Nimml Institute INC

Tax-deductible

Blacksburg, VA501(c)(3)Medical ResearchEIN 84-2520149Revenue $232K in FY2024

On file with the IRSnimml.org1800 Kraft Dr Ste 100, 24060-6421 · Blacksburg, VATax-exempt since Sep 2019Publicly supported charity — 170(b)(1)(A)(vi)

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To comprehensively and systematically characterize mechanisms of action underlying infectious, metabolic and autoimmune diseases; the nimml institute will translate this new scientific knowledge to identify new therapeutic targets and develop innovative therapeutics for human diseases that are safer and more effective.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 10 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $1.3M a year · 78% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$232K
-59% vs prior year
Spent
$441K
To programs
92%
Net assets
$10K
By yearFY2020–FY2024
Revenue
$232K
FY2024▼ -59%
Tap a bar for its year
Revenue by fiscal year
FY2020$168K
FY2021$5.3M
FY2022$536K
FY2023$569K
FY2024$232K
Expenses
$441K
FY2024▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$169K
FY2022$497K
FY2023$351K
FY2024$441K
Net assets
$10K
FY2024
Tap a bar for its year
Net assets by fiscal year
FY2020$129K
FY2021$5.3M
FY2022$0
FY2023$0
FY2024$10K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $405K Management & general 8% · $36K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
President, Director
$0Pt VII · Sec A
Director and Cso
$0Pt VII · Sec A

Josep Bassaganya-Riera’s $62K as President, Director is at the 44th percentile of top reported officer pay among 329 $100K–1M medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Investigates disease causes to find and create better, safer treatments.

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Provided by the organization

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2 programs · $405K · in their own filed words · FY2024
01

Program goals were achieved by providing specialized data management and analysis, and protocol development services, to support ongoing research projects aimed at the investigation of mechanisms of action for development computational models of the immune response and developing new precision immunology therapeutics for human disease.

$316Kprogram expense
02

This program has resulted in substantial research and development progress achieved toward the advancement of the mechanisms of allergen- induced Type 2 immunity; to investigate the immunological mechanisms that are involved in the development of Th2-type airway inflammation and allergen-specific igE antibodies in response to exposure to…

$89Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$232K
Ln 12
Fees for servicesLn 2g$182K
Gifts and grantsLn 1h$51K
Investment incomeLn 3$8
Money outPt IX
$441K
Ln 25
Programscol B$405K
Managementcol C$36K
Owns and owesPt X
$10K
net assets · Ln 32
Cash and savingsLn 1–2$10K
Total assetsLn 16$10K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$51K
Government grantsLn 1e$51K
Fees for servicesLn 2g$182K
Investment incomeLn 3$8
Total revenueLn 12$232K
Assets in detailPt X, end of year
CashLn 1$10K
Cash and savings togetherLn 1–2$10K
Total assetsLn 16$10K
LiabilitiesLn 26$0
Net assetsLn 32$10K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$218K$10K
Total assetsLn 16$218K$10K
LiabilitiesLn 26$0$0
Net assetsLn 32$218K$10K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$123K$123K$0$0
Payroll taxesLn 10$10K$10K$0$0
Legal feesLn 11b$72K$72K$0$0
Advertising and promotionLn 12$5K$5K$0$0
Office expensesLn 13$15K$0$15K$0
TravelLn 17$476$476$0$0
InsuranceLn 23$721$0$721$0
Other expenses (24a–d)Ln 24$128K$128K$30$0
All other expensesLn 24e$86K$66K$20K$0
Total functional expensesLn 25$441K$405K$36K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $232K$441K−$208K$10K 990 PDF
FY2023 $569K$351K$218K$0 990 PDF
FY2022 $536K$497K$39K$0 990 PDF
FY2021 $5.3M$169K$5.1M$5.3M 990 PDF
FY2020 $168K$129K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $232,448 revenue, 12 lines filed
I-8 Contributions and grants$50,526
I-9 Program service revenuePrior year $569,263$181,914
I-10 Investment income$8
I-11 Other revenue$0
I-12 Total revenuePrior year $569,263$232,448
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $157,548$132,650
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $193,577$308,001
I-18 Total expensesPrior year $351,125$440,651
I-19 Revenue less expensesPrior year $218,138−$208,203
Part VI · Governance 2 of 2 board members independent, 2 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $232,448 across 5 lines filed
VIII-1e Government grants$50,526
VIII-1h Total contributions, gifts and grants$50,526
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$181,914
VIII-3 Investment incomeUnrelated business $8 · Excluded from tax $0$8
VIII-12 Total revenueRelated to mission $181,914 · Unrelated business $8 · Excluded from tax $0$232,448
Part IX · Statement of functional expenses $440,651 across 9 lines filed
IX-7 Other salaries and wagesPrograms $123,146 · Management $0 · Fundraising $0$123,146
IX-10 Payroll taxesPrograms $9,504 · Management $0 · Fundraising $0$9,504
IX-11b Legal feesPrograms $72,405 · Management $0 · Fundraising $0$72,405
IX-12 Advertising and promotionPrograms $4,712 · Management $0 · Fundraising $0$4,712
IX-13 Office expensesPrograms $0 · Management $14,930 · Fundraising $0$14,930
IX-17 TravelPrograms $476 · Management $0 · Fundraising $0$476
IX-23 InsurancePrograms $0 · Management $721 · Fundraising $0$721
IX-24 Other expenses (24a–d)Programs $128,443 · Management $30 · Fundraising $0$128,473
IX-24e All other expensesPrograms $65,934 · Management $20,350 · Fundraising $0$86,284
IX-25 Total functional expensesPrograms $404,620 · Management $36,031 · Fundraising $0$440,651
Part X · Balance sheet $9,935 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $218,138$9,935
X-16 Total assetsStart of year $218,138$9,935
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $218,138$9,935
X-32 Total net assets or fund balancesStart of year $218,138$9,935
X-33 Total liabilities and net assetsStart of year $218,138$9,935
Part XI · Reconciliation of net assets $9,935 net assets at year end
XI-1 Total revenue$232,448
XI-2 Total expenses$440,651
XI-3 Revenue less expenses−$208,203
XI-4 Net assets at start of year$218,138
XI-10 Net assets at end of year$9,935

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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