Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
EIN 46-3481092 • 501(c)3 • San Diego, CA
Profile
The SDBRI mission is to find new ways to predict and prevent cancer, diabetes, autoimmune disease, neurological disorders and HIV infection, and to accelerate medical advances that maintain health and improve quality of life.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 3.4% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Assets
Down$15,654,130
Down $1,895,341 (-11%) from 2023
Liabilities
Down$18,489,781
Down $1,285,210 (-6.5%) from 2023
Net Assets
Down-$2,835,651
Down $610,131 (-27%) from 2023
Revenue
Up$7,629,808
Up $1,400,459 (+22%) from 2023
Expenses
Up$8,239,939
Up $845,932 (+11%) from 2023
Net Income
Up-$610,131
Up $554,527 (+48%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The SDBRI mission is to find new ways to predict and prevent cancer, diabetes, autoimmune disease, neurological disorders and HIV infection, and to accelerate medical advances that maintain health and improve quality of life.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $1,111,958 | $883,731 | ▼ $228,227 |
| Loans From Officers Directors | $200,000 | $240,000 | ▲ $40,000 |
| Land, Buildings, and Equipment, Net | $308,160 | $219,823 | ▼ $88,337 |
| Cash and Non-Interest-Bearing Accounts | $49,152 | $171,547 | ▲ $122,395 |
| Prepaid Expenses and Deferred Charges | $18,448 | $15,066 | ▼ $3,382 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $17,549,471 | $15,654,130 | ▼ $1,895,341 |
| Other Assets Total | $16,061,753 | $14,363,963 | ▼ $1,697,790 |
| Liabilities | |||
| Other Liabilities | $17,737,664 | $16,141,208 | ▼ $1,596,456 |
| Accounts Payable and Accrued Expenses | $1,052,551 | $1,043,732 | ▼ $8,819 |
| Deferred Revenue | $334,453 | $707,066 | ▲ $372,613 |
| Mortgage Notes Payable Secured by Investment Property | $300,323 | $229,216 | ▼ $71,107 |
| Unsecured Notes Loans Payable | $150,000 | $128,559 | ▼ $21,441 |
| Total Liabilities | $19,774,991 | $18,489,781 | ▼ $1,285,210 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-2,225,520 | $-2,835,651 | ▼ $610,131 |
| Total Net Assets Fund Balance | $-2,225,520 | $-2,835,651 | ▼ $610,131 |
| Total Liabilities and Net Assets / Fund Balance | $17,549,471 | $15,654,130 | ▼ $1,895,341 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $219,823 | $461,785 | $681,608 |
| Other Assets Org | $14,217,943 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Joanna Davies | President & CEO | FT | $215,768 | $41,054 | $256,822 |
| David Gilbert | Professor | FT | $202,098 | $31,067 | $244,165 |
| James Binley | Professor | FT | $196,495 | $46,768 | $243,263 |
| Bruno Conti | Rofessor | FT | $181,000 | $22,009 | $192,009 |
| Roberto Baccala | Assoc Professor | FT | $148,875 | $33,906 | $182,781 |
| David Milner | Professor | FT | $118,211 | $38,821 | $157,032 |
| Takanori Otomo Phd | Assoc Professor | FT | $112,795 | $26,228 | $139,023 |
| Christine Auciello | Accting Mgr | FT | $91,638 | $25,560 | $117,198 |
| Takayo Sasaki | Sr Staff Scientist | FT | $92,398 | $18,760 | $111,158 |
| Name | Title |
|---|---|
| Jake Sutton | Director |
| Mark Hargreaves | Director |
| Richard Woltman | Director |
| Scot Ginsburg | Director |
| Sheila Ferguson | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $5,027,554 |
| Salaries, Compensation, and Employee Benefits | $3,212,385 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $2,851,555 | $149,935 | - | $3,001,490 |
| Other Salaries and Wages | $1,564,214 | $23,590 | - | $1,587,804 |
| Current Officers, Directors, Trustees, and Key Employees | $902,080 | $41,258 | - | $943,338 |
| Other Employee Benefits | $315,781 | $3,843 | - | $319,624 |
| Fees for Services Other | $198,896 | $8,370 | - | $207,266 |
| Payroll Taxes | $176,599 | $4,643 | - | $181,242 |
| Pension Plan Contributions | $175,756 | $4,621 | - | $180,377 |
| Depreciation Depletion | $165,332 | $8,702 | - | $174,034 |
| Information Technology | $82,904 | $5,060 | - | $87,964 |
| Other Expenses | $50,199 | $2,605 | - | $52,804 |
| Travel | $44,463 | $2,360 | - | $46,823 |
| Office Expenses | $44,725 | $1,495 | - | $46,220 |
| Fees for Services Accounting | $1,361 | $30,571 | - | $31,932 |
| Insurance | $29,720 | $1,564 | - | $31,284 |
| Fees for Services Legal | $18,589 | $12,111 | - | $30,700 |
| All Other Expenses | $14,850 | $670 | - | $15,520 |
| Fees for Services Management | - | $11,985 | - | $11,985 |
