La Jolla Bioengineering Institute
- Assets
- $258.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Coronado, CA
- Founding
- 06/2002
- Data as of
- 06/2022
- EIN
- 10-0003432
Organization Overview
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 06/2022, 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 06/2022, LA Jolla Bioengineering Institute generated $4.3k 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 (51.2%) each year. All expenses for the organization totaled $5.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (49.2%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THERE WAS NO FUNDING OR RESEARCH EXPENDITURES THIS YEAR
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Board, Officers & Key Employees
| 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 |
Financial Statements
| 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 | $4,320 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,320 |
| 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 | $560 |
| Occupancy, rent, utilities, and maintenance | $2,603 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,460 |
| Total expenses | $5,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,630 |
| Other assets | $0 |
| Total assets | $257,999 |
| Total liabilities | $250,369 |
| Net assets or fund balances | $7,630 |
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