.00$0.07$0.93$0.62$0.58$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.08$1.09$1.38$1.64$0.26
2014Summary only. Only limited summary data is available for this year.$1.75$0.08$1.66$1.32$1.40$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.80$0.06$1.74$2.28$1.47$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.10$0.94$1.25
2011Summary only. Only limited summary data is available for this year.$1.13$0.05$1.08$1.22$1.12$0.10
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.1
Gross Receipts
$3,674,180
Mission and Program Overview

Mission

The solve me/cfs initiative (solve m.e.) is a non-profit organization that serves as a catalyst for critical research into diagnostics, treatments, and cures for myalgic encephalomyelitis/chronic fatigue syndrome (me/cfs), long covid and other (continued on sch. O) post-infection diseases. Our work with the scientific, medical, and pharmaceutical communities, advocacy with government agencies, and alliances with patient groups around the world are laying the foundation for breakthroughs that can improve the lives of millions who suffer from various ''long haul'' diseases.

The solve me/cfs initiative smci is a leading organization focused on me/cfs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$140,038$1,596,763▲ $1,456,725
Cash and Non-Interest-Bearing Accounts$1,054,016$618,851▼ $435,165
Savings and Temporary Cash Investments$187,767$188,242▲ $475
Prepaid Expenses and Deferred Charges$28,532$37,756▲ $9,224
Investments Other Securities$18,559$18,030▼ $529
Investments in Publicly Traded Securities$4,025--
Land, Buildings, and Equipment, Net$1,468$842▼ $626
Total Assets$1,434,405$2,460,484▲ $1,026,079
Liabilities
Accounts Payable and Accrued Expenses$85,330$295,849▲ $210,519
Total Liabilities$85,330$295,849▲ $210,519
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,193,424$2,076,605▲ $883,181
Net Assets With Donor Restrictions$155,651$88,030▼ $67,621
Total Net Assets Fund Balance$1,349,075$2,164,635▲ $815,560
Total Liabilities and Net Assets / Fund Balance$1,434,405$2,460,484▲ $1,026,079

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$842$67,739$68,581

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$18,222-▼ $192-$18,030
2018$17,222$1,000--$18,222
2017$16,825$400▼ $3-$17,222
2016$15,543$200▲ $1,082-$16,825
2015$15,543---$15,543
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maryellen Gleason to May 2020Interim President and CEOFT$136,538$10,693$147,231
Sadie WhittakerChief Scientific OfficerFT$137,500-$137,500
Emily TaylorDirector of Advocacy and Community RelationsFT$101,154-$101,154

Board Members and Trustees

NameTitle
John NicolsChair
Oved Amitay From June 2020President and CEO
Victoria BoiesVice-chair
Amrit ShahzadBoard Member
Andrea BankoskiBoard Member
Carol HeadBoard Member
Janice StantonBoard Member
Jeffrey Tobias From January 2020Board Member
Karl Zeile From August 2019Board Member
Rick SproutBoard Member
Rona KramerBoard Member
William HasslerBoard Member
Barbara LubashSecretary
Mike AthertonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,667,511
Program Service Revenue
$0
Investment Income
$2,037
Other Revenue
$0
All Other Contributions
$3,362,753
Change in Net Assets
$881,242

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$45,144Sales Price
Total Noncash Contributions5$45,144-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,669,548
Revenue Not Reported on Form 990
$220,884
Total Revenue per Audited Statements
$3,890,432
Total Revenue per Form 990
$3,669,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,239,302
Other Expenses$1,183,667
Grants and Similar Amounts Paid$354,217
Total Fundraising Expense$200,002
Professional Fundraising Fees$11,120

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$648,334$93,094$9,646$751,074
Grants to Domestic Orgs$314,217--$314,217
Current Officers, Directors, Trustees, and Key Employees$81,979$109,306$81,976$273,261
Fees for Services Other$133,611$49,081$12,474$195,166
Information Technology$89,401$38,426$13,132$140,959
Other Employee Benefits$59,667$40,157$12,910$112,734
Payroll Taxes$40,000$29,539$13,895$83,434
Fees for Services Lobbying$80,953--$80,953
Office Expenses$37,762$28,749$12,241$78,752
Occupancy$33,741$26,212$11,081$71,034
Travel$54,043$10,616$4,490$69,149
Other Expenses$62,616$1,275$12,409$63,891
Foreign Grants$40,000--$40,000
Pension Plan Contributions$6,453$11,728$618$18,799
Fees for Services Accounting$7,363$5,720$2,418$15,501
Fees for Services Professional Fundraising--$11,120$11,120
Insurance$4,550$3,536$1,495$9,581
Depreciation Depletion$298$231$97$626
Total Functional Expenses$2,116,456$471,848$200,002$2,788,306

