THE FOUNDATION FOR GENDER-SPECIFIC MEDICINE INC

EIN: 841705022 501(c)(3) Medical Research

NEW YORK, NY

Total Revenue
$701,144
Total Expenses
$873,166
Total Assets
$664,774
Net Assets
$511,303
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NY
Principal Officer
MARIANNE LEGATO
Phone
2127375663
Tax Period
2023-01-01 to 2023-12-31

THE FOUNDATION FOR GENDER-SPECIFIC MEDICINE INC, founded in 2006, is a small nonprofit in the Medical Research sector that reported $701K in total revenue in fiscal year 2023. Expenses of $873K exceeded revenue, resulting in a 25% operating deficit.

Mission

SCIENTIFIC AND EDUCATIONAL RESEARCH TO PROMOTE PUBLIC AWARENESS OF HEALTH ISSUES AFFECTING THE PUBLIC FOR THE TREATMENT OF PATIENTS BASED ON A GENDER-SPECIFIC MEDICAL PROTOCOL.

Program Service Accomplishments

Program 1
Expenses: $688,103 Revenue: $701,144

SCIENTIFIC RESEARCH AND EDUCATION CONCERNING GENDER SPECIFIC MEDICAL TREATMENT. TO PROMOTE AWARENESS IN BOTH THE MEDICAL AND SCIENTIFIC COMMUNITIES, AS WELL AS THE GENERAL PUBLIC TO TREAT HEALTH...

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SCIENTIFIC RESEARCH AND EDUCATION CONCERNING GENDER SPECIFIC MEDICAL TREATMENT. TO PROMOTE AWARENESS IN BOTH THE MEDICAL AND SCIENTIFIC COMMUNITIES, AS WELL AS THE GENERAL PUBLIC TO TREAT HEALTH ISSUES FROM A GENDER-SPECIFIC PROTOCOL. AWARENESS WAS DISTRIBUTED ONLINE AND BY PRINT MEDIA. MEDICAL CONFERENCES AND SEMINARS THROUGHOUT THE YEAR. THE FOUNDATION HAS ISSUED RESEARCH GRANTS,WORKING TO UPDATE TWO TEXTBOOKS AND IS RESPONSIBLE FOR EDITING A MONTHLY MAGAZINE TO PROMOTE AWARENESS AND ITS MISSION IN THIS DISCIPLINE. THE FOUNDATION CONTINUES TO HOLD LEADERSHIP ROLES IN THE INTERNATIONAL GENDER MEDICINE COMMUNITY. DURING THE CURRENT AND ONGOING PANDEMIC, ZOOM CONFERENCES WITH LEADING ASSOCIATES AS WELL AS WITH THE FOUNDATIONS RESEARCH SCHOLARSHIP RECEIPIENTS BECOME A CHALLENGE. THIS CREATED ADDITIONAL INVESTMENT IN TECHNOLOGY TO OVERCOME THE OBSTACLES CREATED BY COVID 19. GENDER MEDICINE IN THE TIME OF A PANDEMIC CREATED ANOTHER RESEARCH PLATFORM AS COVID 19 SPREAD THROUGHOUT THE WORLD. THOS SCIENCE IS STILL IN ITS INFANCY AND CONTINUES TO BE EXPLORED.

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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 $701,144
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $701,144

Expense Breakdown

Grants Paid $250,500
Salaries & Benefits $338,545
Fundraising Expenses $150,800
Program Expenses $688,103
Other Expenses $284,121
TOTAL EXPENSES $873,166

Year-over-Year Comparison

2023 2022 Change
Revenue $701,144 $712,148 0.0%
Expenses $873,166 $778,956 +0.1%
Net Income $-172,022 $-66,808 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
3
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
4
$208,000
Total Directors
5
$208,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIANNE J LEGATOMD PRESIDENT 30.00
Officer Director Highest
$208,000 $0 $208,000
DEAN G YUZEK CHAIRMAN 2.00
Officer Director
$0 $0 $0
MARVIN SLOMOWITZ HONORARY CHAIRMAN 1.00
Director
$0 $0 $0
KIRSTEN O HEALY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
REBECCA WOLFE TREASURER 1.00
Officer 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
2024 No data No data No data No data
2023 $701,144 $873,166 $664,774 $-172,022
2023 $701,144 $873,166 $664,774 $-172,022
2022 $712,148 $778,956 $839,300 $-66,808
2021 $777,274 $775,144 $910,858 $2,130
2020 $1,096,216 $681,023 $903,247 $415,193
2019 $826,819 $731,736 $338,085 $95,083
2018 $813,947 $659,357 $242,971 $154,590
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