T1d Exchange Inc
- Assets
- $7.0m
- Revenue
- $97.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 47-5074602
Organization Overview
T1d Exchange Inc is located in Boston, MA. The organization was established in 2015. According to its NTEE Classification (U11) the organization is classified as: Single Organization Support, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. T1d Exchange Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOR THE CHARITABLE PURPOSE OF BENEFITING AND SUPPORTING THE CHARITABLE ACTIVITIES OF T1D EXCHANGE INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE CHARITABLE PURPOSE OF BENEFITING AND SUPPORTING THE CHARITABLE ACTIVITIES OF T1D EXCHANGE INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marijane Norris-Geary Director & Secretary | OfficerTrustee | 1 | $0 |
Jack Collins Director & Treasurer | OfficerTrustee | 1 | $0 |
David Walton Chief Executive Officer | OfficerTrustee | 1 | $0 |
Jay Mohr Director & President | OfficerTrustee | 1 | $0 |
Brandon Maake Sr. Director Of Finance | Officer | 1 | $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 | $0 |
| Investment income | $237,033 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$139,488 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,545 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $255 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $35,475 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $900 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $136,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,783 |
| 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 | $5,584,723 |
| Investments—other securities | $1,139,036 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $110,837 |
| Total assets | $6,954,379 |
| 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 | $6,954,379 |
| Total liabilities and net assets/fund balances | $6,954,379 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robertson Research Fund Inc Cold Spring Harbor, NY | $140,499,325 | $10,256,252 |
Reloop Americas Research Institute Stanfordville, NY | $930,205 | $767,663 |
American Society Of Mechanical Engineers Auxiliary Inc New York, NY | $1,443,293 | $98,260 |
Future Of Research Abington, MA | $148,357 | $0 |
T1d Exchange Inc Boston, MA | $6,954,379 | $97,545 |