Civic Intelligence

Scientists Advancing Affordable Medicines Inc

990EZ • Fiscal year 2019 • EIN 82-5103616

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

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

52nd percentile

0.00x

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

2019 filings • NTEE S41 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

52nd percentile

0.00x

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

2019 filings • NTEE S41 • <$500k nonprofits • Source year 2019

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2019 filings • NTEE S41 • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2019 filings • NTEE S41 • <$500k nonprofits • Source year 2019

Asset Growth

14th percentile

-29%

Faster asset growth than 14% of similar nonprofits.

2019 filings • NTEE S41 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • NTEE S41 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$39,518

Down $16,255 (-29%) from 2018

Net Assets

Down

$39,518

Down $16,255 (-29%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$154,850

Up $18,170 (+13%) from 2018

Expenses

Up

$171,105

Up $90,198 (+111%) from 2018

Net Income

Down

-$16,255

Down $72,028 (-129%) from 2018

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

2019

Assets$39,518
Liabilities$0
Net Assets$39,518

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

2019

Revenue$154,850
Expenses$171,105
Net Income-$16,255
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.1
Gross Receipts
$154,850
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$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLES BON MSTrustee-$0--
SIDDHARTHA BHOOPATHY PHDPresident-$0--
JOHN L CAPICCHIONI BSSecretary-$0--
CHARLES E DILIBERTITreasurer-$0--
KEITH GALLICANOVice President-$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
2020-11-10
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: 41,800.

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

Description: bank service charges. Amount: 4,560. Description: insurance expense. Amount: 5,143. Description: marketing expense. Amount: 6,494. Description: office expense. Amount: 3,540. Description: travel expenses. Amount: 1,572. Description: workshop expenses. Amount: 119,294. Total to form 990-ez, line 16: 140,603.

Raw XML Appendix124 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum02015674100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0155 NORTH DEAN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ENGLEWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007631
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt055773
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039518
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-16255
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt030502
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt055773
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039518
IRS990EZ/GrossReceiptsAmt0154850
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt05600
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt055773
IRS990EZ/NetAssetsOrFundBalancesEOYAmt039518
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt055773
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt039518
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHARLES BON MS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SIDDHARTHA BHOOPATHY PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN L CAPICCHIONI BS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHARLES E DILIBERTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KEITH GALLICANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0140603
IRS990EZ/OtherRevenueTotalAmt041800
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/ProgramServiceRevenueAmt0107450
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ANNUAL WORKSHOP THAT WILL BE OF INTEREST TO, AND ATTENDED BY, VARIOUS AFFORDABLE MEDICINE STAKEHOLDERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0171105
IRS990EZ/TotalRevenueAmt0154850
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://SAAMNOW.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: EVENT SPONSORSHIPS. AMOUNT: 41,800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 4,560. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 5,143. DESCRIPTION: MARKETING EXPENSE. AMOUNT: 6,494. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 3,540. DESCRIPTION: TRAVEL EXPENSES. AMOUNT: 1,572. DESCRIPTION: WORKSHOP EXPENSES. AMOUNT: 119,294. TOTAL TO FORM 990-EZ, LINE 16: 140,603.
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/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08778295500
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-10
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
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ReturnHeader/FilingSecurityInformation/IPDt02020-11-10
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ReturnHeader/FilingSecurityInformation/IPTm010:37:09
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/ReturnTs02020-11-10T09:54:31-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings