Civic Intelligence

La Jolla Bioengineering Institute

990EZ • Fiscal year 2022 • EIN 10-0003432

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 18, 2023

432 Glorietta BlvdCoronado, CA 92118

(858) 456-7505

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.97x

Higher debt load relative to assets than 94% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

100th percentile

57.96x

Higher debt load relative to revenue than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

15th percentile

-30%

Higher net margin than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

30th percentile

-11%

Faster asset growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-59%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$257,999

Down $31,528 (-11%) from 2021

Net Assets

$7,630

No earlier filing loaded for comparison.

Liabilities

Down

$250,369

Down $30,225 (-11%) from 2021

Revenue

Down

$4,320

Down $6,321 (-59%) from 2021

Expenses

Down

$5,623

Down $3,889 (-41%) from 2021

Net Income

Down

-$1,303

Down $2,432 (-215%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0-$200KAssets 2010: $724,503Liabilities 2010: $224,327Net Assets 2010: $500,1762010Assets 2011: $690,258Liabilities 2011: $263,618Net Assets 2011: $426,6402011Assets 2012: $448,859Liabilities 2012: $283,777Net Assets 2012: $165,0822012Assets 2013: $338,825Liabilities 2013: $344,611Net Assets 2013: -$5,7862013Assets 2014: $312,972Liabilities 2014: $293,469Net Assets 2014: $19,5032014Assets 2015: $173,290Liabilities 2015: $155,828Net Assets 2015: $17,4622015Assets 2016: $155,019Liabilities 2016: $132,581Net Assets 2016: $22,4382016Assets 2017: $213,983Liabilities 2017: $180,128Net Assets 2017: $33,8552017Assets 2018: $257,621Liabilities 2018: $224,651Net Assets 2018: $32,9702018Assets 2019: $262,537Liabilities 2019: $225,813Net Assets 2019: $36,7242019Assets 2020: $207,235Liabilities 2020: $199,6182020Assets 2021: $289,527Liabilities 2021: $280,5942021Assets 2022: $257,999Liabilities 2022: $250,369Net Assets 2022: $7,6302022Assets 2023: $304,005Liabilities 2023: $298,846Net Assets 2023: $5,1592023

Highlighted filing

2022

Assets$257,999
Liabilities$250,369
Net Assets$7,630

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,879,7702010Expenses 2011: $4,188,2652011Expenses 2012: $3,751,1502012Revenue 2013: $2,966,808Expenses 2013: $3,104,126Net Income 2013: -$137,3182013Revenue 2014: $2,419,263Expenses 2014: $2,315,189Net Income 2014: $104,0742014Revenue 2015: $687,513Expenses 2015: $689,554Net Income 2015: -$2,0412015Revenue 2016: $651,891Expenses 2016: $646,915Net Income 2016: $4,9762016Revenue 2017: $659,585Expenses 2017: $648,168Net Income 2017: $11,4172017Revenue 2018: $632,386Expenses 2018: $633,271Net Income 2018: -$8852018Revenue 2019: $610,281Expenses 2019: $606,527Net Income 2019: $3,7542019Revenue 2020: $132,257Expenses 2020: $161,248Net Income 2020: -$28,9912020Revenue 2021: $10,641Expenses 2021: $9,512Net Income 2021: $1,1292021Revenue 2022: $4,320Expenses 2022: $5,623Net Income 2022: -$1,3032022Revenue 2023: $329Expenses 2023: $2,800Net Income 2023: -$2,4712023

Highlighted filing

2022

Revenue$4,320
Expenses$5,623
Net Income-$1,303
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 18, 2023
Return Version
2021v4.0
Gross Receipts
$4,320
Mission and Program Overview

Mission

The Institute specializes in research on diseases whose origin and treatment are rooted in cell membrane mechanics. Such diseases include arteriosclerosis, osteoporosis, Alzheimer's and cardiovascular disease. Other biomechanical research includes anti-inflammatory biomaterials development and musculoskeletal properties research. The Institute receives substantially all of its revenue through grants from the National Institutes of Health.

Biomedical research

Program Services

DescriptionGrantsExpenses
There was no funding or research expenditures this year$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John A Frangos PhDPresident CEO And Scientific DirectorPT$0--
Marcos Intaglietta PhDChairman Of The Board-$0--
Michael Nicolaou PhDDirector And CFO-$0--
Douglas Stewart PhDDirector-$0--
Filing and Contact Details

Filer

Filer Name
La Jolla Bioengineering Institute
EIN
10-0003432
Phone
8584567505
Address
432 Glorietta Blvd, Coronado, CA 92118

Signing Officer

Name
John Frangos
Title
President and CEO
Phone
8584567505
Signed
2023-04-18
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Communications;1560|Insurance;900^Total;2460^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Supplementary Executive Retirement Plan;250369^Total;250369^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Supplementary Executive Retirement Plan;250369^Total;250369^

Raw XML Appendix182 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum08584567505
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0432 Glorietta Blvd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Coronado
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092118
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08933
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07630
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-1303
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0560
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08933
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07630
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08933
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07630
IRS990EZ/OccupancyRentUtltsAndMaintAmt02603
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0John A Frangos PhD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Marcos Intaglietta PhD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Michael Nicolaou PhD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Douglas Stewart PhD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President CEO and Scientific Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairman of the Board
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director and CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0280594
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0250369
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02460
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Biomedical research
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0There was no funding or research expenditures this year
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt04320
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0280594
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0250369
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05623
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt04320
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.ljbi.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0We provided administrative services for an unrelated organization.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0110874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0605487
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0631751
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01348112
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0376
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0635
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01011
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99925
IRS990ScheduleA/PublicSupportPY170Pct00.996
IRS990ScheduleA/PublicSupportTotal170Amt01348112
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0110874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0605487
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0631751
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01348112
IRS990ScheduleA/TotalSupportAmt01349123
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Communications;1560|Insurance;900^Total;2460^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Supplementary Executive Retirement Plan;250369^Total;250369^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Supplementary Executive Retirement Plan;250369^Total;250369^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0I am John A Frangos, President and CEO of the La Jolla Bioengineering Institute. The Form 990-EZ for our organization was due by December 15, 2022, based on our fiscal year ending June 30, 2022. It is normally prepared primarily by myself as I am the only employee (unpaid) of the organization. In late November, however, I contracted COVID while traveling in Europe and had a lengthy and difficult convalescence. I have now completed the Form 990-EZ with Schedules A and O. I request that these be accepted.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0John Frangos
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President and CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08584567505
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LA JOLLA BIOENGINEERING INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0LAJO
ReturnHeader/Filer/EIN0100003432
ReturnHeader/Filer/PhoneNum08584567505
ReturnHeader/Filer/USAddress/AddressLine1Txt0432 Glorietta Blvd
ReturnHeader/Filer/USAddress/CityNm0Coronado
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092118
ReturnHeader/ReturnTs02023-04-18T14:51:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.30$0.01$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.26$0.25$0.01$0.00$0.01$0.00
2021Summary only. Only limited summary data is available for this year.$0.29$0.28$0.01$0.01$0.00
2020Summary only. Only limited summary data is available for this year.$0.21$0.20$0.13$0.16$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.23$0.04$0.61$0.61$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.22$0.03$0.63$0.63$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.18$0.03$0.66$0.65$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.13$0.02$0.65$0.65$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.16$0.02$0.69$0.69$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.29$0.02$2.42$2.32$0.10
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.34$0.34$0.01$2.97$3.10$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.28$0.17$3.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.26$0.43$4.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.22$0.50$3.88
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits