Civic Intelligence

Trudeau Institute Inc

EIN 14-1401413 • 501(c)3 • Saranac Lake, NY

Profile

Trudeau institute's mission is to understand the body's immune system by conducting experimental studies at the frontiers of knowledge. That understanding is vital to progress in strengthening our bodies' ability to fight life-threatening infections, imflammatory diseases, and cancer. Discoveries about the intricate workings of the immune system apply not to just a single disease but to a vast array of human afflictions. The list of diseases critically involving the immune system is extensive: tuberculosis, influenza, arthritis, asthma, sepsis, colitis, multiple sclerosis among many others, including cancer. Progress toward fighting these diseases and finding cures for them requires an in-depth understanding of the workings of the immune system. Scientists at the trudeau institute focus exclusively on understanding the roles of the immune system in health and disease.

154 Algonquin AveSaranac Lake, NY 12983

www.trudeauinstitute.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.05x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.11x

Higher debt load relative to revenue than 33% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

10th percentile

-25%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-8.3%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

15%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$19,650,414

Down $1,787,258 (-8.3%) from 2023

Liabilities

Up

$900,404

Up $287,208 (+47%) from 2023

Net Assets

Down

$18,750,010

Down $2,074,466 (-10.0%) from 2023

Revenue

Up

$8,214,270

Up $1,100,278 (+15%) from 2023

Expenses

Up

$10,300,898

Up $191,358 (+1.9%) from 2023

Net Income

Up

-$2,086,628

Up $908,920 (+30%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $49,719,887Liabilities 2011: $9,104,833Net Assets 2011: $40,615,0542011Assets 2012: $44,001,995Liabilities 2012: $7,905,728Net Assets 2012: $36,096,2672012Assets 2013: $40,104,114Liabilities 2013: $7,962,381Net Assets 2013: $32,141,7332013Assets 2014: $39,192,480Liabilities 2014: $6,327,133Net Assets 2014: $32,865,3472014Assets 2015: $38,747,906Liabilities 2015: $5,124,042Net Assets 2015: $33,623,8642015Assets 2016: $38,676,138Liabilities 2016: $3,660,829Net Assets 2016: $35,015,3092016Assets 2017: $39,633,598Liabilities 2017: $2,581,975Net Assets 2017: $37,051,6232017Assets 2018: $37,078,089Liabilities 2018: $1,790,214Net Assets 2018: $35,287,8752018Assets 2019: $36,605,912Liabilities 2019: $555,945Net Assets 2019: $36,049,9672019Assets 2020: $32,892,580Liabilities 2020: $365,379Net Assets 2020: $32,527,2012020Assets 2021: $32,912,621Liabilities 2021: $364,611Net Assets 2021: $32,548,0102021Assets 2022: $24,855,967Liabilities 2022: $587,162Net Assets 2022: $24,268,8052022Assets 2023: $21,437,672Liabilities 2023: $613,196Net Assets 2023: $20,824,4762023Assets 2024: $19,650,414Liabilities 2024: $900,404Net Assets 2024: $18,750,0102024

Highlighted filing

2024

Assets$19,650,414
Liabilities$900,404
Net Assets$18,750,010

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2011: $15,915,5232011Revenue 2012: $6,035,891Expenses 2012: $12,037,436Net Income 2012: -$6,001,5452012Revenue 2013: $5,631,889Expenses 2013: $11,469,279Net Income 2013: -$5,837,3902013Revenue 2014: $12,039,603Expenses 2014: $11,158,973Net Income 2014: $880,6302014Revenue 2015: $10,667,393Expenses 2015: $9,451,881Net Income 2015: $1,215,5122015Revenue 2016: $8,887,681Expenses 2016: $7,890,114Net Income 2016: $997,5672016Revenue 2017: $8,654,011Expenses 2017: $7,838,596Net Income 2017: $815,4152017Revenue 2018: $8,331,273Expenses 2018: $8,331,828Net Income 2018: -$5552018Revenue 2019: $8,063,717Expenses 2019: $8,767,911Net Income 2019: -$704,1942019Revenue 2020: $5,231,069Expenses 2020: $9,629,411Net Income 2020: -$4,398,3422020Revenue 2021: $8,396,635Expenses 2021: $10,200,639Net Income 2021: -$1,804,0042021Revenue 2022: $6,035,523Expenses 2022: $11,072,643Net Income 2022: -$5,037,1202022Revenue 2023: $7,113,992Expenses 2023: $10,109,540Net Income 2023: -$2,995,5482023Revenue 2024: $8,214,270Expenses 2024: $10,300,898Net Income 2024: -$2,086,6282024

