2019-11-12T10:40:50-06:00 2018-12-31 941341042 FRANK RIMERMAN & CO LLP 1801 PAGE MILL ROAD PALO ALTO CA 94304 990 2018-01-01 941156476 ANNUAL REVIEWS INC ANNU 6504934400 4139 EL CAMINO WAY PALO ALTO CA 94306 JONATHAN MICHAEL CFO 6504934400 2019-11-06 1 PRERNA JAGADA P01063809 6508458100 2019-11-06 50.204.21.130 2019-11-06 10:52:22 PS P EBD2A81BBF7B4E6F9C1A963D81965C0799F60732 49C3ED6CC4A2DDA8F7F8C95636100B28621B816B 2018 2020-03-31 21:24:44Z JONATHAN MICHAEL 4139 EL CAMINO WAY PALO ALTO CA 94306 16596789 0 X WWW.ANNUALREVIEWS.ORG X 1934 CA DISSEMINATE SCIENTIFIC INFORMATION. 14 12 102 0 0 4190 1232992 1723740 0 0 -1816 -190 13400105 14593103 14631281 16316653 8417 8871 0 0 10457136 11245743 0 23705 23705 5646111 6143545 16111664 17421864 -1480383 -1105211 4970854 5837223 5125696 6013662 -154842 -176439 THE MISSION OF ANNUAL REVIEWS IS DEDICATED TO SYNTHESIZING AND INTERGRATING KNOWLEDGE FOR THE PROGRESS OF SCIENCE AND THE BENEFIT OF SOCIETY. 0 0 12061642 8820 14589503 EDITORIAL, PRODUCTION, SALES, PROMOTION AND DISTRIBUTION OF CURRENT AND FUTURE VOLUMES OF SCIENTIFIC REVIEW ARTICLES WITH THE PRIMARY PURPOSE OF STIMULATING AND ENCOURAGING THE ADVANCEMENT AND DEVELOPMENT OF BIOCHEMISTRY AND OTHER SCIENTIFIC AND SCHOLARLY DISCIPLINES AND FOSTERING RESEARCH THEREIN. 1569073 51 3600 PUBLISH A DIGITAL MAGAZINE WITH THE GOAL OF PRESENTING SCIENTIFIC KNOWLEDGE IN A COMPELLING AND ACCESSIBLE FASHION. ALL CONTENT WILL BE FREE TO READ, REUSE AND BE PRESENTED AS STANDALONE MATERIAL TO PROMOTE WIDESPREAD SHARING VIA SOCIAL MEDIA. THIS PROGRAM IS FUNDED BY THE ALFRED SLOAN FOUNDATION AND THE GORDON AND BETTY MOORE FOUNDATION. 154780 0 0 EXAMINING THE IMPACT OPEN ACCESS WILL HAVE ON READERSHIP AND CITATION OF THE ANNUAL REVIEW OF PUBLIC HEALTH (ARPH) JOURNAL; DEVELOPING AND TESTING A SUSTAINABLE OPEN ACCESS MODEL FOR ARPH THAT, IF SUCCESSFUL, CAN BE APPLIED TO OTHER ANNUAL REVIEWS JOURNALS. THIS PROGRAM IS FUNDED BY ROBERT WOOD JOHNSON FOUNDATION. 13785495 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 186 0 1 102 1 1 1 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AR CA FL GA HI IL KS KY MD MA MI MN MO MS NH NC ND NJ NY NM OK OR PA RI SC TN UT VA WV WI X X JONATHAN MICHAEL 6504934400 4139 EL CAMINO WAY PALO ALTO CA 94306 X KAREN S COOK DIRECTOR - CHAIRPERSON 0.00 X 0 0 0 SANDRA M FABER DIRECTOR - VICE-CHAIRPERSON 0.00 X 0 0 0 RICHARD N ZARE DIRECTOR 0.00 X 0 0 0 JOHN I BRAUMAN DIRECTOR 0.00 X 0 0 0 PETER F CARPENTER DIRECTOR 0.00 X 0 0 0 SUSAN T FISKE DIRECTOR 0.00 X 0 0 0 STEVEN E HYMAN DIRECTOR 0.00 X 0 0 0 ROGER D KORNBERG DIRECTOR 0.00 X 0 0 0 SHARON R LONG DIRECTOR 0.00 X 0 0 0 J