Nonprofit · EIN 99-1129959
HAIRDAO ASSOCIATION
Tax-exempt · NEW YORK, NY 10013
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,653,828 | $1,334,718 | $319,110 | $3,781,882 | $1,237,845 | $2,544,037 |
| December 31, 2024 | 990 | $738,425 | $1,519,872 | -$781,447 | $2,712,092 | $492,949 | $2,219,143 |
| December 31, 2023 | 990 | $3,347,133 | $346,543 | $3,000,590 | $3,000,590 | $0 | $3,000,590 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,635,052
- Membership dues
- $1,635,052
- Program service revenue
- $0
- Investment income
- $18,776
- Net gain from sales of assets
- $18,776
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $600
- Depreciation
- $65,922
- Program services (functional)
- $1,334,718
Balance sheet and other
- Total assets, start of year
- $2,551,013
- Total assets, end of year
- $3,781,882
- Total liabilities, end of year
- $1,237,845
- Net assets, end of year
- $2,544,037
- Land, buildings and equipment
- $60,851
- Net assets without donor restrictions
- $2,544,037
- Gross receipts
- $2,125,151
- Employees
- 0
- Year formed
- 2023
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Verbinnen | Treasurer Trustee or director, Officer | 0 | $0 |
| Andrew Bakst | President Trustee or director, Officer | 0 | $0 |
| Aonia Traxler | Secretary Officer | 0 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW VERBINNEN | TREASURER Trustee or director, Officer | 0 | $0 |
| ANDREW BAKST | PRESIDENT Trustee or director, Officer | 0 | $0 |
| AONIA TRAXLER | SECRETARY Officer | 0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW BAKST | PRESIDENT Trustee or director, Officer | 0 | $0 |
| ANDREW VERBINNEN | TREASURER Trustee or director, Officer | 0 | $0 |
| AONIA TRAXLER | SECRETARY Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 92 LAIGHT ST APT 10B, NEW YORK, NY 10013-2025
- In care of
- % ANDREW VERBINNEN
- Signed the 990
- Andrew Bakst, President
- Phone
- (917) 204-6427
- Website
- hairdao.xyz
- Return prepared by
- Vertices Company Inc
Mission
HairDAO is an open-source R&D network where patients and researchers collaborate to develop revolutionary new treatments for hair loss.
Program accomplishments
- Beneficial research has been conducted at the University of Miami, Imperial College London, University of Brasilia, and Monasterium Laboratory to develop new treatments for androgenetic alopecia.Expenses $1,334,718 · revenue $1,556,317
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 99-1129959
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Medical research (H80)
- Assets (IRS master file)
- $3,781,882
- Income (IRS master file)
- $2,125,151
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,653,828 | $1,334,718 | $3,781,882 | XML |
| 990 | December 2024 | $738,425 | $1,519,872 | $2,712,092 | XML |
| 990 | December 2023 | $3,347,133 | $346,543 | $3,000,590 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-1129959).
Questions about HAIRDAO ASSOCIATION
- What is the EIN of HAIRDAO ASSOCIATION?
- The employer identification number (EIN) of HAIRDAO ASSOCIATION is 99-1129959.
- Is HAIRDAO ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2025.
- Are donations to HAIRDAO ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HAIRDAO ASSOCIATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of HAIRDAO ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HAIRDAO ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of HAIRDAO ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does HAIRDAO ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,653,828, expenses of $1,334,718 and total assets of $3,781,882 at year end.
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