To eliminate the risks posed by pandemic threats through the advancement of science and innovation in medical countermeasure development, ensuring the health and well-being of individuals and communities worldwide.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$220K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2025 · 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
2 of 2
filings with a surplus
Average surplus $657K a year · 42% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$220K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
12 mo
of spending, in cash
Looks good: 11.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$37K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
+164% vs prior year
Spent
$1.1M
To programs
77%
Net assets
$1.3M
By yearFY2024–FY2025
Revenue
$2.3M
FY2025▲ +164%
Tap a bar for its year
Revenue by fiscal year
FY2024$854K
FY2025$2.3M
Expenses
$1.1M
FY2025▲ +41%
Tap a bar for its year
Expenses by fiscal year
FY2024$745K
FY2025$1.1M
Net assets
$1.3M
FY2025▲ ×12
Tap a bar for its year
Net assets by fiscal year
FY2024$109K
FY2025$1.3M

From the FY2025 Form 990 (year ending May 2025) · see the original

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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

77 cents of each dollar spent went to programs.

Program services 77% · $811K Management & general 21% · $222K Fundraising 2% · $21K

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

6 people listed on the 990; $220K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$75,000Pt VII · Sec A
$74,776Pt VII · Sec A
$69,802Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Joe Torres Beg 3-2025’s $75K as President is at the 9th 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

NameFY2025FY2024
Joe Torres Beg 3-2025$75,000—
Brian Wang VP Thru 3-2025$74,776—
Alexander Kleinman Beg 3-2025$69,802—
Brian Wang—$31,178

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.

See Active Site Research 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 15aYes

Programs and updates

Advance science and innovation to develop medical countermeasures against pandemic threats.

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Provided by the organization

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3 programs · $789K · in their own filed words · FY2024
01

The Synthetic Innate Immunity program aims to develop medicines that serve as society's first line of defense against emerging viral outbreaks by taking inspiration from natural mechanisms of innate immunity.

$330Kprogram expense
02

PAN-2025-001 is a single-site, two-arm, parallel-group superiority randomized controlled trial (RCT) with 1:1 allocation, designed to evaluate whether large language model (LLM) use improves the ability of novice lab participants to independently perform complex biological tasks.

$236Kprogram expense
03

The organization periodically provides subject-matter expertise in molecular biology and related life sciences disciplines to AI companies. Such services include responding to technical inquiries and developing advanced scientific problem sets designed to evaluate complex biological reasoning and analytical capabilities in emerging AI…

$223Kprogram 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$20K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Gifts and grantsLn 1h$2.2M
Fees for servicesLn 2g$38K
Other incomeLn 4–11$5K
Money outPt IX
$1.1M
Ln 25
Programscol B$811K
Managementcol C$222K
Fundraisingcol D$21K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$1.4M
LiabilitiesLn 26$37K
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Fees for servicesLn 2g$38K
Other incomeLn 4–11$5K
Gains on assetsLn 7$0
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$1.0M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.0M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.4M
LiabilitiesLn 26$37K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 55
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$90K$1.0M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$127K$1.4M
LiabilitiesLn 26$18K$37K
Net assetsLn 32$109K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$226K$182K$32K$12K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$52K$42K$7K$3K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$1K$870$239$81
Payroll taxesLn 10$22K$18K$3K$1K
Management feesLn 11a$0
Legal feesLn 11b$14K$111$14K
Accounting feesLn 11c$25K$25K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$43K$35K$7K$500
Advertising and promotionLn 12$16K$3K$13K$52
Office expensesLn 13$21K$15K$6K
Information technologyLn 14$13K$5K$8K
RoyaltiesLn 15$0
OccupancyLn 16$159K$62K$95K$2K
TravelLn 17$7K$2K$2K$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$449K$444K$4K
All other expensesLn 24e$2K$733$939
Total functional expensesLn 25$1.1M$811K$222K$21K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.3M$1.1M$1.2M$1.3M 990 PDF
FY2024 $854K$745K$109K$109K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $2,258,848 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $630,277$2,215,714
I-9 Program service revenue$37,893
I-10 Investment income$0
I-11 Other revenuePrior year $224,058$5,241
I-12 Total revenuePrior year $854,335$2,258,848
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $326,274$301,142
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $418,785$752,078
I-18 Total expensesPrior year $745,059$1,053,220
I-19 Revenue less expensesPrior year $109,276$1,205,628
Part VI · Governance 3 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,258,848 across 10 lines filed
VIII-1f All other contributions, gifts and grants$2,215,714
VIII-1h Total contributions, gifts and grants$2,215,714
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $37,893$37,893
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $5,241$5,241
VIII-12 Total revenueRelated to mission $37,893 · Excluded from tax $5,241$2,258,848
Part IX · Statement of functional expenses $1,053,220 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $182,376 · Management $31,911 · Fundraising $11,989$226,276
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $42,232 · Management $7,191 · Fundraising $2,602$52,025
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $870 · Management $239 · Fundraising $81$1,190
IX-10 Payroll taxesPrograms $17,651 · Management $2,916 · Fundraising $1,084$21,651
IX-11a Management fees$0
IX-11b Legal feesPrograms $111 · Management $14,120$14,231
IX-11c Accounting feesManagement $25,420$25,420
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $35,188 · Management $7,100 · Fundraising $500$42,788
IX-12 Advertising and promotionPrograms $3,435 · Management $12,516 · Fundraising $52$16,003
IX-13 Office expensesPrograms $15,269 · Management $5,977$21,246
IX-14 Information technologyPrograms $4,897 · Management $7,729$12,626
IX-15 Royalties$0
IX-16 OccupancyPrograms $61,954 · Management $94,999 · Fundraising $1,696$158,649
IX-17 TravelPrograms $1,541 · Management $2,115 · Fundraising $3,125$6,781
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $3,940$3,940
IX-24 Other expenses (24a–d)Programs $444,330 · Management $4,392$448,722
IX-24e All other expensesPrograms $733 · Management $939$1,672
IX-25 Total functional expensesPrograms $810,587 · Management $221,504 · Fundraising $21,129$1,053,220
Part X · Balance sheet $1,352,366 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $90,453$1,046,342
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$225,000
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $36,374$81,024
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $126,827$1,352,366
X-17 Accounts payable and accrued expensesStart of year $17,551$37,462
X-26 Total liabilitiesStart of year $17,551$37,462
X-27 Net assets without donor restrictionsStart of year $109,276$326,194
X-28 Net assets with donor restrictions$988,710
X-32 Total net assets or fund balancesStart of year $109,276$1,314,904
X-33 Total liabilities and net assetsStart of year $126,827$1,352,366
Part XI · Reconciliation of net assets $1,314,904 net assets at year end
XI-1 Total revenue$2,258,848
XI-2 Total expenses$1,053,220
XI-3 Revenue less expenses$1,205,628
XI-4 Net assets at start of year$109,276
XI-10 Net assets at end of year$1,314,904

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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