Sage Research Foundation Inc
- Assets
- $1.6m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 47-4102058
Organization Overview
Sage Research Foundation Inc is located in Boise, ID. The organization was established in 2015. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases 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. Sage 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, Sage Research Foundation Inc generated $7.8m in total revenue. All expenses for the organization totaled $7.3m during the year ending 12/2022. While expenses have increased by 383.0% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRUSH THE CURVE IDAHO: FREE COVID-19 TESTING AND VACCINATION FOR THE GENERAL PUBLIC
HUNTINGTON'S DISEASE RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David R Boren Manager | 1 | $0 | |
Jonathan R Boren Director | 1 | $0 | |
Jennifer E Clawson Director | 1 | $0 | |
Isaac Marler Chief Financial Officer | 40 | $102,867 | |
Christina Upson Executive Director | 40 | $95,892 | |
Sonia Urquijo Staff | 40 | $78,067 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mn Operations Llc | 12/30/22 | $5,392,353 |
Bvasb 10 Mile Phase 2 Bldg | 12/30/22 | $219,466 |
Fedex Freight | 12/30/22 | $196,845 |
The Brothers Rabe Llc | 12/30/22 | $76,125 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,789,723 |
| Total Revenue | $7,789,723 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $198,759 |
| Other employee salaries and wages | $540,447 |
| Pension plans, employee benefits | $41,425 |
| Interest | $0 |
| Taxes | $76,087 |
| Depreciation | $7,814 |
| Occupancy | $218,692 |
| Travel, conferences, and meetings | $30,311 |
| Printing and publications | $0 |
| Other expenses | $5,337,602 |
| Total operating and administrative expenses | $7,275,162 |
| Contributions, gifts, grants paid | $4,500 |
| Total expenses and disbursements | $7,279,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,353,489 |
| Savings and temporary cash investments | $34 |
| Net Accounts receivable | $31,301 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $200,596 |
| Other assets | $0 |
| Total assets | $1,585,420 |
| Accounts payable and accrued expenses | $60,735 |
| 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 | $10,699 |
| Total liabilities | $71,434 |
Grants Awarded
Over the last fiscal year, Sage Research Foundation Inc has awarded $4,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
VALLIVUE HIGH SCHOOL PURPOSE: SUPPORT THE HIGH SCHOOL CHOIR | $500 |
VALLIVUE HIGH SCHOOL PURPOSE: LADY FALCONS SPONSORSHIP | $2,000 |
VALLIVUE HIGH SCHOOL PURPOSE: SUPPORT GIRLS BASKETBALL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sage Research Foundation Inc Boise, ID | $1,585,420 | $7,789,723 |
Pachyonychia Congenita Fund Holladay, UT | $3,130,275 | $490,833 |
Pacific Northwest Bleeding Disorders Corvallis, OR | $613,534 | $628,881 |
Healthy Birth And Infant Brains Foundation Casper, WY | $725,524 | $96,677 |
Fam177a1 Research Fund Mercer Island, WA | $40,887 | $0 |
Col Patrick S Madigan Md Foundation Lakewood, WA | $985,797 | $55,965 |
Biologic Institute Redmond, WA | $15,378 | $0 |