BOYCE NUTE DIRECTOR 0.00 X 0 0 0 MICHAEL E PESKIN DIRECTOR 0.00 X 0 0 0 HARRIET A ZUCKERMAN DIRECTOR 0.00 X 0 0 0 SAMUEL GUBINS DIRECTOR EMERITUS 1.00 20.00 X 0 252787 62971 RICHARD GALLAGHER DIRECTOR, PRESIDENT AND EDITOR-IN-CHIEF 37.50 X X X X 396952 0 41072 STEVEN CASTRO CFO & TREASURER 37.50 X X X 173495 0 40098 JONATHAN MICHAEL CFO & TREASURER 37.50 X 74845 0 16054 KATHERINE KIRKMAN BOARD SECRETARY 37.50 X 58690 0 28887 ANDREA LOPEZ DIRECTOR OF SALES 37.50 X X 271901 0 42910 JENNIFER JONGSMA DIRECTOR OF PRODUCTION AND ASSOCIATE EDITOR-IN-CH 37.50 X X 209538 0 29467 PAUL CALVI DIRECTOR OF TECHNOLOGY 37.50 X X 192980 0 29306 LIZ ALLEN DIRECTOR OF MARCOM & STRATEGIC DEVELOPMENT 37.50 X X 175307 0 47917 KAMRAN NAIM DIRECTOR OF PARTNERSHIPS AND INITIATIVES 37.50 X X 151461 0 24717 MICHAEL JONES INTERNATIONAL SALES MANAGER 37.50 X 151429 0 35430 EVA EMERSON EDITOR-IN-CHIEF, KNOWABLE MAGAZINE 37.50 X 147717 0 43202 KATHERINE MCGOWAN SALES MANAGER 37.50 X 142458 0 35323 ELAINE MIGHELL CONTROLLER 37.50 X 140346 0 45809 ROY MARUCUT INFORMATION TECHNOLOGY MANAGER 37.50 X 140107 0 23579 2427226 252787 546742 21 0 1 0 0 1723740 1723740 38 38 13699208 13699208 228 -228 -228 -228 1173803 279908 893895 893895 16316653 14593103 0 -190 8871 8871 2067756 1590135 477621 6585843 5063084 1522759 638281 490735 147546 1358578 1044527 314051 595285 457678 137607 22123 22123 57061 57061 23705 23705 760735 606420 154315 825371 825371 387926 109287 278639 287351 185114 102237 552041 424075 127966 42746 42746 EDITORIAL COMMITTEES/HO 1757685 1757685 ON-LINE PUBLISHING 932496 932496 OTHER EXPENSES 193014 56610 136404 TELEPHONE AND UTILITIES 182230 76805 105425 142766 99541 43225 17421864 13785495 3612664 23705 53233 66517 872853 1897877 159778 9438 425777 665438 78289 222808 59251 0 235678 315239 6995474 4335568 3085995 2659906 4970854 5837223 1479600 1740047 3646096 4273615 5125696 6013662 X -199046 -176439 44204 0 -154842 -176439 4970854 5837223 X -1105211 1083614 X X 0 1 X 1 0 X 37735 1232992 1723740 2994467 13181955 13096138 13765542 13717482 14828808 68589925 13181955 13096138 13803277 14950474 16552548 71584392 0 4547711 4269536 4579826 5384487 6626384 25407944 4547711 4269536 4579826 5384487 6626384 25407944 46176448 1441045 327856 46 20 38 1769005 1441045 327856 46 20 38 1769005 14623000 13423994 13803323 14950494 16552586 73353397 0.62950 0.63970 0.02410 0.03480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44204 12020 0 0 56224 0 44204 44204 1.00000 0 0 90644 90644 3540865 1694942 1845923 1318952 966759 352193 2045013 1673867 371146 2659906 CUSTOMER PREPAYMENTS 3838719 REFUNDABLE ADVANCES 434896 