Civic Intelligence

Raiden Science Foundation

990 • Fiscal year 2022 • EIN 87-3106343

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 27, 2023

Organization Profilewww.raidenscience.org
6107 SW Murray Blvd 188Beaverton, OR 97008

(971) 533-1984

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$337,649

No earlier filing loaded for comparison.

Net Assets

$337,648

No earlier filing loaded for comparison.

Liabilities

$1

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin98th percentile

Revenue

$348,349

No earlier filing loaded for comparison.

Expenses

$14,084

No earlier filing loaded for comparison.

Net Income

$334,265

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2022: $337,649Liabilities 2022: $1Net Assets 2022: $337,6482022Assets 2023: $750,678Liabilities 2023: $0Net Assets 2023: $750,6782023Assets 2024: $632,494Liabilities 2024: $0Net Assets 2024: $632,4942024

Highlighted filing

2022

Assets$337,649
Liabilities$1
Net Assets$337,648
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2022: $348,349Expenses 2022: $14,084Net Income 2022: $334,2652022Revenue 2023: $478,617Expenses 2023: $65,587Net Income 2023: $413,0302023Revenue 2024: $134,549Expenses 2024: $252,733Net Income 2024: -$118,1842024

Highlighted filing

2022

Revenue$348,349
Expenses$14,084
Net Income$334,265
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 27, 2023
Return Version
2022v4.1
Gross Receipts
$348,349
Mission and Program Overview

Mission

Harness the power of community to innovate treatments for rare diseases, starting with UBA5.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,383$337,648▲ $334,265
Cash and Non-Interest-Bearing Accounts$3,383$316,905▲ $313,522
Pledges and Grants Receivable-$19,545-
Land, Buildings, and Equipment, Net-$1,199-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,383$337,649▲ $334,266
Other Assets Total-$0-
Liabilities
Other Liabilities-$1-
Total Liabilities$0$1▲ $1
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,383$337,648▲ $334,265
Total Liabilities and Net Assets / Fund Balance$3,383$337,649▲ $334,266

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,199$300$1,499
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Tommy PhamPresident
Amber AllenDirector
Kori VyseDirector
Louis UpkinsDirector
Michael LinDirector
Jessica WallansOfficer
Ruth Napier PhDOfficer
Linda PhamSecretary
Chris AndonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$348,349
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$348,349
Change in Net Assets
$334,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$5,880--$5,880
Advertising$2,985--$2,985
Office Expenses-$2,220-$2,220
Fees for Services Other$1,779--$1,779
Travel$870--$870
Depreciation Depletion$300--$300
Other Expenses$50--$50
Total Functional Expenses$11,864$2,220$0$14,084
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The President and Secretary are in the same household.”

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

“Form 990 reviewed by management team prior to filing.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Raiden Science Foundation
EIN
87-3106343
Phone
9715331984
Address
6107 SW Murray Blvd 188, Beaverton, OR 97008

Signing Officer

Name
Tommy Pham
Title
President
Signed
2023-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tommy Pham
Formed
2021
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
0
Employees
0

Preparer

Firm
Gentry & Gentry LLC
Address
5200 S Macadam Ave Ste 480, Portland, OR 97239
Preparer
Mike Gentry CPA
Phone
5032067225
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IRS990/Desc01) We showed via proof of concept that the gene replacement therapy does work at restoring UBA5 levels,2) We initiated a drug re-purposing program for UBA5 at Oregon Health & Science University, 3) We established a partnership with Coriell Institute to create the first-ever UBA5 biobank, 4) We partnered with Baylor College of Medicine to develop complex UBA5 disease models, and 5) We successfully activated 2 fundraising campaigns - Run4Raiden and Kombat4Rare
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03383
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0337648
IRS990/TotalProgramServiceExpensesAmt011864
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0348349
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03383
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0337649
IRS990/TravelGrp/ProgramServicesAmt0870
IRS990/TravelGrp/TotalAmt0870
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06107 SW Murray Blvd 188
IRS990/USAddress/CityNm0Beaverton
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097008
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0https://www.raidenscience.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tommy Pham
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Raiden Science Foundation
ReturnHeader/Filer/BusinessNameControlTxt0RAID
ReturnHeader/Filer/EIN0873106343
ReturnHeader/Filer/PhoneNum09715331984
ReturnHeader/Filer/USAddress/AddressLine1Txt06107 SW Murray Blvd 188
ReturnHeader/Filer/USAddress/CityNm0Beaverton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097008
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0854351756
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gentry & Gentry LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05200 S Macadam Ave Ste 480
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Portland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097239
ReturnHeader/PreparerPersonGrp/PhoneNum05032067225
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mike Gentry CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-02-27T08:18:57-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Tommy
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Pham
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$337,649
Liabilities
$1
Net assets
$337,648
Revenue
$348,349
Expenses
$14,084
Net income
$334,265
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.32$0.00$6.32$1.35$2.53$1.18
2023Detailed filing. Detailed filing data is available for this year.$7.51$0.00$7.51$4.79$0.66$4.13
2022Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$3.48$0.14$3.34