Biogenerator is located in St Louis, MO. The organization was established in 2003. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biogenerator 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, Biogenerator generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $6.6m during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE ST. LOUIS' REGIONAL PROSPERITY BY CULTIVATING A THRIVING BIOSCIENCES SECTOR. BIOGENERATOR PURSUES THIS MISSION BY BUILDING AND INVESTING IN A ROBUST PIPELINE OF SUCCESSFUL BIOSCIENCE COMPANIES AND ENTREPRENEURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS PART OF ITS PROOF OF CONCEPT PURPOSE, BIOGENERATOR ASSISTS IN THE DEVELOPMENT OF ORGANIZATIONS, WHICH MEET THE EXEMPT PURPOSE OF BIOGENERATOR BY PROVIDING GUIDANCE/FEEDBACK ON BUSINESS STRATEGIES, PRESENTATIONS, BUSINESS PLANS, FUND-RAISING STRATEGIES, CORPORATE PARTNER NEGOTIATIONS, INTRODUCING COMPANIES TO HIGH QUALITY PROFESSIONAL SERVICE PROVIDERS AND ASSISTING IN PREPARATION OF FINANCIAL PROJECTIONS, BUDGETS AND TIMELINES. BIOGENERATOR FUNDED SERVICES TO 19 NEW COMPANIES IN 2021.
BIOGENERATOR CREATED A 17,150 SQUARE FOOT LAB FACILITY WHICH IS MADE AVAILABLE TO CLIENT COMPANIES OR ENTREPRENEURS IN THE PRE-COMPANY/EARLIEST PHASES OF COMMERCIALIZATION TO ESTABLISH LABORATORY OPERATIONS AND INITIATE PROOF OF CONCEPT STUDIES WITHOUT HAVING TO RAISE THE CAPITAL REQUIRED TO PURCHASE MOST EQUIPMENT AND RENT LABORATORY SPACE.
A SUBSET OF BIOGENERATOR STAFF PROVIDE EDUCATIONAL SERVICES AND MENTORING TO PROSPECTIVE AND INEXPERIENCED ENTREPRENEURS WITH THE INTENTION OF EQUIPPING THE INDIVIDUALS WITH THE KNOWLEDGE TO SUCCESSFULLY DEVELOP A TECHNOLOGY AND BRING THAT BENEFIT TO THE COMMUNITY. AS PART OF THAT STRATEGY, 2 PROGRAMS WERE DEVELOPED, ONE FOCUSED ON EDUCATING ENTREPRENEURS ON THE BUSINESS ASPECTS OF STARTING A COMPANY (FUNDAMENTALS) AND EQUIPPING ENTREPRENEURS IN SEEKING GRANT SUPPORT FOR THEIR COMPANY (GRANTS CENTER OF EXCELLENCE). THESE TWO PROGRAMS, ALONE, PROVIDED SERVICES TO 79 CLIENTS IN 2021. ADDITIONALLY, THE BIOGENERATOR STAFF CONTINUALLY MEET WITH ENTREPRENEURS TO HELP THEM POSITION THEIR COMPANIES FOR SUCCESS.
BIOGENERATOR INVESTMENT STAFF OFFERS COMMERCIALIZATION GUIDANCE AND ADVICE ON A SUBSET OF MORE PROMISING CONCEPTS ORIGINATING FROM UNIVERSITY FACULTY OR ENTREPRENEURS ABOUT THE COMMERCIALIZATION PROCESS, AND WORKING WITH THE INDIVIDUALS, HELPS TO FORMULATE A DEVELOPMENT PLAN BY PROVIDING SUPPORT IN THE FORM OF ADVICE AND MENTORING. IT CONNECTS NEW BUSINESSES TO PROFESSIONAL SERVICES INCLUDING LAW FIRMS AND ACCOUNTING FIRMS, RECRUITS SCIENTIFIC AND MANAGEMENT TALENT AND DIRECT ENTREPRENEURS TO MANAGEMENT TRAINING PROGRAMS.BIOGENERATOR STAFF CONTINUOUSLY NETWORK TO SEEK OUT COMMERCIALLY PROMISING TECHNOLOGIES. THEY MEET WITH UNIVERSITY FACULTY, INCLUDING WASHINGTON UNIVERSITY, SAINT LOUIS UNIVERSITY, AND THE UNIVERSITY OF MISSOURI/ST. LOUIS. THEY ROUTINELY NETWORK WITH CORPORATIONS BASED IN ST. LOUIS WITH A FOCUS ON LIFE SCIENCES, SUCH AS MONSANTO, SIGMA ALDRICH, AND MALLINCKRODT. BIOGENERATOR ALSO WORKS WITH A VARIETY OF DEVELOPMENT PARTNERS INCLUDING BIOSTL, CIC@CET, THE DONALD DANFORTH PLANT SCIENCE CENTER, CORTEX INNOVATION COMMUNITY, MISSOURI TECHNOLOGY CORPORATION, THE CITY OF ST. LOUIS, AND ST. LOUIS COUNTY.AS A RESULT, BIOGENERATOR STAFF INVEST CONSIDERABLE TIME IN COMPLETING TECHNICAL ASSESSMENTS ON NEW TECHNOLOGIES. THIS INVOLVES PROVIDING EDUCATION TO THOSE INVOLVED ON HOW TO IMPROVE OR FURTHER DEVELOP THEIR TECHNOLOGY, SPECIFICALLY AS IT PERTAINS TO MEETING A NEED OF THE COMMUNITY. BIOGENERATOR HAD OVER 100 TECHNOLOGIES THAT WERE IDENTIFIED FOR CONSIDERATION. THE MAJORITY OF THESE OPPORTUNITIES INVOLVED TECHNOLOGIES LICENSED OR EMERGING FROM UNIVERSITIES OR RESEARCH INSTITUTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donn Rubin Board Member/chair/sec/treas | OfficerTrustee | 10 | $0 |
