Solving for Science EIN 87-4048733

Solving for Science FY2024 filing

EIN  87-4048733 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering scientists with support for collaboration and problem-solving to drive change.
Leadership
Kari R Fisher · Highest Compensated Employee · $122K
Money in and out
$339K revenue, $340K expenses
Bottom line
64% program efficiency

Empowering scientists with support for collaboration and problem-solving to drive change. For fiscal year 2024 it reported $339K in revenue, $340K in expenses, and $173K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$339K
Pt VIII · Ln 12
Total expenses
$340K
Pt IX · Ln 25
Net assets
$173K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.33 Fundraising $0.03
Program efficiency
64%
of spending reaches programs
Operating runway
5.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
0%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$339K
FY2024▼ -15%
Expenses
$340K
FY2024▲ +8%
Total assets
$173K
FY2024▼ -1%
Total liabilities
$575
FY2024
Total revenue
$339K
Pt VIII · Ln 12
Total expenses
$340K
Pt IX · Ln 25
Net assets
$173K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$173K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

2 program services account for $218K of program spending, described in the organization's own filed words · FY2023.
01

Discovery Stack Pilot

A pilot effort in remodeling scientific publishing and peer review to make papers open access, control the tap on reviewing, make a superior platform, and return the profits to science. A first design pass was launched in 2023; the discovery stack pilot was launched in 2024

$193Kprogram expense
02

Immunoskamania Conference

Immunoskamania 2024, a conference to gather senior faculty, principal investigators, and other notable people in the immunology and cancer therapy fields to convene around making science better, and in particular, discussing ways senior scientists in academia can use their power to change the culture of science.

$25Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSolving for Science
EINHdr · item D87-4048733
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jsolvingfor.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U20)
Ruling yearIRS BMFFeb 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Highest Compensated Employee
$121,841Pt VII · Sec A
Executive Officer
$41,000Pt VII · Sec A
Treasurer
$11,023Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Brooke Runnette’s $158K as Executive Officer is at the 87th percentile of top reported officer pay among 310 $100K–1M science & technology 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023
Brooke Runnette$158,335$41,000$10,000
Kari R Fisher$121,841
Vincent Chan$11,023

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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Statement of Revenue

Part VIII
Contributions & grants$335K · 99%
Other revenue$4K · 1%
Contributions & grants99%$335K
Other revenue1%$4K
Investment income$8
Total revenueLn 12$339K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.33 Fundraising $0.03
Program services64%$218K
Management & general33%$113K
Fundraising3%$9K
Total functional expensesLn 25$340K

Balance Sheet

Part X · end of year
CashLn 1$152K
Total assetsLn 16$173K
Total liabilitiesLn 26$575
Total net assetsLn 32$173K
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $152K · Operating expenses/yr $340K
5.4 months
Where the money goes
Program services
Program services $218K · Total expenses $340K
64%
Management & General
Management & general $113K · Total expenses $340K
33%
Fundraising
Fundraising $9K · Total expenses $340K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $10K · Solicited contributions (2-yr avg) $368K
$0.03 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $335K · Total revenue $339K
99%
Government reliance
Government grants $0 · Total revenue $339K
0%
Earned-income share
Program service revenue $0 · Total revenue $339K
0%
Investment reliance
Investment income $8 · Total revenue $339K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $340K
0%
Growth & trend
Revenue growth (YoY)
This year $339K · Prior year $400K
-15%
Net-asset trend (YoY)
End of year $173K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $339K · Expenses $340K
0%
Liabilities-to-Assets
Total liabilities — · Total assets $173K
Net-asset ratio
Net assets $173K · Total assets $173K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $173K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kari R Fisher · Reported title HIGHEST COMPENSATED EMPLOYEE · Highest reported compensation $122K · Total expenses $340K
36%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $232K · Total expenses $340K
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 33%
Fundraising cost ratio 3%
Revenue growth -15%
Legal fee ratio 1%
Accounting fee ratio 4%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$136K
Grants paid · 1 grant · $10K · 2024–2024

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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)$467K revenue · ⤓ 990 PDF
FY2024$339K revenue · viewing · ⤓ 990 PDF
FY2023$400K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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