ACCUMULUS SYNERGY INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ACCUMULUS SYNERGY INC (EIN 85-2130952)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202423189349304452
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T10:44:05-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582487348 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Aprio Advisory Group LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Rockville Pike Suite 600 | AddressLine1Txt |
| City | Rockville | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20850 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 852130952 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Accumulus Synergy Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACCU | BusinessNameControlTxt |
| Phone | 8006486438 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1534 Plaza Lane 210 | AddressLine1Txt |
| City | Burlingame | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94010 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Francisco Nogueira | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8006486438 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Stacy Cullen | PreparerPersonNm |
| PTIN | P00974308 | PTIN |
| Phone | 3012316200 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Francisco Nogueira | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1534 Plaza Lane 210 | AddressLine1Txt |
| City | Burlingame | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $792,653 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.accumulus.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2020 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | Accumulus Synergy is a global non-profit organization developing a next generation communication and collaboration platform that aims to transform the current methods of information and data exchange in the life science & regulatory ecosystem, ultimately benefiting patients around the globe. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 84 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,330,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,853 | PYInvestmentIncomeAmt |
| CY Investment Income | $769,098 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,250 | PYOtherRevenueAmt |
| CY Other Revenue | $23,547 | CYOtherRevenueAmt |
| PY Total Revenue | $17,341,103 | PYTotalRevenueAmt |
| CY Total Revenue | $792,645 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,007 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $9,212 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,904,292 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,524,236 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,916,799 | PYOtherExpensesAmt |
| CY Other Expenses | $17,441,251 | CYOtherExpensesAmt |
| PY Total Expenses | $25,822,098 | PYTotalExpensesAmt |
| CY Total Expenses | $35,974,699 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$8,480,995 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$35,182,054 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $63,672,359 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,286,015 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,620,671 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,416,381 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $59,051,688 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,869,634 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Accumulus Synergy is a global non-profit organization developing a next generation communication and collaboration platform that aims to transform the current methods of information and data exchange in the life science & regulatory ecosystem, ultimately benefiting patients around the globe. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | Key Program Service Achievements in 2023 included further development of the collaboration and information exchange platform for anticipated launch in 2024, engagement with National Regulatory Authorities including the creation of a Regulator Forum, and gathering use case requirements from industry organizations. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 21 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 84 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jack Quigley | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8006486438 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1534 Plaza Lane Suite 210 | AddressLine1Txt |
| City | Burlingame Suite | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94010 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Jacques Mascaro | ||||||||
| Board Member (JAN-MAR)/Chair (MAR-DEC) | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Jeremy Chadwick | ||||||||
| Chair (JAN-MAR) | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Helen Fitton | ||||||||
| Board Member | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Darrell Hicks | ||||||||
| Board Member | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Aditi Kumar | ||||||||
| Board Member | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Eddie Reilly | ||||||||
| Board Member | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Michael Robbins | ||||||||
| Board Member | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Mark Taisey | ||||||||
| Board Member | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Patti Compton | ||||||||
| Board Member (MAR-DEC) | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Nahid Latif | ||||||||
| Board Member (JUN-DEC) | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Hal Stern | ||||||||
| Board Member (JUN-DEC) | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Stef Schutte | ||||||||
