Civic Intelligence

Medicines360

EIN 26-4443340 • 501(c)3 • San Francisco, CA

Profile

Medicines360 is a non-profit pharmaceutical company that addresses unmet needs of women by developing innovative, affordable and sustainable medical solutions.

49 Stevenson Street 1100San Francisco, CA 94105

www.medicines360.org

Siviq Scores

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

Liabilities / Assets

29th percentile

0.08x

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

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.27x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

18th percentile

-7.3%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $50M-$100M 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

7th percentile

-11%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2024

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2024

Assets

Down

$51,961,979

Down $30,426 (-0.1%) from 2023

Liabilities

Down

$3,998,733

Down $1,161,371 (-23%) from 2023

Net Assets

Up

$47,963,246

Up $1,130,945 (+2.4%) from 2023

Revenue

Up

$14,759,061

Up $4,752,319 (+47%) from 2023

Expenses

Down

$15,830,980

Down $3,495,517 (-18%) from 2023

Net Income

Up

-$1,071,919

Up $8,247,836 (+88%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $23,926,803Liabilities 2010: $598,014Net Assets 2010: $23,328,7892010Assets 2011: $31,712,179Liabilities 2011: $1,213,446Net Assets 2011: $30,498,7332011Assets 2012: $31,969,127Liabilities 2012: $1,980,179Net Assets 2012: $29,988,9482012Assets 2013: $61,196,816Liabilities 2013: $41,500,495Net Assets 2013: $19,696,3212013Assets 2014: $51,980,781Liabilities 2014: $37,104,861Net Assets 2014: $14,875,9202014Assets 2015: $104,754,032Liabilities 2015: $36,331,029Net Assets 2015: $68,423,0032015Assets 2016: $91,943,412Liabilities 2016: $33,360,642Net Assets 2016: $58,582,7702016Assets 2017: $98,482,629Liabilities 2017: $29,917,281Net Assets 2017: $68,565,3482017Assets 2018: $87,075,006Liabilities 2018: $28,112,017Net Assets 2018: $58,962,9892018Assets 2019: $89,670,482Liabilities 2019: $3,537,523Net Assets 2019: $86,132,9592019Assets 2020: $84,365,229Liabilities 2020: $3,810,096Net Assets 2020: $80,555,1332020Assets 2021: $78,136,858Liabilities 2021: $4,024,048Net Assets 2021: $74,112,8102021Assets 2022: $65,028,349Liabilities 2022: $5,787,561Net Assets 2022: $59,240,7882022Assets 2023: $51,992,405Liabilities 2023: $5,160,104Net Assets 2023: $46,832,3012023Assets 2024: $51,961,979Liabilities 2024: $3,998,733Net Assets 2024: $47,963,2462024

Highlighted filing

2024

Assets$51,961,979
Liabilities$3,998,733
Net Assets$47,963,246

Operations Trend

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

$100M$50M$0-$50MExpenses 2010: $9,391,8092010Expenses 2011: $12,349,5322011Expenses 2012: $15,595,3902012Revenue 2013: $2,041,551Expenses 2013: $12,266,842Net Income 2013: -$10,225,2912013Revenue 2014: $3,137,921Expenses 2014: $7,910,891Net Income 2014: -$4,772,9702014Revenue 2015: $69,492,345Expenses 2015: $15,893,825Net Income 2015: $53,598,5202015Revenue 2016: $7,672,651Expenses 2016: $16,564,862Net Income 2016: -$8,892,2112016Revenue 2017: $23,326,051Expenses 2017: $17,034,239Net Income 2017: $6,291,8122017Revenue 2018: $16,684,261Expenses 2018: $21,355,992Net Income 2018: -$4,671,7312018Revenue 2019: $17,400,453Expenses 2019: $23,813,287Net Income 2019: -$6,412,8342019Revenue 2020: $12,024,199Expenses 2020: $23,337,557Net Income 2020: -$11,313,3582020Revenue 2021: $24,675,342Expenses 2021: $22,588,940Net Income 2021: $2,086,4022021Revenue 2022: $10,933,921Expenses 2022: $18,738,779Net Income 2022: -$7,804,8582022Revenue 2023: $10,006,742Expenses 2023: $19,326,497Net Income 2023: -$9,319,7552023Revenue 2024: $14,759,061Expenses 2024: $15,830,980Net Income 2024: -$1,071,9192024

