The John B Pierce Laboratory Inc

Nonprofit profile at a glance

EIN
060646780
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
New Haven, CT, USA
Phone
2035629901
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Physical & Earth Sciences,

Reported finances

Revenue
$4,647,201
Expenses
$5,512,163
Assets
$5,279,680
Liabilities
$2,157,738

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

Leadership & pay

12 people listed

Executive titles in this filing

  • ANTHONY SCILLIA (VICE PRESIDENT & DIRECTOR)
  • MARGARET P MASON (PRESIDENT & DIRECTOR)
  • KEVIN MYATT (VICE PRESIDENT & DIRECTOR)

Highest reported compensation

  • MICHELE SOLOMON (DIRECTOR OF OPERATIONS): $234,829 total reported compensation
  • VINCENT PIERIBONE (FELLOW): $231,033 total reported compensation
  • JOHN GEIBEL (PAST DIRECTOR OF THE LAB): $220,837 total reported compensation

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

Overview

Mission

To conduct basic research on the interactions between physiological systems and the stresses imposed by the modern environment with the goal of optimizing these interactions to improve human health and comfort.

What it reported doing in 2024

John b. Pierce laboratory, founded in 1933, affords a unique environment for interaction and collaboration among scientists within the laboratory and in the surrounding yale community. Collaborations that reach across such wide-ranging fields as regulatory physiology, sensory and behavioral neuroscience, brain imaging, molecular biology and genetics place pierce laboratory scientists in a unique position to make breakthroughs in basic research that can be translated into improvements in human health and well-being. We currently have six grants ongoing including: the principles of olfactory-guided natural behavior; cardiometabolic effects of gender affirming hormone therapy; mechanisms and interventions addressing accelerated cardiovascular disease risk in women with endometriosis; efficient two-photon voltage imaging of neuronal populations at behavioral timescales; modular engineered biosensors for environmental sensing; ludeman family center for women's health research project.

Operating model

Revenue model
Affiliate-supported. 74% of the money available for current operations came from contributions from related organizations.
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

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 31
  • Transparency & Controls: 83
  • Accountability: 100
  • Sustainability: 17
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.5%; rating input score 37
  • Program expense ratio: 31.6%; rating input score 32
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -18.6%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 26.9%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -7.9% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -4.3% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -5.7% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 37.5% of revenue deployed · 31.6% of spending went to programs
  • Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.7M in reported program spending
  • Leadership: top reported pay $235K · 12 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $115K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 32/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.