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TRANSCELERATE BIOPHARMA INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
TRANSCELERATE BIOPHARMA INC (EIN 46-0886344)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-05-08
IRS object ID
201731289349300623
Schema version
2016v3.0
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

FieldValueIRS element (for citing)
Return2017-05-08T08:42:41-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131639826PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EISNERAMPER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1130 NORTH 18TH STREET SUITE 3000AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191032757ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460886344EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRANSCELERATE BIOPHARMA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTRANBusinessNameControlTxt
Phone4845391230PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 FOUR FALLS CORP CENTER NO 655AddressLine1Txt
CityWEST CONSHOHOCKENCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19428ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDALVIR GILL PHDPersonNm
Person TitleCEOPersonTitleTxt
Phone4845391230PhoneNum
Signature2017-04-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHELEN M MARTINPreparerPersonNm
PTINP01330899PTIN
Phone2158818800PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.238.150.4IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-04-24IPDt
IP Tm16:01:40IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDBDF583CE31E3164A18CA5FE06236636278EF75BAtSubmissionCreationDeviceId
At Submission Filing Device IdF81DCA92B917B4887B7FAF71296E4FB236FABEB0AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerDALVIR GILL PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 FOUR FALLS CORP CENTER NO 655AddressLine1Txt
CityWEST CONSHOHOCKENCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19428ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$20,679,184GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.TRANSCELERATEBIOPHARMAINC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionIMPROVE THE HEALTH OF PEOPLE IN THE WORLD BY ENHANCING THE R&D OF INNOVATIVE THERAPIES.TRANSCELERATE BIOPHARMA INC. IS A NON-PROFIT ORGANIZATION DEDICATED TO IMPROVING THE HEALTH OF PEOPLE AROUND THE WORLD BY ACCELERATING AND ENHANCING THE RESEARCH AND DEVELOPMENT (R&D) OF INNOVATIVE NEW THERAPIES. THE ORGANIZATION'S MISSION IS TO COLLABORATE ACROSS THE GLOBAL BIOPHARMACEUTICAL R&D COMMUNITY TO IDENTIFY, DESIGN AND FACILITATE IMPLEMENTATION OF SOLUTIONS DESIGNED TO DRIVE THE EFFICIENT, EFFECTIVE AND HIGH QUALITY DELIVERY OF NEW MEDICINES.MEMBERSHIP IN TRANSCELERATE IS OPEN TO BIOPHARMACEUTICAL COMPANIES WITH RESEARCH & DEVELOPMENT OPERATIONS.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$25,400,000PYProgramServiceRevenueAmt
CY Program Service Revenue$20,620,000CYProgramServiceRevenueAmt
PY Investment Income$65,264PYInvestmentIncomeAmt
CY Investment Income$59,184CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$25,465,264PYTotalRevenueAmt
CY Total Revenue$20,679,184CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,386,042PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,631,766CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$12,883,454PYOtherExpensesAmt
CY Other Expenses$20,096,938CYOtherExpensesAmt
PY Total Expenses$16,269,496PYTotalExpensesAmt
CY Total Expenses$23,733,704CYTotalExpensesAmt
