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Nonprofit · EIN 87-3910792

SANFORD LABORATORIES FOR INNOVATIVE MEDICINES

Also known as SBP MEDICAL DISCOVERY INSTITUTE

Tax-exempt · SAN DIEGO, CA 92121

Financials

$12.5M$3.9M2023$12.8M$7.9M2024$13M$8.7M2025
Revenue Expenses · by fiscal year end
Financials of SANFORD LABORATORIES FOR INNOVATIVE MEDICINES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$12,981,159$8,745,570$4,235,589$24,010,371$4,360,210$19,650,161
December 31, 2024990$12,779,638$7,949,869$4,829,769$20,157,004$4,742,432$15,414,572
December 31, 2023990$12,532,763$3,933,217$8,599,546$26,076,643$15,491,840$10,584,803
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$12,004,060
Program service revenue
$0
Investment income
$618,650
Other revenue
$358,449

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$431,957
Other salaries and wages
$3,472,864
Salaries, compensation and benefits (total)
$4,826,614
Professional fundraising fees
$0
Legal fees
$36,723
Accounting fees
$49,035
Occupancy
$1,071,104
Travel
$46,510
Depreciation
$478,782
Program services (functional)
$6,935,210
Management and general (functional)
$1,810,360

Balance sheet and other

Total assets, start of year
$20,157,004
Total assets, end of year
$24,010,371
Total liabilities, end of year
$4,360,210
Net assets, end of year
$19,650,161
Land, buildings and equipment
$1,784,720
Net assets without donor restrictions
$19,650,161
Gross receipts
$12,981,159
Employees
35
Volunteers
2
Year formed
2021
State of legal domicile
CA

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL DOLLARCFO
Officer
40$337,115$22,392
SEBASTIAN MARKMILLER PHDGROUP LEADER & STRATEGY ADVISOR
Highest-paid employee
40$200,243$31,672
CONNIE MARTINEZDIRECTOR OF PEOPLE OPERATIONS
Highest-paid employee
40$173,989$31,932
WENHAO JIN PHD PLATFORM LEADERMACHINE LEARNING & COMPUTATIONAL BIO
Highest-paid employee
40$175,098$28,722
FREDERICK TAN PHDGROUP LEADER
Highest-paid employee
40$175,479$22,891
DANIEL A LORENZ PHDGROUP LEADER
Highest-paid employee
40$176,968$13,886
KRISTIINA VUORI MD PHDPRESIDENT/BOARD MEMBER
Trustee or director, Officer
6$72,450$0
T KNOX BELLSECRETARY/BOARD MEMBER
Trustee or director, Officer
1$0$0
EDWARD HOLMES MDCHAIR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL DOLLARCFO
Officer
40$323,120$25,633
SVEN SEBASTIAN J MARKMILLERGROUP LEADER & STRATEGY ADVISOR
Highest-paid employee
40$189,669$29,328
WENHAO JINGROUP LEADER
Highest-paid employee
40$168,693$18,752
CONNIE MARTINEZHUMAN RESOURCES DIRECTOR
Highest-paid employee
40$157,583$27,257
DANIEL A LORENZGROUP LEADER
Highest-paid employee
40$166,673$13,173
JASON KREISBERGASSOCIATE DIRECTOR, SS&P
Highest-paid employee
40$153,472$15,982
KRISTIINA VUORI MD PHDPRESIDENT/BOARD MEMBER
Trustee or director, Officer
6$69,389$0
KNOX BELLSECRETARY/BOARD MEMBER
Trustee or director, Officer
1$0$0
EDWARD HOLMES MDCHAIR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL DOLLARCFO
Officer
40$230,983$16,869
LOUIS COFFMAN THRU 523CFO/BOARD MEMBER
Trustee or director, Officer
1$75,579$0
KRISTIINA VUORIPRESIDENT/BOARD MEMBER
Trustee or director, Officer
6$25,577$0
KNOX BELLSECRETARY/BOARD MEMBER
Trustee or director, Officer
1$0$0
EDWARD HOLMESCHAIR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3535 GENERAL ATOMICS CT STE 200, SAN DIEGO, CA 92121-1140
Mailing address (990-N for 2021)
8875 Costa Verde Blvd, San Diego CA 92122
Principal officer (990 for 2025)
KRISTIINA VUORI, 3535 GENERAL ATOMICS COURT STE 200, SAN DIEGO, CA 92121
Principal officer (990-N for 2021)
Kristiina Vuori, 8875 Costa Verde Blvd, San Diego CA 92122
Signed the 990
KRISTIINA VUORI, PRESIDENT
Phone
(858) 326-5227
Return prepared by
BAKER TILLY ADVISORY GROUP LP

