Civic Intelligence

Pharmate Inc.

990EZ • Fiscal year 2019 • EIN 83-2594201

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 21, 2020

PO Box 230052Boston, MA 02118

(617) 800-5804

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

32nd percentile

-3.9%

Higher net margin than 32% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

$19

No earlier filing loaded for comparison.

Net Assets

$19

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$13,861

No earlier filing loaded for comparison.

Expenses

$14,401

No earlier filing loaded for comparison.

Net Income

-$540

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.

$300$200$100$0Assets 2019: $19Liabilities 2019: $0Net Assets 2019: $192019Assets 2020: $1Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $210Liabilities 2021: $0Net Assets 2021: $2102021

Highlighted filing

2019

Assets$19
Liabilities$0
Net Assets$19

Operations Trend

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

$15K$10K$5.0K$0-$5.0KRevenue 2019: $13,861Expenses 2019: $14,401Net Income 2019: -$5402019Revenue 2020: $11,414Expenses 2020: $11,546Net Income 2020: -$1322020Revenue 2021: $8,632Expenses 2021: $9,540Net Income 2021: -$9082021

Highlighted filing

2019

Revenue$13,861
Expenses$14,401
Net Income-$540
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 21, 2020
Return Version
2019v5.0
Gross Receipts
$13,942
Mission and Program Overview

Mission

To provide highly available, affordable and accessible drug therapeutics to all individuals regardless of socioeconomic status. To expand equity in healthcare by increasing public knowledge of treatment regiments and pharmaceutical products. To develop and distribute high quality pharmaceuticals, compliant with applicable governing bodies. To advance scientific research for the betterment of human health. The organization is established exclusively for charitable, educational and scientific purposes under section 501(c)(3) of the internal revenue code, or corresponding section of any future federal tax code. (1) the corporation's purposes shall be so interpreted as to be consistent with section 501(c)(3) of the united states internal revenue code (and successor provisions), no part of its net earnings, if any, shall inure to the benefit of any private shareholder or individual, and the corporation shall not participate or intervene (by publishing or distributing statements or othewise)

Program Services

DescriptionGrantsExpenses
Pharmate has received donations from the public to support operational, research and marketing expenses to begin planning of its services.$0$13,788
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Petit PierrePresidentPT$0--
Jonah SuTreasurerPT$0--
Rohan AroraSecretaryPT$0--
Emily Helen RutkeyVice PresidentPT$0--
Petit PierreDirector-$0--
Eli GelfandDirector-$0--
Penny BeuningDirector-$0--
Filing and Contact Details

Filer

Filer Name
Pharmate Inc
EIN
83-2594201
Phone
6178005804
Address
PO BOX 230052, Boston, MA 02118

Signing Officer

Name
Petit Pierre
Title
President
Phone
6178005804
Signed
2020-07-21
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^IRS form 1023 fee;600|USPTO trademark fee;375|USPTO trademark fee SOU extension;375|Promotional materials;159|MA form PC fee;135^Total;1644^

Raw XML Appendix177 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/PrimaryExemptPurposeTxt0TO PROVIDE HIGHLY AVAILABLE, AFFORDABLE AND ACCESSIBLE DRUG THERAPEUTICS TO ALL INDIVIDUALS REGARDLESS OF SOCIOECONOMIC STATUS. TO EXPAND EQUITY IN HEALTHCARE BY INCREASING PUBLIC KNOWLEDGE OF TREATMENT REGIMENTS AND PHARMACEUTICAL PRODUCTS. TO DEVELOP AND DISTRIBUTE HIGH QUALITY PHARMACEUTICALS, COMPLIANT WITH APPLICABLE GOVERNING BODIES. TO ADVANCE SCIENTIFIC RESEARCH FOR THE BETTERMENT OF HUMAN HEALTH. THE ORGANIZATION IS ESTABLISHED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. (1) THE CORPORATION'S PURPOSES SHALL BE SO INTERPRETED AS TO BE CONSISTENT WITH SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE (AND SUCCESSOR PROVISIONS), NO PART OF ITS NET EARNINGS, IF ANY, SHALL INURE TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL, AND THE CORPORATION SHALL NOT PARTICIPATE OR INTERVENE (BY PUBLISHING OR DISTRIBUTING STATEMENTS OR OTHEWISE)
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ReturnHeader/BuildTS02020-11-06 18:47:13Z
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ReturnHeader/ReturnTs02020-07-22T11:09:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings