Race Md

Nonprofit profile at a glance

EIN
263759201
IRS 990-EZ coverage
2010–2021
Forms available
Form 990-EZ 2021, Form 990-N 2017
Location
Portland, OR, USA
Phone
5037817408
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$46,304
Expenses
$45,710
Assets
$68,841
Liabilities
$46,462

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • CHRISTOPHER JAMES (PRESIDENT)

People named in this filing

  • CHRISTOPHER JAMES (PRESIDENT)
  • DANIELLE JAMES (SECRETARY)
  • FRANCIS BRAUD JR (MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Research into duchenne muscular dystrophy to establish therapy

What it reported doing in 2021

STATEMENT of PROGRAM SERVICE ACCOMPLISHMENTS, PART III, Program 1. Continued biomarker analysis of Stromal Vascular Fraction (SVF) clinical trial IRB approved study, including 15 Serum biomarkers, functional studies and analysis. Analysis of mitochondrial deficits. Benefitted two clinics, four patients, one laboratory. $25,000 Program 2. Continued collaboration with American Cryostem Corporation for FDA approved Investigation of New Drug (IND) concerning family member stem CELLS 10000 Program 3. Work on organized stem cell laboratory program for Native American operations and possible use as clinical sites for Duchenne muscular dystrophy therapy. $5,000 Program 4. Research effect of COVID on Duchenne muscular dystrophy patients especially pulmonary function and mechanism of injury. $5,000

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 42
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.7%; rating input score 99
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 1.3%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 1.51; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.67; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -6.5% per year; rating input score 0; 41st percentile among comparable filings
  • Revenue growth: -7.2% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 98.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $46K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2010 to 2021
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.