Idiopathic Pulmonary Fibrosis Foundation
- Assets
- $2.9m
- Revenue
- $414.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Edina, MN
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 82-0599753
Organization Overview
Idiopathic Pulmonary Fibrosis Foundation is located in Edina, MN. The organization was established in 2017. According to its NTEE Classification (G01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idiopathic Pulmonary Fibrosis Foundation 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 12/2023, Idiopathic Pulmonary Fibrosis Foundation generated $414.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $22.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristan Rice Chief Executive Officer | 60 | $0 | |
Anne Christy Ballentine Secretary | 50 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $42,201 |
| Interest on Savings | $374 |
| Dividends & Interest | $92,625 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $279,421 |
| Capital Gain Net Income | $279,421 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $414,621 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,120 |
| Total operating and administrative expenses | $22,036 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $22,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,770,284 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,870,284 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Idiopathic Pulmonary Fibrosis Foundation has awarded $52,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PHAGEBIOTICS RESEARCH FOUNDATION PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $10,000 |
WEILL CORNELL MEDICINE PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $42,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Myers Family Foundation Inc Urbandale, IA | $8,830 | $310,716 |
Joy Collaborative Minneapolis, MN | $67,510 | $0 |
Lgmd Awareness Foundation Inc Twin Lakes, WI | $58,677 | $0 |
Idiopathic Pulmonary Fibrosis Foundation Edina, MN | $2,870,284 | $414,621 |
Kourageous Karter Foundation Hugo, MN | $1,514 | $228 |