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San Diego Biomedical Research Institute

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Diseases, Disorders, Medical Disciplines / Cancer (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$6.23M (2023)

Expenses
$7.39M (2023)

Total Assets
$17.5M (2023)

Total Liabilities
$19.8M (2023)

Source: Form 990 tax filings from 2014 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,229,349
Expenses
$7,394,007
Net Income
-$1,164,658
Net Assets
-$2,225,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,089,666
97.8%
Program Services $91,456
1.5%
Investment Income $48,227
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $910,595
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,388,733
18.8%
Assets/Debt
Total Assets $17,549,471
Total Liabilities $19,774,991
Net Assets -$2,225,520
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Gilbert (Assoc Professor) $222,716 $0 $22,032
Joanna Davies (President & Ceo) $214,803 $0 $35,559
James Binley (Professor) $196,116 $0 $41,469
David Milner (Professor) $160,678 $0 $38,247
Roberto Baccala (Assoc Professor) $150,000 $0 $11,638
Bruno Conti (Professor) $129,151 $0 $2,782
Takanori Otomo Phd (Assoc Professor) $116,271 $0 $24,440
Maria Cecilia G Marcondes (Assoc Professor) $102,279 $0 $26,300
Christine Auciello (Accting Mgr) $94,716 $0 $23,097
Cary Thomas (Chairman) $0 $0 $0
Sheila Ferguson (Treasurer) $0 $0 $0
Mark Hargreaves (Director) $0 $0 $0
Richard Woltman (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,457,678
Expenses
$6,759,977
Net Income
-$1,302,299
Net Assets
-$1,060,862
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,439,529
99.7%
Program Services $18,149
0.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $796,183
11.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,506,619
22.3%
Assets/Debt
Total Assets $931,015
Total Liabilities $1,991,877
Net Assets -$1,060,862
Compensation
Key Employees and Officers Compensation Related Other
Joanna Davies (President & Ceo) $213,749 $0 $46,854
James Binley (Principal Investigator) $185,549 $0 $34,133
David Milner (Professor) $157,092 $0 $16,333
Matthew Devol (Sr Finance Dir) $130,311 $0 $565
Laurent Verkoczy (Principal Investig) $123,463 $0 $15,249
David Gilbert (Assoc Professor) $109,907 $0 $25,703
Maria Cecilia G Marcondes (Assoc Professor) $105,800 $0 $36,736
Robert Baccala (Professor) $100,000 $0 $285
Cary Thomas (Chairman) $0 $0 $0
Sheila Ferguson (Treasurer) $0 $0 $0
Mark Hargreaves (Director) $0 $0 $0
Richard Woltman (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,504,252
Expenses
$5,521,642
Net Income
-$17,390
Net Assets
$241,437
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,504,252
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $639,253
11.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,680,976
30.4%
Assets/Debt
Total Assets $909,214
Total Liabilities $667,777
Net Assets $241,437
Compensation
Key Employees and Officers Compensation Related Other
Joanna Davies (President & Ceo) $213,176 $0 $47,463
Laurent Verkoczy (Principal Investigator) $203,579 $0 $22,885
James Binley (Principal Investigator) $194,028 $0 $45,981
Celine Dermardirossian (Professor) $116,942 $0 $21,759
Marilyn Diaz (Assoc Professor) $115,447 $0 $37,936
Maria Cecilia G Marcondes (Assoc Professor) $115,154 $0 $28,732
Wael Elshamy (Assoc Professor) $114,926 $0 $37,936
Richard Milner (Professor) $106,426 $0 $37,053
Cary Thomas (Chairman) $0 $0 $0
Sheila Ferguson (Treasurer) $0 $0 $0
Mark Hargreaves (Director) $0 $0 $0
Richard Woltman (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,289,061
Expenses
$5,168,390
Net Income
$120,671
Net Assets
$258,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,241,067
99.1%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $47,994
0.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $634,952
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,618,070
31.3%
Assets/Debt
Total Assets $931,167
Total Liabilities $672,340
Net Assets $258,827
Compensation
Key Employees and Officers Compensation Related Other
Joanna Davies (President & Ceo) $240,906 $0 $49,717
Laurent Verkoczy (Principal Investigator) $198,887 $0 $19,244
James Binley (Principal Investigator) $180,530 $0 $43,977
Wael Elshamy (Assoc Professor) $118,105 $0 $37,593
Marilyn Diaz (Assoc Professor) $113,453 $0 $33,888
Maria Cecilia G Marcondes (Assoc Professor) $103,198 $0 $25,296
Jeff Steindorf (Di R/ Chairman) $0 $0 $0
Barbara Lamb (Secretary) $0 $0 $0
Sheila Ferguson (Treasurer) $0 $0 $0
