NUCLEATE BIO INC

EIN: 863225994 501(c)(3) Science & Technology

BRIGHTON, MA

Total Revenue
$1,759,669
Total Expenses
$1,992,315
Total Assets
$771,653
Net Assets
$495,176
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MA
Principal Officer
OLIVER DODD
Phone
6178722952
Tax Period
2025-01-01 to 2025-08-31

NUCLEATE BIO INC, founded in 2021, is a community nonprofit in the Science & Technology sector that reported $1.8M in total revenue in fiscal year 2025. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

EMPOWER TOMORROW'S BIOTECH LEADERS BY EDUCATING TODAY'S ACEDEMIC TRAINEES

Program Service Accomplishments

Program 1
Expenses: $1,696,750 Revenue: $13,590

ACTIVATOR PROGRAM - THE GOAL OF THE NUCLEATE "ACTIVATOR" PROGRAM IS TO PROVIDE A RIGOROUS AND COMPREHENSIVE EDUCATIONAL EXPERIENCE TO FUTURE BIOTECH ENTREPRENEURS. OUR CORE CURRICULUM CONSISTS OF...

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ACTIVATOR PROGRAM - THE GOAL OF THE NUCLEATE "ACTIVATOR" PROGRAM IS TO PROVIDE A RIGOROUS AND COMPREHENSIVE EDUCATIONAL EXPERIENCE TO FUTURE BIOTECH ENTREPRENEURS. OUR CORE CURRICULUM CONSISTS OF BI-WEEKLY WORKSHOPS HELD THROUGHOUT THE SPRING, AND CULMINATES IN A FINAL PITCH EVENT WHERE TEAMS SHOWCASE THEIR COMPANIES TO A LARGE AUDIENCE OF INDUSTRY STAKEHOLDERS.THE WORKSHOPS, CREATED IN COLLABORATION WITH OUR WORLD-CLASS ADVISORS, ARE STRUCTURED TO ADDRESS CRITICAL ASPECTS OF EARLY-STAGE LIFE SCIENCE COMPANY FORMATION. TOGETHER, THEY ARE DESIGNED TO PROVIDE A ROADMAP FOR TRANSLATING AND COMMERCIALIZING EARLY-STAGE TECHNOLOGY CONCEPTS.EACH WORKSHOP CONSISTS OF THREE PARTS:1) PRE-WORK - TEAMS PREPARE SLIDES AND DISCUSSION TOPICS AHEAD OF EACH WORKSHOP, WHICH ARE CIRCULATED TO WORKSHOP EXPERTS IN ADVANCE. AT THE END OF THE PROGRAM, THESE SLIDES WILL FORM THE BUILDING BLOCKS OF THEIR FINAL 10-15 MINUTE POLISHED PITCH DECK.2) HANDS-ON FEEDBACK - DURING THE 2-HOUR WORKSHOPS, TEAMS ARE PAIRED WITH EXPERTS RELEVANT TO THEIR TARGETED MARKET AND/OR TECHNOLOGY WHO PROVIDE FEEDBACK ON THE MATERIALS PRESENTED BY THE TEAMS.3) POST-WORK - AFTER EACH WORKSHOP, TEAMS INTEGRATE EXPERT FEEDBACK AND PROVIDE AN ON TOPIC, ONE PARAGRAPH WRITTEN SUMMARY OUTLINING WHAT WAS LEARNED AND WHAT QUESTIONS ARE STILL OUTSTANDIN. THE POST-WORK SUMMARY FROM EACH WORKSHOP WILL FUNCTION AS A BUILDING BLOCK FOR THE FINAL BUSINESS PLAN.BY THE END OF THE PROGRAM, TEAMS WILL LEAVE WITH A POLISHED PITCH DECK, WRITTEN BUSINESS PLAN, FUNDRAISING STRATEGY, AND A NETWORK OF RELEVANT INDUSTRY ADVISORS AND MENTORS. THIS YEAR, OUR CURRICULUM WILL BE MANAGED AND ADMINISTERED THROUGH THE EDUFLOW PLATFORM TO CREATE AN INTEGRATED, UNIFORM, AND SEAMLESS EXPERIENCE FOR PARTICIPANTS

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,734,138
Program Service Revenue $0
Investment Income $11,941
Other Revenue $13,590
TOTAL REVENUE $1,759,669

Expense Breakdown

Grants Paid $66,770
Salaries & Benefits $602,530
Fundraising Expenses $0
Program Expenses $1,696,750
Other Expenses $1,323,015
TOTAL EXPENSES $1,992,315

Year-over-Year Comparison

2025 2024 Change
Revenue $1,759,669 $2,418,388 -0.3%
Expenses $1,992,315 $2,204,873 -0.1%
Net Income $-232,646 $213,515 -2.1%
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
16
Independent Members
16
Employees
4
Volunteers
1000

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
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SOUFIANE ABOULHOUDA DIRECTOR 40.00
Officer Director
$0 $0 $0
MARISSA PETTIT JONES PRESIDENT 1.00
Officer Director
$0 $0 $0
OLIVER DODD TREASURER 40.00
Officer Director
$0 $0 $0
MATTHEW LANCHANTIN SECRETARY 1.00
Officer Director
$0 $0 $0
PETER BARRETT DIRECTOR 0.25
Director
$0 $0 $0
MIRA CHAURUSHIYA DIRECTOR 0.25
Director
$0 $0 $0
ZACH COGAN DIRECTOR 0.25
Director
$0 $0 $0
ANN DEWITT DIRECTOR 0.25
Director
$0 $0 $0
SOFIA GUERERRA DIRECTOR 0.25
Director
$0 $0 $0
HEER JOSHIER DIRECTOR 0.25
Director
$0 $0 $0
TONY KULESA DIRECTOR 0.25
Director
$0 $0 $0
JOHN MARAGANORE DIRECTOR 0.25
Director
$0 $0 $0
TRAVIS MCCREADY DIRECTOR 0.25
Director
$0 $0 $0
CHANDARA RAMANATHAN DIRECTOR 0.25
Director
$0 $0 $0
MANDI WILLIAMS DIRECTOR 0.25
Director
$0 $0 $0
DANTE DENNIS ACENAS II DIRECTOR 0.25
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
2025 $1,759,669 $1,992,315 $771,653 $-232,646
2024 $2,418,388 $2,204,873 $1,046,905 $213,515
2023 $2,574,023 $2,379,621 $743,650 $194,402
2022 $1,199,698 $982,814 $659,215 $216,884
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