CHAN ZUCKERBERG BIOHUB INC

EIN: 811669175 501(c)(3) Medical Research

SAN FRANCISCO, CA

Total Revenue
$1,290,610,523
Total Expenses
$108,026,488
Total Assets
$1,479,585,206
Net Assets
$1,435,577,997
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CA
Principal Officer
BEN ROH
Phone
4155493300
Tax Period
2023-01-01 to 2023-12-31

CHAN ZUCKERBERG BIOHUB INC, founded in 2016, is a large national nonprofit in the Medical Research sector that reported $1.3B in total revenue in fiscal year 2023. Revenue surged 7765% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2B, a strong 92% operating margin.

Mission

ACCELERATING SCIENCE THROUGH ITS MISSION TO CURE, PREVENT OR MANAGE ALL DISEASES BY THE END OF THE 21ST CENTURY.

Program Service Accomplishments

Program 1
Expenses: $87,510,653 Revenue: $1,968,367

IN 2023 THE CHAN ZUCKERBERG BIOHUB NETWORK (CZ BIOHUB NETWORK) CONTINUED TO EXPAND ITS WORK. IN MARCH 2023, CZI ANNOUNCED THE CHAN ZUCKERBERG BIOHUB CHICAGO (CZ BIOHUB CHICAGO) WHICH CATALYZES...

