Nonprofit · EIN 85-1293789
FOOD ALLERGY SCIENCE INITIATIVE INC
Tax-exempt · BOSTON, MA 02116
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,942,516 | $6,330,020 | $2,612,496 | $7,792,816 | $2,638,039 | $5,154,777 |
| June 30, 2024 | 990 | $6,661,862 | $4,694,655 | $1,967,207 | $6,340,472 | $3,798,191 | $2,542,281 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,620,366
- of which government grants
- $2,531,179
- Program service revenue
- $0
- Investment income
- $320,297
- Other revenue
- $1,853
Expenses
- Grants and similar amounts paid
- $4,365,322
- Compensation of officers, directors and key employees
- $395,926
- Other salaries and wages
- $787,655
- Salaries, compensation and benefits (total)
- $1,368,259
- Professional fundraising fees
- $0
- Legal fees
- $9,752
- Accounting fees
- $66,480
- Travel
- $32,464
- Depreciation
- $2,238
- Program services (functional)
- $5,407,368
- Management and general (functional)
- $536,193
- Fundraising (functional)
- $386,459
Balance sheet and other
- Total assets, start of year
- $6,340,472
- Total assets, end of year
- $7,792,816
- Total liabilities, end of year
- $2,638,039
- Net assets, end of year
- $5,154,777
- Net assets without donor restrictions
- $4,918,895
- Net assets with donor restrictions
- $235,882
- Gross receipts
- $8,942,516
- Employees
- 6
- Volunteers
- 6
- Year formed
- 2020
- State of legal domicile
- MA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Carlos Bosques | CEO Officer | 40 | $364,330 | $19,950 |
| Christopher John Beneduce Jr | PRINCIPAL SCIENTIST Highest-paid employee | 40 | $175,061 | $18,308 |
| Nicole Yin Yee Lai | Senior Scientist Highest-paid employee | 40 | $160,000 | $10,360 |
| Christine Olsen MD | BOARD CHAIR, DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| Lesley Solomon MBA | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| Justine Levin-Allerhand PhD | TREASURER, DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| Eric Edwards MD PhD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| Erica Colleran | DIRECTOR Trustee or director | 1 | $0 | $0 |
| Ning Drako | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN WALTER | CEO through 6/30/2023 Officer | 40 | $401,302 | $0 |
| Carlos Bosques | CEO Officer | 40 | $363,414 | $19,596 |
| Christopher John Beneduce Jr | PRINCIPAL SCIENTIST Highest-paid employee | 40 | $111,057 | $17,204 |
| Christine Olsen MD | BOARD CHAIR, DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| Lesley Solomon MBA | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| Justine Levin-Allerhand PhD | TREASURER, DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| Eric Edwards MD PhD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| Erica Colleran | DIRECTOR (EFF. 09/2023) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 211 COMMONWEALTH AVE, BOSTON, MA 02116-1704
- In care of
- % THE ORGANIZATION
- Mailing address (990-N for 2019)
- 211 Commonwealth Avenue, Boston MA 02116
- Principal officer (990 for 2024)
- CARLOS BOSQUES, PO Box 990692, Boston, MA 02199
- Principal officer (990-N for 2019)
- Christine Olsen, 211 Commonwealth Avenue, Boston MA 02116
- Signed the 990
- CARLOS BOSQUES, CEO
- Phone
- (617) 999-8561
- Website
- www.foodallergyscience.org
- Return prepared by
- WithumSmithBrown PC
Mission
TO ACCELERATE THE DEVELOPMENT OF BREAKTHROUGH DISCOVERIES THAT WILL TRANSFORM THE LIVES OF PEOPLE LIVING WITH FOOD ALLERGIES.
Program accomplishments
- SEE SCHEDULE OExpenses $5,407,368 · grants $4,365,322
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 85-1293789
- 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
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,792,816
- Income (IRS master file)
- $8,942,516
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,942,516 | $6,330,020 | $7,792,816 | XML |
| 990 | June 2024 | $6,661,862 | $4,694,655 | $6,340,472 | XML |
| 990 | June 2023 | $8,421,106 | $8,655,158 | $5,866,289 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: Christine Olsen | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-1293789).
Questions about FOOD ALLERGY SCIENCE INITIATIVE INC
- What is the EIN of FOOD ALLERGY SCIENCE INITIATIVE INC?
- The employer identification number (EIN) of FOOD ALLERGY SCIENCE INITIATIVE INC is 85-1293789.
- Is FOOD ALLERGY SCIENCE INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to FOOD ALLERGY SCIENCE INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOOD ALLERGY SCIENCE INITIATIVE INC 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 FOOD ALLERGY SCIENCE INITIATIVE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOOD ALLERGY SCIENCE INITIATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FOOD ALLERGY SCIENCE INITIATIVE INC?
- The 990 for the year ended June 30, 2025 names CARLOS BOSQUES.
- Who are the officers and directors of FOOD ALLERGY SCIENCE INITIATIVE INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 3 received compensation from the organization, the highest $364,330 (Carlos Bosques, CEO).
- How much revenue does FOOD ALLERGY SCIENCE INITIATIVE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,942,516, expenses of $6,330,020 and total assets of $7,792,816 at year end.
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