California records

California keeps its own records of charities and corporations. Search them by EIN 87-3910792 or by the name SANFORD LABORATORIES FOR INNOVATIVE MEDICINES.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

SANFORD LABORATORIES FOR INNOVATIVE MEDICINES (SANFORD LABS) IS A NOT-FOR-PROFIT BIOMEDICAL RESEARCH ORGANIZATION WITH A MISSION TO DISCOVER AND DELIVER NEXT-GENERATION PRECISION MEDICINES TO IMPROVE THE LIVES OF PATIENTS IN NEED.

990 for the year ended December 31, 2025

Program accomplishments

  • SANFORD LABORATORIES FOR INNOVATIVE MEDICINES (SANFORD LABS) IS AN INDEPENDENT, NOT-FOR-PROFIT COLLABORATIVE HUB WITH A MISSION TO ACCELERATE THE DEVELOPMENT OF NOVEL MOLECULAR MEDICINES FROM SCIENTIFIC DISCOVERY TO THE CLINIC. OUR CURRENT RESEARCH IS FOCUSED ON RNA THERAPEUTICS, A RAPIDLY EXPANDING CLASS OF DRUGS WITH THE POTENTIAL TO PROGRESS QUICKLY FROM CONCEPT TO PATIENT AND CHANGE THE STANDARD OF CARE FOR MANY LIFE-THREATENING DISEASES. (CONTINUED ON SCHEDULE O).OUR UNIQUE OPERATING MODEL FILLS A CRITICAL GAP FOR TRANSLATIONAL RESEARCH THAT DOES NOT FIT TRADITIONAL ACADEMIC LABS AND YET IS TOO EARLY FOR VENTURE OR INDUSTRY INVESTMENT. OUR RESEARCH TEAMS, LED BY TEAMS OF ENTREPRENEURIAL SCIENTISTS, ARE ORGANIZED AROUND THERAPEUTIC APPROACHES AND PLATFORM TECHNOLOGIES WITH BROAD APPLICABILITY TO A RANGE OF DISEASES, THUS ENABLING THE EFFICIENT PROTOTYPING OF MULTIPLE NEW MEDICINES IN PARALLEL. IN ADDITION TO OUR INTERNAL RESEARCH, WE ARE ACTIVELY FORGING COLLABORATIONS ACROSS THE DYNAMIC LIFE SCIENCE ECOSYSTEM AND AIM TO ENHANCE SAN DIEGO'S LEADERSHIP AS A WORLD-CLASS CLUSTER IN RNA BIOLOGY AND MEDICINES.
    Expenses $6,935,210

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-3910792
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$24,010,371
Income (IRS master file)
$12,981,159

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$12,981,159$8,745,570$24,010,371IRS
990December 2024$12,779,638$7,949,869$20,157,004IRS
990December 2023$12,532,763$3,933,217$26,076,643XML
990December 2022$2,001,082$15,825$12,004,057IRS
990-N for 2021
Officer: Kristiina Vuori
December 31, 2021≤ $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 87-3910792).

Questions about SANFORD LABORATORIES FOR INNOVATIVE MEDICINES

What is the EIN of SANFORD LABORATORIES FOR INNOVATIVE MEDICINES?
The employer identification number (EIN) of SANFORD LABORATORIES FOR INNOVATIVE MEDICINES is 87-3910792.
Is SANFORD LABORATORIES FOR INNOVATIVE MEDICINES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to SANFORD LABORATORIES FOR INNOVATIVE MEDICINES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SANFORD LABORATORIES FOR INNOVATIVE MEDICINES 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 SANFORD LABORATORIES FOR INNOVATIVE MEDICINES 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 SANFORD LABORATORIES FOR INNOVATIVE MEDICINES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SANFORD LABORATORIES FOR INNOVATIVE MEDICINES?
The 990 for the year ended December 31, 2025 names KRISTIINA VUORI.
Who are the officers and directors of SANFORD LABORATORIES FOR INNOVATIVE MEDICINES?
The 990 for the year ended December 31, 2025 lists 9 people; 7 received compensation from the organization, the highest $337,115 (MICHAEL DOLLAR, CFO).
How much revenue does SANFORD LABORATORIES FOR INNOVATIVE MEDICINES have?
On its 990 for the year ended December 31, 2025 it reported revenue of $12,981,159, expenses of $8,745,570 and total assets of $24,010,371 at year end.

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