LYME DISEASE BIOBANK FOUNDATION

EIN: 473975911 501(c)(3) Diseases & Disorders

PORTLAND, OR

Total Revenue
$829,117
Total Expenses
$729,222
Total Assets
$77,403
Net Assets
$14,312
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DE
Principal Officer
liz horn
Phone
5038634494
Tax Period
2023-01-01 to 2023-12-31

LYME DISEASE BIOBANK FOUNDATION, founded in 2015, is a small nonprofit in the Diseases & Disorders sector that reported $829K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $729K left a modest 12% surplus.

Mission

TO ADVANCE KNOWLEDGE AND FACILITATE RESEARCH OF THE PATHOGENESIS, DIAGNOSIS AND TREATMENT OF LYME DISEASE AND OTHER TICK-BORNE INFECTIONS.

Program Service Accomplishments

Program 1
Expenses: $714,865 Revenue: $15,498

The Lyme Disease Biobank, sponsored by Bay Area Lyme Foundation, collects and characterize vital blood, urine and tissue samples for researchers. By collecting blood and urine from untreated patients...

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The Lyme Disease Biobank, sponsored by Bay Area Lyme Foundation, collects and characterize vital blood, urine and tissue samples for researchers. By collecting blood and urine from untreated patients with early-stage Lyme disease and patients with chronic disease as well as tissue samples from late-stage Lyme patients, this important program will help dramatically improve research efforts to accelerate medical breakthroughs in the understanding, diagnosis and treatment of Lyme disease and other tick-borne infections. The Lyme Disease Biobank is a collection of human biological samples that facilitates research of Lyme disease and other tick-borne infections. Currently, there are 97 research projects relying on Biobank samples. These projects are helping to pave the way for new diagnostics and therapeutics, as well as making strides to improve our understanding of Lyme and other tick-borne diseases and co-infections. The Lyme Disease Biobank is working with collection sites throughout the country. Through the end of 2023, more than 19,500 samples were shipped to researchers. We collected samples from 74 participants in 2023 bringing our total to 1,258 participants. Our persistent Lyme cohort now includes 150 participants. Additionally, Lyme Disease Biobank collaborates with the National Disease Research Interchange (NDRI) for the collection of surgical and post-mortem tissue samples, and partners with MyLymeData.org, a project of LymeDisease.org, to pair samples with clinical information that can further enhance research. In 2023, tissue was collected from 5 donors: 3 post-mortem donors and 2 surgeries. Since 2019, tissue has been collected from 15 post-mortem donors and 13 surgical donors.

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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 $813,619
Program Service Revenue $15,498
Investment Income $0
Other Revenue $0
TOTAL REVENUE $829,117

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,135
Fundraising Expenses $0
Program Expenses $714,865
Other Expenses $565,087
TOTAL EXPENSES $729,222

Year-over-Year Comparison

2023 2022 Change
Revenue $829,117 $1,014,899 -0.2%
Expenses $729,222 $956,573 -0.2%
Net Income $99,895 $58,326 +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
3
Independent Members
1
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
3
$358,728
Total Directors
3
$451,047
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA GIAMPA Director 3.0
Director
$0 $9,897 $259,047
WENDY ADAMS DIRECTOR, TREASURER 13.4
Officer Director
$0 $0 $192,000
LIZ HORN PRESIDENT 17.4
Officer
$166,728 $0 $166,728
BONNIE CRATER DIRECTOR, SECRETARY 0.08
Officer 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 $829,117 $729,222 $77,403 $99,895
2022 $1,014,899 $956,573 $87,022 $58,326
2021 $737,856 $898,459 $99,221 $-160,603
2020 $778,814 $817,600 $153,062 $-38,786
2019 $875,059 $993,300 $181,055 $-118,241
2018 $596,017 $683,588 $323,761 $-87,571
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