4273615 X PART V, LINE 4: THE FUNDS WERE USED IN SUPPORT OF OPEN ACCESS FOR THE ANNUAL REVIEW OF PUBLIC HEALTH JOURNAL. PART X, LINE 2: THE ORGANIZATION USES THE "MORE LIKELY THAN NOT" CRITERION FOR RECOGNIZING THE INCOME TAX BENEFIT OF THEIR ITS TAX EXEMPT STATUS, AND ESTABLISHING MEASUREMENT CRITERIA FOR LIABILITIES RESULTING FROM THE LOSS OF THAT STATUS. THE ORGANIZATION BELIEVES THAT ALL INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY ACCRUALS FOR INTEREST AND PENALTIES AS OF DECEMBER 31, 2018 FOR UNCERTAIN INCOME TAX POSITIONS. IN THE EVENT THE ORGANIZATION SHOULD NEED TO RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX LIABILITIES, THIS AMOUNT WILL BE RECORDED AS AN ACCRUAL LIABILITY AND AN INCREASE TO INCOME TAX EXPENSE. 1 UNITED KINGDOM 0 1 SELLING AND PROMOTING ARI PRODUCTS TO EUROPEAN CUSTOMERS SALES AND BUSINESS DEVELOPMENT MANAGER - SALES VISITS AND CALLS 188928 0 1 0 0 0 1 188928 0 188928 0 0 0 0 0 0 FORM 990 - SCH F PART I LINE 3 MARK GREENE WAS HIRED BY MAVERICK PUBLISHING SPECIALIST, A UK COMPANY. THROUGH MAVERICK, MARK PROVIDES SERVICES TO ANNUAL REVIEWS AS A SALES AND BUSINESS DEVELOPMENT MANAGER STARTING JAN 2017. HE IS RESPONSIBLE FOR SELLING AND PROMOTING ANNUAL REVIEWS' PRODUCTS TO EUROPEAN CUSTOMERS. ANNUAL REVIEWS DOES NOT HAVE A PHYSICAL OFFICE IN THE UK. MARK GREENE IS WORKING FROM HIS HOME IN THE UK. IN 2018, ANNUAL REVIEWS PAID A TOTAL OF $177,974 TO MAVERICK FOR MARK'S COMPENSATION AND REIMBURSED TRAVEL EXPENSES OF $10,954 TO MARK GREENE. THE ORGANIZATION PREPARES ITS CONSOLIDATED FINANCIAL STATEMENTS ON THE ACCRUAL BASIS OF ACCOUNTING UNDER ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. 1 BRAKELEY BRICOSE INC 332 W BELLEVUE AVENUE SAN MATEO CA 94402 A FUNDRAISING CONSULTANT WHO PROVIDES FUNDRAISING CONSULTING 0 0 23705 0 23705 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MO MS NV NH NC ND NJ NY NM OH OK OR PA RI SC TN UT VA WA WV WI DE ID IN IA LA MT NE SD TX VT WY SCHEDULE G, PART I, LINE 2B, LIST OF HIGHEST PAID FUNDRAISING CONSULTANTS (I) NAME OF FUNDRAISING CONSULTANT: BRAKELEY BRICOSE INC (I) ADDRESS OF FUNDRAISING CONSULTANT: 332 W BELLEVUE AVENUE, SAN MATEO, CA 94402 (II) ACTIVITY: A FUNDRAISING CONSULTANT WHO PROVIDES FUNDRAISING CONSULTING SERVICES FOR ANNUAL REVIEWS FROM OCT 29, 2018 TO AUGUST 31, 2019. X 1 1 X X X X 0 0 0 1 0 0 0 0 0 SAMUEL GUBINS DIRECTOR EMERITUS 0 252787 0 0 0 0 0 0 0 62971 0 315758 0 0 RICHARD GALLAGHER DIRECTOR, PRESIDENT AND EDITOR-IN-C 396952 0 0 0 0 0 0 0 41072 0 438024 0 0 0 STEVEN CASTRO CFO & TREASURER 173495 0 0 0 0 0 0 0 40098 0 213593 0 0 0 ANDREA LOPEZ DIRECTOR OF SALES 177742 0 94159 0 0 