The Biobreak Organization Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 05/2014
- Data as of
- 09/2022
- EIN
- 87-0795559
Organization Overview
The Biobreak Organization Inc is located in Boston, MA. The organization was established in 2014. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biobreak Organization Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZING NETWORKING EVENTS WHERE BIOTECH, PHARMA, MEDTECH, DIAGNOSTIC AND VENTURE CAPITAL EXECUTIVES CAN BUILD RELATIONSHIPS, SOURCE TRANSACTIONS AND LEARN ABOUT OTHER COMPANIES IN THEIR AREA, FOSTERING A STRONGER ENVIRONMENT FOR THE LIFE SCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOSTED TWO IN-PERSON NETWORKING EVENTS IN MULTIPLE LOCATIONS, INCLUDING BOSTON, PHILADELPHIA, AND SAN FRANCISCO, IN SEPTEMBER AND OCTOBER 2021. ATTENDANCE RANGED FROM 30-150 PEOPLE. THE EXPENSES ARE THE DIRECT COSTS FOR THE NETWORKING EVENTS, SUCH AS THE VENUE RENTAL, FOOD, PRINTING AND MARKETING. THE REVENUE RESULTED FROM SOLICITATION OF SPONSORS FOR THESE EVENTS. NO FUNDRAISING COSTS WERE INCURRED IN OBTAINING SPONSORS. THE ORGANIZATION RENTS OUT LOBBIES, RESTAURANTS, ETC. FOR THE LOCATION OF EACH EVENT.THE ORGANIZATION HOSTED TEN VIRTUAL EXPERT PANEL DISCUSSION AND VIRTUAL NETWORKING EVENTS THROUGHOUT 2021. ATTENDANCE AT THE VIRTUAL EVENTS RANGED FROM 20-80 PEOPLE PER EVENT. THE EXPENSES FOR VIRTUAL EVENTS INCLUDED ZOOM PLATFORM AND VARIOUS MARKETING PLATFORMS.
CHIEF BUSINESS OFFICER (CBO) FORUM IN 2021 THE CBO FORUM HELD ONE VIRTUAL EVENT AND TWO IN-PERSON EVENTS IN BOSTON AND SAN FRANCISCO. EVENT ATTENDANCE RANGED FROM 30-50 PEOPLE PER EVENT. THE PURPOSE OF THE FORUM IS TO PROMOTE A COMMUNITY OF CBOS IN THE BIOPHARMA ECOSYSTEM AND TO PROVIDE AN INTERACTIVE FORUM FOR DISCUSSION AND EXPLORATION OF ISSUES AND CHALLENGES FACED BY CBOS.
CHIEF EXECUTIVE OFFICER (CEO) FORUM IN 2021 THE CBO FORUM HELD THREE VIRTUAL EVENTS. EVENT ATTENDANCE RANGED FROM 30-60 PEOPLE PER EVENT. THE PURPOSE OF THE FORUM IS TO PROMOTE A COMMUNITY OF CEOS IN THE BIOPHARMA ECOSYSTEM AND TO PROVIDE AN INTERACTIVE FORUM FOR DISCUSSION AND EXPLORATION OF ISSUES AND CHALLENGES FACED BY CEOS.
BOOST BY BIOBREAK IN 2021 BOOST BY BIOBREAK HELD FOUR VIRTUAL AND ONE IN-PERSON EVENT IN BOSTON. EVENT ATTENDANCE RANGED FROM 30-80 PEOPLE PER EVENT. THE PURPOSE OF THE GROUP IS S TO BRING TOGETHER BIOBREAK'S FEMALE LIFE SCIENCE EXECUTIVES, BOARD MEMBERS, AND INVESTORS, WHILE ALSO USING THIS WOMEN'S GROUP TO GROW THE NETWORK OF FEMALE MEMBERS. BOOST STRIVES TO CREATE A PLACE WHERE OUR MEMBERS CAN HAVE IN-DEPTH CONVERSATIONS TO BRING BACK AWARENESS TO THEIR COMPANY TO INCITE POSITIVE CHANGE THAT WILL IMPROVE THE INDUSTRY AS A WHOLE.
NO PROGRAM SERVICES WERE RUN IN 2022
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey Meyerson President/treasurer | OfficerTrustee | 0.25 | $0 |
Martin Lehr Secretary | OfficerTrustee | 0.25 | $0 |
Andrew Meyerson Director | Trustee | 0.25 | $0 |
Roberta Meyerson Director | Trustee | 0.25 | $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 | $66,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,000 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,115 |
| Advertising and promotion | $2,569 |
| Office expenses | $0 |
| Information technology | $850 |
| 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 | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
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