PY Revenues Less Expenses$9,195,768PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,054,520CYRevenuesLessExpensesAmt
Total Assets BOY$43,370,074TotalAssetsBOYAmt
Total Assets EOY$44,721,813TotalAssetsEOYAmt
Total Liabilities BOY$24,062,150TotalLiabilitiesBOYAmt
Total Liabilities EOY$28,468,410TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$19,307,924NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$16,253,403NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTRANSCELERATE BIOPHARMA INC. IS DEDICATED TO IMPROVING THE HEALTH OF PEOPLE AROUND THE WORLD BY ACCELERATING AND ENHANCING THE RESEARCH AND DEVELOPMENT (R&D) OF INNOVATIVE NEW THERAPIES.THE ORGANIZATION'S MISSION IS TO COLLABORATE ACROSS THE GLOBAL BIOPHARMACEUTICAL R&D COMMUNITY TO IDENTIFY AND TO COLLABORATE ACROSS THE DESIGN AND FACILITATE IMPLEMENTATION OF SOLUTIONS DESIGNED TO DRIVE THE EFFICIENT, EFFECTIVE AND HIGH QUALITY DELIVERY OF NEW MEDICINES. TRANSCELERATE EVOLVED FROM CONVERSATIONS AT VARIOUS FORUMS FOR EXECUTIVE R&D LEADERSHIP TO DISCUSS CURRENT ISSUES FACING THE INDUSTRY, AND EXAMINE SOLUTIONS FOR ADDRESSING COMMON CHALLENGES.MEMBERSHIP IN TRANSCELERATE IS OPEN TO BIOPHARMACEUTICAL COMPANIES WITH RESEARCH & DEVELOPMENT OPERATIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$17,930,739ExpenseAmt
Revenue$20,620,000RevenueAmt
DescIN 2016, TRANSCELERATE DELIVERED THE FOLLOWING ACCOMPLISHMENTS:LAUNCHED A NEW RELEASE OF THE INVESTIGATOR REGISTRY AND ALSO LAUNCHED THE SHARED INVESTIGATOR PLATFORM THAT WILL GREATLY ENHANCE COMMUNICATION BETWEEN CLINICAL TRIAL SPONSORS AND CLINICAL TRIAL INVESTIGATORS TRIAL INVESTIGATORS. 10 MEMBER COMPANIES HAVE JOINED AND ARE ACTIVELY SHARING DATA IN THE INVESTIGATOR REGISRY. 3 MEMBER COMPANIES HAVE ADOPTED THE SHARED INVETIGATOR PLATFORM AND ARE USING IT WITH NEW STUDIES.RELEASED A BASIC AND TECHNOLOGY ENABLED VERSION OF A COMMON PROTOCOL TEMPLATE, DOWNLOADED MORE THAN 1400 TIMES ACROSS 500+ ORGANIZATIONS IN 10 MONTHS SINCE RELEASE.CONTINUED TO PARTNER WITH THE STANDARD-SETTING ORGANIZATION CLINICAL DATA INTERCHANGE STANDARDS CONSORTIUM, INC. TO DELIVER INDUSTRY-WIDE THERAPEUTIC AREA STANDARDS IN THE AREAS OF COPD, TUBERCULOSIS, BREAST CANCER, KIDNEY TRANSPLANT, RHEUMATOID ARTHRITIS, MAJOR DEPRESSIVE DISORDER, PAIN, DIABETIC KIDNEY DISEASE, EBOLA AND MALARIA.CREATED AND LAUNCHED A PLATFORM TO SHARE PLACEBO DATA FROM CLINICAL STUDIES ACROSS PARTICIPATING CLINICAL TRIAL SPONSOR COMPANIES. PUBLISHED 3 SIGNIFICANT PAPERS (CLINICAL QUALITY MANAGEMENT SYSTEM CONCEPT PAPER, ISSUE MANAGEMENT, AND KNOWLEDGE MANAGEMENT) ARTICULATING PRINCIPLES FOR A PROACTIVE QUALITY APPROACH TO ALL STAGES OF CLINICAL RESEARCH.PUBLISHED A MODEL APPROACH FOR DATA DE-IDENTIFICATION AND ANONYMIZATION OF INDIVIDUAL PATIENT DATA IN CLINICAL STUDIES.THE ELABELS INITIATIVE HAD THREE SIGNIFICANT DELIVERIES: (1) A PROOF OF CONCEPT FOR ELECTRONIC LABELS FOR CLINICAL TRIAL SUPPLIES; (2) A ROBUST IMPLEMENTATION TOOLKIT TO GUIDE ORGANIZATIONS ON THE TRANSITION TO ELABELS, WHICH WAS RELEASED TO TRANSCELERATE MEMBER COMPANIES; AND (3) A RIGOROUS EXTERNAL ENGAGEMENT APPROACH WHICH INCLUDED NUMEROUS SESSIONS WITH PATIENTS, SITES AND GLOBAL HEALTH AUTHORITIES TO SECURE FEEDBACK.THE E-CONSENT INITIATIVE LAUNCHED A DRAFT VERSION OF E-CONSENT IMPLEMENTATION GUIDANCE FOR PUBLIC COMMENT. TRANSCELERATE ALSO LAUNCHED NEW INITIATIVES FOCUSED ON CLINICAL TRIAL AWARENESS, ACCESS, PATIENT EXPERIENCE AND PATIENT TECHNOLOGY.BIOCELERATE'S TOXICOLOGY DATA SHARING INITIATIVE FINALIZED DETAILED BUSINESS REQUIREMENTS & USE CASES FOR SHARING TOXICOLOGY & BACKGROUND CONTROL DATA ACROSS PARTICIPATING MEMBER COMPANIES.Desc
