Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
EIN 36-2229561 • 501(c)3 • Rockville, MD
Profile
Organization's mission is to advance and conduct infectious disease-related research.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
61st percentile
Higher top officer pay than 61% of similar nonprofits.
Top officer pay equals 3.1% of source-year revenue.
Asset Growth
50th percentile
Faster asset growth than 50% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Assets
Up$20,284,618
Up $820,541 (+4.2%) from 2023
Liabilities
Down$7,870,943
Down $723,997 (-8.4%) from 2023
Net Assets
Up$12,413,675
Up $1,544,538 (+14%) from 2023
Revenue
Up$7,001,788
Up $968,856 (+16%) from 2023
Expenses
Up$5,953,541
Up $999,449 (+20%) from 2023
Net Income
Down$1,048,247
Down $30,593 (-2.8%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Afbr's mission is to support basic research in the field of tropical medicine, specifically schistosomiasis. This takes many forms, most of which is to supply investigators, worldwide, with life cycle stages of the three schistosome species that cause the most disease in the human population. Afbr also offers training in various aspects of the life cycle maintenance so investigators can set up their own labs and conduct research independently.
Organization's mission is to advance and conduct infectious disease-related research.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $8,780,798 | $9,475,488 | ▲ $694,690 |
| Land, Buildings, and Equipment, Net | $2,692,778 | $2,786,832 | ▲ $94,054 |
| Cash and Non-Interest-Bearing Accounts | $1,177,237 | $1,474,117 | ▲ $296,880 |
| Pledges and Grants Receivable | $1,195,147 | $1,159,695 | ▼ $35,452 |
| Accounts Receivable | $28,492 | $437,369 | ▲ $408,877 |
| Prepaid Expenses and Deferred Charges | $234,758 | $224,198 | ▼ $10,560 |
| Total Assets | $19,464,077 | $20,284,618 | ▲ $820,541 |
| Other Assets Total | $5,354,867 | $4,726,919 | ▼ $627,948 |
| Liabilities | |||
| Other Liabilities | $8,209,195 | $7,326,201 | ▼ $882,994 |
| Accounts Payable and Accrued Expenses | $385,745 | $544,742 | ▲ $158,997 |
| Total Liabilities | $8,594,940 | $7,870,943 | ▼ $723,997 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $10,869,137 | $12,413,675 | ▲ $1,544,538 |
| Total Net Assets Fund Balance | $10,869,137 | $12,413,675 | ▲ $1,544,538 |
| Total Liabilities and Net Assets / Fund Balance | $19,464,077 | $20,284,618 | ▲ $820,541 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $2,752,842 | $2,579,056 | $5,331,898 |
| Equipment | $33,990 | $542,903 | $576,893 |
| Other Land Buildings | - | $21,193 | $21,193 |
| Other Assets Org | $4,726,919 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Edwin Ashourian | Executive Di | FT | $201,093 | $18,224 | $219,317 |
| Edwin Ashourian | Executive Director | - | $201,093 | $18,224 | $219,317 |
| Margaret Mentink-kane | Chief Scient | FT | $175,334 | $17,083 | $192,417 |
| Margaret Mentink-kane | Chief Scientific Off | - | $175,334 | $17,083 | $192,417 |
| John Ward | Chief Biorep | FT | $124,775 | $12,996 | $137,771 |
| Elena H Lim | Accounting M | FT | $100,204 | $13,656 | $113,860 |
| Name | Title |
|---|---|
| Dr Philip Loverde | Board Presid |
| Dr John Sacci | Board Vice P |
| Brian Gaines | Director |
| Christopher White | Director |
| Rachael Widener | Director |
| Jay George | Trustee/dire |
| Bob Burleson | Treasuer |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,534,523 |
| Salaries, Compensation, and Employee Benefits | $2,419,018 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | - | $1,556,938 | - | $1,556,938 |
| Other Salaries and Wages | $854,162 | $320,462 | - | $1,174,624 |
| Other Employee Benefits | - | $524,041 | - | $524,041 |
| Current Officers, Directors, Trustees, and Key Employees | $364,464 | $136,738 | - | $501,202 |
| Depreciation Depletion | - | $379,253 | - | $379,253 |
| Payroll Taxes | - | $146,861 | - | $146,861 |
| Insurance | - | $93,016 | - | $93,016 |
| Fees for Service Investment Mgmnt Fees | - | $84,871 | - | $84,871 |
| Pension Plan Contributions | - | $72,290 | - | $72,290 |
| Information Technology | - | $57,959 | - | $57,959 |
| Fees for Services Other | - | $36,475 | - | $36,475 |
| Fees for Services Accounting | - | $30,650 | - | $30,650 |
| Advertising | - | $26,053 | - | $26,053 |
| Office Expenses | - | $20,314 | - | $20,314 |
| Travel | - | $13,006 | - | $13,006 |
| Fees for Services Legal | - | $12,065 | - | $12,065 |
| Other Expenses | $1,137,119 | $9,207 | - | $9,207 |
| All Other Expenses | - | $8,843 | - | $8,843 |
| Total Functional Expenses | $2,355,745 | $3,597,796 | $0 | $5,953,541 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $5,953,541 |
| Expenses per Audited Statements | $5,868,670 |
| Total Expenses per Audited Statements | $5,868,670 |
| Expenses Not Reported on Financial Statements | $84,871 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $7,326,201 |
“The form 990 is reviewed by management and the board of directors prior to filing.”
