DMM GLOBAL FOUNDATION INC

EIN: 461107249 501(c)(3)

CAMBRIDGE, MA

Total Revenue
$3,725
Total Expenses
$71,668
Total Assets
N/A
Net Assets
N/A
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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
2010
Legal Domicile
MA
Principal Officer
DR KENNETH CHIEN
Phone
6177102454
Tax Period
2021-01-01 to 2021-12-31

DMM GLOBAL FOUNDATION INC, founded in 2010, is a micro nonprofit that reported $4K in total revenue in fiscal year 2021. Expenses of $72K exceeded revenue, resulting in a 1824% operating deficit.

Mission

DMM GLOBAL FOUNDATION (THE ORGANIZATION) WAS FORMED FOR THE PURPOSE OF ADVANCING GLOBAL KNOWLEDGE AND DIALOGUE IN THE FIELD OF MOLECULAR MEDICINE AND ITS INFLUENCE ON GLOBAL HEALTH.

Program Service Accomplishments

Program 1
Expenses: $33,524

GRANT TO BELMONT DAY SCHOOL FOR PROGRAM TO SUPPORT STEM EDUCATION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $3,725
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,725

Expense Breakdown

Grants Paid $33,524
Salaries & Benefits $1,404
Fundraising Expenses $0
Program Expenses $33,524
Other Expenses $36,740
TOTAL EXPENSES $71,668

Year-over-Year Comparison

2021 2020 Change
Revenue $3,725 N/A N/A
Expenses $71,668 $8,368 +7.6%
Net Income $-67,943 $-8,368 +7.1%
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
1
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
$1,154
Total Directors
2
$1,154
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH R CHIEN MD PHD PRESIDENT AND DIRECTOR 1.00
Officer Director
$0 $0 $0
MEGAN DONOVAN-CHIEN SECR, TREAS, COO, DIRECTOR 2.00
Officer Director
$1,154 $0 $1,154
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
2021 $3,725 $71,668 No data $-67,943
2020 No data $8,368 $71,668 No data
2019 No data $63,285 $76,311 No data
2018 $223,904 $112,502 $139,596 $111,402
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