Nucleate Bio Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 863225994 ✦ Brighton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Nucleate Bio Inc?

Nucleate Bio Inc is a nonprofit organization situated in Brighton, Massachusetts, with a single employee. Their primary mission is to foster the growth of future biotech entrepreneurs through an educational program known as "Activator." This program, spanning several bi-weekly workshops, culminates in a final pitch event where teams present their companies to industry stakeholders. The workshops, designed in collaboration with experienced advisors, provide critical insights into early-stage life science company formation, serving as a roadmap for translating and commercializing technology concepts. The program equips teams with a polished pitch deck, a business plan, funding strategies, and a network of industry mentors by the end. Nucleate Bio Inc's goal is to empower the next generation of biotech leaders, specifically academic trainees.


Official website here: www.nucleate.xyz

Is Nucleate Bio Inc legitimate?

Nucleate Bio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nucleate Bio Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,886

For more financial information, click here


Official website here: www.nucleate.xyz

What is the mission statement of Nucleate Bio Inc?

Nucleate Bio Inc's mission is centered around empowering future biotech leaders. They achieve this by providing a comprehensive educational experience to current academic trainees through their Activator program. The program consists of bi-weekly workshops, culminating in a final pitch event. These workshops, designed in collaboration with industry experts, address critical aspects of early-stage life science company formation. The goal is to provide a roadmap for translating and commercializing early-stage technology concepts. Each workshop includes pre-work, hands-on feedback, and post-work sessions, all aimed at refining the teams' pitch decks, business plans, and networking with relevant industry advisors and mentors by the program's end. This year, the curriculum will be managed and administered through the Eduflow platform to ensure a seamless experience for participants.


Official website here: www.nucleate.xyz

Who is the CEO of Nucleate Bio Inc?

Oliver Dodd is the President of Nucleate Bio Inc.


Official website here: www.nucleate.xyz

What is the revenue of Nucleate Bio Inc?

Nucleate Bio Inc's revenue in 2022 was $1,199,698.


Official website here: www.nucleate.xyz

Who are the executives of Nucleate Bio Inc and what are their salaries?

The average compensation at Nucleate Bio Inc during 2022 was $48,886. There is 1 employee at Nucleate Bio Inc.


Here are 11 key members and their salaries:


Soufiane Aboulhouda (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oliver Dodd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenna Aronson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Lanchantin (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sofia Guererra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marissa Pettit Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Maraganore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chandara Ramanathan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Mccready (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mira Chaurushiya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nucleate.xyz

Where can I find the form 990 for Nucleate Bio Inc?

Nucleate Bio Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nucleate.xyz

Learn more at the official website: www.nucleate.xyz

Mission Statement of Nucleate Bio Inc

Nucleate Bio Inc, with its mission at heart, strives to empower future biotech leaders by educating today's academic trainees. The organization aims to provide a comprehensive and rigorous educational experience to those who aspire to become entrepreneurs in the biotech sector. Through their Activator Program, they offer bi-weekly workshops throughout the spring, culminating in a final pitch event. This event allows teams to showcase their companies to a large audience of industry stakeholders. The workshops, designed in collaboration with world-class advisors, focus on critical aspects of early-stage life science company formation. The program provides a roadmap for translating and commercializing early-stage technology concepts. Each workshop is divided into three parts: pre-work, hands-on feedback, and post-work. By the end of the program, participants leave with a polished pitch deck, a written business plan, a fundraising strategy, and a network of relevant industry advisors and mentors. Nucleate Bio Inc's mission is to prepare the next generation of biotech leaders, equipping them with the necessary skills and resources to succeed in the industry.

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Impact




July, 2024

Nucleate Bio Inc's impact lies in its Activator program, which aims to provide a rigorous and comprehensive educational experience to future biotech entrepreneurs. Through this program, Nucleate Bio Inc is equipping individuals with the knowledge and skills needed to succeed in the biotech industry, ultimately contributing to the growth and innovation of the sector. This initiative in Brighton, MA, is helping to nurture the next generation of scientists and entrepreneurs in the field of biotechnology.




This information is meant to be a general summary of Nucleate Bio Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,199,698 (2022)
Expenses
$982,814 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,199,698

Assets and Liabilities:

  • Total Assets: $659,215
  • Total Liabilities: $339,310
  • Net Assets: $319,905

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Organization Details

Founding Year

2021

Principal Officer

Oliver Dodd

Main Address

88 GORDON STREET 401, BRIGHTON, MA, 02135

NTEE Category

Code: U50 - Science research

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