0 0 0 42910 0 314811 0 0 0 JENNIFER JONGSMA DIRECTOR OF PRODUCTION AND ASSOCIAT 209538 0 0 0 0 0 0 0 29467 0 239005 0 0 0 PAUL CALVI DIRECTOR OF TECHNOLOGY 192980 0 0 0 0 0 0 0 29306 0 222286 0 0 0 LIZ ALLEN DIRECTOR OF MARCOM & STRATEGIC DEVE 175307 0 0 0 0 0 0 0 47917 0 223224 0 0 0 KAMRAN NAIM DIRECTOR OF PARTNERSHIPS AND INITIA 151461 0 0 0 0 0 0 0 24717 0 176178 0 0 0 MICHAEL JONES INTERNATIONAL SALES MANAGER 109286 0 42143 0 0 0 0 0 35430 0 186859 0 0 0 EVA EMERSON EDITOR-IN-CHIEF, KNOWABLE MAGAZINE 147717 0 0 0 0 0 0 0 43202 0 190919 0 0 0 KATHERINE MCGOWAN SALES MANAGER 100315 0 42143 0 0 0 0 0 35323 0 177781 0 0 0 ELAINE MIGHELL CONTROLLER 140346 0 0 0 0 0 0 0 45809 0 186155 0 0 0 ROY MARUCUT INFORMATION TECHNOLOGY MANAGER 140107 0 0 0 0 0 0 0 23579 0 163686 0 0 0 PART I, LINE 5 ANNUAL REVIEWS COMPENSATES CERTAIN MEMBERS OF ITS SALES STAFF BASED ON PERFORMANCE. ACCRUALS FOR THESE INCENTIVE PAYMENTS ARE MADE AT THE END OF EACH YEAR, BASED ON ACTUAL REVENUE. INCENTIVE PAYMENTS ARE DISBURSED AT THE END OF JANUARY OF EACH FOLLOWING YEAR. FORM 990, PART IV, LINE 12B THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF THE ORGANIZATION AND ITS WHOLLY-OWNED SUBSIDIARY, ANNUAL REVIEWS INVESTMENT CORPORATION (ARIC), A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, WHICH WAS ESTABLISHED IN OCTOBER 2013. ARIC WAS FORMED FOR THE PURPOSE OF MANAGING INVESTMENTS FOR THE BENEFIT OF THE ORGANIZATION FORM 990, PART VI, SECTION B, LINE 11B BEFORE FILING THE FORM 990, A COPY OF THE FORM IS DISTRIBUTED TO THE BOARD OF DIRECTORS WITHOUT ASKING FOR APPROVAL OR COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C WHEN AN INDIVIDUAL IS ELECTED TO SERVE AS A MEMBER OF THE ANNUAL REVIEWS BOARD OF DIRECTORS, THE BUSINESS AFFAIRS COMMITTEE, OR THE EDITORIAL AFFAIRS COMMITTEE, THE MEMBER IS ASKED TO FILL OUT A "DISCLOSURE OF POTENTIAL BIAS" FORM. THEIR STATEMENTS ARE KEPT ON FILE WITH THE CORPORATE SECRETARY TO THE BOARD AND WILL BE MADE AVAILABLE UPON REQUEST. MEMBERS ARE ASKED TO UPDATE THEIR DISCLOSURE STATEMENTS WHENEVER CIRCUMSTANCES NECESSITATE A CHANGE. BLANK FORMS ARE DISTRIBUTED TO MEMBERS DURING EACH YEAR OF SERVICE AS A REMINDER FOR MEMBERS TO REVIEW THEIR DISCLOSURE STATEMENTS AND UPDATE AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS COMPENSATION COMMITTEE IS MADE UP OF FIVE BOARD MEMBERS ANNUALLY ELECTED TO SERVE ON THIS STANDING BOARD COMMITTEE. IT MEETS ANNUALLY EACH SPRING FOR THE PURPOSE OF DETERMINING AND APPROVING THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT AND EDITOR-IN-CHIEF AND REVIEWING AND APPROVING THE PAY OF TOP MANAGEMENT, OFFICERS AND KEY