Biomedical Research Foundation
- Assets
- $279.3k
- Revenue
- $7.6k
- Investments
- $134.2k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 06/1988
- Data as of
- 06/2021
- EIN
- 54-1429678
Organization Overview
Biomedical Research Foundation is located in Houston, TX. The organization was established in 1988. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biomedical Research Foundation 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 06/2021, Biomedical Research Foundation generated $7.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $419.0 during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (50.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jordan Gutterman President | 1.5 | $0 | |
Julian H Gutterman Sec/treas | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,903 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,728 |
| Capital Gain Net Income | $4,728 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,631 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $419 |
| Total operating and administrative expenses | $419 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,319 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $119,788 |
| Total assets | $279,298 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metis Foundation San Antonio, TX | $2,545,676 | $9,772,629 |
Mercy Research Springfield, MO | $1,873,704 | $4,182,009 |
Childrens Medical Center Research Institute At The University Of Tex Dallas, TX | $3,647,236 | $5,406,938 |
Biomedical Research Institute Of New Mexico Albuquerque, NM | $13,199,153 | $8,153,350 |
Cerebral Palsy Research Foundation Of Kansas Inc Wichita, KS | $16,856,150 | $7,008,129 |
Glenn Foundation For Medical Research Inc Phoenix, AZ | $192,520,690 | $23,653,368 |
Center For Improving Value In Health Care Denver, CO | $5,434,732 | $7,883,219 |
Pkd Foundation Kansas City, MO | $20,909,832 | $16,124,449 |
Riordan Clinic Inc Wichita, KS | $2,732,977 | $6,794,180 |
Foundation For Angelman Syndrome Therapeutics Austin, TX | $17,749,994 | $3,977,487 |
Kansas State University Research Foundation Manhattan, KS | $15,643,687 | $5,376,469 |
Siut North America Inc Houston, TX | $1,089,866 | $4,188,767 |