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TRANSCELERATE BIOPHARMA INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
TRANSCELERATE BIOPHARMA INC (EIN 46-0886344)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-13
IRS object ID
201631349349303803
Schema version
2015v2.1
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

FieldValueIRS element (for citing)
Return2016-05-13T12:15:11-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

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 Begin2015-01-01TaxPeriodBeginDt

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
Phone6102706394PhoneNum

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
Phone6102706394PhoneNum
Signature2016-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHELEN M MARTINPreparerPersonNm
PTINP01330899PTIN
Phone2158818800PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

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$25,465,264GrossReceiptsAmt
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. TRANSCELERATE EVOLVED FROM CONVERSATIONS AT VARIOUS FORUMS FOR EXECUTIVE R&D LEADERSHIP TO DISCUSS CURRENT ISSUES FACING THE INDUSTRY, AND EXAMINE SOLUTIONS FOR ADDRESSING AGREED-UPON COMMON CHALLENGES. MEMBERSHIP IN TRANSCELERATE IS OPEN TO BIOPHARMACEUTICAL COMPANIES WITH RESEARCH & DEVELOPMENT OPERATIONS.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$15,276,176PYProgramServiceRevenueAmt
CY Program Service Revenue$25,400,000CYProgramServiceRevenueAmt
PY Investment Income$17,212PYInvestmentIncomeAmt
CY Investment Income$65,264CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$15,293,388PYTotalRevenueAmt
CY Total Revenue$25,465,264CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,052,132PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,386,042CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$9,728,191PYOtherExpensesAmt
CY Other Expenses$12,883,454CYOtherExpensesAmt
PY Total Expenses$11,780,323PYTotalExpensesAmt
CY Total Expenses$16,269,496CYTotalExpensesAmt
PY Revenues Less Expenses$3,513,065PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$9,195,768CYRevenuesLessExpensesAmt
Total Assets BOY$34,898,547TotalAssetsBOYAmt
Total Assets EOY$43,370,074TotalAssetsEOYAmt
Total Liabilities BOY$24,786,391TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,062,150TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,112,156NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$19,307,924NetAssetsOrFundBalancesEOYAmt
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 AGREED-UPON COMMON CHALLENGES.MEMBERSHIP IN TRANSCELERATE IS OPEN TO BIOPHARMACEUTICAL COMPANIES WITH RESEARCH & DEVELOPMENT OPERATIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$10,216,507ExpenseAmt
Revenue$25,400,000RevenueAmt
DescTRANSCELERATE EXPERIENCED SEVERAL SIGNIFICANT ACCOMPLISHMENTS IN 2015. SPECIFICALLY:CLINICAL DATA STANDARDS IN COLLABORATION WITH CFAST, GREW THE NUMBER OF PUBLISHED DATA STANDARDS TO 19 WITH 7 OF THOSE BEING PUBLISHED IN 2015.CLINICAL DATA TRANSPARENCY PUBLISHED A PAPER ON DATA ANONYMIZATION AND ADDRESS ONGOING REGULATORY CHANGES.THE COMMON PROTOCOL TEMPLATE INITIATIVE COMPLETED FIRST TEMPLATE RELEASE (CPT V1.0) TO MEMBER COMPANIES, INCLUDING A BASIC AS WELL AS A TECHNOLOGY ENABLED VERSION, AND RELEASED THE BASIC TEMPLATE AND SUPPORTING MATERIAL TO THE PUBLIC ON THE TRANSCELERATE WEBSITE.THE COMPARATOR NETWORK WITH 9 MEMBER COMPANIES IN THE NETWORK, LAUNCHED AN IT SYSTEM TO FACILITATE TRANSACTIONS AND EXTENDED NETWORK SCOPE TO INCLUDE ACTIVE PLACEBO EXCHANGE, WHICH HAS SURPASSED 100 TRANSACTIONS SINCE NETWORK INCEPTION.THE INVESTIGATOR REGISTRY WENT LIVE WITH ITS FIRST RELEASE, WHICH ENABLES THE INTEGRATION OF PERSON, FACILITY, AND PROTOCOL DATA FROM VARIOUS SOURCES AND PROVIDES ONE RECORD FOR A TRAINING PROVIDER.PLACEBO / STANDARD OF CARE FINALIZED A WHITE PAPER WHICH WAS PUBLISHED TO THE TRANSCELERATE WEBSITE, SELECTED A VENDOR TO PERFORM DATA CONVERSION SERVICES, AND RECEIVED INITIAL TRIAL DATA FOR THE DATABASE.RISK BASED MONITORING CONTINUED TO PROMOTE RBM METHODOLOGY BY PUBLISHING PAPERS ON CENTRAL MONITORING, DATA INTEGRITY AND GCP MISCONDUCT, A TECHNOLOGY WHITE PAPER AND AN RBM UPDATE.THE QUALITY MANAGEMENT SYSTEM INITIATIVE PUBLISHED THE QMS CONCEPT PAPER VISION & OUTLINE AND CONCEPT PAPER IN DIA TIRS, AND SUBMITTED THE CLINICAL QMS CONCEPTUAL FRAMEWORK TO ICH FOR CONSIDERATION AS A GUIDANCE.THE SHARED INVESTIGATOR PLATFORM (SIP) PREPARED FOR R1.0 GO-LIVE, WHICH INCLUDED THE INTEGRATION OF THE INVESTIGATOR REGISTRY.THE SITE QUALIFICATION & TRAINING INITIATIVE PUBLISHED FIRST 7 (OF 11) TOPICS OF INFORMATIONAL PROGRAM FOR SITE STAFF LESS EXP. IN CONDUCTING CLINICAL RESEARCH AND SURPASSED 115,000 GCP TRAINING CERTIFICATES ISSUED TO-DATE, ELIMINATING THE NEED FOR INVESTIGATORS TO TAKE REDUNDANT GCP TRAINING. ELABELS, ECONSENT AND PATIENT AWARENESS & ACCESS WERE ESTABLISHED AS NEW ACTIVE INITIATIVES.ADDITIONALLY, IN 2015, TRANSCELERATE ANNOUNCED THE LAUNCH OF BIOCELERATE, A NEW SUBSIDIARY OF TRANSCELERATE THAT AIMS TO IMPROVE EFFICIENCIES IN PRECLINICAL RESEARCH. BIOCELERATE WILL EXPLORE AREAS IN PRECLINICAL RESEARCH THAT HAVE UNMET NEEDS AND COULD BENEFIT FROM A COLLABORATION APPROACH. TOXICOLOGY DATA SHARING IS THE FIRST INITIATIVE FOR BIOCELERATE, FOCUSING ON TARGET-RELATED TOXICITY IN PRECLINICAL STUDIES. THE INITIATIVE WILL ENABLE ACCESS TO A BROADER CROSS-COMPANY SET OF TOXICOLOGY DATA. THE KNOWLEDGE GATHERED THROUGH THE INITIATIVE WILL HELP WITH EFFECTIVE TRANSLATION OF NONCLINICAL FINDINGS AND ATTEMPT TO CLOSE CRITICAL GAPS THAT EXIST IN UNDERSTANDING THE RELATIONSHIP BETWEEN PATIENT RESPONSE AND PRECLINICAL TOXICOLOGY FINDINGS. INITIATIVES WILL BE APPROVED BY A GOVERNING COUNCIL MADE UP OF PARTICIPATING BIOCELERATE MEMBER COMPANIES.Desc
