Ats Foundation INC

New York, NYUnknown exempt organizationEIN 20-2138855

The ats foundation supports the ats mission by funding research, education, and training to prevent, treat, and cure respiratory diseases worldwide.

96¢ of each $1 spent went to programs.
Run by 21 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2020
latest Form 990
Concern: the latest return is for FY2020, 6 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$224K
Spent
$8.5M
To programs
96%
Net assets
$0

From the FY2020 Form 990 (year ending July 2020) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2020.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $8.2M Management & general 4% · $354K

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

Who runs it and what they're paid

21 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ats Foundation INC executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds research, education, and training to prevent, treat, and cure respiratory diseases globally.

Provided by the organization

This section is blank until Ats Foundation INC claims this page.

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1 program service account for $8.2M of program spending, described in the organization's own filed words · FY2020.
01

The ats foundation partners with individuals, non-profit lung-related research partners, public interest organizations, industry, and other allied organizations to support the full spectrum of research, from basic science to health care delivery and public health, as well as training and education for scientists, clinicians, patients…

$8.2Mprogram expense

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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 · FY2021
Total grants receivedfrom 1 funder$20K
Grants paid · 9 grants · $470K · 2020–2020
University of San FranciscoCA · FY2020$90,000
University of ChicagoIL · FY2020$80,000
University of PennsylvaniaFY2020$40,000
Nemoursalfred I Dupont Hospital for ChildrenDC · FY2020$40,000
Washington University in St LouisFY2020$20,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$224K
Ln 12
Gifts and grantsLn 1h$216K
Investment incomeLn 3$8K
Money outPt IX
$8.5M
Ln 25
Programscol B$8.2M
Managementcol C$354K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
21
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$216K
Investment incomeLn 3$8K
Gains on assetsLn 7−$139
Total revenueLn 12$224K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 621
Fiscal year endsHeaderJuly
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 FY20End FY20
Cash and savingsLn 1–2$6.5M$0
InvestmentsLn 11–13$1.1M$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$9.1M$0
LiabilitiesLn 26$801K$0
Net assetsLn 32$8.3M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8.2M$8.2M
Grants and assistance to foreign recipientsLn 3$5K$5K
Legal feesLn 11b$16K$16K
Accounting feesLn 11c$50K$50K
Investment management feesLn 11f$5K$5K
Other fees for servicesLn 11g$4K$4K
Office expensesLn 13$8K$8K
Conferences, conventions and meetingsLn 19$26$26
Other expenses (24a–d)Ln 24$271K$271K
Total functional expensesLn 25$8.5M$8.2M$354K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest Viewing $224K$8.5M−$8.3M$0 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $224,022 across 5 lines filed
VIII-1f All other contributions, gifts and grants$216,210
VIII-1h Total contributions, gifts and grants$216,210
VIII-3 Investment incomeExcluded from tax $7,951$7,951
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$139−$139
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $7,812$224,022
Part IX · Statement of functional expenses $8,517,829 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $8,158,447$8,158,447
IX-3 Grants and assistance to foreign recipientsPrograms $5,000$5,000
IX-11b Legal feesManagement $15,608$15,608
IX-11c Accounting feesManagement $50,240$50,240
IX-11f Investment management feesManagement $5,493$5,493
IX-11g Other fees for servicesManagement $3,850$3,850
IX-13 Office expensesManagement $7,851$7,851
IX-19 Conferences, conventions and meetingsManagement $26$26
IX-24 Other expenses (24a–d)Management $271,314$271,314
IX-25 Total functional expensesPrograms $8,163,447 · Management $354,382 · Fundraising $0$8,517,829
Part X · Balance sheet $0 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $3,324,763$0
X-2 Savings and temporary cash investmentsStart of year $3,163,111$0
X-3 Pledges and grants receivableStart of year $847,849$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $43$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $1,133,713$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $624,958$0
X-16 Total assetsStart of year $9,094,437$0
X-26 Total liabilitiesStart of year $800,630$0
X-27 Net assets without donor restrictionsStart of year $485,527$0
X-28 Net assets with donor restrictionsStart of year $7,808,280$0
X-32 Total net assets or fund balancesStart of year $8,293,807$0
X-33 Total liabilities and net assetsStart of year $9,094,437$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$224,022
XI-2 Total expenses$8,517,829
XI-3 Revenue less expenses−$8,293,807
XI-4 Net assets at start of year$8,293,807
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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