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EIN 84-3418742

Spectrum Biobank

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Portola Valley
State
California
Year formed
2019
Most recent tax filings
2022-12-01
NTEE code, primary
H00: Medical Research: General
Description
Spectrum Biobank, a non-profit organization, focuses on closing the genetic diversity gap by setting up a biobank to generate DNA sequence data from diverse populations. The organization partners with researchers to provide insights using the collected samples and educates underrepresented groups as well. Its mission is to create medicine for underprivileged communities and it is located in Portola Valley, CA.
Also known as...
Spectrum Research
Total revenues
$300,000
2022
Total expenses
$246,430
2022
Total assets
$421,635
2022
Num. employees
1
2022

Program areas at Spectrum Biobank

Spectrum is focused on bridging the diversity gap in genomics. To that effect it has setup a Biobank to generate dna sequence data from diverse populations and partner with researchers to provide insights using this data.

Who funds Spectrum Biobank

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Patrick J McGovern FoundationTo Support in Building A Diversity-First Biobank and Bridging the Diversity Gap in Genomics$300,000

Personnel at Spectrum Biobank

NameTitleCompensation
Danny ParkChief Executive Officer$110,000
Neel MurarkaChief Financial Officer$0
Adam AltmanSecretary$0

Financials for Spectrum Biobank

RevenuesFYE 12/2022
Total grants, contributions, etc.$300,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$300,000

Form 990s for Spectrum Biobank

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-11990View PDF
2021-122022-08-04990View PDF
Data update history
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $300,000 from The Patrick J McGovern Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
June 26, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Medical research organizationsResearch centersCharities
Issues
Science and technologyHealth
Characteristics
Conducts researchTax deductible donations
General information
Address
3130 Alpine Rd 102 Suite 288
Portola Valley, CA 94028
Metro area
San Francisco-Oakland-Berkeley, CA
Website URL
spectrumbiobank.org/ 
Phone
(650) 454-4859
IRS details
EIN
84-3418742
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H00: Medical Research: General
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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