La Jolla Bioengineering Institute is located in Coronado, CA. The organization was established in 2002. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. As of 06/2023, LA Jolla Bioengineering Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Jolla Bioengineering Institute 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 06/2023, LA Jolla Bioengineering Institute generated $329.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (66.2%) each year. All expenses for the organization totaled $2.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THERE WAS NO FUNDING OR RESEARCH EXPENDITURES THIS YEAR
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Frangos PHD President CEO And Scientific Director | 10 | $0 | |
Marcos Intaglietta PHD Chairman Of The Board | 1 | $0 | |
Michael Nicolaou PHD Director And CFO | 1 | $0 | |
Douglas Stewart PHD Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $329 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $329 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $602 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,198 |
| Total expenses | $2,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,159 |
| Other assets | $0 |
| Total assets | $304,005 |
| Total liabilities | $298,846 |
| Net assets or fund balances | $5,159 |