Biowell Inc
- Assets
- $16.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- Data as of
- 12/2023
- EIN
- 88-3848972
Organization Overview
Biowell Inc is located in Houston, TX. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biowell Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
BIOWELL INC PLANS TO LAUNCH AN ACCELERATOR PROGRAM IRBA (INDUSTRY, RESEARCH&LAB, BUSINESSACCELERATION)PROGRAM. THIS IS THE MAIN PROGRAM BIOWELL INC IS OFFERING TO QUALIFY START-UPTHAT WILL BE SELECTED THROUGH A SELECTION COMMITTEE CONSISTS OF KEY CORPORATE SPONSORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronica Wu President | 10 | $0 | |
Carlos Estrada Secretary | 30 | $9,000 | |
Anthony Breckenridge Director | 5 | $0 | |
Paul Palmer Executive Director | 32 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,862 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,862 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,084 |
| Professional fees and other payments to independent contractors | $62,821 |
| Occupancy, rent, utilities, and maintenance | $12,504 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,682 |
| Total expenses | $132,091 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,957 |
| Other assets | $0 |
| Total assets | $16,271 |
| Total liabilities | $500 |
| Net assets or fund balances | $15,771 |