To accelerate the development of life-saving treatments for duchenne muscular dystrophy "dmd"

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $290K a year · 29% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
12 mo
of spending, in cash
Looks good: 12.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $20K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$106K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 4 voting members
Worth a look: 1 of 4 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$684K
+5% vs prior year
Spent
$724K
To programs
79%
Net assets
$922K
By yearFY2020–FY2024
Revenue
$684K
FY2023▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.8M
FY2022$653K
FY2023$684K
FY2024$628K
Expenses
$724K
FY2023▼ -50%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$1.8M
FY2022$1.4M
FY2023$724K
FY2024$492K
Net assets
$922K
FY2023▼ -77%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.8M
FY2021$4.7M
FY2022$3.9M
FY2023$922K
FY2024$1.1M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $571K Management & general 19% · $139K Fundraising 2% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Tracy Kramer Seckler’s $13K as Director is at the 9th percentile of top reported officer pay among 329 $100K–1M medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2022FY2021FY2020
Laura Dalle Pazze—$241,853$231,767
Tracy Kramer Seckler$13,146$62,769$29,835

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Accelerates development of life-saving treatments for Duchenne muscular dystrophy.

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Provided by the organization

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1 program · $571K · in their own filed words · FY2023
01

See schedule o

$571Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 8 grants · $4.8M · 2020–2024
Casimir LLCFY2021$30,000
Casimir LLCFY2020$128,648

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$684K
Ln 12
Gifts and grantsLn 1h$629K
Other incomeLn 4–11$40K
Investment incomeLn 3$15K
Money outPt IX
$724K
Ln 25
Programscol B$571K
Managementcol C$139K
Fundraisingcol D$14K
Owns and owesPt X
$922K
net assets · Ln 32
Cash and savingsLn 1–2$722K
Total assetsLn 16$1.0M
LiabilitiesLn 26$106K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$629K
Noncash giftsLn 1g$10K
Investment incomeLn 3$15K
Other incomeLn 4–11$40K
Total revenueLn 12$684K
Assets in detailPt X, end of year
CashLn 1$1K
SavingsLn 2$721K
Cash and savings togetherLn 1–2$722K
InvestmentsLn 11–13$125K
Land, buildings, equipmentLn 10c$282
Total assetsLn 16$1.0M
LiabilitiesLn 26$106K
Net assetsLn 32$922K
OperationsPt I, VI
EmployeesI 53
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$667K$722K
InvestmentsLn 11–13$3.1M$125K
Land, buildings, equipmentLn 10c$601$282
Total assetsLn 16$4.1M$1.0M
LiabilitiesLn 26$179K$106K
Net assetsLn 32$3.9M$922K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$550K$550K
Accounting feesLn 11c$19K$19K
Investment management feesLn 11f$219$219
Other fees for servicesLn 11g$28K$14K$7K$7K
Office expensesLn 13$2K$259$330$2K
OccupancyLn 16$1K$400$400$400
TravelLn 17$2K$2K
Depreciation, depletion and amortizationLn 22$319$319
InsuranceLn 23$2K$656$776$776
Other expenses (24a–d)Ln 24$119K$4K$111K$4K
Total functional expensesLn 25$724K$571K$139K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $628K$492K$137K$1.1M 990 PDF
FY2023 Viewing $684K$724K−$40K$922K 990 PDF
FY2022 $653K$1.4M−$794K$3.9M 990 PDF
FY2021 $1.8M$1.8M−$30K$4.7M 990 PDF
FY2020 $1.2M$1.9M−$720K$4.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $684,167 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $729,763$628,508
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $756$15,464
I-11 Other revenuePrior year −$77,534$40,195
I-12 Total revenuePrior year $652,985$684,167
I-13 Grants and similar amounts paidPrior year $1,250,500$550,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $80,179$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $116,705$174,013
I-18 Total expensesPrior year $1,447,384$724,013
I-19 Revenue less expensesPrior year −$794,399−$39,846
Part VI · Governance 1 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members1
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $684,167 across 6 lines filed
VIII-1f All other contributions, gifts and grants$628,508
VIII-1g Noncash contributions (included above)$10,103
VIII-1h Total contributions, gifts and grants$628,508
VIII-3 Investment incomeExcluded from tax $15,464$15,464
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $40,195$40,195
VIII-12 Total revenueRelated to mission $40,195 · Unrelated business $0 · Excluded from tax $15,464$684,167
Part IX · Statement of functional expenses $724,013 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $550,000$550,000
IX-11c Accounting feesManagement $19,200$19,200
IX-11f Investment management feesManagement $219$219
IX-11g Other fees for servicesPrograms $14,182 · Management $6,630 · Fundraising $7,136$27,948
IX-13 Office expensesPrograms $259 · Management $330 · Fundraising $1,695$2,284
IX-16 OccupancyPrograms $400 · Management $400 · Fundraising $400$1,200
IX-17 TravelPrograms $1,645$1,645
IX-22 Depreciation, depletion and amortizationManagement $319$319
IX-23 InsurancePrograms $656 · Management $776 · Fundraising $776$2,208
IX-24 Other expenses (24a–d)Programs $3,652 · Management $111,228 · Fundraising $4,110$118,990
IX-25 Total functional expensesPrograms $570,794 · Management $139,102 · Fundraising $14,117$724,013
Part X · Balance sheet $1,028,035 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,097$1,097
X-2 Savings and temporary cash investmentsStart of year $666,241$720,738
X-3 Pledges and grants receivableStart of year $309,214$178,276
X-8 Inventories for sale or useStart of year $2,462$2,462
X-9 Prepaid expenses and deferred chargesStart of year $180$180
X-10c Land, buildings and equipment, netStart of year $601$282
X-13 Program-related investmentsStart of year $3,125,000$125,000
X-16 Total assetsStart of year $4,104,795$1,028,035
X-17 Accounts payable and accrued expensesStart of year $49,025$15,871
X-18 Grants payableStart of year $129,977$89,782
X-26 Total liabilitiesStart of year $179,002$105,653
X-27 Net assets without donor restrictionsStart of year $3,637,792$779,381
X-28 Net assets with donor restrictionsStart of year $288,001$143,001
X-32 Total net assets or fund balancesStart of year $3,925,793$922,382
X-33 Total liabilities and net assetsStart of year $4,104,795$1,028,035
Part XI · Reconciliation of net assets $922,382 net assets at year end
XI-1 Total revenue$684,167
XI-2 Total expenses$724,013
XI-3 Revenue less expenses−$39,846
XI-4 Net assets at start of year$3,925,793
XI-9 Other changes in net assets−$2,963,565
XI-10 Net assets at end of year$922,382

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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