Civic Intelligence

Readdi Inc.

990 • Fiscal year 2024 • EIN 88-3812342

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 04, 2025

Organization ProfileREADDI.ORG
PO Box 110087Durham, NC 27709

(919) 357-8326

Siviq Scores

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

Liabilities / Assets

49th percentile

0.06x

Higher debt load relative to assets than 49% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.06x

Higher debt load relative to revenue than 47% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

62%

Higher net margin than 93% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$560,018

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 38.1% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

96th percentile

150%

Faster asset growth than 96% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

83%

Faster revenue growth than 89% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$1,668,571

Up $1,000,965 (+150%) from 2023

Net Assets

Up

$1,574,363

Up $914,757 (+139%) from 2023

Liabilities

Up

$94,208

Up $86,208 (+1078%) from 2023

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin93rd percentile

Revenue

Up

$1,468,046

Up $667,531 (+83%) from 2023

Expenses

Up

$553,289

Up $412,380 (+293%) from 2023

Net Income

Up

$914,757

Up $255,151 (+39%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2023: $667,606Liabilities 2023: $8,000Net Assets 2023: $659,6062023Assets 2024: $1,668,571Liabilities 2024: $94,208Net Assets 2024: $1,574,3632024Assets 2025: $1,321,299Liabilities 2025: $249,084Net Assets 2025: $1,072,2152025

Highlighted filing

2024

Assets$1,668,571
Liabilities$94,208
Net Assets$1,574,363
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2023: $800,515Expenses 2023: $140,909Net Income 2023: $659,6062023Revenue 2024: $1,468,046Expenses 2024: $553,289Net Income 2024: $914,7572024Revenue 2025: $623,604Expenses 2025: $1,125,752Net Income 2025: -$502,1482025

Highlighted filing

2024

Revenue$1,468,046
Expenses$553,289
Net Income$914,757
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 4, 2025
Return Version
2023v6.0
Gross Receipts
$1,468,046
Mission and Program Overview

Mission

The rapidly emerging antiviral drug development initiative (readdi) is a nonprofit biotechnology organization dedicated to preventing global catastrophes caused by viruses and a leader in the therapeutics pillar of the 3-pronged pandemic preparedness and response structure of ipps.

The rapidly emerging antiviral drug development initiative (readdi) is a nonprofit biotechnology organization dedicated to preventing global catastrophes caused by viruses. It plays a clear, specific and central role in the widely accepted three-pronged pandemic preparedness approach involving diagnostics, therapeutics and vaccines. Readdi develops therapeutics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$667,606$1,657,566▲ $989,960
Rtn Earn Endowment Incm Other Fnds$659,606$1,574,363▲ $914,757
Cash and Non-Interest-Bearing Accounts-$11,005-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$667,606$1,668,571▲ $1,000,965
Liabilities
Accounts Payable and Accrued Expenses$8,000$94,208▲ $86,208
Total Liabilities$8,000$94,208▲ $86,208
Net Assets / Fund Balance
Total Net Assets Fund Balance$659,606$1,574,363▲ $914,757
Total Liabilities and Net Assets / Fund Balance$667,606$1,668,571▲ $1,000,965
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James RosenCEOFT$266,174$136,445$266,174
William Fletcher FaireyExecutive VP of BusinessFT$100,928-$100,928

Board Members and Trustees

NameTitle
Andy JohnsBoard Member
Barbara StephensonBoard Member
Brad WilkenBoard Member
J Christopher ClemensBoard Member
John BamforthBoard Member
Laurent FraisseBoard Member
Lydia OgdenBoard Member
Nathan KnuffmanBoard Member
Perrin JonesBoard Member
Richard BurrBoard Member
Tom ShanahanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,396,063
Program Service Revenue
$0
Investment Income
$37,809
Other Revenue
$34,174
All Other Contributions
$250,000
Change in Net Assets
$914,757

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 Table4$35,012Cost
Total Noncash Contributions4$35,012-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,468,046
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$691,103
Total Revenue per Audited Statements
$2,159,149
Total Revenue per Form 990
$1,468,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$553,289
Total Fundraising Expense$220,536
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$112,275$48,119$160,395$320,789
Travel$29,830$12,784$42,615$85,229
Fees for Services Accounting-$56,085-$56,085
Fees for Services Legal-$29,135-$29,135
Other Expenses-$27,000-$27,000
Information Technology$8,504$3,645$12,150$24,299
Insurance$3,006$1,289$4,295$8,590
Office Expenses$757$324$1,081$2,162
Total Functional Expenses$154,372$178,381$220,536$553,289

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,244,392
Expenses Not Reported on Form 990$691,103
Expenses per Audited Statements$553,289
Total Expenses per Form 990$553,289
Expenses Not Reported on Financial Statements$0
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
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“University of north carolina chapel hill is sole member”

Form 990, Part VI, Section A, Line 7A

“The university of north carolina chapel hill, the sole member of the organization, appoints board members”

Form 990, Part VI, Section A, Line 7B

“The university of north carolina chapel hill, as the sole member of the organization, reserves the right to make certain governance decisions of the organization.”

