Institute For Biomedical Entrepreneurship Inc
- Assets
- $97.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-2546388
Organization Overview
Institute For Biomedical Entrepreneurship Inc is located in Ipswich, MA. The organization was established in 2017. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Biomedical Entrepreneurship Inc 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, Institute For Biomedical Entrepreneurship Inc generated $68.8k 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 (11.2%) each year. All expenses for the organization totaled $141.1k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL TRAINING CERTIFICATION PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Manning CEO | 5 | $0 | |
Charles Yon Secretary | 5 | $0 | |
Henry Skinner COO | 5 | $0 | |
Gregg Faribrothers Vice-President | 2 | $0 | |
Curtis Sprouse Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $68,759 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,759 |
| 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 | $50,601 |
| Occupancy, rent, utilities, and maintenance | $289 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90,247 |
| Total expenses | $141,137 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,966 |
| Other assets | $0 |
| Total assets | $97,134 |
| Total liabilities | $250 |
| Net assets or fund balances | $96,884 |
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