SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE Charity Report

Public IRS 990 nonprofit record

SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE

EIN 20-8009370 · Research Institutes & Public Policy Analysis (H05)

What they do

to FACILITATE INTER-ORGANIZATIONAL, COLLABORATIVE STEM CELL and OTHER BIOMEDICAL RESEARCH AMONG SCIENTISTS EMPLOYED BY SUPPORTED ORGANIZATIONS INCLUDING, LA JOLLA INSTITUTE for IMMUNOLOGY, SALK INSTITUTE for BIOLOGICAL STUDIES, SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSTITUTE, SCRIPPS RESEARCH and THE UNIVERSITY of CALIFORNIA, SAN DIEGO.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.80%of revenue went to mission work91.8% of expenses · Program services

$187.56spent for every $100 of revenueSpending was higher than revenue this year.

7.53%of revenue went to management and office costs8.2% of expenses

$8.95in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,243,192 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $324,869 for LOUIS R COFFMAN (VICE PRESIDENT & COO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,953,170

Mission workProgram services$8,340,30283.80% of revenue91.8% of expenses

ManagementOffice and general costs$749,1687.53% of revenue8.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$863,7008.68% of revenueShown in gray on the chart

Total expenses$9,089,47091.32% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.8% mission · 8.2% management · 0.0% fundraisingTotal expenses: 91.32% of revenue

2023Expense mix: 92.1% mission · 7.9% management · 0.0% fundraisingTotal expenses: 108.69% of revenue

2022Expense mix: 92.0% mission · 8.0% management · 0.0% fundraisingTotal expenses: 103.54% of revenue

2021Expense mix: 92.5% mission · 7.5% management · 0.0% fundraisingTotal expenses: 110.73% of revenue

2020Expense mix: 91.9% mission · 8.1% management · 0.0% fundraisingTotal expenses: 101.03% of revenue

2019Expense mix: 92.3% mission · 7.7% management · 0.0% fundraisingTotal expenses: 102.65% of revenue

2018Expense mix: 92.1% mission · 7.9% management · 0.0% fundraisingTotal expenses: 99.84% of revenue

2017Expense mix: 93.1% mission · 6.9% management · 0.0% fundraisingTotal expenses: 118.84% of revenue

Money in and money out

Revenue$4,846,278

Expenses$9,089,470

Annual shortfall $4,243,192 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$8,340,302 · 91.8% of expenses

Management and office costs$749,168 · 8.2% of expenses

See all reported dollar amounts

Revenue$4,846,278

Expenses$9,089,470

Assets$81,338,654

Income$4,846,278

Mission work (program services)$8,340,302

Management and general$749,168

Accounting fees$45,205

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LOUIS R COFFMANVICE PRESIDENT & COO · 40 hrs/week $324,869Base $317,750 · Other $7,119

EDWARD HOLMESPRESIDENT & CEO · 20 hrs/week $72,347Base $46,440 · Other $25,907

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

LOUIS R COFFMANVICE PRESIDENT & COO

EDWARD HOLMESPRESIDENT & CEO

DAVID BRENNERDIRECTOR

ERICA OLLMANN SAPHIREDIRECTOR

FRED GAGEDIRECTOR

JON CARETHERSDIRECTOR

KIM WITMERVICE PRESIDENT & CFO

MALIN BURNHAMBOARD CHAIR

PRADEEP KHOSLADIRECTOR

PRADEP KHOSLADIRECTOR

RICHARD ATKINSONDIRECTOR

RICHARD HEYMANDIRECTOR

ROBIN SAMITVICE PRESIDENT & SECRETARY

T DENNY SANFORDBOARD VICE CHAIR

About this charity

Recognized since: January 2007
Location: 2880 TORREY PINES SCENIC DR, LA JOLLA, CA 92037-1004
County: San Diego
In care of: LOUIS COFFMAN
Primary officer: LOUIS COFFMAN, VICE PRESIDENT & COO

How to reach them

WebsiteVisit the charity’s website Phone(858) 869-1411

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Research Institutes & Public Policy Analysis (H05)
IRS tax category: Research Institutes & Public Policy Analysis