Civic Intelligence

Friends of Research4Life Inc

EIN 85-3005032 • 501(c)3 • Dover, DE

Profile

Friends of research4life's primary mission is to fund initiatives for research4life, which provides low/no-cost access to scientific and peer-reviewed research information for the lowest 120 economic countries in the world.

8 The Green Ste BDover, DE 19901

friendsofresearch4life.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-21%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

21st percentile

-47%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-89%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$73,612

Down $65,346 (-47%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$73,612

Down $65,346 (-47%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin23rd percentile

Revenue

Down

$311,948

Down $2,611,771 (-89%) from 2023

Expenses

Down

$377,294

Down $2,512,414 (-87%) from 2023

Net Income

Down

-$65,346

Down $99,357 (-292%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2020: $99,564Liabilities 2020: $02020Assets 2021: $73,467Liabilities 2021: $0Net Assets 2021: $73,4672021Assets 2022: $104,947Liabilities 2022: $0Net Assets 2022: $104,9472022Assets 2023: $138,958Liabilities 2023: $0Net Assets 2023: $138,9582023Assets 2024: $73,612Liabilities 2024: $0Net Assets 2024: $73,6122024

Highlighted filing

2024

Assets$73,612
Liabilities$0
Net Assets$73,612
Open 2024 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $99,594Expenses 2020: $30Net Income 2020: $99,5642020Revenue 2021: $168,460Expenses 2021: $194,557Net Income 2021: -$26,0972021Revenue 2022: $704,481Expenses 2022: $673,001Net Income 2022: $31,4802022Revenue 2023: $2,923,719Expenses 2023: $2,889,708Net Income 2023: $34,0112023Revenue 2024: $311,948Expenses 2024: $377,294Net Income 2024: -$65,3462024

Highlighted filing

2024

Revenue$311,948
Expenses$377,294
Net Income-$65,346
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$73,612
Liabilities
$0
Net assets
$73,612
Revenue
$311,948
Expenses
$377,294
Net income
-$65,346
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.31$0.38$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$2.92$2.89$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.70$0.67$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.17$0.19$0.03
2020Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.00$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 16, 2025
Return Version
2024v5.0
Gross Receipts
$311,948
Mission and Program Overview

Mission

Friends of research4life's primary mission is to fund initiatives for research4life, which provides low/no-cost access to scientific and peer-reviewed research information for the lowest 120 economic countries in the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$38,858$43,512▲ $4,654
Accounts Receivable$100,000$30,000▼ $70,000
Savings and Temporary Cash Investments$100$100→ $0
Total Assets$138,958$73,612▼ $65,346
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$138,958$73,612▼ $65,346
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$138,958$73,612▼ $65,346
Total Liabilities and Net Assets / Fund Balance$138,958$73,612▼ $65,346
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Richard GedyePresident
Amb Dr Oyedokun OyewoleBoard Member
Andrea PowellBoard Member
Charlotte MasielloBoard Member
Daisy SelematselaBoard Member
James Perham-marchantBoard Member
Jaron PorcielloBoard Member
Mark SeeleySecretary
Michael OldhamTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$311,948
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$311,948
Change in Net Assets
$-65,346
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$339,371
Total Fundraising Expense$24,455
Professional Fundraising Fees$24,000
Other Expenses$13,923
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$316,334--$316,334
Fees for Services Professional Fundraising--$24,000$24,000
Grants to Domestic Orgs$19,000--$19,000
Fees for Services Accounting-$6,857-$6,857
Advertising$4,827--$4,827
Grants to Domestic Individuals$4,037--$4,037
Information Technology-$1,127-$1,127
Office Expenses-$657-$657
Travel--$455$455
Total Functional Expenses$344,198$8,641$24,455$377,294
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Portsys IncMarlborough, MA-Grant for an Authentication Extension Project$19,000

International Summary

Offices
0
Employees
0
Spending
$24,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaFundraising-00$24,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$24,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is reviewed by the board prior to submission.”

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

“Each member must sign the agreement and report any conflict, and this is periodically reviewed.”

Form 990, Part VI, Section C, Line 19

“The organization made available documents available to the public upon reasonable request. Form 990 can be accessed via irs.gov and guidestar.org”

Filing and Contact Details

Filer

Filer Name
Friends of Research4life Inc
EIN
85-3005032
Phone
7819964901
Address
8 THE GREEN STE B, DOVER, DE 19901

Signing Officer

Name
Michael Oldham
Title
Treasurer
Phone
7819964901
Signed
2025-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Oldham
Formed
2020
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Easy Office Dba Jitasa
Address
1120 S RACKHAM WAY SUITE 300, MERIDIAN, ID 83642
Preparer
Jeremy Cork
Phone
2082874777
Raw XML AppendixShowing 400 of 431 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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0168460
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt099594
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04208202
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt02571219
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0227679
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0788957
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0532250
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt046347
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt041750
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01636983
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0311948
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02923719
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0704481
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0168460
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt099594
IRS990ScheduleA/Total509Grp/TotalAmt04208202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0311948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02923719
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0704481
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0168460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt099594
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04208202
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
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt024000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Fundraising
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0162361
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1153973
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Europe (including Iceland and Greenland)
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1Sub-Saharan Africa
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES FUNDS WITH THE UNDERSTANDING THAT THOSE FUNDS WILL BE USED TO FULFILL THE MISSION OF THE RESEARCH4LIFE ORGANIZATION.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule F, Part I, Line 2
IRS990ScheduleF/Total501c3OrgCnt04
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt024000
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt019000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GRANT FOR AN AUTHENTICATION EXTENSION PROJECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PORTSYS INC
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0201 BOSTON POST RD W SUITE 205
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MARLBOROUGH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001752
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES FUNDS WITH THE UNDERSTANDING THAT THOSE FUNDS WILL BE USED TO FULFILL THE MISSION OF THE RESEARCH4LIFE ORGANIZATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER MUST SIGN THE AGREEMENT AND REPORT ANY CONFLICT, AND THIS IS PERIODICALLY REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MADE AVAILABLE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST. FORM 990 CAN BE ACCESSED VIA IRS.GOV AND GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0138958
IRS990/TotalAssetsEOYAmt073612
IRS990/TotalAssetsGrp/BOYAmt0138958
IRS990/TotalAssetsGrp/EOYAmt073612
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0311948
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024455
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08641
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0344198
IRS990/TotalFunctionalExpensesGrp/TotalAmt0377294
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0138958
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt073612
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt04037
IRS990/TotalOtherProgSrvcGrantAmt04037
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0344198
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0311948
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0138958
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt073612
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0455
IRS990/TravelGrp/TotalAmt0455
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08 THE GREEN STE B
IRS990/USAddress/CityNm0DOVER
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019901
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09

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