Civic Intelligence

Hepatitis B Foundation

EIN 23-2655669 • 501(c)3 • Doylestown, PA

Profile

The mission of the hepatitis b foundation is to find a cure for hepatitis b and improve the quality of life for those affected worldwide through research, education and patient advocacy.

3805 Old Easton RoadDoylestown, PA 18902

www.hepb.org

Siviq Scores

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

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

46th percentile

0.19x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

54th percentile

6.2%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

23rd percentile

-2.5%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

57th percentile

10%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Down

$20,490,190

Down $516,799 (-2.5%) from 2024

Liabilities

Down

$665,680

Down $822,167 (-55%) from 2024

Net Assets

Up

$19,824,510

Up $305,368 (+1.6%) from 2024

Revenue

Up

$3,466,580

Up $319,545 (+10%) from 2024

Expenses

Up

$3,250,824

Up $152,688 (+4.9%) from 2024

Net Income

Up

$215,756

Up $166,857 (+341%) from 2024

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $4,742,232Liabilities 2011: $58,333Net Assets 2011: $4,683,8992011Assets 2012: $4,550,256Liabilities 2012: $103,903Net Assets 2012: $4,446,3532012Assets 2013: $4,639,896Liabilities 2013: $160,440Net Assets 2013: $4,479,4562013Assets 2014: $4,662,537Liabilities 2014: $171,688Net Assets 2014: $4,490,8492014Assets 2015: $6,165,992Liabilities 2015: $265,973Net Assets 2015: $5,900,0192015Assets 2016: $6,531,817Liabilities 2016: $245,618Net Assets 2016: $6,286,1992016Assets 2017: $8,583,023Liabilities 2017: $850,213Net Assets 2017: $7,732,8102017Assets 2018: $8,509,851Liabilities 2018: $700,698Net Assets 2018: $7,809,1532018Assets 2019: $9,602,199Liabilities 2019: $1,570,242Net Assets 2019: $8,031,9572019Assets 2020: $10,026,183Liabilities 2020: $1,608,589Net Assets 2020: $8,417,5942020Assets 2021: $11,952,203Liabilities 2021: $1,736,086Net Assets 2021: $10,216,1172021Assets 2022: $16,299,322Liabilities 2022: $2,189,254Net Assets 2022: $14,110,0682022Assets 2023: $20,224,712Liabilities 2023: $1,523,211Net Assets 2023: $18,701,5012023Assets 2024: $21,006,989Liabilities 2024: $1,487,847Net Assets 2024: $19,519,1422024Assets 2025: $20,490,190Liabilities 2025: $665,680Net Assets 2025: $19,824,5102025

Highlighted filing

2025

Assets$20,490,190
Liabilities$665,680
Net Assets$19,824,510

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,047,130Expenses 2011: $945,531Net Income 2011: $101,5992011Expenses 2012: $983,6952012Expenses 2013: $885,4002013Revenue 2014: $950,596Expenses 2014: $990,386Net Income 2014: -$39,7902014Revenue 2015: $3,629,831Expenses 2015: $2,185,655Net Income 2015: $1,444,1762015Revenue 2016: $2,046,353Expenses 2016: $1,785,789Net Income 2016: $260,5642016Revenue 2017: $1,784,674Expenses 2017: $2,182,193Net Income 2017: -$397,5192017Revenue 2018: $1,961,334Expenses 2018: $1,848,123Net Income 2018: $113,2112018Revenue 2019: $1,945,843Expenses 2019: $1,854,464Net Income 2019: $91,3792019Revenue 2020: $2,054,940Expenses 2020: $1,873,880Net Income 2020: $181,0602020Revenue 2021: $2,860,673Expenses 2021: $1,701,619Net Income 2021: $1,159,0542021Revenue 2022: $2,640,688Expenses 2022: $2,374,928Net Income 2022: $265,7602022Revenue 2023: $2,988,379Expenses 2023: $2,845,275Net Income 2023: $143,1042023Revenue 2024: $3,147,035Expenses 2024: $3,098,136Net Income 2024: $48,8992024Revenue 2025: $3,466,580Expenses 2025: $3,250,824Net Income 2025: $215,7562025

