Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Balance Sheet
Assets
Down$30,362
Down $32,915 (-52%) from 2020
Net Assets
$30,362
No earlier filing loaded for comparison.
Liabilities
Flat$0
Flat from 2020
Revenue And Expenses
Revenue
Down$10,000
Down $90,000 (-90%) from 2020
Expenses
Up$42,915
Up $6,192 (+17%) from 2020
Net Income
Down-$32,915
Down $96,192 (-152%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Apr 19, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $10,000
Mission and Program Overview
Mission
The 221b Foundation (the 'Foundation') is a charitable and scientific organization established for the purposes of eradicating disease through research related to rapid diagnostic testing. The Foundation will also devote time and resources to supporting and promoting racial and gender diversity in science, technology, engineering, and mathematics ('STEM') industries.
The 221b Foundation (the 'Foundation') is a charitable and scientific organization established for the purposes of eradicating disease through research related to rapid diagnostic testing. Initially, the Foundation will work with organizations committed to combating COVID-19. In addition, the Foundation will devote surplus revenues to supporting and promoting racial and gender diversity in science, technology, engineering, and mathematics ('STEM') industries.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| In its 2021 tax year, the Foundation contributed resources and talent to further and expedite the eradication of disease, with a special focus on COVID-19 in international communities. The Foundation also contributed funds to promote gender equality, education, economic development, and scientific and medical research. | $39,619 | $39,619 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Rahul Dhanda | Dir., Pres., & Sec. (End 12/2021) | - | $0 | - | - |
| Mark Jefferson | Director & Treasurer (End 12/2021) | - | $0 | - | - |
| Bryan Dechairo | President & CEO | - | $0 | - | - |
| James Scavone | Treasurer & Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The 221B Foundation
- EIN
- 85-2835141
- Phone
- 6173656144
- Address
- 200 Talcott Avenue, Watertown, MA 02472
Signing Officer
- Name
- James Scavone
- Title
- Treasurer & Secretary
- Phone
- 6173656144
- Signed
- 2022-04-19
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Baker Newman & Noyes
- Address
- PO Box 507, Portland, ME 04112
- Preparer
- Connor Smart
- Phone
- 2078792100
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: Medical Diagnostics and Testing. Grantee Name: Nepal Ministry of Health. Grantee Address: Nepal Department of Health Services Kathmandu, NEPAL 44600. Grantee Relationship: N/A. Property Description: Medical Equipment. Method Used to Determine Book Value: Retail Cost. Book Value of Property: 29,619. Date of Gift: 11/30/21. Amount Given: 29,619.”
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: Medical Research and Scholarship. Grantee Name: Harvard Medical School. Grantee Address: 25 Shattuck Street Boston, MA 02115. Grantee Relationship: N/A. Date of Gift: 12/31/21. Amount Given: 5,000.”
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: Education and Economic Development. Grantee Name: Project Akilah (a/k/a Akilah Foundation). Grantee Address: 3690 W. Gandy Boulevard # 510 Tampa, FL 33611. Grantee Relationship: N/A. Date of Gift: 12/31/21. Amount Given: 5,000. Total included on Form 990-EZ, line 10: 39,619.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Travel for Medical Engagements and Research. Amount: 3,261. Description: Office expenses. Amount: 35. Total to Form 990-EZ, line 16: 3,296.”
Raw XML Appendix156 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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|---|---|---|
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| IRS990EZ/AddressChangeInd | 0 | X |
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| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6173656144 |
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Watertown |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02472 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 63277 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 30362 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 10000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -32915 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 63277 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 30362 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 39619 |
| IRS990EZ/GrossReceiptsAmt | 0 | 10000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 63277 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 30362 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 63277 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 30362 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Rahul Dhanda |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Mark Jefferson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Bryan Dechairo |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | James Scavone |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Dir., Pres., & Sec. (end 12/2021) |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director & Treasurer (end 12/2021) |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | President & CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treasurer & Secretary |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 3296 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The 221b Foundation (the 'Foundation') is a charitable and scientific organization established for the purposes of eradicating disease through research related to rapid diagnostic testing. Initially, the Foundation will work with organizations committed to combating COVID-19. In addition, the Foundation will devote surplus revenues to supporting and promoting racial and gender diversity in science, technology, engineering, and mathematics ('STEM') industries. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | In its 2021 tax year, the Foundation contributed resources and talent to further and expedite the eradication of disease, with a special focus on COVID-19 in international communities. The Foundation also contributed funds to promote gender equality, education, economic development, and scientific and medical research. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 39619 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 39619 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | DE |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 1 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 42915 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 39619 |
| IRS990EZ/TotalRevenueAmt | 0 | 10000 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | The Foundation was formed in August of 2020. Accordingly, the Foundation's 2020 column on Schedule A, Part II, Public Support Test for Section 170(b)(1)(A)(vi) public charities reflects both the Foundation's initial tax year and a short tax year. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Form 990, Schedule A, Part II, Short Year: |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 10000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 100000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 110000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 102200 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 7800 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 10000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 100000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 110000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 110000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Classification: Medical Diagnostics and Testing. Grantee Name: Nepal Ministry of Health. Grantee Address: Nepal Department of Health Services Kathmandu, NEPAL 44600. Grantee Relationship: N/A. Property Description: Medical Equipment. Method Used to Determine Book Value: Retail Cost. Book Value of Property: 29,619. Date of Gift: 11/30/21. Amount Given: 29,619. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity Classification: Medical Research and Scholarship. Grantee Name: Harvard Medical School. Grantee Address: 25 Shattuck Street Boston, MA 02115. Grantee Relationship: N/A. Date of Gift: 12/31/21. Amount Given: 5,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Activity Classification: Education and Economic Development. Grantee Name: Project Akilah (a/k/a Akilah Foundation). Grantee Address: 3690 W. Gandy Boulevard # 510 Tampa, FL 33611. Grantee Relationship: N/A. Date of Gift: 12/31/21. Amount Given: 5,000. Total included on Form 990-EZ, line 10: 39,619. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: Travel for Medical Engagements and Research. Amount: 3,261. Description: Office expenses. Amount: 35. Total to Form 990-EZ, line 16: 3,296. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | James Scavone |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer & Secretary |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6173656144 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-04-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | The 221B Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | 221B |
| ReturnHeader/Filer/EIN | 0 | 852835141 |
| ReturnHeader/Filer/PhoneNum | 0 | 6173656144 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 200 Talcott Avenue |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Watertown |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02472 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 010494526 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Baker Newman & Noyes |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO Box 507 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Portland |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ME |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 04112 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2078792100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-04-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Connor Smart |
| ReturnHeader/ReturnTs | 0 | 2022-05-03T07:39:54-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | James |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Scavone |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $30,362
- Liabilities
- $0
- Net assets
- $30,362
- Revenue
- $10,000
- Expenses
- $42,915
- Net income
- -$32,915