Rare Trait Hope Fund

Tax-deductible

Belle Chasse, LA501(c)(3)Medical ResearchEIN 46-2762646Revenue $104K in FY2024

On file with the IRSraretrait.com406 Schlief Dr, 70037-2321 · Belle Chasse, LATax-exempt since Aug 2013Publicly supported charity — 170(b)(1)(A)(vi)

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The mission and primary exepmt purpose is to facilitate research, raise funds and support development of treatments for Aspartylglucosaminuria (AGU); to be the resource for doctors, scientists and families world-wide; to increase awareness of rare diseases in general and Aspartylglucosaminuria in particular.

501(c)(3) charity; gifts are tax-deductible.
Run by 10 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-EZIndependent: 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-EZ
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 2
filings with a surplus
Average deficit $15K a year · 4% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Named funders
2
named funders · $47K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$20K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$104K
+41% vs prior year
Net assets
$36K
By yearFY2020–FY2024
Revenue
$104K
FY2024▲ +41%
Tap a bar for its year
Revenue by fiscal year
FY2020$78K
FY2021$411K
FY2022$261K
FY2023$74K
FY2024$104K
Expenses
—
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$73K
FY2022$627K
FY2023Not on file
FY2024Not on file
Net assets
$36K
FY2024▲ +39%
Tap a bar for its year
Net assets by fiscal year
FY2020$203K
FY2021$541K
FY2022$174K
FY2023$26K
FY2024$36K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2013.

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

Who runs it and what they're paid

6 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
President, Executive Director
$0Pt VII · Sec A
Medical Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary, Treasure
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Rare Trait Hope Fund executive salaries →

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Programs and updates

Funds research and raises awareness for Aspartylglucosaminuria treatments and support.

Provided by the organization

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3 programs · $621K · in their own filed words · FY2022
01

Per FDA feedback from pre-IND meeting in 2018, we continue production of the gene therapy product that will be used in a clinical trial for AGU treatment. Largest expense for 2022 is the payment for AGA plasmid production and vector production.

$598Kprogram expense
02

AGA plasmid/AAV sequencing and other testing services

$17Kprogram expense
03

AGA drug product vector production feasibility study per proposal from August 11, 2021

$5Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$47K

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$104K
Other income$104K
Owns and owes
$36K
net assets
Liabilities$20K
People
6
listed
Paid0
2In more detail
Revenue in detail
Other income$104K
Total revenue$104K
Assets in detailEnd of year
Liabilities$20K
Net assets$36K
Operations
Employees0
Volunteers10
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $104K$36K 990 PDF
FY2023 $74K$26K 990 PDF
FY2022 $261K$627K−$366K$174K 990 PDF
FY2021 $411K$73K$337K$541K 990 PDF
FY2020 $78K$203K 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

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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