Institute For Evolvable Medicines

EIN: 993637100 501(c)(3) Human Services

Oakland, CA

Total Revenue
$908,805
Total Expenses
$594,228
Total Assets
$1,377,529
Net Assets
$1,377,529
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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
2024
Legal Domicile
CA
Phone
5103164205
Tax Period
2025-01-01 to 2025-12-31

Institute For Evolvable Medicines, founded in 2024, is a small nonprofit in the Human Services sector that reported $909K in total revenue in fiscal year 2025. The organization ran a surplus of $315K, a strong 35% operating margin.

Mission

The specific purpose of this corporation is to research and develop a completely new class of 'evolvable' medicines

Program Service Accomplishments

Program 1
Expenses: $450,493

The Institute for Evolvable Medicines develops next-generation therapeutics designed to adapt and evolve within the body to combat rapidly mutating diseases, including cancer, viruses, and...

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The Institute for Evolvable Medicines develops next-generation therapeutics designed to adapt and evolve within the body to combat rapidly mutating diseases, including cancer, viruses, and antibiotic-resistant bacteria. The organizations work focuses on advancing biologically based medicines through preclinical research, manufacturing, and regulatory preparation toward human clinical trials.Patients with life-threatening diseases; research activities conducted in the United States.In 2025, the organization advanced its lead therapeutic candidate, EM0924, through preclinical development. Activities included manufacturing process development, analytical development, nonclinical testing, and preparation for regulatory submission of an Investigational New Drug (IND) application.

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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 (2025)

Revenue Breakdown

Contributions & Grants $906,776
Program Service Revenue $0
Investment Income $2,029
Other Revenue $0
TOTAL REVENUE $908,805

Expense Breakdown

Grants Paid $0
Salaries & Benefits $98,309
Fundraising Expenses $0
Program Expenses $450,493
Other Expenses $495,919
TOTAL EXPENSES $594,228

Year-over-Year Comparison

2025 2024 Change
Revenue $908,805 N/A N/A
Expenses $594,228 N/A N/A
Net Income $314,577 N/A N/A
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

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Governance

Voting Members
7
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
2
$240,382
Total Directors
7
$240,382
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leor Weinberger CEO 8.00
Officer Director
$151,921 $0 $151,921
Galyn Susman Secretary-CFO 8.00
Officer Director
$88,461 $0 $88,461
Brian Kaye Treasurer 1.00
Director
$0 $0 $0
Nancy Halgwood Director 1.00
Director
$0 $0 $0
Stuart Tyner Director 1.00
Director
$0 $0 $0
David J Bacon Director 1.00
Director
$0 $0 $0
Wendy Sammons-Jackson Director 1.00
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 $908,805 $594,228 $1,377,529 $314,577
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