Pids Foundation EIN 26-0609932 Form 990 (PDF) Claim this org

Pids Foundation FY2022 filing

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Funds research and education in children's infectious diseases. For fiscal year 2022 it reported $948K in revenue, $1.1M in expenses, and $2.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Arlington, VA
Filings
5 on file (2020–2022)
Revenue
$948KFY2022
Expenses
$1.1M
Net assets
$2.3M
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-0609932 Public charity (501(c)(3)) Arlington, VA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Funds research and education in children's infectious diseases.
Leadership
C Buddy Creech · President
Money in and out
$948K revenue, $1.1M expenses
Bottom line
97% program efficiency
Where the money goes · FY2022
Total revenue
$948K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$119K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.02 Fundraising $0.01
Program efficiency
97%
of spending reaches programs
Operating runway
29.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$948K
FY2022+0.3%
Expenses
$1.1M
FY2022▲ +28%
Total assets
$3.1M
FY2022▼ -12%
Total liabilities
$874K
FY2022▲ +21%
Total revenue
$948K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$119K
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPids Foundation
EINHdr · item D26-0609932
Principal addressHdr · item CArlington, VA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJan 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Pids Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $1.0M of program spending, described in the organization's own filed words · FY2022.
01

Fellowships and Awards

The foundation funds two to four fellowships annually for doctoral-level individuals enrolled in accredited fellowship training programs in pediatric infectious diseases. All fellowships are designed to advance the field of pediatric id with respect to basic understanding of the diseases and improving outcomes in affected children.

$904Kprogram expense
02

Vaccine Education

This program is a combined educational offerings to help combat vaccine misinformation and address vaccine hesitancy. It aims to accomplish these goals through a web-based educational curriculum and a handbook app.

$129Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$835K · 88%
Program service revenue$69K · 7%
Investment income$44K · 5%
Contributions & grants88%$835K
Program service revenue7%$69K
Investment income5%$44K
Total revenueLn 12$948K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.02 Fundraising $0.01
Program services97%$1.0M
Management & general2%$26K
Fundraising1%$8K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$228K
Total assetsLn 16$3.1M
Total liabilitiesLn 26$874K
Total net assetsLn 32$2.3M
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.6M · Operating expenses/yr $1.1M
29.1 months
Where the money goes
Program services
Program services $1.0M · Total expenses $1.1M
97%
Management & General
Management & general $26K · Total expenses $1.1M
2%
Fundraising
Fundraising $8K · Total expenses $1.1M
0.8%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $747K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $835K · Total revenue $948K
88%
Government reliance
Government grants — · Total revenue $948K
Earned-income share
Program service revenue $69K · Total revenue $948K
7%
Investment reliance
Investment income $44K · Total revenue $948K
+5%
Program self-sufficiency
Program service revenue $69K · Total expenses $1.1M
6%
Growth & trend
Revenue growth (YoY)
This year $948K · Prior year $945K
+0.3%
Net-asset trend (YoY)
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $948K · Expenses $1.1M
-13%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
Net-asset ratio
Net assets $2.3M · Total assets $3.1M
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.4M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.1M
75%
People & payroll
Highest Reported Total Compensation
Individual C Buddy Creech · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $1.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1.1M
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 2%
Fundraising cost ratio 1%
Revenue growth 0.3%
Investment management fee ratio 0.3%
Legal fee ratio 0.05%
Accounting fee ratio 0.3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$30K
Grants paid · 36 grants · $2.1M · 2020–2024
Seattle Children's HospitalWA · FY2024$95,000
Baylor College of MedicineTX · FY2024$95,000
Unitemized GrantFY2024$63,000
Chops Research InstitutePA · FY2024$50,000
University of MiamiFL · FY2024$25,000
Unitemized GrantFY2024$14,003
Unitemized GrantFY2024$10,000
Unitemized GrantFY2024$1,500
Seattle Children's HospitalWA · FY2023$285,000
Unitemized GrantFY2023$63,000
Indiana UniversityIN · FY2023$50,000
Cincinatti Children's HospitalFY2023$50,000
See all 36 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2023$798K revenue · ⤓ 990 PDF
FY2022$948K revenue · viewing · ⤓ 990 PDF
FY2021$945K revenue · ⤓ 990 PDF
FY2020$791K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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