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Filing year 2023

PHARE BIO INC

Boston, Massachusetts·EIN 85-1085804·NTEE H99 · Medical Research·501(c)(3)
Total revenue
$2.1M
Total assets
$2.6M
Total expenses
$1.5M
Reported officers
8
Mission

PHARE BIO'S MISSION IS TO DEVELOP CRITICALLY NEEDED ANTIBIOTICS TO ADDRESS A LOOMING CRISIS IN ANTIBIOTIC RESISTANCE. USING NOVEL AI AND DEEP LEARNING APPROACHES, PHARE BIO AIMS TO RAPIDLY DISCOVER AND DEVELOP NEW CLASSES OF ANTIBIOTICS AGAINST THE DEADLIEST PATHOGENS, AND ENSURE THAT THESE THERAPIES REACH THE PATIENTS IN GREATEST NEED.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Medical Research organizations in Massachusetts.

CEO & President
Above 90th percentile
$563k
$621k
Base
$417k
Bonus
$132k
Other
Benefits
$14k
Senior Director, Business Strategies
Highest Compensated Employee
25th percentile to medianvs Medical Research peers nationwide
$167k
$184k
Base
$115k
Bonus
$45k
Other
Benefits
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PHARE BIO INC equaled 39% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2023)
39%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 2%
from 2022

From $552k in 2022 to $563k in 2023.

$552k
2022
$563k
2023
In today's dollarsEst.
Down 2% in real terms$630k to $621k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 7%.

$552k in 2022 to $563k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PHARE BIO INC

What does the Chief Executive Officer of PHARE BIO INC earn?

In 2023, the Chief Executive Officer of PHARE BIO INC received $563,402 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Medical Research organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PHARE BIO INC compare with similar nonprofits?

Compared with the same role at Medical Research organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at PHARE BIO INC falls in the top 10%. In 2023, the highest total compensation at PHARE BIO INC equaled 39% of the organization's total expenses. The median for medical research organizations is 10%.

What are PHARE BIO INC's revenue and expenses?

In 2023, PHARE BIO INC reported $2.1M in total revenue and $1.5M in total expenses on its IRS Form 990.

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