Act For Nih
- Assets
- $184.0k
- Revenue
- $700.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 46-5621279
Organization Overview
Act For Nih is located in Washington, DC. As of 12/2022, Act For Nih employed 3 individuals. Act For Nih is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Act For Nih generated $700.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $767.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE GENERAL WELFARE BY EDUCATING POLICY MAKERS REGARDING THE POTENTIAL OF BIOMEDICAL RESEARCH AND ADVOCATING FOR FUNDING FOR NIH TO PREVENT DISEASE WHEREVER POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE GENERAL WELFARE BY EDUCATING POLICY MAKERS REGARDING THE POTENTIAL OF BIOMEDICAL RESEARCH AND ADVOCATING FOR ADDITIONAL FUNDING FOR THE EFFORTS OF THE NATIONAL INSTITUTES OF HEALTH TO FULFILL ITS MISSIONS TO PREVENT DISEASE WHENEVER POSSIBLE, EFFECTIVELY TREAT DISEASE WHEN IT DOES OCCUR, LENGTHEN LIFE, REDUCE THE BURDENS OF ILLNESS AND DISABILITY AND STRENGTHEN AMERICAN COMPETITIVENESS IN THE WORLD ECONOMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Turman Director & President | OfficerTrustee | 24 | $171,314 |
Jed Manocherian Founder & Chairman | OfficerTrustee | 1 | $0 |
Margaret Anderson Director | Trustee | 1 | $0 |
Dr Ronald Depinho Director | Trustee | 1 | $0 |
Greg Manocherian Director | Trustee | 1 | $0 |
Dr Sudip Parikh Secretary/treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cornerstone Government Affairs Llc Consulting | 12/30/21 | $107,250 |
Green Heron Lbk Llc Consulting | 12/30/21 | $120,000 |
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 | $700,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $700,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $700,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $357,195 |
| Compensation of current officers, directors, key employees. | $57,987 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,481 |
| Pension plan accruals and contributions | $5,089 |
| Other employee benefits | $37,241 |
| Payroll taxes | $38,276 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $94 |
| Fees for services: Accounting | $38,889 |
| Fees for services: Lobbying | $186,750 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,731 |
| Advertising and promotion | $0 |
| Office expenses | $7,840 |
| Information technology | $3,597 |
| Royalties | $0 |
| Occupancy | $7,368 |
| Travel | $16,400 |
| 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 | $0 |
| Insurance | $3,459 |
| All other expenses | $5,913 |
| Total functional expenses | $767,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,892 |
| 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 | $5,565 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,537 |
| Total assets | $183,994 |
| Accounts payable and accrued expenses | $10,619 |
| 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 | $5,396 |
| Total liabilities | $16,015 |
| Net assets without donor restrictions | $167,979 |
| 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 | $183,994 |