Biomedical Science Careers Project Inc
- Assets
- $2.1m
- Revenue
- $1.5m
- Investments
- $265.5k
- Employees
- 4
- Location
- Boston, MA
- Founding
- 05/1995
- Data as of
- 12/2021
- EIN
- 04-3241307
Organization Overview
Biomedical Science Careers Project Inc is located in Boston, MA. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Biomedical Science Careers Project Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biomedical Science Careers Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Biomedical Science Careers Project Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $696.8k during the year ending 12/2021. While expenses have increased by 7.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST MINORITY STUDENTS TO ENTER CAREERES IN THE FIELDS OF MEDICINE AND BIOMEDICAL RESEARCH BY PROVIDING THEM WITH OPPORTUNITIES TO MEET WITH ESTABLISHED PROFESSIONALS IN THEIR CHOSEN CAREER FIELDS, CREATING MENTORING RELATIONSHIPS AND PROVIDING CAREER EDUCATIONAL ADVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 CONFERENCES AND SEMINARS: THE EVENING OF HOPE WAS HELD SEPTEMBER 22, 2021 VIRTUALLY. IN ADDITION, BSCP ALSO HELD A VIRTUAL NEW ENGLAND SCIENCE SYMPOSIUM AND VIRTUAL BIOMEDICAL SCIENCE CAREERS STUDENT CONFERENCE WERE HELD VIRTUALLY DURING THE YEAR.
SCHOLARSHIPS AWARDED TO 6 STUDENTS IN 2021. PORTION OF SCHOLARSHIPS PAID OUT TO 12 STUDENTS IN 2021. THE TOTAL PAID OUT IN SCHOLARSHIPS DURING 2021 WAS $ 46,585. THE COVID-19 RELIEF FUND WAS CREATED AND LAUNCHED JANUARY 2021. COVID RELIEF FUND IS GIVEN TO CERTAIN BSCP MEMBERS UP TO $1,000 EACH. THE TOTAL PAID OUT IN 2021 WAS $77,421.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hollie Desilva Executive Director | OfficerTrustee | 35 | $97,108 |
James M Connolly Treasurer | OfficerTrustee | 1 | $0 |
Zoltan Csimma Secretary | Trustee | 1 | $0 |
Joan Y Reede MD MPH Ms MBA President And Chair | Trustee | 1 | $0 |
Djade Soumana Clerk | Trustee | 1 | $0 |
John T Potts Jr MD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $797,425 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $702,873 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500,298 |
| Total Program Service Revenue | $0 |
| Investment income | $16,507 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,433 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,541,238 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $124,006 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $136,158 |
| Compensation of current officers, directors, key employees. | $6,808 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $183,785 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $91,933 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,150 |
| Fees for services: Other | $12,100 |
| Advertising and promotion | $0 |
| Office expenses | $351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,950 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $895 |
| All other expenses | $9,013 |
| Total functional expenses | $696,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,023,853 |
| Savings and temporary cash investments | $76,302 |
| Pledges and grants receivable | $78,416 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $31,053 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $647,074 |
| Investments—other securities | $265,542 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,122,240 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,792,403 |
| Net assets with donor restrictions | $329,837 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,122,240 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Biomedical Science Careers Project Inc has recieved totaling $98,818.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $81,318 |
Termeer Foundation Inc Marblehead, MA PURPOSE: EVENING OF HOPE SCHOLARSHIPS | $15,000 |
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $2,500 |
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|---|---|---|
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Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |
Boston Plastic & Oral Surgery Foundation Inc Boston, MA | $28,248,674 | $23,739,730 |
El Education Inc New York, NY | $28,362,379 | $30,858,452 |
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |