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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Medical Research Spectrum Biobank Inc.

Spectrum Biobank Inc.

Fiscal year ending 2023. Filed on May 15, 2024.

3130 Alpine Road Suite 288 102
Portola Valley, California 94028

Spectrum Biobank Inc. (EIN: 84-3418742) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2023 IRS Form 990 filing, Spectrum Biobank Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 2 total employees. Among the employees shown here, the average compensation is $69,830. The highest compensated employee at Spectrum Biobank Inc. is Danny Park with fiscal year 2023 compensation of $93,750.

Revenue, expenses, and employee compensation

Revenue

$273,057

Expenses

$326,742

Employee compensation

$151,087
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Danny Park
Chief Executive Officer and Chief Financial Officer
$93,750
$93,750 No related compNo other comp
Yambazi Banda
Chief Executive Officer
$45,909
$45,909 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Neel Murarka
Secretary

Mission Statement

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.

Revisions to this organization profile

September 12, 2025:
2024 Spectrum Biobank Inc. 990 filed
May 15, 2024:
2023 Spectrum Biobank Inc. 990 filed
May 11, 2023:
2022 Spectrum Biobank Inc. 990 filed

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