Liabilities / Assets
50th percentile
Higher debt load relative to assets than 50% of similar nonprofits.
990 • Fiscal year 2020 • EIN 85-1457272
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
50th percentile
Higher debt load relative to assets than 50% of similar nonprofits.
Liabilities / Revenue
41st percentile
Higher debt load relative to revenue than 41% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
64th percentile
Higher top officer pay than 64% of similar nonprofits.
Top officer pay equals 8.4% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$261,972
No earlier filing loaded for comparison.
Net Assets
$249,972
No earlier filing loaded for comparison.
Liabilities
$12,000
No earlier filing loaded for comparison.
Revenue
$533,454
No earlier filing loaded for comparison.
Expenses
$284,532
No earlier filing loaded for comparison.
Net Income
$248,922
No earlier filing loaded for comparison.
The clock foundation was formed for the specific and primary purpose of conducting medical research on aging and age-related diseases. Developing the epigenetic aging clock into a useful technology will require medical research on aging and age-related diseases. Consequently, the activity will advance clock foundation's specific purpose of conducting medical research on aging and age-related diseases. If the medical research of the clock foundation is successful and the fda approves the clock foundation's testing method, many new drugs or treatments that are able to reverse epigenetic aging could then be formally approved by the fda for the treatment of aging and for use in preventative medicine.
The epigenetic clock development foundation ("clock foundation") was formed to enable rigorous medical research on aging and longevity. Our research mainly involves use and development of new aging biomarkers known as epigenetic clocks for testing the effectiveness of longevity treatments within preclinical and clinical studies.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | - | $250,371 | - |
| Accounts Receivable | - | $11,040 | - |
| Prepaid Expenses and Deferred Charges | - | $561 | - |
| Total Assets | $0 | $261,972 | ▲ $261,972 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $12,000 | - |
| Total Liabilities | $0 | $12,000 | ▲ $12,000 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | - | $249,972 | - |
| Total Net Assets Fund Balance | $0 | $249,972 | ▲ $249,972 |
| Total Liabilities and Net Assets / Fund Balance | $0 | $261,972 | ▲ $261,972 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Stefan Horvath | Director, Ch | - | $45,000 | $45,000 |
| Robert Brooke | Executive Di | PT | $40,000 | $40,000 |
| Name | Title |
|---|---|
| Dean Prissman | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $199,532 |
| Salaries, Compensation, and Employee Benefits | $85,000 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $45,000 | $40,000 | - | $85,000 |
| Fees for Services Other | $59,939 | - | - | $59,939 |
| Fees for Services Legal | $34,000 | - | - | $34,000 |
| Advertising | $3,105 | - | - | $3,105 |
| All Other Expenses | $1,153 | - | - | $1,153 |
| Fees for Services Accounting | $750 | - | - | $750 |
| Other Expenses | $689 | - | - | $689 |
| Office Expenses | $25 | - | - | $25 |
| Total Functional Expenses | $244,532 | $40,000 | $0 | $284,532 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Financials are prepared by a bookkeeper with input from a certified public accountant. Tax accountants prepare the annual filing. The executive director reviews and receives input from legal counsel prior to filing.”
“Officers, directors, employees and volunteers of epigenetic clock development foundation are encouraged to bring any alleged unlawful activity, policy or practice to the attention of epigenetic clock development foundation. A protest, concern or complaint shall be made in writing to the president of epigenetic clock development foundation.”
“Board members and donor organizations are made aware of and able to review executive and key employee compensation through independent reports and through approval of annual budgets.”
“Board members and donor organizations are made aware of and able to review executive and key employee compensation through independent reports and through approval of annual budgets.”
“The governing documents are made available upon request.”
“The epigenetic clock development foundation ("clock foundation") was formed to enable rigorous medical research on aging and longevity. Our research mainly involves use and development of new aging biomarkers known as epigenetic clocks for testing the effectiveness of longevity treatments within preclinical and clinical studies.”
“Hiring of initial clock foundation staff & research team we hired a phd-level developmental biologist, a bs-level researcher, and a phd-level computational biologist. Part-time operational and accounting support has also been hired. Our internal r&d team is focused on cellular aging hallmark studies, sample banking & accessioning, and method validation studies (to ensure rigor in all epigenetic clock studies by collaborators). Significant cost improvements; lab & multiple core facilities to enable routine turnarounds internal staff moved into biolabs at the lundquist institute in la, in an 18,000 sqft fully built out biotech accelerator. Campus support enables use of flow cytometry, confocal microscopy, small & large animal studies, and clinical studies too.”
