The Telomere Project
- Assets
- $254.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 03/2017
- Data as of
- 12/2023
- EIN
- 82-0652423
Organization Overview
The Telomere Project is located in Austin, TX. The organization was established in 2017. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Telomere 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 12/2023, Telomere Project generated $20.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (39.0%) each year. All expenses for the organization totaled $2.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (29.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN THE LAST YEAR THE PROGRAM HAS FOCUSED ON FUNDRAISING BUILDING A BOARD OF DIRECTORS AND SEARCHIHNG FOR AN EXECUTIVE DIRECTOR. A MAPPING OF OTHER GROUPS THAT ARE CURRENTLY WORKING IN THIS SPACE WAS ALSO CONDUCTED TO IDENTIFY PARTNERSHIP OPPORTUNITIES AS WELL AS KNOWLEDGE SHARING. THE FUNDS RAISED ARE TARGETED TOWARDS CAPACITY BUILDING OF THE TELOMERE PROJECT WITH SOME FUNDS EARMARKED FOR DIRECT BENEFIT LIKE THE ONGOING RESEARCH PROJECTS WITH JOHNS HOPKINS TELOMERE CENTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Harrington Co-Founder | 20 | $0 | |
Anne Harrington Co-Founder | 20 | $0 | |
Matt Kern Co-Founder | 20 | $0 | |
Mrs Matt Kern Co-Founder | 20 | $0 | |
Erik Kern Harrington Co-Founder | 20 | $0 | |
Mrs Erik Kern Harrington Co-Founder | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,164 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,164 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,022 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5 |
| Total expenses | $2,027 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $254,625 |
| Other assets | $0 |
| Total assets | $254,625 |
| Total liabilities | $0 |
| Net assets or fund balances | $254,625 |