| Total Functional Expenses | $7,857,666 | $382,273 | $0 | $8,239,939 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $8,239,939 |
| Total Expenses per Audited Statements | $8,239,939 |
| Total Expenses per Form 990 | $8,239,939 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Indirect - Pres | Reimbursement of expenses | No | $374,173 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $200,000 | $240,000 | ▲ $40,000 |
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $15,717,378 |
| Due to Affiliate | $369,673 |
| Finance lease liability | $54,157 |
“Form 990, its accompanying schedules and statements, and its corresponding stateinformation return are reviewed by the Board of Directors in advance of filing.Trustees have ample opportunity to ask questions and confirm their understanding andacceptance of the returns.”
“All decisions made by the Board of Directors are reviewed and assessed vis-a-vis theorganization's conflict of interest policy to determine any potential and/or actualconfilcts of interest. Interested trustees recuse themselves from discussion andvoting on any matter where a conflict of interest is determined to exist.”
“The process for determining the compensation of the CEO includes review andapproval by the Board of Directors, review of comparability data, andcontemporaneous substantiation. The Board of Directors' decision, inthis regard, is documented in the board minutes.”
“The process for determining the compensation of other officers and key employees includs review and approval by the Board of Directors, review of comparability data, and contemporaneous substantiation. The Board of Directors' decision, inthis regard, is documented in meeting minutes.”
“The institute makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.”
“OTHER PROGRAM SERVICES 4: Multiple Sclerosis:Multiple Sclerosis is a debilitating autoimmune disease in which immune cells travel to the brain and spinal cord and destroy the protective coating that surrounds nerve fibers. Without the protective coating nerves are unable to send messages to different parts of the body and this causes an array of disorders including numbness in hands and feet, muscle weakness, fatigue, and blurred vision. It is estimated that there are 2.3 million people with MS worldwide. The goal of our cutting-edge research at SDBRI is to identify ways to manipulate and strengthen blood vessels so that the cells that cause multiple sclerosis (MS) are unable to enter the brain. In particular we seek to understand how the integrity of blood vessels in the brain is regulated by: (i) proteins of the extracellular matrix (ECM) that surround cells, and (ii) environmental stimuli such as mild hypoxia. By understanding these mechanisms, we can design new therapeutic approaches aimed at increasing blood supply and reducing vascular leak, thereby making blood vessels better equipped to protect against neurological damage. A Staff Scientist from Bangladesh and a Postdoctoral Fellow from Nepal received salary & benefits while being trained at SDBRI in cellular, molecular and biochemical techniques to learn how blood vessels can be strengthened and repaired and how we can use that information to stop and reverse MS. OTHER PROGRAM SERVICES 5: SYSTEMATIC LUPUS ERYTHEMATOSUS (SLE):SLE is caused by the immune system as it attacks the bodys tissue. Although there is a clear genetic predisposition to SLE, environmental factors also contribute to disease development. Ongoing work at SDBRI is focused on how genetic factors combine with virus infection and silica inhalation to cause SLE. It is hoped that understanding how the combination of these elements contribute to the development of SLE will provide information that can be used to develop therapies that block these interactions and the resulting disease. OTHER PROGRAM SERVICES 6: Parkinsons Disease:Parkinsons disease (PD) is a neurodegenerative disorder that affects approximately 1% of the population over the age of 60. In the U.S. alone about 50,000 new cases are reported annually. It is believed that PD is caused by a combination of environmental and genetic factors. Scientists at SDBRI are working on the idea that allergic reactions represent an important environmental component in making people more susceptible to the development of PD. If this is true, components of the allergic response might be used as novel therapeutic targets to prevent PD or reduce its progression.”
