Diabetes Research Connection
- Assets
- $1.9m
- Revenue
- $804.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Del Mar, CA
- Founding
- 12/2012
- Data as of
- 12/2021
- EIN
- 90-0815395
Organization Overview
Diabetes Research Connection is located in Del Mar, CA. The organization was established in 2012. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Diabetes Research Connection employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diabetes Research Connection 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, Diabetes Research Connection generated $804.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 15.3% per year over the past 7 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.
Since 2015, Diabetes Research Connection has awarded 23 individual grants totaling $601,544. 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
TO CONNECT DONORS WITH EARLY-CAREER SCIENTISTS ENABLING THEM TO PERFORM PEER-REVIEWED RESEARCH DESIGNED TO PREVENT AND CURE T1D, MINIMIZE ITS COMPLICATIONS AND IMPROVE THE QUALITY OF LIFE FOR THOSE LIVING WITH THE DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
100% OF FUNDS DESIGNATED FOR RESEARCH GO DIRECTLY TO THE SCIENTISTS' LAB. PLEASE VISIT WWW.DIABETESRESEARCHCONNECTION.ORG FOR A SUMMARY OF PROJECTS FUNDED TO DATE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paige Mccready Secretary | OfficerTrustee | 5 | $0 |
Vincenzo Cirulli Director | OfficerTrustee | 10 | $0 |
Nigel Calcutt Vice President | OfficerTrustee | 5 | $0 |
David Winkler CFO | OfficerTrustee | 5 | $0 |
Cc King President/chair | OfficerTrustee | 5 | $0 |
Alberto Hayek Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,592 |
| Related organizations | $0 |
| Government grants | $146,286 |
| All other contributions, gifts, grants, and similar amounts not included above | $587,189 |
| Noncash contributions included in lines 1a–1f | $81,131 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $756,067 |
| Total Program Service Revenue | $0 |
| Investment income | $17,059 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,100 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $804,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $481,500 |
| 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 | $284,872 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,628 |
| Payroll taxes | $22,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,145 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $78,131 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $59 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,385 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,598 |
| Insurance | $5,495 |
| All other expenses | $0 |
| Total functional expenses | $1,008,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,712 |
| Savings and temporary cash investments | $243,090 |
| Pledges and grants receivable | $69,754 |
| Accounts receivable, net | $38,127 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $30,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,549 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,235,080 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $20,524 |
| Other assets | $0 |
| Total assets | $1,933,836 |
| Accounts payable and accrued expenses | $12,905 |
| Grants payable | $45,000 |
| 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 | $57,905 |
| Net assets without donor restrictions | $1,818,562 |
| Net assets with donor restrictions | $57,369 |
| 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 | $1,933,836 |
Grants Awarded
Over the last fiscal year, Diabetes Research Connection has awarded $100,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDRENS DIABETES FOUNDATIO | | | $25,000 |
New Haven, CT | | $25,000 |
THE SALK INSTITUTE | | | $25,000 |
UCSD | | | $15,000 |
La Jolla, CA | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Diabetes Research Connection has recieved totaling $117,161.
| Awarding Organization | Amount |
|---|---|
Melvin Garb Foundation San Diego, CA PURPOSE: DIABETES RESEARCH | $90,588 |
Melvin Garb Foundation San Diego, CA PURPOSE: DIABETES RESEARCH | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $6,000 |
The@lisa And Steve Altman Family Foundation La Jolla, CA PURPOSE: GENERAL FUND | $5,000 |
Melvin Garb Foundation San Diego, CA PURPOSE: DIABETES RESEARCH | $4,330 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,243 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Genes Aliso Viejo, CA | $3,315,841 | $5,883,997 |
John Wayne Cancer Foundation Costa Mesa, CA | $19,544,868 | $1,886,224 |
The Familial Hypercholesterolemia Foundation Pasadena, CA | $6,401,928 | $4,759,952 |
Jessie Rees Foundation Rancho Santa Margarita, CA | $2,318,669 | $3,496,521 |
Hello Housing San Anselmo, CA | $571,806 | $2,684,046 |
The Neuromuscular Disease Foundation Beverly Hills, CA | $2,223,549 | $438,953 |
Emilio Nares Foundation San Diego, CA | $1,042,923 | $1,340,458 |
Gamechanger Charity Rancho Mission Viejo, CA | $66,864 | $595,676 |
Diabetes Research Connection Del Mar, CA | $1,933,836 | $804,111 |
Pedal The Cause - San Diego San Diego, CA | $880,045 | $1,362,913 |
Hay Foundation Carlsbad, CA | $5,847,331 | $539,117 |
The Baker Institute For Children With Hearing Loss Hanover St Palo Alto, CA | $2,973,416 | $691,906 |