Mitoaction INC EIN 55-0899427 Form 990 (PDF) Claim this org

Mitoaction INC FY2020 filing

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Supports, educates, and advocates for those with mitochondrial disease, improving lives and raising awareness. For fiscal year 2020 it reported $882K in revenue, $376K in expenses, and $880K in net assets.Pt I

Type
Public charity (501(c)(3)) · Diseases & Disorders
Location
Boston, MA
Website
www.mitoaction.org
Filings
5 on file (2020–2020)
Revenue
$882KFY2020
Expenses
$376K
Net assets
$880K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  55-0899427 Public charity (501(c)(3)) Boston, MA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Supports, educates, and advocates for those with mitochondrial disease, improving lives and raising awareness.
Leadership
Kira Mann · CEO · $90K
Money in and out
$882K revenue, $376K expenses
Bottom line
84% program efficiency
Where the money goes · FY2020
Total revenue
$882K
Pt VIII · Ln 12
Total expenses
$376K
Pt IX · Ln 25
Net assets
$880K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $507K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.10 Fundraising $0.06
Program efficiency
84%
of spending reaches programs
Operating runway
29.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+57%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$882K
FY2020
Expenses
$376K
FY2020
Total assets
$895K
FY2020
Total liabilities
$15K
FY2020
Total revenue
$882K
Pt VIII · Ln 12
Total expenses
$376K
Pt IX · Ln 25
Net assets
$880K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$507K
Total assetsPt X · Ln 16$895K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMitoaction INC
EINHdr · item D55-0899427
Principal addressHdr · item CBoston, MA
WebsiteHdr · item Jwww.mitoaction.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G80)
Ruling yearIRS BMFSep 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
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
$90,000Pt VII · Sec A
Former Presi
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Kira Mann’s $112K as CEO is at the 85th percentile of top reported officer pay among 900 $100K–1M diseases & disorders 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kira Mann$111,765$112,856$99,988$101,294$90,000

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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Mission & Programs · Part III

Where the work happens

3 program services account for $317K of program spending, described in the organization's own filed words · FY2020.
01

Outreach and education programs which improve the patient or family's understanding of mitochondrial disease and whcih educate both the general and the medical community, improve the patient's quality of life and empower the patient / parent to be an advocate in their case.

$234Kprogram expense
02

Patient & Family Suppport

Mitoaction strives to offer support & practical resources at no cost to every individual or caregiver affeted by mitochondrial disease. These initiatives help patients and families deal with diagnosis of mitochondrial disease today and offer assistance in navigating the medical system, school, community or workplace.

$42Kprogram expense
03

Mitoaction has created special partnerships with three us camps as part of our mission to make summer camp a possibility for every child who suffers from mitochondrial disease. Each of these camps is part of the nationally accredited seriousfun camp network, and offers a safe, medically supervised program that allows mito kids to be free…

$42Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$756K · 86%
Other revenue$126K · 14%
Contributions & grants86%$756K
Other revenue14%$126K
Investment income$277
Total revenueLn 12$882K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.10 Fundraising $0.06
Program services84%$317K
Management & general10%$36K
Fundraising6%$22K
Total functional expensesLn 25$376K

Balance Sheet

Part X · end of year
CashLn 1$873K
Total assetsLn 16$895K
Total liabilitiesLn 26$15K
Total net assetsLn 32$880K
Months of cash on handcomputed27.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $873K · Operating expenses (Pt IX) $376K · Less non-cash grants $17K · Cash operating expenses/yr $359K
29.2 months
Where the money goes
Program services
Program services $317K · Total expenses $376K
84%
Management & General
Management & general $36K · Total expenses $376K
10%
Fundraising
Fundraising $22K · Total expenses $376K
6%
Cost to raise $1
Fundraising expense $22K · Solicited contributions $756K
$0.03 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $756K · Total revenue $882K
86%
Government reliance
Government grants — · Total revenue $882K
Earned-income share
Program service revenue $0 · Total revenue $882K
0%
Investment reliance
Investment income $277 · Total revenue $882K
+0.03%
Program self-sufficiency
Program service revenue $0 · Total expenses $376K
0%
Growth & trend
Revenue growth (YoY)
This year $882K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $880K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $882K · Expenses $376K
+57%
Liabilities-to-Assets
Total liabilities — · Total assets $895K
Net-asset ratio
Net assets $880K · Total assets $895K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $895K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kira Mann · Reported title CEO · Highest reported compensation $90K · Total expenses $376K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $179K · Total expenses $376K
48%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 10%
Fundraising cost ratio 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
Dillon FundFY2024$5K
Total grants receivedfrom 4 funders$35K
See all 4 funders →
Grants paid · 1 grant · $42K · 2022–2022
Unitemized GrantFY2022$42,000

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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)$417K revenue · ⤓ 990 PDF
FY2023$754K revenue · ⤓ 990 PDF
FY2022$415K revenue · ⤓ 990 PDF
FY2021$398K revenue · ⤓ 990 PDF
FY2020$882K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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