The N 1 Collaborative INC FY2023 filing

Tax-deductible

Somerville, MA501(c)(3)Since 2022Diseases & DisordersEIN 88-2591503Revenue $398K in FY2023

On file with the IRSn1collaborative.org7 Carole Pl, 02143-2233 · Somerville, MATax-exempt since Apr 2024Publicly supported charity — 170(b)(1)(A)(vi)

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To make individualized medicines routinely and rapidly accessible to rare disease patients worldwide.

501(c)(3) charity; gifts are tax-deductible.
48¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $232K a year · 40% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
48%
of spending
Concern: 48% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$8K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$398K
+329% vs prior year
Spent
$280K
To programs
48%
Net assets
$112K
By yearFY2022–FY2025
Revenue
$398K
FY2023▲ +329%
Tap a bar for its year
Revenue by fiscal year
FY2022$93K
FY2023$398K
FY2024$453K
FY2025$895K
Expenses
$280K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2022Not on file
FY2023$280K
FY2024$445K
FY2025$324K
Net assets
$112K
FY2023▲ ×21
Tap a bar for its year
Net assets by fiscal year
FY2022−$6K
FY2023$112K
FY2024$120K
FY2025$691K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2024.

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

Where the money goes

48 cents of each dollar spent went to programs.

Program services 48% · $133K Management & general 34% · $96K Fundraising 18% · $50K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See The N 1 Collaborative INC executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Making personalized medicines quickly available to rare disease patients globally.

Questions for The N 1 Collaborative INC

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Provided by the organization

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3 programs · $133K · in their own filed words · FY2023
01

To aggregate and disseminate preclinical and clinical data to enhance the safety and efficacy of individualized treatments and support regulatory decision-making. Specific example: initiated pilot projects to establish preclinical and clinical databases, aiming to identify the minimum viable structure required for such databases.

$60Kprogram expense
02

To establish standards and ensure consistency across diverse individualized treatment programs worldwide. Specific example accomplishment: best practices have been disseminated through collaborative efforts, including workgroups, seminars, peer-reviewed publications, and in-person meetings.

$60Kprogram expense
03

To facilitate connections and collaboration among stakeholders involved in the development of individualized medicines via a collaborative platform where stakeholders offering goods, services, referrals, and support can connect with those seeking them, thereby fostering improved communication and advancement within the field.

$13Kprogram 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$25K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$398K
Ln 12
Gifts and grantsLn 1h$398K
Money outPt IX
$280K
Ln 25
Programscol B$133K
Managementcol C$96K
Fundraisingcol D$50K
Owns and owesPt X
$112K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$120K
LiabilitiesLn 26$8K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$398K
Total revenueLn 12$398K
Assets in detailPt X, end of year
CashLn 1$120K
Cash and savings togetherLn 1–2$120K
Total assetsLn 16$120K
LiabilitiesLn 26$8K
Net assetsLn 32$112K
OperationsPt I, VI
EmployeesI 52
VolunteersI 660
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 FY23End FY23
Cash and savingsLn 1–2$26K$120K
Total assetsLn 16$26K$120K
LiabilitiesLn 26$32K$8K
Net assetsLn 32−$6K$112K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$170K$102K$34K$34K
Other employee benefitsLn 9$12K$6K$3K$2K
Payroll taxesLn 10$16K$10K$3K$3K
Legal feesLn 11b$19K$19K
Accounting feesLn 11c$24K$24K
Advertising and promotionLn 12$11K$11K
Office expensesLn 13$12K$12K
TravelLn 17$15K$15K
InsuranceLn 23$788$788
Total functional expensesLn 25$280K$133K$96K$50K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $895K$324K$571K$691K 990 PDF
FY2024 $453K$445K$8K$120K 990 PDF
FY2023 Viewing $398K$280K$118K$112K 990 PDF
FY2022 $93K−$6K 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 FY2023 990 (6 parts)
Part I · Summary $397,502 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $92,600$397,502
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $92,600$397,502
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $24,604$198,432
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $73,807$81,175
I-18 Total expensesPrior year $98,411$279,607
I-19 Revenue less expensesPrior year −$5,811$117,895
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $397,502 across 3 lines filed
VIII-1f All other contributions, gifts and grants$397,502
VIII-1h Total contributions, gifts and grants$397,502
VIII-12 Total revenue$397,502
Part IX · Statement of functional expenses $279,607 across 9 lines filed
IX-7 Other salaries and wagesPrograms $102,122 · Management $34,041 · Fundraising $34,041$170,204
IX-9 Other employee benefitsPrograms $6,459 · Management $3,255 · Fundraising $2,153$11,867
IX-10 Payroll taxesPrograms $9,817 · Management $3,272 · Fundraising $3,272$16,361
IX-11b Legal feesManagement $18,978$18,978
IX-11c Accounting feesManagement $24,014$24,014
IX-12 Advertising and promotionFundraising $10,977$10,977
IX-13 Office expensesManagement $11,641$11,641
IX-17 TravelPrograms $14,777$14,777
IX-23 InsuranceManagement $788$788
IX-25 Total functional expensesPrograms $133,175 · Management $95,989 · Fundraising $50,443$279,607
Part X · Balance sheet $120,320 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $26,463$120,320
X-16 Total assetsStart of year $26,463$120,320
X-17 Accounts payable and accrued expensesStart of year $32,274$8,236
X-26 Total liabilitiesStart of year $32,274$8,236
X-27 Net assets without donor restrictionsStart of year −$5,811$112,084
X-32 Total net assets or fund balancesStart of year −$5,811$112,084
X-33 Total liabilities and net assetsStart of year $26,463$120,320
Part XI · Reconciliation of net assets $112,084 net assets at year end
XI-1 Total revenue$397,502
XI-2 Total expenses$279,607
XI-3 Revenue less expenses$117,895
XI-4 Net assets at start of year−$5,811
XI-10 Net assets at end of year$112,084

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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