The Genome Partnership Inc
- Assets
- $18.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 2
- Location
- St Louis, MO
- Founding
- 05/2000
- Data as of
- 04/2022
- 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 04/2022, Genome Partnership Inc employed 2 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 04/2022, Genome Partnership Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $2.6m during the year ending 04/2022. 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
2022
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 |
|---|---|---|---|
Leisa Zigman President | Officer | 40 | $249,063 |
John Finney Chairman Of Board | OfficerTrustee | 1 | $0 |
Richard Wilson Treasurer | OfficerTrustee | 1 | $0 |
Nathan Lakey Secretary And Clerk | OfficerTrustee | 1 | $0 |
John Atkinson Assistant Treasurer | OfficerTrustee | 1 | $0 |
Michael Finney Director | Trustee | 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 | $255,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $255,423 |
| Total Program Service Revenue | $586,924 |
| Investment income | $485,340 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $97,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,426,285 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $238,265 |
| Compensation of current officers, directors, key employees. | $23,826 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,175 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $105,346 |
| Payroll taxes | $18,797 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,947 |
| Fees for services: Accounting | $24,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44,854 |
| Fees for services: Other | $8,488 |
| Advertising and promotion | $174,845 |
| Office expenses | $2,395 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,667 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $319,273 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,718 |
| All other expenses | $211,502 |
| Total functional expenses | $2,620,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,428,974 |
| Savings and temporary cash investments | $14,615,151 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $263,822 |
| 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 | $1,963,298 |
| 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 | $18,271,245 |
| Accounts payable and accrued expenses | $422,725 |
| Grants payable | $0 |
| Deferred revenue | $5,660,807 |
| 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 | $6,083,532 |
| Net assets without donor restrictions | $12,187,713 |
| 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 | $18,271,245 |
Endowment Analysis
| Beg. Balance | $14,033,479 |
| Earnings | -$718,328 |
| Net Contributions | $1,500,000 |
| Other Expense | $200,000 |
| Ending Balance | $14,615,151 |
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