Civic Intelligence

Applied Biomedical Science Institute

990 • Fiscal year 2023 • EIN 82-5056708

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

Organization ProfileWWW.ABSINSTITUTE.ORG
11011 Via Frontera Suite DSan Diego, CA 92127

(858) 346-6300

Siviq Scores

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

Liabilities / Assets

90th percentile

0.76x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.52x

Higher debt load relative to revenue than 81% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

38th percentile

-0.5%

Higher net margin than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

91st percentile

$213,138

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

27th percentile

-2.7%

Faster asset growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

17%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$2,783,859

Down $77,241 (-2.7%) from 2022

Net Assets

Up

$672,891

Up $10,765 (+1.6%) from 2022

Liabilities

Down

$2,110,968

Down $88,006 (-4.0%) from 2022

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin38th percentile

Revenue

Up

$4,081,942

Up $601,898 (+17%) from 2022

Expenses

Up

$4,101,586

Up $605,026 (+17%) from 2022

Net Income

Down

-$19,644

Down $3,128 (-19%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$3.0M$2.0M$1.0M$0Assets 2018: $289,315Liabilities 2018: $6,478Net Assets 2018: $282,8372018Assets 2019: $531,581Liabilities 2019: $268,265Net Assets 2019: $263,3162019Assets 2020: $871,362Liabilities 2020: $264,681Net Assets 2020: $606,6812020Assets 2021: $1,308,035Liabilities 2021: $528,538Net Assets 2021: $779,4972021Assets 2022: $2,861,100Liabilities 2022: $2,198,974Net Assets 2022: $662,1262022Assets 2023: $2,783,859Liabilities 2023: $2,110,968Net Assets 2023: $672,8912023Assets 2024: $2,583,136Liabilities 2024: $1,637,229Net Assets 2024: $945,9072024

Highlighted filing

2023

Assets$2,783,859
Liabilities$2,110,968
Net Assets$672,891
Open 2023 Filing

Operations Trend

Revenue Growth64th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2018: $422,367Expenses 2018: $139,530Net Income 2018: $282,8372018Revenue 2019: $808,396Expenses 2019: $821,276Net Income 2019: -$12,8802019Revenue 2020: $1,425,569Expenses 2020: $1,101,932Net Income 2020: $323,6372020Revenue 2021: $2,682,413Expenses 2021: $2,578,837Net Income 2021: $103,5762021Revenue 2022: $3,480,044Expenses 2022: $3,496,560Net Income 2022: -$16,5162022Revenue 2023: $4,081,942Expenses 2023: $4,101,586Net Income 2023: -$19,6442023Revenue 2024: $4,539,463Expenses 2024: $4,281,826Net Income 2024: $257,6372024

Highlighted filing

2023

Revenue$4,081,942
Expenses$4,101,586
Net Income-$19,644
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.1
Gross Receipts
$4,125,456
Mission and Program Overview

Mission

To promote and perform basic and biomedical research to advance the understanding and treatment of underserved medical conditions.

Perform cutting edge basic and translational research enabling medical innovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$568,515$854,676▲ $286,161
Land, Buildings, and Equipment, Net$855,890$692,537▼ $163,353
Investments in Publicly Traded Securities$237,660$270,791▲ $33,131
Pledges and Grants Receivable$127,852$137,002▲ $9,150
Loans From Officers Directors$193,841$113,900▼ $79,941
Investments Program Related-$100,000-
Cash and Non-Interest-Bearing Accounts$177,389$67,021▼ $110,368
Prepaid Expenses and Deferred Charges-$36,877-
Savings and Temporary Cash Investments$1,771$2,058▲ $287
Total Assets$2,861,100$2,783,859▼ $77,241
Other Assets Total$892,023$622,897▼ $269,126
Liabilities
Accounts Payable and Accrued Expenses$307,949$771,114▲ $463,165
Other Liabilities$753,306$617,400▼ $135,906
Unsecured Notes Loans Payable$556,378$391,250▼ $165,128
Deferred Revenue$387,500$217,304▼ $170,196
Total Liabilities$2,198,974$2,110,968▼ $88,006
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$662,126$672,891▲ $10,765
Total Net Assets Fund Balance$662,126$672,891▲ $10,765
Total Liabilities and Net Assets / Fund Balance$2,861,100$2,783,859▼ $77,241

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$670,630$577,220$1,247,850
Leasehold Improvements$21,907$28,366$50,273
Other Assets Org$622,897--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laurent VerkoczyProfessorFT$211,938$1,200$213,138
Duncan McgregorVice President, DiscoveryFT$174,432$7,710$182,142
Marilyn DiazAssociate ProfessorFT$154,641$20,319$174,960
Vaughn SmiderPresidentFT$135,332$15,205$150,537
Charles MelanconDirector of Chemical BiologyFT$108,676$19,319$127,995
Peter SloverChief Finanical OfficerPT$35,175-$35,175

