Biotech Partners
- Assets
- $600.7k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 9
- Location
- Berkeley, CA
- Founding
- 09/1993
- Data as of
- 12/2022
- EIN
- 94-3171180
Organization Overview
Biotech Partners is located in Berkeley, CA. The organization was established in 1993. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Biotech Partners employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biotech Partners 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 12/2022, Biotech Partners generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $993.1k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE THE PROGRAM'S INCEPTION IN 1992, OVER 4,517 STUDENTS HAVE PARTICIPATED IN BIOTECH ACADEMY AND HAVE COLLECTIVELY EARNED OVER $3.75 MILLION TO DATE. BIOTECH PARTNERS OPERATES ITS PROGRAM IN BERKELEY HIGH SCHOOL (1993), OAKLAND TECHNICAL HIGH SCHOOL (1996), ANTIOCH HIGH SCHOOL (2015), SOUTH SAN FRANCISCO HIGH (2015-17), AND SAN MARIN HIGH (2016) AND PARTNERS WITH THE PERALTA COMMUNITY COLLEGE DISTRICT. BIOTECH PARTNERS' TWO-YEAR HIGH SCHOOL PROGRAM COMPONENT INCLUDES A HANDS-ON LAB-FOCUSED CURRICULUM AND A BIOSCIENCE INDUSTRY INTERNSHIP BETWEEN THE 11TH AND 12TH GRADE YEARS. OVER 550 STUDENTS HAVE CONTINUED THEIR BIOSCIENCE EDUCATION IN BIOTECH PARTNERS' COMMUNITY COLLEGE BIOSCIENCE CAREER INSTITUTE (BCI) PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla Carriveau JD President | OfficerTrustee | 8 | $0 |
Martie Kutscher Clark JD Secretary | OfficerTrustee | 2 | $0 |
Kenneth Saffier MD Director | Trustee | 2 | $0 |
Arjun Natesan PHD Director | Trustee | 8 | $0 |
Elaine Eng PHD Director | Trustee | 2 | $0 |
Wesley Burwell Bba MBA Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,757 |
| Related organizations | $0 |
| Government grants | $393,506 |
| All other contributions, gifts, grants, and similar amounts not included above | $912,412 |
| Noncash contributions included in lines 1a–1f | $74,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,315,675 |
| Total Program Service Revenue | $0 |
| Investment income | $429 |
| 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 | $1,316,104 |
| 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. | $150,000 |
| Compensation of current officers, directors, key employees. | $21,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $282,161 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $84,167 |
| Payroll taxes | $36,349 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $70,181 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $150,009 |
| Advertising and promotion | $0 |
| Office expenses | $41,595 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,944 |
| Travel | $3,601 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,009 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $980 |
| All other expenses | $0 |
| Total functional expenses | $993,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,595 |
| Savings and temporary cash investments | $299 |
| Pledges and grants receivable | $416,613 |
| Accounts receivable, net | $62,941 |
| 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 | $26,239 |
| 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 | $600,687 |
| Accounts payable and accrued expenses | $59,393 |
| Grants payable | $0 |
| Deferred revenue | $43,209 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $14,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $116,602 |
| Net assets without donor restrictions | -$40,747 |
| Net assets with donor restrictions | $524,832 |
| 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 | $600,687 |