Colorado Bioscience Institute
- Assets
- $372.7k
- Revenue
- $375.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 45-5030488
Organization Overview
Colorado Bioscience Institute is located in Denver, CO. The organization was established in 2014. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Bioscience 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 12/2022, Colorado Bioscience Institute generated $375.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $292.0k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COLORADO BIOSCIENCE INSTITUTE CULTIVATES AND DIVERSIFIES THE STATE'S LIFE SCIENCES WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSROOM - STEM EDUCATION FOR K-12 STUDENTS: TEACHER PROGRAMS: THE INSTITUTE CONNECTS TEACHERS TO IMMERSIVE STEM PROGRAMS AND EXPERIENCES (BIOTECHNOLOGY EXPERIENCES AND RESEARCH EXPERIENCE FOR TEACHERS) TO MAKE THE BROADEST POSSIBLE IMPACT ON STUDENTS. THE INSTITUTE REACHES MORE THAN 2,500 STUDENTS EACH YEAR THROUGH STUDENT AND TEACHER PROGRAMS.STUDENT PROGRAMS: THE INSTITUTE ENCOURAGES AN UNDERSTANDING AND LOVE OF SCIENCE BY INTRODUCING INFORMATION ON CAREER PATHS IN LIFE SCIENCES (P-TECH AND BIOGENEIUS).
CAMPUS UNDERGRADUATE, GRADUATE, PH.D. AND POST-DOC: THE INSTITUTE BRIDGES ACADEMIC EXPERIENCES TO CAREER OPPORTUNITIES CONNECTING COLORADO LIFE SCIENCES COMPANIES TO COLORADO UNIVERSITY TALENT (MENTOR PROGRAM AND LIFE SCIENCES INDUSTRY SHOWCASE).
CAREER - PROFESSIONAL DEELOPMENT:THE INSTITUTE SUPPORTS CAREER GROWTH WITH LIFE SCIENCES-SPECIFIC PROFESSIONAL DEVELOPMENT WITH A FOCUS ON PEER-TO-PEER LEARNING AND COACHING, EXPANDING PROFESSIONAL NETWORKING, AND BUILDING CONNECTIONS WITH LEADERS FROM OUR ECOSYSTEM (FOUNDATIONS OF LEADERSHIP AND EXECUTIVE LEADERSHIP PROGRAMS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ethan Mann Chairperson | OfficerTrustee | 1 | $0 |
Michael Mestek Vice Chairperson | OfficerTrustee | 1 | $0 |
Chelsea Magin Secretary | OfficerTrustee | 1 | $0 |
Jim Wilson Treasurer | OfficerTrustee | 1 | $0 |
Sylvia Robinson Board Member | Trustee | 1 | $0 |
Elyse Blazevich President | Officer | 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 | $188,318 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,318 |
| Total Program Service Revenue | $186,867 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $375,185 |
| 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. | $59,013 |
| Compensation of current officers, directors, key employees. | $3,541 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,785 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| 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 | $0 |
| Fees for services: Other | $10,200 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $8,320 |
| Total functional expenses | $291,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $337,968 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $34,750 |
| 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 | $0 |
| 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 | $372,718 |
| Accounts payable and accrued expenses | $32,764 |
| Grants payable | $0 |
| Deferred revenue | $20,000 |
| 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 | $52,764 |
| Net assets without donor restrictions | $319,954 |
| 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 | $372,718 |