Foundation For Mood Disorders
- Assets
- $0.0
- Revenue
- $4.3k
- Investments
- $170.6k
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 10/1993
- Data as of
- 06/2021
- EIN
- 13-3735967
Organization Overview
Foundation For Mood Disorders is located in Harrison, NY. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Mood Disorders 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 06/2021, Foundation For Mood Disorders generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $19.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (25.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S ACTIVITIES INCLUDE INCREASING PUBLIC AWARENESS OF MOOD DISORDERS AND ITS TREATMENT. THE FOUNDATION HAS RESEARCH AND FUNDRAISING PURPOSES AND COMMUNICATIONS WITH OTHER RESEARCH COLLABORATORS. RESEARCH INVOLVES PERIODIC STATISTICAL ANALYSES OF A LARGE SAMPLE OF BIPOLAR AND UNIPOLAR DEPRESSED PATIENTS ON LITHIUM AND OTHER PSYCHOTROPIC DRUGS COLLECTED BY DR. FIEVE AND RESEARCH TEAMS OVER THE YEARS. THE OBJECTIVE OF THE RESEARCH IS TO DETERMINE WHETHER LITHIUM MAY PREVENT THE ONSET OR MINIMIZE THE COURSE OF NEURODEGENERATIVE DISEASES SUCH AS ALZHEIMERS, DEMENTIA-NOS, AMYOTROPHIC LATERAL SCLEROSIS, PARKINSON'S, AND STROKE, AS WELL AS CARDIOVASCULAR DISEASES. THE FOUNDATION IS DETERMINING WHICH RESEARCH INSTITUTION WILL INHERIT THE DATA TO CONTINUE THE RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Fieve Willett JD Director, President | 3 | $0 | |
Katia Fieve Director, Secrerary, Treasurer | 0.5 | $0 | |
Lara A Portela Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,363 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,335 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $4,618 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $19,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $170,555 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |