Bioethics International Inc
- Assets
- $369.8k
- Revenue
- $800.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Westport, CT
- Founding
- 05/2008
- Data as of
- 12/2019
- EIN
- 87-0774767
Organization Overview
Bioethics International Inc is located in Westport, CT. The organization was established in 2008. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2019, Bioethics International Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bioethics International 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 12/2019, Bioethics International Inc generated $800.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $888.8k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE ETHICS, TRANSPARENCY, AND GOVERNANCE OF HEALTHCARE INNOVATION AND DELIVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IDENTIFYING BEST PRACTICES, DEVELOPING ETHICAL STANDARDS, BENCHMARKING THE PERFORMANCE OF HEALTHCARE PRODUCTS AND INSTITUTIONS ACCORDING TO THOSE STANDARDS AND CREATING AND IMPLEMENTING REFORM STRATEGIES TO HELP FIX SYSTEM PROBLEMS THAT POSE PATIENT OR GLOBAL PUBLIC HEALTH RISKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Miller Board Member/president | OfficerTrustee | 19 | $16,894 |
Liam O'brien Board Member | Trustee | 0.5 | $0 |
Marie Letendre Board Member | Trustee | 0.5 | $0 |
Steve Sammut Board Member | Trustee | 0.5 | $0 |
Marc Wilenzick Board Member | Trustee | 0.5 | $0 |
Wilco Faessen Board Member | Trustee | 0.5 | $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 | $800,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $800,000 |
| Total Program Service Revenue | $0 |
| Investment income | $83 |
| 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 | $800,083 |
| 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. | $16,894 |
| Compensation of current officers, directors, key employees. | $2,147 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $514,040 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,500 |
| Payroll taxes | $2,873 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,135 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,798 |
| Advertising and promotion | $46 |
| Office expenses | $4,193 |
| Information technology | $14,219 |
| Royalties | $0 |
| Occupancy | $570 |
| Travel | $36,055 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,073 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,707 |
| All other expenses | $0 |
| Total functional expenses | $888,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,447 |
| Savings and temporary cash investments | $103,473 |
| Pledges and grants receivable | $0 |
| 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 | $296 |
| Net Land, buildings, and equipment | $13,844 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $12,667 |
| Other assets | $77 |
| Total assets | $369,804 |
| Accounts payable and accrued expenses | $3,672 |
| 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 | $3,672 |
| Net assets without donor restrictions | $366,132 |
| 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 | $369,804 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bioethics International Inc has recieved totaling $1,200,000.
| Awarding Organization | Amount |
|---|---|
Laura And John Arnold Foundation Houston, TX PURPOSE: TO HELP EXPAND THE GOOD PHARMA SCORECARD. | $600,000 |
Laura And John Arnold Foundation Houston, TX PURPOSE: TO HELP EXPAND THE GOOD PHARMA SCORECARD. | $600,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association For Computing Machinery Inc New York, NY | $180,885,528 | $72,176,631 |
American Mathematical Society Providence, RI | $260,729,239 | $32,058,394 |
New York Academy Of Sciences New York, NY | $16,349,796 | $18,722,535 |
American Meteorological Society Boston, MA | $23,955,564 | $17,020,268 |
Illuminating Engineering Society New York, NY | $18,835,076 | $5,095,869 |
Acoustical Society Of America Melville, NY | $27,852,210 | $5,622,240 |
Explorers Club New York, NY | $15,490,739 | $4,443,470 |
Igem Foundation Inc Cambridge, MA | $4,229,953 | $5,084,700 |
Society Of Cosmetic Chemists New York, NY | $2,038,387 | $1,831,767 |
Guild Of Future Architects Foundation West Th Street, NY | $810,502 | $1,697,027 |
Prpl Foundation Inc Wakefield, MA | $4,671,273 | $795,026 |
Bioethics International Inc Westport, CT | $369,804 | $800,083 |