Cedars Sinai Intellectual Property Company
97% goes to programs Strong reserves Declining revenue
Cedars Sinai Intellectual Property Company is a 501(c)(3) organization based in W Hollywood, California, registered in 2022, with $12,258,610 in FY2023 revenue. CharityIndex grades it B, and it directs about 97% of spending to programs.
8700 Beverly Blvd, W Hollywood, CA, 90048 EIN 87-1097792 Since 2022
Revenue (FY2023)
$12.3M
▼ 98.6% vs prior year
Medical Research median: $217K
Expenses (FY2023)
$12.3M
Net assets
$143.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating97% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Cedars Sinai Intellectual Property Company: 97% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating140 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cedars Sinai Intellectual Property Company: 140 mo reserves · -0% margin earns a B+ on this criterion. See the exact thresholds →
CGovernance25% of the rating2 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Cedars Sinai Intellectual Property Company: 2 of 6 checks met earns a C on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cedars Sinai Intellectual Property Company: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To support cedars-sinai medical center through management of its intellectual property.
Contact & location
- Address
- 8700 Beverly Blvd, W Hollywood, CA, 90048
- City
- W Hollywood
- State
- California
- Category
- Medical Research
- Subcategory
- Medical Specialty Research
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $16.1M (FY2021) to $12.3M (FY2023) across 3 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $6.4MNet assets $143.3M
Operating margin
-0.5%
Spent more than it raised in the latest fiscal year.
Total assets
$149.7M
Total liabilities
$6.4M
Net assets
$143.3M
Salaries & benefits
$0
0% of expenses
Board members
4
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,258,610▼98.6% | $12,317,801▲36.1% | $143,304,091▲19.2% | $149,685,069▲21.9% | 990 |
| 2022 | $898,368,973▲5486% | $9,050,545▲3279083% | $120,254,552▼6.1% | $122,775,513▼9.7% | 990 |
| 2021 | $16,082,219 | $276 | $128,047,662 | $136,009,425 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David M Wrigley | Treasurer and Director | 1 | — |
| Edward M Prunchunas | Director | 1 | — |
| Eric See | Secretary | 26 | — |
| James D Laur | President and Director | 17 | — |
| Pamela Collingwood | Secretary | 45 | — |
| Shlomo Melmed | Director | 1 | — |
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Compare Cedars Sinai Intellectual Property Company
Frequently asked questions
- Is Cedars Sinai Intellectual Property Company a legitimate nonprofit?
- Yes. Cedars Sinai Intellectual Property Company is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-1097792, based in W Hollywood, California. Donations are tax-deductible.
- What is Cedars Sinai Intellectual Property Company's EIN?
- Cedars Sinai Intellectual Property Company's Employer Identification Number (EIN) is 87-1097792.
- How much revenue does Cedars Sinai Intellectual Property Company report?
- Cedars Sinai Intellectual Property Company reported $12,258,610 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Cedars Sinai Intellectual Property Company's spending goes to programs?
- Cedars Sinai Intellectual Property Company spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cedars Sinai Intellectual Property Company have?
- CharityIndex grades Cedars Sinai Intellectual Property Company B, based on program efficiency and fundraising cost.
- How much does Cedars Sinai Intellectual Property Company's highest-paid employee make?
- The highest reported compensation on Cedars Sinai Intellectual Property Company's latest Form 990 is $0, paid to David M Wrigley (Treasurer and Director).
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Data for Cedars Sinai Intellectual Property Company (EIN 87-1097792) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.