1907 Research Inc
- Assets
- $198.2k
- Revenue
- $82.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Naples, FL
- Founding
- 08/2019
- Data as of
- 06/2022
- EIN
- 83-2880126
Organization Overview
1907 Research Inc is located in Naples, FL. The organization was established in 2019. According to its NTEE Classification (H19) the organization is classified as: Support N.E.C., under the broad grouping of Medical Research and related organizations. As of 06/2022, 1907 Research Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1907 Research 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 06/2022, 1907 Research Inc generated $82.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (35.1%) each year. All expenses for the organization totaled $483.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND PROMOTE RESEARCH, EDUCATION AND OUTREACH IN THE FIELD OF NEUROSCIENCE AND MENTAL HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PROGRAM IN THIS FISCAL YEAR WAS THE "1907 TRAILBLAZER AWARD". WE ISSUED 2 AWARDS TO RECIPIENTS AT CORNELL UNIVERSITY AND YALE UNIVERSITY.
THE FOUNDATION HIRED A FULL TIME SOFTWARE DEVELOPER TO CREATE A DONATION PLATFORM FOR FUNDRAISING. 1907 FOUNDATION IS CURRENTLY USING THIS SOFTWARE FOR A FUND RAISING PROGRAM CALLED MENTALLY TOUGH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Pieczonka Board Director, Chair, Member | OfficerTrustee | 15 | $0 |
Kasey Kissick Board Director, Secretary | OfficerTrustee | 2 | $0 |
Christopher Garland Board Director, Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,548 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,548 |
| Total Program Service Revenue | $0 |
| Investment income | -$5,147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
| Grants and other assistance to domestic individuals. | $40,000 |
| 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 | $70,381 |
| Pension plan accruals and contributions | $890 |
| Other employee benefits | $1,387 |
| Payroll taxes | $6,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,445 |
| Fees for services: Accounting | $26,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,388 |
| Advertising and promotion | $12,405 |
| Office expenses | $1,856 |
| Information technology | $15,896 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,281 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,321 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $722 |
| All other expenses | $0 |
| Total functional expenses | $482,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,119 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $36,262 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,415 |
| Net Land, buildings, and equipment | $36,243 |
| Investments—publicly traded securities | $111,144 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $198,183 |
| Accounts payable and accrued expenses | $9,969 |
| Grants payable | $60,000 |
| 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 | $0 |
| Total liabilities | $69,969 |
| Net assets without donor restrictions | $128,214 |
| Net assets with donor restrictions | $0 |
| 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 | $198,183 |
Grants Awarded
Over the last fiscal year, 1907 Research Inc has awarded $200,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New Haven, CT PURPOSE: A metabolic approach to the diagnosis and treatment of psychiatric disorders. Recent findings in human genetics have implicated dozens of metabolic enzymes of unknown functions in psychiatric disorders. This presents a huge opportunity to overcome the limitations of the mainstream focus on neurotransmitters in the chemical imbalance theory of mental illness, where results have been stymied by ineffective treatments, difficult side effects, and the lack of molecular biomarkers. Our goal is to identify the roles of these novel brain enzymes to create transformative knowledge of biochemical mechanisms that cause mental illness. We expect our findings to enable novel metabolic approaches for the diagnosis and treatment of a range of psychiatric conditions. | $100,000 |
THE JOAN AND SANFORD I WEILL MEDICAL COLLEGE AND GRADUATE SCHOOLOF MEDICAL SCIENCE OF CORNELL UNIVERSITY PURPOSE: How women's brains change over pregnancy and the implications for peripartum and postpartum mental illness. Pregnancy is an extremely high-risk time window for developing mental illness. One in five women will experience mental illness during or following pregnancy. Brain scans, paired with biological and emotional measures, could help show why and how these illnesses develop, but scientists almost never scan pregnant women. Recently, impactful safety studies indicated that MRIs can be safe during pregnancy. Our study proposes to scan women repeatedly over pregnancy, within safety limits, while tracking their hormone levels and mood. We will detect, in individual women, how brains change over pregnancy, and what specific kinds of structural and functional brain changes can mark or predict peripartum mental illness. | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that 1907 Research Inc has recieved totaling $50,005.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: HUMAN SERVICES | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Purple Pansies Inc Cumming, GA | $146,252 | $702,999 |
1907 Research Inc Naples, FL | $198,183 | $82,644 |
National Behavioral Consortium Inc Weston, FL | $103,704 | $0 |
Miami Ostomy Aftercare Program Inc Miami, FL | $56,403 | $0 |
Davis Ferguson Memorial Fund Inc Riverview, FL | $2,246 | $0 |