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Nonprofit · EIN 99-3087649

NOVAGEN RESEARCH FUND

Tax-exempt · N BETHESDA, MD 20852

Financials

$425K$55K2024
Revenue Expenses · by fiscal year end
Financials of NOVAGEN RESEARCH FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$425,000$54,625$370,375$387,536$7,530$380,006
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$425,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$36,311
Salaries, compensation and benefits (total)
$39,367
Professional fundraising fees
$0
Accounting fees
$8,053
Occupancy
$134
Program services (functional)
$21,374
Management and general (functional)
$25,989
Fundraising (functional)
$7,262

Balance sheet and other

Total assets, start of year
$9,922
Total assets, end of year
$387,536
Total liabilities, end of year
$7,530
Net assets, end of year
$380,006
Gross receipts
$425,000
Employees
0
Volunteers
3
Year formed
2023
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOE TASTOCEO
Trustee or director, Officer
6$0
GARY MAYSCOO/CFO
Trustee or director, Officer
6$0
ROBERT HOHMANBOARD CHAIR
Trustee or director, Officer
3$0

Address and contacts

Address (IRS master file)
6116 EXECUTIVE BLVD STE 400, N BETHESDA, MD 20852-4918
Mailing address (990-N for 2023)
8 THE GREEN STE 19275, DOVER DE 19901
Principal officer (990 for 2024)
ROBERT HOHMAN, 8 THE GREEN 19275, DOVER, DE 19901
Principal officer (990-N for 2023)
Kelli Peck, 8 THE GREEN STE 19275, DOVER DE 19901
Signed the 990
GARY MAYS, COO/CFO
Phone
(302) 956-9097
Return prepared by
RSM US LLP

Mission

NOVAGEN RESEARCH FUND (NGRF) IS DEDICATED TO ADVANCING SCIENTIFIC KNOWLEDGE AND PROMOTING INNOVATION FOR THE BETTERMENT OF SOCIETY. OUR MISSION IS TO SUPPORT RIGOROUS AND IMPACTFUL RESEARCH AND INTERDISCIPLINARY SCIENCES, DISSEMINATE KNOWLEDGE, AND FOSTER COLLABORATION TO ADDRESS COMPLEX GLOBAL CHALLENGES.

