New York Structural Biology Center Inc

Nonprofit profile at a glance

EIN
134043587
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2129390660
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Biological & Life Sciences

Official website

Reported finances

Revenue
$19,952,697
Expenses
$28,453,802
Assets
$133,938,928
Liabilities
$11,192,289

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • DR JEFFREY KIEFT (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DR JEFFREY KIEFT (EXECUTIVE DIRECTOR): $685,846 total reported compensation
  • DR ALEX DE MARCO (SEMC DIRECTOR): $476,746 total reported compensation
  • MR ARJUN KOSHAL (MANAGING DIRECTOR): $405,972 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The nysbc mission is to provide advanced research resources to the faculty of its participating member institutions and researchers from the national community in three key areas of structural biology: nuclear magnetic resonance spectroscopy; cryoelectron microscopy; and x-ray crystallography.

What it reported doing in 2024

Special projects group: the special projects group at nysbc is a team of expert scientists that performs fee-for-service protein structure determination and protein production services for external clients. In addition, they also receive funding through collaborative research projects with academic and government laboratories. They entered the second year of a five-year niaid contract using structural biology to investigate the etiologic agent for lyme disease, borreliella burgdorferi, to design a vaccine or discover antibody therapeutics against lyme disease. They also continued to participate in structural biology research projects entering the second year of a five-year niaid grant with collaborators at rutgers university investigating ricin and shiga toxins to rationally design better inhibitors against these two toxins. In addition, the team has initiated nih-funded work in a collaborative effort with researchers at Virginia commonwealth university that involves structural characterization of a conserved streptococcal membrane protein that affects manganese utilization.rna lab: the rna research conducted at nysbc focuses on understanding how the 3-dimensional structures of rna form and how this structure, conformational dynamics, and interactions with other molecules enable diverse biological function. This nih-funded effort is primarily centered on understanding rnas of viral origin, with particular interest in how these viral rnas interact with the cellular machinery and manipulate that machinery. The rna group consists of researchers at several levels of training and experience, who employ and integrate biochemical, biophysical, structural, and bioinformatic approaches. This research program is world respected and frequently publishes in the highest impact journals.

Operating model

Revenue model
Grant-funded. 69% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 75
  • Accountability: 95
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83.6%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -42.6%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 4.71; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 8.6%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 7.1% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 6.4% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 7.6% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 83.6% of spending went to programs
  • Governance: 17 of 17 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $23.8M in reported program spending
  • Leadership: top reported pay $686K · 23 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.7M reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 2/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 27/100.