Board Members and Trustees

NameTitle
David RabukaBoard Member
James LarrickBoard Member
Ronald MartellBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,259,895
Program Service Revenue
$1,816,367
Investment Income
$5,536
Other Revenue
$144
All Other Contributions
$2,738
Change in Net Assets
$-19,644

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,081,942
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$30,409
Total Revenue per Audited Statements
$4,112,351
Total Revenue per Form 990
$4,081,942
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,094,799
Salaries, Compensation, and Employee Benefits$2,006,787
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$868,781$142,885-$1,011,666
Current Officers, Directors, Trustees, and Key Employees$512,957$242,996-$755,953
Occupancy$354,455$64,654-$419,109
Depreciation Depletion$234,572--$234,572
Payroll Taxes$100,449$24,582-$125,031
Fees for Services Other$46,357$71,864-$118,221
Other Employee Benefits$95,639$18,498-$114,137
Fees for Services Accounting-$113,465-$113,465
Fees for Services Legal-$100,706-$100,706
Interest-$47,572-$47,572
Office Expenses$3,041$38,036-$41,077
Other Expenses$23,215$67,647-$23,215
Insurance$11,574$3,146-$14,720
Conferences and Meetings-$13,708-$13,708
Total Functional Expenses$3,151,827$949,759$0$4,101,586

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,101,586
Total Expenses per Audited Statements$4,101,586
Total Expenses per Form 990$4,101,586
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-21%/EACH OWNED BY BOARD PRESIDENT AND VPRevenue Under Services AgreementNo$597,478
-65% OWNED BY BOARD PRESIDENTRevenue Under Services AgreementNo$417,841
-65% OWNED BY BOARD PRESIDENTDeferred RevenueNo$104,804
-65% OWNED BY BOARD PRESIDENTEquity InvestmentNo$100,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$193,841$113,900▼ $79,941
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liability$617,400
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
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Chief financial officer duties have been delegated to peter slover, independent contractor.”

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is provided to all board members prior to filing.”

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

“Board members are required to sign the annual conflict of interest disclosure form. If the disclosure form reveals a significant financial interest, it will be reviewed promptly by the institutional official or designee for a determination of whether it constitutes a financial conflict of interest. If a financial conflict of interest exists, the institutional official will take action to manage the financial conflict of interest including the reduction or elimination of the conflict, as appropriate. The institutional official may consult the president, board of directors, or an independent consultant for guidance in specific cases, or in the application of the policy to particular situations.”

Form 990, Part VI, Section B, Line 15

“Compensation is based on nih (national institutes of health) funded salaries for a full professor. The president's salary is well below the nih maximum ($212,100), and industry average.”

Form 990, Part VI, Section C, Line 19

“Many of the organization's policies, including the conflict of interest policy, are available on the organization's website. Organization provides governing documents and financial statements to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Applied Biomedical Science Institute
EIN
82-5056708
Phone
8583466300
Address
11011 VIA FRONTERA SUITE D, SAN DIEGO, CA 92127

Signing Officer

Name
Vaughn Smider
Title
President
Phone
8583466300
Signed
2024-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vaughn Smider
Formed
2018
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
21
Volunteers
3

Preparer

Firm
Armanino Advisory LLC
Address
2700 CAMINO RAMON STE 350, SAN RAMON, CA 94583-5004
Preparer
Katy Brown
Phone
9257902600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Abs institute is exempt from income taxes under section 501(c)(3) of the internal revenue code and section 23701(d) of the california revenue and taxation code. Abs institute, however, may be subject to tax on income which is not related to its exempt purpose. For the year ended december 31, 2023, no such unrelated business taxable income was reported and, therefore, no provision for income taxes has been made. Abs institute follows u.s. Gaap related to the recognition of uncertain tax positions. Abs institute recognizes accrued interest and penalties associated with uncertain tax positions as part of the statement of activities when applicable. Management has determined that abs institute has no uncertain tax positions at december 31, 2023 and therefore no amounts have been accrued.”

