Civic Intelligence

Amgen Safety Net Foundation

990PF • Fiscal year 2023 • EIN 22-3850021

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 01, 2024

Organization Profile
One Amgen Center Drive MS 28-4-cThousand Oaks, CA 91320

(888) 762-6436

Siviq Scores

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

Liabilities / Assets

8th percentile

0.01x

Higher debt load relative to assets than 8% of similar nonprofits.

2023 filings • $1B+ nonprofits • Source year 2023

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2023 filings • $1B+ nonprofits • Source year 2023

Net Margin

14th percentile

-6.6%

Higher net margin than 14% of similar nonprofits.

2023 filings • $1B+ nonprofits • Source year 2023

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

2023 filings • $1B+ nonprofits • Source year 2023

Asset Growth

1st percentile

-23%

Faster asset growth than 1% of similar nonprofits.

2023 filings • $1B+ nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-10%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • $1B+ nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$542,252,699

Down $158,902,388 (-23%) from 2022

Net Assets

Down

$539,493,706

Down $158,956,968 (-23%) from 2022

Liabilities

Up

$2,758,993

Up $54,580 (+2.0%) from 2022

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin14th percentile

Revenue

Down

$2,412,331,981

Down $274,107,492 (-10%) from 2022

Expenses

Up

$2,571,288,949

Up $288,367,920 (+13%) from 2022

Net Income

Down

-$158,956,968

Down $562,475,412 (-139%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$800M$600M$400M$200M$0Assets 2011: $14,096,744Liabilities 2011: $523,4952011Assets 2012: $14,092,899Liabilities 2012: $196,7722012Assets 2013: $17,880,042Liabilities 2013: $215,5392013Assets 2014: $17,839,785Liabilities 2014: $176,725Net Assets 2014: $17,663,0602014Assets 2015: $140,364,575Liabilities 2015: $552,869Net Assets 2015: $139,811,7062015Assets 2017: $314,323,616Liabilities 2017: $1,485,103Net Assets 2017: $312,838,5132017Assets 2018: $299,682,858Liabilities 2018: $12,006,320Net Assets 2018: $287,676,5382018Assets 2019: $251,535,095Liabilities 2019: $6,900,070Net Assets 2019: $244,635,0252019Assets 2020: $128,651,706Liabilities 2020: $5,886,806Net Assets 2020: $122,764,9002020Assets 2021: $299,987,244Liabilities 2021: $5,055,014Net Assets 2021: $294,932,2302021Assets 2022: $701,155,087Liabilities 2022: $2,704,413Net Assets 2022: $698,450,6742022Assets 2023: $542,252,699Liabilities 2023: $2,758,993Net Assets 2023: $539,493,7062023Assets 2024: $723,690,861Liabilities 2024: $4,214,380Net Assets 2024: $719,476,4812024

Highlighted filing

2023

Assets$542,252,699
Liabilities$2,758,993
Net Assets$539,493,706
Open 2023 Filing

Operations Trend

Revenue Growth19th percentile

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

$3.0B$2.0B$1.0B$0-$1.0BRevenue 2011: $84,450,843Expenses 2011: $83,649,262Net Income 2011: $801,5812011Revenue 2012: $93,942,050Expenses 2012: $93,619,172Net Income 2012: $322,8782012Revenue 2013: $107,178,678Expenses 2013: $103,410,302Net Income 2013: $3,768,3762013Revenue 2014: $96,129,834Expenses 2014: $96,131,277Net Income 2014: -$1,4432014Revenue 2015: $97,755,613Expenses 2015: $86,949,546Net Income 2015: $10,806,0672015Revenue 2017: $1,177,036,911Expenses 2017: $983,247,266Net Income 2017: $193,789,6452017Revenue 2018: $1,253,875,503Expenses 2018: $1,279,037,478Net Income 2018: -$25,161,9752018Revenue 2019: $1,446,479,948Expenses 2019: $1,489,521,461Net Income 2019: -$43,041,5132019Revenue 2020: $1,491,084,408Expenses 2020: $1,612,954,533Net Income 2020: -$121,870,1252020Revenue 2021: $1,910,051,281Expenses 2021: $1,737,883,951Net Income 2021: $172,167,3302021Revenue 2022: $2,686,439,473Expenses 2022: $2,282,921,029Net Income 2022: $403,518,4442022Revenue 2023: $2,412,331,981Expenses 2023: $2,571,288,949Net Income 2023: -$158,956,9682023Revenue 2024: $2,729,907,609Expenses 2024: $2,549,924,834Net Income 2024: $179,982,7752024

Highlighted filing

2023

Revenue$2,412,331,981
Expenses$2,571,288,949
Net Income-$158,956,968
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 1, 2024
Return Version
2023v5.0
Compensation and Service Providers
Top Officer Pay6th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
W BLAIR FIELDSPresident-$0--
J PAGE BUCHANANVice PresidePT$0--
ALAN JAMIJIANTreasurer-$0--
DENNIS YAISecretary-$0--
ANDREA ROBINSONAssistant Se-$0--
MICKI UNKRICHDirector-$0--
JEAN-PIERRE LLANOS ACKERTDirector-$0--
LISA GRUBERDirector-$0--
PAUL MOWADDirector-$0--
SHANNON KILBANEDirector-$0--
EMILY RAZAQIDirector-$0--
CASPER PARTOVIDirector-$0--
EMILY MASONDirector-$0--
MATT BUSCHDirector-$0--
KATE TANSEY CHEVLENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Amgen Safety Net Foundation
EIN
22-3850021
Phone
8887626436
Address
ONE AMGEN CENTER DRIVE MS 28-4-C, THOUSAND OAKS, CA 91320