“Release of universal mammalian clock & horvath mammalian array the universal mammalian clock was released in january led by the horvath lab. This has exciting implications for understanding how aging occurs across all mammalian species. It also clearly demonstrates the horvath mammalian array technology can be used for aging studies in many different species: mice, rats, minipigs, dogs, non-human primates, as well as humans. Parabiosis is effective in aged mice data submitted by dr. Vadim gladyshevs lab demonstrates that parabiosis clearly is effective in rejuvenating epigenetic age, including not only in blood but also in liver tissue. Additional parabiosis experiments are pending and plasmapharesis studies planned.”
“OTHER PROGRAM SERVICES”
“Intl property 56,439 0 0 advisory fee 3,500 0 0 total 59,939 0 0”
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/MissionDesc | 0 | THE EPIGENETIC CLOCK DEVELOPMENT FOUNDATION ("CLOCK FOUNDATION") WAS FORMED TO ENABLE RIGOROUS MEDICAL RESEARCH ON AGING AND LONGEVITY. OUR RESEARCH MAINLY INVOLVES USE AND DEVELOPMENT OF NEW AGING BIOMARKERS KNOWN AS EPIGENETIC CLOCKS FOR TESTING THE EFFECTIVENESS OF LONGEVITY TREATMENTS WITHIN PRECLINICAL AND CLINICAL STUDIES. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | RELEASE OF UNIVERSAL MAMMALIAN CLOCK & HORVATH MAMMALIAN ARRAY THE UNIVERSAL MAMMALIAN CLOCK WAS RELEASED IN JANUARY LED BY THE HORVATH LAB. THIS HAS EXCITING IMPLICATIONS FOR UNDERSTANDING HOW AGING OCCURS ACROSS ALL MAMMALIAN SPECIES. IT ALSO CLEARLY DEMONSTRATES THE HORVATH MAMMALIAN ARRAY TECHNOLOGY CAN BE USED FOR AGING STUDIES IN MANY DIFFERENT SPECIES: MICE, RATS, MINIPIGS, DOGS, NON-HUMAN PRIMATES, AS WELL AS HUMANS. PARABIOSIS IS EFFECTIVE IN AGED MICE DATA SUBMITTED BY DR. VADIM GLADYSHEVS LAB DEMONSTRATES THAT PARABIOSIS CLEARLY IS EFFECTIVE IN REJUVENATING EPIGENETIC AGE, INCLUDING NOT ONLY IN BLOOD BUT ALSO IN LIVER TISSUE. ADDITIONAL PARABIOSIS EXPERIMENTS ARE PENDING AND PLASMAPHARESIS STUDIES PLANNED. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE EPIGENETIC CLOCK DEVELOPMENT FOUNDATION ("CLOCK FOUNDATION") WAS FORMED TO ENABLE RIGOROUS MEDICAL RESEARCH ON AGING AND LONGEVITY. OUR RESEARCH MAINLY INVOLVES USE AND DEVELOPMENT OF NEW AGING BIOMARKERS KNOWN AS EPIGENETIC CLOCKS FOR TESTING THE EFFECTIVENESS OF LONGEVITY TREATMENTS WITHIN PRECLINICAL AND CLINICAL STUDIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | HIRING OF INITIAL CLOCK FOUNDATION STAFF & RESEARCH TEAM WE HIRED A PHD-LEVEL DEVELOPMENTAL BIOLOGIST, A BS-LEVEL RESEARCHER, AND A PHD-LEVEL COMPUTATIONAL BIOLOGIST. PART-TIME OPERATIONAL AND ACCOUNTING SUPPORT HAS ALSO BEEN HIRED. OUR INTERNAL R&D TEAM IS FOCUSED ON CELLULAR AGING HALLMARK STUDIES, SAMPLE BANKING & ACCESSIONING, AND METHOD VALIDATION STUDIES (TO ENSURE RIGOR IN ALL EPIGENETIC CLOCK STUDIES BY COLLABORATORS). SIGNIFICANT COST IMPROVEMENTS; LAB & MULTIPLE CORE FACILITIES TO ENABLE ROUTINE TURNAROUNDS INTERNAL STAFF MOVED INTO BIOLABS AT THE LUNDQUIST INSTITUTE IN LA, IN AN 18,000 SQFT FULLY BUILT OUT BIOTECH ACCELERATOR. CAMPUS SUPPORT ENABLES USE OF FLOW CYTOMETRY, CONFOCAL MICROSCOPY, SMALL & LARGE ANIMAL STUDIES, AND CLINICAL STUDIES TOO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | RELEASE OF UNIVERSAL MAMMALIAN CLOCK & HORVATH MAMMALIAN ARRAY THE UNIVERSAL MAMMALIAN CLOCK WAS RELEASED IN JANUARY LED BY THE HORVATH LAB. THIS HAS EXCITING IMPLICATIONS FOR UNDERSTANDING HOW AGING OCCURS ACROSS ALL MAMMALIAN SPECIES. IT ALSO CLEARLY DEMONSTRATES THE HORVATH MAMMALIAN ARRAY TECHNOLOGY CAN BE USED FOR AGING STUDIES IN MANY DIFFERENT SPECIES: MICE, RATS, MINIPIGS, DOGS, NON-HUMAN PRIMATES, AS WELL AS HUMANS. PARABIOSIS IS EFFECTIVE IN AGED MICE DATA SUBMITTED BY DR. VADIM GLADYSHEVS LAB DEMONSTRATES THAT PARABIOSIS CLEARLY IS EFFECTIVE IN REJUVENATING EPIGENETIC