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Nonprofiteer
← ALLIANCE FOR ADVANCING BIOMEDICAL RESEARCH

Form 990 for tax year 2024

Filed by ALLIANCE FOR ADVANCING BIOMEDICAL RESEARCH.

Totals

Total revenue
$2,000,000
Total expenses
$742,449
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,000,000
Investment income
$0
Other revenue
$0
Total assets, end of year
$2,805,833
Total liabilities, end of year
$1,548,282
Net assets or fund balances, end of year
$1,257,551
Program services expenses (Part IX)
$742,449
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$742,449

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: CANCER RESEARCH

    total $2,000,000 · related or exempt $2,000,000

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $742,449 · program services $742,449

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $2,805,833

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $548,282

  • 22 · Loans and payables to officers and key people

    end of year $1,000,000

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $1,257,551

Mission and programs · 2024

Mission

THIS CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, WITH THE SPECIFIC PURPOSE TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND/OR TO CARRY OUT THE PURPOSES OF THE REGENTS OF THE UNIVERSITY OF CALIFORNIA.

  • PROGRAM SERVICE REVENUES: OPERATING THE FREDERICK NATIONAL LABORATORY FOR CANCER RESEARCH.

    Expenses $742,449 · Revenue $2,000,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • CRAIG LEASURE

    PRESIDENT & CEO

    Total calculated
    $0
    Hours/week
    5
  • JUNE YU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GARY FALLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BRETT HENRIKSON

    SECRETARY & CFO

    Total calculated
    $0
    Hours/week
    5
  • BOBBY SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
11 February 2026
IRS schema version
2024v5.5
Source object
202630429349301408

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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