Overview
What is Myelin Repair Foundation Inc?
Myelin Repair Foundation Inc, located in Saratoga, California, is a small nonprofit organization devoted to advancing research in the field of Multiple Sclerosis (MS). Their sole focus is scientific exploration, aiming to uncover biomarkers that indicate the repair of myelin damage caused by MS. Over the past year, their research has primarily centered on extracellular vesicles (EVs) isolated from blood samples. Currently, eight investigations are underway across Europe and North America, with promising preliminary findings suggesting the potential to distinguish MS patient EVs from healthy controls and possibly identify different subtypes of MS. The organization's mission is to expedite the development of novel therapeutics designed to prevent or repair myelin damage associated with MS.
Official website here: www.myelinrepair.org
Is Myelin Repair Foundation Inc legitimate?
Myelin Repair Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Myelin Repair Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.myelinrepair.org
What is the mission statement of Myelin Repair Foundation Inc?
The Myelin Repair Foundation Inc's mission is centered around accelerating the advancement of new therapeutics. Their primary goal is to prevent or repair the damage to myelin, a protective layer around nerve cells, which is often affected by Multiple Sclerosis (MS). The organization is also involved in identifying biomarkers of myelin repair, which can be used in the development and testing of drugs aimed at repairing myelin damage in MS patients. Currently, they have several ongoing investigations in Europe and North America, focusing on extracellular vesicles isolated from blood, with promising preliminary results indicating potential sub-type identification in MS patients.
Official website here: www.myelinrepair.org
Who is the CEO of Myelin Repair Foundation Inc?
Scott Johnson is the CEO of Myelin Repair Foundation Inc The CEO's salary of Myelin Repair Foundation Inc is $120,000 and their total compensation is $120,000.
Official website here: www.myelinrepair.org
What is the revenue of Myelin Repair Foundation Inc?
Myelin Repair Foundation Inc's revenue in 2024 was $266,071.
Official website here: www.myelinrepair.org
Who are the executives of Myelin Repair Foundation Inc and what are their salaries?
The average compensation at Myelin Repair Foundation Inc during 2024 was $120,000. There is 1 employee at Myelin Repair Foundation Inc.
Here are 5 key members and their salaries (Myelin Repair Foundation Inc's CEO's salary is $120,000 and their total compensation is $120,000):
- Compensation: $120,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.myelinrepair.org
Where can I find the form 990 for Myelin Repair Foundation Inc?
Myelin Repair Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.myelinrepair.org
Learn more at the official website: www.myelinrepair.org
Mission Statement of Myelin Repair Foundation Inc
The Myelin Repair Foundation Inc is dedicated to accelerating the development of innovative therapeutics aimed at preventing or repairing damage to myelin caused by Multiple Sclerosis (MS). Their primary mission involves identifying biomarkers of myelin repair, which are crucial in the development and execution of myelin repair drug trials. The organization's research currently focuses on extracellular vesicles (EVs) isolated from blood samples. Over the past year, they have carried out eight investigations, spread across Europe and North America, with promising preliminary results indicating the ability to distinguish between MS patient EVs and those from healthy controls. Furthermore, they are exploring the possibility of identifying sub-types of MS based on these EVs.
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Impact
October, 2024
Myelin Repair Foundation Inc is significantly advancing the field of Multiple Sclerosis (MS) research through its innovative focus on the repair of myelin damage, a critical aspect of the disease. By accelerating the development of new therapeutics, the foundation aims to prevent or reverse the damage that MS inflicts on myelin, the protective sheath surrounding nerve fibers.
The foundation's concerted efforts in scientific research have led to the exploration of biomarkers for myelin repair, which are essential for the development of targeted therapies and successful clinical trials. Over the past year, the foundation has concentrated on the study of extracellular vesicles (EVs) obtained from blood, revealing promising preliminary data that differentiates EVs from MS patients and healthy individuals. This crucial distinction may pave the way for understanding the various sub-types of MS, ultimately guiding more effective treatment strategies.
With multiple ongoing investigations across Europe and North America, Myelin Repair Foundation Inc actively contributes to the broader understanding of MS and the urgent need for effective interventions. The work being done is not only vital for advancing therapeutic options but also holds the potential to significantly impact the quality of life for MS patients, offering hope for improved outcomes and enhanced recovery from this debilitating disease.
This information is meant to be a general summary of Myelin Repair Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $52,232
- Gross Receipts: $266,071
Assets and Liabilities:
- Total Assets: $1,550,183
- Total Liabilities: $623,940
- Net Assets: $926,243
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Organization Details
Founding Year
2002
Principal Officer
Scott Johnson
Website
www.myelinrepair.orgNTEE Category
Code: T20 - Philanthropy
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