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READDI INC

EIN 88-3812342 BRADENTON, FL

Browse the largest nonprofits in Florida

Revenue 2024
$623,604
Expenses 2024
$1,125,752

Program services were 30.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
H05
Classification
2800
Street
13106 BELKNAP PL

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE RAPIDLY EMERGING ANTIVIRAL DRUG DEVELOPMENT INITIATIVE (READDI) IS A NONPROFIT BIOTECHNOLOGY ORGANIZATION DEDICATED TO PREVENTING GLOBAL CATASTROPHES CAUSED BY VIRUSES AND A LEADER IN THE THERAPEUTICS PILLAR OF THE 3-PRONGED PANDEMIC PREPAREDNESS AND RESPONSE STRUCTURE OF IPPS.

Activities or mission (Part I)

THE RAPIDLY EMERGING ANTIVIRAL DRUG DEVELOPMENT INITIATIVE (READDI) IS A NONPROFIT BIOTECHNOLOGY ORGANIZATION DEDICATED TO PREVENTING GLOBAL CATASTROPHES CAUSED BY VIRUSES. IT PLAYS A CLEAR, SPECIFIC AND CENTRAL ROLE IN THE WIDELY ACCEPTED THREE-PRONGED PANDEMIC PREPAREDNESS APPROACH INVOLVING DIAGNOSTICS, THERAPEUTICS AND VACCINES. READDI DEVELOPS THERAPEUTICS.

  • - READDI'S STANDING HAS RISEN IN THE GLOBAL PANDEMIC PREPAREDNESS COMMUNITY BY LEADING A NEWLY FORMED THERAPEUTICS DEVELOPMENT COALITION. READDI IS COLLABORATING WITH THE INTERNATIONAL PANDEMIC PREPAREDNESS COALITION, UNITAID, DRUGS FOR NEGLECTED DISEASES (DNDI) AND THE INTREPID ALLIANCE TO COORDINATE AND ACCELERATE THE DISCOVERY AND DEVELOPMENT OF ANTIVIRAL THERAPEUTICS FOR ACUTE AND ENDEMIC VIRAL DISEASES THAT HAVE THE POTENTIAL TO BECOME PANDEMICS.- IN CONJUNCTION WITH THE THERAPEUTICS DEVELOPMENT COALITION, READDI IS FOSTERING RELATIONSHIPS WITH GLOBAL HEALTHCARE LEADERS INTERESTED IN SUPPORTING DEVELOPMENT OF THERAPEUTICS FOR INFECTIOUS DISEASES.- READDI AUTHORED OR CO-AUTHORED SEVERAL PUBLISHED ARTICLES ON THE NECESSITY OF ANTIVIRAL DRUG DEVELOPMENT THAT WERE WELL RECEIVED BY THE GLOBAL COMMUNITY.- READDI'S GLOBAL NETWORK OF COLLABORATORS HAS GROWN FROM APPROXIMATELY 30 INSTITUTIONS TO APPROXIMATELY 65. - READDI'S POTENTIAL PIPELINE OF DRUG HITS, LEADS AND CANDIDATES HAS GROWN TO APPROXIMATELY 30 ACTIVE PROJECTS THAT WE ARE CLOSELY MONITORING FOR IN-LICENSING OPPORTUNITIES.

    Expenses $344,237

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

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • John Bamforth

    BOARD MEMBER

    Total calculated
    $448,540
    From this org
    $0
    From related orgs
    $400,121
    Other
    $48,419
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $399,281 related
    Bonus
    $0
    Other
    $0 + $840 related
    Deferred
    $0 + $48,419 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $448,540 related
  • Richard Burr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • J Christopher Clemens

    BOARD MEMBER THRU 6/10/25

    Total calculated
    $604,650
    From this org
    $0
    From related orgs
    $538,746
    Other
    $65,904
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $497,156 related
    Bonus
    $0
    Other
    $0 + $41,590 related
    Deferred
    $0 + $48,499 related
    Nontaxable benefits
    $0 + $17,405 related
    Filer's total
    $0 + $604,650 related
  • Laurent Fraisse

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3
  • Andy Johns

    BOARD MEMBER

    Total calculated
    $443,422
    From this org
    $0
    From related orgs
    $338,459
    Other
    $104,963
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $337,619 related
    Bonus
    $0
    Other
    $0 + $840 related
    Deferred
    $0 + $84,639 related
    Nontaxable benefits
    $0 + $20,324 related
    Filer's total
    $0 + $443,422 related
  • Perrin Jones

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3
  • Nathan Knuffman

    BOARD MEMBER

    Total calculated
    $568,710
    From this org
    $0
    From related orgs
    $433,022
    Other
    $135,688
    Hours/week
    0.4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $422,664 related
    Bonus
    $0
    Other
    $0 + $10,358 related
    Deferred
    $0 + $127,003 related
    Nontaxable benefits
    $0 + $8,685 related
    Filer's total
    $0 + $568,710 related
  • Lydia Ogden

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Tom Shanahan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.4
  • Barbara Stephenson

    BOARD MEMBER

    Total calculated
    $411,327
    From this org
    $0
    From related orgs
    $330,747
    Other
    $80,580
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $326,757 related
    Bonus
    $0
    Other
    $0 + $3,990 related
    Deferred
    $0 + $80,484 related
    Nontaxable benefits
    $0 + $96 related
    Filer's total
    $0 + $411,327 related
  • Brad Wilken

    BOARD MEMBER THRU 6/10/25

    Total calculated
    $0
    Hours/week
    0.3
  • James Rosen

    CEO

    Total calculated
    $380,098
    From this org
    $366,650
    From related orgs
    $4,000
    Other
    $9,448
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $366,650 + $4,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,448
    Filer's total
    $376,098 + $4,000 related
  • William Fletcher Fairey

    EXECUTIVE VP OF BUSINESS

    Total calculated
    $309,910
    From this org
    $285,352
    From related orgs
    $0
    Other
    $24,558
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $285,352
    Bonus
    $0
    Other
    $0
    Deferred
    $15,110
    Nontaxable benefits
    $9,448
    Filer's total
    $309,910

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $623,604
    Expenses
    $1,125,752
    Contributions
    $559,168
    Grants paid
    $0
  • 2023
    Revenue
    $1,468,046
    Expenses
    $553,289
    Contributions
    $1,396,063
    Grants paid
    $0
  • 2022
    Revenue
    $800,515
    Expenses
    $140,909
    Contributions
    $791,809
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Form 990-N e-Postcard, tax year 2021

Tax period
1 July 2021 to 30 June 2022
Principal officer
Jimmy Rosen
Mailing address
301 Pharmacy Lane Suite 210Chapel Hill NC 27516

As filed, from the IRS e-Postcard file of 9 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 11 November 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.