Civic Intelligence

Nucleate Bio Inc.

990EZ • Fiscal year 2021 • EIN 86-3225994

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 08, 2023

88 Gordon Street 401Brighton, MA 02135

(703) 944-8324

Siviq Scores

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

Liabilities / Assets

91st percentile

0.60x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

1.15x

Higher debt load relative to revenue than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

78%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$254,780

No earlier filing loaded for comparison.

Net Assets

$103,021

No earlier filing loaded for comparison.

Liabilities

$151,759

No earlier filing loaded for comparison.

Revenue

$131,502

No earlier filing loaded for comparison.

Expenses

$28,481

No earlier filing loaded for comparison.

Net Income

$103,021

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.

$1.5M$1.0M$500K$0Assets 2021: $254,780Liabilities 2021: $151,759Net Assets 2021: $103,0212021Assets 2022: $659,215Liabilities 2022: $339,310Net Assets 2022: $319,9052022Assets 2023: $743,650Liabilities 2023: $229,343Net Assets 2023: $514,3072023Assets 2024: $1,046,905Liabilities 2024: $319,083Net Assets 2024: $727,8222024

Highlighted filing

2021

Assets$254,780
Liabilities$151,759
Net Assets$103,021

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2021: $131,502Expenses 2021: $28,481Net Income 2021: $103,0212021Revenue 2022: $1,199,698Expenses 2022: $982,814Net Income 2022: $216,8842022Revenue 2023: $2,574,023Expenses 2023: $2,379,621Net Income 2023: $194,4022023Revenue 2024: $2,418,388Expenses 2024: $2,204,873Net Income 2024: $213,5152024

Highlighted filing

2021

Revenue$131,502
Expenses$28,481
Net Income$103,021
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 8, 2023
Return Version
2021v4.2
Gross Receipts
$131,502
Mission and Program Overview

Mission

Empower tomorrow's biotech leaders by educating today's acedemic trainees

Empower tomorrow's biotech leaders by educating today's academic trainees

Program Services

DescriptionGrantsExpenses
ACTIVATOR PROGRAM - THE GOAL OF THE NUCLEATE "ACTIVATOR" PROGRAM IS TO PROVIDE A RIGOROUS AND COMPREHENSIVE EDUCATIONAL EXPERIENCE TO FUTURE BIOTECH ENTREPRENEURS. OUR CORE CURRICULUM CONSISTS OF BI-WEEKLY WORKSHOPS HELD THROUGHOUT THE SPRING, AND CULMINATES IN A FINAL PITCH EVENT WHERE TEAMS SHOWCASE THEIR COMPANIES TO A LARGE AUDIENCE OF INDUSTRY STAKEHOLDERS. THE WORKSHOPS, CREATED IN COLLABORATION WITH OUR WORLD-CLASS ADVISORS, ARE STRUCTURED TO ADDRESS CRITICAL ASPECTS OF EARLY-STAGE LIFE SCIENCE COMPANY FORMATION. TOGETHER, THEY ARE DESIGNED TO PROVIDE A ROADMAP FOR TRANSLATING AND COMMERCIALIZING EARLY-STAGE TECHNOLOGY CONCEPTS. EACH WORKSHOP CONSISTS OF THREE PARTS:1) PRE-WORK - TEAMS PREPARE SLIDES AND DISCUSSION TOPICS AHEAD OF EACH WORKSHOP, WHICH ARE CIRCULATED TO WORKSHOP EXPERTS IN ADVANCE. AT THE END OF THE PROGRAM, THESE SLIDES WILL FORM THE BUILDING BLOCKS OF THEIR FINAL 10-15 MINUTE POLISHED PITCH DECK.2) HANDS-ON FEEDBACK - DURING THE 2-HOUR WORKSHOPS, TEAMS ARE PAIRED WITH EXPERTS RELEVANT TO THEIR TARGETED MARKET AND/OR TECHNOLOGY WHO PROVIDE FEEDBACK ON THE MATERIALS PRESENTED BY THE TEAMS.3) POST-WORK - AFTER EACH WORKSHOP, TEAMS INTEGRATE EXPERT FEEDBACK AND PROVIDE AN ON TOPIC, ONE PARAGRAPH WRITTEN SUMMARY OUTLINING WHAT WAS LEARNED AND WHAT QUESTIONS ARE STILL OUTSTANDIN. THE POST-WORK SUMMARY FROM EACH WORKSHOP WILL FUNCTION AS A BUILDING BLOCK FOR THE FINAL BUSINESS PLAN.BY THE END OF THE PROGRAM, TEAMS WILL LEAVE WITH A POLISHED PITCH DECK, WRITTEN BUSINESS PLAN, FUNDRAISING STRATEGY, AND A NETWORK OF RELEVANT INDUSTRY ADVISORS AND MENTORS. THIS YEAR, OUR CURRICULUM WILL BE MANAGED AND ADMINISTERED THROUGH THE EDUFLOW PLATFORM TO CREATE AN INTEGRATED, UNIFORM, AND SEAMLESS EXPERIENCE FOR PARTICIPANTS.$0$28,481
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SOFIA GUERERRADirector-$0--
MARISSA PETTITDirector-$0--
SOUFIANE ABOULHOUDACo-President-$0--
OLIVER DODDTreasurer-$0--
JENNA ARONSONCo-President-$0--
MATTHEW LANCHANTINClerk-$0--
Filing and Contact Details

Filer

Filer Name
Nucleate Bio Inc
EIN
86-3225994
Phone
7039448324
Address
88 GORDON STREET 401, BRIGHTON, MA 02135

Signing Officer

Name
Andrei Enache
Title
Director of Finance
Phone
7039448324
Signed
2023-01-08
Discuss with paid preparer
Yes

Preparer

Firm
Whittlesey Pc
Address
14 BOBALA RD, HOLYOKE, MA 01040
Preparer
Thomas Dowling
Phone
4135363970
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 32.

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

Description: event meals. Amount: 22,311. Description: travel. Amount: 658. Description: other business expenses. Amount: 2,648. Description: office expenses. Amount: 122. Total to form 990-ez, line 16: 25,739.

Form 990-ez, Part II, Line 24 - Other Assets

Description: contributions receivable. Beg. Of year amount: 0. End of year amount: 22,500.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 360. Description: accrued expenses. Beg. Of year amount: 0. End of year amount: 8,369. Description: refundable advances. Beg. Of year amount: 0. End of year amount: 143,030.

Raw XML Appendix174 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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