The Genome Partnership Inc
- Assets
- $24.6m
- Revenue
- $10.8m
- Investments
- $0.0
- Employees
- 3
- Location
- St Louis, MO
- Founding
- 05/2000
- Data as of
- 04/2024
- EIN
- 04-3468086
Organization Overview
The Genome Partnership Inc is located in St Louis, MO. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 04/2024, Genome Partnership Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genome Partnership Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 04/2024, Genome Partnership Inc generated $10.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $7.3m during the year ending 04/2024. While expenses have increased by 9.6% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE RESEARCH, PROMOTE EDUCATION, AND EXPAND COMMERCE IN GENOME SCIENCE AND TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE CONFERENCES FOR THE DISCUSSION OF THE MOST RECENT DEVELOPMENTS AND RAMIFICATIONS OF GENOMIC RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Finney Chairman Of Board | OfficerTrustee | 1 | $0 |
Richard Wilson Treasurer | OfficerTrustee | 1 | $0 |
Nathan Lakey Secretary And Clerk | OfficerTrustee | 1 | $0 |
Michael Finney Director | Trustee | 1 | $0 |
Len Pennacchio Director | Trustee | 1 | $0 |
John Atkinson Assistant Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,435,982 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,435,982 |
| Total Program Service Revenue | $4,127,904 |
| Investment income | $598,460 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $659,795 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,822,141 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $69,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $274,778 |
| Compensation of current officers, directors, key employees. | $27,478 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,801 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $129,909 |
| Payroll taxes | $32,416 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,134 |
| Fees for services: Accounting | $36,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,829 |
| Fees for services: Other | $67,703 |
| Advertising and promotion | $216,448 |
| Office expenses | $2,671 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,347 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $603,788 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,987 |
| All other expenses | $497,185 |
| Total functional expenses | $7,348,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $962,470 |
| Savings and temporary cash investments | $22,675,837 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $189,275 |
| 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 | $724,492 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,552,074 |
| Accounts payable and accrued expenses | $923,038 |
| 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 | $923,038 |
| Net assets without donor restrictions | $23,629,036 |
| Net assets with donor restrictions | $0 |
| 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 | $24,552,074 |