Cystic Fibrosis Research Inc
- Assets
- $3.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 7
- Location
- Palo Alto, CA
- Founding
- 12/1975
- Data as of
- 12/2021
- EIN
- 51-0169988
Organization Overview
Cystic Fibrosis Research Inc is located in Palo Alto, CA. The organization was established in 1975. As of 12/2021, Cystic Fibrosis Research Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cystic Fibrosis Research 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 12/2021, Cystic Fibrosis Research Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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.
Since 2015, Cystic Fibrosis Research Inc has awarded 42 individual grants totaling $2,753,629. 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
TO FUND CYSTIC FIBROSIS RESEARCH, PROVIDE EDUCATION AND PERSONAL SUPPORT, AND TO SPREAD AWARENESS OF CYSTIC FIBROSIS, A LIFE THREATENING GENETIC DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FUND CYSTIC FIBROSIS RESEARCH, PROVIDE EDUCATION AND PERSONAL SUPPORT, AND TO SPREAD AWARENESS OF CYSTIC FIBROSIS, A LIFE THREATENING GENETIC DISEASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Siri Vaeth Executive Di | Officer | 40 | $105,027 |
Oscar A Flamenco Treasurer | OfficerTrustee | 1 | $0 |
Bill Hult President | OfficerTrustee | 1 | $0 |
Jessica Martens Vice Preside | OfficerTrustee | 1 | $0 |
Arek Puzia Board Secret | OfficerTrustee | 1 | $0 |
Julie Desch Board Member | Trustee | 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 | $1,486,280 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,486,280 |
| Total Program Service Revenue | $510 |
| Investment income | $6,500 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,830 |
| Net Income from Fundraising Events | $104,160 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,700,235 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $345,000 |
| 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. | $105,027 |
| Compensation of current officers, directors, key employees. | $2,836 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $219,588 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,790 |
| Payroll taxes | $24,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,448 |
| Advertising and promotion | $0 |
| Office expenses | $24,860 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $70,440 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $216,333 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,634 |
| Insurance | $5,600 |
| All other expenses | $0 |
| Total functional expenses | $1,149,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,704,532 |
| Savings and temporary cash investments | $250,472 |
| Pledges and grants receivable | $187,719 |
| Accounts receivable, net | $275 |
| 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 | $28,684 |
| Net Land, buildings, and equipment | $4,092 |
| Investments—publicly traded securities | $1,265,439 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,143 |
| Total assets | $3,446,356 |
| Accounts payable and accrued expenses | $23,453 |
| 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 | $23,453 |
| Net assets without donor restrictions | $2,199,821 |
| Net assets with donor restrictions | $1,223,082 |
| 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 | $3,446,356 |
Grants Awarded
Over the last fiscal year, Cystic Fibrosis Research Inc has awarded $345,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Redwood City, CA PURPOSE: RESEARCH | $70,000 |
Oakland, CA PURPOSE: RESEARCH | $70,000 |
Tuscaloosa, AL PURPOSE: RESEARCH | $70,000 |
Ann Arbor, MI PURPOSE: RESEARCH | $70,000 |
Oakland, CA PURPOSE: RESEARCH | $65,000 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Cystic Fibrosis Research Inc has recieved totaling $266,881.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $165,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $27,681 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $27,125 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Health | $18,400 |
Credit Unions In The State Of California Sunnyvale, CA PURPOSE: NON-PROFIT ORGANIZATION THAT FUNDS RESEARCH, PROVIDES EDUCATIONAL AND PERSONAL SUPPORT, AND SPREAD AWARENESS OF CYSTIC FIBROSIS, A LIFE-THREATENING GENETIC DISEASE. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7,175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Infectious Disease Research Institute Seattle, WA | $13,563,097 | $13,342,560 |
University Medical Group Inc Portland, OR | $0 | $19,037,411 |
Seattle Institute For Biomedical And Clinical Research Seattle, WA | $15,332,692 | $17,750,569 |
Research Corporation Tucson, AZ | $242,008,144 | $26,138,153 |
Southwest Autism Research And Resource Center Phoenix, AZ | $18,925,029 | $16,667,407 |
Veterans Medical Research Foundation Of Sd San Diego, CA | $7,321,086 | $16,367,755 |
Conard House Inc San Francisco, CA | $5,907,710 | $14,988,369 |
Movember Foundation Santa Monica, CA | $31,257,231 | $18,583,289 |
Translational Genomics Research Institute Foundation Phoenix, AZ | $24,235,369 | $3,772,453 |
Steadman Philippon Research Institute Vail, CO | $14,955,351 | $15,214,073 |
Washington Research Foundation Seattle, WA | $325,923,396 | $51,887,435 |
The Mind Research Network Albuquerque, NM | $3,071,604 | $13,923,047 |