Civic Intelligence

Oxfendazole Development Group

EIN 81-1547477 • 501(c)3 • Blue Bell, PA

Profile

The Oxfendazole Development Group is a 501c3 nonprofit organization formed and operated exclusively for charitable purposes specifically for the purpose of engaging in research and development of pharmaceutical treatments to help eliminate neglected tropical diseases NTDs and to facilitate access to such treatments for individuals in need.

736 Cathcart RdBlue Bell, PA 19422-1411
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

2nd percentile

-2535%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

16th percentile

-69%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

14th percentile

-63%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$1,146,889

Down $575,020 (-33%) from 2022

Liabilities

Down

$0

Down $17,527 (-100%) from 2022

Net Assets

Down

$1,146,889

Down $557,493 (-33%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin2nd percentile

Revenue

Down

$58,517

Down $1,651,610 (-97%) from 2022

Expenses

Up

$604,664

Up $562,050 (+1319%) from 2022

Net Income

Down

-$546,147

Down $2,213,660 (-133%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2017: $9,766Liabilities 2017: $17,527Net Assets 2017: -$7,7602017Assets 2018: $4,995Liabilities 2018: $17,527Net Assets 2018: -$12,5322018Assets 2022: $1,721,909Liabilities 2022: $17,527Net Assets 2022: $1,704,3822022Assets 2023: $1,146,889Liabilities 2023: $0Net Assets 2023: $1,146,8892023

Highlighted filing

2023

Assets$1,146,889
Liabilities$0
Net Assets$1,146,889
Open 2023 Filing

Operations Trend

Revenue Growth14th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $97,653Expenses 2017: $92,121Net Income 2017: $5,5322017Revenue 2018: $9,233Expenses 2018: $14,004Net Income 2018: -$4,7712018Revenue 2022: $1,710,127Expenses 2022: $42,614Net Income 2022: $1,667,5132022Revenue 2023: $58,517Expenses 2023: $604,664Net Income 2023: -$546,1472023

Highlighted filing

2023

Revenue$58,517
Expenses$604,664
Net Income-$546,147
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$1,146,889
Liabilities
$0
Net assets
$1,146,889
Revenue
$58,517
Expenses
$604,664
Net income
-$546,147
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.15$0.00$1.15$0.06$0.60$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.02$1.70$1.71$0.04$1.67
2018Summary only. Only limited summary data is available for this year.$0.00$0.02$0.01$0.01$0.01$0.00
2017Summary only. Only limited summary data is available for this year.$0.01$0.02$0.01$0.10$0.09$0.01
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 13, 2023
Return Version
2022v5.0
Gross Receipts
$1,710,127
Mission and Program Overview

Mission

The Oxfendazole Development Group is a 501c3 nonprofit organization formed and operated exclusively for charitable purposes specifically for the purpose of engaging in research and development of pharmaceutical treatments to help eliminate neglected tropical diseases NTDs and to facilitate access to such treatments for individuals in need.

Research and development of pharmaceutical treatments to help eliminate neglected tropical diseases especially oxfendazole through nonclinical work and the conduct of clinical studies

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$54,396$1,710,562▲ $1,656,166
Loans From Officers Directors$17,527$17,527→ $0
Accounts Receivable$0$11,347▲ $11,347
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$54,396$1,721,909▲ $1,667,513
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$17,527$17,527→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$1,600,000▲ $1,600,000
Net Assets Without Donor Restrictions$36,869$104,382▲ $67,513
Total Net Assets Fund Balance$36,869$1,704,382▲ $1,667,513
Total Liabilities and Net Assets / Fund Balance$54,396$1,721,909▲ $1,667,513
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Hector Hugo GarciaPresident Board Member
Armando GonzalezBoard member
Robert H GIlmanBoard Member
R John HortonSecretary Board Member
Ellen CoddTreasurer Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,703,016
Program Service Revenue
$0
Investment Income
$7,108
Other Revenue
$3
All Other Contributions
$1,703,016
Change in Net Assets
$1,667,513

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,710,127
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$213,250
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,923,377
Total Revenue per Form 990
$1,710,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,614
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$0$1,238$0$1,238
Office Expenses$0$521$0$521
Total Functional Expenses$40,855$1,759$0$42,614

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$255,864
Expenses Not Reported on Form 990$213,250
Expenses per Audited Statements$42,614
Total Expenses per Form 990$42,614
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$17,527$17,527→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

“Board members regularly review and approve monthly and annual financial reports. The draft Form 990 is made available to Board members and their comments solicited by email prior to its filing.”

Part VI, Line 12C

“The Board members annually review and sign the Conflict of Interest Policy and update any conflicts that have arisen. Further if a conflict arises at any time during the year the Board member brings this to the attention of the entire Board and the appropriate action e.g. recusal of that Board Member from certain discussions or withdrawal from holding an office ensues.”

Part VI, Line 19

“We believe that the public deserves full transparency of a publicly supported charity. our governing documents are available on our web site. further our web site states that our conflict of interest policy which includes an annual written review of the potential conflicts of interest of each Board member has been certified as compliant with Federal Public Health Service regulations and contains a link to their site stating the same: http: thefdp.org default fcoi-clearinghouse compliant-entities institutional-certification-detail ?id=3144 Our 990 fiings are available as part of our GuideStar profile and interested parties can request further information via the "contact" tab on our web site: https: oxfendazoledevelopmentgroup.org contact-2”

Filing and Contact Details

Filer

Filer Name
Oxfendazole Development Group
EIN
81-1547477
In Care Of
% Hector Hugo Garcia
Phone
4845573831
Address
736 CATHCART RD, BLUE BELL, PA 19422-1411

Signing Officer

Name
Ellen Codd
Title
Treasurer
Signed
2023-05-13
Discuss with paid preparer
No

Organization Details

Formed
2016
Legal Domicile
Pa
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
4
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IRS990/Form990PartVIISectionAGrp/PersonNm1R John Horton
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IRS990/MissionDesc0The Oxfendazole Development Group is a 501c3 nonprofit organization formed and operated exclusively for charitable purposes specifically for the purpose of engaging in research and development of pharmaceutical treatments to help eliminate neglected tropical diseases NTDs and to facilitate access to such treatments for individuals in need.
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Hector Hugo Garcia
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