BAY AREA LYME FOUNDATION

EIN: 453715012 501(c)(3) Philanthropy & Grantmaking

PORTOLA VALLEY, CA

Total Revenue
$1,996,500
Total Expenses
$2,472,712
Total Assets
$2,438,561
Net Assets
$363,574
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Principal Officer
LAURE WOODS PRES DIRECTOR
Phone
6505302439
Tax Period
2023-01-01 to 2023-12-31

BAY AREA LYME FOUNDATION, founded in 2011, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 24% operating deficit.

Mission

THE BAY AREA LYME FOUNDATION'S MISSION IS (1) TO ACCELERATE THE DEVELOPMENT OF RELIABLE DIAGNOSTIC TOOLS FOR ALL STAGES OF LYME DISEASE AND A CURE FOR LATE STAGE LYME THROUGH FUNDING INNOVATIVE SCIENTIFIC RESEARCH; AND (2) TO FOSTER PREVENTION THROUGH EDUCATION AND AWARENESS BUILDING.

Program Service Accomplishments

Program 1
Expenses: $1,824,634

As an independent nonprofit organization, Bay Area Lyme is able to partner with leading researchers and institutions all across the country to support the most innovative and promising projects in...

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As an independent nonprofit organization, Bay Area Lyme is able to partner with leading researchers and institutions all across the country to support the most innovative and promising projects in Lyme disease research, regardless of affiliation. True breakthroughs will occur only through well-designed research projects and at Bay Area Lyme, we have a rigorous screening and monitoring process, grant contingencies, and project reporting, to ensure that projects are effectively designed and funds well spent. In 2023, Bay Area Lyme Foundation funded 17 grants averaging $93,000 per award to various institutions across the country for a total of $1,654,806. $963,219 was awarded to projects focused on improved diagnostics of Lyme disease and other tick-borne infections; $171,139 awarded to improve therapies, and the remaining grants for ecology and awareness projects. Duke University received a grant of $370,448 to continue the work of the late Dr. Neil Spector on Lyme disease. The 2023 Emerging Leader Award totaling $150,000 was awarded to a diagnostic project at the Geneva Foundation.

Program 2
Expenses: $271,000

Bay Area Lyme Foundation's education and awareness programs include free Ticktective podcasts, Speaker Series presentations and a wide variety of education and training regarding tick-bite...

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Bay Area Lyme Foundation's education and awareness programs include free Ticktective podcasts, Speaker Series presentations and a wide variety of education and training regarding tick-bite prevention. In 2023, Bay Area Lyme entered into its third year of its partnership with the American Junior Golf Association (AJGA) providing its young members with tick prevention pouches that included a tick removal key, repellant and information about Lyme disease and other tick borne infections. This multi-year partnership is targeting over 10,000 youths across the country. It was the premier sponsor of 2 tournaments both held in California. One virtual Speaker Series event was held in the fall of 2023 where guests listened to Dr. Sunjya Schweig discuss the top lifestyle interventions to aid recovery in tick borne illnesses.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,897,198
Program Service Revenue $0
Investment Income $46,776
Other Revenue $52,526
TOTAL REVENUE $1,996,500

Expense Breakdown

Grants Paid $1,719,806
Salaries & Benefits $265,977
Fundraising Expenses $4,611
Program Expenses $2,095,634
Other Expenses $486,929
TOTAL EXPENSES $2,472,712

Year-over-Year Comparison

2023 2022 Change
Revenue $1,996,500 $3,112,927 -0.4%
Expenses $2,472,712 $3,733,559 -0.3%
Net Income $-476,212 $-620,632 -0.2%
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
3
Independent Members
2
Employees
2
Volunteers
15

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
$259,029
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA GIAMPA EXECUTIVE DIRECTOR/SECRETARY 19.39
Officer
$249,150 $9,879 $259,029
DIANNE BARNEY CONTROLLER 10.0
Highest
$117,423 $8,784 $126,207
LAURE WOODS PRESIDENT, BOARD OF DIRECTOR 2.0
Officer Director
$0 $0 $0
BONNIE CRATER TREASURER, BOARD 2.26
Officer Director
$0 $0 $0
SUSAN STREHLOW DIRECTOR 1.0
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 No data No data No data No data
2023 $1,996,500 $2,472,712 $2,438,561 $-476,212
2022 $3,112,927 $3,733,559 $2,238,720 $-620,632
2021 $3,398,677 $3,813,182 $3,298,993 $-414,505
2020 $2,475,336 $2,044,264 $3,051,201 $431,072
2019 $1,692,333 $2,809,783 $2,273,317 $-1,117,450
2018 $2,079,843 $1,587,036 $2,536,349 $492,807
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