Mirror Biology Dialogues Fund EIN 99-3886393

Mirror Biology Dialogues Fund

EIN  99-3886393 Public charity (501(c)(3)) New York, NY Founded 2024
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Advances global discussion on challenges posed by mirror life.
Leadership
James Smith · Deputy Director
Money in and out
$6.2M revenue, $778K expenses
Bottom line
90% program efficiency

Advances global discussion on challenges posed by mirror life. For fiscal year 2024 it reported $6.2M in revenue, $778K in expenses, and $5.4M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$6.2M
Pt VIII · Ln 12
Total expenses
$778K
Pt IX · Ln 25
Net assets
$5.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5.4M
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.09 Fundraising $0.01
Program efficiency
90%
of spending reaches programs
Operating runway
39.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+87%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$6.2M
Pt VIII · Ln 12
Total expenses
$778K
Pt IX · Ln 25
Net assets
$5.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5.4M
Total assetsPt X · Ln 16$5.7M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $700K of program spending, described in the organization's own filed words · FY2024.
01

MBDF'S technical program coordinated meetings and supported the preparation of materials about mirror life. Activities included expert consultation, logistical support, and travel to support the creation of materials, including reports, educational primers, graphics, and webpages, that informed scientists, policymakers, and the general…

$379Kprogram expense
02

MBDF'S dialogue support program facilitated information-sharing on mirror life between scientists and other key stakeholders. Activities included coordinating and conducting outreach to stakeholders, including scientists and the general public, to share information about mirror life and the potential risks it poses.

$281Kprogram expense
03

MBDF'S other support activities included strategic, management and infrastructure costs necessary to carry out our other programs and support the organization's educational and scientific mission.

$40Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMirror Biology Dialogues Fund
EINHdr · item D99-3886393
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jmbdialogues.org
Year of formationHdr · item L2024
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U99)
Ruling yearIRS BMFJul 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Deputy Director
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President, CEO, Treasurer, Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$6.2M
Total revenueLn 12$6.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.09 Fundraising $0.01
Program services90%$700K
Management & general9%$74K
Fundraising1%$4K
Total functional expensesLn 25$778K

Balance Sheet

Part X · end of year
CashLn 1$2.6M
Total assetsLn 16$5.7M
Total liabilitiesLn 26$270K
Total net assetsLn 32$5.4M
Months of cash on handcomputed39.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.6M · Operating expenses/yr $778K
39.6 months
Where the money goes
Program services
Program services $700K · Total expenses $778K
90%
Management & General
Management & general $74K · Total expenses $778K
9%
Fundraising
Fundraising $4K · Total expenses $778K
1%
Cost to raise $1
Fundraising expense $4K · Solicited contributions $6.2M
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $6.2M · Total revenue $6.2M
100%
Government reliance
Government grants $0 · Total revenue $6.2M
0%
Earned-income share
Program service revenue $0 · Total revenue $6.2M
0%
Investment reliance
Investment income $0 · Total revenue $6.2M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $778K
0%
Growth & trend
Revenue growth (YoY)
This year $6.2M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $5.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $6.2M · Expenses $778K
+87%
Liabilities-to-Assets
Total liabilities — · Total assets $5.7M
Net-asset ratio
Net assets $5.4M · Total assets $5.7M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James Smith · Reported title DEPUTY DIRECTOR · Highest reported compensation $0 · Total expenses $778K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $227K · Total expenses $778K
29%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 9%
Fundraising cost ratio 0%
Legal fee ratio 1%
Accounting fee ratio 1%

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
Total grants receivedfrom 2 funders$300K

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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
FY2024 (Latest)$6.2M revenue · viewing · ⤓ 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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