Civic Intelligence

Scientists Advancing Affordable Medicines Inc

990EZ • Fiscal year 2018 • EIN 82-5103616

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

85 Park Street Suite 220Montclair, NJ 07042

(973) 744-0160

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

53rd percentile

0.00x

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

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Net Margin

93rd percentile

41%

Higher net margin than 93% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$55,773

No earlier filing loaded for comparison.

Net Assets

$55,773

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$136,680

No earlier filing loaded for comparison.

Expenses

$80,907

No earlier filing loaded for comparison.

Net Income

$55,773

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2018: $55,773Liabilities 2018: $0Net Assets 2018: $55,7732018Assets 2019: $39,518Liabilities 2019: $0Net Assets 2019: $39,5182019Assets 2020: $51,126Liabilities 2020: $0Net Assets 2020: $51,1262020Assets 2021: $50,748Liabilities 2021: $0Net Assets 2021: $50,7482021Assets 2022: $29,889Liabilities 2022: $0Net Assets 2022: $29,8892022Assets 2023: $30,601Liabilities 2023: $0Net Assets 2023: $30,6012023Assets 2024: $20,961Liabilities 2024: $0Net Assets 2024: $20,9612024

Highlighted filing

2018

Assets$55,773
Liabilities$0
Net Assets$55,773

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2018: $136,680Expenses 2018: $80,907Net Income 2018: $55,7732018Revenue 2019: $154,850Expenses 2019: $171,105Net Income 2019: -$16,2552019Revenue 2020: $34,841Expenses 2020: $23,233Net Income 2020: $11,6082020Revenue 2021: $15,216Expenses 2021: $15,594Net Income 2021: -$3782021Revenue 2022: $8,475Expenses 2022: $29,334Net Income 2022: -$20,8592022Revenue 2023: $18,100Expenses 2023: $17,388Net Income 2023: $7122023Revenue 2024: $9,300Expenses 2024: $18,940Net Income 2024: -$9,6402024

Highlighted filing

2018

Revenue$136,680
Expenses$80,907
Net Income$55,773
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$136,680
Mission and Program Overview

Mission

Scientists advancing affordable medicines, inc. (operating under the saamnow tradename) is a 501(c)(6) nonprofit trade organization that seeks to provide a dedicated platform for scientists to share cutting-edge research that facilitates the development of high-quality, affordable medicines, thereby improving their accessibility to patients. The organization will accomplish this by soliciting input from a broad group of pharmaceutical stakeholders including, but not limited to those involved in manufacturing, packaging, testing, research & development, supplying material and equipment, providing services, academia, regulatory science, and government agencies such as the fda and ema.

Scientists advancing affordable medicines, inc. (operating under the saamnow tradename) is a 501(c)(6) nonprofit trade organization that seeks to provide a dedicated platform for scientists to share cutting-edge research that facilitates the development of high-quality, affordable medicines, thereby improving their accessibility to patients. The organization will accomplish this by soliciting input from a broad group of pharmaceutical stakeholders including, but not limited to those involved in manufacturing, packaging, testing, research & development, supplying material and equipment, providing services, academia, regulatory science, and government agencies such as fda and ema.

Program Services

DescriptionGrantsExpenses
ANNUAL WORKSHOP THAT WILL BE OF INTEREST TO, AND ATTENDED BY, VARIOUS AFFORDABLE MEDICINE STAKEHOLDERS.$0$57,473
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SIDDHARTHA BHOOPATHY PHDPresident-$0--
JOHN L CAPICCHIONI BSSecretary-$0--
CHARLES E DILIBERTITreasurer-$0--
KEITH GALLICANOVice President-$0--
CHARLES BON MSTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Scientists Advancing Affordable
EIN
82-5103616
Phone
9737440160
Address
85 PARK STREET SUITE 220, MONTCLAIR, NJ 07042

Signing Officer

Name
Charles E Diliberti
Title
Treasurer
Phone
8778295500
Signed
2019-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Malesardi Quackenbush Swift & Co LLC
Address
155 NORTH DEAN STREET - SUITE 5, ENGLEWOOD, NJ 07631
Preparer
Tom Gasparano
Phone
2015674100
Supplemental Narrative

Additional Explanations

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

Description: event sponsorships. Amount: 84,450.

