Josephine Porter Institute For Applied Bio-Dynamics Inc
- Assets
- $406.6k
- Revenue
- $257.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Floyd, VA
- Founding
- 09/1989
- Data as of
- 12/2023
- EIN
- 54-1359533
Organization Overview
Josephine Porter Institute For Applied Bio-Dynamics Inc is located in Floyd, VA. The organization was established in 1989. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2023, Josephine Porter Institute For Applied Bio-Dynamics Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Josephine Porter Institute For Applied Bio-Dynamics Inc 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, Josephine Porter Institute For Applied Bio-Dynamics Inc generated $257.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $164.4k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT SEMINARS, RESEARCH, AND PROVIDE OTHER EDUCATIONAL OPPORTUNITIES, PLUS SUPPLY TRAINING AIDS (PREPARATIONS) TO SUPPORT AND FURTHER THE BIO-DYNAMIC METHOD OF AGRICULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED BIO-DYNAMIC PREPARATIONS AND EDUCATIONAL SEMINARS AND MATERIALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Will Bratton Board Member | Trustee | 2.5 | $0 |
Virginia Samsel Board Member | Trustee | 3 | $0 |
Karina Hines Board Member | Trustee | 2.5 | $0 |
Sean Jackson Board Member | Trustee | 3 | $0 |
Michael Biltonen President | OfficerTrustee | 5 | $0 |
Barbara Shinn Treasurer | OfficerTrustee | 5 | $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 | $38,051 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,051 |
| Total Program Service Revenue | $22,585 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $800 |
| 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 | $196,045 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $257,542 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,866 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,673 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,101 |
| Fees for services: Accounting | $19,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $976 |
| Office expenses | $3,012 |
| Information technology | $2,003 |
| Royalties | $0 |
| Occupancy | $3,953 |
| Travel | $10,382 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,650 |
| Interest | $3,252 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,700 |
| Insurance | $3,744 |
| All other expenses | $20,752 |
| Total functional expenses | $164,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,993 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,878 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $94,593 |
| Prepaid expenses and deferred charges | $2,626 |
| Net Land, buildings, and equipment | $233,478 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $406,568 |
| Accounts payable and accrued expenses | $9,958 |
| 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 | $46,233 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,088 |
| Total liabilities | $64,279 |
| Net assets without donor restrictions | $332,289 |
| Net assets with donor restrictions | $10,000 |
| 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 | $406,568 |