Mark Hargreaves (Director) $0 $0 $0
Cary Thomas (Dir/Chairman) $0 $0 $0
Richard Waltman (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,158,429
Expenses
$4,044,421
Net Income
$114,008
Net Assets
$138,156
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,158,429
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $610,822
15.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,157,404
28.6%
Assets/Debt
Total Assets $691,169
Total Liabilities $553,013
Net Assets $138,156
Compensation
Key Employees and Officers Compensation Related Other
James Binley (Principal Investigator) $176,588 $0 $43,077
Laurent Verkoczy (Principal Investigator) $152,791 $0 $11,612
Wael Elshamy (Assoc Professor) $113,288 $0 $32,056
Joanna Davies (President & Ceo) $110,044 $0 $25,774
Jeff Steindorf (Di R/ Chairman) $0 $0 $0
John Bauer (Former Chairman) $0 $0 $0
Barbara Lamb (Secretary) $0 $0 $0
Sheila Ferguson (Treasurer) $0 $0 $0
Mark Hargreaves (Director) $0 $0 $0
Cary Thomas (Director) $0 $0 $0
Richard Waltman (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,616,405
Expenses
$2,629,032
Net Income
-$12,627
Net Assets
$24,148
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,616,405
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $271,439
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $741,883
28.2%
Assets/Debt
Total Assets $428,284
Total Liabilities $404,136
Net Assets $24,148
Compensation
Key Employees and Officers Compensation Related Other
James Binley (Principal Investigator) $187,268 $0 $40,636
Joanna Davies (President & Ceo) $106,787 $0 $23,193
Jeff Steindorf (Director) $0 $0 $0
John Bauer (Chairman) $0 $0 $0
Barbara Lamb (Secretary) $0 $0 $0
Sheila Ferguson (Treasurer) $0 $0 $0
Mark Hargreaves (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,540,856
Expenses
$2,528,958
Net Income
$11,898
Net Assets
$36,775
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,540,856
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $322,280
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $588,549
23.3%
Assets/Debt
Total Assets $157,091
Total Liabilities $120,316
Net Assets $36,775
Compensation
Key Employees and Officers Compensation Related Other
James Binley (Principal Investigator) $192,201 $0 $40,875
Joanna Davies (President/Chair) $134,798 $0 $27,143
Jeff Steindorf (Director) $0 $0 $0
John Bauer (Treasurer) $0 $0 $0
Barbara Lamb (Secretary) $0 $0 $0
Tim Orlando (Director) $0 $0 $0
Roberta Gottlieb (Former Sec) $0 $0 $0
Michael Gillette (Director) $0 $0 $0
Argyrios Theophilopoulos (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,854,685
Expenses
$2,850,153
Net Income
$4,532
Net Assets
$24,877
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,854,408
100.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $277
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $307,285
10.8%
Professional Fundraising Fees $0
Other Salaries and Wages $740,217
26.0%
Assets/Debt
Total Assets $230,345
Total Liabilities $205,468
Net Assets $24,877
Compensation
Key Employees and Officers Compensation Related Other
James Binley (Principal Investigator) $185,620 $0 $38,793
Joanna Davis (President/Chair) $119,719 $0 $26,093
Robert Gottlieb (Secretary) $0 $0 $0
John Bauer (Treasurer) $0 $0 $0
Michael Gillette (Director) $0 $0 $0
Tim Orlando (Director) $0 $0 $0
Argyrios Theophilopoulos (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,585,270
Expenses
$2,565,175
Net Income
$20,095
Net Assets
$20,345
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,585,270
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $103,822
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $701,363
27.3%
Assets/Debt
Total Assets $430,335
Total Liabilities $409,990
Net Assets $20,345
Compensation
Key Employees and Officers Compensation Related Other
James Binley (Princ Investigator) $116,307 $0 $9,734
Joanna Davies (Chairman) $71,514 $0 $5,475
Tim Orlando (Director) $0 $0 $0
Roberta Gottlieb (Secretary) $0 $0 $0
Argyrios Theophilopoulos (Director) $0 $0 $0
Michael Gillette (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$393,839
Expenses
$393,589
Net Income
$250
Net Assets
$250
Notable Sources of Revenue Percent of Total Revenue
Contributions $393,839
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,501
6.2%
Professional Fundraising Fees $0
Other Salaries and Wages $113,569
28.9%
Assets/Debt
Total Assets $154,764
Total Liabilities $154,514
Net Assets $250

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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