Overview
What is The 221B Foundation?
The 221B Foundation is a benevolent and scientific organization situated in Watertown, Massachusetts. Its primary objective is to combat diseases by conducting research on rapid diagnostic testing. Beyond this, the foundation is committed to fostering medical research, testing, and diagnostic technology, all in an effort to further its charitable mission. Although the foundation had limited engagement during the assessed period, it used this time productively to strategize future endeavors. The 221B Foundation's main focus remains eradicating diseases through innovative diagnostic research and supporting related medical advancements.
Is The 221B Foundation legitimate?
The 221B Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 221B Foundation submitted a form 990EZ, 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
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What is the mission statement of The 221B Foundation?
The 221B Foundation, functioning as a charitable and scientific organization, is dedicated to the mission of eradicating diseases by focusing on the development of rapid diagnostic testing. Additionally, the Foundation supports medical research, testing, and diagnostic technology to further its charitable objectives. Despite having limited activity during the referenced period, the Foundation utilized this time to strategize future initiatives. The organization's primary goal is to eliminate diseases through advanced diagnostic testing, with a secondary focus on supporting medical research in this field.
Who is the CEO of The 221B Foundation?
Bryan Dechairo is the CEO of The 221B Foundation The CEO's salary of The 221B Foundation is $0 and their total compensation is $0.
What is the revenue of The 221B Foundation?
The 221B Foundation's revenue in 2022 was $473.
Who are the executives of The 221B Foundation and what are their salaries?
Here are 3 key members and their salaries (The 221B Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for The 221B Foundation?
The 221B Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The 221B Foundation
The 221B Foundation is a charitable and scientific organization with a mission to eradicate diseases. To accomplish this, the organization focuses on researching rapid diagnostic testing. Beyond this, the Foundation supports medical research, testing, and diagnostic technology, all with the goal of advancing its charitable mission. During a period of minimal activity, the Foundation used this time to plan future initiatives, demonstrating its commitment to its mission.
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Impact
October, 2024
The 221B Foundation is dedicated to eradicating disease through the development of rapid diagnostic testing and the advancement of medical research. By focusing on innovative testing and diagnostic technologies, it aims to enhance healthcare outcomes and support the scientific community. Although activity during the recent period was minimal, this time was strategically used for planning future initiatives that will further its mission. Based in Watertown, MA, the Foundation is committed to making a significant impact in the field of disease prevention and healthcare improvement.
This information is meant to be a general summary of The 221B Foundation. 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.
- Gross Receipts: $473
Assets and Liabilities:
- Total Assets: $30,611
- Total Liabilities: $0
- Net Assets: $30,611
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Organization Details
NTEE Category
Code: U20 - Science research
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