Alliance For Safe Biologic Medicines
EIN: 274413226 · Arlington, VA · NTEE: E016
Is Alliance For Safe Biologic Medicines Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alliance For Safe Biologic Medicines
Alliance For Safe Biologic Medicines (EIN: 274413226) is a nonprofit organization based in Arlington, VA, classified under NTEE code E016. The organization reported total revenue of $295K and total assets of $373K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alliance For Safe Biologic Medicines's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alliance For Safe Biologic Medicines is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $520K |
| Surplus / Deficit | $-345,276 |
| Total Assets | $371K |
| Total Liabilities | $189K |
| Net Assets | $182K |
| Operating Margin | -197.3% |
| Debt-to-Asset Ratio | 51.0% |
| Months of Reserves | 8.6 months |
Financial Health Grade: C
In 2023, Alliance For Safe Biologic Medicines reported a deficit of $345K with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 51.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alliance For Safe Biologic Medicines's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1650.0% | -3.1% | -34.2% |
| 2022 | -98.1% | -3.9% | -47.3% |
| 2021 | -33.7% | +4.8% | -2.6% |
| 2020 | -4.0% | -28.0% | +29.6% |
| 2019 | -1.6% | -15.2% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alliance For Safe Biologic Medicines has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alliance For Safe Biologic Medicines with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $345K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.0%.
Frequently Asked Questions about Alliance For Safe Biologic Medicines
Is Alliance For Safe Biologic Medicines a legitimate charity?
Based on AI analysis of IRS 990 filings, Alliance For Safe Biologic Medicines (EIN: 274413226) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alliance For Safe Biologic Medicines spend its money?
Detailed spending breakdown data is not yet available for Alliance For Safe Biologic Medicines. Check back for updated IRS 990 analysis.
Are donations to Alliance For Safe Biologic Medicines tax-deductible?
Alliance For Safe Biologic Medicines is registered as a tax-exempt nonprofit (EIN: 274413226). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Alliance For Safe Biologic Medicines showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alliance For Safe Biologic Medicines's revenue has declined by 52.3%, moving from $367K to $175K. Total assets increased by 34.1% over the same period, from $277K to $371K. Total functional expenses rose by 284.7%, from $135K to $520K. In its most recent filing year (2023), Alliance For Safe Biologic Medicines reported a deficit of $345K, with expenses exceeding revenue. The organization holds $189K in liabilities against $371K in assets (debt-to-asset ratio: 51.0%), resulting in net assets of $182K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $520K | $371K | $189K | — | — |
| 2022 | $10K | $537K | $564K | $37K | — | View 990 |
| 2021 | $525K | $558K | $1.1M | $16K | — | View 990 |
| 2020 | $792K | $533K | $1.1M | $11K | — | View 990 |
| 2019 | $825K | $741K | $848K | $20K | — | View 990 |
| 2018 | $839K | $873K | $768K | $25K | — | View 990 |
| 2017 | $800K | $1.2M | $799K | $21K | — | View 990 |
| 2016 | $1.1M | $878K | $1.5M | $0 | — | View 990 |
| 2015 | $1.6M | $1.0M | $1.5M | $176K | — | View 990 |
| 2014 | $936K | $620K | $726K | $15K | — | View 990 |
| 2013 | $781K | $703K | $423K | $36K | — | View 990 |
| 2012 | $460K | $383K | $345K | $36K | — | View 990 |
| 2011 | $367K | $135K | $277K | $45K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $520K, and assets of $371K (revenue +1650.0% year-over-year).
- 2022: Revenue of $10K, expenses of $537K, and assets of $564K (revenue -98.1% year-over-year).
- 2021: Revenue of $525K, expenses of $558K, and assets of $1.1M (revenue -33.7% year-over-year).
- 2020: Revenue of $792K, expenses of $533K, and assets of $1.1M (revenue -4.0% year-over-year).
- 2019: Revenue of $825K, expenses of $741K, and assets of $848K (revenue -1.6% year-over-year).
- 2018: Revenue of $839K, expenses of $873K, and assets of $768K (revenue +4.9% year-over-year).
- 2017: Revenue of $800K, expenses of $1.2M, and assets of $799K (revenue -25.0% year-over-year).
- 2016: Revenue of $1.1M, expenses of $878K, and assets of $1.5M (revenue -35.2% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.0M, and assets of $1.5M (revenue +75.7% year-over-year).
- 2014: Revenue of $936K, expenses of $620K, and assets of $726K (revenue +19.8% year-over-year).
- 2013: Revenue of $781K, expenses of $703K, and assets of $423K (revenue +69.8% year-over-year).
- 2012: Revenue of $460K, expenses of $383K, and assets of $345K (revenue +25.5% year-over-year).
- 2011: Revenue of $367K, expenses of $135K, and assets of $277K.
Data Sources and Methodology
This transparency report for Alliance For Safe Biologic Medicines is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.