SAGE BIONETWORKS (EIN 264489946) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

Luca Foschini

Phone

2069288250

Tax Period

2023-01-01 to 2023-12-31

SAGE BIONETWORKS, founded in 2009, is a mid-sized nonprofit in the Science & Technology sector that reported $26.3M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Sage Bionetworks is on a mission to drive a new age of discovery through truly open science and radical collaboration. We aim to create a world where silos within and across science and technology no longer exist, forging a path to optimal human health.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,131,088

Program Service Revenue $6,198,781

Investment Income $0

Other Revenue $0

TOTAL REVENUE $26,329,869

Expense Breakdown

Grants Paid $2,177,616

Salaries & Benefits $19,247,056

Fundraising Expenses $130,842

Program Expenses $24,440,365

Other Expenses $4,952,847

TOTAL EXPENSES $26,407,953

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,329,869	$23,911,041	+0.1%
Expenses	$26,407,953	$24,221,152	+0.1%
Net Income	$-78,084	$-310,111	-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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

146

Volunteers

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

$786,425

Total Directors

Key Employees

$1,138,164

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Luca Foschini	President & CEO	50	Officer	$419,183	$33,123	$452,306
Kim Baggett	COO	50	Officer	$286,765	$47,354	$334,119
Brian O'Connor	Chief Data Officer	50	Key Emp	$263,068	$33,189	$296,257
Mike Kellen	Chief Technology Officer	50	Key Emp	$246,427	$23,863	$270,290
Bruce Hoff	Director, Synapse Team	50	Highest	$192,648	$41,445	$234,093
Ljubomir Bradic	Director, Design	50	Highest	$193,431	$38,130	$231,561
Julie Bletz	Director, SCCE	50	Highest	$185,014	$42,245	$227,259
Christine Fabre Suver	Chief Privacy & Compliance Officer	50	Key Emp	$186,755	$37,263	$224,018
Jay Hodgson	Director, Web Engineering Team	50	Highest	$184,652	$34,534	$219,186
Erin Mounts	Director, Bridge Platforms	50	Highest	$191,970	$24,869	$216,839
Anna Greewood	Director, ADTR	50	Key Emp	$179,965	$35,667	$215,632
Larsson Omberg	Vice President, Systems Biology	50	Key Emp	$111,269	$20,698	$131,967
Stephen Friend	Chairman of the Board	1	Director	$0	$0	$0
Eric Schadt	Director	1	Director	$0	$0	$0
Tony Ford-Hutchinson	Director	1	Director	$0	$0	$0
Gustavo Stolovitsky	Director	1	Director	$0	$0	$0
Cecilia Arradaza	Director	1	Director	$0	$0	$0
Tetsu Maruyama	Director	1	Director	$0	$0	$0
Carole Goble	Director	1	Director	$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
2024	No data	No data	No data	No data
2023	$26,329,869	$26,407,953	$10,800,289	$-78,084
2022	$23,911,041	$24,221,152	$11,242,073	$-310,111
2021	$26,396,727	$25,208,644	$7,319,840	$1,188,083
2020	$19,251,112	$19,724,290	$7,217,285	$-473,178
2019	$15,519,146	$16,840,351	$4,610,169	$-1,321,205
2018	$17,958,815	$14,722,316	$5,921,898	$3,236,499

SAGE BIONETWORKS