EMPLOYEES IN ORDER TO DETERMINE INTERNAL AND EXTERNAL EQUITY. REPORTS OF BENCHMARK SALARY AND MERIT INCREASE DATA ARE ALSO PROVIDED BY THE DIRECTOR OF HUMAN RESOURCES FOR REVIEW AND COMMENT. OTHER EMPLOYEE SALARIES ARE APPROVED ANNUALLY BY ANNUAL REVIEWS' INTERNAL COMPENSATION COMMITTEE, CONSISTING OF THE PRESIDENT & EDITOR-IN-CHIEF, THE CHIEF FINANCIAL OFFICER, AND THE DIRECTOR OF HUMAN RESOURCES, BASED ON MEETINGS WITH RELEVANT SUPERVISORS AND DIRECTORS FOR EACH DEPARTMENT. THE DIRECTOR OF HUMAN RESOURCES MAINTAINS RECORDS AND DOCUMENTATION OF ALL SALARY ACTIONS APPROVED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ELIMINATION FOR CONSOLIDATION - INTER-CO PAYABLE 1,127,819. RECOGNITION OF TEMPORARILY RESTRICTED GRANT REVENUE REPORTED IN PRIOR YEAR -44,205. FORM 990, PART XII, LINE 2: THE 2018 FINANCIAL STATEMENTS WERE AUDITED ON A CONSOLIDATED BASIS WITH ANNUAL REVIEWS INVESTMENTS CORPORATION. FORM 990, PART XII, LINE 2C: ANNUAL REVIEWS, INC. HAS NOT CHANGED ITS PROCESS RELATED TO OVERSIGHT OF THE AUDIT AND REVIEW OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT AUDITOR. A COPY OF THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS. SCHEDULE R, PART V, LN 2 ALL INVESTMENTS WERE MOVED TO ANNUAL REVIEWS INVESTMENT CORPORATION (ARIC) IN APRIL 2015. THUS, ARIC NOW REVIEWS INVESTMENTS AND HAS FINAL RESPONSIBILITY FOR INVESTMENTS. DURING 2018, ANNUAL REVIEWS INC. MADE TRANSFERS TOTALING $225,000 TO ARIC AND THEY ARE SHOWN IN LINE 1; TRANSFERS TOTALING $1,450,000 WERE MADE TO ANNUAL REVIEWS AND THEY ARE SHOWN IN LINE 2; AND ANNUAL REVIEWS DIRECTLY PAID ARIC EXPENSE, TOTALING $97,179 AND THEY ARE SHOWN IN LINE 3. ANNUAL REVIEWS INVESTMENT CORPORATION 4139 EL CAMINO WAY PALO ALTO CA 94306 464548728 TO SUPPORT, BENEFIT AND ASSIST ANNUAL REVIEWS, OR PROGRAMS WHICH SUPPORT OR CA 509(A)(3) TYPE I ANNUAL REVIEWS 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 (1) ANNUAL REVIEWS INVESTMENT CORPORATION B 225000 EXPENSES FOR FACILITIES & PROGRAM (2) ANNUAL REVIEWS INVESTMENT CORPORATION S 1450000 EXPENSES FOR FACILITIES & PROGRAM (3) ANNUAL REVIEWS INVESTMENT CORPORATION P 97179 DIRECTLY PAID ARIC EXPENSE SCHEDULE R, PART V, LINE 2 ALL INVESTMENTS WERE MOVED TO ANNUAL REVIEWS INVESTMENT CORPORATION (ARIC) IN APRIL 2015. THUS, ARIC NOW REVIEWS INVESTMENTS AND HAS FINAL RESPONSIBILITY FOR INVESTMENTS. DURING 2018, ANNUAL REVIEWS, INC. MADE TRANSFERS TOTALING $225,000 TO ARIC AND THEY ARE SHOWN IN LINE 1; TRANSFERS TOTALING $1,450,000 WERE MADE TO ANNUAL REVIEWS AND THEY ARE SHOWN IN LINE 2; AND ANNUAL REVIEWS DIRECTLY PAID ARIC EXPENSES, TOTALING $97,179 AND THEY ARE SHOWN IN LINE 3.