XENOBE RESEARCH INSTITUTE

EIN: 201624945 501(c)(3)

San Diego, CA

Total Revenue
$209,265
Total Expenses
$147,500
Total Assets
$376,051
Net Assets
$376,051
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CA
Principal Officer
James J La Clair
Phone
8584013083
Tax Period
2023-07-01 to 2024-06-30

XENOBE RESEARCH INSTITUTE, founded in 2004, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $62K, a strong 30% operating margin.

Mission

The Xenobe Research Institute conducts research on natural and synthetic small molecule therapeutics with the ultimate goal of discovering and ultimately translating new materials for clinical trials.

Program Service Accomplishments

Program 1
Expenses: $64,883 Revenue: $-64,883

National Institutes of Health Grant R21NS128597. While well established as clinical targets, the lack of molecular probes to the large immunophilins continues to inhibit our ability to evaluate and...

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National Institutes of Health Grant R21NS128597. While well established as clinical targets, the lack of molecular probes to the large immunophilins continues to inhibit our ability to evaluate and drug them clinically. This program explores the development of a general platform to discover probes that target specific domains within a neurological protein. Using cyclophilin 40 (Cyp40), FK506-binding proteins FKBP51 and FKBP52, our team seeks to define critically needed reagents to understand the role of the `large immunophilin' family in neurological disease. We began studies on our recently funded R21 program and have reported signficance success within our initial year of funding.The revenue generated will be used for the latter half of the program. A two year award was provided within this funding period.These funds to cover salaries, research supplies, instrument time, and equipment access to complete these studies.

Program 2
Expenses: $56,186 Revenue: $-20,186

Varigen Biosciences / Terra Bioworks. Granted funding was provided to support small molecule isolation and structure elucidation efforts. These funds were used to cover research supplies, instrument...

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Varigen Biosciences / Terra Bioworks. Granted funding was provided to support small molecule isolation and structure elucidation efforts. These funds were used to cover research supplies, instrument time, and equipment access to complete these studies. Two publications were published: Pham NT, Alves J, Sargison FA, Cullum R, Wildenhain J, Fenical W, Butler MS, Mead DA, Duggan BM, Fitzgerald JR, La Clair JJ, Auer M. Nanoscaled Discovery of a Shunt Rifamycin from Salinispora arenicola Using a Three-Color GFP-Tagged Staphylococcus aureus Macrophage Infection Assay. ACS Infect Dis. 2023 Aug 11;9(8):1499-1507. Stankey RJ, Johnson D, Duggan BM, Mead DA, La Clair JJ. A Survey of Didemnin Depsipeptide Production in Tistrella. Mar Drugs. 2023 Jan 17;21(2):56. doi: 10.3390/md21020056.

Program 3
Expenses: $13,534 Revenue: $-34

National Institutes of Health Grant R01CA236352 via a Salk Institute Sub-Award. Studies associated with sub-award associated with NIH grant R01CA236352 were conducted. These studies focused on...

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National Institutes of Health Grant R01CA236352 via a Salk Institute Sub-Award. Studies associated with sub-award associated with NIH grant R01CA236352 were conducted. These studies focused on developing methods for plant natural product production, isolation and structure elucidation. As well as the preparation of probes and synthetic materials. The remaining funds are being used to support the ongoing efforts towards this program.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $209,265
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $209,265

Expense Breakdown

Grants Paid $0
Salaries & Benefits $64,883
Fundraising Expenses $0
Program Expenses $147,500
Other Expenses $82,617
TOTAL EXPENSES $147,500

Year-over-Year Comparison

2023 2022 Change
Revenue $209,265 $352,250 -0.4%
Expenses $147,500 $154,772 0.0%
Net Income $61,765 $197,478 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$44,193
Total Directors
2
$44,193
Key Employees
2
$44,193
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James J La Clair President 5
Officer Director Key Emp Highest
$44,193 $0 $44,193
Manfred Auer Director 5
Director Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $209,265 $147,500 $376,051 $61,765
2024 $61,315 $147,500 $228,101 $-86,185
2024 $61,315 $147,500 $228,101 $-86,185
2023 $352,250 $154,772 $314,286 $197,478
2023 $352,250 $154,772 $314,286 $197,478
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