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Health : Medical Research (Grantmaking/Grants Payable)

FRAXA Research Foundation

Finding a cure for Fragile X

four stars

94.47

10 Prince Place, Suite 203 Newburyport, MA 01950
tel: (978) 462-1866   Web Site
EIN: 04-3222167

Board Leadership
Debbie Stevenson
Chairperson of the Board

CEO
Katie Clapp
President, Co-Founder

  Score
(out of 100)
Rating
Overall Score & Rating 94.47 four stars
  Financial 93.29 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.

FRAXA Research Foundation was founded in 1994 by three parents of children with Fragile X syndrome 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 $25 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.

FRAXA Research Foundation was founded in 1994 by three parents of children with Fragile X syndrome 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 $25 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.

Impact Information

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This impact information is current as of October 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

93.29

Accountability & Transparency

four stars

96.00

This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
89.9%
  Administrative Expenses 3.8%
  Fundraising Expenses 6.1%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.45
  Program Expenses Growth 1.3%
  Liabilities to Assets 7.2%
All data for Financial Performance Metrics calculations was provided by FRAXA Research Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by FRAXA Research Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
FRAXA Research Foundation (MA) 94.47 four stars
Conquer Cancer Foundation of the American Society of Clinical Oncology (VA) 92.06 four stars
Brain & Behavior Research Foundation (NY) 87.30 three stars
Sansum Diabetes Research Institute (CA) 91.21 four stars
AIDS United (DC) 93.98 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,454,809
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $358,888
   Related Organizations $0
   Government Grants $0
Total Contributions $1,813,697
   Program Service Revenue $0
Total Primary Revenue $1,813,697
   Other Revenue $30,958
TOTAL REVENUE $1,844,655
   
EXPENSES  
   Program Expenses $1,320,731
   Administrative Expenses $71,203
   Fundraising Expenses $124,771
TOTAL FUNCTIONAL EXPENSES $1,516,705
   
Payments to Affiliates $0
Excess (or Deficit) for the year $327,950
   
Net Assets $2,246,566

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Fundraising for Research Grants $1,206,747 91.4%
Fund Programs for Education about Fragile X $113,984 8.6%

Ratings History
FRAXA Research Foundation has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 11/01/2019 94.47 four stars
2017-12 03/01/2019 97.17 four stars
2016-12 12/01/2018 92.92 four stars
2015-12 06/01/2017 92.92 four stars
2015-12 12/01/2016 91.36 four stars
2014-12 06/01/2016 92.92 four stars
 
CN 2.0
2014-12 12/23/2015 91.59 four stars
2013-12 12/22/2014 89.24 three stars
2012-12 11/01/2013 81.41 three stars
2011-12 12/01/2012 88.40 three stars
2010-12 11/01/2011 73.37 two stars
2009-12 09/20/2011 76.75 two stars
 
CN 1.0
2009-12 11/24/2010 73.90 two stars
2007-12 07/01/2009 85.25 three stars
2006-12 04/01/2008 93.55 four stars
2005-12 02/01/2008 88.89 three stars
2004-12 08/01/2005 88.08 three stars
2003-12 08/01/2004 77.55 two stars
2002-12 08/01/2003 94.41 four stars
2001-12 04/15/2003 94.69 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-3222167
Name in IRS Master File FRAXA RESEARCH FOUNDATION INC
NTEE Code H99
NTEE Classification Medical Research N.E.C.
NTEE Type Medical Research
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(161) Scientific research (diseases)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1994
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$94,751 6.24% Katherine Clapp President
Other Salaries of Note
$113,509 7.48% David Bjork Development Director

Highly Rated

Charity Name & State Overall Score Overall Rating
FRAXA Research Foundation (MA) 94.47 four stars
Dystonia Medical Research Foundation (IL) 93.30 four stars
International Rett Syndrome Foundation (OH) 85.57 three stars
Conquer Cancer Foundation of the American Society of Clinical Oncology (VA) 92.06 four stars
American Psychiatric Association Foundation (DC) 86.81 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

FRAXA Research Foundation
10 Prince Place, Suite 203
Newburyport, MA 01950
tel: (978) 462-1866
EIN: 04-3222167

Visit Web Site

Board Leadership

Debbie Stevenson
Chairperson of the Board

CEO

Katie Clapp
President, Co-Founder

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