Reboot Rx INC EIN 84-4384737 Form 990 (PDF) Claim this org

Reboot Rx INC FY2023 filing

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Expedites patient access to new, affordable cancer treatments. For fiscal year 2023 it reported $521K in revenue, $591K in expenses, and $797K in net assets.Pt I

Type
Public charity (501(c)(3)) · Medical Research
Location
Winchester, MA
Website
www.rebootrx.org
Filings
5 on file (2021–2023)
Revenue
$521KFY2023
Expenses
$591K
Net assets
$797K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-4384737 Public charity (501(c)(3)) Winchester, MA
Form 990 (PDF)
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Size
$1–10M
What they do
Expedites patient access to new, affordable cancer treatments.
Leadership
Laura Kleiman · President CEO and Director · $121K
Money in and out
$521K revenue, $591K expenses
Bottom line
84% program efficiency
Where the money goes · FY2023
Total revenue
$521K
Pt VIII · Ln 12
Total expenses
$591K
Pt IX · Ln 25
Net assets
$797K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$70K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.07 Fundraising $0.09
Program efficiency
84%
of spending reaches programs
Operating runway
19.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$521K
FY2023▲ +77%
Expenses
$591K
FY2023▲ +28%
Total assets
$983K
FY2023▲ +13%
Total liabilities
$186K
FY2023▲ ×32
Total revenue
$521K
Pt VIII · Ln 12
Total expenses
$591K
Pt IX · Ln 25
Net assets
$797K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$70K
Total assetsPt X · Ln 16$983K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CReboot Rx INC
EINHdr · item D84-4384737
Principal addressHdr · item CWinchester, MA
WebsiteHdr · item Jwww.rebootrx.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMedical Research (H30)
Ruling yearIRS BMFMay 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President CEO and Director
$121,462Pt VII · Sec A
Chief Operating & Tech Office
$109,615Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair and Clerk
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Laura Kleiman’s $162K as President CEO and Director is at the 44th percentile of top reported officer pay among 360 $1–10M 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.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Laura Kleiman$161,692$154,012$121,462$116,769
Sherif Botros$159,481$152,752
Pradeep Mangalath$109,615$111,769
Laura Kleiman$60,577

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $495K of program spending, described in the organization's own filed words · FY2022.
01

Reboot Rx (rebootrx.org) is the nonprofit dedicated to making low-cost cancer treatments accessible for all through the repurposing of generic drugs. Reboot Rx is working to get the most promising generics to cancer patients using AI technology, strategic partnerships, and innovative funding models.

$495Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$494K · 95%
Investment income$25K · 5%
Contributions & grants95%$494K
Investment income5%$25K
Other revenue$995
Total revenueLn 12$521K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.07 Fundraising $0.09
Program services84%$495K
Management & general7%$41K
Fundraising9%$55K
Total functional expensesLn 25$591K

Balance Sheet

Part X · end of year
CashLn 1$138K
Total assetsLn 16$983K
Total liabilitiesLn 26$186K
Total net assetsLn 32$797K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $971K · Operating expenses/yr $591K
19.7 months
Where the money goes
Program services
Program services $495K · Total expenses $591K
84%
Management & General
Management & general $41K · Total expenses $591K
7%
Fundraising
Fundraising $55K · Total expenses $591K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $42K · Solicited contributions (3-yr avg) $338K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $494K · Total revenue $521K
95%
Government reliance
Government grants — · Total revenue $521K
Earned-income share
Program service revenue $0 · Total revenue $521K
0%
Investment reliance
Investment income $25K · Total revenue $521K
+5%
Program self-sufficiency
Program service revenue $0 · Total expenses $591K
0%
Growth & trend
Revenue growth (YoY)
This year $521K · Prior year $295K
+77%
Net-asset trend (YoY)
End of year $797K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $521K · Expenses $591K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $983K
Net-asset ratio
Net assets $797K · Total assets $983K
81%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $833K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $983K
85%
People & payroll
Highest Reported Total Compensation
Individual Laura Kleiman · Reported title President CEO and Director · Highest reported compensation $121K · Total expenses $591K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $498K · Total expenses $591K
84%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 7%
Fundraising cost ratio 11%
Revenue growth 77%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.0M revenue · ⤓ 990 PDF
FY2024$2.7M revenue · ⤓ 990 PDF
FY2023$521K revenue · viewing · ⤓ 990 PDF
FY2022$295K revenue · ⤓ 990 PDF
FY2021$227K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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