“The conflict of interest policy covers all employees, board of directors and committee members, and the policy is signed in affirmation of receipt and understanding on an annual basis. It is the duty of each individual to bring any actual or potential conflicts of interest to the attention of the board. The interested party is precluded from voting on the matter, and business arrangements to avoid inurement and impermissible private benefits.”
“The governing documents, conflict of interest policy, and financial statements are available upon request via phone. A copy will be mailed to the requestor.”
“The american foundation for biological research (the foundation) is a non- profit organization incorporated in the state of illinois on march 16, 1948. The biomedical research institute was recognized as a trade name for the foundation in the state of maryland in march 1994. The foundation was established with a major emphasis on cryobiology and tropical disease research. Schistosomiasis, a major focus at the foundation for more than 30 years, is a tropical disease that affects hundreds of millions of people in sub-saharan africa, portions of south america and parts of rural asia. In addition to basic schistosomiasis research, the foundation provides life cycle stages of schistosoma parasites to domestic and international laboratories, principally through contracts with the national institutes of health. The foundation maintains the following two major program services: biorepository facilities - the foundation houses a cold storage biospecimen repository which supports research in acquired immunodeficiency syndrome (aids) and other clinically important diseases. Schistosomiasis resource center - parasite reagent production and distribution as well as education and training are focused on the major tropical disease of schistosomiasis. The foundation provides life stages of schistosoma parasites to scientists in the domestic and international research community.”
“The foundation follows the authoritative guidance relating to accounting for uncertainty in income taxes included in asc topic income taxes. These provisions provide consistent guidance for the accounting uncertainty in income taxes recognized in an entitys financial statements and prescribe a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The foundation performed an evaluation of uncertain tax positions for the years ended december 31, 2024 and 2023, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status.”
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/Desc | 0 | THE FOUNDATION MAINTAINS THE FOLLOWING TWO MAJOR PROGRAM SERVICES: BIOREPOSITORY FACILITIES - THE FOUNDATION HOUSES A COLD STORAGE BIOSPECIMEN REPOSITORY WHICH SUPPORTS RESEARCH IN ACQUIRED IMMUNODEFICIENCY SYNDROME (AIDS) AND OTHER CLINICALLY IMPORTANT DISEASES. SCHISTOSOMIASIS RESOURCE CENTER - PARASITE REAGENT PRODUCTION AND DISTRIBUTION AS WELL AS EDUCATION AND TRAINING ARE FOCUSED ON THE MAJOR TROPICAL DISEASE OF SCHISTOSOMIASIS. THE FOUNDATION PROVIDES LIFE STAGES OF SCHISTOSOMA PARASITES TO SCIENTISTS IN THE DOMESTIC AND INTERNATIONAL RESEARCH COMMUNITY. |