Highlighted filing

2024

Revenue$8,214,270
Expenses$10,300,898
Net Income-$2,086,628

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$0.90$18.8$8.21$10.3$2.09
2023Summary only. Only limited summary data is available for this year.$21.4$0.61$20.8$7.11$10.1$3.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.9$0.59$24.3$6.04$11.1$5.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.9$0.36$32.5$8.40$10.2$1.80
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.9$0.37$32.5$5.23$9.63$4.40
2019Summary only. Only limited summary data is available for this year.$36.6$0.56$36.0$8.06$8.77$0.70
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.1$1.79$35.3$8.33$8.33$0.00
2017Summary only. Only limited summary data is available for this year.$39.6$2.58$37.1$8.65$7.84$0.82
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.7$3.66$35.0$8.89$7.89$1.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.7$5.12$33.6$10.7$9.45$1.22
2014Detailed filing. Detailed filing data is available for this year.$39.2$6.33$32.9$12.0$11.2$0.88
2013Detailed filing. Detailed filing data is available for this year.$40.1$7.96$32.1$5.63$11.5$5.84
2012Summary only. Only limited summary data is available for this year.$44.0$7.91$36.1$6.04$12.0$6.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.7$9.10$40.6$15.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 24, 2025
Return Version
2024v5.2
Gross Receipts
$16,925,195
Mission and Program Overview

Mission

Trudeau institute's mission is to understand the body's immune system by conducting experimental studies at the frontiers of knowledge. That understanding is vital to progress in strengthening our bodies' ability to fight life-threatening infections, imflammatory diseases, and cancer. Discoveries about the intricate workings of the immune system apply not to just a single disease but to a vast array of human afflictions. The list of diseases critically involving the immune system is extensive: tuberculosis, influenza, arthritis, asthma, sepsis, colitis, multiple sclerosis, cancer, zika, and malaria, among many others. Progress toward fighting these diseases and finding cures for them requires an in-depth understanding of the workings of the immune system. Scientists at the trudeau institute focus exclusively on understanding the roles of the immune system in health and disease.

Scientists at trudeau institute focus on developing an in-depth understanding of the role of the immune system in health and disease to facilitate the development of therapeutic treatments and finding cures. Through rigorous experimentation, combined with advanced analytic and software tools, these efforts lead progress towards strengthening our bodies' abilities to combat life threatening infections, inflammatory diseases, and cancer. Discoveries on the intricate working of the immune system apply to a vast array of human afflictions including, but not limited to, tuberculosis, influenza, covid-19, and immune cell-driven maladies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,440,977$10,211,434▼ $1,229,543
Investments in Publicly Traded Securities$7,145,391$8,063,357▲ $917,966
Pledges and Grants Receivable$805,600$407,360▼ $398,240
Savings and Temporary Cash Investments$613,243$279,970▼ $333,273
Investments Other Securities$50,620$205,046▲ $154,426
Prepaid Expenses and Deferred Charges$226,509$152,772▼ $73,737
Cash and Non-Interest-Bearing Accounts$705,615$109,127▼ $596,488
Inventories for Sale or Use$111,906$108,187▼ $3,719
Accounts Receivable$312,945$67,683▼ $245,262
Intangible Assets-$45,478-
Total Assets$21,437,672$19,650,414▼ $1,787,258
Other Assets Total$24,866$0▼ $24,866
Liabilities
Accounts Payable and Accrued Expenses$613,196$900,404▲ $287,208
Total Liabilities$613,196$900,404▲ $287,208
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,878,066$12,679,003▼ $2,199,063
Net Assets With Donor Restrictions$5,946,410$6,071,007▲ $124,597
Total Net Assets Fund Balance$20,824,476$18,750,010▼ $2,074,466
Total Liabilities and Net Assets / Fund Balance$21,437,672$19,650,414▼ $1,787,258

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,007,122$22,322,042$31,329,164
Equipment$840,632$12,287,909$13,128,541
Leasehold Improvements$49,287$434,953$484,240
Other Land Buildings$182,330-$182,330
Land$132,063-$132,063