AGE, INCLUDING NOT ONLY IN BLOOD BUT ALSO IN LIVER TISSUE. ADDITIONAL PARABIOSIS EXPERIMENTS ARE PENDING AND PLASMAPHARESIS STUDIES PLANNED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | OTHER PROGRAM SERVICES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FINANCIALS ARE PREPARED BY A BOOKKEEPER WITH INPUT FROM A CERTIFIED PUBLIC ACCOUNTANT. TAX ACCOUNTANTS PREPARE THE ANNUAL FILING. THE EXECUTIVE DIRECTOR REVIEWS AND RECEIVES INPUT FROM LEGAL COUNSEL PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | OFFICERS, DIRECTORS, EMPLOYEES AND VOLUNTEERS OF EPIGENETIC CLOCK DEVELOPMENT FOUNDATION ARE ENCOURAGED TO BRING ANY ALLEGED UNLAWFUL ACTIVITY, POLICY OR PRACTICE TO THE ATTENTION OF EPIGENETIC CLOCK DEVELOPMENT FOUNDATION. A PROTEST, CONCERN OR COMPLAINT SHALL BE MADE IN WRITING TO THE PRESIDENT OF EPIGENETIC CLOCK DEVELOPMENT FOUNDATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | BOARD MEMBERS AND DONOR ORGANIZATIONS ARE MADE AWARE OF AND ABLE TO REVIEW EXECUTIVE AND KEY EMPLOYEE COMPENSATION THROUGH INDEPENDENT REPORTS AND THROUGH APPROVAL OF ANNUAL BUDGETS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | BOARD MEMBERS AND DONOR ORGANIZATIONS ARE MADE AWARE OF AND ABLE TO REVIEW EXECUTIVE AND KEY EMPLOYEE COMPENSATION THROUGH INDEPENDENT REPORTS AND THROUGH APPROVAL OF ANNUAL BUDGETS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | INTL PROPERTY 56,439 0 0 ADVISORY FEE 3,500 0 0 TOTAL 59,939 0 0 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART IX, LINE 11G |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 261972 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 500000 |
| IRS990/TotalEmployeeCnt | 0 | 1 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 40000 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 244532 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 284532 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 12000 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 12000 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 249972 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 142914 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 244532 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 33440 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 85000 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 261972 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1124 W CARSON ST MRL BLDG 3D FLOOR |
| IRS990/USAddress/CityNm | 0 | TORRANCE |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 905022006 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.CLOCKFOUNDATION.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT BROOKE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8189213980 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | EPIGENETIC CLOCK DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | EPIG |
| ReturnHeader/Filer/EIN | 0 | 851457272 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1124 W CARSON ST MRL BLDG 3RD FLOOR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TORRANCE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90502 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 454205322 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HW LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 16501 VENTURA BLVD STE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ENCINO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91436 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8189213980 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-12-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LOUIS N HAMEL CPA |
| ReturnHeader/ReturnTs | 0 | 2022-12-05T15:43:48-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ROBERT |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BROOKE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.