Zims Foundation INC FY2020 filing

Tax-deductible

Independence, OH501(c)(3)Since 2006Foundations & GrantmakersEIN 20-5461183Revenue $595K in FY2020

On file with the IRSzimsfoundation.org6050 Oak Tree Blvd Ste 500, 44131-6951 · Independence, OHTax-exempt since Nov 2006Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To assist charitable organizations that support activites, research and projects relating to the causes, prevention, treatment and cure of multiple sclerosis.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $73K a year · 39% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 13.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$595K
Spent
$609K
To programs
99%
Net assets
$706K
By yearFY2020–FY2025
Revenue
$595K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$595K
FY2021$171K
FY2022$106K
FY2023$67K
FY2024$89K
FY2025$86K
Expenses
$609K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$609K
FY2021$13K
FY2022$38K
FY2023$11K
FY2024$3K
FY2025$3K
Net assets
$706K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$706K
FY2021$869K
FY2022$933K
FY2023$989K
FY2024$1.1M
FY2025$1.2M

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2006.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $603K Management & general 1% · $6K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Zims Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Programs and updates

Supports charities fighting multiple sclerosis through research, treatment, and prevention efforts.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $175K · in their own filed words · FY2020
01

The organization granted $100,000 to the university of virginia school of medicine neurological department to be utilized in multiple sclerosis research and treatment programs.

$100Kprogram expense
02

The organization granted $50,000 to the national multiple sclerosis society (virginia & west virginia chapter) to support the national, blue ridge, and central eastern chapters for the efforts in providing programs for people with multiple sclerosis.

$50Kprogram expense
03

The organization granted $25,000 saint francis service dogs to support their efforts in providing services for people with multiple sclerosis.

$25Kprogram 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
Total grants receivedfrom 1 funder$25K
Grants paid · 7 grants · $614K · 2020–2022
Saint Francis Service DogsVA · FY2022$25,000
Inova Health System FoundationVA · FY2020$225,000
National Ms Society Virginia & West Virginia ChapFY2020$50,000
Saint Francis Service DogsVA · FY2020$25,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$595K
Ln 12
Gifts and grantsLn 1h$592K
Investment incomeLn 3$4K
Money outPt IX
$609K
Ln 25
Programscol B$603K
Managementcol C$6K
Owns and owesPt X
$706K
net assets · Ln 32
Cash and savingsLn 1–2$706K
Total assetsLn 16$706K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$592K
Noncash giftsLn 1g$203K
Investment incomeLn 3$4K
Gains on assetsLn 7$4K
Total revenueLn 12$595K
Assets in detailPt X, end of year
CashLn 1$706K
SavingsLn 2$0
Cash and savings togetherLn 1–2$706K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$706K
LiabilitiesLn 26$0
Net assetsLn 32$706K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$721K$706K
InvestmentsLn 11–13$0$0
Total assetsLn 16$721K$706K
LiabilitiesLn 26$0$0
Net assetsLn 32$721K$706K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$590K$590K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$735$735
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$10K$8K$2K
All other expensesLn 24e$6K$5K$888
Total functional expensesLn 25$609K$603K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $86K$3K$83K$1.2M 990 PDF
FY2024 $89K$3K$86K$1.1M 990 PDF
FY2023 $67K$11K$55K$989K 990 PDF
FY2022 $106K$38K$68K$933K 990 PDF
FY2021 $171K$13K$159K$869K 990 PDF
FY2020 Viewing $595K$609K−$14K$706K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 (6 parts)
Part I · Summary $594,586 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $413,724$592,425
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year −$1,670$3,533
I-11 Other revenuePrior year −$28,957−$1,372
I-12 Total revenuePrior year $383,097$594,586
I-13 Grants and similar amounts paidPrior year $187,000$589,550
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $20,450$19,513
I-18 Total expensesPrior year $207,450$609,063
I-19 Revenue less expensesPrior year $175,647−$14,477
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
Part VIII · Statement of revenue $594,586 across 9 lines filed
VIII-1f All other contributions, gifts and grants$592,425
VIII-1g Noncash contributions (included above)$203,100
VIII-1h Total contributions, gifts and grants$592,425
VIII-3 Investment incomeRelated to mission $2$2
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,531$3,531
VIII-8 Net income from fundraising events−$1,372
VIII-12 Total revenueRelated to mission $3,533$594,586
Part IX · Statement of functional expenses $609,063 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $589,550$589,550
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesPrograms $735$735
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $2,651$2,651
IX-24 Other expenses (24a–d)Programs $8,358 · Management $2,077$10,435
IX-24e All other expensesPrograms $4,804 · Management $888$5,692
IX-25 Total functional expensesPrograms $603,447 · Management $5,616 · Fundraising $0$609,063
Part X · Balance sheet $706,170 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $720,647$706,170
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $720,647$706,170
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $720,647$706,170
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $720,647$706,170
X-33 Total liabilities and net assetsStart of year $720,647$706,170
Part XI · Reconciliation of net assets $706,170 net assets at year end
XI-1 Total revenue$594,586
XI-2 Total expenses$609,063
XI-3 Revenue less expenses−$14,477
XI-4 Net assets at start of year$720,647
XI-10 Net assets at end of year$706,170

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.