Suneel Research Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE FOUNDATION RAISES MONEY TO FOSTER AND ADVANCE MEDICAL AND SCIENTIFIC RESEARCH TO FIND A CURE FOR DUCHENNES MUSCULAR DYSTROPHY. IN ADDITION, THE FOUNDATION SEEKS TO PREVENT AND ALLEVIATE SUFFERING & PROMOTE EDUCATION & AWARENESS OF DUCHENNES MUSCULAR DYSTROPHY.
- Income
- $31,942
- Spending
- $87,266
- Spent on programs
- 86%
- Reserves
- 52.1 months of spending
- Largest source of income
- investment income, 54%
- Employees
- 0
- Volunteers
- 40
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 18% of charities in its peer group (philanthropy, under $250k).
Reserves
35 of 35Spendable reserves would cover 52.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 173% of income.
Income trend
0 of 15Income fell 57% on the year before.
Spending floor
0 of 1586% of spending went to programs and raising each dollar of donations cost 71 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 45% of charities in its peer group (philanthropy, under $250k).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $74,687 spent. The Foundation funds research activities to find a cure for Duchennes Muscular Dystrophy (DMD). Currently there are a number of clinical trials underway for drugs developed to treat various aspects of DMD. In September 2016, Sarepta Therapeutics, won FDA approval for the use of its drug Exondys 51 for the treatment of DMD patients that have a confirmed mutation of the dystrophin gene amenable to exon 51 skipping. In December 2019, Sarepta, won FDA approval for its new drug Vyondys 53 for the treatment of patients that have a confirmed mutation of the dystrophin gene connected to exon 53 skipping. Both treatments help approximately 21% of the patients afflicted with DMD.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.