Total Program Service Expenses$17,930,739TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee12EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANTHONY GARGES ASSOCIATE DIRECTOR OF FINANCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4845391235PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 FOUR FALLS CORP CENTER SUITEAddressLine1Txt
CityWEST CONSHOHOCKENCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19428ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
IRIS LOEW-FRIEDRICH
CHAIR OF BOARD OF DIRECTOR0.50Yes (X)$0$0$0
ELLIOTT LEVY
VICE CHAIR OF BOARD OF DIR0.50Yes (X)$0$0$0
ALISE REICIN
BOARD MEMBER0.50Yes (X)$0$0$0
BERNHARDT ZEIHER
BOARD MEMBER0.50Yes (X)$0$0$0
CHRISTOPHER CORSICO
BOARD MEMBER0.50Yes (X)$0$0$0
DAVID NICHOLSON
BOARD MEMBER0.50Yes (X)$0$0$0
ELIAS ZERHOUNI
BOARD MEMBER0.50Yes (X)$0$0$0
JAN LUNDBERG
BOARD MEMBER0.50Yes (X)$0$0$0
MICHELLE ROHRER
BOARD MEMBER0.50Yes (X)$0$0$0
PATRICK VALLANCE
BOARD MEMBER0.50Yes (X)$0$0$0
PATRIZIA CAVAZZONI
BOARD MEMBER0.50Yes (X)$0$0$0
PAUL STOFFELS
BOARD MEMBER0.50Yes (X)$0$0$0
PETER KRISTENSEN
BOARD MEMBER0.50Yes (X)$0$0$0
PETER RONCO
BOARD MEMBER0.50Yes (X)$0$0$0
ROB SCOTT
BOARD MEMBER0.50Yes (X)$0$0$0
ROY BAYNES
BOARD MEMBER0.50Yes (X)$0$0$0
SEAN BOHEN
BOARD MEMBER0.50Yes (X)$0$0$0
TAKUKO YAMADA-SAWADA
BOARD MEMBER0.50Yes (X)$0$0$0
DALVIR GILL
CHIEF EXECUTIVE OFFICER40.00Yes (X)$1,528,004$0$51,807Yes (X)
LYNN MARKS
CORPORATE SECRETARY0.50$0$0$0Yes (X)
ANDREW LEE
TREASURER0.50$0$0$0Yes (X)
JANICE CHANG
SENIOR VICE PRESIDENT OF GLOBAL OPERATIONS40.00$446,425$0$32,736Yes (X)
JENNIFER A BURGESS
SENIOR DIRECTOR OF COMMUNICATIONS40.00$261,847$0$37,107Yes (X)
SARAH L PLUSH
DIRECTOR OF OPERATIONS40.00$151,757$0$19,767Yes (X)
CARA L RINALDI
SENIOR DIRECTOR OF PORTFOLIO MANAGEMENT40.00$192,733$0$38,651Yes (X)
ANTHONY GARGES
ASSOCIATE DIRECTOR OF FINANCE40.00$157,299$0$22,853Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,738,065TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$202,921TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/ForeignAddress/AddressLine1TxtCityContractorAddress/ForeignAddress/CityNmCountryContractorAddress/ForeignAddress/CountryCdForeign PostalContractorAddress/ForeignAddress/ForeignPostalCd
ACCENTURE LLP
161 N CLARK STREETCHICAGOIL60601CONSULTING & IT SERVICES$7,598,455
KILPATRICK TOWNSEND
601 14TH STREET NW SUITE 900WASHINGTONDC20005LEGAL SERVICES$2,205,503
KINAPSE LIMITED
CONSULTING$1,562,31527-37 ST GEORGES ROADLONDONUKSW194 4EU
COGNIZANT
211 QUALITY CIRCLECOLLEGE STATIONTX77845IT SERVICES$1,404,605
YOH SERVICES LLC
PO BOX 654068DALLASTX75265CONSULTING$1,380,861
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K16CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP DUESDesc
Business900099BusinessCd
Total Revenue Column$20,620,000TotalRevenueColumnAmt
Related Or Exempt Func Income$20,620,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$20,620,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$59,184TotalRevenueColumnAmt
Exclusion$59,184ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,679,184TotalRevenueColumnAmt
Related Or Exempt Func Income$20,620,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$59,184ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,000TotalAmt
