Carnot Research Foundation
- Assets
- $3.3k
- Revenue
- $141.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/2017
- Data as of
- 12/2021
- EIN
- 82-1479898
Organization Overview
Carnot Research Foundation is located in Dallas, TX. The organization was established in 2017. According to its NTEE Classification (H05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Carnot Research 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 12/2021, Carnot Research Foundation generated $141.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $146.9k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CARNOT FOUNDATION WAS FORMED WITH THE PURPOSE OF CONDUCTING AND EXPANDING MEDICAL RESEARCH RELATING TO THE SAFETY AND EFFICACY OF BRAIN AND SPINAL PRACTICES WITH THE OBJECTIVE OF DEVELOPING AND/OR IMPROVING MEDICAL TREATMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Denning Secretary | 5 | $0 | |
Richard Meyrat President/treasurer | 5 | $0 | |
Douglas Grey Barstow Jr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $140,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,414 |
| Total Revenue | $141,414 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $80,919 |
| Pension plans, employee benefits | $39,898 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,838 |
| Total operating and administrative expenses | $146,867 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $146,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,343 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $3,343 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metis Foundation San Antonio, TX | $2,545,676 | $9,772,629 |
Dallas Va Research Corporation Dallas, TX | $3,000,158 | $2,339,367 |
Osteosarcoma Institute Dallas, TX | $6,745,771 | $292,501 |
International Safety Center Inc League City, TX | $6,098 | $197,232 |
Carnot Research Foundation Dallas, TX | $3,343 | $141,414 |
Childrens Optimal Health Austin, TX | $0 | -$123,152 |
Lifeplus Foundation Batesville, AR | $96,872 | $65,781 |
Thomas-Mcmahan Cancer Foundation New Orleans, LA | $161,954 | $54,510 |
International Veterinary Point-Of-Care Ultrasound Society Spicewood, TX | $56,671 | $0 |
Foundation Of Collaborative Unique Science Focus San Antonio, TX | $373,989 | $0 |
Center For Health And Economics Houston, TX | $0 | $0 |