Translational Genomics Research Institute
- Assets
- $224.2m
- Revenue
- $175.7m
- Investments
- $0.0
- Employees
- 469
- Location
- Phoenix, AZ
- Founding
- 12/2002
- Data as of
- 09/2021
- EIN
- 75-3065445
Organization Overview
Translational Genomics Research Institute is located in Phoenix, AZ. The organization was established in 2002. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. As of 09/2021, Translational Genomics Research Institute employed 469 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Translational Genomics Research Institute 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 09/2021, Translational Genomics Research Institute generated $175.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $99.2m during the year ending 09/2021. While expenses have increased by 12.0% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TARGETED DIGITAL SEQUENCING BLOOD BIOPSY TECHNOLOGY (TARDIS) - SEE SCHEDULE O
CLINICAL GENOMICS REFERENCE LABORATORY - SEE SCHEDULE O
INTEGRATED CANCER - SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Burleson Chief Operating Officer | Officer | 39 | $873,615 |
Daniel Von Hoff Physician In Chief | Officer | 40 | $754,185 |
Sunil Sharma Deputy Dir Of Clinic. Sciences | Officer | 40 | $580,764 |
Julia Bridge Professor | 40 | $419,925 | |
Nicholas Schork Professor | 40 | $404,122 | |
Michael Berens Deputy Director Of Research | Officer | 40 | $403,057 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Imaging Endpoints Ii Llc Consulting Services | 9/29/21 | $304,327 |
Ernst Young Llp Prof. Services | 9/29/21 | $271,615 |
Booth Udall Fuller Plc Legal Services | 9/29/21 | $250,482 |
Girikon Llc Consulting Services | 9/29/21 | $332,807 |
Firststrategic Consulting Services | 9/29/21 | $198,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $18,488,385 |
| Government grants | $11,044,321 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,745,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,277,806 |
| Total Program Service Revenue | $25,808,862 |
| Investment income | $92,533 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $50,072,669 |
| Net Rental Income | -$4,661,072 |
| Net Gain/Loss on Asset Sales | $68,096,992 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $175,687,790 |
| 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. | $4,023,188 |
| Compensation of current officers, directors, key employees. | $2,459,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,020,435 |
| Pension plan accruals and contributions | $986,277 |
| Other employee benefits | $2,718,130 |
| Payroll taxes | $2,278,802 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $859,830 |
| Fees for services: Accounting | $615,896 |
| Fees for services: Lobbying | $129,600 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,083,701 |
| Advertising and promotion | $580,043 |
| Office expenses | $15,851,745 |
| Information technology | $2,900,559 |
| Royalties | $16,270,899 |
| Occupancy | $486,255 |
| Travel | $99,011 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $211,185 |
| Interest | $114,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,075,085 |
| Insurance | $454,554 |
| All other expenses | $0 |
| Total functional expenses | $99,192,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,097,377 |
| Savings and temporary cash investments | $12,190,648 |
| Pledges and grants receivable | $9,007,792 |
| Accounts receivable, net | $283,706 |
| Loans from Officers, Directors, or Controlling Persons | $75,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,188,666 |
| Net Land, buildings, and equipment | $51,820,296 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,761,703 |
| Other assets | $10,808,786 |
| Total assets | $224,233,974 |
| Accounts payable and accrued expenses | $18,831,065 |
| Grants payable | $0 |
| Deferred revenue | $2,132,540 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $50,000 |
| Secured mortgages and notes payable | $47,372,761 |
| Unsecured mortgages and notes payable | $50,000 |
| Other liabilities | $1,267,672 |
| Total liabilities | $69,704,038 |
| Net assets without donor restrictions | $146,224,427 |
| Net assets with donor restrictions | $8,305,509 |
| 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 | $224,233,974 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Translational Genomics Research Institute has recieved totaling $2,868,865.
| Awarding Organization | Amount |
|---|---|
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ PURPOSE: SUPPORT THE TRUSTEES' NOW IS THE MOMENT CELEBRATION OF OUR COMMUNITY. | $2,000,000 |
William Randolph Hearst Foundation New York, NY PURPOSE: SUPPORT FOR ONGOING OPERATIONS | $200,000 |
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $195,720 |
Organization Name not Listed PURPOSE: NEUROLOGICAL SCIENCES INTERNSHIP PROGRAM AT TGEN DESIGNED TO GIVE HIGH SCHOOL AND UNDERGRADUATE STUDENTS INTENSIVE, HANDS-ON RESEARCH EXPERIENCE WORKING ALONGSIDE A MENTOR-SCIENTIST TO LEARN ABOUT TRANSLATIONAL RESEARCH WHILE INVESTIGATING QUESTIONS WITHIN NEUROLOGICAL SCIENCES. | | $93,395 |
The Matthew Larson Foundation For Pediatric Brain Tumors Franklin Lakes, NJ PURPOSE: MEDL RESEARCH | $75,000 |
Flinn Foundation Phoenix, AZ PURPOSE: FOLLOW ON SEED GRANT: INNOV APP FOR DIABETES PERSONALIZED | $50,000 |
Endowment Analysis
| Beg. Balance | $6,696,827 |
| Earnings | $517,109 |
| Net Contributions | $173,542 |
| Other Expense | $553,954 |
| Ending Balance | $6,833,524 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
J David Gladstone Institutes San Francisco, CA | $318,407,379 | $84,274,665 |
Lundquist Institute For Biomedical Innovation At Harbor-Ucla Medical Torrance, CA | $198,389,340 | $88,849,610 |
Sports Medicine Research And Testing Laboratory South Jordan, UT | $85,311,442 | $82,704,534 |
Veterans Medical Research Foundation Of Sd San Diego, CA | $7,321,086 | $16,367,755 |
Huntington Medical Research Institutes Pasadena, CA | $82,259,720 | $16,674,865 |
International Anesthesia Research Society San Francisco, CA | $39,176,119 | $7,595,072 |
California Heart Center Foundation Beverly Hills, CA | $198,494 | $2,474,527 |
House Institute Foundation Los Angeles, CA | $6,887,696 | $1,568,325 |
Center For Disease Analysis Foundation Inc Lafayette, CO | $3,700,943 | $2,026,951 |
The Gpcr Institute San Marcos, CA | $1,290,580 | $0 |
Musculoskeletal-Orthopedic Research And Education Foundation Phoenix, AZ | $591,829 | $1,272,150 |