Securebio Inc is located in Cambridge, MA. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 12/2023, Securebio Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Securebio Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Securebio Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $2.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE CATASTROPHIC RISKS FROM NOVEL BIOTECHNOLOGIES BY CONDUCTING RESEARCH ON PANDEMIC PREVENTION, DETECTION, AND MITIGATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS PART OF ITS SECUREDNA PROJECT, THE ORGANIZATION MADE SIGNIFICANT PROGRESS IN 2023 ON ITS GENE SYNTHESIS SCREENING SOFTWARE. THE TEAM RELEASED AN ALPHA VERSION AND PREPARED FOR A PUBLIC BETA LAUNCH. THIS FREE SOFTWARE OFFERS BEST-IN-CLASS PERFORMANCE IN SCREENING CRITERIA AND RUNS AGAINST A CONTINUOUSLY UPDATED HAZARD DATABASE. SECUREDNA UNIQUELY INTEGRATES WITH BOTH VENDOR ORDER FLOWS AND BENCHTOP SYNTHESIZERS. THE ORGANIZATION SUCCESSFULLY TESTED WITH MAJOR MANUFACTURERS AND COLLABORATED WITH LEADING GENE SYNTHESIS COMPANIES IN THE US AND CHINA. TWO PAPERS WERE PREPARED FOR SUBMISSION TO NATURE, ONE ON THE SCREENING SYSTEM AND ANOTHER ON ITS CRYPTOGRAPHIC ARCHITECTURE. THESE ADVANCEMENTS FURTHER THE ORGANIZATION'S GOAL OF SECURELY MONITORING SYNTHETIC DNA ORDERS AGAINST VARIOUS PUBLIC HEALTH HAZARDS.
AS PART OF ITS WORK ON THE NUCLEIC ACID OBSERVATORY (NAO) PROJECT, THE ORGANIZATION RUNS EXPERIMENTS TO DETECT METAGENOMIC SEQUENCES IN WASTERWATER, WITH THE ULTIMATE AIM OF DETECTING NEW DISEASES BEFORE THEY GROW EXPONENTIALLY IN THE COMMUNITY. IN 2023, THE NAO TEAM CONDUCTED A MAJOR EXPERIMENT, COLLECTING WASTEWATER SAMPLES FROM A PROMINENT US AIRPORT AND ONE OF THE NATION'S LARGEST WASTEWATER TREATMENT PLANTS. THIS RICH DATASET IS SLATED FOR ANALYSIS IN THE COMING YEAR. THE TEAM EXPANDED ITS RESEARCH OUTPUT, PUBLISHING A PAPER ON PATHOGEN ABUNDANCE AS A FUNCTION OF DISEASE PREVALENCE, BUILDING UPON THEIR PREVIOUS REPORT ON THE TOPIC. ADDITIONALLY, THEY RELEASED A PAPER ON VIRUS-LIKE PHAGEMIDS, WHICH WERE DESIGNED AND BUILT IN-HOUSE TO EXPERIMENTALLY CHARACTERIZE WASTEWATER-BASED PATHOGEN MONITORING SYSTEMS. TO ACCELERATE DISEASE DETECTION CAPABILITIES IN WASTEWATER, THE ORGANIZATION INITIATED WORK ON A MORE IMMEDIATE NAO PILOT PROJECT, FOCUSING ON SPECIFIC PATHOGENS RATHER THAN THE FULL-SCALE, PATHOGEN-AGNOSTIC APPROACH OF THE PRIMARY NAO INITIATIVE.
AS PART OF ITS WORK ON THE FAR-UVC PROJECT, THE ORGANIZATION CONDUCTED AN IN-DEPTH EXAMINATION OF THE SAFETY OF FAR-UVC GERMICIDAL LIGHT THROUGHOUT 2023. THIS COMPREHENSIVE STUDY INVOLVED CONVENING A GROUP OF EXPERTS FOR BOTH IN-PERSON AND REMOTE WORKSHOPS OVER A 12-MONTH PERIOD. THE CULMINATION OF THIS EXTENSIVE RESEARCH WAS THE RELEASE OF A MAJOR PAPER ON FAR-UVC SAFETY, EFFECTIVELY CONCLUDING THE ORGANIZATION'S WORK ON THIS PROJECT. WHILE THE ORGANIZATION DESIGNED A CLINICAL STUDY TO FURTHER INVESTIGATE THE APPLICATION OF FAR-UVC TECHNOLOGY, IT DETERMINED THAT EXECUTING SUCH A TRIAL WAS NOT FEASIBLE GIVEN THE AVAILABLE RESOURCES. THIS DECISION MARKED THE COMPLETION OF THE ORGANIZATION'S ACTIVE INVOLVEMENT IN THE FAR-UVC RESEARCH INITIATIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vaishnav Sunil Treasurer | Officer | 4 | $8,400 |
Benjamin Mueller Executive Dir. | OfficerTrustee | 1 | $0 |
Kevin Esvelt Director | Trustee | 0.5 | $0 |
Sawyer Bernath Director | Trustee | 0.5 | $0 |
William Bradshaw Secretary | Officer | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hong-wen Walther Chen Software Development | 12/30/23 | $128,790 |
Theia Vogel Software Development | 12/30/23 | $169,395 |
Nomadic Workplace Llc Software Development | 12/30/23 | $210,669 |
Leonard Foner Software Development | 12/30/23 | $288,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $4,245,450 |
Noncash contributions included in lines 1a–1f | $444,795 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,245,450 |
Total Program Service Revenue | $18,529 |
Investment income | $52,990 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,319,125 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $8,400 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $621,430 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $48,640 |
Payroll taxes | $47,067 |
Fees for services: Management | $0 |
Fees for services: Legal | $119,898 |
Fees for services: Accounting | $31,709 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,544,973 |
Advertising and promotion | $0 |
Office expenses | $138,707 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $53,386 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,477 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $191,506 |
Insurance | $1,825 |
All other expenses | $5,640 |
Total functional expenses | $2,853,790 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,586,153 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $382,747 |
Accounts receivable, net | $18,529 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $867,811 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,855,240 |
Accounts payable and accrued expenses | $140,051 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $140,051 |
Net assets without donor restrictions | $3,579,633 |
Net assets with donor restrictions | $1,135,556 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,855,240 |