Raw XML AppendixShowing 400 of 563 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0307949
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0771114
IRS990/AccountsReceivableGrp/BOYAmt0568515
IRS990/AccountsReceivableGrp/EOYAmt0854676
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PERFORM CUTTING EDGE BASIC AND TRANSLATIONAL RESEARCH ENABLING MEDICAL INNOVATION.
IRS990/AllOtherContributionsAmt02738
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0VAUGHN SMIDER
IRS990/BooksInCareOfDetail/PhoneNum08583466300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011011 VIA FRONTERA SUITE D
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN DIEGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092127
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0177389
IRS990/CashNonInterestBearingGrp/EOYAmt067021
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0242996
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0512957
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0755953
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt013708
IRS990/ConferencesMeetingsGrp/TotalAmt013708
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02259895
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05536
IRS990/CYOtherExpensesAmt02094799
IRS990/CYOtherRevenueAmt0144
IRS990/CYProgramServiceRevenueAmt01816367
IRS990/CYRevenuesLessExpensesAmt0-19644
IRS990/CYSalariesCompEmpBnftPaidAmt02006787
IRS990/CYTotalExpensesAmt04101586
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04081942
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0387500
IRS990/DeferredRevenueGrp/EOYAmt0217304
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0234572
IRS990/DepreciationDepletionGrp/TotalAmt0234572
IRS990/Desc0THE APPLIED BIOMEDICAL SCIENCE INSTITUTE (AKA ABS INSTITUTE) IS FORMED TO PROMOTE AND PERFORM BIOMEDICAL RESEARCH INVOLVING BIOLOGICAL MECHANISMS OF DISEASE PATHOGENESIS AND RESOLUTION. THE INSTITUTE WILL PERFORM BASIC AND TRANSLATIONAL BIOMEDICAL RESEARCH, INCLUDING MOLECULAR, GENETIC, CELLULAR, AND PHYSIOLOGICAL STUDIES, AND PUBLISH ITS RESULTS IN PUBLICLY ACCESSIBLE PEER REVIEWED PUBLICATIONS, AS WELL AS PRESENTATIONS AT NATIONAL AND INTERNATIONAL SCIENTIFIC MEETINGS AND CONFERENCES. THE INSTITUTE PROMOTES THERAPEUTIC TRANSLATION THROUGH INTERNAL RESEARCH, COLLABORATIONS, OR LICENSING ACTIVITIES OF ITS RESEARCH FINDINGS OR INTELLECTUAL PROPERTY. THE INSTITUTE TRAINS EARLY STAGE RESEARCHERS IN BIOMEDICAL RESEARCH THROUGH POST-DOCTORAL FELLOW AND INTERNSHIP PROGRAMS. A PART OF THE INSTITUTE'S ACTIVITIES WILL BE TO PROMOTE EDUCATION AND PROVIDE RESOURCES THROUGH ITS WEBSITE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt021
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03151827
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0113465
IRS990/FeesForServicesAccountingGrp/TotalAmt0113465
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0100706
IRS990/FeesForServicesLegalGrp/TotalAmt0100706
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt071864
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt046357
IRS990/FeesForServicesOtherGrp/TotalAmt0118221
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt014005
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt519319
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt66710
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt819319
IRS990/Form990PartVIISectionAGrp/PersonNm0VAUGHN SMIDER
IRS990/Form990PartVIISectionAGrp/PersonNm1RONALD MARTELL
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES LARRICK
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID RABUKA
IRS990/Form990PartVIISectionAGrp/PersonNm4PETER SLOVER
IRS990/Form990PartVIISectionAGrp/PersonNm5MARILYN DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm6DUNCAN MCGREGOR
IRS990/Form990PartVIISectionAGrp/PersonNm7LAURENT VERKOCZY
IRS990/Form990PartVIISectionAGrp/PersonNm8CHARLES MELANCON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0136532
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt435175
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5155641
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6175432
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7213138
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8108676
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF FINANICAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASSOCIATE PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT, DISCOVERY
IRS990/Form990PartVIISectionAGrp/TitleTxt7PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR OF CHEMICAL BIOLOGY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-2616
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt02257157
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt040898
IRS990/GrossReceiptsAmt04125456
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03146
IRS990/InsuranceGrp/ProgramServicesAmt011574
IRS990/InsuranceGrp/TotalAmt014720
IRS990/InterestGrp/ManagementAndGeneralAmt047572
IRS990/InterestGrp/TotalAmt047572
IRS990/InvestmentIncomeGrp/ExclusionAmt08152
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08152
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0100000
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0237660
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0270791
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0605586
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0855890
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0692537
IRS990/LandBldgEquipCostOrOtherBssAmt01298123
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt043514
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0193841
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0113900
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE AND PERFORM BIOMEDICAL RESEARCH TO ADVANCE THE UNDERSTANDING AND TREATMENT OF UNDERSERVED MEDICAL CONDITIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0662126
IRS990/NetAssetsOrFundBalancesEOYAmt0672891
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-2616
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2616
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt030409
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0662126
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0672891
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt064654
IRS990/OccupancyGrp/ProgramServicesAmt0354455
IRS990/OccupancyGrp/TotalAmt0419109
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038036
IRS990/OfficeExpensesGrp/ProgramServicesAmt03041
IRS990/OfficeExpensesGrp/TotalAmt041077
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0892023
IRS990/OtherAssetsTotalGrp/EOYAmt0622897
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018498
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt095639
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0114137
