Public Charity

SPECTRUM BIOBANK INC

SPECTRUM BIOBANK INC, of PORTOLA VALLEY, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3K in revenue, $359K in expenses, $12K in total assets. 2 publicly reported grants to this organization, totaling roughly $110K, appear in IRS filings.

EIN: 843418742 PORTOLA VALLEY, CA Latest filing: 2024
Total Revenue$3K
Total Expenses$359K
Total Assets$12K
Grant Records2
Funding Total$110K
Filing Years2021–2024

Mission

SPECTRUM BIOBANK, A NON-PROFIT ORGANIZATION, IS FOCUSED ON CLOSING THE GENETIC DIVERSITY GAP AS THE WORLD'S ONLY DIVERSITY FIRST BIOBANK FOR RESEARCHERS. WE EDUCATE, COLLECT SAMPLES, AND SEQUENCE DNA FROM UNDER-REPRESENTED GROUPS SO THAT OUR ACADEMIC RESEARCH PARTNERS CAN DEVELOP PRECISION MEDICINE FOR EVERYONE.

Officers & Directors

TREASURER/CFO Danny Park
SECRETARY Neel Murarka
CEO Yambazi Banda

Officer compensation and complete director data available with membership.

Top Grant Purposes

PUBLIC, SOCIETAL BENEFIT
$100,000 1 grant
For grant recipient's exempt purposes
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3K $359K $12K
2023 $273K $327K $368K
2022 $300K $246K $422K
2021 $468K $100K $368K

Between 2021 and 2024, reported annual revenue declined from $468K to $3K (-99%), with total assets most recently reported at $12K.

Interactive year-over-year charts and full filing details available with membership.

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