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$5,831,040-▲ $204,733$31,505$6,004,268
2023$9,996,183-▲ $290,487$4,455,630$5,831,040
2022$11,044,505-▼ $1,009,518$38,804$9,996,183
2021$10,812,889-▲ $372,000$140,384$11,044,505
2020$11,262,806-▲ $429,027$878,944$10,812,889
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William ReileyPresident and DirectorFT$207,645$12,755$220,400
Alex MaueBusiness Development/ COOFT$156,334$12,835$169,169
Shelton BradrickPrincipal InvestigatorFT$148,454$10,938$159,392
Tina MoodyCAO, Treasurer - SecretaryFT$144,972$10,715$155,687
Brian WeinrickPrincipal InvestigatorFT$108,528$22,698$131,226
In-jeong KimPrincipal InvestigatorFT$119,360$11,049$130,409
Kristofer FriersIt ManagerFT$108,232$10,066$118,298
Revenue and Support

Revenue Composition

Contributions and Grants
$674,753
Program Service Revenue
$6,351,201
Investment Income
$840,242
Other Revenue
$348,074
All Other Contributions
$485,756
Change in Net Assets
$-2,086,628

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,296,036
Revenue Not Reported on Financial Statements
$-81,766
Revenue Not Reported on Form 990
$12,162
Other Revenue Adjustments
$-81,766
Total Revenue per Audited Statements
$8,308,198
Total Revenue per Form 990
$8,214,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,506,868
Other Expenses$4,794,030
Total Fundraising Expense$165,478
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,738,471$254,973$99,362$4,092,806
Office Expenses$1,397,014$9,285$1,327$1,407,626
Depreciation Depletion$1,257,853$48,483$5,588$1,311,924
Occupancy$937,500$30,074$4,528$972,102
Fees for Services Other$539,966$96,802$20,589$657,357
Other Employee Benefits$426,619$85,024$15,536$527,179
Current Officers, Directors, Trustees, and Key Employees-$376,087-$376,087
Payroll Taxes$263,214$43,477$7,104$313,795
Pension Plan Contributions$175,919$14,675$6,407$197,001
Insurance$175,323$5,173$779$181,275
Travel$32,553$20,836$3,520$56,909
Fees for Services Accounting-$46,225-$46,225
Fees for Service Investment Mgmnt Fees-$25,000-$25,000
Fees for Services Legal-$15,812-$15,812
Other Expenses$2,514$2,236$738$2,514
Fees for Services Lobbying-$600-$600
Total Functional Expenses$9,060,658$1,074,762$165,478$10,300,898

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,382,664
Expenses per Audited Statements$10,300,898
Total Expenses per Form 990$10,300,898
Expenses Not Reported on Form 990$81,766
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Julie north's brother-in-law joined the board in 2023.

Form 990, Part VI, Section B, Line 11B

Upon review of the irs form 990 by the president and director , the chief administrative officer and controller, and the audit committee, the form 990 is then forwarded to all members of the board of trustees and officially filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Annually, the officers, directors, and members of the board of trustees receive a copy of the trudeau institute conflict of interest policy. Each person is required to submit a signed certification that they will read, understand, and agree to comply with the policy. If there is a disclosure, the board of trustees will ascertain the validity of the potential conflict and follow policy for compliance.

Form 990, Part VI, Section B, Line 15

Compensation for the director and chief administrative officer is reviewed annually against the airi institute annual salary survey to make sure salaries are in line. The process includes the use of comparable compensation for the same position in similar organizations, with review and approval by the executive committee of the board of trustees. The process for determining compensation for all officers is completed annually. Determination is based upon benchmark data from similar organizations and requires review and approval by the director and the board of trustees compensation committee.

Form 990, Part VI, Section C, Line 18

Trudeau institute provides the public direct access to the most recent audited financial statements and form 990 through the organization's website. The financial statements are also provided to all regualtory agencies, the federal and state governments and upon request from various interested parties. Financial statements, governing documents, and institute policies are in the care of the treasurer and secretary and are made available upon request.

Form 990, Part VI, Section C, Line 19

Trudeau institute provides the public direct access to the most recent audited financial statements through the organization's website. The financial statements are also provided to all regulatory agencies, the federal and state governments and upon request from various interested parties. Financial statements, governing documents, and institute policies are in the care of the treasurer and secretary and are made available upon request.

