Biotechnology Institute
- Assets
- $189.0
- Revenue
- $25.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Washington, DC
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 25-1716917
Organization Overview
Biotechnology Institute is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (G05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Biotechnology Institute employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biotechnology Institute 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 12/2023, Biotechnology Institute generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (34.2%) each year. All expenses for the organization totaled $25.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (32.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 3
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Greenwood Chairman | 4 | $0 | |
Heidi Jarvis Treasurer | 4 | $0 | |
Lecia Brown Board Member | 4 | $0 | |
Larry Mahan President | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,790 |
| Printing and publications | $0 |
| Other expenses | $2,710 |
| Total operating and administrative expenses | $25,000 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $25,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $189 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $189 |
| Accounts payable and accrued expenses | $180 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $85,000 |
| Total liabilities | $85,180 |
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