2017-11-14T12:39:35-06:00 2016-12-31 941341042 FRANK RIMERMAN & CO LLP 1801 PAGE MILL ROAD PALO ALTO CA 94304 990 2016-01-01 941156476 ANNUAL REVIEWS INC ANNU 6504934400 4139 EL CAMINO WAY PALO ALTO CA 94306 STEVEN CASTRO CFO/TREASURER 6504934400 2017-11-10 1 PRERNA JAGADA P01063809 6508458100 2017-11-10 50.204.21.130 2017-11-10 12:58:26 PS P 569C7DFB439859AD45B1FC8A789CF9E62F5D0BCD 44C3984093640F540E6E549C325DC3D3CE325EA9 2016 2017-02-10 21:41:12Z STEVEN CASTRO 4139 EL CAMINO WAY PALO ALTO CA 94306 13803323 0 X WWW.ANNUALREVIEWS.ORG X 1934 CA DISSEMINATE SCIENTIFIC INFORMATION. 14 13 80 0 0 0 0 37735 0 0 707090 -12082 12599987 13334848 13307077 13360501 11142 93504 0 0 8767551 9046690 0 0 0 5503356 4771802 14282049 13911996 -974972 -551495 4011670 6028394 5213884 6676479 -1202214 -648085 X THE MISSION OF ANNUAL REVIEWS IS TO PROVIDE SYSTEMATIC, PERIODIC EXAMINATIONS OF SCHOLARLY ADVANCES IN A NUMBER OF FIELDS OF SCIENCE THROUGH CRITICAL AUTHORITATIVE REVIEWS. 1 0 10742231 93504 13334848 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. 37735 0 0 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. 10779966 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 141 0 1 80 1 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA OR NY X X STEVEN J CASTRO 6504934400 4139 EL CAMINO WAY PALO ALTO CA 94306 RICHARD N ZARE DIRECTOR - CHAIRPERSON 0.00 X 0 0 0 SANDRA M FABER DIRECTOR - VICE-CHAIRPERSON 0.00 X 0 0 0 KAREN S COOK DIRECTOR - VICE-CHAIRPERSON 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 EUGENE GARFIELD 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 RICHARD GALLAGHER PRESIDENT; EDITOR-IN-CHIEF, DIRECTOR 37.50 X X X X 348104 0 43390 STEVEN CASTRO CFO & TREASURER 37.50 X X X 227807 0 58887 LAURIE MANDEL BOARD SECRETARY 30.00 X 80522 0 26945 JENNIFER JONGSMA DIRECTOR OF PRODUCTION 37.50 X X 177746 0 23988 ANDREA LOPEZ DIRECTOR OF SALES 37.50 X X 250904 0 38827 PAUL CALVI DIRECTOR OF TECHNOLOGY 37.50 X X 176456 0 27036 LIZ ALLEN DIRECTOR OF MARCOM & STRATEGIC DEVELOPMENT 37.50 X X 164751 0 26885 ROY MARUCUT INFORMATION TECHNOLOGY MANAGER 37.50 X 134916 0 29365 JACQUELINE WIEDERHOLT SALES MANAGER 37.50 X 135012 0 29954 KATHERINE MCGOWAN SALES MANAGER 37.50 X 132241 0 32678 MICHAEL JONES INTERNATIONAL SALES MANAGER 37.50 X 131552 0 28234 ELAINE MIGHELL CONTROLLER 37.50 X 124173 0 38665 2084184 0 404854 18 0 1 0 0 37735 37735 46 46 11960082 11960082 12128 -12128 -12128 -12128 1805460 430694 1374766 1374766 13360501 13334848 0 -12082 92496 92496 1008 1008 1689626 1221341 468285 5329476 3852396 1477080 512096 370167 141929 1035765 748700 287065 479727 346769 132958 12857 12857 41866 41866 449708 371863 77845 499540 499540 114138 47417 66721 194982 124451 70531 252248 204321 47927 38622 38622 EDITORIAL COMMITTEES/HO 1583918 1583918 ON-LINE PUBLISHING 823122 823122 MAINTENANCE AND REPAIRS 271396 96562 174834 TELEPHONE AND UTILITIES 162178 74226 87952 327227 279803 47424 13911996 10779966 3132030 0 X 8907 47927 893660 1989899 561375 412207 23212 60215 165905 132809 408160 225035 6623379 3463077 1950451 3160302 4011670 6028394 1404736 1445639 3809148 5230840 5213884 6676479 X -1202214 -648085 -1202214 -648085 4011670 6028394 X -551495 1105624 X X 0 1 X 1 0 X 37735 37735 12752605 12970827 13181955 13096138 13765542 65767067 12752605 12970827 13181955 