Eric Gulve Board Member/president | OfficerTrustee | 40 | $0 |
Christina Green Board Member | Trustee | 4 | $0 |
Charlie Bolten Senior VP | 40 | $0 | |
Harry Arader Director Fundamentals | 40 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Davis Walp Consulting | 12/30/21 | $249,597 |
Darren L Brodeur Consulting | 12/30/21 | $230,825 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $6,102,058 |
Government grants | $931,084 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,033,142 |
Total Program Service Revenue | $590,969 |
Investment income | $43 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,643,533 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,980,621 |
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. | $345,458 |
Compensation of current officers, directors, key employees. | $51,818 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,325,920 |
Pension plan accruals and contributions | $121,634 |
Other employee benefits | $267,491 |
Payroll taxes | $0 |
Fees for services: Management | $65,151 |
Fees for services: Legal | $239,522 |
Fees for services: Accounting | $5,289 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $304,691 |
Advertising and promotion | $668 |
Office expenses | $43,855 |
Information technology | $109,033 |
Royalties | $0 |
Occupancy | $1,362,537 |
Travel | $5,888 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $521 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $328,057 |
Insurance | $2,972 |
All other expenses | $2,900 |
Total functional expenses | $6,594,633 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $153,459 |
Savings and temporary cash investments | $3,804,249 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $419,725 |
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 | $238,027 |
Investments—publicly traded securities | $3,493,047 |
Investments—other securities | $0 |
Investments—program-related | $10,120,141 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $18,228,648 |
Accounts payable and accrued expenses | $447 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $447 |
Net assets without donor restrictions | $18,228,201 |
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 | $18,228,648 |
Over the last fiscal year, we have identified 1 grants that Biogenerator has recieved totaling $6,102,058.
Awarding Organization | Amount |
---|---|
Biostl St Louis, MO PURPOSE: TO SUPPORT ORGANIZATIONS THAT HELP BUILD BIOSCIENCES COMPANIES LOCATED IN ST. LOUIS CITY AND THE SURROUNDING COMMUNITY | $6,102,058 |
Organization Name | Assets | Revenue |
---|---|---|
Two Blades Foundation Evanston, IL | $11,973,096 | $5,910,316 |
Biogenerator St Louis, MO | $18,228,648 | $5,980,621 |
Center For Humans And Nature Nfp Libertyville, IL | $9,956,278 | $1,296,865 |
American Society For Bioethics And Humanities Chicago, IL | $775,773 | $1,147,764 |
Association Of Biomolecular Resource Facilities Lexington, KY | $1,879,453 | $822,565 |
American Board Of Bioanalysis St Louis, MO | $579,013 | $382,554 |
Martha Lafite Thompson Nature Sanctuary Biology Department Liberty, MO | $594,508 | $80,936 |
Society For Research On Biological Rhythms Inc Brentwood, TN | $758,872 | $123,925 |
Society For Economic Botany St Louis, MO | $354,051 | $86,687 |
Institute Of Neuromodulation Chicago, IL | $99,824 | $0 |
Fed Is Best Foundation Little Rock, AR | $13,848 | $0 |
International Society Of Photosynthesis Research Stillwater, OK | $194,041 | $0 |