Civic Intelligence

Securebio Inc

EIN 88-3068255 • 501(c)3 • Cambridge, MA

Profile

To reduce catastrophic risks from novel biotechnologies by conducting research on pandemic prevention, detection, and mitigation.

1 Broadway 13-100Cambridge, MA 02142

securebio.org

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.08x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.09x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

86th percentile

42%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$151,815

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

94th percentile

74%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

70%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,470,365

Up $3,615,125 (+74%) from 2023

Liabilities

Up

$682,712

Up $542,661 (+387%) from 2023

Net Assets

Up

$7,787,653

Up $3,072,464 (+65%) from 2023

Revenue

Up

$7,324,329

Up $3,005,204 (+70%) from 2023

Expenses

Up

$4,251,865

Up $1,398,075 (+49%) from 2023

Net Income

Up

$3,072,464

Up $1,607,129 (+110%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2022: $3,261,854Liabilities 2022: $12,000Net Assets 2022: $3,249,8542022Assets 2023: $4,855,240Liabilities 2023: $140,051Net Assets 2023: $4,715,1892023Assets 2024: $8,470,365Liabilities 2024: $682,712Net Assets 2024: $7,787,6532024

Highlighted filing

2024

Assets$8,470,365
Liabilities$682,712
Net Assets$7,787,653

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2022: $3,436,133Expenses 2022: $186,279Net Income 2022: $3,249,8542022Revenue 2023: $4,319,125Expenses 2023: $2,853,790Net Income 2023: $1,465,3352023Revenue 2024: $7,324,329Expenses 2024: $4,251,865Net Income 2024: $3,072,4642024

Highlighted filing

2024

Revenue$7,324,329
Expenses$4,251,865
Net Income$3,072,464

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$7,324,329
Mission and Program Overview

Mission

To reduce catastrophic risks from novel biotechnologies by conducting research on pandemic prevention, detection and mitgation.

To reduce catastrophic risks from novel biotechnologies by conducting research on pandemic prevention, detection, and mitigation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,586,153$5,078,605▲ $1,492,452
Pledges and Grants Receivable$382,747$2,580,337▲ $2,197,590
Land, Buildings, and Equipment, Net$867,811$665,732▼ $202,079
Accounts Receivable$18,529$130,382▲ $111,853
Prepaid Expenses and Deferred Charges-$8,078-
Savings and Temporary Cash Investments-$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-
Total Assets$4,855,240$8,470,365▲ $3,615,125
Other Assets Total-$7,231-
Liabilities
Accounts Payable and Accrued Expenses$140,051$454,679▲ $314,628
Deferred Revenue-$228,033-
Total Liabilities$140,051$682,712▲ $542,661
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,579,633$4,306,710▲ $727,077
Net Assets With Donor Restrictions$1,135,556$3,480,943▲ $2,345,387
Total Net Assets Fund Balance$4,715,189$7,787,653▲ $3,072,464
Total Liabilities and Net Assets / Fund Balance$4,855,240$8,470,365▲ $3,615,125

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$281,198$212,519$493,717
Other Land Buildings$166,740$136,424$303,164
Equipment$217,794$78,694$296,488
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey KaufmanNAO Project LeadFT$145,000$6,815$151,815
Michael McLarenResearch ScientistFT$138,299$12,116$150,415
William BradshawSecretaryFT$121,513$10,347$131,860
Seth DonougheResearch ScientistFT$122,747$4,225$126,972
Daniel RiceResearch ScientistFT$113,672$5,207$118,879
Benjamin Mueller Treas Sep-DecExecutive DirectorPT$53,175-$53,175
Vaishnav Sunil Treas Jan-SepTreasurerPT$24,397$526$24,923

Board Members and Trustees

NameTitle
Christine ParthemoreDirector
Kevin EsveltDirector
Liv BoereeDirector
Michael SpecterDirector
Sawyer BernathDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Hong-Wen Walther Chensoftware development29 Oxford St 2, Somerville, MA 02143$196,524
Leonard Fonersoftware development28 Cottage Ave, Somerville, MA 02144$136,000
Steve Woostersoftware development37971 SE Serban Rd, Sandy, OR 97055$127,353
Theia Vogelsoftware development12334 31st Ave NE 510, Seattle, WA 98125$115,920
Revenue and Support

Revenue Composition

Contributions and Grants
$6,816,844
Program Service Revenue
$326,249
Investment Income
$174,336
Other Revenue
$6,900
All Other Contributions
$6,816,844
Change in Net Assets
$3,072,464

