Global Vaccines Inc
- Assets
- $99.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Chapel Hill, NC
- Founding
- 09/2003
- Data as of
- 12/2022
- EIN
- 65-1161833
Organization Overview
Global Vaccines Inc is located in Chapel Hill, NC. The organization was established in 2003. According to its NTEE Classification (G99) the organization is classified as: Voluntary Health Associations & Medical Disciplines N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Global Vaccines Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Vaccines 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 12/2022, Global Vaccines Inc generated $45.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $25.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (31.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS CONTINUED TO DEVELOP UTILIZATION OF ITS LEAD PRODUCT, A VACCINE ADJUVANT WHICH ENHANCES THE HUMORAL, CELLULAR, AND MUCOSAL IMMUNITY RAISED BY A GIVEN VACCINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Johnston Executive Director | 1 | $0 | |
Joseph S Pagano MD Chair Of The Board | 0.5 | $0 | |
William Bunch CPA Board Member | 0.5 | $0 | |
Kelly T Mckee Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,075 |
| Total Program Service Revenue | $35,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,075 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,397 |
| Occupancy, rent, utilities, and maintenance | $516 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,324 |
| Total expenses | $25,237 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,550 |
| Other assets | $0 |
| Total assets | $99,742 |
| Total liabilities | $207,793 |
| Net assets or fund balances | -$108,051 |