The Bluefield Project to Cure Frontotemporal Dementia

EIN: 272444495 501(c)(3) Diseases & Disorders

San Francisco, CA

Total Revenue
$2,276,172
Total Expenses
$7,518,101
Total Assets
$18,325,811
Net Assets
$18,038,142
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CA
Principal Officer
Robin Richards Donohoe
Phone
4156261501
Tax Period
2024-01-01 to 2024-12-31

The Bluefield Project to Cure Frontotemporal Dementia, founded in 2010, is a community nonprofit in the Diseases & Disorders sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $7.5M exceeded revenue, resulting in a 230% operating deficit.

Mission

The Organization's primary mission is to help find a cure for Frontotemporal dementia (FTD). The Bluefield Project was founded by a family group whose lives have been directly impacted by FTD. FTD is a clinical syndrome caused by degeneration of the [continued on page 2]

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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 (2024)

Revenue Breakdown

Contributions & Grants $236,757
Program Service Revenue $0
Investment Income $2,039,415
Other Revenue $0
TOTAL REVENUE $2,276,172

Expense Breakdown

Grants Paid $4,601,946
Salaries & Benefits $371,218
Fundraising Expenses $9,603
Program Expenses $7,289,158
Other Expenses $2,544,937
TOTAL EXPENSES $7,518,101

Year-over-Year Comparison

2024 2023 Change
Revenue $2,276,172 $2,086,433 +0.1%
Expenses $7,518,101 $9,080,071 -0.2%
Net Income $-5,241,929 $-6,993,638 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
5
Employees
2
Volunteers
8

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
3
$293,016
Total Directors
8
$897,613
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert V Farese Jr MD Director 1.00
Director
$477,613 $0 $477,613
Bruce Miller MD Director 1.00
Director
$410,000 $0 $410,000
Laura Mitic President 20.00
Officer
$145,000 $0 $293,016
Alexandra Nicholson Dir Research Pship 40.00
$138,833 $19,052 $157,885
Ian Massey PhD Director 1.00
Director
$10,000 $0 $10,000
Robin Richards Donohoe Board Chair 2.00
Officer Director
$0 $0 $0
Christopher Donohoe Secty/Treasurer 0.50
Officer Director
$0 $0 $0
Roy Richards Jr Director 1.00
Director
$0 $0 $0
Williamson Bradford MD Director 0.50
Director
$0 $0 $0
Karen Chen PhD Director 1.00
Director
$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
2024 $2,276,172 $7,518,101 $18,325,811 $-5,241,929
2023 $2,086,433 $9,080,071 $25,667,529 $-6,993,638
2022 $2,859,465 $7,386,966 $29,690,825 $-4,527,501
2022 $2,859,465 $7,386,966 $29,690,825 $-4,527,501
2021 $4,403,577 $4,986,342 $38,036,951 $-582,765
2020 $1,176,797 $4,516,989 $38,297,266 $-3,340,192
2019 $3,334,164 $4,816,941 $39,444,175 $-1,482,777
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