Civic Intelligence

N-Lorem Foundation

990 • Fiscal year 2020 • EIN 84-3288113

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 05, 2021

Organization Profilewww.nlorem.org

View Organization Page

2888 Loker Ave East 113Carlsbad, CA 92010

(760) 552-7113

Siviq Scores

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

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.02x

Higher debt load relative to revenue than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

69th percentile

$171,075

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

95th percentile

117%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

81st percentile

28%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$8,940,657

Up $4,826,657 (+117%) from 2019

Net Assets

Up

$8,829,807

Up $4,772,010 (+118%) from 2019

Liabilities

Up

$110,850

Up $54,647 (+97%) from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin98th percentile

Revenue

Up

$5,284,720

Up $1,161,758 (+28%) from 2019

Expenses

Up

$395,655

Up $330,490 (+507%) from 2019

Net Income

Up

$4,889,065

Up $831,268 (+20%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$30M$20M$10M$0Assets 2019: $4,114,000Liabilities 2019: $56,203Net Assets 2019: $4,057,7972019Assets 2020: $8,940,657Liabilities 2020: $110,850Net Assets 2020: $8,829,8072020Assets 2021: $10,417,681Liabilities 2021: $327,701Net Assets 2021: $10,089,9802021Assets 2022: $20,440,931Liabilities 2022: $1,660,292Net Assets 2022: $18,780,6392022Assets 2023: $13,344,649Liabilities 2023: $1,916,235Net Assets 2023: $11,428,4142023Assets 2024: $12,276,482Liabilities 2024: $5,642,293Net Assets 2024: $6,634,1892024

Highlighted filing

2020

Assets$8,940,657
Liabilities$110,850
Net Assets$8,829,807
Open 2020 Filing

Operations Trend

Revenue Growth81st percentile

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

$20M$10M$0-$10MRevenue 2019: $4,122,962Expenses 2019: $65,165Net Income 2019: $4,057,7972019Revenue 2020: $5,284,720Expenses 2020: $395,655Net Income 2020: $4,889,0652020Revenue 2021: $2,993,351Expenses 2021: $1,622,366Net Income 2021: $1,370,9852021Revenue 2022: $17,644,122Expenses 2022: $8,953,463Net Income 2022: $8,690,6592022Revenue 2023: $6,864,176Expenses 2023: $14,216,401Net Income 2023: -$7,352,2252023Revenue 2024: $11,008,892Expenses 2024: $15,803,117Net Income 2024: -$4,794,2252024

Highlighted filing

2020

Revenue$5,284,720
Expenses$395,655
Net Income$4,889,065
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 5, 2021
Return Version
2020v4.0
Gross Receipts
$5,284,720
Mission and Program Overview

Mission

n-Lorems mission is to apply the efficiency, versatility and specificity of antisense technology to charitably provide experimental antisense oligonucleotides (ASO) medicines to treat patients with ultra-rare diseases (10 patients).

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,098,132$7,597,585▲ $4,499,453
Pledges and Grants Receivable-$730,248-
Cash and Non-Interest-Bearing Accounts$1,014,936$599,357▼ $415,579
Prepaid Expenses and Deferred Charges$932$13,392▲ $12,460
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,114,000$8,940,657▲ $4,826,657
Other Assets Total-$75-
Liabilities
Accounts Payable and Accrued Expenses$56,203$110,850▲ $54,647
Total Liabilities$56,203$110,850▲ $54,647
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,057,797$8,829,807▲ $4,772,010
Total Net Assets Fund Balance$4,057,797$8,829,807▲ $4,772,010
Total Liabilities and Net Assets / Fund Balance$4,114,000$8,940,657▲ $4,826,657
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tracy M JohnsonExecutive DirectorFT$155,125$15,950$171,075

Board Members and Trustees

NameTitle
Stanley T CrookeChair/CEO
Frank BennettBoard Member
Joseph LoscalzoBoard Member
Michael HaydenBoard Member
Michel VounatsosBoard Member
Rosanne CrookeBoard Member
Spencer BerthelsenBoard Member
Karen ChenDirector
Lynne ParshallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,270,262
Program Service Revenue
$0
Investment Income
$14,458
Other Revenue
$0
All Other Contributions
$5,270,262
Change in Net Assets
$4,889,065

