Rare-X

Aliso Viejo, CAUnknown exempt organizationEIN 84-2298259

RARE-X believes that by enabling rare patient communities to more easily gather structure and securely share critical inclusive data through a common platform in collaboration with researchers drug developers and clinicians anywhere in the world we will accelerate diagnosis disease understanding and development of future treatments and cures across more than 9,500 rare diseases.

81¢ of each $1 spent went to programs.
$198K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $247K a year · 18% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$198K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$330K
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 15 voting members
Looks good: 13 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
+62% vs prior year
Spent
$1.7M
To programs
81%
Net assets
$493K
By yearFY2020–FY2021
Revenue
$1.7M
FY2021▲ +62%
Revenue by fiscal year
FY2020$1.1M
FY2021$1.7M
Expenses
$1.7M
FY2021▲ +191%
Expenses by fiscal year
FY2020$577K
FY2021$1.7M
Net assets
$493K
FY2021▲ +4%
Net assets by fiscal year
FY2020$473K
FY2021$493K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $1.4M Management & general 13% · $221K Fundraising 6% · $104K

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

Who runs it and what they're paid

17 people listed on the 990; $198K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$148,000Pt VII · Sec A
$50,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2021FY2020
Nicole Boice$148,000—
Nicole Boice—$69,000
Charlene Son Rigby$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.

See Rare-X executive salaries →

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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

Connects rare disease patients, researchers, and doctors to share data, speeding up diagnoses and treatments.

Provided by the organization

This section is blank until Rare-X claims this page.

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1 program service account for $1.4M of program spending, described in the organization's own filed words · FY2021.
01

Rare-X Is

- piloting a series of demonstration projects, partnering with rare disease communities, to apply technology proven in other large-scale public health and genomic data-sharing initiatives to support the global needs of those developing treatments and caring for rare disease patients.- leveraging existing technology powered by the Broad…

$1.4Mprogram expense

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Gifts and grantsLn 1h$1.7M
Money outPt IX
$1.7M
Ln 25
Programscol B$1.4M
Managementcol C$221K
Fundraisingcol D$104K
Owns and owesPt X
$493K
net assets · Ln 32
Cash and savingsLn 1–2$659K
Total assetsLn 16$823K
LiabilitiesLn 26$330K
PeoplePt VI, VII
17
listed · VII A
PaidVII A2
Voting boardVI 1a15
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Gains on assetsLn 7$0
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$659K
SavingsLn 2$0
Cash and savings togetherLn 1–2$659K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$13K
Other assetsLn 15$1K
Total assetsLn 16$823K
LiabilitiesLn 26$330K
Net assetsLn 32$493K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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 FY21End FY21
Cash and savingsLn 1–2$857K$659K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$16K$13K
Total assetsLn 16$874K$823K
LiabilitiesLn 26$401K$330K
Net assetsLn 32$473K$493K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$198K$94K$68K$36K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$310K$147K$106K$57K
Legal feesLn 11b$39K$39K$333
Accounting feesLn 11c$19K$19K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$279K$267K$6K$5K
Advertising and promotionLn 12$13K$8K$5K$657
Office expensesLn 13$0
Information technologyLn 14$447K$436K$8K$3K
RoyaltiesLn 15$0
OccupancyLn 16$7K$7K
TravelLn 17$4K$3K$76$195
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$647$647
Other expenses (24a–d)Ln 24$361K$355K$4K$957
All other expensesLn 24e$946$946
Total functional expensesLn 25$1.7M$1.4M$221K$104K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $1.7M$1.7M$20K$493K 990 PDF
FY2020 $1.1M$577K$473K$473K 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
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $1,701,050 across 8 lines filed
VIII-1f All other contributions, gifts and grants$1,701,050
VIII-1h Total contributions, gifts and grants$1,701,050
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$1,701,050
Part IX · Statement of functional expenses $1,681,033 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $93,933 · Management $67,624 · Fundraising $36,443$198,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $147,067 · Management $105,876 · Fundraising $57,057$310,000
IX-11b Legal feesPrograms $38,507 · Management $333$38,840
IX-11c Accounting feesManagement $19,059$19,059
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $267,428 · Management $5,636 · Fundraising $5,448$278,512
IX-12 Advertising and promotionPrograms $7,582 · Management $5,054 · Fundraising $657$13,293
IX-13 Office expenses$0
IX-14 Information technologyPrograms $435,796 · Management $8,151 · Fundraising $3,115$447,062
IX-15 Royalties$0
IX-16 OccupancyPrograms $7,100$7,100
IX-17 TravelPrograms $3,286 · Management $76 · Fundraising $195$3,557
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $3,464$3,464
IX-23 InsuranceManagement $647$647
IX-24 Other expenses (24a–d)Programs $355,326 · Management $4,270 · Fundraising $957$360,553
IX-24e All other expensesManagement $946$946
IX-25 Total functional expensesPrograms $1,356,025 · Management $221,136 · Fundraising $103,872$1,681,033
Part X · Balance sheet $822,952 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $856,943$659,432
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$150,000
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $100$0
X-10c Land, buildings and equipment, netStart of year $15,984$12,520
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,000$1,000
X-16 Total assetsStart of year $874,027$822,952
X-17 Accounts payable and accrued expensesStart of year $25,856$329,764
X-26 Total liabilitiesStart of year $400,856$329,764
X-27 Net assets without donor restrictionsStart of year $473,171$493,188
X-32 Total net assets or fund balancesStart of year $473,171$493,188
X-33 Total liabilities and net assetsStart of year $874,027$822,952
Part XI · Reconciliation of net assets $493,188 net assets at year end
XI-1 Total revenue$1,701,050
XI-2 Total expenses$1,681,033
XI-3 Revenue less expenses$20,017
XI-4 Net assets at start of year$473,171
XI-10 Net assets at end of year$493,188

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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