Highlighted filing

2024

Revenue$14,759,061
Expenses$15,830,980
Net Income-$1,071,919

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.0$4.00$48.0$14.8$15.8$1.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.0$5.16$46.8$10.0$19.3$9.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.0$5.79$59.2$10.9$18.7$7.80
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$78.1$4.02$74.1$24.7$22.6$2.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.4$3.81$80.6$12.0$23.3$11.3
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.7$3.54$86.1$17.4$23.8$6.41
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.1$28.1$59.0$16.7$21.4$4.67
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.5$29.9$68.6$23.3$17.0$6.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.9$33.4$58.6$7.67$16.6$8.89
2015Detailed filing. Detailed filing data is available for this year.$105$36.3$68.4$69.5$15.9$53.6
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.0$37.1$14.9$3.14$7.91$4.77
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.2$41.5$19.7$2.04$12.3$10.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.0$1.98$30.0$15.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.7$1.21$30.5$12.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$0.60$23.3$9.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$29,233,254
Mission and Program Overview

Mission

Medicines360 is a non-profit pharmaceutical organization that addresses unmet needs of women by developing innovative, affordable and sustainable medicines and devices

Medicines360 is a non-profit women's health organization that focuses on developing new products and accelerating access to innovation for women.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$42,851,767$43,484,545▲ $632,778
Accounts Receivable$2,473,387$2,920,133▲ $446,746
Savings and Temporary Cash Investments$1,202,424$1,336,302▲ $133,878
Prepaid Expenses and Deferred Charges$941,546$780,162▼ $161,384
Cash and Non-Interest-Bearing Accounts$811,209$639,098▼ $172,111
Land, Buildings, and Equipment, Net$552,980$370,464▼ $182,516
Inventories for Sale or Use$356,789$141,642▼ $215,147
Investments Other Securities$1,000$1,000→ $0
Total Assets$51,992,405$51,961,979▼ $30,426
Other Assets Total$2,801,303$2,288,633▼ $512,670
Liabilities
Accounts Payable and Accrued Expenses$3,347,536$2,753,753▼ $593,783
Other Liabilities$1,812,568$1,244,980▼ $567,588
Total Liabilities$5,160,104$3,998,733▼ $1,161,371
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$46,041,798$46,399,829▲ $358,031
Net Assets With Donor Restrictions$790,503$1,563,417▲ $772,914
Total Net Assets Fund Balance$46,832,301$47,963,246▲ $1,130,945
Total Liabilities and Net Assets / Fund Balance$51,992,405$51,961,979▼ $30,426

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$221,788$1,655,826$1,877,614
Other Land Buildings$55,088$349,878$404,966
Leasehold Improvements$93,588$137,977$231,565
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrea OlariuCEOFT$563,958$539,568$1,103,526
Bradley LukeChief Financial OfficerFT$390,335$278,085$668,420
Autumn EhnowEvp, Corporate AffairsFT$310,976$255,498$566,474
Robert DeckmanVP, Product Development & Sustain EngFT$400,501$141,758$542,259
Robert DeckmanVP, Product Development & Sustain En-$311,161$231,098$542,259
Cynthia HuGeneral Counsel/bod Sec (to 6/2024)FT$189,847$340,938$530,785
Mark BuschSVP, Quality Assurance & Product SafetyFT$398,963$107,456$506,419
Mark BuschSVP, Quality Assurance & Product Saf-$286,209$220,210$506,419
Natalie OttenVP, Finance & AccountingFT$271,137$201,422$472,559
Margot FahnestockVP, Strategic DevelopmentFT$279,488$109,408$388,896
Lisa DavidBod Chair-$60,000-$60,000
Ann BarberDirector-$40,000-$40,000
Elizabeth GarnerDirector-$40,000-$40,000
Karen DawesDirector-$40,000-$40,000
Mike DorseyDirector-$40,000-$40,000
Erica RogersDirector (from 6/2024 to 12/2024)-$30,000-$30,000
Leslie BenetDirector (to 6/2024)-$20,000-$20,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Poba Medical INCConsultant Services3001 W SHEMRELL BLVD, Flagstaff, AZ 86005, Nl$571,684
Polyvation BvConsultant Services6 CUTLER COURT, Suffern, NY 10901$285,000
Bapna Consulting CorporationConsultant Services4280 HACIENDA DR, Pleasanton, CA 94588$195,153
Veeva Systems INCCloud-based Software425 MARKET STREET SUITE 2900, San Francisco, CA 94105$170,936
BuchlaterLegal Services-$166,875
Revenue and Support

Revenue Composition

Contributions and Grants
$2,914,846
Program Service Revenue
$0
Investment Income
$1,691,229
Other Revenue
$10,152,986
All Other Contributions
$2,914,846
Change in Net Assets
$-1,071,919

