Biomedical Research Foundation Of Colorado
- Assets
- $460.4k
- Revenue
- $2.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 10/1986
- Data as of
- 12/2021
- EIN
- 74-2427577
Organization Overview
Biomedical Research Foundation Of Colorado is located in Denver, CO. The organization was established in 1986. 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 Of Colorado 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, Biomedical Research Foundation Of Colorado generated $2.1k 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 (23.8%) each year. All expenses for the organization totaled $26.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MEDICAL RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIOMEDICAL IS INVOLVED IN MEDICAL RESEARCH ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Michael Wilson President | OfficerTrustee | 1 | $0 |
Dr Robert Janson Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $0 |
| Investment income | $129 |
| 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 | $2,129 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,055 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,575 |
| All other expenses | $0 |
| Total functional expenses | $26,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $460,412 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $460,412 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $460,412 |
| Net assets with donor restrictions | $0 |
| 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 | $460,412 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Biomedical Research Foundation Of Colorado has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Rheumatology Research Foundation Atlanta, GA PURPOSE: MEDICAL AND GRADUATE STUDENT PRECEPTORSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred E Mann Institute For Biomedical Engineering At The Usc Los Angeles, CA | $265,159,414 | $78,284,269 |
Fogarty Institute For Innovation Mountain View, CA | $12,713,454 | $3,362,432 |
Sens Foundation Inc Mountain View, CA | $3,998,305 | $4,002,442 |
Southern California Institute For Research And Education Long Beach, CA | $7,387,710 | $3,555,949 |
Brentwood Biomedical Research Institute Institute Inc Los Angeles, CA | $0 | $493,229 |
Applied Biomedical Science Institute San Diego, CA | $1,308,035 | $2,682,413 |
Mclaughlin Research Institute For Biomedical Sciences Great Falls, MT | $11,010,365 | $2,881,556 |
Agouron Institute Pasadena, CA | $18,754,799 | $1,205,799 |
Biomedical Research Foundation Medical Research 151 Little Rock, AR | $1,354,663 | $1,760,299 |
Beckman Laser Institute Inc Irvine, CA | $7,260,993 | $551,556 |
Biomedical Research Foundation Of Southern Arizona Tucson, AZ | $586,510 | $271,565 |
Nebraska Educational Biomedical Research Association Omaha, NE | $2,900,640 | $908,768 |