Male Contraception Initiative
- Assets
- $5.7m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 6
- Location
- Durham, NC
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 47-1124856
Organization Overview
Male Contraception Initiative, operating under the name Male Contraceptive Initiative, is located in Durham, NC. The organization was established in 2014. According to its NTEE Classification (R61) the organization is classified as: Reproductive Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Male Contraceptive Initiative employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Male Contraceptive Initiative 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, Male Contraceptive Initiative generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 66.1% each year . All expenses for the organization totaled $3.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Male Contraceptive Initiative has awarded 21 individual grants totaling $3,740,894. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MCIS MISSION IS TO FACILITATE RESEARCH & DEVELOPMENT OF MALE CONTRACEPTIVES FOR PEOPLE AROUND THE WORLD AND TO BUILD AWARENESS AMONG RESEARCHERS, DONORS AND THE GENERAL PUBLIC ABOUT THE DEMAND FOR AND STATUS OF NOVEL MALE CONTRACEPTIVE METHODS
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH ADVANCEMENT AND ADVOCACY FOR THE FIELD OF NONHORMONAL MALE CONTRACEPTION: IN 2021 WE AWARDED TWO $150,000 SEED GRANTS (EARLY STAGE), TWO $300,000 DISCOVERY AND DEVELOPMENT GRANTS, AND TWO FOCUSED INVITATION GRANTS TOTALLING $440,875 FOR A TOTAL OF SIX DOMESTIC GRANTEES. THREE FELLOWSHIPS WERE ALSO AWARDED THAT CONSIST OF A TWO-YEAR STIPEND TO STUDENTS WHO WERE SELECTED BASED ON A COMPETITIVE APPLICATION PROCESS. FIRST YEAR FELLOWSHIP PAYMENTS IN THE AMOUNT OF $50,000 PER STUDENT WERE PAID. IN ADDITION, SECOND YEAR FELLOWSHIP PAYMENTS, ALSO FOR $50,000 PER STUDENT, WERE PAID FOR 2020 FELLOWSHIP RECIPIENTS. WITH RESPECT TO ADVOCACY, A TOTAL OF $402,706 IN FUNDING WAS PROVIDED IN SUPPORT OF MARKET DEMAND RESEARCH ACTIVITIES ACROSS 11 COUNTRIES AND $84,893 IN FUNDING WAS PROVIDED TO SUPPORT ASSESSMENTS OF THE REGULATORY PATHWAYS FOR DRUG PRODUCTS AND DEVICES.FOR MORE INFORMATION, PLEASE SEE OUR 2021 ANNUAL REPORT: HTTPS://WWW.MALECONTRACEPTIVE.ORG/MCI-2021-ANNUAL-REPORT.HTML
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Vahdat Executive Director | Officer | 40 | $138,500 |
Michael Rusnak Treasurer | OfficerTrustee | 5 | $3,846 |
Connie Moreadith Chair | OfficerTrustee | 2 | $0 |
Karen Blyth Secretary | OfficerTrustee | 2 | $0 |
Carolyn Jenkins Director | Trustee | 2 | $0 |
Gregory Kopf 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 | $4,618,135 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,618,135 |
| Total Program Service Revenue | $0 |
| Investment income | $1,625 |
| 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 | $4,621,457 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,045,894 |
| Grants and other assistance to domestic individuals. | $202,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $299,225 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $143,256 |
| Compensation of current officers, directors, key employees. | $14,326 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $308,929 |
| Pension plan accruals and contributions | $6,767 |
| Other employee benefits | $5,293 |
| Payroll taxes | $33,665 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,044 |
| Fees for services: Accounting | $17,393 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $19,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,741 |
| Advertising and promotion | $3,291 |
| Office expenses | $5,795 |
| Information technology | $9,495 |
| Royalties | $0 |
| Occupancy | $6,499 |
| Travel | $15,966 |
| 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 | $3,996 |
| All other expenses | $2,227 |
| Total functional expenses | $3,283,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $507,585 |
| Savings and temporary cash investments | $4,266,283 |
| Pledges and grants receivable | $939,958 |
| 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 | $5,713,826 |
| Accounts payable and accrued expenses | $575,824 |
| 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 | $575,824 |
| Net assets without donor restrictions | $5,138,002 |
| 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 | $5,713,826 |
Grants Awarded
Over the last fiscal year, Male Contraception Initiative has awarded $1,970,894 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CONTRALINE PURPOSE: Clinical Research Advancement | $1,000,000 |
EPPIN PHARMA INC PURPOSE: Nonclinical Research Advancement | $150,000 |
Bar Harbor, ME PURPOSE: Nonclinical Research Advancement | $150,000 |
St Paul, MN PURPOSE: Nonclinical Research Advancement | $150,000 |
Houston, TX PURPOSE: Nonclinical Research Advancement | $150,000 |
Chapel Hill, NC PURPOSE: Nonclinical Research Advancement | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Male Contraception Initiative has recieved totaling $5,217.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,217 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Male Contraception Initiative Durham, NC | $5,713,826 | $4,621,457 |
Planned Parenthood Votes South Atlantic Raleigh, NC | $539,277 | $2,645,643 |
Rewire News Group McLean, VA | $2,677,024 | $1,675,663 |
Spark Reproductive Justice Now Inc Atlanta, GA | $5,957,536 | $3,076,642 |
Confidential Care Mobile Ministry Inc Millington, TN | $496,730 | $781,391 |
Naral Virginia Alexandria, VA | $317,081 | $356,341 |
New River Abortion Access Fund Blacksburg, VA | $153,658 | $365,978 |