Lmsarcoma Direct Research Foundation FY2022 filing

Tax-deductible

Tulsa, OK501(c)(3)Science & TechnologyEIN 87-0763851Revenue $374K in FY2022

On file with the IRSlmsdr.org5927 S Louisville Pl, 74135-7810 · Tulsa, OKTax-exempt since Mar 2022Publicly supported charity — 170(b)(1)(A)(vi)

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To help find a cure for Leiomyosarcoma by creating a relationship with researchers in which we help fund projects that can lead to effective treatments. The secondary mission is to provide a forum for Patients and care givers to share information and access to the latest studies.

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

FY2022 · 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
4 of 4
filings with a surplus
Average surplus $376K a year · 59% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
38 mo
of spending, in cash
Looks good: 38.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $37K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$374K
+27% vs prior year
Spent
$226K
To programs
97%
Net assets
$714K
By yearFY2021–FY2024
Revenue
$374K
FY2022▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2021$294K
FY2022$374K
FY2023$432K
FY2024$1.5M
Expenses
$226K
FY2022▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2021$274K
FY2022$226K
FY2023$230K
FY2024$330K
Net assets
$714K
FY2022▲ +26%
Tap a bar for its year
Net assets by fiscal year
FY2021$565K
FY2022$714K
FY2023$916K
FY2024$2.1M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2021-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Mar 2022.

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% · $219K Management & general 2% · $3K Fundraising 1% · $3K

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
Treasurer and V. President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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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 15aNo

Programs and updates

Fund research and connect patients with information to find a cure for Leiomyosarcoma.

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Provided by the organization

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3 programs · $213K · in their own filed words · FY2022
01

We funded 5 additional cancer research grants to accelerate the knowledge toward treatment for Leiomyosarcoma.

$163Kprogram expense
02

$50,000 awarded to Cedar Sinai Medical Center for their research into Novel Treatments for Leiomyosarocoma. They have built a collection of clinically relevant active regulatory regions in uterine LMS genomes by mapping DNA elements that are responsible to turn on tumor-specific gene expression.

$50Kprogram expense
03

We established a Support Group Lifeline in order to serve newly diagnosed patients with information, support, guidance, and hope for treatment of their condition.

Pt IX · col B

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 4 funders →
Grants paid · 15 grants · $978K · 2021–2024
City of HopeCA · FY2024$50,000
McGill UniversityFY2023$150,000
Ichan School of MedicineFY2023$50,000
SarcMI · FY2023$10,000
Cedars-Sinai Medical CenterCA · FY2022$50,000
Sarcoma Alliance for Research CollaborationFY2022$50,000
City of HopeCA · FY2022$50,000
Individual RecipientFY2022$19,138
Rockefeller UniversityNY · FY2022$5,618
McGill UniversityFY2021$150,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$374K
Ln 12
Gifts and grantsLn 1h$369K
Investment incomeLn 3$5K
Other incomeLn 4–11$240
Money outPt IX
$226K
Ln 25
Programscol B$219K
Managementcol C$3K
Fundraisingcol D$3K
Owns and owesPt X
$714K
net assets · Ln 32
Cash and savingsLn 1–2$716K
Total assetsLn 16$716K
LiabilitiesLn 26$2K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$369K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$5K
Other incomeLn 4–11$240
Total revenueLn 12$374K
Assets in detailPt X, end of year
CashLn 1$114K
SavingsLn 2$602K
Cash and savings togetherLn 1–2$716K
Total assetsLn 16$716K
LiabilitiesLn 26$2K
Net assetsLn 32$714K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$567K$716K
Total assetsLn 16$567K$716K
LiabilitiesLn 26$2K$2K
Net assetsLn 32$565K$714K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$213K$213K
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Accounting feesLn 11c$2K$2K
Office expensesLn 13$1K$1K
Information technologyLn 14$6K$6K
Other expenses (24a–d)Ln 24$3K$0$0$3K
Total functional expensesLn 25$226K$219K$3K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$330K$1.1M$2.1M 990 PDF
FY2023 $432K$230K$202K$916K 990 PDF
FY2022 Viewing $374K$226K$149K$714K 990 PDF
FY2021 $294K$274K$20K$565K 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 FY2022 990 (6 parts)
Part I · Summary $374,295 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $288,641$368,755
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $5,168$5,300
I-11 Other revenuePrior year $0$240
I-12 Total revenuePrior year $293,809$374,295
I-13 Grants and similar amounts paidPrior year $262,518$213,390
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $11,216$12,266
I-18 Total expensesPrior year $273,734$225,656
I-19 Revenue less expensesPrior year $20,075$148,639
Part VI · Governance 3 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $374,295 across 11 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$368,755
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$368,755
VIII-3 Investment incomeRelated to mission $5,300 · Unrelated business $0 · Excluded from tax $0$5,300
VIII-5 RoyaltiesRelated to mission $240 · Unrelated business $0 · Excluded from tax $0$240
VIII-12 Total revenueRelated to mission $5,540 · Unrelated business $0 · Excluded from tax $0$374,295
Part IX · Statement of functional expenses $225,656 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $213,390$213,390
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesManagement $2,400$2,400
IX-13 Office expensesManagement $1,004$1,004
IX-14 Information technologyPrograms $5,736$5,736
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $3,126$3,126
IX-25 Total functional expensesPrograms $219,126 · Management $3,404 · Fundraising $3,126$225,656
Part X · Balance sheet $715,769 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $147,450$114,226
X-2 Savings and temporary cash investmentsStart of year $419,680$601,543
X-16 Total assetsStart of year $567,130$715,769
X-17 Accounts payable and accrued expensesStart of year $1,832$1,832
X-26 Total liabilitiesStart of year $1,832$1,832
X-32 Total net assets or fund balancesStart of year $565,298$713,937
X-33 Total liabilities and net assetsStart of year $567,130$715,769
Part XI · Reconciliation of net assets $713,937 net assets at year end
XI-1 Total revenue$374,295
XI-2 Total expenses$225,656
XI-3 Revenue less expenses$148,639
XI-4 Net assets at start of year$565,298
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$713,937

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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