Form 990, Part VI, Section A, Line 8B

“No committee has the authority to act on behalf of the governing board.”

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

“The form 990 is reviewed by the organization's ceo and accountant prior to filing.”

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

“At each board meeting, board members are required to disclose any conflicts of interest that have arisen since the previous board meeting.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Readdi Inc
EIN
88-3812342
Phone
9193578326
Address
PO BOX 110087, DURHAM, NC 27709

Signing Officer

Name
James Rosen
Title
Chief Executive Officer
Phone
9193578326
Signed
2025-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Rosen
Formed
2020
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Blackman & Sloop Advisors Inc
Address
1414 RALEIGH ROAD SUITE 300, CHAPEL HILL, NC 27517
Preparer
Robert Lewis
Phone
9199428700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract services: program service expenses 112,275. Management and general expenses 48,119. Fundraising expenses 160,395. Total expenses 320,789.”

Form 990 Part XII, Line 2C

“The organization has an audit committee that is responsible for the selection of the independent auditors and oversight of the process.”

Raw XML AppendixShowing 400 of 576 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08000
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt094208
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE RAPIDLY EMERGING ANTIVIRAL DRUG DEVELOPMENT INITIATIVE (READDI) IS A NONPROFIT BIOTECHNOLOGY ORGANIZATION DEDICATED TO PREVENTING GLOBAL CATASTROPHES CAUSED BY VIRUSES. IT PLAYS A CLEAR, SPECIFIC AND CENTRAL ROLE IN THE WIDELY ACCEPTED THREE-PRONGED PANDEMIC PREPAREDNESS APPROACH INVOLVING DIAGNOSTICS, THERAPEUTICS AND VACCINES. READDI DEVELOPS THERAPEUTICS.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt0250000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JAMES ROSEN
IRS990/BooksInCareOfDetail/PhoneNum09193578326
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08 DAVIS DRIVE SUITE 220
IRS990/BooksInCareOfDetail/USAddress/CityNm0DURHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027709
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt011005
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01396063
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt037809
IRS990/CYOtherExpensesAmt0553289
IRS990/CYOtherRevenueAmt034174
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0914757
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0553289
IRS990/CYTotalFundraisingExpenseAmt0220536
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01468046
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0- READDI'S STANDING HAS RISEN IN THE GLOBAL PANDEMIC PREPAREDNESS COMMUNITY BY LEADING A NEWLY FORMED THERAPEUTICS DEVELOPMENT COALITION. READDI IS COLLABORATING WITH THE INTERNATIONAL PANDEMIC PREPAREDNESS COALITION, UNITAID, DRUGS FOR NEGLECTED DISEASES (DNDI) AND THE INTREPID ALLIANCE TO COORDINATE AND ACCELERATE THE DISCOVERY AND DEVELOPMENT OF ANTIVIRAL THERAPEUTIC FOR ACUTE AND ENDEMIC VIRAL DISEASES THAT HAVE THE POTENTIAL TO BECOME PANDEMICS.- IN CONJUNCTION WITH THE THERAPEUTICS DEVELOPMENT COALITION, READDI IS FOSTERING RELATIONSHIPS WITH GLOBAL HEALTHCARE LEADERS INTERESTED IN SUPPORTING DEVELOPMENT OF THERAPEUTICS FOR INFECTIOUS DISEASES.- READDI AUTHORED OR CO-AUTHORED SEVERAL PUBLISHED ARTICLES ON THE NECESSITY OF ANTIVIRAL DRUG DEVELOPMENT THAT WERE WELL RECEIVED BY THE GLOBAL COMMUNITY.- READDI'S GLOBAL NETWORK OF COLLABORATORS HAS GROWN FROM APPROXIMATELY 30 INSTITUTIONS TO APPROXIMATELY 65. - READDI'S POTENTIAL PIPELINE OF DRUG HITS, LEADS AND CANDIDATES HAS GROWN TO APPROXIMATELY 30 ACTIVE PROJECTS THAT WE ARE CLOSELY MONITORING FOR IN-LICENSING OPPORTUNITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0154372
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt056085
IRS990/FeesForServicesAccountingGrp/TotalAmt056085
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt029135
IRS990/FeesForServicesLegalGrp/TotalAmt029135
IRS990/FeesForServicesOtherGrp/FundraisingAmt0160395
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt048119
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0112275
IRS990/FeesForServicesOtherGrp/TotalAmt0320789
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt045773
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260023
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4100903
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt688678
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt978634
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1120621
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN BAMFORTH
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD BURR
IRS990/Form990PartVIISectionAGrp/PersonNm2J CHRISTOPHER CLEMENS
IRS990/Form990PartVIISectionAGrp/PersonNm3LAURENT FRAISSE
IRS990/Form990PartVIISectionAGrp/PersonNm4ANDY JOHNS
IRS990/Form990PartVIISectionAGrp/PersonNm5PERRIN JONES
IRS990/Form990PartVIISectionAGrp/PersonNm6NATHAN KNUFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7LYDIA OGDEN
IRS990/Form990PartVIISectionAGrp/PersonNm8TOM SHANAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm9BARBARA STEPHENSON
IRS990/Form990PartVIISectionAGrp/PersonNm10BRAD WILKEN
IRS990/Form990PartVIISectionAGrp/PersonNm11JAMES ROSEN
IRS990/Form990PartVIISectionAGrp/PersonNm12WILLIAM FLETCHER FAIREY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11266174
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12100928
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0381069
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2499995
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4326790
