The Myelin Project
- Assets
- $375.5k
- Revenue
- $59.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Pacific Palisades, CA
- Founding
- Data as of
- 09/2018
- EIN
- 52-1545992
Organization Overview
The Myelin Project is located in Pacific Palisades, CA. As of 09/2018, Myelin Project employed 2 individuals. Myelin Project 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 09/2018, Myelin Project generated $59.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (32.7%) each year. All expenses for the organization totaled $73.0k during the year ending 09/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH MYELIN REPAIR, FUND RESEARCH, PROVIDE PUBLIC EDUCATION WITH RESPECT TO THE RESEARCH, PROMOTE THE SHARING OF FINDINGS AMONG RESEARCHERS AROUND THE WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACCELERATE RESEARCH ON MYELIN REPAIRS, ALSO KNOWN AS REMYELINATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Benton Vice President | Officer | 15 | $23,634 |
Deborah Edward Treasurer | Officer | 8 | $12,711 |
Patti Chapman President | OfficerTrustee | 1 | $0 |
Diane Love Director | Trustee | 1 | $0 |
Jean Kelley Director | Trustee | 1 | $0 |
Justin Dagosti Director | 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 | $59,616 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,616 |
| Total Program Service Revenue | $0 |
| Investment income | $151 |
| 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 | $59,767 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,136 |
| 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 | $36,345 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,335 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,100 |
| Information technology | $1,441 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,209 |
| 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 | $69 |
| Insurance | $0 |
| All other expenses | $2,288 |
| Total functional expenses | $73,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,223 |
| Savings and temporary cash investments | $252,029 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $125 |
| 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 | $151 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $375,528 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $3,000 |
| 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 | $3,000 |
| Unrestricted restricted net Assets | $372,528 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $372,528 |
Grants Awarded
Over the last fiscal year, The Myelin Project has awarded $27,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Madison, WI PURPOSE: RESEARCH | $25,000 |
Philadelphia, PA PURPOSE: RESEARCH | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Myelin Project has recieved totaling $5,405.
| Awarding Organization | Amount |
|---|---|
United Way Inc Hartford, CT PURPOSE: DONOR DESIGNATED GIFTS | $5,376 |
The Duke Energy Foundation Charlotte, NC PURPOSE: EMPLOYEE MATCHING GIFTS | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yosef Simsoly & Alisa Simsolo Foundation Beverly Hills, CA | $0 | $10,000,000 |
Sonoma Country Day School Santa Rosa, CA | $32,285,253 | $10,759,837 |
Fuse Corps San Francisco, CA | $14,198,081 | $11,746,562 |
Asian And Pacific Islander Wellness Center Inc San Francisco, CA | $9,826,509 | $16,014,921 |
Addictions Recovery Center Inc Medford, OR | $10,377,833 | $11,010,307 |
Peking University Education Foundation Usa San Mateo, CA | $72,899,671 | $11,690,196 |
St Johns Volunteers San Mateo, CA | $10,199,259 | $10,484,623 |
Core Butte Inc Chico, CA | $17,281,706 | $11,922,132 |
National Alliance Of Nonprofits For Insurance Inc Santa Cruz, CA | $32,076,337 | $12,075,164 |
The Arc Fresno Madera Counties Fresno, CA | $16,570,782 | $10,992,536 |
Pacific Autism Center Of Education Santa Clara, CA | $21,935,291 | $13,847,964 |
Mk Level Playing Field Institute Oakland, CA | $5,423,488 | $12,423,085 |