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Global Genomic Medicine Collaborative FY2020 filing

Tax-deductible

Durham, NC501(c)(3)Health Care EIN 81-3079744Revenue $918K in FY2020Latest return filed Apr 30, 2025

On file with the IRSg2mc.orgDurham, NCTax-exempt since Mar 2018Publicly supported charity — 170(b)(1)(A)(vi)

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The entity is organized and operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code to include advancing Genomic Medicine in clinical care through Global collaborations.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-3079744) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
97¢ 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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $28K a year · 3% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
97% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
10.9 mo
of spending, in cash
10.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $177K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.2% of total assets
Liabilities are 0.2% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$918K
Spent
$698K
To programs
97%
Net assets
$632K
By yearFY2020–FY2024
Revenue
$918K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$918K
FY2021$1.7M
FY2022$952K
FY2023$227K
FY2024$667K
Expenses
$698K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$698K
FY2021$955K
FY2022$1.1M
FY2023$1.2M
FY2024$670K
Net assets
$632K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$632K
FY2021$1.4M
FY2022$1.2M
FY2023$277K
FY2024$284K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2018.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $676K Management & general 3% · $22K

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

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Global Genomic Medicine Collaborative executive salaries →

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

Advance genomic medicine in clinical care through global collaborations.

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1 program · $676K · in their own filed words · FY2020
01

Meeting expenses associated with bringing together medical experts around the world to in order to pursue the entity's exempt and charitable purpose of advancing genmoic medical research and solutions.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-3079744) · Dispute this line
$676Kprogram 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 · FY2020
Silicon Valley Community FoundationFY2020$167K
Donor Advised Charitable Giving INCFY2020$10K
Total grants receivedfrom 2 funders$177K
Grants paid · 5 grants · $306K · 2020–2022
The Children's Hospital of PhiladelphiaPA · FY2022$117,500
University of Maryland BaltimoreFY2022$55,078
The Children's Hospital of PhiladelphiaPA · FY2021$82,500
Mass General Brigham IncorporatedMA · FY2021$20,637
The Children's Hospital of PhiladelphiaPA · FY2020$30,000

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$918K
Ln 12
Gifts and grantsLn 1h$918K
Money outPt IX
$698K
Ln 25
Programscol B$676K
Managementcol C$22K
Owns and owesPt X
$632K
net assets · Ln 32
Cash and savingsLn 1–2$633K
Total assetsLn 16$633K
LiabilitiesLn 26$1K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$918K
Total revenueLn 12$918K
Assets in detailPt X, end of year
CashLn 1$633K
Cash and savings togetherLn 1–2$633K
Total assetsLn 16$633K
LiabilitiesLn 26$1K
Net assetsLn 32$632K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$254K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$421K$633K
Total assetsLn 16$421K$633K
LiabilitiesLn 26$9K$1K
Net assetsLn 32$412K$632K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$30K$30K
Grants and assistance to foreign recipientsLn 3$254K$254K
Legal feesLn 11b$18K$18K
Office expensesLn 13$359$359
Information technologyLn 14$2K$2K
TravelLn 17$8K$8K
Conferences, conventions and meetingsLn 19$38K$38K
Other expenses (24a–d)Ln 24$347K$345K$1K
Total functional expensesLn 25$698K$676K$22K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Apr 30, 2025 $667K$670K−$4K$284K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $227K$1.2M−$957K$277K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $952K$1.1M−$130K$1.2M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $1.7M$955K$732K$1.4M 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $918K$698K$220K$632K 990 PDF

Schedules filed Part IV

A · Public support F · Foreign I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $917,522 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $329,000$917,522
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $329,000$917,522
I-13 Grants and similar amounts paid$284,319
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $406,361$413,557
I-18 Total expensesPrior year $406,361$697,876
I-19 Revenue less expensesPrior year −$77,361$219,646
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $917,522 across 3 lines filed
VIII-1f All other contributions, gifts and grants$917,522
VIII-1h Total contributions, gifts and grants$917,522
VIII-12 Total revenue$917,522
Part IX · Statement of functional expenses $697,876 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $30,000$30,000
IX-3 Grants and assistance to foreign recipientsPrograms $254,319$254,319
IX-11b Legal feesManagement $17,760$17,760
IX-13 Office expensesManagement $359$359
IX-14 Information technologyManagement $2,167$2,167
IX-17 TravelPrograms $8,380$8,380
IX-19 Conferences, conventions and meetingsPrograms $38,389$38,389
IX-24 Other expenses (24a–d)Programs $345,225 · Management $1,277$346,502
IX-25 Total functional expensesPrograms $676,313 · Management $21,563 · Fundraising $0$697,876
Part X · Balance sheet $633,214 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $421,478$633,214
X-16 Total assetsStart of year $421,478$633,214
X-25 Other liabilitiesStart of year $9,363$1,453
X-26 Total liabilitiesStart of year $9,363$1,453
X-27 Net assets without donor restrictionsStart of year $412,115$631,761
X-32 Total net assets or fund balancesStart of year $412,115$631,761
X-33 Total liabilities and net assetsStart of year $421,478$633,214
Part XI · Reconciliation of net assets $631,761 net assets at year end
XI-1 Total revenue$917,522
XI-2 Total expenses$697,876
XI-3 Revenue less expenses$219,646
XI-4 Net assets at start of year$412,115
XI-10 Net assets at end of year$631,761

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

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