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6418894
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9319533
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11115824
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE VP OF BUSINESS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01468046
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt012150
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03645
IRS990/InformationTechnologyGrp/ProgramServicesAmt08504
IRS990/InformationTechnologyGrp/TotalAmt024299
IRS990/InsuranceGrp/FundraisingAmt04295
IRS990/InsuranceGrp/ManagementAndGeneralAmt01289
IRS990/InsuranceGrp/ProgramServicesAmt03006
IRS990/InsuranceGrp/TotalAmt08590
IRS990/InvestmentIncomeGrp/ExclusionAmt037809
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037809
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE RAPIDLY EMERGING ANTIVIRAL DRUG DEVELOPMENT INITIATIVE (READDI) IS A NONPROFIT BIOTECHNOLOGY ORGANIZATION DEDICATED TO PREVENTING GLOBAL CATASTROPHES CAUSED BY VIRUSES AND A LEADER IN THE THERAPEUTICS PILLAR OF THE 3-PRONGED PANDEMIC PREPAREDNESS AND RESPONSE STRUCTURE OF IPPS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0659606
IRS990/NetAssetsOrFundBalancesEOYAmt01574363
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt035012
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt01081
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0324
IRS990/OfficeExpensesGrp/ProgramServicesAmt0757
IRS990/OfficeExpensesGrp/TotalAmt02162
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt027000
IRS990/OtherExpensesGrp/TotalAmt027000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/ExclusionAmt034174
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt034174
IRS990/OtherRevenueTotalAmt034174
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES ROSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0791809
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08706
IRS990/PYOtherExpensesAmt0140909
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0659606
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0140909
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0800515
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0914757
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01146063
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0659606
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01574363
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0667606
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01657566
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01396063
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0791809
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02187872
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0691103
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0335090
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt01026193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt037809
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt08706
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt046515
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt034174
IRS990ScheduleA/OtherIncome170Grp/TotalAmt034174
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03029960
IRS990ScheduleA/SubstantialContributorsTotAmt0184105
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02087166
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01126899
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03214065
IRS990ScheduleA/TotalSupportAmt03294754
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
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0691103
IRS990ScheduleD/DonatedServicesUseFcltsAmt0691103
IRS990ScheduleD/ExpensesNotReportedAmt0691103
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0553289
IRS990ScheduleD/RevenueNotReportedAmt0691103
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01468046
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0553289
IRS990ScheduleD/TotalRevenuePerForm990Amt01468046
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02159149
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01244392
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4266174
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0499995
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1418894
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2326790
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3381069
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4115824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5319533
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt045639
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt180991
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt281264
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt345773
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt416405
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt578538
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt014384
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt17687
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt219639
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt44216
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt596
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0J CHRISTOPHER CLEMENS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1NATHAN KNUFFMAN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,668,571
Liabilities
$94,208
Net assets
$1,574,363
Revenue
$1,468,046
Expenses
$553,289
Net income
$914,757
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.32$0.25$1.07$0.62$1.13$0.50
2024Detailed filing. Detailed filing data is available for this year.$1.67$0.09$1.57$1.47$0.55$0.91
2023Detailed filing. Detailed filing data is available for this year.$0.67$0.01$0.66$0.80$0.14$0.66