Civic Intelligence

L-CMD Research Foundation

990EZ • Fiscal year 2020 • EIN 85-2640499

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

7554 Awty School LnHouston, TX 77055

(410) 459-3995

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

53rd percentile

6.8%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$8,537

No earlier filing loaded for comparison.

Net Assets

$8,537

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$125,100

No earlier filing loaded for comparison.

Expenses

$116,563

No earlier filing loaded for comparison.

Net Income

$8,537

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2020: $8,537Liabilities 2020: $0Net Assets 2020: $8,5372020Assets 2021: $1,424,267Liabilities 2021: $0Net Assets 2021: $1,424,2672021Assets 2022: $1,702,893Liabilities 2022: $0Net Assets 2022: $1,702,8932022Assets 2023: $1,952,245Liabilities 2023: $0Net Assets 2023: $1,952,2452023Assets 2024: $2,020,719Liabilities 2024: $0Net Assets 2024: $2,020,7192024

Highlighted filing

2020

Assets$8,537
Liabilities$0
Net Assets$8,537

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2020: $125,100Expenses 2020: $116,563Net Income 2020: $8,5372020Revenue 2021: $1,461,243Expenses 2021: $45,493Net Income 2021: $1,415,7502021Revenue 2022: $351,229Expenses 2022: $77,184Net Income 2022: $274,0452022Revenue 2023: $313,096Expenses 2023: $82,023Net Income 2023: $231,0732023Revenue 2024: $354,819Expenses 2024: $309,368Net Income 2024: $45,4512024

Highlighted filing

2020

Revenue$125,100
Expenses$116,563
Net Income$8,537
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.0
Gross Receipts
$125,100
Mission and Program Overview

Mission

L-CMD Research Foundation's purpose is to urgently translate available technologies into impactful treatments for L-CMD now.

Program Services

DescriptionGrantsExpenses
Screening FDA approved drugs in small animal models of L-CMD to identify therapeutic options for the 200 children that have been diagnosed with L-CMD. This is a year long project that began in Q4 of 2020. It is currently 25% complete.$116,548$116,548
Background research and due diligence on potential research partners. Met with academic and industry leaders from around the world to identify current and future intiatives.$0$0
Established organization, including incorporation, securing tax exempt status, and recruited board.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hannah LowePresidentPT$0--
Mark CormanTresurerPT$0--
Sara DesaiSecrataryPT$0--
Mariel BorrelBoard MemberPT$0--
Adrian RiddellBoard MemberPT$0--
Paige BolingerBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
L-cmd Research Foundation
EIN
85-2640499
Phone
4104593995
Address
7554 Awty School Ln, Houston, TX 77055

Signing Officer

Name
Mark Corman
Title
Tresurer
Phone
4435403550
Signed
2021-05-11
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Grants (Line10). Grant to Modelis for $116,547.52 for screening FDA approved drugs in small animal models of L-CMD. Modelis, an independent company with no prior relationship with any Directors of L-CMD Research Foundation, was selected after the board conducted due diligence on a number of firms and laboratories that do preclinical studies to better understand potential therapeutics treatments for rare disease.

Form 990-EZ, Part I, Line 16

Description;Amount^Wire transaction fee;15^Total;15^

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants (Line10). Grant to Modelis for $116,547.52 for screening FDA approved drugs in small animal models of L-CMD. Modelis, an independent company with no prior relationship with any Directors of L-CMD Research Foundation, was selected after the board conducted due diligence on a number of firms and laboratories that do preclinical studies to better understand potential therapeutics treatments for rare disease.
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ReturnHeader/TaxYr02020

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