“The Institute believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”
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 | Cancer:A major question in cancer treatment remains, why do some people respond to treatment and others dont. Finding new ways to detect and treat cancer could potentially lead to cures that are currently unavailable to a majority of patients. At SDBRI scientists are developing a new technology to identify previously unidentifiable cancer-specific targets that might be used to design novel cancer fighting drugs. A Postdoctoral Fellow from India received salary and benefits while being trained at SDBRI in a variety of cellular immunology and sterile techniques to better understand techniques to help diagnose and treat cancer.DNA replication and disease DNA replicates in a highly organized way in healthy cells. However, in unhealthy cells, DNA replication is mis-regulated. SDBRI scientists are working to understand how DNA replication is mis-regulated in human disease in the hopes of finding new therapeutic approaches to preventing and reversing diseases such as cancer.Cells in our bodies eat internal parts of themselves to maintain their own health. This process, known as autophagy (spokeno-to-foh-jee), is essential for removing toxic material that causes diseases such as neurodegeneration and cancer. In autophagy, components inside cells are placed in a trash bag called the autophagosome which looks like a balloon. The autophagosome then fuses with the cells incinerator to decompose the transported toxic material. Scientists at SDBRI are working to understand how these complicated events are controlled in the hopes that interventions in these pathways might lead to novel treatments for disease. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | HIV/AIDS: The World Health Organization recently estimated that 36.7 million people live with HIV/AIDS worldwide with 1 million HIV-related deaths every year. New infections are estimated at an alarming 1.8 million worldwide. Developing a successful HIV vaccine is a major global health initiative. Research at SDBRI is focused on introducing novel designs to create an HIV vaccine that more people respond to. The SDBRI strategy of using HIV virus-like particles (VLPs) as a vaccine platform is showing great promise. In addition, over the past year SDBRI scientists have designed ways to identify factors that help the immune system to respond to HIV vaccines. This is very important because it might allow us to enhance the vaccine making it work in more people. SDBRI continues to participate in a multi-organization HIV vaccine research program. Our investigators work with scientists across the U.S. and in several foreign countries, including The Netherlands and Malaysia. A Staff Scientist from Malaysia received salary & benefits while being trained at SDBRI in a variety of cellular, molecular and biochemical techniques to better understand the human response to vaccines. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Multiple Sclerosis:Multiple Sclerosis is a debilitating autoimmune disease in which immune cells travel to the brain and spinal cord and destroy the protective coating that surrounds nerve fibers. Without the protective coating nerves are unable to send messages to different parts of the body and this causes an array of disorders including numbness in hands and feet, muscle weakness, fatigue, and blurred vision. It is estimated that there are 2.3 million people with MS worldwide. The goal of our cutting-edge research at SDBRI is to identify ways to manipulate and strengthen blood vessels so that the cells that cause multiple sclerosis (MS) are unable to enter the brain. In particular we seek to understand how the integrity of blood vessels in the brain is regulated by: (i) proteins of the extracellular matrix (ECM) that surround cells, and (ii) environmental stimuli such as mild hypoxia. By understanding these mechanisms, we can design new therapeutic approaches aimed at increasing blood supply and reducing vascular leak, thereby making blood vessels better equipped to protect against neurological damage. A Staff Scientist from Bangladesh and a Postdoctoral Fellow from Nepal received salary & benefits while being trained at SDBRI in cellular, molecular and biochemical techniques to learn how blood vessels can be strengthened and repaired and how we can use that information to stop and reverse MS. |
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