Overview
What is Lydian Accelerator?
Lydian Accelerator is a nonprofit organization situated in San Francisco, California. Their primary focus is on conducting research to develop custom treatments for children struggling with severe neurological genetic diseases. Specifically, they are engaged in a drug discovery program utilizing a unique antisense oligonucleotide molecule to target and neutralize a mutant KCNQ2 gene, known to cause developmental and epileptic encephalopathy. With this innovative approach, Lydian Accelerator aims to make a significant impact on the lives of affected children.
Official website here: www.lydianaccelerator.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Lydian Accelerator has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The overall score is primarily based on the Accountability & Finance criteria, which earned an impressive score of 83%. The organization demonstrates strong governance with a fully independent board and a commendable program expense ratio of 99.39%, indicating that a large majority of its funds are directed towards its programs.
The evaluation highlights several strengths, including the absence of material diversion of assets and a high rating for the board's independence and size. The nonprofit's conflict of interest policy is well-established, and essential documents, such as board meeting minutes, are maintained. These factors contribute positively to the organization's transparency and operational integrity.
However, there are noted limitations, particularly the absence of a whistleblower policy and a document retention and destruction policy, which are missing from their governance framework. While these omissions are worth noting, the overall rating reflects a well-managed organization with a strong commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lydian Accelerator legitimate?
Lydian Accelerator is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lydian Accelerator 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lydianaccelerator.org
What is the mission statement of Lydian Accelerator?
Lydian Accelerator's mission is centered around investing in scientific and translational research. The primary focus of this organization is to develop custom treatments for children affected by severe neurological genetic diseases. Their mission is to knock down the mutant genes responsible for these diseases using innovative approaches, such as a novel allele selective antisense oligonucleotide molecule in a drug discovery program. By conducting this research, Lydian Accelerator aims to improve the lives of children with these debilitating conditions.
Official website here: www.lydianaccelerator.org
Who is the CEO of Lydian Accelerator?
Rohan Seth is the President of Lydian Accelerator.
Official website here: www.lydianaccelerator.org
What is the revenue of Lydian Accelerator?
Lydian Accelerator's revenue in 2022 was $51,338.
Official website here: www.lydianaccelerator.org
Who are the executives of Lydian Accelerator and what are their salaries?
There 5 volunteers at Lydian Accelerator.
Here are 5 key members and their salaries:
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Official website here: www.lydianaccelerator.org
Where can I find the form 990 for Lydian Accelerator?
Lydian Accelerator's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lydianaccelerator.org
Learn more at the official website: www.lydianaccelerator.org
Mission Statement of Lydian Accelerator
Lydian Accelerator, a nonprofit organization, is dedicated to investing in scientific and translational research aimed at developing custom treatments for children suffering from severe neurological genetic diseases. The mission of Lydian Accelerator is to make a significant impact in this field by focusing on the discovery of personalized therapies. Currently, the organization is engaged in a drug discovery program, utilizing a novel allele-selective antisense oligonucleotide molecule. This molecule is designed to target and knockdown the mutant KCNQ2 gene, which is responsible for causing developmental and epileptic encephalopathy in affected children. By pursuing this research, Lydian Accelerator hopes to contribute to the development of effective treatments for these often debilitating and life-altering diseases.
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Impact
August, 2024
Lydian Accelerator's impact lies in its dedicated efforts to advance the field of medical research, specifically focusing on the development of custom treatments for children suffering from severe neurological genetic diseases. By spearheading a drug discovery program aimed at creating a novel allele-selective antisense oligonucleotide molecule to target and knock down the mutant KCNQ2 gene responsible for developmental and epileptic encephalopathy, Lydian Accelerator is actively working towards potentially life-changing solutions for affected children. This organization's relentless commitment to scientific and translational research in this critical area showcases its potential to significantly improve the quality of life for those afflicted with these debilitating conditions.
This information is meant to be a general summary of Lydian Accelerator. 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 2022.
- Investment Income: $32,615
- Gross Receipts: $61,708
Assets and Liabilities:
- Total Assets: $4,741,496
- Total Liabilities: $0
- Net Assets: $4,741,496
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Organization Details
Founding Year
2019
Phone
(650) 384-5866Principal Officer
Rohan Seth
Main Address
548 MARKET ST PMB 38841, SAN FRANCISCO, CA, 94104
Website
www.lydianaccelerator.orgNTEE Category
Code: H90 - Medical research
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