Biotechnical Institutes Of Maryland

Organization Overview

Biotechnical Institutes Of Maryland is located in Baltimore, MD. The organization was established in 1999. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, Biotechnical Institutes Of Maryland employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biotechnical Institutes Of Maryland 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 12/2021, Biotechnical Institutes Of Maryland generated $730.4k 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 (7.6%) each year. All expenses for the organization totaled $936.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BTI'S NON-PROFIT MISSION IS TO PROVIDE TUITION-FREE TRAINING AND PLACEMENT ASSISTANCE TO UNDER AND BTI TRAINS HIGHLY MOTIVATED, DISADVANTAGED, AND/OR UNEMPLOYED INDIVIDUALS WITH A HIGH SCHOOL DIPLOMA OR A GRADUATE EQUIVALENT DEGREE, FOR POSITIONS AS SKILLED AND RELIABLE LAB TECHNICIANS. BTI ALSO PROVIDES A CRITICALLY NEEDED PREPARED WORKFORCE TO SUPPORT THE GROWTH OF THE LIFE SCIENCES INDUSTRY, AN ECONOMICALLY AND SCIENTIFICALLY IMPORTANT INDUSTRY TO MARYLAND AND THE U.S. THE ORGANIZATION IS EFFECTIVE AND SUSTAINABLE. AS AN MHEC-APPROVED PROGRAM, BTI'S LABORATORY ASSOCIATES GRADUATES RECEIVE SEVEN (7) CREDITS FROM BALTIMORE CITY COMMUNITY COLLEGE. BTI ALSO DESIGNS AND DELIVERS TO EMPLOYERS, SPECIALIZED LABORATORY PROGRAMS TO FURTHER TRAIN PROFESSIONAL LABORATORY WORKERS IN ADVANCED TECHNIQUES AND PROCEDURES, THUS AFFORDING THESE WORKERS ADVANCEMENT IN THEIR CAREERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BIOTECHNICAL INSTITUTE OF MARYLAND, INC. (BTI) WAS FOUNDED IN 1998 AS A NON-PROFIT 501 (C)(3) CORPORATION, TO FILL A NEED FOR SPECIALTY SCIENTIFIC TRAINING OF AND PLACEMENT ASSISTANCE FOR ENTRY-LEVEL BIOTECHNICIANS IN MARYLAND'S RAPIDLY EXPANDING BIOTECHNOLOGY INDUSTRY. THE BTI LABORATORY ASSOCIATES PROGRAM PROVIDES TUITION-FREE TRAINING IN BASIC LABORATORY SKILLS TO BRIGHT, AMBITIOUS, UNDER / UNEMPLOYED RESIDENTS OF BALTIMORE CITY AND THE REGION. A COMBINATION OF CLASSROOM INSTRUCTION, HANDS-ON TRAINING AND ON-THE-JOB WORK EXPERIENCE, ENABLES BTI'S SUCCESSFUL GRADUATES TO REALIZE EMPLOYMENT OPTIONS, WHILE EMPLOYERS BENEFIT FROM A STREAM OF READY-FOR-HIRE, WELL-QUALIFIED LAB TECHNICIANS. PLEASE SEE SCHEDULE O PAGE 40 FOR IMPORTANT INFORMATION ON THE MISSION AND IMPACT OF BTI.BTI IS APPROVED BY THE MARYLAND HIGHER EDUCATION COMMISSION AND RECOGNIZED THROUGHOUT THE STATE AS AN EFFECTIVE WORKFORCE TRAINING PROVIDER. BTI HAS TRAINED 41 COHORTS, CELEBRATES OVER 500 GRADUATES AND HAS PROVIDED SPECIALLY SKILLED WORKERS TO OVER 50 MARYLAND EMPLOYERS. BTI'S PLACEMENT RATE EXCEEDS 70%. ANALYSIS OF THE LONG-TERM RETENTION RATE SINCE 1998 SHOWS APPROXIMATELY 77% OF BTI GRADUATES ARE EMPLOYED OR PURSUING ADDITIONAL RELATED EDUCATION. BTI'S AVERAGE PLACEMENT WAGE IN 2020 WAS $17.37/HOUR PLUS BENEFITS.LIVES ARE CHANGED, FAMILIES SUPPORTED AND COMMUNITIES STRENGTHENED BY THE OUTCOMES OF BTI'S TRAINING AND SERVICES. BTI'S GOAL IS TO PROVIDE A BRIDGE TO OPPORTUNITIES FOR PARTICIPANTS AND THEIR FAMILIES BY REMOVING BARRIERS BETWEEN DISADVANTAGED PEOPLE AND EXISTING NEXT ECONOMY JOBS WITH LIVABLE WAGES THAT ARE UNFILLED DUE TO THE LACK OF PROPER TRAINING OF THE AREA'S WORKFORCE. BTI GRADUATES ARE QUALIFIED TO FILL A VARIETY OF TECHNICIAN POSITIONS IN THE LIFE SCIENCES INDUSTRY. GRADUATES ARE ALSO ELIGIBLE FOR 7 CREDITS TOWARD AN ASSOCIATE OF ARTS DEGREE IN BIOTECHNOLOGY FROM BALTIMORE CITY COMMUNITY COLLEGE.BTI'S PREPARATION OF A TRAINED, LOCAL WORKFORCE IS A CRITICAL COMPONENT OF THE MANY EFFORTS TO SUSTAIN AND GROW THE BIOTECHNOLOGY INDUSTRY IN THE STATE OF MARYLAND. BTI SKILLS TRAINING IS A NECESSARY INGREDIENT TO ADDRESS THE PRACTICAL WORKFORCE DEVELOPMENT NEEDS OF OUR CITIZENS. THE BTI MODEL HAS PROVEN ITS VALUE AND IMPACT. ADDITIONAL IN-DEPTH ORGANIZATIONAL AND PROGRAMMATIC INFORMATION ISAVAILABLE IN SCHEDULE O SUPPLEMENTAL INFORMATION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $282,250
All other contributions, gifts, grants, and similar amounts not included above$448,079
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$730,329
Total Program Service Revenue$0
Investment income $81
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 $730,410

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Biotechnical Institutes Of Maryland has recieved totaling $323,009.

Awarding OrganizationAmount
The Harry & Jeanette Weinberg Foundation Inc

Owings Mills, MD

PURPOSE: TO SUPPORT THE BIOSTART AND LABORATORY ASSOCIATES PROGRAM THAT HELPS LOW-INCOME BALTIMORE RESIDENTS OBTAIN HANDS-ON TRAINING, SKILLS, AND CAREERS INTO THE BIOSCIENCE INDUSTRY LEADING TO LIVING WAGE EMPLOYMENT.

$150,000
Kahlert Foundation Inc

Sykesville, MD

PURPOSE: TO SUPPORT CREATING SCIENTISTS: INVESTING IN MARYLAND'S WORKFORCE (BIOSTART TO LAB ASSOCIATES PROGRAM)

$50,000
The Abell Foundation Inc

Baltimore, MD

PURPOSE: WORKFORCE DEVELOPMENT

$40,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$30,000
Baltimore Community Foundation Inc

Baltimore, MD

PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS

$25,000
Alvin And Fanny B Thalheimer Foundation Inc

Towson, MD

PURPOSE: GENERAL SUPPORT

$20,000
View Grant Recipient Profile

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