Total Program Service Expenses$10,216,507TotalProgramServiceExpensesAmt
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 Document22IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee10EmployeeCnt
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 Members20GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
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 FINANCE LEADBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6102706394PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1709 SWEDELAND ROADAddressLine1Txt
CityKING OF PRUSSIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19406ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 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 DIRECTORS0.50Yes (X)$0$0$0
CORSEE SANDERS
VICE CHAIR OF BOARD OF DIRECTORS0.50Yes (X)$0$0$0
LYNN MARKS
CORPORATE SECRETARY0.50Yes (X)$0$0$0Yes (X)
ANDREW LEE
TREASURER0.50Yes (X)$0$0$0Yes (X)
ALISE REICIN
BOARD MEMBER0.50Yes (X)$0$0$0
ALFRED SANDROCK
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 ZARHOUNI
BOARD MEMBER0.50Yes (X)$0$0$0
ELLIOT LEVY
BOARD MEMBER0.50Yes (X)$0$0$0
GARRY NEIL
BOARD MEMBER0.50Yes (X)$0$0$0
JAN LUNDBERG
BOARD MEMBER0.50Yes (X)$0$0$0
MICHAEL SEVERINO
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
PAUL BIONDI
BOARD MEMBER0.50Yes (X)$0$0$0
PETER KRISTENSEN
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)$896,133$0$58,145Yes (X)
JANICE CHANG
SENIOR VICE PRESIDENT OF GLOBAL OPERATIONS40.00$398,656$0$31,464Yes (X)
JENNIFER A BURGESS
DIRECTOR OF COMMUNICATIONS40.00$208,432$0$29,781Yes (X)
ROBERT A HAWKEY
DIRECTOR OF QUALITY40.00$148,864$0$14,244Yes (X)
CARA L RINALDI
DIRECTOR OF PORTFOLIO MANAGEMENT40.00$141,155$0$19,550Yes (X)
ANTHONY GARGES
FINANCE LEAD40.00$129,375$0$20,168Yes (X)
SARAH L PLUSH
DIRECTOR OF OPERATION40.00$124,053$0$18,631Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,046,668TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$191,983TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
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$5,763,352
KILPATRICK TOWNSEND
601 14TH STREET NW SUITE 900WASHINGTONDC20005LEGAL SERVICES$2,408,630
THE NORTH HIGHLAND COMPANY
PO BOX 101353ATLANTAGA30392CONSULTING$400,803
BLISS INTERGRATED COMMUNICATIONS LLC
500 FIFTH AVENUE SUITE 300NEW YORKNY10110CONSULTING$391,161
KINAPSE LIMITED
CONSULTING$378,17727-37 ST GEORGES ROADLONDONUKSW194 4EU
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K14CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP DUESDesc
Business900099BusinessCd
Total Revenue Column$25,400,000TotalRevenueColumnAmt
Related Or Exempt Func Income$25,400,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$25,400,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,264TotalRevenueColumnAmt
Exclusion$65,264ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,465,264TotalRevenueColumnAmt
Related Or Exempt Func Income$25,400,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$65,264ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,384,398TotalAmt
Management And General$1,384,398ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,750,675TotalAmt
Program Services$341,523ProgramServicesAmt
Management And General$1,409,152ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$29,615TotalAmt
Program Services$5,954ProgramServicesAmt
Management And General$23,661ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$125,813TotalAmt
Program Services$4,000ProgramServicesAmt
Management And General$121,813ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$95,541TotalAmt
Program Services$19,542ProgramServicesAmt
Management And General$75,999ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,293,138TotalAmt
Program Services$1,513,444ProgramServicesAmt
Management And General$779,694ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$117,653TotalAmt
Management And General$117,653ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,211,101TotalAmt
Program Services$7,426,038ProgramServicesAmt
Management And General$785,063ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$34,336TotalAmt
Program Services$34,300ProgramServicesAmt
Management And General$36ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$162,238TotalAmt
Program Services$5,507ProgramServicesAmt
Management And General$156,731ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$501,015TotalAmt
Program Services$396,813ProgramServicesAmt
Management And General$104,202ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Management And General$15,000ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$744,485TotalAmt
Program Services$455,068ProgramServicesAmt
Management And General$289,417ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$133,468TotalAmt
Program Services$14,318ProgramServicesAmt
Management And General$119,150ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,453TotalAmt
Management And General$3,453ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$100,863TotalAmt
Management And General$100,863ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
BAD DEBT$500,000$500,000
RECRUITING$60,077$60,077
BOOKS, SUBSCRIPTIONS, R$5,702$5,702
DUES$850$850

