Civic Intelligence

Abzyme Research Foundation

990EZ • Fiscal year 2020 • EIN 27-3438658

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2022

67 Irving Place 12th FloorNew York, NY 10003

(347) 967-3734

Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE H • <$500k nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE H • <$500k nonprofits • Source year 2020

Net Margin

12th percentile

-159%

Higher net margin than 12% of similar nonprofits.

2020 filings • NTEE H • <$500k nonprofits • Source year 2020

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2020 filings • NTEE H • <$500k nonprofits • Source year 2020

Asset Growth

37th percentile

-2.4%

Faster asset growth than 37% of similar nonprofits.

2020 filings • NTEE H • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-91%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • NTEE H • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$344,776

Down $8,566 (-2.4%) from 2019

Net Assets

Down

$344,776

Down $8,566 (-2.4%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$5,394

Down $54,714 (-91%) from 2019

Expenses

Down

$13,960

Down $18,333 (-57%) from 2019

Net Income

Down

-$8,566

Down $36,381 (-131%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2017: $385,535Liabilities 2017: $2,215Net Assets 2017: $383,3202017Assets 2018: $351,372Liabilities 2018: $10,750Net Assets 2018: $340,6222018Assets 2019: $353,342Liabilities 2019: $0Net Assets 2019: $353,3422019Assets 2020: $344,776Liabilities 2020: $0Net Assets 2020: $344,7762020Assets 2021: $341,865Liabilities 2021: $0Net Assets 2021: $341,8652021Assets 2022: $336,178Net Assets 2022: $336,1782022Assets 2023: $328,979Net Assets 2023: $328,9792023Assets 2024: $335,298Net Assets 2024: $335,2982024

Highlighted filing

2020

Assets$344,776
Liabilities$0
Net Assets$344,776

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2017: $172,225Expenses 2017: $744,547Net Income 2017: -$572,3222017Revenue 2018: $84,666Expenses 2018: $127,364Net Income 2018: -$42,6982018Revenue 2019: $60,108Expenses 2019: $32,293Net Income 2019: $27,8152019Revenue 2020: $5,394Expenses 2020: $13,960Net Income 2020: -$8,5662020Revenue 2021: $139Expenses 2021: $3,050Net Income 2021: -$2,9112021Revenue 2022: $52Expenses 2022: $5,739Net Income 2022: -$5,6872022Revenue 2023: $23Expenses 2023: $7,223Net Income 2023: -$7,2002023Revenue 2024: $10,001Expenses 2024: $3,682Net Income 2024: $6,3192024

Highlighted filing

2020

Revenue$5,394
Expenses$13,960
Net Income-$8,566
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2022
Return Version
2020v4.2
Gross Receipts
$5,394
Mission and Program Overview

Mission

Advance the development of abzyme technology in the hopes of producing the world's first effective hiv vaccine and improved treatment for over 36 million hiv-positive people worldwide.

Advance the development of abzyme technology in the hopes of producing the world's first effective hiv vaccine and improved treatment for over 36 million hiv positive people worldwide

Program Services

DescriptionGrantsExpenses
THE SUCCESSFUL COMPLETION OF THE PRE-INVESTIGATIONAL NEW DRUG MEETING WITH THE FDA AS WELLAS THE INITIATION OF A SCALE-UP OF THE MANUFACTURING OF THE VACCINE COMPOUND.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ZACHARY BARNETTExecutive DirectorFT$0--
VALERIE KERRDirector-$0--
BETH MILLER SAKSDirector-$0--
TIM VOLKDirector-$0--
ADAM MACLEANChair-$0--
MICHAEL JEFVERTVice-Chair-$0--
NICHOLAS SMITHTreasurer-$0--
AIMEE A DROUINSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Abzyme Research Foundation
EIN
27-3438658
Phone
3479673734
Address
67 IRVING PLACE 12TH FLOOR, NEW YORK, NY 10003

Signing Officer

Name
Zachary Barnett
Title
Executive Director
Phone
3479673734
Signed
2022-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Demasco Sena & Jahelka Llp
Address
1400 OLD COUNTRY RD SUITE 310E, WESTBURY, NY 11590
Preparer
Robert Bjelke
Phone
5165416549
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 4.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: miscellaneous income. Amount: 5,390.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: payroll service fees. Amount: 542. Description: office expenses. Amount: 1,978. Total to form 990-ez, line 16: 2,520.

Form 990-ez, Part II, Line 24 - Other Assets

Description: investment in covalent bioscience. Beg. Of year amount: 265,658. End of year amount: 265,658.

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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0ADVANCE THE DEVELOPMENT OF ABZYME TECHNOLOGY IN THE HOPES OF PRODUCING THE WORLD'S FIRST EFFECTIVE HIV VACCINE AND IMPROVED TREATMENT FOR OVER 36 MILLION HIV POSITIVE PEOPLE WORLDWIDE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 5,390.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PAYROLL SERVICE FEES. AMOUNT: 542. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,978. TOTAL TO FORM 990-EZ, LINE 16: 2,520.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVESTMENT IN COVALENT BIOSCIENCE. BEG. OF YEAR AMOUNT: 265,658. END OF YEAR AMOUNT: 265,658.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxYr02020

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