Civic Intelligence

Scientists Advancing Affordable Medicines Inc

990EZ • Fiscal year 2022 • EIN 82-5103616

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

155 North Dean Street 5Englewood, NJ 07631

(973) 744-0160

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.00x

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

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Net Margin

3rd percentile

-246%

Higher net margin than 3% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Asset Growth

9th percentile

-41%

Faster asset growth than 9% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-44%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$29,889

Down $20,859 (-41%) from 2021

Net Assets

Down

$29,889

Down $20,859 (-41%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$8,475

Down $6,741 (-44%) from 2021

Expenses

Up

$29,334

Up $13,740 (+88%) from 2021

Net Income

Down

-$20,859

Down $20,481 (-5418%) from 2021

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

2022

Assets$29,889
Liabilities$0
Net Assets$29,889

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

2022

Revenue$8,475
Expenses$29,334
Net Income-$20,859
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$8,475
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.

Program Services

DescriptionGrantsExpenses
ANNUAL WORKSHOP THAT WILL BE OF INTEREST TO, AND ATTENDED BY, VARIOUS AFFORDABLE MEDICINE STAKEHOLDERS.$0$16,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN CAPICCHIONISecretary-$0--
SIDDHARTHA BHOOPATHY PHDPresident-$0--
KEITH GALLICANOPresident-$0--
CHARLES E DILIBERTITreasurer-$0--
KEITH WEBBERVice President-$0--
CHARLES BON MSVice President-$0--
Filing and Contact Details

Filer

Filer Name
Scientists Advancing Affordable
EIN
82-5103616
Phone
9737440160
Address
155 NORTH DEAN STREET 5, ENGLEWOOD, NJ 07631

Signing Officer

Name
Charles E Diliberti
Title
Treasurer
Phone
8778295500
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

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

Description: travel expenses. Amount: 441. Description: insurance expense. Amount: 4,454. Description: office expense. Amount: 8,239. Total to form 990-ez, line 16: 13,134.

Raw XML Appendix127 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/USAddress/CityNm0ENGLEWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007631
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt050748
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHARLES E DILIBERTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KEITH WEBBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHARLES BON MS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
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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 THE FDA AND EMA.
IRS990EZ/ProgramServiceRevenueAmt02275
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TotalProgramServiceExpensesAmt016200
IRS990EZ/TotalRevenueAmt08475
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://SAAMNOW.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: TRAVEL EXPENSES. AMOUNT: 441. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 4,454. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 8,239. TOTAL TO FORM 990-EZ, LINE 16: 13,134.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 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.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MEDICINES INC
ReturnHeader/Filer/BusinessNameControlTxt0SCIE
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ReturnHeader/PreparerPersonGrp/PhoneNum02015674100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDY MALDONADO
ReturnHeader/ReturnTs02023-11-15T13:38:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DILIBERTI
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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