To provide funding for research and to promote awareness for the treatment and ultimate cure of multiple sclerosis.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
Run by 50 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: 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
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 5
filings with a surplus
Average deficit $288K a year · 23% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$402K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $1.5M in investments, Pt X · Ln 11–13
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
26
named funders · $421K
Looks good: 26 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$962K
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 13 voting members
Looks good: 11 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+10% vs prior year
Spent
$1.7M
To programs
69%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$1.3M
FY2024▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.1M
FY2023$1.2M
FY2024$1.3M
Expenses
$1.7M
FY2024▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$1.4M
FY2022$1.4M
FY2023$1.6M
FY2024$1.7M
Net assets
$1.3M
FY2024▼ -24%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$2.8M
FY2022$2.3M
FY2023$1.8M
FY2024$1.3M

From the FY2024 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 1994.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $1.1M Management & general 15% · $253K Fundraising 16% · $264K

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

14 people listed on the 990; $402K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/Ch
$221,760Pt VII · Sec A
$179,829Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Nancy Davis$221,760$202,400$192,000$192,000$192,000
Elizabeth Seares$179,829$164,523$149,475$141,998$141,250

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds research and promotes awareness for multiple sclerosis treatment and cure.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2024
01

Funding research is the core focus of the foundation and all funds raised support our center without walls program, a selected network of the nations top MS research centers. This nationwide collaboration of physicians and scientists are on the cutting-edge of innovative research programs, working as a team on therapeutic approaches to…

