North Carolina · Nonprofit
READDI INC
READDI INC (North Carolina) receives grants from 2 organizations whose IRS filings report $780,000 to it, the largest being SALL FAMILY FOUNDATION ($750,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $624k
- Funders on record
- 2
- Grants received
- $780k
- Net assets
- $1.1M
What Readdi Inc does
Mission
The rapidly emerging antiviral drug development initiative (readdi) is a nonprofit biotechnology organization dedicated to preventing global catastrophes caused by viruses and a leader in the therapeutics pillar of the 3-pronged pandemic preparedness and response structure of ipps.
As stated on its FY2025 Form 990.
Program
- readdi's standing has risen in the global pandemic preparedness community by leading a newly formed therapeutics development coalition. Readdi is collaborating with the international pandemic preparedness coalition, unitaid, drugs for neglected diseases (dndi) and the intrepid alliance to coordinate and accelerate the discovery and development of antiviral therapeutics for acute and endemic viral diseases that have the potential to become pandemics.- in conjunction with the therapeutics development coalition, readdi is fostering relationships with global healthcare leaders interested in supporting development of therapeutics for infectious diseases.- readdi authored or co-authored several published articles on the necessity of antiviral drug development that were well received by the global community.- readdi's global network of collaborators has grown from approximately 30 institutions to approximately 65. - readdi's potential pipeline of drug hits, leads and candidates has grown to approximately 30 active projects that we are closely monitoring for in-licensing opportunities.
$344,237 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $344,237.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $668k to $1.7M (+150%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
90% of READDI INC’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
James Rosen
CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of READDI INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
READDI INC leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
96% of READDI INC's grant income comes from North Carolina funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
READDI INC is better cushioned than half of the 7,883 health nonprofits its size.
this organization peer median middle 50% of peers· 7,883 health nonprofits $100k–$1M, FY2025
Organizations like READDI INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
31% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 1 related entity
- University of North Carolina · exempt
Screen this organization
A dated, signed PDF of the compliance screen for READDI INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds READDI INC?
- READDI INC (North Carolina) receives grants from 2 organizations whose IRS filings report $780,000 to it, the largest being SALL FAMILY FOUNDATION ($750,000). 1 of them have funded it in more than one year.
- How many funders does READDI INC have?
- IRS filings report 2 organizations giving $780,000 in grants to READDI INC, 1 of which have funded it in more than one year.
- Who is the largest funder of READDI INC?
- SALL FAMILY FOUNDATION is the largest funder on record, with $750,000 in grants. The full list of funders is on this page.
- How can an organization like READDI INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Readdi →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing