MYELIN REPAIR FOUNDATION INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
MYELIN REPAIR FOUNDATION INC (EIN 03-0485196)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-14
IRS object ID
201811349349305996
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-05-14T14:32:52-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN941254756PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOOD & STRONG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1275 BATTERY ST STE 900AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94111ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN030485196EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MYELIN REPAIR FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMYELBusinessNameControlTxt
Phone4087610201PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120111 EDINBURGH DRIVEAddressLine1Txt
CitySARATOGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95070ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSCOTT JOHNSONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4087610201PhoneNum
Signature2018-04-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMAGA E KISRIEVPreparerPersonNm
PTINP01008919PTIN
Phone4157810793PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSCOTT JOHNSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line120111 EDINBURGH DRIVEAddressLine1Txt
CitySARATOGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95070ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$65,000GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MYELINREPAIR.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionACCELERATING THE DEVELOPMENT OF NEW THERAPEUTICS TO PREVENT OR REPAIR DAMAGE TO MYELIN CAUSED BY MS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$216,766PYContributionsGrantsAmt
CY Contributions Grants$50,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$15,000CYProgramServiceRevenueAmt
PY Investment Income$9,472PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$350,000PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$576,238PYTotalRevenueAmt
CY Total Revenue$65,000CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$534,461PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$142,086CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,525CYTotalFundraisingExpenseAmt
PY Other Expenses$279,595PYOtherExpensesAmt
CY Other Expenses$41,049CYOtherExpensesAmt
PY Total Expenses$814,056PYTotalExpensesAmt
CY Total Expenses$183,135CYTotalExpensesAmt
PY Revenues Less Expenses-$237,818PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$118,135CYRevenuesLessExpensesAmt
Total Assets BOY$834,421TotalAssetsBOYAmt
Total Assets EOY$840,688TotalAssetsEOYAmt
Total Liabilities BOY$115TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,160TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$834,306NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$839,528NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ACCELERATE THE DEVELOPMENT OF NEW THERAPEUTICS TO PREVENT OR REPAIR DAMAGE TO MYELIN CAUSED BY MULTIPLE SCLEROSIS. THE MRF DRIVES BASIC RESEARCH, TRANSLATES DISCOVERIES AND PARTNERS WITH COMPANIES AND GOVERNMENT TO ENSURE TREATMENTS GET RAPIDLY TO PATIENTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$123,156ExpenseAmt
Grant$0GrantAmt
Revenue$15,000RevenueAmt
DescBEFORE MRF THERE WAS NO MYELIN REPAIR RESEARCH, AND NO ONE THOUGHT IT COULD BE A POSSIBLE TREATMENT FOR MULTIPLE SCLEROSIS. NOW BECAUSE OF MRF, MUCH ACADEMIC RESEARCH IS FOCUSED ON MYELIN AND MORE IMPORTANTLY MANY PHARMACEUTICAL COMPANIES HAVE MYELIN REPAIR DRUG DEVELOPMENT PROGRAMS UNDERWAY. IT IS NOW WIDELY VIEWED AS THE NEXT GENERATION OF MS TREATMENT. BECAUSE OF OUR SUCCESS TO DATE, WE SPENT THIS FY WRAPPING UP OUR CLINICAL TRIAL, WRITING ACADEMIC PAPERS, AND UPON NASA'S REQUEST, BRIEFING THEM ON HOW MRF'S ARC MODEL OPERATED TO DELIVER RAPID RESULTS. ALSO TO DETERMINE WHAT ROLE MRF SHOULD NOW PLAY TO ACCELERATE THE AVAILABILITY OF REPAIR TREATMENTS WE TOOK SOME TIME TO ASSESS WHAT ACTIVITIES WOULD MAKE SENSE TO PURSUE.WITH INPUT FROM A BROAD ARRAY OF EXPERTS WE DETERMINED THAT A LACK OF MYELIN REPAIR BIOMARKERS WAS SLOWING BOTH PRE-CLINICAL STUDIES AND CLINICAL TRIALS. BIOMARKERS ARE DIFFICULT AND EXPENSIVE TO IDENTIFY AND IDEALLY REQUIRE COLLABORATION TO COMBINE THE CREATIVITY OF ACADEMIC RESEARCHERS, THE EXPERTISE RESIDENT ONLY IN PHARMACEUTICAL COMPANIES, HUMAN SAMPLES FROM GOVERNMENT RUN BIOBANKS, AND ACCESS TO MS PATIENTS VIA CLINICIANS. ORGANIZING AND DRIVING THIS TYPE OF ENDEAVOR PERFECTLY FITS MRF'S TRACK RECORD AND UNIQUE CAPABILITIES. THUS OUR NEW SINGLE FOCUS IS THE IDENTIFICATION OF BIOMARKERS. WE BELIEVE THIS EFFORT WILL REQUIRE FIVE YEARS. ONCE THE BOARD APPROVED THIS NEW MISSION/FOCUS AND BUDGET, WE RECRUITED A SCIENTIFIC DIRECTOR AND APPOINTED A NEW EXECUTIVE COMMITTEE TO PROVIDE SCIENTIFIC INPUT. WE ALSO WORKED WITH LEGAL COUNSEL TO DRAFT TEMPLATES FOR SPONSORED RESEARCH AGREEMENTS, RESEARCH CONSORTIUM MEMBER AGREEMENTS, AND CONSULTING AGREEMENTS. WITH THESE TASKS COMPLETED WE WERE PREPARED TO EXECUTE OUR BIOMARKER OPERATING AND RESEARCH PLANS BEGINNING JULY 1, 2017.Desc
Total Program Service Expenses$123,156TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JEAN HOPEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4087610201PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13575 MONROE ST 309AddressLine1Txt
CitySANTA CLARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95051ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
CASEY MCGLYNN
BOARD MEMBER1.00Yes (X)$0$0$0
BOBBY MEHTA
BOARD MEMBER1.00Yes (X)$0$0$0
ANDY CATES
BOARD MEMBER1.00Yes (X)$0$0$0
JIM GIDWITZ
BOARD MEMBER1.00Yes (X)$0$0$0
SCOTT JOHNSON
CEO40.00Yes (X)$147,315$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$147,315TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$50,000AllOtherContributionsAmt