IRS990/OtherExpensesGrp/Desc0LAB EQUIPMENT/SUPPLIES
IRS990/OtherExpensesGrp/Desc1SCIENTIFIC SERVICES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc3DNA SEQUENCING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt067647
IRS990/OtherExpensesGrp/ProgramServicesAmt0597160
IRS990/OtherExpensesGrp/ProgramServicesAmt1303354
IRS990/OtherExpensesGrp/ProgramServicesAmt2273
IRS990/OtherExpensesGrp/ProgramServicesAmt323215
IRS990/OtherExpensesGrp/TotalAmt0597160
IRS990/OtherExpensesGrp/TotalAmt1303354
IRS990/OtherExpensesGrp/TotalAmt267920
IRS990/OtherExpensesGrp/TotalAmt323215
IRS990/OtherLiabilitiesGrp/BOYAmt0753306
IRS990/OtherLiabilitiesGrp/EOYAmt0617400
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0144
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0144
IRS990/OtherRevenueTotalAmt0144
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0142885
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0868781
IRS990/OtherSalariesAndWagesGrp/TotalAmt01011666
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024582
IRS990/PayrollTaxesGrp/ProgramServicesAmt0100449
IRS990/PayrollTaxesGrp/TotalAmt0125031
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0127852
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0137002
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036877
IRS990/PrincipalOfficerNm0VAUGHN SMIDER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01816367
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01816367
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02142884
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01168
IRS990/PYOtherExpensesAmt01786671
IRS990/PYOtherRevenueAmt08
IRS990/PYProgramServiceRevenueAmt01335984
IRS990/PYRevenuesLessExpensesAmt0-16516
IRS990/PYSalariesCompEmpBnftPaidAmt01709889
IRS990/PYTotalExpensesAmt03496560
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03480044
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-19644
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01816367
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01771
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02058
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2021 AMOUNT: $ 9,383. 2022 AMOUNT: $ 8. 2023 AMOUNT: $ 144.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02259895
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02142884
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01483112
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01321927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0772688
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07980506
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08152
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09959
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02548
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02347
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt032049
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04455301
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0144
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt09383
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09535
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87150
IRS990ScheduleA/PublicSupportTotal170Amt06991121
IRS990ScheduleA/SubstantialContributorsTotAmt0989385
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02259895
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02142884
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01483112
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01321927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0772688
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07980506
IRS990ScheduleA/TotalSupportAmt08022090
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0670630
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0577220
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01247850
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04101586
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt021907
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt028366
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt050273
IRS990ScheduleD/NetUnrealizedGainsInvstAmt030409
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0622897
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0617400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT OF USE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt030409
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04081942
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ABS INSTITUTE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. ABS INSTITUTE, HOWEVER, MAY BE SUBJECT TO TAX ON INCOME WHICH IS NOT RELATED TO ITS EXEMPT PURPOSE. FOR THE YEAR ENDED DECEMBER 31, 2023, NO SUCH UNRELATED BUSINESS TAXABLE INCOME WAS REPORTED AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. ABS INSTITUTE FOLLOWS U.S. GAAP RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. ABS INSTITUTE RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE STATEMENT OF ACTIVITIES WHEN APPLICABLE. MANAGEMENT HAS DETERMINED THAT ABS INSTITUTE HAS NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2023 AND THEREFORE NO AMOUNTS HAVE BEEN ACCRUED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0692537
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0622897
IRS990ScheduleD/TotalExpensesPerForm990Amt04101586
IRS990ScheduleD/TotalLiabilityAmt0617400
IRS990ScheduleD/TotalRevenuePerForm990Amt04081942
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04112351
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04101586
IRS990ScheduleJ/AnyNonFixedPaymentsInd01
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0211938
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1174432
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2154641
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3135332
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount01200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount11000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount21000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount31200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,783,859
Liabilities
$2,110,968
Net assets
$672,891
Revenue
$4,081,942
Expenses
$4,101,586
Net income
-$19,644
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$1.64$0.95$4.54$4.28$0.26
2023Detailed filing. Detailed filing data is available for this year.$2.78$2.11$0.67$4.08$4.10$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.86$2.20$0.66$3.48$3.50$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.53$0.78$2.68$2.58$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.26$0.61$1.43$1.10$0.32
2019Detailed filing. Detailed filing data is available for this year.$0.53$0.27$0.26$0.81$0.82$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.28$0.42$0.14$0.28