Civic Intelligence

Spoonbill Foundation

990 • Fiscal year 2022 • EIN 81-5080532

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 10, 2023

Organization Profilespoonbillfoundation.org
c/o Immix Law Group 600 Naito PkwyPortland, OR 97209

(503) 802-5522

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

1st percentile

-1427%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

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

Asset Growth

8th percentile

-25%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets31st percentile

Assets

Down

$784,550

Down $259,304 (-25%) from 2021

Net Assets

Down

$784,550

Down $259,304 (-25%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin1st percentile

Revenue

Down

$18,165

Down $71,374 (-80%) from 2021

Expenses

Up

$277,469

Up $40,258 (+17%) from 2021

Net Income

Down

-$259,304

Down $111,632 (-76%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $120,517Liabilities 2017: $02017Assets 2018: $929,746Liabilities 2018: $0Net Assets 2018: $929,7462018Assets 2019: $1,534,633Liabilities 2019: $0Net Assets 2019: $1,534,6332019Assets 2020: $1,191,526Liabilities 2020: $0Net Assets 2020: $1,191,5262020Assets 2021: $1,043,854Liabilities 2021: $0Net Assets 2021: $1,043,8542021Assets 2022: $784,550Liabilities 2022: $0Net Assets 2022: $784,5502022Assets 2023: $780,647Liabilities 2023: $0Net Assets 2023: $780,6472023Assets 2024: $801,717Liabilities 2024: $0Net Assets 2024: $801,7172024

Highlighted filing

2022

Assets$784,550
Liabilities$0
Net Assets$784,550
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $153,070Expenses 2017: $32,553Net Income 2017: $120,5172017Revenue 2018: $1,162,601Expenses 2018: $112,338Net Income 2018: $1,050,2632018Revenue 2019: $1,983,394Expenses 2019: $387,780Net Income 2019: $1,595,6142019Revenue 2020: $134,485Expenses 2020: $477,592Net Income 2020: -$343,1072020Revenue 2021: $89,539Expenses 2021: $237,211Net Income 2021: -$147,6722021Revenue 2022: $18,165Expenses 2022: $277,469Net Income 2022: -$259,3042022Revenue 2023: $28,847Expenses 2023: $32,750Net Income 2023: -$3,9032023Revenue 2024: $24,611Expenses 2024: $3,541Net Income 2024: $21,0702024

Highlighted filing

2022

Revenue$18,165
Expenses$277,469
Net Income-$259,304
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 10, 2023
Return Version
2022v5.0
Gross Receipts
$18,165
Mission and Program Overview

Mission

To discover, develop, and deliver therapeutics for PKAN and all NBIA disorders in partnership with the NBIA community as swiftly as possible and at the lowest cost.

Development of compounds to improve the health of people with rare neurodegenerative disorders, including PKAN

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,043,854$784,550▼ $259,304
Cap Stk Tr Prin Current Funds$1,043,854$784,550▼ $259,304
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,043,854$784,550▼ $259,304
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,043,854$784,550▼ $259,304
Total Liabilities and Net Assets / Fund Balance$1,043,854$784,550▼ $259,304
Compensation and Service Providers
Top Officer Pay53rd percentile

Board Members and Trustees

NameTitle
Janet WeinerPresident
Harm Jan HektorDirector
Oda Cornelia Maria SibonDirector
Lynn BakerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$17,914
Program Service Revenue
$0
Investment Income
$251
Other Revenue
$0
All Other Contributions
$17,914
Change in Net Assets
$-259,304
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$277,469
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
Other Expenses$220,682$0$0$220,682
Fees for Services Other$56,672$0$0$56,672
Total Functional Expenses$277,469$0$0$277,469
International Activity

International Summary

Offices
0
Employees
0
Spending
$220,682

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram Servicessynthesis of GMP-grade active compound for clinical trial, stability testing of same00$220,682
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 President has seen and reviewed and approved this filing. Other Directors have verbally approved.”

Form 990, Part VI, Section C, Line 19

“documents are available for review upon request”

Filing and Contact Details

Filer

Filer Name
Spoonbill Foundation
EIN
81-5080532
Phone
5038025522
Address
c/o Immix Law Group 600 Naito Pkwy, Portland, OR 97209

Signing Officer

Name
Susan Hayflick
Title
recorder and cashier
Phone
5038025533
Signed
2023-09-10

Organization Details

Principal Officer
Janet Weiner
Formed
2017
Legal Domicile
Or
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
6
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“clinical trial costs”

Raw XML AppendixShowing 400 of 512 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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IRS990/Form990PartVIISectionAGrp/PersonNm1Lynn Baker
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IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Janet Weiner
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt088695
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0844
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0237211
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-147672
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0237211
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt089539
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-259304
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt022127
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01043854
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0784550
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt022127
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt088695
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0134485
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0990727
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01162601
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02398635
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0251
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0844
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02152
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01940
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0640
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05827
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0251
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0844
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02152
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01940
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0640
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05827
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt02398635
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt022127
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt088695
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0134485
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0990727
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01162601
IRS990ScheduleA/Total509Grp/TotalAmt02398635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt022378
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt089539
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0136637
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0992667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01163241
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02404462

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$784,550
Liabilities
$0
Net assets
$784,550
Revenue
$18,165
Expenses
$277,469
Net income
-$259,304
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.02$0.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.03$0.03$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.02$0.28$0.26
2021Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.09$0.24$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.13$0.48$0.34
2019Summary only. Only limited summary data is available for this year.$1.53$0.00$1.53$1.98$0.39$1.60
2018Summary only. Only limited summary data is available for this year.$0.93$0.00$0.93$1.16$0.11$1.05
2017Summary only. Only limited summary data is available for this year.$0.12$0.00$0.15$0.03$0.12