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$117,055Fair Market Value (FMV)
Total Noncash Contributions$117,055-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,284,720
Total Revenue per Audited Statements
$5,284,720
Total Revenue per Form 990
$5,284,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$199,653
Salaries, Compensation, and Employee Benefits$196,002
Total Fundraising Expense$90,582
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$105,245$26,311$43,852$175,408
Office Expenses$25,493$5,608$30,650$61,751
Insurance$21,058$5,264$8,774$35,096
Fees for Services Accounting-$18,248-$18,248
Payroll Taxes$7,462$1,865$3,109$12,436
Other Employee Benefits$4,895$1,224$2,039$8,158
Fees for Services Other-$5,700-$5,700
Other Expenses$74,166-$1,568$1,568
Occupancy$765$191$319$1,275
Information Technology$650$163$271$1,084
Fees for Services Legal-$765-$765
Total Functional Expenses$239,734$65,339$90,582$395,655

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$512,710
Expenses per Audited Statements$395,655
Total Expenses per Form 990$395,655
Expenses Not Reported on Form 990$117,055
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Stanley and Rosanne Crooke have a family relationship.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is prepared by audit firm and provided to the board of directors prior to filing.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation of the executive director is determined with the assistance of an hr specialist.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
n-Lorem Foundation
EIN
84-3288113
Phone
7605527113
Address
2888 Loker Ave East 113, Carlsbad, CA 92010

Signing Officer

Name
Stanley T Crooke
Title
Chair/CEO
Signed
2021-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stanley T Crooke
Formed
2019
Legal Domicile
De
Voting Board Members
9
Independent Board Members
7
Employees
1

Preparer

Firm
YSR CPA Group PC
Address
2529 Foothill Blvd Suite 212, La Crescenta, CA 91214
Preparer
Emin Shahbazian CPA
Phone
8183309752
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization follows the provision of uncertain tax positions as addressed in FASB Accounting Standards Codification. The Organization recognizes accrued interest and penalties associated with uncertain tax positions as part of the income tax provision, when applicable. The Organization believes that it has taken no significant uncertain tax positions for the year ended December 31, 2020”