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$58,075Fair Market Value
Total Noncash Contributions1$58,075-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,324,329
Revenue Not Reported on Form 990
$1,044,371
Total Revenue per Audited Statements
$8,368,700
Total Revenue per Form 990
$7,324,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,781,933
Salaries, Compensation, and Employee Benefits$1,372,932
Grants and Similar Amounts Paid$97,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,801,982$34,266-$1,836,248
Other Salaries and Wages$860,452$126,357-$986,809
Office Expenses$21,230$196,131-$217,361
Current Officers, Directors, Trustees, and Key Employees$136,395$73,563-$209,958
Depreciation Depletion$168,401$33,678-$202,079
Fees for Services Legal$82,433$72,468-$154,901
Grants to Domestic Orgs$97,000--$97,000
Payroll Taxes$75,810$15,174-$90,984
Other Employee Benefits$77,063$8,118-$85,181
Travel$14,400$38,844-$53,244
Fees for Services Accounting$15,077$23,800-$38,877
Occupancy-$18,191-$18,191
All Other Expenses$5,492$9,594-$15,086
Other Expenses$12,804$11,848-$12,804
Conferences and Meetings$3,674$3,029-$6,703
Advertising$3,530--$3,530
Insurance-$3,102-$3,102
Total Functional Expenses$3,386,059$865,806$0$4,251,865

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,296,236
Expenses per Audited Statements$4,251,865
Total Expenses per Form 990$4,251,865
Expenses Not Reported on Form 990$1,044,371
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
UC IrvineIrvine, CAState of CAResearch$97,000
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 A, Line 4

In 2024, the Organization amended its Certificate of Incorporation and Bylaws to grant the Board Chair the authority to cast a tie-breaking vote in the event of a deadlock on Board decisions. This change was made to ensure timely decision-making and avoid governance impasses.

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

A copy of the Form 990 was provided to the officers and directors for review and comment prior to filing.

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

Upon engagement, election, or hiring, directors, officers, and key employees agree to comply with the conflict of interest policy and to disclose any conflicts of interest, which are then handled in accordance with the policy.

Form 990, Part VI, Section B, Line 15A

It is the organization's policy that compensation of any director, officer, or key employee is reasonable. Determination of reasonableness entails gathering relevant market data followed by review, deliberation, and written approval by a disinterested board.

Form 990, Part VI, Section B, Line 15B

See response to Form 990, Part VI, Line 15a.

Form 990, Part VI, Section C, Line 18

The organization's Form 1023 and Form 990 returns are accessible to the public through the Massachusetts Attorney General's Office, Non-Profit Organizations/Public Charities Division. The organization can also make such documents available upon written request.

Form 990, Part VI, Section C, Line 19

Documents subject to public disclosure or inspection are accessible through the Massachusetts Attorney General's Office, Non-Profit Organizations/Public Charities Division or can be made available upon written request to the organization.

Filing and Contact Details

Filer

Filer Name
Securebio Inc
EIN
88-3068255
Phone
6153798149
Address
1 Broadway 13-100, Cambridge, MA 02142

Signing Officer

Name
Benjamin Mueller
Title
Executive Director
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Mueller
Formed
2022
Legal Domicile
De
Voting Board Members
5
Independent Board Members
4
Employees
16

Preparer

Firm
Tovella Dowling PC
Address
501 W Broadway Ste 1540, San Diego, CA 92101
Preparer
Julie U Nguyen Esq
Phone
6199309332
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and accordingly, no provision for federal, state or local income taxes has been recorded. The Organization does not believe its financial statements include any uncertain tax positions.

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IRS990/ProgSrvcAccomActy2Grp/Desc0As part of its SecureDNA project, the organization continued to make significant progress in 2024 on its gene synthesis screening software. The team released an alpha version and prepared for a public beta launch. This free software offers best-in-class performance in screening criteria and runs against a continuously updated hazard database. SecureDNA uniquely integrates with both vendor order flows and benchtop synthesizers. The organization successfully tested with major manufacturers and collaborated with leading gene synthesis companies. Two papers were prepared for submission to peer-reviewed journals, one on the screening system and another on its cryptographic architecture. These advancements further the organization's goal of securely monitoring synthetic DNA orders against various public health hazards.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0The organization focuses on pandemic-proof personal protective equipment PPE that reliably shields essential workers against highly infectious agents without requiring fit-testing, ensuring the maintenance of critical infrastructure during pandemics. To enhance the availability and accessibility of this crucial equipment, the organization has undertaken several key initiatives. These include mapping critical infrastructure and essential workers, identifying cost-reduction strategies, advocating for public funds to build and maintain stockpiles, and exploring market mechanisms to support government efforts in stockpiling pandemic-proof PPE. Through these activities, the organization aims to strengthen pandemic preparedness and protect those who must continue working during health crises.
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