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,009,190
Expenses per Audited Statements$2,788,306
Total Expenses per Form 990$2,788,306
Expenses Not Reported on Form 990$220,884
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
UCLA FoundationLos Angeles, CA-To Conquer Me/cfs$50,000
Mass General Hospital - ResearchBoston, MA-To Conquer Me/cfs$40,000
Stanford UniversityRedwood City, CA-To Conquer Me/cfs$40,000
HudsonAlpha Institute for BiotechnologyBirmingham, AL-To Conquer Me/cfs$32,500
Univ of Massachusetts Medical SchoolWorcester, MA-To Conquer Me/cfs$27,500
University of VermontBurlington, VT-To Conquer Me/cfs$26,786
University of UtahSalt Lake, UT-To Conquer Me/cfs$22,500
Autoimmunity Research IncThousand Oaks, CA-To Conquer Me/cfs$20,000
Tufts UniversityMedford, MA-To Conquer Me/cfs$20,000
University of Nevada RenoReno, NV-To Conquer Me/cfs$20,000
Johns Hopkins University School of MedicineBaltimore, MD-To Conquer Me/cfs$14,931

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$11,120
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
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
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, Section B, Line 11B

The finance committee is responsible for reviewing the organizations form 990 and providing comments prior to it being submitted to the internal revenue service. All members of the board of directors receive a copy of the reviewed form 990 prior to its submission to the irs, but are not required to provide comments.

Form 990, Part V, Section C, Line 19

The organizations form 990 and annual report are available on its website www.solvecfs.org. The 990 is also available on guidestar. Upon request the organization will make available copies of its audited financial statements, form 1023, governing by-laws and conflicts of interest policy.

Form 990, Part VI, Section B, Line 15A

Employees of the organization undergo periodic performance and compensation reviews. Compensation level is determined upon performance, market and the financial position of the organization. The president performs all reviews except for the position of president whichis done by members of the professional staff recruiting and compensation committee. Thiscommittee is comprised of the executive committee of the board. To ensure salary compensation is comparable to similar organizations, the committee consults with published salary surveys,.

Form 990, Part VI, Section B, Line 15B

This is marked no since there were no other officers in the organization to which this applies

Form 990, Part VI, Section B, Line 12C

Directors are required to sign annual conflicts of interest forms, notify the organization of any conflicts of interest and recuse themselves from discussing or voting on any matters which are a conflict for them.

Filing and Contact Details

Filer

Filer Name
Solve Me Cfs Initiative Inc
EIN
56-1683450
Phone
7043640016
Address
350 N GLENDALE BLVD SUITE B Room 36, Glendale, CA 91206

Signing Officer

Name
Oved Amitay
Title
President and CEO
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Oved Amitay
Formed
1987
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
13
Employees
13
Volunteers
13

Preparer

Firm
Lewis Sharpstone & Co
Address
5850 CANOGA AVE SUITE 400, WOODLAND HILLS, CA 91367
Preparer
Lewis Sharpstone
Phone
8185701960
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

During the year ended june 30, 2020, smci determined that it had improperly reconciled and accounted for the balance in its primary checking account as of june 30, 2019. The correction of this error decreased cash and net assets without donor restriction as of june 30, 2019 by 65,682.

Form 990, Part III, Section 4A, Line 1

The most important accomplishment of the year was the launch of the testing version of the You ME Registry. It was developed with input from members of the community and experts over the past couple of years. You ME collects health information from people living with ME/CFS and controls. The registry platform includes a web-based user portal that allows for easy data entry, while protecting participant privacy. After a person with ME/ CFS or someone without the disease a control registers on the website, they can complete surveys that capture their health history, quality of life, other diagnoses, treatments and outcomes.

Form 990, Part III, Section 4A, Line 2

They can also use a tracking smartphone application app to capture their daily experience with the disease. The You ME registry is the first of its kind to be used specifically for ME/CFS and will provide an unparalleled research platform. This database may identify triggers or causes of the diseases, subgroups of patients and ultimately may be used to develop diagnostics and treatments. In Fall 2019, Solve M.E. announced it would fund seven studies in 2020 through the Ramsay program, welcoming over 30 investigators and collaborators, including a number of early career stage scientists. Over half of these research teams included a Principal Investigator PI leading an ME/CFS study for the first time. A Ramsay Network teleconference was hosted with presentations from National Institutes of Health NIH. The results of studies that received support from the Ramsay Grant Program were published in prestigious scientific journals. Bhupesh Prusty, PhD, Robert Naviaux, MD, PhD and an international team published findings in

Form 990, Part III, Section 4A, Line 3

ImmunoHorizons that Human Herpesvirus 6 HHV-6 could be driving cellular energy production problems in at least some people with ME/CFS. Carmen Scheibenbogen, MD, PHD published a genetic association study that suggests an association between autoimmunity genetic risk variants and people with infectious onset ME/CFS in Frontiers in Immunology. Published ME/CFS Research Two grant applications were submitted through the Congressionally Directed Medical Research Program CDMRP to use the registry data for research and to study the emerging COVID-19 crisis. This funding mechanism was made available for ME/CFS research as a result of our advocacy work.