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IN 2023 THE CHAN ZUCKERBERG BIOHUB NETWORK (CZ BIOHUB NETWORK) CONTINUED TO EXPAND ITS WORK. IN MARCH 2023, CZI ANNOUNCED THE CHAN ZUCKERBERG BIOHUB CHICAGO (CZ BIOHUB CHICAGO) WHICH CATALYZES COLLABORATION BETWEEN THE UNIVERSITY OF CHICAGO, NORTHWESTERN UNIVERSITY, AND THE UNIVERSITY OF ILLINOIS URBANA-CHAMPAIGN TO DEVELOP NEW TECHNOLOGIES FOR STUDYING AND MEASURING HUMAN BIOLOGY THAT WILL USE EMBEDDED SENSORS AND PROBES TO COLLECT BIOLOGICAL SIGNALS FROM HUMAN TISSUES WITH UNPRECEDENTED RESOLUTION. CZI ANNOUNCED THE CHAN ZUCKERBERG BIOHUB NEW YORK IN OCTOBER 2023, WHICH BRINGS TOGETHER COLUMBIA UNIVERSITY, THE ROCKEFELLER UNIVERSITY, AND YALE UNIVERSITY TO CREATE NEW TECHNOLOGIES TO CHARACTERIZE AND BIOENGINEER IMMUNE CELLS WITH THE ULTIMATE GOAL OF CREATING DISEASE-SPECIFIC "CELLULAR ENDOSCOPES" THAT CAN DETECT EARLY STAGES OF DISEASE IN CELLS, MONITOR CELL CHANGES, AND RESOLVE DISEASES BEFORE THEY BECOME UNTREATABLE. ALSO IN 2023, CZ BIOHUB CHICAGO HELD A LAUNCH EVENT WITH REPRESENTATIVES FROM THE UNIVERSITY OF CHICAGO, NORTHWESTERN UNIVERSITY, AND THE UNIVERSITY OF ILLINOIS URBANA-CHAMPAIGN, AS WELL AS CIVIC LEADERS. TOWARDS CZ BIOHUB CHICAGO'S WORK TO CREATE NEW TECHNOLOGIES TO UNDERSTAND INFLAMMATION, IT LAUNCHED ITS FIRST INVESTIGATOR PROGRAM AND ALSO THE SPOKE AWARDS PROGRAM. THE INVESTIGATOR PROGRAM FUNDS SCIENTISTS TO PERFORM HIGH-RISK, HIGH-REWARD RESEARCH ON TOPICS RELATED TO INSTRUMENTED TISSUES AND RESEARCH LINKED TO INFLAMMATION AND THE FUNCTIONS OF THE IMMUNE SYSTEM. SINGLE AND TEAM PROPOSALS WERE SELECTED AFTER A COMPETITIVE PROCESS THAT LED TO 25 PROJECTS AND 48 INVESTIGATORS. INVESTIGATORS WILL ATTEND QUARTERLY INVESTIGATOR MEETINGS, WHICH PROVIDE OPPORTUNITIES TO BUILD COLLABORATIVE EFFORTS BETWEEN PARTNER UNIVERSITIES AND BIOHUB SCIENTISTS AND ENGINEERS, PRESENT PROGRESS FROM ONGOING WORK, AND INTERACT WITH EXTERNAL SPEAKERS.THE SPOKE AWARDS FACILITATE COLLABORATIONS BETWEEN BIOHUB SCIENTISTS & ENGINEERS AND INVESTIGATORS FROM THE THREE PARTNER UNIVERSITIES. PROJECTS WILL DEVELOP INSTRUMENTED TISSUES AND THEIR APPLICATION TO INFLAMMATION AND THE RELATED FUNCTIONS OF THE IMMUNE SYSTEM. THESE FOCUSED ONE-YEAR PROJECTS WILL ESTABLISH PROOF-OF-CONCEPT FOR A VARIETY OF INSTRUMENTED TISSUES, PRODUCE INITIAL DATA SETS SHOWCASING THE INSTRUMENTED TISSUE APPROACH, AND PURSUE COMPUTATIONAL METHODS FOR FURTHER MINING AND DISSEMINATION OF DATA.THE CZ BIOHUB NETWORK ALSO EXPANDED TO INCLUDE THE CHAN ZUCKERBERG INSTITUTE FOR ADVANCED BIOLOGICAL IMAGING (CHAN ZUCKERBERG IMAGING INSTITUTE), WHICH DEVELOPS IMAGING HARDWARE AND SOFTWARE TECHNOLOGY TO UNDERSTAND COMPLEX BIOLOGICAL SYSTEMS. THE CHAN ZUCKERBERG IMAGING INSTITUTE, IN PARTNERSHIP WITH CZI'S SCIENCE TECHNOLOGY TEAM, DEVELOPED AND RELEASED THE OPEN SOURCE CRYOET DATA PORTAL TO GIVE BIOLOGISTS AND DEVELOPERS OPEN ACCESS TO HIGH-QUALITY, STANDARDIZED, ANNOTATED DATA THEY CAN READILY USE TO RETRAIN OR DEVELOP NEW ANNOTATION MODELS AND ALGORITHMS. THE CHAN ZUCKERBERG IMAGING INSTITUTE ALSO PURCHASED AND ASSEMBLED ITS FIRST KRIOS MICROSCOPE. ADDITIONALLY, THE CHAN ZUCKERBERG IMAGING INSTITUTE RELEASED SEVERAL OPEN