Total Contributions$50,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLICENSING REVENUEDesc
Business900099BusinessCd
Total Revenue Column$15,000TotalRevenueColumnAmt
Related Or Exempt Func Income$15,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$15,000TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,000TotalRevenueColumnAmt
Related Or Exempt Func Income$15,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$117,519TotalAmt
Program Services$88,139ProgramServicesAmt
Management And General$23,504ManagementAndGeneralAmt
Fundraising$5,876FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$12,846TotalAmt
Management And General$12,846ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$880TotalAmt
Program Services$651ProgramServicesAmt
Management And General$185ManagementAndGeneralAmt
Fundraising$44FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$10,841TotalAmt
Program Services$7,220ProgramServicesAmt
Management And General$3,133ManagementAndGeneralAmt
Fundraising$488FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,075TotalAmt
Management And General$5,075ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$13,700TotalAmt
Program Services$13,700ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,970TotalAmt
Program Services$1,727ProgramServicesAmt
Management And General$8,126ManagementAndGeneralAmt
Fundraising$117FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$521TotalAmt
Program Services$521ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,798TotalAmt
Program Services$8,213ProgramServicesAmt
Management And General$585ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescTRANSLATIONAL MEDICINEDesc
Total$2,985TotalAmt
Program Services$2,985ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$183,135TotalAmt
Program Services$123,156ProgramServicesAmt
Management And General$53,454ManagementAndGeneralAmt
Fundraising$6,525FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$829,924BOYAmt
EOY$840,688EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$721BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,776BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$834,421BOYAmt
EOY$840,688EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$115BOYAmt
EOY$1,160EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$115BOYAmt
EOY$1,160EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$834,306BOYAmt
EOY$839,528EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$834,306BOYAmt
EOY$839,528EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$834,421BOYAmt
EOY$840,688EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$118,135ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$123,357OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,428,671CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,463,318CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,660,019CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$216,766CurrentTaxYearMinus1YearAmt
Current Tax Year$65,000CurrentTaxYearAmt
Total$10,833,774TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,428,671CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,463,318CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,660,019CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$216,766CurrentTaxYearMinus1YearAmt
Current Tax Year$65,000CurrentTaxYearAmt
Total$10,833,774TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,755,587SubstantialContributorsTotAmt
Public Support Total170$6,078,187PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,420CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,256CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$392CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$6,068TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$19,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,665CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$106,579CurrentTaxYearMinus2YearsAmt
Total$147,744TotalAmt
FieldValueIRS element (for citing)
Total Support$10,987,586TotalSupportAmt
Gross Receipts Rltd Activities$365,000GrossReceiptsRltdActivitiesAmt
Public Support CY1700.55320PublicSupportCY170Pct
Public Support PY1700.58400PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2012 AMOUNT: $ 19,500. 2013 AMOUNT: $ 21,665. 2014 AMOUNT: $ 40. 2015 AMOUNT: $ 0. 2016 AMOUNT: $ 0. REIMBURSED LEGAL FEES - 2012 AMOUNT: $ 0. 2013 AMOUNT: $ 0. 2014 AMOUNT: $ 106,539. 2015 AMOUNT: $ 0. 2016 AMOUNT: $ 0.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 3MRF DETERMINED THAT A LACK OF MYELIN REPAIR BIOMARKERS WAS SLOWING BOTH PRE-CLINICAL STUDIES AND CLINICAL TRIALS. THUS, THE ORGANIZATION CHANGED ITS FOCUS TO IDENTIFYING BIOMARKERS SOLELY. MRF BELIEVES THIS EFFORT WILL REQUIRE FIVE YEARS.
FORM 990, PART VI, SECTION B, LINE 11BTHE TAXPAYER'S ACCOUNTING FIRM FORWARDS THE FORM 990 TO THE CEO FOR REVIEW. ONCE THE CEO APPROVES THE FORM 990 IT IS THEN FORWARDED TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. BOARD MEMBERS ARE ENCOURAGED TO REVIEW THE FORM AND TO FORWARD THEIR QUESTIONS, IF ANY, TO THE CEO.
FORM 990, PART VI, SECTION B, LINE 12COFFICERS, DRECTORS AND KEY EMPLOYEES ARE COVERED. ANY AND ALL CONFLICTS ARE REVIEWED BY DISINTERESTED BOARD MEMBERS AND, IF NEEDED, BY LEGAL COUNSEL. PERSONS WITH A CONFLICT OF INTEREST WILL BE RESTRICTED FROM MAKING KEY DECISIONS FOR MRF AS THEY RELATE TO THE INTEREST UNLESS OTHERWISE APPROVED BY THE MAJORITY OF THE DISINTERESTED BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 15CEO COMPENSATION IS DETERMINED BY THE INDEPENDENT COMPENSATION COMMITTEE. KEY EMPLOYEES' COMPENSATION IS DETERMINED BY AN ANNUAL REVIEW OF THE EMPLOYEE AND AN ANNUAL REVIEW OF THEIR COMPENSATION BY THE CEO. THIS INFORMATION IS ALSO SHARED WITH THE INDEPENDENT COMPENSATION COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).
FORM 990, PART XI, LINE 9:RECOVERIES OF PRIOR YEAR GRANTS 123,357.

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