Sage Bionetworks
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SAGE BIONETWORKS IS ON A MISSION TO DRIVE A NEW AGE OF DISCOVERY THROUGH TRULY OPEN SCIENCE AND RADICAL COLLABORATION. WE AIM TO CREATE A WORLD WHERE SILOS WITHIN AND ACROSS SCIENCE AND TECHNOLOGY NO LONGER EXIST, FORGING A PATH TO OPTIMAL HUMAN HEALTH.
- Income
- $24.5 million
- Spending
- $24.7 million
- Spent on programs
- 92%
- Reserves
- 1.7 months of spending
- Largest source of income
- government grants, 40%
- Employees
- 133
- Volunteers
- 7
- Highest pay
- $423,874, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 16% of charities in its peer group (science, $10m to $100m).
Reserves
10 of 35Spendable reserves would cover 1.7 months of spending.
Debt
5 of 20It owes 58% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
10 of 15Income fell 7% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 49% of charities in its peer group (science, $10m to $100m).
Independent board
25 of 257 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $16.4 million spent. DATA COORDINATION & SHARING - IN 2024 SAGE BIONETWORKS EXPANDED ACCESS TO BIOMEDICAL DATA, INCREASING AVERAGE MONTHLY SYNAPSE USERS BY 20% AND HAD OVER 33,000 UNIQUE USERS DOWNLOADING DATA (+32%). KEY HIGHLIGHTS INCLUDED THE LAUNCH OF THE AACR PROJECT GENIE PORTAL, WHICH CENTRALIZES CANCER DATASETS FROM 19 CENTERS AND NEARLY 200,000 SEQUENCED SAMPLES ACROSS 111 CANCER TYPES WITH REAL-TIME RELEASE UPDATES. THE AMP-ALS INITIATIVE SELECTED SAGE TO BUILD AN ALS KNOWLEDGE PORTAL MODELED ON THE ALZHEIMER'S PORTAL. SAGE ALSO ENTERED INTO A PARTNERSHIP WITH THE ALZHEIMER'S DISEASE DATA INITIATIVE TO LINK THE AD WORKBENCH WITH THE AD KNOWLEDGE PORTAL, CREATING A UNIFIED ECOSYSTEM TO ACCELERATE EFFECTIVE TREATMENTS AND CURES FOR ALZHEIMER'S DISEASE.
- $6.2 million spent. TOOLS & METHODS - SAGE ADVANCED ITS TOOLING TO MAKE DATA MORE USABLE AND INTEROPERABLE. INTEGRATION OF CAVATICA INTO THE ALZHEIMER'S DISEASE KNOWLEDGE PORTAL ENABLED DIRECT EXPORT TO A CLOUD-BASED ANALYSIS ENVIRONMENT. SYNAPSE INTRODUCED SYNAPSECHAT, AN AI-ASSISTED CONVERSATIONAL SEARCH TOOL AND NEW HOSTING OPTIONS THROUGH AWS OPEN DATA. PARTICIPATION IN THE VERILY-LED SYSBIO FAIRPLEX PROJECT ADVANCED A MULTI-MODAL AMP DATA PLATFORM, WHILE AN ARPA-H AWARD SUPPORTED DEVELOPMENT OF THE BIOMEDICAL DATA FABRIC TOOLBOX FOR EFFICIENT, EVIDENCE-BASED ANALYSIS OF LARGE BIOMEDICAL DATASETS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.