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INSTITUTE FOR PROTEIN INNOVATION INC

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Public IRS 990 nonprofit record

INSTITUTE FOR PROTEIN INNOVATION INC

EIN 81-3250208 · Medical Research N.E.C. (H99)

What they do

THE INSTITUTE for PROTEIN INNOVATION is ADVANCING PROTEIN SCIENCE to ACCELERATE RESEARCH and IMPROVE HUMAN HEALTH.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $74.00 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 leaders18 people are listed in the latest report.

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

Money made simple

173.38%of revenue went to mission work74.0% of expenses · Program services
$234.41spent for every $100 of revenueSpending was higher than revenue this year.
61.03%of revenue went to management and office costs26.0% of expenses
$11.66in assets for every $1 spent this yearSome assets cannot be spent right away.
6.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $10,055,674 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $809,046 for KENNETH FASMAN (PRESIDENT & CEO/EX-OFFICIO). 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.

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$7,481,529
Mission workProgram services$12,971,110173.38% of revenue74.0% of expenses
ManagementOffice and general costs$4,566,09361.03% of revenue26.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$17,537,203234.41% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 74.0% mission · 26.0% management · 0.0% fundraisingTotal expenses: 234.41% of revenue
2023Expense mix: 68.2% mission · 31.8% management · 0.0% fundraisingTotal expenses: 314.17% of revenue
2022Expense mix: 62.6% mission · 37.4% management · 0.0% fundraisingTotal expenses: 328.07% of revenue
2021Expense mix: 64.6% mission · 35.4% management · 0.0% fundraisingTotal expenses: 212.15% of revenue
2020Expense mix: 70.9% mission · 28.9% management · 0.2% fundraisingTotal expenses: 4.63% of revenue
2019Expense mix: 72.9% mission · 23.9% management · 3.3% fundraisingTotal expenses: 30.71% of revenue
2018Expense mix: 82.9% mission · 13.3% management · 3.8% fundraisingTotal expenses: 466.36% of revenue
2017Expense mix: 86.2% mission · 13.2% management · 0.6% fundraisingTotal expenses: 44.04% of revenue

Money in and money out

Revenue$7,481,529
Expenses$17,537,203
Annual shortfall $10,055,674 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)$12,971,110 · 74.0% of expenses
Management and office costs$4,566,093 · 26.0% of expenses
See all reported dollar amounts
Revenue$7,481,529
Expenses$17,537,203
Assets$204,496,998
Income$74,209,892
Contributions$500,000
Mission work (program services)$12,971,110
Management and general$4,566,093
Stocks and bonds$185,747,029
Accounting fees$106,751
Investing fees$333,190
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
KENNETH FASMANPRESIDENT & CEO/EX-OFFICIO · 40 hrs/week $809,046Base $698,168 · Other $110,878
ROB MEIJERSSENIOR DIRECTOR ANTIBODY PLATFORM · 40 hrs/week $330,328Base $278,006 · Other $52,322
BETTINA STEVENSCFO (UNTIL 10/24) · 40 hrs/week $294,201Base $248,242 · Other $45,959
TRISHA GURADIR. OF COMMUNICATIONS · 40 hrs/week $283,955Base $239,660 · Other $44,295
ANDRE TEIXEIRASR. DIR. OF ANTIBODY PLATFORM · 40 hrs/week $283,342Base $238,270 · Other $45,072
DEBORAH MOSHINSKYDIRECTOR ANTIBODY CHARACTERIZATION · 40 hrs/week $280,383Base $237,606 · Other $42,777
CURTIS WALTONDIRECTOR OF LABORATORY AUTOMATION · 40 hrs/week $277,488Base $233,334 · Other $44,154

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 (18)

KENNETH FASMANPRESIDENT & CEO/EX-OFFICIO

ROB MEIJERSSENIOR DIRECTOR ANTIBODY PLATFORM

BETTINA STEVENSCFO (UNTIL 10/24)

TRISHA GURADIR. OF COMMUNICATIONS

ANDRE TEIXEIRASR. DIR. OF ANTIBODY PLATFORM

DEBORAH MOSHINSKYDIRECTOR ANTIBODY CHARACTERIZATION

CURTIS WALTONDIRECTOR OF LABORATORY AUTOMATION

DR AMIR NASHATDIRECTOR

DR AURO NAIRDIRECTOR

DR JEFFREY FLIERDIRECTOR (UNTIL 12/24)

DR MAYKIN HODIRECTOR

DR RUSTY WILLIAMSDIRECTOR

DR STEPHEN BLACKLOWDIRECTOR

DR STEVEN C ALMODIRECTOR

DR TIMOTHY A SPRINGERCO-FOUNDER/DIRECTOR

ISRAEL ROZENDIRECTOR

MICHAEL OHARATREASURER

SAMANTHA SINGERCHAIR

About this charity

Recognized since
January 2017
Location
4 BLACKFAN CIRCLE RM 921, BOSTON, MA 02115-5713
County
Suffolk
In care of
% SUZANNE MONAHAN
Primary officer
KENNETH FASMAN PHD, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
AAFCPAS INC
NTEE classification
Medical Research N.E.C. (H99)
IRS tax category
Medical Research N.E.C.

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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