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

Description: bank service charges. Amount: 1,813. Description: insurance expense. Amount: 1,955. Description: marketing expense. Amount: 1,000. Description: office expense. Amount: 1,765. Description: travel expenses. Amount: 770. Description: workshop expenses. Amount: 57,473. Total to form 990-ez, line 16: 64,776.

Raw XML Appendix126 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
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MQS CPAS
IRS990EZ/BooksInCareOfDetail/PhoneNum02015674100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0155 NORTH DEAN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ENGLEWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007631
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt055773
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt055773
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt016131
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt055773
IRS990EZ/GrossReceiptsAmt0136680
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt06950
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt055773
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt055773
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SIDDHARTHA BHOOPATHY PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN L CAPICCHIONI BS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHARLES E DILIBERTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEITH GALLICANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHARLES BON MS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt064776
IRS990EZ/OtherRevenueTotalAmt084450
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0SCIENTISTS ADVANCING AFFORDABLE MEDICINES, INC. (OPERATING UNDER THE SAAMNOW TRADENAME) IS A 501(C)(6) NONPROFIT TRADE ORGANIZATION THAT SEEKS TO PROVIDE A DEDICATED PLATFORM FOR SCIENTISTS TO SHARE CUTTING-EDGE RESEARCH THAT FACILITATES THE DEVELOPMENT OF HIGH-QUALITY, AFFORDABLE MEDICINES, THEREBY IMPROVING THEIR ACCESSIBILITY TO PATIENTS. THE ORGANIZATION WILL ACCOMPLISH THIS BY SOLICITING INPUT FROM A BROAD GROUP OF PHARMACEUTICAL STAKEHOLDERS INCLUDING, BUT NOT LIMITED TO THOSE INVOLVED IN MANUFACTURING, PACKAGING, TESTING, RESEARCH & DEVELOPMENT, SUPPLYING MATERIAL AND EQUIPMENT, PROVIDING SERVICES, ACADEMIA, REGULATORY SCIENCE, AND GOVERNMENT AGENCIES SUCH AS FDA AND EMA.
IRS990EZ/ProgramServiceRevenueAmt045280
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ANNUAL WORKSHOP THAT WILL BE OF INTEREST TO, AND ATTENDED BY, VARIOUS AFFORDABLE MEDICINE STAKEHOLDERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt057473
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt080907
IRS990EZ/TotalProgramServiceExpensesAmt057473
IRS990EZ/TotalRevenueAmt0136680
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://SAAMNOW.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: EVENT SPONSORSHIPS. AMOUNT: 84,450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 1,813. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 1,955. DESCRIPTION: MARKETING EXPENSE. AMOUNT: 1,000. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,765. DESCRIPTION: TRAVEL EXPENSES. AMOUNT: 770. DESCRIPTION: WORKSHOP EXPENSES. AMOUNT: 57,473. TOTAL TO FORM 990-EZ, LINE 16: 64,776.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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.
ReturnHeader/BuildTS02020-01-14 16:20:31Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08778295500
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCIENTISTS ADVANCING AFFORDABLE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MEDICINES INC
ReturnHeader/Filer/BusinessNameControlTxt0SCIE
ReturnHeader/Filer/EIN0825103616
ReturnHeader/Filer/PhoneNum09737440160
ReturnHeader/Filer/USAddress/AddressLine1Txt085 PARK STREET SUITE 220
ReturnHeader/Filer/USAddress/CityNm0MONTCLAIR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.193.195.102
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:48:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221624206
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MALESARDI QUACKENBUSH SWIFT & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0155 NORTH DEAN STREET - SUITE 5
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ENGLEWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
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ReturnHeader/PreparerPersonGrp/PhoneNum02015674100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TOM GASPARANO
ReturnHeader/ReturnTs02019-11-14T09:02:21-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings