Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
35 cents of each dollar spent went to programs.
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
12 people listed on the 990.
James Rosen’s $367K as CEO is at the 99th percentile of top reported officer pay among 328 $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.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 |
|---|---|---|
| James Rosen | $366,650 | $266,174 |
| William Fletcher Fairey | $285,352 | $100,928 |
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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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
Develops antiviral drugs to prevent global viral catastrophes.
Questions for Readdi INC
Your first name shows with your question. Readdi INC answers here, for everyone.
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- established working relationships with international pandemic preparedness secretariat to design drug discovery and development pillar of the 100 days mission therapeutics roadmap- executed therapeutics database project to illustrate global antiviral landscape first of its kind in the industry- launched comprehensive READDI.ORG website
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $0 | $668K |
| Total assetsLn 16 | $0 | $668K |
| LiabilitiesLn 26 | $0 | $8K |
| Net assetsLn 32 | $0 | $660K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other fees for servicesLn 11g | $90K | $32K | $14K | $45K |
| Office expensesLn 13 | $25K | $9K | $4K | $12K |
| TravelLn 17 | $22K | $8K | $3K | $11K |
| Conferences, conventions and meetingsLn 19 | $4K | $1K | $578 | $2K |
| Total functional expensesLn 25 | $141K | $49K | $21K | $70K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $624K | $1.1M | −$502K | $1.1M | 990 PDF |
| FY2024 | $1.5M | $553K | $915K | $1.6M | 990 PDF |
| FY2023 Viewing | $801K | $141K | $660K | $660K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $800,515 revenue, 12 lines filed
Part VI · Governance 6 of 11 board members independent, 1 to look at
Part VIII · Statement of revenue $800,515 across 5 lines filed
Part IX · Statement of functional expenses $140,909 across 4 lines filed
Part X · Balance sheet $667,606 assets, 6 lines filed
Part XI · Reconciliation of net assets $659,606 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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