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$75TotalAmt
Management And General$75ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$16,269,496TotalAmt
Program Services$10,216,507ProgramServicesAmt
Management And General$6,052,989ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,236,350BOYAmt
EOY$2,841,650EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$11,098,434BOYAmt
EOY$20,201,922EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$19,500,000BOYAmt
EOY$20,186,667EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$55,229BOYAmt
EOY$122,906EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,458LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,376LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$8,534BOYAmt
EOY$5,082EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$11,847EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$34,898,547BOYAmt
EOY$43,370,074EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,086,391BOYAmt
EOY$3,442,150EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$22,700,000BOYAmt
EOY$20,620,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,786,391BOYAmt
EOY$24,062,150EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,112,156BOYAmt
EOY$19,307,924EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,112,156BOYAmt
EOY$19,307,924EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$34,898,547BOYAmt
EOY$43,370,074EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$9,195,768ReconcilationRevenueExpnssAmt
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$3,735DepreciationAmt
Book Value$467BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,256OtherCostOrOtherBasisAmt
Depreciation$5,641DepreciationAmt
Book Value$4,615BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,082TotalBookValueLandBuildingsAmt

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 (5 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$537,333$0$358,800$0$0$0$10,600$0$47,545$0$954,278$0$0$0
JANICE CHANG
SENIOR VICE PRESIDENT OF GLOBAL OPER$316,156$0$82,500$0$0$0$10,600$0$20,864$0$430,120$0$0$0
JENNIFER A BURGESS
DIRECTOR OF COMMUNICATIONS$204,432$0$4,000$0$0$0$8,337$0$21,444$0$238,213$0$0$0
ROBERT A HAWKEY
DIRECTOR OF QUALITY$148,864$0$0$0$0$0$5,955$0$8,289$0$163,108$0$0$0
CARA L RINALDI
DIRECTOR OF PORTFOLIO MANAGEMENT$141,155$0$0$0$0$0$0$0$19,550$0$160,705$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE EXECUTIVE COMMITTEE APPROVES THE COMPENSATION AND BONUS 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 OR BE AN EXTERNAL PARTNER OF PHARMACEUTICAL COMPANIES IN CLINICAL TRIALS.
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 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. 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 11THE 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 11GOUTSIDE CONTRACT - TECHNOLOGY CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 2,315,875. MANAGEMENT AND GENERAL EXPENSES 19,830. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,335,705. CONSULTANTS -TECHNOLOGY CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 3,623,602. MANAGEMENT AND GENERAL EXPENSES 354,883. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,978,485. CROSS WS FEES: PROGRAM SERVICE EXPENSES 1,473,061. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,473,061. MARKETING CONSULTANT - OUTSIDE CONSULTANT: PROGRAM SERVICE EXPENSES 13,500. MANAGEMENT AND GENERAL EXPENSES 410,350. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 423,850.
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 Line1709 SWEDELAND ROADAddressLine1Txt
CityKING OF PRUSSIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19406ZIPCd
FieldValueIRS element (for citing)
EIN475492971EIN
Primary ActivitiesTO IMPROVE EFFICIENCIES IN PRECLINICAL RESEARCH.PrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$2,333,280EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TRANSCELERATE BIOPHARMA INCBusinessNameLine1Txt