Guardian Research Network Inc is located in Spartanburg, SC. The organization was established in 2017. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 09/2023, Guardian Research Network Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guardian Research Network 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 09/2023, Guardian Research Network Inc generated $9.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $11.9m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTNERED TO CONDUCT CANCER RESEARCH AND DEVELOPMENT STUDIES IN UNDERSERVED COMMUNITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
E Bruce Holstien Chairman And CEO | 4 | $0 | |
Mark Watson MD PHD Director And Chief Medical Officer | 40 | $325,770 | |
Robert D Siegel MD Director | 1 | $0 | |
Jay W Carlson Director | 1 | $0 | |
Mark Billings Director | 1 | $0 | |
Gerald Colman Director | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Manuh Solutions Llc | 9/29/23 | $2,273,153 |
Tbla Llc | 9/29/23 | $537,410 |
C&a Services Llc | 9/29/23 | $280,800 |
Charlene Smith-mccaw | 9/29/23 | $54,810 |
Stephen Hall | 9/29/23 | $261,529 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,002,200 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,825,992 |
| Total Revenue | $9,828,192 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,431,742 |
| Other employee salaries and wages | $2,871,537 |
| Pension plans, employee benefits | $424,807 |
| Interest | $6,410 |
| Taxes | $297,639 |
| Depreciation | $24,640 |
| Occupancy | $20,000 |
| Travel, conferences, and meetings | $30,582 |
| Printing and publications | $0 |
| Other expenses | $5,049,689 |
| Total operating and administrative expenses | $11,927,499 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $11,927,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,753,143 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $344,089 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $135,071 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,232,303 |
| Accounts payable and accrued expenses | $791,794 |
| Grants payable | $0 |
| Deferred revenue | $4,957,309 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,253,571 |
| Other liabilities | $2,262,777 |
| Total liabilities | $9,265,451 |