| Board Member (SEP-DEC) | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Jeff Francer | ||||||||
| Board Member (NOV-DEC) | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Jerry Stewart | ||||||||
| Board Member (JAN-FEB) | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Karin Van Baelen | ||||||||
| Board Member (JAN-MAR) | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Susanne Gronen | ||||||||
| Board Member (JAN-JUN) | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Pandu Kulkarni | ||||||||
| Board Member (JAN-SEP) | 1.50 | Yes (X) | $0 | $0 | $0 | |||
| Nogueira Francisco | ||||||||
| Chief Executive Officer | 40.00 | Yes (X) | $901,960 | $0 | $0 | |||
| Alexander Kramer | ||||||||
| Head Of Finance | 40.00 | Yes (X) | $328,914 | $0 | $0 | |||
| Khushboo Sharma | ||||||||
| Chief Regulatory Innovation Officer | 40.00 | $485,028 | $0 | $0 | Yes (X) | |||
| Jillian Riley | ||||||||
| General Counsel | 40.00 | $368,566 | $0 | $0 | Yes (X) | |||
| William Gibson | ||||||||
| VP of Product (JAN-MAR)/CTO (APR-DEC) | 40.00 | $367,582 | $0 | $0 | Yes (X) | |||
| Kaarin Gordon | ||||||||
| Chief Growth Officer (MAY-DEC) | 40.00 | $225,129 | $0 | $0 | Yes (X) | |||
| Dominique Lagrave | ||||||||
| VP Regulatory Innovation | 40.00 | $387,095 | $0 | $0 | Yes (X) | |||
| Michael Banham | ||||||||
| VP Engineering (JAN-SEP) | 40.00 | $334,668 | $0 | $0 | Yes (X) | |||
| Marvin Larry | ||||||||
| Chief Information Security Officer (JAN-NOV) | 40.00 | $315,772 | $0 | $0 | Yes (X) | |||
| John Quigley | ||||||||
| Head of Business Operations | 40.00 | $275,715 | $0 | $0 | Yes (X) | |||
| Nahed Khairallah | ||||||||
| Non-Exec (JAN-SEPT)/Exec (OCT-DEC) | 40.00 | $213,200 | $0 | $0 | Yes (X) | |||
| Lessie Russell | ||||||||
| VP Business Development (JAN-AUG) | 40.00 | $185,974 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,389,603 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 57 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NNIT INC | |||||
| 90 Washington Valley Rd | Bedminster | NJ | 07291 | Staff Augmentation | $3,075,862 |
| Coherent Solutions Inc | |||||
| 1600 Utica Ave S Suite 120 | Minneapolis | MN | 55416 | Staff Augmentation | $2,643,324 |
| Proximity Lab LLC | |||||
| 104 Congress Street Suite 304 | Portsmouth | NH | 03801 | Staff Augmentation | $1,799,000 |
| Protiviti Inc | |||||
| 12269 Collections Center | Chicago | IL | 60693 | Consulting - Software Development | $1,506,091 |
| Covington & Burling LLP | |||||
| One City Center 850 Tenth Street | Washington | DC | 200014956 | Legal Services | $854,037 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 23 | CntrctRcvdGreaterThan100KCnt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $769,106 | TotalRevenueColumnAmt |
| Exclusion | $769,106 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$8 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$8 | TotalRevenueColumnAmt |
| Exclusion | -$8 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $23,547 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,547 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $23,547 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $792,645 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,547 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $769,098 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,212 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,767,677 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,632,567 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,397 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,680,962 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,008,633 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $933,113 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,203 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,942,701 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,870 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $765,458 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,737,325 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,093 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $580,747 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,924 | TotalAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Payroll Processing | Desc |
| Total | $111,817 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,974,699 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,570,858 | BOYAmt |
| EOY | $19,785,358 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,509,190 | BOYAmt |
| EOY | $85,637 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,330,000 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $262,311 | BOYAmt |
| EOY | $545,795 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $7,808,822 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $60,403 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,672,359 | BOYAmt |
| EOY | $28,286,015 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,620,671 | BOYAmt |
| EOY | $4,416,381 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,620,671 | BOYAmt |
| EOY | $4,416,381 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,051,688 | BOYAmt |
| EOY | $23,869,634 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,051,688 | BOYAmt |
| EOY | $23,869,634 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,672,359 | BOYAmt |
| EOY | $28,286,015 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$35,182,054 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | Yes (1) | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (1) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Certificate of Deposit | Desc |
