Colorado Bioscience Institute
- Assets
- $246.0k
- Revenue
- $176.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 01/2014
- Data as of
- 12/2021
- 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 12/2021, Colorado Bioscience Institute generated $176.9k 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 (4.1%) each year. All expenses for the organization totaled $156.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. 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
COLORADO BIOSCIENCE INSTITUTE IS A NON-PROFIT THAT PROVIDES WORKFORCE DEVELOPMENT AND STEM EDUCATION PROGRAMS TO CULTIVATE AND DIVERSIFY THE LIFE SCIENCES TALENT PIPELINE IN COLORADO. THE INSTITUTE PROVIDES EDUCATIONAL PROGRAMS FOR STUDENTS AND TEACHERS, INDIVIDUALS AND COMPANIES CONTRIBUTING TO THE OVERALL WORKFORCE CULTIVATION EFFORTS IN OUR STATE. THE INSTITUTE'S PROGRAMS REACH STUDENTS AND TEACHERS BEGINNING IN MIDDLE SCHOOL AND PROFESSIONALS AT ALL STAGES OF THEIR CAREERS. ALL INSTITUTE PROGRAMS EITHER PREPARE STUDENTS FOR CAREERS IN LIFE SCIENCES OR PROMOTE GROWTH TO THOSE ALREADY IN THE INDUSTRY, PROVIDING THE LIFE SCIENCES COMMUNITY WITH A HIGHLY SKILLED WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPMENT: PROVIDING PROFESSIONAL DEVELOPMENT, TRAININGS PROGRAMS, INTERNSHIPS AS A FORM OF WORKFORCE RECRUITMENT AND DEVELOPMENT.
EXECUTIVE LEADERSHIP PROGRAM: DESIGNED TO ENABLE CEOS TO BUILD BETTER BUSINESSES BY LEARNING TO RESOLVE STRATEGIC PROBLEMS, DRIVE CHANGE THROUGH THEIR ORGANIZATION, DESIGN AND MOTIVATE EFFECTIVE TEAMS AND COMMUNICATE PLANS AND STRATEGY TO GET TO THE NEXT LEVEL OF GROWTH IN THE VENTURE.
RESEARCH EXPENSE FOR TEACHERS EXPENSES: THE INSTITUTE SEEKS TO PROVIDE TEACHERS WITH PRACTICAL KNOWLEDGE AND HANDS-ON LAB EXPERIENCE TO ENHANCE THEIR CONTENT UNDERSTANDING, CLASSROOM PRACTICE AND BRIDGE TO THE REAL WORLD SKILLS STUDENTS WILL NEED. THE RESEARCH EXPERIENCE FOR TEACHERS (RET) PROGRAM, PROVIDES MIDDLE AND HIGH SCHOOL TEACHERS REAL-WORLD LABORATORY EXPERIENCE AND HELPING THEM TRANSLATE THEIR RESEARCH EXPERIENCES AND NEW KNOWLEDGE INTO CLASSROOM ACTIVITIES. RET IS AN INTENSIVE PROGRAM IMPLEMENTED FIVE (5) DAYS PER WEEK OVER FOUR (4) WEEKS DURING THE SUMMER. THROUGHOUT THE PROGRAM THE TEACHERS SPEND ABOUT 130 HOURS WITH A RESEARCH AND DEVELOPMENT COMPANY WORKING ON REAL WORLD PROJECTS AND 30 PLUS HOURS IN TEACHER PROFESSIONAL DEVELOPMENT. THE GOAL IS TO HELP BUILD LONG-TERM COLLABORATIVE PARTNERSHIPS BETWEEN 7TH-12TH GRADE TEACHERS, INDUSTRY SCIENTISTS, AND THE LOCAL UNIVERSITY RESEARCH COMMUNITY BY INVOLVING THE TEACHERS IN REAL BIOSCIENCE RESEARCH AND HELPING THEM TRANSLATE THEIR RESEARCH EXPERIENCES AND NEW KNOWLEDGE INTO CLASSROOM ACTIVITIES. BY PROVIDING EXPERIENTIAL OPPORTUNITIES, ALONG WITH PROFESSIONAL DEVELOPMENT, CLASSROOM IMPLEMENTATION PLANNING TIME AND AUTHENTIC MATERIALS, RET WILL BE MAKING A TREMENDOUS IMPACT IN COLORADO'S 7TH-12TH GRADE SCIENCE CLASSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan John Vice President | Officer | 40 | $51,548 |
Ethan Mann Chairperson | OfficerTrustee | 1 | $0 |
Alan Rudolph Secretary | OfficerTrustee | 1 | $0 |
Jim Wilson Treasurer | OfficerTrustee | 1 | $0 |
Elyse Blazevich President As Of 11/21 | Officer | 1 | $0 |
Jennifer Jones President Thru 10/21 | 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 | $87,637 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,637 |
| Total Program Service Revenue | $89,245 |
| 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 | $176,882 |
| 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. | $51,548 |
| Compensation of current officers, directors, key employees. | $4,124 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,450 |
| 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 | $3,567 |
| 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 | $7,589 |
| Total functional expenses | $156,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,415 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,550 |
| 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 | $245,965 |
| Accounts payable and accrued expenses | $4,198 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| 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 | $9,198 |
| Net assets without donor restrictions | $236,767 |
| 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 | $245,965 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Colorado Bioscience Institute has recieved totaling $98,191.
| Awarding Organization | Amount |
|---|---|
Medtronic Communities Foundation Minneapolis, MN PURPOSE: STEM | $85,340 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $7,851 |
Nordson Corporation Foundation Westlake, OH PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
E-Institute Charter School Inc Glendale, AZ | $5,349,223 | $5,255,212 |
Calibre Academy Inc Glendale, AZ | $11,926,641 | $5,251,509 |
National Tactical Officers Association Colorado Springs, CO | $2,706,085 | $5,194,177 |
Local 798 Training Center Tulsa, OK | $15,089,944 | $2,364,355 |
Phoenix Advantage Charter School Inc Phoenix, AZ | $6,755,365 | $3,116,244 |
Phoenix Electrical Joint Apprentice Phoenix Electrical Jatc Phoenix, AZ | $4,412,540 | $2,803,769 |
Park City Education Foundation Park City, UT | $4,266,324 | $3,020,794 |
New Mexico Pipe Trades Joint Apprenticeship Fund Albuquerque, NM | $5,396,358 | $2,206,148 |
Big Brothers-Big Sisters Of Utah Inc Salt Lake City, UT | $1,937,672 | $2,352,525 |
Cosanti Foundation Mayer, AZ | $6,295,849 | $1,833,941 |
Rolf Institute Boulder, CO | $848,027 | $1,976,824 |
Independent Electrical Contractors Inc Colorado Springs, CO | $945,690 | $1,262,960 |