Dirt Patch Science FY2020 filing

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EIN 82-4227138 Private foundation / grantmaker San Antonio, TX NTEE H99
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2024
Revenue
$50K
FY2020
Expenses
$77K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Educates about Mannose Binding Lectin imbalance and its links to autoimmune and Alzheimer's diseases. For fiscal year 2020 it reported $50K in revenue, $77K in expenses, and $146K in net assets.Pt I

Type
Private foundation / grantmaker · Medical Research
Location
San Antonio, TX
Website
dirtpatchscience.com
Filings
5 on file (2020–2020)
Revenue
$50KFY2020
Expenses
$77K
Net assets
$146K
People
3
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Size
<$100K
What they do
Educates about Mannose Binding Lectin imbalance and its links to autoimmune and Alzheimer's diseases.
Leadership
Jeanine Krystal Lorenzo · Director & C · $50K
Money in and out
$50K revenue, $77K expenses
Bottom line
99% program efficiency
Grants paid & assets · FY2020
Total revenue
$50K
Pt VIII · Ln 12
Total expenses
$77K
Pt IX · Ln 25
Net assets
$146K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
24.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-54%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$154K
FY2020
Total liabilities
$8K
FY2020
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$154K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CDirt Patch Science
EINHdr · item D82-4227138
Principal addressHdr · item CSan Antonio, TX
WebsiteHdr · item Jdirtpatchscience.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMedical Research (H99)
Ruling yearIRS BMFApr 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$50,000Pt VII · Sec A
President an
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Jeanine Krystal Lorenzo$130,000$102,917$62,500$50,000

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

2 program services account for $76K of program spending, described in the organization's own filed words · FY2020.
01

Develop the website to use as the forum for doctors, researchers, and scientists to discuss their work and findings.

$68Kprogram expense
02

Document the condition through various medical treatments, tests, and interviews.

$8Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$50K
Total revenueLn 12$50K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$76K
Management & general1%$707
Total functional expensesLn 25$77K

Balance Sheet

Part X · end of year
CashLn 1$154K
Total assetsLn 16$154K
Total liabilitiesLn 26$8K
Total net assetsLn 32$146K
Months of cash on handcomputed24.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $154K · Operating expenses/yr $77K
24.0 months
Where the money goes
Program services
Program services $76K · Total expenses $77K
99%
Management & General
Management & general $707 · Total expenses $77K
0.9%
Fundraising
Fundraising $0 · Total expenses $77K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $50K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $50K · Total revenue $50K
100%
Government reliance
Government grants — · Total revenue $50K
—
Earned-income share
Program service revenue $0 · Total revenue $50K
0%
Investment reliance
Investment income $0 · Total revenue $50K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $77K
0%
Growth & trend
Revenue growth (YoY)
This year $50K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $146K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $50K · Expenses $77K
-54%
Liabilities-to-Assets
Total liabilities — · Total assets $154K
—
Net-asset ratio
Net assets $146K · Total assets $154K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $154K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jeanine Krystal Lorenzo · Reported title DIRECTOR & C · Highest reported compensation $50K · Total expenses $77K
65%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $54K · Total expenses $77K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%——
Overhead ratio 0.9%——
Fundraising cost ratio 0%——
Legal 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.

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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)$200K revenue · ⤓ 990 PDF
FY2023$200K revenue · ⤓ 990 PDF
FY2022$170K revenue · ⤓ 990 PDF
FY2021$50K revenue · ⤓ 990 PDF
FY2020$50K 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
Names, privacy, and removal requests More

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