Skip to content
Nonprofiteer
← LIFESPAN RESEARCH INSTITUTION

Form 990 for tax year 2023

Filed by LIFESPAN RESEARCH INSTITUTION.

Totals

Total revenue
$814,560
Total expenses
$7,533,214
Contributions and grants received
$348,261
Grants paid
$1,573,325
Program service revenue
$0
Investment income
$429,858
Other revenue
$36,441
Total assets, end of year
$15,127,697
Total liabilities, end of year
$2,175,768
Net assets or fund balances, end of year
$12,951,929
Program services expenses (Part IX)
$6,206,893
Management and general expenses
$1,030,658
Fundraising expenses
$295,663
Program service expenses (Part III)
$6,206,893

Program services were 82.4% 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.

  • 1f · All other contributions, gifts and grants

    $348,261

  • 1g · Noncash contributions included above

    $50,201

  • 3 · Investment income

    total $429,067 · excluded $429,067

  • 7a · Gross sales of assets other than inventory

    securities $13,327

  • 7b · Less cost or other basis and sales expenses

    securities $12,536

  • 7c · Gain or loss

    securities $791

  • 7d · Net gain or loss

    total $791 · excluded $791

  • 11a · Other revenue: Miscellaneous income

    total $34,625 · excluded $34,625

  • 11b · Other revenue: Miscellaneous gain - p

    total $1,816 · related or exempt $1,816

  • 11e · Other revenue, total

    $36,441

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,347,825 · program services $1,347,825

  • 2 · Grants to domestic individuals

    total $72,000 · program services $72,000

  • 3 · Grants to foreign organizations and individuals

    total $153,500 · program services $153,500

  • 5 · Compensation of officers, directors and key employees

    total $240,000 · program services $72,000 · management and general $108,000 · fundraising $60,000

  • 7 · Other salaries and wages

    total $2,705,950 · program services $2,294,044 · management and general $250,339 · fundraising $161,567

  • 8 · Pension plan contributions

    total $87,722 · program services $63,987 · management and general $18,108 · fundraising $5,627

  • 9 · Other employee benefits

    total $474,665 · program services $381,490 · management and general $59,419 · fundraising $33,756

  • 10 · Payroll taxes

    total $219,855 · program services $180,441 · management and general $22,562 · fundraising $16,852

  • 11b · Fees: legal

    total $67,653 · management and general $67,653

  • 11c · Fees: accounting

    total $98,455 · management and general $98,455

  • 11g · Fees: other

    total $347,277 · program services $253,667 · management and general $91,376 · fundraising $2,234

  • 12 · Advertising and promotion

    total $10,361 · program services $8,313 · management and general $2,048

  • 13 · Office expenses

    total $6,425 · program services $446 · management and general $5,979

  • 16 · Occupancy

    total $602,063 · program services $540,358 · management and general $51,689 · fundraising $10,016

  • 17 · Travel

    total $66,589 · program services $19,772 · management and general $45,804 · fundraising $1,013

  • 19 · Conferences, conventions and meetings

    total $139,490 · program services $121,611 · management and general $16,446 · fundraising $1,433

  • 22 · Depreciation, depletion and amortization

    total $298,577 · program services $264,459 · management and general $34,118

  • 23 · Insurance

    total $20,942 · management and general $20,942

  • 24a · Other expenses: Equipment and supplies

    total $325,665 · program services $325,665

  • 24b · Other expenses: Small computer equipmen

    total $65,669 · program services $23,087 · management and general $42,582

  • 24c · Other expenses: Professional developmen

    total $41,508 · program services $15,147 · management and general $26,361

  • 24d · Other expenses: Patentry fees

    total $29,224 · program services $29,224

  • 24e · All other expenses

    total $111,799 · program services $39,857 · management and general $68,777 · fundraising $3,165

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,132,197 · end of year $12,209,933

  • 4 · Accounts receivable

    beginning of year $159 · end of year $133

  • 8 · Inventories for sale or use

    beginning of year $10,518 · end of year $13,948

  • 10a · Land, buildings and equipment: cost or other basis

    $2,661,963

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,093,684

  • 10c · Land, buildings and equipment, net

    beginning of year $1,642,526 · end of year $1,568,279

  • 11 · Investments: publicly traded securities

    beginning of year $9,970 · end of year $44,176

  • 12 · Investments: other securities

    beginning of year $32,006 · end of year $36,142

  • 13 · Investments: program-related

    end of year $158,500

  • 15 · Other assets

    beginning of year $1,748,086 · end of year $1,096,586

  • 17 · Accounts payable and accrued expenses

    beginning of year $394,623 · end of year $213,928

  • 18 · Grants payable

    beginning of year $1,024,840 · end of year $1,000,000

  • 25 · Other liabilities

    beginning of year $1,488,352 · end of year $961,840

  • 27 · Net assets without donor restrictions

    beginning of year $18,921,700 · end of year $12,502,865

  • 28 · Net assets with donor restrictions

    beginning of year $745,947 · end of year $449,064

Mission and programs · 2023

Mission

Lifespan Research Institution works to develop, promote, and ensure widespread access to therapies that cure and prevent the diseases and disabilities of aging by comprehensively repairing the damage that builds up in our bodies over time. We are redefining the way the world researches and treats age-related ill health, while inspiring the next generation of biomedical scientists.