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| IRS990/MissionDesc | 0 | THE AMERICAN FOUNDATION FOR BIOLOGICAL RESEARCH (THE FOUNDATION) IS A NON- PROFIT ORGANIZATION INCORPORATED IN THE STATE OF ILLINOIS ON MARCH 16, 1948. THE BIOMEDICAL RESEARCH INSTITUTE WAS RECOGNIZED AS A TRADE NAME FOR THE FOUNDATION IN THE STATE OF MARYLAND IN MARCH 1994. THE FOUNDATION WAS ESTABLISHED WITH A MAJOR EMPHASIS ON CRYOBIOLOGY AND TROPICAL DISEASE RESEARCH. SCHISTOSOMIASIS, A MAJOR FOCUS AT THE FOUNDATION FOR MORE THAN 30 YEARS, IS A TROPICAL DISEASE THAT AFFECTS HUNDREDS OF MILLIONS OF PEOPLE IN SUB-SAHARAN AFRICA, PORTIONS OF SOUTH AMERICA AND PARTS OF RURAL ASIA. IN ADDITION TO BASIC SCHISTOSOMIASIS RESEARCH, THE FOUNDATION PROVIDES LIFE CYCLE STAGES OF SCHISTOSOMA PARASITES TO DOMESTIC AND INTERNATIONAL LABORATORIES, PRINCIPALLY THROUGH CONTRACTS WITH THE NATIONAL INSTITUTES OF HEALTH. THE FOUNDATION MAINTAINS THE FOLLOWING TWO MAJOR PROGRAM SERVICES: BIOREPOSITORY FACILITIES - THE FOUNDATION HOUSES A COLD STORAGE BIOSPECIMEN REPOSITORY WHICH SUPPORTS RESEARCH IN ACQ |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ASC TOPIC INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITYS FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE AMERICAN FOUNDATION FOR BIOLOGICAL RESEARCH (THE FOUNDATION) IS A NON- PROFIT ORGANIZATION INCORPORATED IN THE STATE OF ILLINOIS ON MARCH 16, 1948. THE BIOMEDICAL RESEARCH INSTITUTE WAS RECOGNIZED AS A TRADE NAME FOR THE FOUNDATION IN THE STATE OF MARYLAND IN MARCH 1994. THE FOUNDATION WAS ESTABLISHED WITH A MAJOR EMPHASIS ON CRYOBIOLOGY AND TROPICAL DISEASE RESEARCH. SCHISTOSOMIASIS, A MAJOR FOCUS AT THE FOUNDATION FOR MORE THAN 30 YEARS, IS A TROPICAL DISEASE THAT AFFECTS HUNDREDS OF MILLIONS OF PEOPLE IN SUB-SAHARAN AFRICA, PORTIONS OF SOUTH AMERICA AND PARTS OF RURAL ASIA. IN ADDITION TO BASIC SCHISTOSOMIASIS RESEARCH, THE FOUNDATION PROVIDES LIFE CYCLE STAGES OF SCHISTOSOMA PARASITES TO DOMESTIC AND INTERNATIONAL LABORATORIES, PRINCIPALLY THROUGH CONTRACTS WITH THE NATIONAL INSTITUTES OF HEALTH. THE FOUNDATION MAINTAINS THE FOLLOWING TWO MAJOR PROGRAM SERVICES: BIOREPOSITORY FACILITIES - THE FOUNDATION HOUSES A COLD STORAGE BIOSPECIMEN REPOSITORY WHICH SUPPORTS RESEARCH IN ACQUIRED IMMUNODEFICIENCY SYNDROME (AIDS) AND OTHER CLINICALLY IMPORTANT DISEASES. SCHISTOSOMIASIS RESOURCE CENTER - PARASITE REAGENT PRODUCTION AND DISTRIBUTION AS WELL AS EDUCATION AND TRAINING ARE FOCUSED ON THE MAJOR TROPICAL DISEASE OF SCHISTOSOMIASIS. THE FOUNDATION PROVIDES LIFE STAGES OF SCHISTOSOMA PARASITES TO SCIENTISTS IN THE DOMESTIC AND INTERNATIONAL RESEARCH COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES, BOARD OF DIRECTORS AND COMMITTEE MEMBERS, AND THE POLICY IS SIGNED IN AFFIRMATION OF RECEIPT AND UNDERSTANDING ON AN ANNUAL BASIS. IT IS THE DUTY OF EACH INDIVIDUAL TO BRING ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE ATTENTION OF THE BOARD. THE INTERESTED PARTY IS PRECLUDED FROM VOTING ON THE MATTER, AND BUSINESS ARRANGEMENTS TO AVOID INUREMENT AND IMPERMISSIBLE PRIVATE BENEFITS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST VIA PHONE. A COPY WILL BE MAILED TO THE REQUESTOR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
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