Program Services$5,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,058,973TotalAmt
Management And General$2,058,973ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,237,013TotalAmt
Program Services$338,816ProgramServicesAmt
Management And General$898,197ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$40,087TotalAmt
Program Services$12,364ProgramServicesAmt
Management And General$27,723ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$185,987TotalAmt
Management And General$185,987ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$109,706TotalAmt
Program Services$18,767ProgramServicesAmt
Management And General$90,939ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,177,884TotalAmt
Program Services$1,645,742ProgramServicesAmt
Management And General$532,142ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$138,935TotalAmt
Management And General$138,935ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$15,650,529TotalAmt
Program Services$14,946,840ProgramServicesAmt
Management And General$703,689ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$93,277TotalAmt
Program Services$54,685ProgramServicesAmt
Management And General$38,592ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$161,818TotalAmt
Management And General$161,818ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$675,756TotalAmt
Program Services$535,088ProgramServicesAmt
Management And General$140,668ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$101,710TotalAmt
Management And General$101,710ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$197,293TotalAmt
Program Services$101,719ProgramServicesAmt
Management And General$95,574ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$420,735TotalAmt
Program Services$270,761ProgramServicesAmt
Management And General$149,974ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,518TotalAmt
Management And General$2,518ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$109,304TotalAmt
Management And General$109,304ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
FACILITIES COSTS$227,068$227,068
BAD DEBT$86,667$86,667
RECRUITING$45,226$45,226
DUES$5,321$4,821$500

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,897TotalAmt
Program Services$457ProgramServicesAmt
Management And General$2,440ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,733,704TotalAmt
Program Services$17,930,739ProgramServicesAmt
Management And General$5,802,965ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,841,650BOYAmt
EOY$2,026,630EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$20,201,922BOYAmt
EOY$21,694,408EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$20,186,667BOYAmt
EOY$20,833,333EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$122,906BOYAmt
EOY$153,031EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,458LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$11,894LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,082BOYAmt
EOY$2,564EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$11,847BOYAmt
EOY$11,847EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$43,370,074BOYAmt
EOY$44,721,813EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,442,150BOYAmt
EOY$5,135,077EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$20,620,000BOYAmt
EOY$23,333,333EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,062,150BOYAmt
EOY$28,468,410EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$19,307,924BOYAmt
EOY$16,253,403EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$19,307,924BOYAmt
