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.
- Base
- $417k
- Bonus
- $132k
- Other
- —
- Benefits
- $14k
- Base
- $115k
- Bonus
- $45k
- Other
- —
- Benefits
- $8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO & President Above 90th percentile | $417k | $132k | — | $14k | $563k $621k |
Senior Director, Business Strategies Highest Compensated Employee 25th percentile to medianvs Medical Research peers nationwide | $115k | $45k | — | $8k | $167k $184k |
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.
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%.
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.
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.
Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 7%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
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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