Princeton Institute Of Life Sciences in Princeton, New Jersey (NJ)

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Princeton Institute Of Life Sciences
Employer Identification Number (EIN)453649217
Name of OrganizationPrinceton Institute Of Life Sciences
In Care of NameAlexey Ryazanov
Address254 Dodds Ln, Princeton, NJ 08540-4108
SubsectionEducational Organization
Ruling Date03/2013
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$395,000
Amount of Income$38,000
Form 990 Revenue Amount$38,000
National Taxonomy of Exempt Entities (NTEE)Diseases, Disorders, Medical Disciplines: Research Institutes and/or Public Policy Analysis


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Amount of income in 2013: $38,000 (it was $1,130,000 in 2012)
Princeton Institute Of Life Sciences: 

 $38,000
Other organizations performing similar types of work: 

 $175,410

Assets in 2013: $395,000 (it was $958,227 in 2012)
This organization: 

 $395,000
Other organizations performing similar types of work: 

 $283,361

Expenses in 2013: $601,227
This organization: 

 $601,227
Other organizations performing similar types of work: 

 $101,599

Income to expenses ratio in 2013: 0.1
This organization: 

 0.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 88.8%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$38,000
Contributions, gifts, grants, and similar amounts received$38,000
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$601,227
Total net assets$395,000
Excess/Deficit for the year$-563,227
Net assets or fund balances at beginning of year$958,227
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$395,000
Balance Sheets
20122013
Total assets$958,227$395,000
Total liabilities$0$0
Net assets or fund balances$395,000
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$1,169,000
Subtotal Support$1,169,000
Gifts, grants, contributions, and membership fees received$1,169,000
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$1,169,000
Public Support$1,169,000
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Adrienne Helis Malvin Medical Research Foundation228 Saint Charles Ae Ste 912, New Orleans, LA 70130-2601LA2011-12$60,791,265
2St Davids Foundation Community Fund811 Barton Spgs Rd Ste 600, Austin, TX 78704-1164TX2000-01$4,597,889
3Thanc Foundation Inc10 Union Square East Suite 5b, New York, NY 10003-3314NY2004-03$2,816,540
4Institute For Healthcare Optimization Inc7 Wells Ave Ste 24, Newton, MA 02459-3283MA2010-08$2,020,838
5The Sports Legacy Institute Inc230 2nd Ave Ste 200, Waltham, MA 02451-1124MA2009-01$1,687,120
6Whittemore Peterson Institute Forneuro Immune Diseases1664 N Virginia St, Reno, NV 89557-0001NV2007-08$1,099,400
7Thomas Hartman Foundation For Partinsons Research Inc72 W Main St, East Islip, NY 11730-2323NY2004-10$874,009
8Tristar Enterprises Inc62 S Dunlap St Ste 300, Memphis, TN 38163-0001TN2006-06$834,752
9International Society For Peritoneal DialysisUchaip 12605 E 16th Avenuef774, Aurora, CO 80045CO2010-03$677,691
10Pheo Alliance6222 Lakeview Dr, Falls Church, VA 22041-1321VA2009-02$622,943
11Penfold-Patterson Research Institute860 Beach Rd, Glen Arbor, MI 49636MI2014-09$550,000
12American Acne And Rosacea Society201 Claremont Ave, Montclair, NJ 07042-3401NJ2014-07$492,801
13Stowe Foundation6340 Lake Worth Blvd Ste 403, Fort Worth, TX 76135-3602TX2005-01$192,819
14Institute For Strategic And Innovative Technologies1908 Kramer Ln Bldg B Ste L, Austin, TX 78758-4008TX2011-09$186,582
15Aequanimitas Foundation, Rapha7ven923 Parkview Lane, Southlake, TX 76092TX2009-05$88,136
16Peggy Spiegler Melanoma Research Foundation100b Centre Blvd, Marlton, NJ 08053NJ2010-10$86,584
17Biochemical Research Foundation Inc227 Midland Ave Suite C-4, Basalt, CO 81621CO2001-07$65,950
18Psychiatry Philosophy & The Arts Inc2661 E 15th St Unit 204, Casper, WY 82609-4156WY2010-04$41,906
19Princeton Institute Of Life Sciences254 Dodds Ln, Princeton, NJ 08540-4108NJ2013-03$38,000
20Isnr Research Foundation1925 Francisco Blvd E Suite 12, San Rafael, CA 94901CA2009-03$32,349
Number of organizations performing similar types of work
Alabama1
Arkansas1
Arizona1
California11
Colorado4
Connecticut1
District of Columbia2
Delaware1
Florida3
Georgia2
Illinois3
Indiana1
Kentucky1
Louisiana2
Massachusetts7
Michigan4
Minnesota1
Mississippi1
New Jersey3
New Mexico1
Nevada1
New York9
Ohio3
Oklahoma1
Oregon1
Pennsylvania6
South Dakota1
Tennessee1
Texas7
Virginia3
Washington3
Wyoming1
Total88

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