Public Benefit : Fundraising Organizations

FRAXA Research Foundation

Finding a cure for Fragile X

Rating

Overall Rating    
      (55.25)
Organizational Efficiency      
Program Expenses 81.0%    
Administrative Expenses 3.9%    
Fundraising Expenses 15.0%    
Fundraising Efficiency $0.06    
Efficiency Rating    
      (33.10)
Organizational Capacity      
Primary Revenue Growth 34.3%    
Program Expenses Growth 2.1%    
Working Capital Ratio (years) 2.77    
Capacity Rating    
      (22.15)

Income Statement     (FYE 12/2007)

Revenue  
Primary Revenue $4,522,648
Other Revenue $470,328
Total Revenue $4,992,976
   
Expenses  
Program Expenses $1,488,730
Administrative Expenses $72,584
Fundraising Expenses $276,042
Total Functional Expenses $1,837,356
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,155,620
   
Net Assets $5,120,448

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

FRAXA Research Foundation
45 Pleasant Street
Newburyport, MA 01950
tel: (978) 462-1866
fax: (978) 463-9985
EIN: 04-3222167

Contact Email
Visit Web Site

Leadership      (FYE 12/2007)

Name Title Compensation % of Expenses
Katherine N. Clapp Executive Director, Co-Founder (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $72,857 3.96%
Other Salaries of Note
Michael Tranfaglia Medical Director, Co-Founder (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) $89,108 4.84%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

FRAXA Research Foundation was founded in 1994 by three parents of children with Fragile X syndrome, Katie Clapp, Michael Tranfaglia, MD, and Kathy May, to support scientific research aimed at finding a treatment and a cure for Fragile X syndrome. Fragile X research is drastically underfunded, considering its high prevalence, prospects for a cure, and the promise that this research holds for advancing understanding of other disorders like autism, Alzheimer's disease, and X-linked mental retardation. FRAXA funds grants and fellowships at universities all over the world. We have funded more than $17 million dollars in top-notch science. Fragile X is the most common inherited cause of intellectual impairment and the most common known genetic cause of autism.

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