Activities or mission (Part I)

Develop, promote and ensure widespread access to rejuvenation biotechnologies.

  • The intramural research program is carried out in the Organization's Mountain View facility by employees of the Organization. The program is comprised of two (2) separate lines of research: Mitochondrial mutations and Immuno-senescence. The Mitochondrial mutations line of research has published work and contains four (4) subprojects, some of which involve collaborations with outside institutions. The Immuno-senescence line of research has also published work and contains nine (9) subprojects, also involving collaborations with outside institutions.

    Expenses $2,621,746

  • The extramural research program funds some of the most prestigious institutions around the world. There are currently four (4) extramural research projects ongoing. Funding for this program continues to be prioritized for projects that meet our company mission and are currently being unaddressed in our intramural research program.

    Expenses $1,439,252 · Grants $1,438,860

  • LRI Education - As part of its mission, the Organization is committed to educating students and the public about rejuvenation biotechnologies. The Organization's student program, LRI Education, is committed to educating students and the public. LRI Education operates a summer internship program that places twelve (12) undergraduate students at the LRI Research Center and outside institutions. It also continues a program to place twelve (12) post-baccalaureate students at various institutions, including six (6) at the LRI Research Center. 2022 saw the expansion of LRI's Master's program in conjunction with Dominican University of California and the formation of a new graduate internship program to host graduate students from other institutions. LRI now has had one (1) Master's student graduate from the Master's program in 2023 and is hosting two (2) graduate interns.

    Expenses $887,121 · Grants $134,465

  • Educational Conferences - In addition to participation in a variety of scientific and public engagements, the Organization organizes its own conferences and events. This outreach is intended to inform both the scientific community and the public about damage-repair strategies for improving healthcare.

    Expenses $123,005

  • Other programs - The Organization conducts other programs related to the mission of the organization.

    Expenses $1,135,769 · Revenue $1,816

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Barbara Logan

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bill Liao

    Board Chairman

    Total calculated
    $0
    Hours/week
    5

  • Kevin Perrott

    Treasurer/Secretary

    Total calculated
    $0
    Hours/week
    1

  • Kevin Dewalt

    Director

    Total calculated
    $0
    Hours/week
    1

  • Lisa Fabiny-Kiser

    CEO

    Total calculated
    $289,548
    From this org
    $232,000
    From related orgs
    $0
    Other
    $57,548
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,000
    Bonus
    $0
    Other
    $0
    Deferred
    $9,600
    Nontaxable benefits
    $47,948
    Filer's total
    $289,548

  • Ravi Jain Terminated

    Vice President of Research

    Total calculated
    $179,065
    From this org
    $173,949
    From related orgs
    $0
    Other
    $5,116
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,949
    Bonus
    $0
    Other
    $0
    Deferred
    $5,116
    Nontaxable benefits
    $0
    Filer's total
    $179,065

  • Emily Lillian Fishman

    Director of Academic Affairs

    Total calculated
    $167,215
    From this org
    $151,167
    From related orgs
    $0
    Other
    $16,048
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,167
    Bonus
    $0
    Other
    $0
    Deferred
    $6,047
    Nontaxable benefits
    $10,001
    Filer's total
    $167,215

  • Maria Entraigues Abramson

    Director of Development

    Total calculated
    $168,601
    From this org
    $144,108
    From related orgs
    $0
    Other
    $24,493
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,108
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $24,493
    Filer's total
    $168,601

  • Kelly Marie Boemmel

    Director of Operations

    Total calculated
    $158,879
    From this org
    $143,808
    From related orgs
    $0
    Other
    $15,071
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,808
    Bonus
    $0
    Other
    $0
    Deferred
    $5,758
    Nontaxable benefits
    $9,313
    Filer's total
    $158,879

  • Amutha Boominathan

    Senior Investigator

    Total calculated
    $140,124
    From this org
    $134,571
    From related orgs
    $0
    Other
    $5,553
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202413119349302261

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

The source document this was parsed from is served over the API, which is where bulk and document access live.