Signing Officer

Name
Alan Jamijian
Title
Treasurer
Phone
8887626436
Signed
2024-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Allison & Gibb Llp
Address
31351 VIA COLINAS STE 202, WESTLAKE VILLAGE, CA 91362-4561
Preparer
Lisa a Allison
Phone
8183946689
Raw XML AppendixShowing 400 of 464 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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IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt0539493706
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IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt0539493706
IRS990PF/DistributableAmountGrp/Sect4942j3j5FndtnAndFrgnOrgInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt0682
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt027819
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt01000
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt028137
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0682
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt028137
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IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt0130057
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IRS990PF/MethodOfAccountingAccrualInd0X
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IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt041240604
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt00
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0621885
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt0218428
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IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt040837147
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt1SHIPPING
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt140
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt90
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt100
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt110
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt120
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0ALLISON GIBB LLP
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt031351 VIA COLINAS SUITE 202
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IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.AMGENSAFETYNETFOUNDATION.COM
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE PRIMARY FUNCTION OF AMGEN SAFETY NET FOUNDATION ("ASNF") IS TO PROVIDE POOR, INDIGENT AND FINANCIALLY DISTRESSED PATIENTS WITH ACCESS TO CERTAIN PRESCRIPTION DRUG THERAPIES THAT THEY COULD NOT OTHERWISE AFFORD. THE PRESCRIPTION DRUGS THAT ASNF DISTRIBUTES ARE PRODUCTS PRODUCED BY AMGEN INC. AND ITS AFFILIATES. AMGEN INC. AND ITS AFFILIATES CONTRIBUTE ALL PHARMACEUTICAL PRODUCTS TO ASNF AT NO COST. (AMGEN INC. IS A GLOBAL BIOTECHNOLOGY COMPANY THAT DISCOVERS, DEVELOPS, MANUFACTURES AND MARKETS HUMAN THERAPEUTICS BASED ON ADVANCES IN CELLULAR AND MOLECULAR BIOLOGY.) IN PARTICULAR, ASNF DISTRIBUTES ARANESP, EPOGEN, NEULASTA, N-PLATE, NEUPOGEN, PROLIA, XGEVA, SENSIPAR, VECTIBIX, CORLANOR, REPATHA, BLINCYTO, KYPROLIS, IMLYGIC, ENBREL, PARSABIV, AIMOVIG, EVENITY, KANJINTI, MVASI, AVSOLA, RIABNI, LUMAKRAS, OTEZLA, TEZSPIRE AND AMJEVITA.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt02571288949
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0TO OBTAIN AN APPLICATION OR TO INITIATE THE APPLICATION PROCESS, PLEASE VISIT THE AMGEN SAFETY NET FOUNDATION WEBSITE AT WWW.AMGENSAFETYNETFOUNDATION.COM. FAX COPIES OF THE APPLICATION ARE ACCEPTED. THE FAX NUMBERS ARE 1 (833) 959-1409 AND 1 (844) 465-1384.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0AMGEN SAFETY NET FOUNDATION
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum08884014931
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0ONE AMGEN CENTER DRIVE MS 28-4-C
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0IN GENERAL, APPLICANTS MUST: 1) BE A RESIDENT OF THE UNITED STATES. 2) DEMONSTRATE FINANCIAL NEED, WHICH IS BASED ON THE PATIENT'S ANNUAL HOUSEHOLD INCOME AS A MULTIPLE OF THE FEDERAL POVERTY LEVEL (FPL) AND FAMILY SIZE. 3) PROOF OF INCOME MAY BE REQUIRED. 4) IN ADDITION TO SATISFYING THE GENERAL ELIGIBILITY CRITERIA, AN APPLICANT MUST MEET ADDITIONAL CRITERIA WHICH ARE BASED ON INSURANCE COVERAGE STATUS.
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt0AMGEN INC
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0ONE AMGEN CENTER DRIVE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0THOUSAND OAKS
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0CA
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd091320
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt02410307720
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum01
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt02376317720
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc0PHARMACEUTICAL PRODUCTS
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt02023-12-20
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt011153
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt011153
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt0130057

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$542,252,699
Liabilities
$2,758,993
Net assets
$539,493,706
Revenue
$2,412,331,981
Expenses
$2,571,288,949
Net income
-$158,956,968
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$724$4.21$719$2,730$2,550$180
2023Detailed filing. Detailed filing data is available for this year.$542$2.76$539$2,412$2,571$159
2022Detailed filing. Detailed filing data is available for this year.$701$2.70$698$2,686$2,283$404
2021Detailed filing. Detailed filing data is available for this year.$300$5.06$295$1,910$1,738$172
2020Detailed filing. Detailed filing data is available for this year.$129$5.89$123$1,491$1,613$122
2019Detailed filing. Detailed filing data is available for this year.$252$6.90$245$1,446$1,490$43.0
2018Detailed filing. Detailed filing data is available for this year.$300$12.0$288$1,254$1,279$25.2
2017Detailed filing. Detailed filing data is available for this year.$314$1.49$313$1,177$983$194
2015Detailed filing. Detailed filing data is available for this year.$140$0.55$140$97.8$86.9$10.8
2014Detailed filing. Detailed filing data is available for this year.$17.8$0.18$17.7$96.1$96.1$0.00
2013Summary only. Only limited summary data is available for this year.$17.9$0.22$107$103$3.77
2012Summary only. Only limited summary data is available for this year.$14.1$0.20$93.9$93.6$0.32
2011Summary only. Only limited summary data is available for this year.$14.1$0.52$84.5$83.6$0.80