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$1,801,194Fair Market Value (FMV)
Total Noncash Contributions1$1,801,194-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,537,102
Other Expenses$7,286,992
Total Fundraising Expense$545,651
Grants and Similar Amounts Paid$6,886
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,537,241$1,442,672$187,842$5,167,755
Fees for Services Other$2,934,795$546,003$145,121$3,625,919
Current Officers, Directors, Trustees, and Key Employees$1,517,921$619,087$80,608$2,217,616
Other Employee Benefits$415,248$169,360$22,051$606,659
Occupancy$402,937$164,339$21,398$588,674
Advertising$512,948--$512,948
Office Expenses$343,529$140,109$18,243$501,881
Insurance$318,760$130,007$16,927$465,694
Travel$281,257$114,711$14,936$410,904
Fees for Services Legal$324,786$67,305-$392,091
Payroll Taxes$263,268$107,374$13,981$384,623
Depreciation Depletion$203,318$23,482$3,057$229,857
Pension Plan Contributions$109,825$44,792$5,832$160,449
Fees for Service Investment Mgmnt Fees-$151,251-$151,251
Fees for Services Accounting-$132,467-$132,467
All Other Expenses$42,043$32,119$1,886$76,048
Other Expenses$24,786$10,109$1,316$36,211
Fees for Services Lobbying$13,275--$13,275
Grants to Domestic Orgs$4,307--$4,307
Foreign Grants$2,579--$2,579
Total Functional Expenses$11,331,488$3,953,841$545,651$15,830,980
International Activity

International Summary

Offices
0
Employees
0
Spending
$535,515

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesInventory Related to Avibela Sales, Outsourced Services00$377,069
Sub-saharan AfricaProgram ServicesOutsourced Services, Consulting, Regulatory Affairs00$155,754
Sub-saharan AfricaGrants-00$2,579
South AsiaProgram ServicesOutsourced Services00$113
EuropePROGRAM REVENUE - $17,100-00-
Sub-saharan AfricaPROGRAM REVENUE - $89,064-00-
Central AmericaPROGRAM REVENUE - $56,125-00-
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Lease Liability$1,244,980
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

Before filing, the tax return is provided to the board audit committee for their review and approval, and the full board for their review.

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

Officers/directors are required to disclose or update annually interests that could give rise to conflicts of interest.

Form 990, Part VI, Section B, Line 15

The ceo compensation is set on the basis of salary ranges for comparably sized companies in the radford global life sciences survey data and comparable non-profits. The compensation of officers and key employees are bench-marked against the radford global life sciences survey data and comparable non-profits. The board of directors reviews and approves the data and compensation for the ceo. The compensation of officers is reviewed and approved by the compensation committee, which is comprised of independent board members.

Form 990, Part VI, Section C, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Medicines360
EIN
26-4443340
Phone
4159518700
Address
49 STEVENSON STREET 1100, SAN FRANCISCO, CA 94105

Signing Officer

Name
Bradley Luke
Title
CFO/COO
Phone
4159518700
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Olariu
Formed
2009
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
33
Volunteers
0

Preparer

Firm
Bpm Llp
Address
10 ALMADEN BOULEVARD SUITE 1000, SAN JOSE, CA 95113-2238
Preparer
Tamara L Mcinerney
Phone
4089616300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants: program service expenses 1,155,669. Management and general expenses 162,315. Fundraising expenses 0. Total expenses 1,317,984. Outsourced services: program service expenses 1,345,604. Management and general expenses 383,688. Fundraising expenses 145,121. Total expenses 1,874,413. Fda fees: program service expenses 433,522. Management and general expenses 0. Fundraising expenses 0. Total expenses 433,522.

Financial Statement Notes

PART X, LINE 2:

As of december 31, 2024 and 2023, the company had no unrecognized tax benefits. The company does not expect any material changes to its unrecognized tax benefits within the next twelve months. As a result, the company did not recognize interest and penalties related to uncertain tax positions as a component of income tax expense.

Raw XML AppendixShowing 400 of 826 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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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MEDICINES360 IS A NON-PROFIT WOMEN'S HEALTH ORGANIZATION THAT FOCUSES ON DEVELOPING NEW PRODUCTS AND ACCELERATING ACCESS TO INNOVATION FOR WOMEN.
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IRS990/Form990PartVIISectionAGrp/PersonNm13MARGOT FAHNESTOCK
IRS990/Form990PartVIISectionAGrp/PersonNm14NATALIE OTTEN
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (TO 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (FROM 6/2024 TO 12/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9GENERAL COUNSEL/BOD SEC (TO 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP, PRODUCT DEVELOPMENT & SUSTAIN ENG
IRS990/Form990PartVIISectionAGrp/TitleTxt11EVP, CORPORATE AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt12SVP, QUALITY ASSURANCE & PRODUCT SAFETY
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP, STRATEGIC DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP, FINANCE & ACCOUNTING
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IRS990/FSAuditedInd01
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IRS990/GamingActivitiesInd00
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IRS990/GrantsToOrganizationsInd00
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0MEDICINES360 IS A NON-PROFIT WOMEN'S HEALTH ORGANIZATION THAT FOCUSES ON DEVELOPING NEW PRODUCTS AND ACCELERATING ACCESS TO INNOVATION FOR WOMEN.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-81958
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IRS990/OtherRevenueMiscGrp/BusinessCd1900099
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt043735
IRS990/PYInvestmentIncomeAmt0-6717

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