KATE FOUNDATION FOR RETT SYNDROME RESEARCH INC

EIN: 271218153 501(c)(3) Medical Research

OLD SAYBROOK, CT

Total Revenue
$37,283
Total Expenses
$40,991
Total Assets
$11,772
Net Assets
$3,471
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CT
Principal Officer
JEFFREY J CANAVAN
Phone
2034648384
Tax Period
2019-01-01 to 2019-12-31

KATE FOUNDATION FOR RETT SYNDROME RESEARCH INC, founded in 2009, is a micro nonprofit in the Medical Research sector that reported $37K in total revenue in fiscal year 2019. Revenue fell 77% from the prior year — a significant decline worth monitoring.

Mission

TO RAISE AWARENESS OF RETT SYNDROME AND OTHER MECP2 DISORDERS, AND TO SUPPORT AND PROMOTE SCIENTIFIC RESEARCH SEEKING THE REVERSAL OF RETT SYNDROME AND RELIEF OF RETT SYNDROME SYMPTOMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $38,951
Program Service Revenue $0
Investment Income $0
Other Revenue $-1,668
TOTAL REVENUE $37,283

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $40,000
Other Expenses $991
TOTAL EXPENSES $40,991

Year-over-Year Comparison

2019 2018 Change
Revenue $37,283 $162,428 -0.8%
Expenses $40,991 $179,384 -0.8%
Net Income $-3,708 $-16,956 -0.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY J CANAVAN PRESIDENT 10.00
Officer
$0 $0 $0
SARAH S CANAVAN SECRETARY 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $37,283 $40,991 $11,772 $-3,708
2018 $162,428 $179,384 $14,294 $-16,956
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