Microbiome Health Research Institute
- Assets
- $10.9m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 69
- Location
- Cambridge, MA
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 46-1681862
Organization Overview
Microbiome Health Research Institute, operating under the name Openbiome, is located in Cambridge, MA. The organization was established in 2013. According to its NTEE Classification (H70) the organization is classified as: Digestive Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Openbiome employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Openbiome 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 12/2021, Openbiome generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 11.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY EXEMPT PURPOSE OF MICROBIOME HEALTH RESEARCH INSTITUTE, INC. (ALSO KNOWN AS OPENBIOME) IS TO EXPAND SAFE ACCESS TO FECAL MICROBIOTA TRANSPLANTATION AND TO CATALYZE RESEARCH INTO THE HUMAN MICROBIOME.
Describe the Organization's Program Activity:
ENFORCEMENT DISCRETION PROGRAM: OPENBIOME SEEKS TO ELIMINATE THE PRACTICAL BARRIERS TO FECAL MICROBIOTA TRANSPLANTATION (FMT) FOR THE TREATMENT OF RECURRENT C. DIFFICILE INFECTION. OPENBIOME AIMS TO ENSURE THAT THOSE WHO NEED FMT HAVE SAFE, CONVENIENT, AND AFFORDABLE ACCESS TO THE TREATMENT THROUGH THEIR PHYSICIAN. UNDER THE FDAS ENFORCEMENT DISCRETION RULING FOR FMT, WE STRIVE TO MAKE THE PATH TO TREATMENT AS SIMPLE AS POSSIBLE FOR PATIENTS AND THEIR DOCTORS, WHILE BRINGING A LEVEL OF SAFETY AND STANDARDIZATION TO THE PROCESS THAT HAS SET THE STANDARD FOR THIS EMERGING FIELD. OPENBIOME PROVIDES RIGOROUSLY SCREENED, READY-TO-USE FECAL MICROBIOTA PREPARATIONS SO THAT PHYSICIANS CAN DEVOTE THEIR TIME AND ENERGY TO TREATING PATIENTS, RATHER THAN THE COMPLEXITIES OF MANAGING A STOOL DONOR PROGRAM.
CLINICAL RESEARCH PROGRAM: OPENBIOME SEEKS TO ACCELERATE RESEARCH ON THE HUMAN MICROBIOME. TO DO SO, WE OFFER A RANGE OF SERVICES INCLUDING PROVIDING TAILORED FECAL MICROBIOTA SAMPLES, STRAINS AND ISOLATES TO RESEARCHERS, BIOINFORMATICS AND ANALYTICAL SERVICES TO REGULATORY SUPPORT. WE ALSO AID IN CLINICAL TRIAL DESIGN AND COMMISSION OUR OWN STUDIES OF EXCEPTIONAL INTEREST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Folk Chief Quality Officer | Officer | 40 | $203,420 |
Ken Linde Chief Information Officer | Officer | 40 | $189,968 |
Majdi Osman MD MPH Chief Medical Officer | Officer | 40 | $183,859 |
Mazie Mcleod Chief Operating Officer | Officer | 40 | $172,803 |
Robert Kankus Director Of Quality | Officer | 40 | $160,868 |
Shevon Walker Dir Of Cmc & Supply Chain Logistics | 40 | $140,486 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vermonster Llc Web Development Services | 12/30/17 | $132,290 |
Mintz Levin Cohn Ferris Glovsky And Legal Services | 12/30/17 | $216,399 |
United Parcel Service Inc Delivery Services | 12/30/17 | $100,321 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,155,317 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,467 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,212,784 |
| Total Program Service Revenue | $1,026,171 |
| Investment income | $23,357 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,325,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,379,128 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $364,090 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,330,530 |
| 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. | $498,529 |
| Compensation of current officers, directors, key employees. | $72,758 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $925,086 |
| Pension plan accruals and contributions | $43,562 |
| Other employee benefits | $333,108 |
| Payroll taxes | $123,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $76,627 |
| Fees for services: Accounting | $59,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $173,493 |
| Information technology | $196,112 |
| Royalties | $3,075 |
| Occupancy | $276,579 |
| Travel | $18,036 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,256 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,101 |
| Insurance | $144,913 |
| All other expenses | $0 |
| Total functional expenses | $3,245,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,553,224 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $660,668 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,183,545 |
| Prepaid expenses and deferred charges | $157,105 |
| Net Land, buildings, and equipment | $62,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $270,455 |
| Total assets | $10,887,542 |
| Accounts payable and accrued expenses | $353,266 |
| 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 | $1,090,595 |
| Total liabilities | $1,443,861 |
| Net assets without donor restrictions | $9,443,681 |
| Net assets with donor restrictions | $0 |
| 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 | $10,887,542 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Microbiome Health Research Institute has recieved totaling $182.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $182 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Microbiome Health Research Institute Cambridge, MA | $10,887,542 | $6,330,530 |
National Pressure Ulcer Advisory Panel Inc Westford, MA | $1,611,877 | $813,572 |
Digestive Disease Research Foundation New York, NY | $716,671 | $240,797 |
Athletes Vs Crohns Inc Scarsdale, NY | $218,270 | $0 |
Bockus International Society Of Gastroenterology Inc East Hills, NY | $856,456 | $41,444 |