ACCESS TOOLS ON ITS WEBSITE, INCLUDING ARETOMO2, GCTFFIND, AND MOTIONCOR3. THE CHAN ZUCKERBERG BIOHUB SAN FRANCISCO (CZ BIOHUB SF) CELEBRATED ITS 7TH ANNIVERSARY AS A MEDICAL RESEARCH ORGANIZATION. CONSISTENT WITH OUR MISSION, CZ BIOHUB SF CONTINUED TO FOCUS ON LARGE-SCALE SCIENTIFIC INITIATIVES THAT WE ARE UNIQUELY POSITIONED TO SUPPORT AND EXECUTE, EACH ON A MULTI-YEAR TIMELINE:1. INTRAMURAL RESEARCH PROJECTS LED BY CZ BIOHUB SF RESEARCHERS AIMED AT UNDERSTANDING DYNAMIC CELL SYSTEMS ACROSS SCALES IN BOTH HEALTHY AND DISEASED STATES.2. PROGRAMS SUPPORTING SCIENTISTS, PHYSICIANS, AND ENGINEERS AT OUR PARTNER UNIVERSITIES (STANFORD UNIVERSITY; UC SAN FRANCISCO; UC BERKELEY) THROUGH THE CZ BIOHUB SF INVESTIGATOR PROGRAM, PHYSICIANSCIENTIST FELLOWSHIP PROGRAM, AND COLLABORATIVE POSTDOCTORAL FELLOWSHIP PROGRAM.HIGHLIGHTS:-OUR COMPUTATIONAL MICROSCOPY TEAM ANNOUNCED THEIR "MANTIS" MICROSCOPY PLATFORM. WHEN COMBINED WITH CZ BIOHUB SF-CREATED SOFTWARE PACKAGES SHRIMPY AND VISCY, THE SYSTEM ENABLES RAPID HIGH-DIMENSIONAL IMAGING OF MOLECULAR DYNAMICS IN THE CONTEXT OF CELL MORPHOLOGY.-LEVERAGING CELL BIOLOGY, DATA SCIENCE, MASS SPECTROMETRY, GENOMICS, AND VIROLOGY, THE INTRACELLULAR ARCHITECTURE GROUP MAPPED THE SUBCELLULAR LOCALIZATION OF VIRTUALLY ALL CELLULAR PROTEINS. WITH THIS APPROACH THEY WERE ABLE TO SHOW HOW A SARS-RELATED CORONAVIRUS CONSCRIPTS CELLULAR MACHINERY, RELOCATING OVER 600 PROTEINS FROM ONE CELLULAR ORGANELLE TO ANOTHER TO SUPPORT VIRAL REPLICATION.-MEMBERS OF THE ORGANISMAL ARCHITECTURE GROUP TRAVELED TO KRAKOW, POLAND, TO PRESENT CZ BIOHUB SF'S ZEBRAHUB PROJECTAN ATLAS OF EARLY ZEBRAFISH DEVELOPMENT THAT COMBINES STATE-OF-THE-ART LIGHT-SHEET IMAGING AND SINGLE-CELL TRANSCRIPTOMICSAT THE 12TH EUROPEAN ZEBRAFISH MEETING. ZEBRAHUB WAS CITED IN A "METHOD OF THE YEAR" ROUNDUP IN THE JOURNAL NATURE METHODS.-CZ BIOHUB SF INVESTIGATOR CHRIS LOWE, ALONG WITH GRADUATE STUDENT LAURENT FORMERY, PUBLISHED A STUDY IN NATURE THAT UPENDED THE GENERALLY ACCEPTED THEORY OF SEA STAR EVOLUTION AND DEVELOPMENT, PROVIDING A NEW SOLUTION TO A LONG-STANDING PUZZLE IN EVOLUTIONARY/DEVELOPMENTAL BIOLOGY. THE WORK WAS COVERED IN THE WASHINGTON POST, SCIENTIFIC AMERICAN, AND MANY OTHER OUTLETS.-OUR RAPID RESPONSE TEAM HOSTED RESEARCHERS FROM THE MAHIDOL-OXFORD TROPICAL MEDICINE RESEARCH UNIT IN BANGKOK FOR SCHOLARLY EXCHANGE AND TRAINING IN NEXT-GENERATION METAGENOMIC SEQUENCING TECHNIQUES FOR INFECTIOUS DISEASE DIAGNOSIS AND SURVEILLANCE.-CZ BIOHUB SF SENIOR INVESTIGATOR PETER KIM OF STANFORD UNIVERSITY DESIGNED A NOVEL, SHELF-STABLE, LOW-COST COVID-19 NANOPARTICLE VACCINE THAT SUCCESSFULLY NEUTRALIZED ALL SARS-COV-2 VARIANTS OF CONCERN, AND ELICITED AN ANTIBODY RESPONSE 100-FOLD GREATER THAN THAT SEEN WITH MRNA-BASED VACCINES.-OUR PRESIDENT, JOSEPH DERISI, AND COLLEAGUES PUBLISHED A PAPER REPORTING THAT NITROXOLINE, A WELL-TOLERATED DRUG APPROVED IN EUROPE FOR URINARY TRACT INFECTIONS, SUCCESSFULLY TREATED A PATIENT INFECTED WITH BALAMUTHIA MANDRILLARIS, A "BRAIN-EATING AMOEBA." B. MANDRILLARIS INFECTIONS ARE ALMOST ALWAYS FATAL, BUT DERISI SHOWED IN A 2018 SCREENING STUDY THAT NITROXOLINE WAS EFFECTIVE AGAINST THE PARASITE IN THE LAB.

