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Project Ds Inc

EIN 83-2385624 · Morrisville, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak46 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE CEO ROUNDTABLE ON CANCER CREATED THE INDEPENDENT, NON-PROFIT PROJECT DATA SPHERE (PDS) IN 2014. PROJECT DATA SPHERE IS RESPONSIBLE FOR ALL ASPECTS OF THE PROJECT DATA SPHERE PLATFORM, A FREE DIGITAL LIBRARY-LABORATORY THAT PROVIDES ONE PLACE WHERE THE WORLD'S RESEARCH COMMUNITY CAN BROADLY SHARE, INTEGRATE AND ANALYZE HISTORICAL, PATIENT-LEVEL, COMPARATOR-ARM DATA FROM ACADEMIC AND INDUSTRY PHASE III CANCER CLINICAL TRIALS. THE PROJECT DATA SPHERE PLATFORM IS AVAILABLE TO RESEARCHERS AFFILIATED WITH LIFE SCIENCE COMPANIES, HOSPITALS, AND INSTITUTIONS, AS WELL AS INDEPENDENT RESEARCHERS. ANYONE INTERESTED IN CANCER RESEARCH CAN APPLY AND BECOME AN AUTHORIZED USER. PROJECT DATA SPHERE HAS A PORTFOLIO OF BIG DATA RESEARCH PROGRAMS INVOLVING INNOVATIVE DATA SCIENCE INCLUDING ARTIFICIAL INTELLIGENCE (AI).

Income
$1.8 million
Spending
$1.2 million
Spent on programs
66%
Reserves
-9.1 months of spending
Largest source of income
donations and private grants, 86%
Employees
7
Volunteers
11
Highest pay
$511,542, member

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 46 out of 100. Higher than 10% of charities in its peer group (medical research, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    16 of 20

    It owes 29% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 33% of income.

  • Income trend

    0 of 15

    Income fell 37% on the year before.

  • Spending floor

    15 of 15

    66% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100. Higher than 49% of charities in its peer group (medical research, $1m to $10m).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, 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 (1)
  1. $815,069 spent. PROJECT DATA SPHERE IS RESPONSIBLE FOR ALL ASPECTS OF THE PROJECT DATA SPHERE PLATFORM, A FREE DIGITAL LIBRARY LABORATORY THAT PROVIDES ONE PLACE WHERE THE WORLDS RESEARCH COMMUNITY CAN BROADLY SHARE, INTEGRATE AND ANALYZE HISTORICAL, PATIENT LEVEL, COMPARATOR-ARM DATA FROM ACADEMIC AND INDUSTRY PHASE III CANCER CLINICAL TRIALS. THE PROJECT DATA SPHERE PLATFORM IS AVAILABLE TO RESEARCHERS AFFILIATED WITH LIFE SCIENCE COMPANIES, HOSPITALS AND INSTITUTIONS, AS WELL AS INDEPENDENT RESEARCHERS. ANYONE INTERESTED IN CANCER RESEARCH CAN APPLY AND BECOME AN AUTHORIZED USER.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2021 for not filing returns for three years. The IRS now lists it as tax-exempt again.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 2026.

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