Raw XML AppendixShowing 400 of 457 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/BOYAmt056203
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0110850
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0n-Lorems mission is to apply the efficiency, versatility and specificity of antisense technology to charitably provide experimental antisense oligonucleotides (ASO) medicines to treat patients with ultra-rare diseases (10 patients).
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt05270262
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Tracy Johnson
IRS990/BooksInCareOfDetail/PhoneNum07605527113
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02888 Loker Ave East Ste 113
IRS990/BooksInCareOfDetail/USAddress/CityNm0Carlsbad
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092010
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01014936
IRS990/CashNonInterestBearingGrp/EOYAmt0599357
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt043852
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt026311
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0105245
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0175408
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05270262
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt014458
IRS990/CYOtherExpensesAmt0199653
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt04889065
IRS990/CYSalariesCompEmpBnftPaidAmt0196002
IRS990/CYTotalExpensesAmt0395655
IRS990/CYTotalFundraisingExpenseAmt090582
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05284720
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0To provide advanced, experimental RNA-targeted medicines free of charge for life to patients living with ultra-rare diseases.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonatedServicesAndUseFcltsAmt0-117055
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0239734
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018248
IRS990/FeesForServicesAccountingGrp/TotalAmt018248
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0765
IRS990/FeesForServicesLegalGrp/TotalAmt0765
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05700
IRS990/FeesForServicesOtherGrp/TotalAmt05700
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
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/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt47.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt015950
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Tracy M Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm1Stanley T Crooke
IRS990/Form990PartVIISectionAGrp/PersonNm2Lynne Parshall
IRS990/Form990PartVIISectionAGrp/PersonNm3Rosanne Crooke
IRS990/Form990PartVIISectionAGrp/PersonNm4Frank Bennett
IRS990/Form990PartVIISectionAGrp/PersonNm5Michael Hayden
IRS990/Form990PartVIISectionAGrp/PersonNm6Spencer Berthelsen
IRS990/Form990PartVIISectionAGrp/PersonNm7Karen Chen
IRS990/Form990PartVIISectionAGrp/PersonNm8Michel Vounatsos
IRS990/Form990PartVIISectionAGrp/PersonNm9Joseph Loscalzo
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0155125
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05284720
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0271
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0163
IRS990/InformationTechnologyGrp/ProgramServicesAmt0650
IRS990/InformationTechnologyGrp/TotalAmt01084
IRS990/InsuranceGrp/FundraisingAmt08774
IRS990/InsuranceGrp/ManagementAndGeneralAmt05264
IRS990/InsuranceGrp/ProgramServicesAmt021058
IRS990/InsuranceGrp/TotalAmt035096
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt014458
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014458
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0n-Lorems mission is to apply the efficiency, versatility and specificity of antisense technology to charitably provide experimental antisense oligonucleotides (ASO) medicines to treat patients with ultra-rare diseases (10 patients).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04057797
IRS990/NetAssetsOrFundBalancesEOYAmt08829807
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04057797
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08829807
IRS990/NoncashContributionsAmt0117055
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0319
IRS990/OccupancyGrp/ManagementAndGeneralAmt0191
IRS990/OccupancyGrp/ProgramServicesAmt0765
IRS990/OccupancyGrp/TotalAmt01275
IRS990/OfficeExpensesGrp/FundraisingAmt030650
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05608
IRS990/OfficeExpensesGrp/ProgramServicesAmt025493
IRS990/OfficeExpensesGrp/TotalAmt061751
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt075
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02039
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01224
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04895
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08158
IRS990/OtherExpensesGrp/Desc0DIRECT PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/FundraisingAmt01568
IRS990/OtherExpensesGrp/ProgramServicesAmt074166
IRS990/OtherExpensesGrp/TotalAmt074166
IRS990/OtherExpensesGrp/TotalAmt11568
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03109
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01865
IRS990/PayrollTaxesGrp/ProgramServicesAmt07462
IRS990/PayrollTaxesGrp/TotalAmt012436
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0730248
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0932
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013392
IRS990/PrincipalOfficerNm0Stanley T Crooke
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04120394
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02568
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt049669
IRS990/PYRevenuesLessExpensesAmt04057797
IRS990/PYSalariesCompEmpBnftPaidAmt015496
IRS990/PYTotalExpensesAmt065165
IRS990/PYTotalRevenueAmt04122962
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt04889065
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03098132
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07597585
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05270262
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04120394
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09390656
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014458
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02568
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt017026
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt09390656
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05270262
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04120394
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09390656
IRS990ScheduleA/TotalSupportAmt09407682
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/DonatedServicesUseFcltsAmt0117055
IRS990ScheduleD/ExpensesNotReportedAmt0117055
IRS990ScheduleD/ExpensesSubtotalAmt0395655
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt05284720
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization follows the provision of uncertain tax positions as addressed in FASB Accounting Standards Codification. The Organization recognizes accrued interest and penalties associated with uncertain tax positions as part of the income tax provision, when applicable. The Organization believes that it has taken no significant uncertain tax positions for the year ended December 31, 2020
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt0395655
IRS990ScheduleD/TotalRevenuePerForm990Amt05284720
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05284720
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0512710
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0155125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08158
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Tracy M Johnson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0171075
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0DONATED SERVICE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0117055
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Stanley and Rosanne Crooke have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY AUDIT FIRM AND PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED WITH THE ASSISTANCE OF AN HR SPECIALIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04114000
IRS990/TotalAssetsEOYAmt08940657
IRS990/TotalAssetsGrp/BOYAmt04114000
IRS990/TotalAssetsGrp/EOYAmt08940657
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt05270262
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt090582
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065339
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0239734
IRS990/TotalFunctionalExpensesGrp/TotalAmt0395655
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt056203
IRS990/TotalLiabilitiesEOYAmt0110850

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,940,657
Liabilities
$110,850
Net assets
$8,829,807
Revenue
$5,284,720
Expenses
$395,655
Net income
$4,889,065
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$5.64$6.63$11.0$15.8$4.79
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$1.92$11.4$6.86$14.2$7.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$1.66$18.8$17.6$8.95$8.69
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.33$10.1$2.99$1.62$1.37
2020Detailed filing. Detailed filing data is available for this year.$8.94$0.11$8.83$5.28$0.40$4.89
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.11$0.06$4.06$4.12$0.07$4.06