Spring Point Project
Spring Point Project
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About this organization
Mission
To be the preeminent source of medical-grade porcine tissue utilized to cure diseases, with the primary commitment to diabetes.
About
Breed and raise designated pathogen-free (DPF) pigs for medical research to potentially cure type 1 diabetes: bred and raised designated pathogen-free (DPF) medical-grade pigs for use in biomedical research to treat and potentially cure type 1 diabetes. Pancreas procurement, islet isolation and encapsulation activities are underway to enable investigational new drug application (IND) preparation, which is necessary for clinical studies. The long-term program objective is to produce a sufficient supply of suitable donor pigs to serve as islet donors for diabetic patients, ultimately leading to a cure for diabetes. Manufactured and isolated over 14.3 million porcine islets from DPF animals produced at the organization's facility to support (1) preclinical transplantation studies and phase I/II clinical preparation activities and (2) the validation of the cGMP manufacturing of a clinically suitable product in the newly constructed on-site cellular manufacturing facility. Procured porcine pancreases from DPF piglets and provided to researchers for studies to develop a novel product for the treatment of type 1 diabetes.
Interesting data from their 2019 990 filing
The filing documents outline the non-profit's mission as “To be the preeminent source of medical-grade porcine tissue utilized to cure diseases, with the primary commitment to diabetes.”.
When outlining the tasks it performs, they were referred to as: “Provide medical-grade porcine islets to replace those lost in type 1 diabetes.”.
- The non-profit's reported state of operation is MN as per legal requirements.
- The filing reveals that the address of the non-profit in 2019 is 121 SOUTH EIGHTH STREET NO 822, MINNEAPOLIS, MN, 55402.
- As of 2019, the non-profit has 12 employees reported on their 990 form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,160,249.
- The organization has 6 independent voting members.
- The organization was formed in 2004.
- The organization pays $995,065 in salary, compensation, and benefits to its employees.
- The organization pays $22,725 in fundraising expenses.
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