Multiple Sclerosis Foundation Inc
- Assets
- $9.5m
- Revenue
- $5.6m
- Investments
- $3.3m
- Employees
- 127
- Location
- Ft Lauderdale, FL
- Founding
- 10/1988
- Data as of
- 12/2021
- EIN
- 59-2792934
Organization Overview
Multiple Sclerosis Foundation Inc is located in Ft Lauderdale, FL. The organization was established in 1988. According to its NTEE Classification (G50) the organization is classified as: Nerve, Muscle & Bone Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Multiple Sclerosis Foundation Inc employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multiple Sclerosis 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 12/2021, Multiple Sclerosis Foundation Inc generated $5.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $5.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Multiple Sclerosis Foundation Inc has awarded 58 individual grants totaling $806,228. 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 PROVIDE PROGRAMS AND SUPPORT SERVICES TO THOSE PERSONS AFFECTED BY MS. (SEE SCHEDULE O FOR MORE)
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME CARE GRANT PROGRAMSEE SCHEDULE O
COOLING EQUIPMENT PROGRAMSEE SCHEDULE O
ASSISTIVE TECHNOLOGY PROGRAMSEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Segaloff Executive Director | Officer | 55 | $207,208 |
Eric Schenck President - Director | OfficerTrustee | 3 | $0 |
John Blackstock Secretary - Director | OfficerTrustee | 3 | $0 |
Charles Eader VP & Treasurer - Director | OfficerTrustee | 3 | $0 |
William Sheehan Director | Trustee | 3 | $0 |
Elaine Laflamme Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ogilvy Public Relations Worldwide Inc Public Relations Messaging | 12/30/17 | $158,404 |
Jadent Inc West Coast Campaign Center | 12/30/17 | $388,176 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $974,917 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,839,243 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,814,160 |
| Total Program Service Revenue | $0 |
| Investment income | $62,622 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $55,055 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,647,701 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $613,193 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $236,218 |
| Compensation of current officers, directors, key employees. | $188,974 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,439,326 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,828 |
| Fees for services: Accounting | $33,869 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $298,508 |
| Advertising and promotion | $884 |
| Office expenses | $71,396 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $446,230 |
| 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 | $24,840 |
| Insurance | $41,551 |
| All other expenses | $30,878 |
| Total functional expenses | $5,035,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $4,142,794 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $292,728 |
| 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 | $78,817 |
| Net Land, buildings, and equipment | $10,691 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,259,848 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,727,510 |
| Total assets | $9,512,588 |
| Accounts payable and accrued expenses | $95,175 |
| 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 | $20,757 |
| Total liabilities | $115,932 |
| Net assets without donor restrictions | $8,258,819 |
| Net assets with donor restrictions | $1,137,837 |
| 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 | $9,512,588 |
Grants Awarded
Over the last fiscal year, Multiple Sclerosis Foundation Inc has awarded $143,402 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FUNDACION DE ESCLEROSIS MULTIPLE DE PR PURPOSE: MS WELLNESS PROGRAMS | $25,000 |
MULTIPLE SCLEROSIS CENTER OF THE ROCKIES PURPOSE: BRAIN HEALTH PROGRAM | $20,000 |
Rancho Cordova, CA PURPOSE: MS ACHIEVEMENT CENTER'S DAY WELLNESS PROGRAM | $20,000 |
Omaha, NE PURPOSE: MS ACTIVITY DAY PROGRAM | $15,000 |
New Orleans, LA PURPOSE: COMPREHENSIVE SUPPORT PROGRAM FOR MS PATIENTS | $15,000 |
Miamisburg, OH PURPOSE: COMMUNITY BASED EXERCISE CLASSES | $11,960 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Multiple Sclerosis Foundation Inc has recieved totaling $99,639.
| Awarding Organization | Amount |
|---|---|
Athalie Fellhauer Charitable Tua Dallas, TX PURPOSE: RESEARCH & TREATMENT OF | $38,127 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,606 |
Bernatchez Family Foundation Tr Ua 12132006 Sarasota, FL PURPOSE: GENERAL | $12,000 |
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $10,050 |
Color Street Foundation Inc Clifton, NJ PURPOSE: OPERATION SUPPORT | $10,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $6,453 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Multiple Sclerosis Center Of Georgia Inc Atlanta, GA | $14,597,977 | $12,400,152 |
Multiple Sclerosis Foundation Inc Ft Lauderdale, FL | $9,512,588 | $5,647,701 |
Amyotrophic Lateral Sclerosis Association Tampa, FL | $2,655,654 | $4,199,844 |
Prader-Willi Syndrome Association Sarasota, FL | $2,440,137 | $1,719,245 |
Amyotrophic Lateral Sclerosis Association Birmingham, AL | $312,683 | $815,281 |
Lupus Foundation Of America Florida Chapter Inc Boynton Beach, FL | $0 | $167,207 |
Next Step Atlanta Inc Alpharetta, GA | $246,220 | $603,149 |
Facial Pain Research Foundation Inc Gainesville, FL | $1,134,914 | $724,170 |
Nextstep Orlando Inc Altamonte Springs, FL | $280,488 | $408,503 |
Miami Sci Wellness Inc Miami, FL | $626,874 | $254,167 |
Alabama Sheet Metal Joint Industry Board Inc Birmingham, AL | $640,810 | $271,630 |
Independent Living Associates Of The Muscle Shoals Area Inc Florence, AL | $407,896 | $179,197 |