Phare Bio Inc
Boston, Massachusetts
CHealth Score
40C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$2.0M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$1.7M
Net Assets
📋
$88K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+28.9%
Year-over-year change (2022 → 2023)
Net Margin
+37.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.40
Net assets divided by total expenses
Liabilities-to-Assets
4.8%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,009,513↑29% | $1,249,510↑6% | $1,837,494↑82% | |
| 2022 | $1,558,823 | $1,178,664 | $1,009,435↑100943400% | — |
| 2020 | $0 | $0 | $1 | — |
| 2019 | $0 | $0 | $1 | — |
Frequently Asked Questions
What does Phare Bio Inc do?▼
Phare Bio Inc is a medical research nonprofit organization based in Massachusetts. It is classified under NTEE code H99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Phare Bio Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Phare Bio Inc.
How much revenue does Phare Bio Inc generate?▼
Phare Bio Inc reports $5.5M in annual revenue and holds $7.1M in total assets, based on IRS filings.
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