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THE ORGANIZATION WAS FORMED TO ACCELERATE ECONOMIC GROWTH AND JOB CREATION IN THE GREATER CENTRAL PENNSYLVANIA REGION THROUGH COMMERCIALIZATION OF DISCOVERIES IN THE LIFE SCIENCES.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$4.8M
Program Spending
36%
of total expenses go to program services
Total Contributions
$4.2M
Total Expenses
▼$1.1M
Total Assets
$19.4M
Total Liabilities
▼$170.9K
Net Assets
$19.3M
Officer Compensation
→$663.4K
Other Salaries
N/A
Investment Income
$588K
Fundraising
▼N/A
Tax Year 2024 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $100K
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
PENN STATE UNIVERSITY24-6000376 | UNIVERSITY PARK, PA | $100K | Cash | — |
| Total | $100K | |||
UNIVERSITY PARK, PA
$100K
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $4.8M | $4.2M | $1.1M | $19.4M | $19.3M |
| 2023IRS e-File | $2.5M | $1.7M | $1.3M | $21.6M | $18.4M |
| 2022 | $1.5M | $1M | $1.8M | $23.3M | $19.3M |
| 2021 | $2.2M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Michele Washko | Pres/ceo | 40 | $336.9K | $0 | $31.6K | $368.5K |
| Gregory Jackson | Evp-treasure | 40 | $326.5K | $0 | $13.1K | $339.6K |
Michele Washko
Pres/ceo
$368.5K
Hrs/Wk
40
Compensation
$336.9K
Related Orgs
$0
Other
$31.6K
Gregory Jackson
Evp-treasure
$339.6K
Hrs/Wk
40
Compensation
$326.5K
Related Orgs
$0
Other
$13.1K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Frank Epifano | Director | 5 | $0 | $0 | $0 | $0 |
| Haichen Yang | Director | 5 | $0 | $0 | $0 | $0 |
| Jennifer Gilburg | Director | 5 | $0 | $0 | $0 | $0 |
| Jonathan Morris Md | Director | 5 | $0 | $0 | $0 | $0 |
| Nishit Trivedi Phd | Director | 5 | $0 | $0 | $0 | $0 |
| R Sam Niedbala Phd | Director |
Frank Epifano
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Haichen Yang
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Jennifer Gilburg
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
| $1.2M |
| $1.7M |
| $22.5M |
| $22.4M |
| 2020 | $1.9M | $1.1M | $1.7M | $26.1M | $25.9M |
| 2019 | $1.3M | $744.3K | $1.7M | $26.3M | $26.1M |
| 2018 | $3.3M | $1.7M | $1.6M | $25.9M | $25.7M |
| 2017 | $2.9M | $2M | $1.5M | $26.4M | $26.1M |
| 2016 | $2.2M | $1.7M | $1.4M | $24.2M | $23.6M |
| 2015 | $7.7M | $917.2K | $1.6M | $22.2M | $21.7M |
| 2014 | $2M | $890.6K | $1.6M | $18M | $17.5M |
| 2013 | $1.2M | $160.4K | $1.6M | $19.8M | $19.5M |
| 2012 | $2M | $1.1M | $1.8M | $20.4M | $20.2M |
| 2011 | $2.7M | $1.2M | $2.6M | $18.9M | $18.8M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 5 |
| $0 |
| $0 |
| $0 |
| $0 |
| Rebecca Stametz | Director | 5 | $0 | $0 | $0 | $0 |
| Ron Thiboutot Phd | Director-til | 40 | $0 | $0 | $0 | $0 |
| Stephanie Reisinger | Director | 5 | $0 | $0 | $0 | $0 |
| Thomas Penn | Director | 5 | $0 | $0 | $0 | $0 |
Jonathan Morris Md
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Nishit Trivedi Phd
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
R Sam Niedbala Phd
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Rebecca Stametz
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Ron Thiboutot Phd
Director-til
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Stephanie Reisinger
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0
Thomas Penn
Director
$0
Hrs/Wk
5
Compensation
$0
Related Orgs
$0
Other
$0