Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit
- Assets
- $3.1m
- Revenue
- $1.6m
- Investments
- $1.4m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 32-0422495
Organization Overview
Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit is located in Seattle, WA. The organization was established in 2014. According to its NTEE Classification (H40) the organization is classified as: Diseases of Specific Organs Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit 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, Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 21.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit has awarded 24 individual grants totaling $595,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING HELD VIRTUALLY JULY 8, 2021 WITH 350 ATTENDEES. DISCUSSION OF GRAPPA'S RESEARCH AGENDA AND PHYSICIAN TRAINING.
GRAPPA ADJACENT TO ACR (AMERICAN COLLEGE OF RHEUMATOLOGY), VIRUTAL MEETING HELD NOVEMBER 18, 2021 WITH 200 ATTENDEES. DISCUSSION OF LATEST DEVELOPMEMTS IN PSORIATIC ARTHRITIS AND PHYSICIAN TRAINING.
GRAPPA ADJACENT TO AAD (AMERICAN ACADEMY OF DERMATOLOGY) VIRUTAL MEETING HELD MAY 11, 2021 WITH 170 ATTENDEES. DISCUSSION OF LATEST DEVELOPMETNS IN PSORIATIC ARTHRITIS AND PHYSICIAN TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Helliwell Immediate Past President | 0.25 | $0 | |
Arthur Kavanaugh At Large | 0.5 | $0 | |
Philip Mease Treasurer | 3 | $0 | |
Kristina Callis Duffin President | 2 | $0 | |
Oliver Fitzgerald Vice President | 2 | $0 | |
Joseph Merola At Large | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lynne Mcfarland | 12/30/21 | $32,835 |
Janine Kowack | 12/30/21 | $94,680 |
Lisa Spiegal Llc | 12/30/21 | $26,700 |
Sharon Andrews | 12/30/21 | $129,115 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,552,671 |
| Interest on Savings | $131 |
| Dividends & Interest | $17,114 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,506 |
| Capital Gain Net Income | $2,553 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $58,434 |
| Total Revenue | $1,638,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $20 |
| Taxes | $2,921 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $827,400 |
| Printing and publications | $49,561 |
| Other expenses | $19,788 |
| Total operating and administrative expenses | $1,310,560 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $1,460,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,082 |
| Savings and temporary cash investments | $1,517,699 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $560 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,438,845 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,083,186 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $5,081 |
| Total liabilities | $5,081 |
Grants Awarded
Over the last fiscal year, Group For Research And Assessment Of Psoriasis And Psoriatic Arthrit has awarded $150,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ARANI VIVEKANANTHAM UNIV OF OXFORD PURPOSE: GRANT FOR PSORIATIC ARTHRITIS RESEARCH | $25,000 |
J MARIN PURPOSE: GRANT FOR PSORIATIC ARTHRITIS RESEARCH | $25,000 |
ERASMUS MC DEPT OF RHEUMATOLOGY PURPOSE: GRANT FOR PSORIATIC ARTHRITIS RESEARCH | $25,000 |
TINA BHUTANI MD MAS PURPOSE: GRANT FOR PSORIATIC ARTHRITIS RESEARCH | $25,000 |
QUEEN'S UNIVERSITY BELFAST PURPOSE: GRANT FOR PSORIATIC ARTHRITIS RESEARCH | $25,000 |
REGENTS OF UC SAN FRANCISCO PURPOSE: GRANT FOR PSORIATIC ARTHRITIS RESEARCH | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Infectious Disease Research Institute Seattle, WA | $13,563,097 | $13,342,560 |
University Medical Group Inc Portland, OR | $0 | $19,037,411 |
Seattle Institute For Biomedical And Clinical Research Seattle, WA | $15,332,692 | $17,750,569 |
Veterans Medical Research Foundation Of Sd San Diego, CA | $7,321,086 | $16,367,755 |
Conard House Inc San Francisco, CA | $5,907,710 | $14,988,369 |
Movember Foundation Santa Monica, CA | $31,257,231 | $18,583,289 |
Washington Research Foundation Seattle, WA | $325,923,396 | $51,887,435 |
Jonsson Cancer Center Foundation- Ucla Los Angeles, CA | $29,334,497 | $13,187,047 |
Huntington Medical Research Institutes Pasadena, CA | $82,259,720 | $16,674,865 |
The Young Living Foundation Lehi, UT | $9,856,727 | $9,672,215 |
Cancer Research And Biostatistics Seattle, WA | $8,442,496 | $11,626,712 |
Hopelab Foundation Inc San Francisco, CA | $32,085,472 | $14,961,821 |