990 for the year ended August 31, 2025

Program accomplishments

  • THE AI IMAGING LAB ADVANCES THE APPLICATION OF COMPUTER VISION AND ARTIFICIAL INTELLIGENCE TO THE INTERPRETATION AND ANALYSIS OF MEDICAL IMAGES AND COMPLEX HEALTH DATA. THE LAB DEVELOPS INTELLIGENT SYSTEMS CAPABLE OF DETECTING SUBTLE PATHOLOGIES WITH PRECISION TO SUPPORT CLINICAL DECISION-MAKING AND ACCELERATE MEDICAL DISCOVERY. KEY RESEARCH AREAS INCLUDE MULTI-MODALITY AI THAT INTEGRATES DIVERSE DATA TYPES SUCH AS IMAGES, GENOMIC DATA, AND TEXT TO DEEPEN PATIENT UNDERSTANDING; LONGITUDINAL PREDICTION MODELS THAT ANALYZE DATA ACROSS A PATIENT'S FULL HEALTHCARE JOURNEY TO FORECAST DISEASE PROGRESSION AND TREATMENT RESPONSE; VASCULAR ATLAS DEVELOPMENT TO MAP THE BODY'S VASCULAR SYSTEM AND ENABLE EARLY DETECTION OF STRUCTURAL ABNORMALITIES; AND FEDERATED LEARNING FRAMEWORKS THAT ALLOW AI MODELS TO BE TRAINED ACROSS DISTRIBUTED INSTITUTIONAL DATASETS WITHOUT SHARING SENSITIVE PATIENT INFORMATION. THE LAB OPERATES IN ACADEMIC COLLABORATION WITH RESEARCHERS AT THE UNIVERSITY OF ALBERTA WITH EXPERTISE IN MRI, CT, ULTRASOUND, AND OPHTHALMOLOGICAL IMAGING AI.
    Expenses $21,374
  • THE LARGE LANGUAGE MODEL (LLM) LAB ADVANCES THE NEXT GENERATION OF CLINICAL AI INTELLIGENCE BY FOCUSING ON TWO CORE RESEARCH AREAS: IMPROVING INFERENCE EFFICIENCY AND CONSTRUCTING MULTI-MODAL KNOWLEDGE GRAPHS FOR MEDICINE AND BIOLOGY. THE LAB DEVELOPS NEW ARCHITECTURES AND EVALUATION METRICS THAT REDUCE THE COMPUTATIONAL COST OF DEPLOYING LARGE LANGUAGE MODELS, ENABLING SECURE LOCAL MODEL DEPLOYMENT WITHOUT RELIANCE ON EXPENSIVE THIRD-PARTY INFRASTRUCTURE FOR PROCESSING SENSITIVE HEALTH DATA. IN PARALLEL, THE LAB BUILDS KNOWLEDGE GRAPHS THAT CONNECT MEDICAL LITERATURE, PATIENT RECORDS, AND DIAGNOSTIC IMAGING TO DELIVER REAL-TIME, CONTEXT-AWARE CLINICAL INSIGHTS. A FLAGSHIP PROJECT, ASK AITHENA, IS PART OF THE NATIONAL AI RESEARCH RESOURCE (NAIRR) PILOT PROGRAM A RETRIEVAL-AUGMENTED GENERATION MODEL PROVIDING AI ACCESS TO APPROXIMATELY 250 MILLION SCIENTIFIC AND MEDICAL TEXTS TO ACCELERATE BIOMEDICAL RESEARCH. BY PUSHING THE BOUNDARIES OF LLM DEVELOPMENT, THE LAB AIMS TO MAKE AI MORE ACCESSIBLE, SECURE, AND IMPACTFUL ACROSS THE HEALTHCARE ECOSYSTEM.0
  • THE POLUS CENTER FOR DATA RESEARCH (PCDR) ADVANCES BIOMEDICAL DISCOVERY BY DEVELOPING AND MAINTAINING OPEN-SOURCE, INTEROPERABLE, AND HIGH-PERFORMANCE DATA SYSTEMS FOR THE GLOBAL SCIENTIFIC COMMUNITY. PCDR STEWARDS THE POLUS PLATFORM AN OPEN-SOURCE SYSTEM OPERATING ON CLOUD AND HIGH-PERFORMANCE COMPUTING INFRASTRUCTURE WHICH INTEGRATES ARTIFICIAL INTELLIGENCE, STATISTICAL METHODS, REPRODUCIBLE WORKFLOWS, AND INTERACTIVE DATA EXPLORATION TOOLS IN A UNIFIED ENVIRONMENT, ORIGINALLY DEVELOPED IN PARTNERSHIP WITH THE NATIONAL INSTITUTES OF HEALTH. THE CENTER PROVIDES SCALABLE DATA PROCESSING TOOLS AND PIPELINES BUILT ON OPEN STANDARDS, SUPPORTS THE DEVELOPMENT OF FILE SPECIFICATIONS AND WORKFLOW DEFINITION STANDARDS TO ENHANCE REPRODUCIBILITY AND INTEROPERABILITY, AND FOSTERS AN OPEN-SOURCE RESEARCH COMMUNITY. PCDR'S WORK SPANS CLINICAL AND MICROSCOPY IMAGE ANALYSIS, PHARMACOEPIDEMIOLOGY, CHEMINFORMATICS, MOLECULAR MODELING, AND MULTI-OMICS RESEARCH, WITH A FOCUS ON DATA QUALITY, HARMONIZATION, AND HYPOTHESIS-DRIVEN DISCOVERY ACROSS DISEASE AREAS INCLUDING CANCER AND INFECTIOUS DISEASE. THROUGH THESE EFFORTS, PCDR EMPOWERS BIOMEDICAL RESEARCHERS WORLDWIDE WITH THE INFRASTRUCTURE AND TECHNOLOGIES NEEDED TO ACCELERATE SCIENTIFIC ADVANCEMENT.0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990-N on file

IRS record

EIN
99-3087649
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$387,536
Income (IRS master file)
$425,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$425,000$54,625$387,536IRS
990-N for 2023
Officer: Kelli Peck
August 31, 2024≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-3087649).

Questions about NOVAGEN RESEARCH FUND

What is the EIN of NOVAGEN RESEARCH FUND?
The employer identification number (EIN) of NOVAGEN RESEARCH FUND is 99-3087649.
Is NOVAGEN RESEARCH FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to NOVAGEN RESEARCH FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NOVAGEN RESEARCH FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NOVAGEN RESEARCH FUND due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NOVAGEN RESEARCH FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of NOVAGEN RESEARCH FUND?
The 990 for the year ended August 31, 2025 names ROBERT HOHMAN.
Who are the officers and directors of NOVAGEN RESEARCH FUND?
The 990 for the year ended August 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does NOVAGEN RESEARCH FUND have?
On its 990 for the year ended August 31, 2025 it reported revenue of $425,000, expenses of $54,625 and total assets of $387,536 at year end.

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