| Book Value | $7,808,822 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $7,808,822 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,685,176 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $892,531 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $892,531 | RevenueNotReportedAmt |
| Revenue Subtotal | $792,645 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $792,645 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $36,867,230 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $892,531 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $892,531 | ExpensesNotReportedAmt |
| Expenses Subtotal | $35,974,699 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $35,974,699 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Organization follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Management evaluated the Organization's tax positions and concluded that the Organization has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. For the years ended December 31, 2023 and 2022, no unrecognized tax positions or benefit exists. Tax years from 2020 through the current year remain open for examination by tax authorities. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nogueira Francisco | ||||||||||||||
| Chief Executive Officer | $638,710 | $0 | $263,250 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $901,960 | $0 | $0 | $0 |
| Khushboo Sharma | ||||||||||||||
| Chief Regulatory Innovation Officer | $438,828 | $0 | $46,200 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $485,028 | $0 | $0 | $0 |
| Dominique Lagrave | ||||||||||||||
| VP Regulatory Innovation | $294,470 | $0 | $92,625 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $387,095 | $0 | $0 | $0 |
| Jillian Riley | ||||||||||||||
| General Counsel | $308,566 | $0 | $60,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $368,566 | $0 | $0 | $0 |
| William Gibson | ||||||||||||||
| VP of Product (JAN-MAR)/CTO (APR-DEC | $331,332 | $0 | $36,250 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $367,582 | $0 | $0 | $0 |
| Michael Banham | ||||||||||||||
| VP Engineering (JAN-SEP) | $280,418 | $0 | $54,250 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $334,668 | $0 | $0 | $0 |
| Alexander Kramer | ||||||||||||||
| Head Of Finance | $288,414 | $0 | $40,500 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $328,914 | $0 | $0 | $0 |
| Marvin Larry | ||||||||||||||
| Chief Information Security Officer ( | $275,147 | $0 | $40,625 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $315,772 | $0 | $0 | $0 |
| John Quigley | ||||||||||||||
| Head of Business Operations | $227,975 | $0 | $47,740 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $275,715 | $0 | $0 | $0 |
| Kaarin Gordon | ||||||||||||||
| Chief Growth Officer (MAY-DEC) | $225,129 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $225,129 | $0 | $0 | $0 |
| Nahed Khairallah | ||||||||||||||
| Non-Exec (JAN-SEPT)/Exec (OCT-DEC) | $200,000 | $0 | $13,200 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $213,200 | $0 | $0 | $0 |
| Lessie Russell | ||||||||||||||
| VP Business Development (JAN-AUG) | $150,974 | $0 | $35,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $185,974 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 4a | Michael Banham received a separation payment in 2023. Lessie Russell and Marvin Larry received separation payments but not until 2024. |
| Part I, Line 7 | The organization periodically pays discretionary bonuses to employees in recognition of performance. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | There is one class of voting members that is open to any biopharmaceutical entity interested in supporting the mission and purpose of Accumulus Synergy. Additionally, there is one class of non-voting members, which consists of any person or entity that supports the mission and purpose of Accumulus Synergy. |
| Form 990, Part VI, Section A, line 7a | Each voting member, as described in Part VI, Line 6, has the right to appoint one individual to serve as a Director. |
| Form 990, Part VI, Section B, line 11b | The IRS Form 990 is presented to the Finance Committee of the Board of Directors and subsequently shared with the full Board of Directors |
| Form 990, Part VI, Section B, line 12c | Pursuant to the Conflict-of-Interest Policy, the Board of Directors monitors and enforces compliance with the Conflict of Interest Policy. Officers, Directors, and key employees are required to disclose any transaction that may result in a potential conflict of interest. A potentially conflicted person may make a presentation to the Board at a meeting where the transaction is deliberated but must leave the meeting and not take part in any discussion of, or vote on, the transaction |
| Form 990, Part VI, Section B, line 15 | The Finance Committee is composed of members of the Board. It sets salary bands for various positions, including the total compensation package for the Chief Executive Officer. Additionally, the Committee participates in the interview process for key employees and officers. |
| Form 990, Part VI, Section C, line 19 | Governing documents and financial statements will be made available upon request. |
| Form 990, Part IX, line 11g | Staff Augmentation 9,186,335. Consulting 1,653,513. Recruiter Contracts 1,087,768. Other Professional Services 15,085. |
| FORM 990, PART XII, LINE 2C: | The Board of Directors has responsibility for the oversight and approval of the independent audit, with prior review and engagement of the Finance Committee. The oversight process has not changed from prior years. |