13096138 13803277 65804802 0 4527956 4154771 4547711 4269536 4579826 22079800 4527956 4154771 4547711 4269536 4579826 22079800 43725002 822409 681652 1441045 327856 46 3273008 822409 681652 1441045 327856 46 3273008 13575014 13652479 14623000 13423994 13803323 69077810 0.63300 0.61850 0.04740 0.06320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90644 90644 3539297 1525160 2014137 1175230 890728 284502 1818208 1047189 771019 3160302 CUSTOMER PREPAYMENTS 4318575 REFUNDABLE ADVANCES 912265 5230840 X 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, 2016 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 BOOKS FOR AFRICA 26 EAST EXCHANGE STREET411 SAINT PAUL MN 55101 411627391 501(C)3 85874 FMV AR PRINTED BOOKS PUBLISHED IN 2012 DONATED PRINTED COPIES TO ORGANIZATION OR EDUCATIONAL INSTITUTION IN AFRICA. 1 X 1 1 X X X X 0 0 0 1 0 0 0 0 0 RICHARD GALLAGHER PRESIDENT; EDITOR-IN-CHIEF, DIRECTO 348104 0 0 0 0 0 0 0 43390 0 391494 0 0 0 STEVEN CASTRO CFO & TREASURER 227807 0 0 0 0 0 0 0 58887 0 286694 0 0 0 JENNIFER JONGSMA DIRECTOR OF PRODUCTION 177746 0 0 0 0 0 0 0 23988 0 201734 0 0 0 ANDREA LOPEZ DIRECTOR OF SALES 166504 0 84400 0 0 0 0 0 38827 0 289731 0 0 0 PAUL CALVI DIRECTOR OF TECHNOLOGY 176456 0 0 0 0 0 0 0 27036 0 203492 0 0 0 LIZ ALLEN DIRECTOR OF MARCOM & STRATEGIC DEVE 164751 0 0 0 0 0 0 0 26885 0 191636 0 0 0 ROY MARUCUT INFORMATION TECHNOLOGY MANAGER 134916 0 0 0 0 0 0 0 29365 0 164281 0 0 0 JACQUELINE WIEDERHOLT SALES MANAGER 104715 0 30297 0 0 0 0 0 29954 0 164966 0 0 0 KATHERINE MCGOWAN SALES MANAGER 101944 0 30297 0 0 0 0 0 32678 0 164919 0 0 0 MICHAEL JONES INTERNATIONAL SALES MANAGER 101255 0 30297 0 0 0 0 0 28234 0 159786 0 0 0 ELAINE MIGHELL CONTROLLER 124173 0 0 0 0 0 0 0 38665 0 162838 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 III, LINE 2 PUBLISH A DIGITAL MAGAZINE WITH THE GOAL OF PRESENTING SCIENTIFIC KNOWLEDGE IN A COMPELLING AND ACCESSIBLE FASHION. ALL CONTENT WILL BE FREE FOR 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. 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 CEO AND REVIEWING AND APPROVING THE PAY OF TOP MANAGEMENT, OFFICERS AND KEY EMPLOYEES IN ORDER TO DETERMINE INTERNAL AND EXTERNAL EQUITY. REPORTS OF OVERALL EMPLOYEE COMPENSATION AND BENCHMARK SALARY 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 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 1,105,624. FORM 990, PART XII, LINE 2: THE 2016 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 2016, ANNUAL REVIEWS INC. MADE TRANSFERS TOTALING $300,000 TO ARIC AND THEY ARE SHOWN IN LINE 1; TRANSFERS TOTALING $1,500,000 WERE MADE TO ANNUAL REVIEWS AND THEY ARE SHOWN IN LINE 2; AND ANNUAL REVIEWS DIRECTLY PAID ARIC EXPENSE, TOTALING $94,376 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 300000 EXPENDITURE FOR FACILITIES AND PR (2) ANNUAL REVIEWS INVESTMENT CORPORATION S 1500000 EXPENDITURE FOR FACILITIES AND PR (3) ANNUAL REVIEWS INVESTMENT CORPORATION P 94376 DIRECTLY PAID ARIC EXPENSE 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 2016, ANNUAL REVIEWS, INC. MADE TRANSFERS TOTALING $300,000 TO ARIC AND THEY ARE SHOWN IN LINE 1; TRANSFERS TOTALING $1,500,000 WERE MADE TO ANNUAL REVIEWS AND THEY ARE SHOWN IN LINE 2; AND ANNUAL REVIEWS DIRECTLY PAID ARIC EXPENSES, TOTALING $94,376 AND THEY ARE SHOWN IN LINE 3.