A S P E N Rhoads Research Foundation Inc
- Assets
- $2.8m
- Revenue
- $387.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 09/2007
- Data as of
- 09/2021
- EIN
- 65-1226034
Organization Overview
A S P E N Rhoads Research Foundation Inc is located in Silver Spring, MD. The organization was established in 2007. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, 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. A S P E N Rhoads 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 09/2021, A S P E N Rhoads Research Foundation Inc generated $387.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $320.9k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, A S P E N Rhoads Research Foundation Inc has awarded 34 individual grants totaling $915,628. 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
SUPPORT PERSONAL & PROFESSIONAL DEVELOPMENT OF NUTRITION RESEARCHERS THROUGHOUT THEIR CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASPEN RHOADS RESEARCH FOUNDATION'S SOLE ACTIVITY IS TO PROVIDE GRANT SUPPORT TO NUTRITION RESEARCHERS. THE GRANTS ARE INTENDED TO ASSIST NUTRITION INVESTIGATORS BY PROVIDING PRELIMINARY FUNDING FOR PROMISING NEW RESEARCH IN THE FIELDS OF NUTRITION AND METABOLIC SUPPORT AND RELATED AREAS OF CLINICAL NUTRITION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Mcmahon President | OfficerTrustee | 1 | $0 |
Jay M Mirtallo Secretary/treasurer | OfficerTrustee | 1 | $0 |
Gail A Cresci Aspen President | OfficerTrustee | 1 | $0 |
Wanda Johnson Chief Executive Officer | Officer | 1 | $0 |
Charlene Compher Director | Trustee | 1 | $0 |
Ding-You Li Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $77,673 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $201,531 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $279,204 |
| Total Program Service Revenue | $0 |
| Investment income | $39,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69,379 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $387,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $194,028 |
| 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 | $55,137 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,215 |
| Fees for services: Management | $21,641 |
| Fees for services: Legal | $456 |
| Fees for services: Accounting | $7,071 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,679 |
| Advertising and promotion | $200 |
| Office expenses | $15,304 |
| 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 | $4,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $320,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,180 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $135,772 |
| 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 | $19,332 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,507,842 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,621 |
| Total assets | $2,762,747 |
| Accounts payable and accrued expenses | $1,096 |
| Grants payable | $25,000 |
| 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 | $43,074 |
| Total liabilities | $69,170 |
| Net assets without donor restrictions | $2,142,710 |
| Net assets with donor restrictions | $550,867 |
| 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 | $2,762,747 |
Grants Awarded
Over the last fiscal year, A S P E N Rhoads Research Foundation Inc has awarded $134,028 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Somerville, MA PURPOSE: Research in clinical nutrition and metabolism | $50,000 |
Milwaukee, WI PURPOSE: Research in clinical nutrition and metabolism | $25,000 |
TEXAS A&M UNIVERSITY PURPOSE: Research in clinical nutrition and metabolism | $25,000 |
Independence, OH PURPOSE: Research in clinical nutrition and metabolism | $24,028 |
Pittsburgh, PA PURPOSE: Research in clinical nutrition and metabolism | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that A S P E N Rhoads Research Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
George L Blackburn Foundation For Nutrition Medicine Jamaica Plain, MA PURPOSE: CLINICAL NUTRITION RESEARCH EFFORTS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Novant Health Uva Health System Manassas, VA | $716,877 | $19,148,933 |
Conquer Cancer Fdn Of The American Society Of Clinical Oncology Alexandria, VA | $109,850,269 | $24,641,302 |
Gary And Mary West Health Endowment Inc Wilmington, DE | $246,349,230 | -$2,654,370 |
Foundation For Advancement Of Intl Medical Education And Research Philadelphia, PA | $73,208,748 | $9,951,039 |
Nccn Foundation Plymouth Meeting, PA | $7,730,910 | $3,697,738 |
Foundation Fighting Blindness Retinal Degeneration Fund Columbia, MD | $45,350,093 | $15,424,974 |
The Arvo Foundation For Eye Research Inc Rockville, MD | $8,550,005 | $1,963,913 |
Federation Of Associations In Behavioral & Brain Sciences Washington, DC | $1,050,849 | $346,535 |
Simons Fund Conshohocken, PA | $473,099 | $317,439 |
A S P E N Rhoads Research Foundation Inc Silver Spring, MD | $2,762,747 | $387,817 |
Commonwealth Housing Legal Services Glenside, PA | $760,384 | $699,820 |
Virginia Urologic Foundation Charlottesville, VA | $12,113,863 | $0 |