Highlighted filing

2025

Revenue$3,466,580
Expenses$3,250,824
Net Income$215,756

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$20.5$0.67$19.8$3.47$3.25$0.22
2024Detailed filing. Detailed filing data is available for this year.$21.0$1.49$19.5$3.15$3.10$0.05
2023Detailed filing. Detailed filing data is available for this year.$20.2$1.52$18.7$2.99$2.85$0.14
2022Detailed filing. Detailed filing data is available for this year.$16.3$2.19$14.1$2.64$2.37$0.27
2021Detailed filing. Detailed filing data is available for this year.$12.0$1.74$10.2$2.86$1.70$1.16
2020Detailed filing. Detailed filing data is available for this year.$10.0$1.61$8.42$2.05$1.87$0.18
2019Detailed filing. Detailed filing data is available for this year.$9.60$1.57$8.03$1.95$1.85$0.09
2018Detailed filing. Detailed filing data is available for this year.$8.51$0.70$7.81$1.96$1.85$0.11
2017Detailed filing. Detailed filing data is available for this year.$8.58$0.85$7.73$1.78$2.18$0.40
2016Detailed filing. Detailed filing data is available for this year.$6.53$0.25$6.29$2.05$1.79$0.26
2015Detailed filing. Detailed filing data is available for this year.$6.17$0.27$5.90$3.63$2.19$1.44
2014Detailed filing. Detailed filing data is available for this year.$4.66$0.17$4.49$0.95$0.99$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.64$0.16$4.48$0.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$0.10$4.45$0.98
2011Summary only. Only limited summary data is available for this year.$4.74$0.06$4.68$1.05$0.95$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 12, 2026
Return Version
2024v5.5
Gross Receipts
$6,218,535
Mission and Program Overview

Mission

The mission of the hepatitis b foundation is to find a cure for hepatitis b and improve the quality of life for those affected worldwide through research, education and patient advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,005,177$3,174,563▲ $169,386
Savings and Temporary Cash Investments$1,529,590$800,497▼ $729,093
Prepaid Expenses and Deferred Charges$168,325$323,819▲ $155,494
Accounts Receivable$164,118$123,809▼ $40,309
Cash and Non-Interest-Bearing Accounts$185$185→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$21,006,989$20,490,190▼ $516,799
Other Assets Total$16,139,594$16,067,317▼ $72,277
Liabilities
Other Liabilities$1,389,809$554,242▼ $835,567
Accounts Payable and Accrued Expenses$96,608$88,542▼ $8,066
Deferred Revenue$1,430$22,896▲ $21,466
Total Liabilities$1,487,847$665,680▼ $822,167
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,439,060$18,692,228▲ $253,168
Net Assets With Donor Restrictions$1,080,082$1,132,282▲ $52,200
Total Net Assets Fund Balance$19,519,142$19,824,510▲ $305,368
Total Liabilities and Net Assets / Fund Balance$21,006,989$20,490,190▼ $516,799

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$35,150$35,150
Other Assets Org$2,590--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chari Cohen PhdPresidentFT$220,197$42,163$262,360
Joe ErckertChief Development OfficerFT$108,856$61,312$170,168
Timothy M Block PhdChairman--$37,092$37,092

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,332,086
Program Service Revenue
$684,246
Investment Income
$293,070
Other Revenue
$157,178
All Other Contributions
$693,730
Change in Net Assets
$215,756

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,988,103
Revenue Not Reported on Financial Statements
$478,477
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$478,477
Total Revenue per Audited Statements
$2,988,103
Total Revenue per Form 990
$3,466,580
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,909,823
Other Expenses$1,226,905
Total Fundraising Expense$560,785
Grants and Similar Amounts Paid$114,096
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$902,903$59,554$401,474$1,363,931
Fees for Services Other$215,810$3,960$23,725$243,495
Current Officers, Directors, Trustees, and Key Employees$228,526$6,025-$234,551
Other Employee Benefits$118,500$11,329$53,176$183,005
Conferences and Meetings$143,444$1,127$17,658$162,229
Grants to Domestic Orgs$114,096--$114,096
Payroll Taxes$75,199$5,828$27,353$108,380
Travel$75,690-$2,499$78,189
Fees for Services Lobbying$61,535--$61,535
All Other Expenses$50,419$751$7,747$58,917
Occupancy$32,210-$21,260$53,470
Other Expenses$7,597$29,020$5,893$36,617
Insurance$4,158$24,139-$28,297
Fees for Service Investment Mgmnt Fees-$23,847-$23,847
Fees for Services Accounting-$20,045-$20,045
Pension Plan Contributions-$19,956-$19,956
Fees for Services Legal-$600-$600
Total Functional Expenses$2,476,170$213,869$560,785$3,250,824

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,250,824
Total Expenses per Audited Statements$3,250,824
Total Expenses per Form 990$3,250,824
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
African Family Health OrganizationPhiladelphia, PA501(c)(3)Funding to Coalition Partners for Public Awareness and Outreach Programs$0
Asian Pacific Health Foundation (aka American Pacific Health Fdn)La Jolla, CA501(c)(3)Funding to Coalition Partners for Public Awareness and Outreach Programs$0
Korean Community Services of Metro NyBayside, NY501(c)(3)Funding to Coalition Partners for Public Awareness and Outreach Programs$0
Project New Yorker CorporationJamaica, NY501(c)(3)Funding to Coalition Partners for Public Awareness and Outreach Programs$0
Sf Hep B Free-bay AreaSan Francisco, CA501(c)(3)Funding to Coalition Partners for Public Awareness and Outreach Programs$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$55,949
Fundraising Gross Income$27,720
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$179,415$27,720$18,507$9,213
Total Events$179,415$27,720$55,949$-28,229
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$521,681
Operating Lease Liabilities$23,716
Assets Held for Others$8,845
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The federal form 990 is reviewed by the finance committee and then reported on to the foundation's board prior to being filed.