$1.1Mprogram 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 · FY2024
See all 26 funders →
Grants paid · 29 grants · $1.9M · 2020–2024
The Johns Hopkins HospitalMD · FY2024$120,000
Oregon Health & Science UniversityFY2024$60,000
Ucsf Department of NeurologyCA · FY2024$60,000
Yale University Neuroscience DepartFY2024$60,000
Oregon Health & Science UniversityFY2023$60,000
Ucsf Department of NeurologyCA · FY2023$60,000
The UCLA FoundationCA · FY2023$60,000
Brigham & Women's Hospital HarvardFY2023$60,000
Yale University Neuroscience DepartFY2023$60,000
The Johns Hopkins HospitalMD · FY2023$60,000
Ucsf Department of NeurologyCA · FY2022$60,000
The UCLA FoundationCA · FY2022$60,000
Brigham & Women's Hospital HarvardFY2022$60,000
Yale University Neuroscience DepartFY2022$60,000
The Johns Hopkins HospitalMD · FY2022$60,000
Brigham & Women's Hospital HarvardFY2021$120,000
See all 29 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$116K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.1M
Managementcol C$253K
Fundraisingcol D$264K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$461K
Total assetsLn 16$2.3M
LiabilitiesLn 26$962K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Fundraising eventsLn 1c$1.1M
Investment incomeLn 3$116K
Gains on assetsLn 7−$349
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$461K
Cash and savings togetherLn 1–2$461K
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$664
Other assetsLn 15$311K
Total assetsLn 16$2.3M
LiabilitiesLn 26$962K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 56
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$459K$461K
InvestmentsLn 11–13$1.6M$1.5M
Land, buildings, equipmentLn 10c$1K$664
Total assetsLn 16$2.1M$2.3M
LiabilitiesLn 26$368K$962K
Net assetsLn 32$1.8M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$360K$360K
Pay of current officers, directors and key staffLn 5$402K$241K$80K$80K
Other salaries and wagesLn 7$183K$110K$37K$37K
Pension plan contributionsLn 8$12K$7K$2K$2K
Other employee benefitsLn 9$122K$73K$24K$24K
Payroll taxesLn 10$48K$29K$10K$10K
Management feesLn 11a$60K$60K
Legal feesLn 11b$16K$16K
Accounting feesLn 11c$35K$35K
Office expensesLn 13$12K$7K$2K$2K
Information technologyLn 14$16K$10K$3K$3K
OccupancyLn 16$69K$41K$14K$14K
TravelLn 17$32K$22K$10K
Depreciation, depletion and amortizationLn 22$442$266$88$88
InsuranceLn 23$16K$10K$3K$3K
Other expenses (24a–d)Ln 24$239K$160K$21K$59K
All other expensesLn 24e$42K$17K$6K$19K
Total functional expensesLn 25$1.7M$1.1M$253K$264K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.3M$1.7M−$377K$1.3M 990 PDF
FY2023 $1.2M$1.6M−$459K$1.8M 990 PDF
FY2022 $1.1M$1.4M−$359K$2.3M 990 PDF
FY2021 $1.5M$1.4M$27K$2.8M 990 PDF
FY2020 $1.3M$1.6M−$273K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,286,955 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,174,180$1,171,334
I-9 Program service revenue$0
I-10 Investment incomePrior year −$1,518$115,621
I-11 Other revenue$0
I-12 Total revenuePrior year $1,172,662$1,286,955
I-13 Grants and similar amounts paidPrior year $360,000$360,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $701,203$766,024
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $570,817$537,725
I-18 Total expensesPrior year $1,632,020$1,663,749
I-19 Revenue less expensesPrior year −$459,358−$376,794
Part VI · Governance 11 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsYes
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 $1,286,955 across 6 lines filed
VIII-1c Fundraising events$1,059,206
VIII-1f All other contributions, gifts and grants$112,128
VIII-1h Total contributions, gifts and grants$1,171,334
VIII-3 Investment incomeExcluded from tax $115,970$115,970
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$349−$349
VIII-12 Total revenueExcluded from tax $115,621$1,286,955
Part IX · Statement of functional expenses $1,663,749 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $360,000$360,000
IX-5 Pay of current officers, directors and key staffPrograms $240,953 · Management $80,318 · Fundraising $80,318$401,589
IX-7 Other salaries and wagesPrograms $109,796 · Management $36,598 · Fundraising $36,598$182,992
IX-8 Pension plan contributionsPrograms $6,974 · Management $2,325 · Fundraising $2,325$11,624
IX-9 Other employee benefitsPrograms $72,956 · Management $24,318 · Fundraising $24,318$121,592
IX-10 Payroll taxesPrograms $28,937 · Management $9,645 · Fundraising $9,645$48,227
IX-11a Management feesPrograms $59,731$59,731
IX-11b Legal feesManagement $15,937$15,937
IX-11c Accounting feesManagement $34,665$34,665
IX-13 Office expensesPrograms $7,426 · Management $2,476 · Fundraising $2,476$12,378
IX-14 Information technologyPrograms $9,830 · Management $3,276 · Fundraising $3,276$16,382
IX-16 OccupancyPrograms $41,338 · Management $13,780 · Fundraising $13,780$68,898
IX-17 TravelPrograms $22,266 · Fundraising $9,543$31,809
IX-22 Depreciation, depletion and amortizationPrograms $266 · Management $88 · Fundraising $88$442
IX-23 InsurancePrograms $9,556 · Management $3,185 · Fundraising $3,185$15,926
IX-24 Other expenses (24a–d)Programs $159,862 · Management $20,625 · Fundraising $58,640$239,127
IX-24e All other expensesPrograms $17,179 · Management $5,900 · Fundraising $19,351$42,430
IX-25 Total functional expensesPrograms $1,147,070 · Management $253,136 · Fundraising $263,543$1,663,749
Part X · Balance sheet $2,305,612 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $458,706$461,348
X-8 Inventories for sale or useStart of year $31,283$28,155
X-9 Prepaid expenses and deferred chargesStart of year $33,766$46,253
X-10c Land, buildings and equipment, netStart of year $1,106$664
X-11 Publicly traded securitiesStart of year $1,587,507$1,458,045
X-15 Other assetsStart of year $10,260$311,147
X-16 Total assetsStart of year $2,132,875$2,305,612
X-17 Accounts payable and accrued expensesStart of year $106,475$159,731
X-18 Grants payableStart of year $220,000$360,000
X-19 Deferred revenueStart of year $30,716$130,142
X-25 Other liabilitiesStart of year $10,466$312,398
X-26 Total liabilitiesStart of year $367,657$962,271
X-27 Net assets without donor restrictionsStart of year $1,765,218$1,343,341
X-32 Total net assets or fund balancesStart of year $1,765,218$1,343,341
X-33 Total liabilities and net assetsStart of year $2,132,875$2,305,612
Part XI · Reconciliation of net assets $1,343,341 net assets at year end
XI-1 Total revenue$1,286,955
XI-2 Total expenses$1,663,749
XI-3 Revenue less expenses−$376,794
XI-4 Net assets at start of year$1,765,218
XI-5 Net unrealized gains (losses) on investments−$45,083
XI-10 Net assets at end of year$1,343,341

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

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