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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 $1,284,038,212
Program Service Revenue $1,968,367
Investment Income $4,264,016
Other Revenue $339,928
TOTAL REVENUE $1,290,610,523

Expense Breakdown

Grants Paid $32,363,671
Salaries & Benefits $38,807,920
Fundraising Expenses $0
Program Expenses $87,510,653
Other Expenses $36,854,897
TOTAL EXPENSES $108,026,488

Year-over-Year Comparison

2023 2022 Change
Revenue $1,290,610,523 $16,409,981 +77.6%
Expenses $108,026,488 $90,813,707 +0.2%
Net Income $1,182,584,035 $-74,403,726 -16.9%
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
10
Independent Members
6
Employees
225
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
4
$2,850,288
Total Directors
11
$1,263,606
Key Employees
11
$5,692,043
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH DERISI DIRECTOR, PRESIDENT CZB SF 40.00
Officer Director
$899,509 $61,931 $961,440
STEPHEN QUAKE PRESIDENT & DIRECTOR 10.00
Officer Director
$302,166 $0 $302,166
CORI BARGMANN DIRECTOR 2.00
Director
$0 $0 $0
JOHN HENNESSY DIRECTOR (ENDS 11/2023) 2.00
Director
$0 $0 $0
MARK ZUCKERBERG DIRECTOR 2.00
Director
$0 $0 $0
MIKE SCHROEPFER DIRECTOR (STARTS 11/2023) 2.00
Director
$0 $0 $0
PAUL ALIVISATOS DIRECTOR (STARTS 08/2023) 2.00
Director
$0 $0 $0
PRISCILLA CHAN DIRECTOR 2.00
Director
$0 $0 $0
REID HOFFMAN DIRECTOR 2.00
Director
$0 $0 $0
SAM ALTMAN DIRECTOR (STARTS 11/2023) 2.00
Director
$0 $0 $0
SAM HAWGOOD DIRECTOR (STARTS 11/2023) 2.00
Director
$0 $0 $0
VICTOR COLUNGA CFO & TREASURER 40.00
Officer
$768,966 $54,902 $823,868
MELINDA GRIFFITH SECRETARY, CZB NETWORK/CLO, CZB SF 40.00
Officer
$717,557 $45,257 $762,814
SANDRA L SCHMID CHIEF SCIENTIFIC OFFICER, CZB SF 40.00
Key Emp
$749,325 $42,207 $791,532
SONYA ZILKA CHIEF PEOPLE OFFICER 40.00
Key Emp
$662,323 $38,708 $701,031
AMY E HERR CHIEF TECH OFFICER, CZB NETWORK 40.00
Key Emp
$641,670 $33,909 $675,579
ROSIO ALVAREZ CHIEF INFORMATION OFFICER 40.00
Key Emp
$604,832 $43,785 $648,617
SHANA KELLEY PRESIDENT, CZB CHICAGO 40.00
Key Emp
$600,427 $37,577 $638,004
MATTHIAS HAURY ACTING EXEC DIRECTOR & COO, CZII 40.00
Key Emp
$411,486 $7,551 $419,037
DAVID ANDREW AGARD FOUNDING SCIENTIFIC DIRECTOR, CZII 40.00
Key Emp
$375,449 $30,368 $405,817
CLINTON POTTER FOUNDING TECHNICAL DIRECTOR, CZII 40.00
Key Emp
$373,568 $11,618 $385,186
BRIDGET CARRAGHER FOUNDING TECHNICAL DIRECTOR, CZII 40.00
Key Emp
$376,909 $6,704 $383,613
WILLIAM BURKHOLDER DIR/SCIENTIFIC PRGM MGMT, CZB SF 40.00
Key Emp
$290,821 $61,625 $352,446
ANDREA CALIFANO PRESIDENT, CZ BIOHUB NY 40.00
Key Emp
$281,648 $9,533 $291,181
RAFAEL GOMEZ-SJOBERG CHIEF TECHOLOGY OFFICER, CZB SF 40.00
Highest
$499,432 $69,822 $569,254
CRAIG KAPFER SR DIRECTOR, SCIENTIFIC COMPUTING 40.00
Highest
$376,667 $48,368 $425,035
ANNETTE PARENT LEAD IP COUNSEL, CZB SF 40.00
Highest
$358,815 $44,510 $403,325
ASTRID HO CONTROLLER 40.00
Highest
$303,790 $68,176 $371,966
CHRISTOPHER CHIN NETWORK SECURITY PRINCIPAL ENGR 40.00
Highest
$332,824 $36,376 $369,200
JIM KARKANIAS CHIEF TECHNOLOGY OFFICER 0.00
$192,500 $0 $192,500
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 $1,290,610,523 $108,026,488 $1,479,585,206 $1,182,584,035
2022 $16,409,981 $90,813,707 $271,112,430 $-74,403,726
2021 $10,314,755 $73,821,019 $338,316,919 $-63,506,264
2020 $14,019,977 $77,357,507 $404,074,181 $-63,337,530
2019 $12,243,476 $65,302,033 $468,214,819 $-53,058,557
2018 $9,797,106 $55,215,728 $521,261,848 $-45,418,622
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