Form 990, Part III, Section 4A, Line 4

Solve ME announced a partnership with the University of California, Los Angeles UCLA Iris Cantor Womens Health Center to issue an ME/CFS specific funding announcement through their Annual Health Pilot Program. They have a demonstrated record obtaining large NIH grans as follow on to the pilot projects. Approximately 27 million return on investment for 1 million invested.

Form 990, Part III, Section 4A, Line 5

Solve M.E. Chief Scientific Officer Dr. Sadie Whittaker presented on the YOU M.E. Registry at the 6th Annual Science Conference held by the UK CFS/M.E. Research Collaborative CMRC.

Form 990, Part III, Section 4B, Line 1

As part of our ongoing efforts to increase funding for ME/CFS at the federal level, Solve M.E. added five national coalition and advocacy partnerships designed to accelerate our strategies to appropriate funds for ME/CFS medical research. As part of our expanded advocacy impact, Solve M.E. worked with our ME/CFS constituents to deliver 5,031 online messages to Congress. Together with expanded coalitions and communication programs, Solve M.E. worked to influence congressional appropriations actions and educate regarding paid family leave and telehealth legislation and Coronavirus legislation including dedicated relief for federally funded research.

Form 990, Part III, Section 4B, Line 2

The 4th Annual ME/CFS Advocacy week and Advocacy Day was moved to a virtual platform due to the coronavirus outbreak. 318 registered ME/CFS patient, caregivers, and supporters attended a record 245 meetings with members of U.S. Congress and their staff. In addition to sharing their personal experiences with ME/CFS, participants called on Congress to increase funding for biomedical research programs targeting COVID-19 patients who develop ME/CFS.

Form 990, Part III, Section 4B, Line 3

Through Solve MEs new online action toolkit, 111 people took action on Twitter and the custom ME/CFS awareness GIF was viewed 109,846 times. As part of the weeks activities, Solve M.E. hosted the second annual EmPOWER M.E. patient education roundtable. This years there was How to Navigate Disability Insurance with ME/CFS. The webinar roundtable was livestreamed and is now available on the Solve M.E YouTube channel. This years event also featured online office hours afterwards where two EmPOWER M.E panelists answered specific questions regarding disability claims and other issues.

Form 990, Part III, Section 4B, Line 4

Following advocacy educational presentations, community mobilization, and constituent meetings, several legislators took action to support people with ME/CFS, including Senator Ed Markey and Congressman Jamie Raskin

Form 990, Part III, Section 4B, Line 5

Solve M.E. launched the inaugural cohort of the Community Advisory Council CAC with 14 community members and advocates from across the United States and Canada. The CAC is a volunteer working group that provides guidance and recommendations on numerous Solve M.E. programs. It serves as an inclusive partner platform to facilitate the input, dialogue, and collaborations with representatives of the ME/CFS community.

Form 990, Part III, Section 4B, Line 6

In its first year, members of the CAC worked with Solve M.E. staff on issues related to ME/CFS advocacy, education, and engagement and were available to review applications for funding through the EmPOWER M.E. micro grant program.

Form 990, Part III, Section 4B, Line 7

Expansion of Solve M.E.s advocacy education program continued by creating and staging 6 in-person and online medical and community education presentations designed to train the ME/CFS community on contacting representatives and effective modes of communicating key ME/CFS issues. Solve M.E. also created a new page on its website, COVID-19 and the ME/CFS Community, to provide updates. information and resources during the pandemic.

Financial Statement Notes

X 2

Solve m.e. Is incorporated as a nonprofit voluntary health agency under the laws of the state of north carolina and qualified to transact intrastate business in the state of california. Further, solve m.e. Is exempt from federal income tax as an organization described in section 501c3 of the internal revenue code and qualifies as a public charity under code sections 509a1 and 170b1avi. Accounting standards require an organization to evaluate its tax positions and provide for a liability for any positions that would not be considered more likely than not to be upheld under a tax authority examination. Management has evaluated its tax positions and has concluded that a provision for a tax liability is not necessary at june 30, 2020. Generally, solve m.e.s information returns remain open for examination for a period of three federal or four state of california years from the date of filing.

V 4

The purpose of the organizations endowment fund is to secure the future of solve m.e and support its programs and operations

Raw XML AppendixShowing 400 of 723 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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