Filing and Contact Details

Filer

Filer Name
Trudeau Institute Inc
EIN
14-1401413
Phone
5188913080
Address
154 ALGONQUIN AVE, SARANAC LAKE, NY 12983

Signing Officer

Name
Tina Moody
Title
CAO, Treasurer & Secretary
Phone
5188913080
Signed
2025-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Reiley
Formed
1889
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
89
Volunteers
20

Preparer

Firm
Bst & Co Cpas Llp
Address
10 BRITISH AMERICAN BLVD, LATHAM, NY 12110
Preparer
Jeremy Cole
Phone
5184596700
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The trudeau institute endowment consists of three funds established for a variety of purposes, which continues to support the main objective and mission of conducting biomedical research. The term endowment are those assets not subject to donor-imposed stipulations, which may be designated for specific purpose by election of the board of trustees. The board designated (quasi) endowment provides earned income in support of the institute director. Income earned in excess of the stated purpose is available for general operations. The permanently restricted endowment is to be maintained in perpetuity to generate income for the institutes operational needs.

PART X, LINE 2:

The institute files form 990 annually with the internal revenue service. When annual returns are filed, some tax positions taken are highly certain to be sustained upon examination by the taxing authorities, while other tax positions are subject to uncertainty about the technical merits of the position or amount of the positions tax benefit that would ultimately be sustained. Management evaluated the institutes tax positions and concluded that the institute had taken no tax positions that required adjustment in its financial statements as of december 31, 2024 and 2023.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

RENTAL EXPENSE -81,766.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSE 81,766.

Raw XML AppendixShowing 400 of 698 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.

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IRS990/ActivityOrMissionDesc0SCIENTISTS AT TRUDEAU INSTITUTE FOCUS ON DEVELOPING AN IN-DEPTH UNDERSTANDING OF THE ROLE OF THE IMMUNE SYSTEM IN HEALTH AND DISEASE TO FACILITATE THE DEVELOPMENT OF THERAPEUTIC TREATMENTS AND FINDING CURES. THROUGH RIGOROUS EXPERIMENTATION, COMBINED WITH ADVANCED ANALYTIC AND SOFTWARE TOOLS, THESE EFFORTS LEAD PROGRESS TOWARDS STRENGTHENING OUR BODIES' ABILITIES TO COMBAT LIFE THREATENING INFECTIONS, INFLAMMATORY DISEASES, AND CANCER. DISCOVERIES ON THE INTRICATE WORKING OF THE IMMUNE SYSTEM APPLY TO A VAST ARRAY OF HUMAN AFFLICTIONS INCLUDING, BUT NOT LIMITED TO, TUBERCULOSIS, INFLUENZA, COVID-19, AND IMMUNE CELL-DRIVEN MALADIES.
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IRS990/Desc0TRUDEAU INSTITUTE IS A WORLD-RENOWNED LEADER IN THE EFFORT TO TREATING HUMAN DISEASES. OUR EXPERTISE AND ENTHUSIASM FOR MODELING INFECTION, IMMUNITY, VACCINATION, INFLAMMATION, AND SEPSIS HAVE LED TO MANY PIONEERING DISCOVERIES. MOUSE MODELS CURRENTLY STUDIED AT THE INSTITUTE INCLUDE INFLUENZA, PARAINFLUENZA, INFLUENZA-ASSOCIATED BACTERIAL PNEUMONIA, BACTERIAL SEPSIS, PNEUMONIC PLAGUE, TUBERCULOSIS, TOXOPLASMOSIS, ZIKA, CHRONIC HERPESVIRUS INFECTION AND COVID-19 (SARS COV-2). TRUDEAU INSTITUTE CONTINUED ITS RESEARCH IN THE AREAS OF IMMUNOLOGY AND INFECTIOUS DISEASE, SUPPORTED BY GRANTS FROM THE NATIONAL INSTITUTE OF HEALTH, NEW YORK STATE, DEPARTMENT OF DEFENSE AND THROUGH SUBCONTRACTS WITH VARIOUS UNIVERSITIES AND FOUNDATIONS. THE TRUDEAU RESEARCH STAFF PUBLISHED ELEVEN (5) ARTICLES IN NINE (5) LEADING SCIENTIFIC JOURNALS.
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