EOY$16,253,403EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$43,370,074BOYAmt
EOY$44,721,813EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$3,054,520ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,202OtherCostOrOtherBasisAmt
Depreciation$4,202DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,256OtherCostOrOtherBasisAmt
Depreciation$7,692DepreciationAmt
Book Value$2,564BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,564TotalBookValueLandBuildingsAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DALVIR GILL
CHIEF EXECUTIVE OFFICER$555,295$0$972,709$0$0$0$10,600$0$41,207$0$1,579,811$0$0$0
JANICE CHANG
SENIOR VICE PRESIDENT OF GLOBAL OPER$336,958$0$95,753$0$13,714$0$10,600$0$22,136$0$479,161$0$0$0
JENNIFER A BURGESS
SENIOR DIRECTOR OF COMMUNICATIONS$214,847$0$47,000$0$0$0$10,525$0$26,582$0$298,954$0$0$0
SARAH L PLUSH
DIRECTOR OF OPERATIONS$128,007$0$23,750$0$0$0$2,162$0$17,605$0$171,524$0$0$0
CARA L RINALDI
SENIOR DIRECTOR OF PORTFOLIO MANAGEM$157,933$0$34,800$0$0$0$7,760$0$30,891$0$231,384$0$0$0
ANTHONY GARGES
ASSOCIATE DIRECTOR OF FINANCE$128,319$0$28,980$0$0$0$6,318$0$16,535$0$180,152$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE TRANSCELERATE EXECUTIVE COMMITTEE PREPARES AND APPROVES THE COMPENSATION PACKAGE OF THE CEO.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE MEMBERS OF THE CORPORATION CONSIST OF SUCH FIRMS AND CORPORATIONS THAT ARE APPROVED FOR MEMBERSHIP FROM TIME TO TIME BY THE BOARD OF DIRECTORS OR ITS DESIGNEES IN ACCORDANCE WITH THE POLICIES AND PROCEDURES OF THE CORPORATION. THE CORPORATION HAS THE FOLLOWING CATEGORIES OF MEMBERS: A. TIER I MEMBERS - TO BE ELIGIBLE FOR TIER I MEMBERSHIP, A FIRM OR CORPORATION MUST BE A PHARMACEUTICAL OR BIOTECHNOLOGY COMPANY WITH AN ANNUAL BUDGET FOR RESEARCH AND DEVELOPMENT IN EXCESS OF $2.5 BILLION. ELIGIBILITY FOR TIER I MEMBERSHIP IS ESTABLISHED BASED UPON A COMPANY'S PUBLICALLY AVAILABLE RESEARCH AND DEVELOPMENT EXPENDITURES OVER THE THREE (3) YEAR PERIOD PRECEDING THE DATE THE COMPANY APPLIES TO JOIN THE CORPORATION. THE INITIAL TIER I MEMBERS ARE FURTHER DEFINED AS THE "CHARTER MEMBERS." B. TIER II MEMBERS - TO BE ELIGIBLE FOR TIER II MEMBERSHIP, A FIRM OR CORPORATION MUST BE A PHARMACEUTICAL OR BIOTECHNOLOGY COMPANY WITH AN ANNUAL BUDGET FOR RESEARCH AND DEVELOPMENT THAT IS LESS THAN $2.5 BILLION BUT MORE THAN $100 MILLION. ELIGIBILITY FOR TIER II MEMBERSHIP WILL BE ESTABLISHED BASED UPON A COMPANY'S PUBLICALLY AVAILABLE RESEARCH AND DEVELOPMENT EXPENDITURES OVER THE THREE (3) YEAR PERIOD PRECEDING THE DATE THE COMPANY APPLIES TO JOIN THE CORPORATION. C. ASSOCIATE MEMBERS - TO BE ELIGIBLE FOR ASSOCIATE MEMBERSHIP, A FIRM OR CORPORATION MUST BE A PHARMACEUTICAL OR BIOTECHNOLOGY COMPANY WITH AN ANNUAL BUDGET FOR RESEARCH AND DEVELOPMENT THAT IS LESS THAN $100 MILLION.
FORM 990, PART VI, SECTION A, LINE 7ATHE BOARD OF DIRECTORS SHALL BE COMPRISED OF UP TO TWENTY (20) MEMBERS; PROVIDED THAT: (I) TEN (10) SEATS ARE FILLED BY DIRECTORS WHO ARE REPRESENTATIVES OF THE CHARTER MEMBERS; (II) UP TO TWO (2) ADDITIONAL SEATS SHALL BE FILLED BY DIRECTORS WHO ARE REPRESENTATIVES OF THE TIER I MEMBERS WHO ARE NOT CHARTER MEMBERS; (III) UP TO SIX (6) SEATS SHALL BE FILLED BY DIRECTORS WHO ARE REPRESENTATIVES OF THE TIER II MEMBERS; (IV) ONE (1) SEAT SHALL BE FILLED BY A DIRECTOR WHO IS A REPRESENTATIVE OF THE ASSOCIATE MEMBERS; AND (V) ONE (1) SEAT SHALL BE FILLED BY THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION. THE CORPORATION'S BYLAWS STATE THAT DIRECTORS SHALL BE ELECTED OR APPOINTED, AS APPLICABLE, ANNUALLY AT THE ANNUAL MEETING OF MEMBERS AND SHALL SERVE UNTIL THE FOLLOWING ANNUAL MEETING OF MEMBERS AND UNTIL THEIR SUCCESSORS ARE ELECTED OR APPOINTED, AS APPLICABLE, AND QUALIFIED. EACH CHARTER MEMBER SHALL HAVE THE RIGHT TO APPOINT A REPRESENTATIVE OF THE CHARTER MEMBER TO SERVE AS A CHARTER MEMBER DIRECTOR. TIER I AT-LARGE DIRECTORS SHALL BE ELECTED BY A PLURALITY VOTE OF THE TIER I MEMBERS, WHICH INCLUDE THE CHARTER MEMBERS. TIER II DIRECTORS SHALL BE ELECTED BY A PLURALITY VOTE OF THE TIER II MEMBERS. THE ASSOCIATE MEMBER DIRECTOR SHALL BE ELECTED BY A PLURALITY VOTE OF THE ASSOCIATE MEMBERS. THE CEO DIRECTOR SHALL SERVE EX-OFFICIO, FOR SO LONG AS HE OR SHE SHALL HOLD THE OFFICE OF CHIEF EXECUTIVE OFFICER. TRANSCELERATE DOES NOT PRESENTLY HAVE ANY ASSOICATE MEMBERS THEREFORE, THE ASSOICATE MEMBER BOARD SEAT IS CURRENTLY VACANT. EACH TIER I MEMBER SHALL BE ENTITLED TO THREE (3) VOTES AT EVERY MEETING OF MEMBERS ON MATTERS WHICH TIER 1 MEMBERS ARE ENTITLED TO VOTE. EACH TIER II MEMBER SHALL BE ENTITLED TO ONE (1) VOTE AT EVERY MEETING OF MEMBERS ON MATTERS WHICH TIER II MEMBERS ARE ENTITLED TO VOTE. ASSOCIATE MEMBERS SHALL BE ENTITLED TO NOTICE OF AND TO ATTEND MEETINGS OF THE MEMBERS BUT SHALL NOT BE ENTITLED TO VOTE AT SUCH MEETINGS, PROVIDED HOWEVER, ASSOCIATE MEMBERS SHALL HAVE THE RIGHT TO CAST ONE (1) VOTE EACH WITH RESPECT TO THE ELECTION OF THE NOMINEE TO FILL THE ASSOCIATE MEMBER BOARD POSITION. NOTWITHSTANDING THE ABOVE, IN ORDER TO BE ELIGIBLE TO VOTE, A MEMBER MUST BE IN GOOD STANDING AND ITS DUES AND ASSESSMENTS PAID IN FULL.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE COMMITTEE AND MANAGEMENT REVIEW AND APPROVE THE FORM 990. THE FORM IS THEN DISTRIBUTED TO ALL MEMBERS OF THE BOARD FOR THEIR REVIEW BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 15THE TRANSCELERATE EXECUTIVE COMMITTEE PREPARES AND APPROVES THE COMPENSATION PACKAGE FOR THE CEO. THE CEO APPROVES THE COMPENSATION FOR THE SENIOR VICE PRESIDENT OF GLOBAL OPERATIONS, ALONG WITH ALL OTHER KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GEXTERNAL CONTRACTOR SUPPORT: PROGRAM SERVICE EXPENSES 6,989,404. MANAGEMENT AND GENERAL EXPENSES 234,142. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,223,546. PROJECT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 7,852,288. MANAGEMENT AND GENERAL EXPENSES 94,033. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,946,321. COMMUNICATIONS AND MARKETING FEES: PROGRAM SERVICE EXPENSES 105,148. MANAGEMENT AND GENERAL EXPENSES 375,514. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 480,662.
FORM 990, PART VI, SECTION B, LINE 14THE ORGANIZATION PLANS TO DEVELOP AND ADOPT A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY IN THE FUTURE.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BIOCELERATE LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 FOUR FALLS CORP CENTER SUITE 65AddressLine1Txt
CityWEST CONSHOHOCKENCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19428ZIPCd
FieldValueIRS element (for citing)
EIN475492971EIN
Primary ActivitiesTO IMPROVE EFFICIENCIES IN PRECLINICAL RESEARCH.PrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Total Income$2,333,333TotalIncomeAmt
End Of Year Assets$2,874,395EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TRANSCELERATE BIOPHARMA INCBusinessNameLine1Txt