Indianapolis Gastroenterology Research Foundation Inc
- Assets
- $0.0
- Revenue
- $220.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Indianapolis, IN
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 35-1826471
Organization Overview
Indianapolis Gastroenterology Research Foundation Inc is located in Indianapolis, IN. The organization was established in 1991. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2022, Indianapolis Gastroenterology Research Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Gastroenterology Research 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 12/2022, Indianapolis Gastroenterology Research Foundation Inc generated $220.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $564.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RESEARCH AND EDUCATION FOR THE TREATMENT OF GASTROINTESTINAL DISORDERS.
Describe the Organization's Program Activity:
SCREENING COLONOSCOPY STUDY - RESEARCH ON EFFECTIVENESS OF COLONOSCOPY SCREENING. PROVIDE COLON CANCER PREVENTION EXAMS.
CONTRACT RESEARCH ON BEHALF OF SIX COMPANIES (SUBJECT TO UNRELATED BUSINESS INCOME TAX).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph S Buckley Director | Trustee | 2 | $0 |
Thomas Imperiale Director | Trustee | 2 | $0 |
Stephen J Mahoney Director | Trustee | 2 | $0 |
Paul Haynes Director | Trustee | 2 | $0 |
Michael S Morelli Director | Trustee | 2 | $0 |
Shan L Cheng Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $231,261 |
| Investment income | $1,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,630 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $215,347 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $95,875 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,568 |
| Payroll taxes | $10,208 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,927 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $201 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $564,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Indianapolis Gastroenterology Research Foundation Inc has awarded $215,347 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FRANCISCAN HEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
WOODLAND BIBLE CHURCH PURPOSE: GENERAL SUPPORT | $135,000 |
FAME PARTNERS IN MEDICAL EVANGELISM PURPOSE: GENERAL SUPPORT | $26,586 |
LIFELINE CHRISTIAN MISSION PURPOSE: GENERAL SUPPORT | $26,587 |
PORTLAND CHRISTIAN SCHOOL PURPOSE: GENERAL SUPPORT | $17,174 |