Stasis Foundation in Ft Lauderdale, Florida (FL)

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Stasis Foundation
Employer Identification Number (EIN)522328769
Name of OrganizationStasis Foundation
In Care of NameWilliam Faloon
Address3107 Stirling Rd Ste 105, Ft Lauderdale, FL 33312-8502
SubsectionCharitable Organization
Ruling Date06/2003
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Tax Period12/2010
Assets$10,000,000 to $49,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$29,580,031
Amount of Income$5,448,617
Form 990 Revenue Amount$5,448,617
National Taxonomy of Exempt Entities (NTEE)Medical Research: Single Organization Support


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Amount of income in 2010: $5,448,617 (it was $5,984,611 in 2009)
Stasis Foundation: 

 $5,448,617
Other organizations performing similar types of work: 

 $4,564,965

Assets in 2010: $29,580,031 (it was $23,095,606 in 2009)
Stasis Foundation: 

 $29,580,031
Other organizations performing similar types of work: 

 $23,205,946

Expenses in 2010: $494,314
Stasis Foundation: 

 $494,314
Other organizations performing similar types of work: 

 $1,416,504

Income to expenses ratio in 2010: 11.0
Stasis Foundation: 

 11.0
Other organizations performing similar types of work: 

 2.0

Grants share in income in 2010: 91.8%
This organization: 

 91.8%
Other organizations performing similar types of work: 

 15.7%

Financial snapshot ($)

Revenue for 2010

Functional expenses for 2010

Statements Regarding Other IRS Filings and Tax Compliance (for 2010)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2010)
Total revenue$5,448,617
Contributions, Gifts, Grants and Other Similar Amounts$5,000,000
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$424,048
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$24,569
Statement of Functional Expenses (for 2010)
Total functional expenses$494,314
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$85,982
Payroll taxes$8,250
Professional fundraising services$0
Other$400,082
Balance Sheet (for 2010)
Total assets$29,580,031
Total liabilities$25,000
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$25,000
Total net assets or fund balances$29,555,031
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2010)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Licr Fund Inc666 Third Ave-28th Fl, New York, NY 10017-4011NY1990-11$707,098,504
2Research To Prevent Blindness Endowment Fund Inc645 Madison Ave Fl 21, New York, NY 10022-1010NY1988-08$151,937,063
3Rheumatology Research Foundation2200 Lake Blvd Ne, Atlanta, GA 30319-5310GA1988-07$72,005,610
4Huntsman Cancer Foundation500 S Huntsman Way, Salt Lake Cty, UT 84108-1235UT1995-09$47,537,353
5Kansas Masonic Foundation Inc2909 Sw Maupin Lane, Topeka, KS 66614-5335KS1966-12$34,052,023
6Stanley Manne Childrens Research Institute225 E Chicago Ave Pr Dept Box 26, Chicago, IL 60611-2991IL1987-05$16,515,630
7Cerebral Palsy Research Endowment AssociationPO BOX 8217, Wichita, KS 67208-0217KS1991-03$15,434,923
8Retina Research Foundation Permanent Endowment Fund1977 Butler Blvd, Houston, TX 77030-4101TX1976-05$13,909,618
9American Cancer Society Foundation250 Williams St, Atlanta, GA 30303-1032GA1942-11$5,303,667
10Anna Fuller Fund1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28262NC1938-08$4,564,965
11Giovanni Armenise-Harvard Foundation For Scientific ResearchHms, Boston, MA 02115MA1996-02$3,280,930
12Webb-Waring Foundation IncRc1 N Box C322, Aurora, CO 80045CO1995-10$2,304,619
13Tom Slick Memorial Trust Fbo, Southwest Foundation For Biomed ResPO BOX 760549, San Antonio, TX 78245-0549TX1972-10$1,877,256
14Arthritis Foundation Inc, New Jersey Chapter555 Rt 1 South Ste 320, Iselin, NJ 08830-3100NJ1978-01$660,568
15Friends Of The Stemlin Foundation10301 Stella Link, Houston, TX 77025-5447TX1981-10$567,974
16National Niemann-Pick Disease FoundationPO BOX 49, Fort Atkinson, WI 53538-0049WI1993-04$504,186
17Virginia And D K Ludwig Fund For, Baker R Palmer Jr Et Al Ttees666 Third Ave-28th Fl, New York, NY 10017-4011NY1996-06$464,679
18Friends Fighting Breast Cancer Inc2 Fitch Court, Wakefield, MA 01880MA1998-06$73,801
19Stasis Foundation3107 Stirling Rd Ste 105, Ft Lauderdale, FL 33312-8502FL2003-06$5,448,617
20Familial Dysautonomia Now Foundation, Fd Now1170 Green Knolls Dr, Buffalo Grove, IL 60089-1144IL2009-04$298,874
Number of organizations performing similar types of work
Colorado1
Florida1
Georgia2
Illinois2
Kansas2
Massachusetts2
North Carolina1
New Jersey1
New York4
Texas3
Utah1
Wisconsin1
Total21

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