Nonprofit · EIN 84-5157239
POLYBIO RESEARCH FOUNDATION
Tax-exempt · MEDFORD, MA 02155
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,324,689 | $14,142,012 | -$9,817,323 | $9,811,535 | $6,715,575 | $3,095,960 |
| December 31, 2023 | 990 | $17,350,488 | $18,634,620 | -$1,284,132 | $15,536,208 | $2,622,925 | $12,913,283 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,095,453
- Program service revenue
- $0
- Investment income
- $229,236
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $13,813,525
- Compensation of officers, directors and key employees
- $181,154
- Salaries, compensation and benefits (total)
- $193,605
- Professional fundraising fees
- $0
- Travel
- $9,679
- Program services (functional)
- $14,046,841
- Management and general (functional)
- $67,537
- Fundraising (functional)
- $27,634
Balance sheet and other
- Total assets, start of year
- $15,536,208
- Total assets, end of year
- $9,811,535
- Total liabilities, end of year
- $6,715,575
- Net assets, end of year
- $3,095,960
- Net assets without donor restrictions
- -$5,145,307
- Net assets with donor restrictions
- $8,241,267
- Gross receipts
- $4,324,689
- Employees
- 1
- Volunteers
- 5
- Year formed
- 2020
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY PROAL | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $185,000 |
| MICHAEL VANELZAKKER | DIRECTOR Trustee or director, Officer | 3 | $0 |
| CHARLOTTE MAO | CLERK Trustee or director, Officer | 3 | $0 |
| MARK LONGSTRETH | TREASURER Trustee or director, Officer | 2 | $0 |
| MAGGIE STEFFENS | DIRECTOR Trustee or director, Officer | 1 | $0 |
| KATHRYN BACH | DIRECTOR Trustee or director, Officer | 3 | $0 |
| FRANCIS BRENNER | CHAIR Trustee or director, Officer | 3 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY PROAL | PRESIDENT Trustee or director, Officer | 40 | $160,000 |
| MICHAEL VANELZAKKER | DIRECTOR Trustee or director, Officer | 3 | $0 |
| CHARLOTTE MAO | CLERK Trustee or director, Officer | 3 | $0 |
| MARK LONGSTRETH | TREASURER Trustee or director, Officer | 2 | $0 |
| MAGGIE STEFFENS | DIRECTOR Trustee or director | 1 | $0 |
| KATHRYN BACH | CHAIR Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 47 HIGH STREET SUITE 403, MEDFORD, MA 02155-3808
- Principal officer (990 for 2024)
- AMY PROAL, 47 HIGH STREET SUITE 403, MEDFORD, MA 02155
- Signed the 990
- AMY PROAL, PRESIDENT
- Phone
- (917) 848-0238
- Website
- HTTPS://POLYBIO.ORG/
- Return prepared by
- RAFFOL AND COMPANY INC
Mission
WE ARE A 501(C)3 TRANSFORMING HOW COMPLEX CHRONIC CONDITIONS LIKE LONGCOVID, ME/CFS & POST TREATMENT LYME DISEASE ARE STUDIED, DIAGNOSED, AND TREATED. POLYBIO WAS FOUNDED BY THREE SCIENTISTS WITH COMPLEMENTARY EXPERTISE (NEUROSCIENCE, MICROBIOLOGY & GENETICS). WE CONCEPTUALIZE RESEARCH PROJECTS THAT IDENTIFY ROOT CAUSE DRIVERS OF THESE CONDITIONS AND BUILD COLLABORATIVE TEAMS TO MAKE THE PROJECTS A REALITY.
Program accomplishments
- WE CONCEPTUALIZE COLLABORATIVE RESEARCH PROJECTS ON ME/CFS, LONGCOVID AND RELATED INFECTION-ASSOCIATED CHRONIC CONDITIONS. OUR PROJECTS STUDY "ROOT CAUSE" DRIVERS OF THESE CONDITIONS, AND COMBINE THE SKILLS OF VIROLOGISTS, NEUROSCIENTISTS, PATHOLOGISTS, MICROBIOME EXPERTS AND PATIENT ADVOCATES TO MAXIMIZE IMPACT.Expenses $14,046,841 · grants $13,813,525
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-5157239
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,208,233
- Income (IRS master file)
- $4,627,249
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,324,689 | $14,142,012 | $9,811,535 | XML |
| 990 | December 2023 | $17,350,488 | $18,634,620 | $15,536,208 | XML |
| 990 | December 2022 | $17,879,554 | $4,294,270 | $14,198,872 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-5157239).
Questions about POLYBIO RESEARCH FOUNDATION
- What is the EIN of POLYBIO RESEARCH FOUNDATION?
- The employer identification number (EIN) of POLYBIO RESEARCH FOUNDATION is 84-5157239.
- Is POLYBIO RESEARCH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to POLYBIO RESEARCH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does POLYBIO RESEARCH FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POLYBIO RESEARCH FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POLYBIO RESEARCH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of POLYBIO RESEARCH FOUNDATION?
- The 990 for the year ended December 31, 2024 names AMY PROAL.
- Who are the officers and directors of POLYBIO RESEARCH FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $185,000 (AMY PROAL, EXECUTIVE DIRECTOR).
- How much revenue does POLYBIO RESEARCH FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,324,689, expenses of $14,142,012 and total assets of $9,811,535 at year end.
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