Als Therapy Development Foundation Inc

Organization Overview

Als Therapy Development Foundation Inc is located in Watertown, MA. The organization was established in 1999. According to its NTEE Classification (H80) the organization is classified as: Specifically Named Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Als Therapy Development Foundation Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Als Therapy Development Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Als Therapy Development Foundation Inc generated $12.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $9.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE ARE COMMITTED TO CREATING AND LEADING A TRANSPARENT COLLABORATIVE RESEARCH PROCESS THAT INVOLVES ALS PATIENTS TODAY AND HONORS THOSE WHOSE JOURNEY WITH THIS DISEASE HAS ENDED. WE ARE GUIDED BY PASSION, LOVE AND THE SPIRIT OF ENTREPRENEURSHIP UPON WHICH WE WERE FOUNDED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALS TDI COMBINES THE PASSION AND DEDICATION OF A NONPROFIT ORGANIZATION WITH THE ENTREPRENEURIAL AND SCIENTIFIC SPIRIT OF A BIOTECHNOLOGY COMPANY. OUR LABORATORY IS THE LEADING DRUG DISCOVERY PROGRAM FOR ALS, AND IT BRIDGES A CRITICAL RESEARCH GAP. OUR IN-HOUSE EXPERTISE TRANSLATES RESEARCH INTO POTENTIAL DRUG CANDIDATES BY SCREENING DRUGS IN THE SOD1 MOUSE MODEL OF ALS. OUR SCIENTIFIC COLLABORATIONS ARE DESIGNED TO BRING THE MOST PROMISING LEADS CLOSER TO PATIENT USE. WE SHARE EMERGING KNOWLEDGE ON THE DISEASE WITH PATIENTS, PHYSICIANS, AND RESEARCHERS AS QUICKLY AND COMPREHENSIVELY AS POSSIBLE. EVERY DECISION IS MADE IN THE INTEREST OF FINDING EFFECTIVE TREATMENTS FOR PEOPLE LIVING WITH ALS. OUR UNIQUE APPROACH ACCELERATES DRUG DEVELOPMENT FOR ALS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Insource Services Inc
Finance, Hr & It
$490,644
Microconstants
Reseach
$121,080
Lathrop Gage
Legal
$109,544
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,505,375
Related organizations$0
Government grants $1,709,482
All other contributions, gifts, grants, and similar amounts not included above$5,186,241
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,401,098
Total Program Service Revenue$628,036
Investment income $8,195
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $329,528
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,370,651

Grants Recieved

Over the last fiscal year, we have identified 27 grants that Als Therapy Development Foundation Inc has recieved totaling $1,132,152.

Awarding OrganizationAmount
Saint Paul & Minnesota Foundation

Saint Paul, MN

PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES

$365,000
Team Drea Foundation Inc

Raleigh, NC

PURPOSE: Research on therapeutic treatments

$140,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$125,150
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$105,613
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$103,154
$101,000
View Grant Recipient Profile

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