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

Every board member completes and signs a conflict of interest disclosure statement, which is reviewed annually with senior management and employees, ensuring compliance with the policy.

Form 990, Part VI, Section B, Line 15

The compensation for officers and key employees is established by a committee, board approval, and written employment offer letters.

Form 990, Part VI, Section C, Line 19

The federal form 990 is available to the public on the guidestar website. No other documents are made available to the public.

Filing and Contact Details

Filer

Filer Name
Hepatitis B Foundation
EIN
23-2655669
Phone
2154894900
Address
3805 OLD EASTON ROAD, DOYLESTOWN, PA 18902

Signing Officer

Name
Louis P Kassa Iii
Title
CEO
Phone
2154894900
Signed
2026-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis P Kassa Iii
Formed
1991
Legal Domicile
Pa
Voting Board Members
19
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Firm
Eisner Advisory Group LLC
Address
130 NORTH 18TH STREET SUITE 3000, PHILADELPHIA, PA 19103-2757
Preparer
Helen M Martin
Phone
2158818800
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2B:

Salaries and benefits for employees charged to the operations of hepatitis b foundation (hep b) are paid by a related entity, the baruch s blumberg institute (bsbi) and are reimbursed by hep b. All payroll tax and w-2 filings are completed by bsbi.

FORM 990, PART XI, LINE 9:

Net decrease in net assets of affiliated 501(c)(3)-unrestricted -18,139.

FORM 990, PART XII, LINE 2C:

The finance committee assumes responsibility for the oversight of the audit. No changes have been made to this process since the prior year.

Financial Statement Notes

PART X, LINE 2:

The foundation has been classified by the internal revenue service as an organization exempt from income taxes under section 501(c)(3) of the internal revenue code. In addition, the foundation qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(1). U.s. Gaap requires management to evaluate tax positions taken and recognize a tax liability, if the foundation has taken an uncertain tax position that more likely than not would not be sustained upon examination by a government authority. Management has analyzed the tax positions taken by the foundation and has concluded that as of june 30, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The foundation recognizes accrued interest and penalties associated with uncertain tax positions, if any. There were no income tax related interest and penalties recorded for either of the years ended june 30, 2025 or 2024.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Dividend income 101,099. Realized gain 191,971. Misc revenue 185,407. Change in interest in net assets bcbc inc

Raw XML AppendixShowing 400 of 816 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/ActivityOrMissionDesc0THE MISSION OF THE HEPATITIS B FOUNDATION IS TO FIND A CURE FOR HEPATITIS B AND IMPROVE THE QUALITY OF LIFE FOR THOSE AFFECTED WORLDWIDE THROUGH RESEARCH, EDUCATION AND PATIENT ADVOCACY.
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IRS990/MissionDesc0THE MISSION OF THE HEPATITIS B FOUNDATION IS TO FIND A CURE FOR HEPATITIS B AND IMPROVE THE QUALITY OF LIFE FOR THOSE AFFECTED WORLDWIDE THROUGH RESEARCH, EDUCATION AND PATIENT ADVOCACY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0OUTREACH PATIENT SUPPORT - MAINTAIN THE PRIMARY ONLINE PORTAL OF INFORMATION ABOUT HEPATITIS B AT WWW.HEPB.ORG; PROVIDE FREE INFORMATION AND REFERRAL SERVICES THROUGH EMAIL, TELEPHONE, MAIL AND SOCIAL MEDIA OUTLETS; AND PUBLISH FREE PRINT AND ELECTRONIC NEWSLETTERS AND EDUCATIONAL MATERIALS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLIC HEALTH - CREATE COMPREHENSIVE DISEASE EDUCATION CAMPAIGNS IN THE UNITED STATES AND OTHER COUNTRIES; CREATE AND MANAGE LOCAL AND NATIONAL HEPATITIS B COALITIONS; CONDUCT PUBLIC HEALTH RESEARCH TO IMPROVE HEPATITIS B SCREENING AND REFERRAL TO CARE EFFORTS; PUBLISH RESULTS IN PEER REVIEWED JOURNALS TO SHARE PROMISING BEST PRACTICES AND LESSONS LEARNED; AND EDUCATE LOCAL AND NATIONAL POLICYMAKERS TO MAKE HEPATITIS B A PUBLIC HEALTH PRIORITY.
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