Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2008.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
87 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
9 people listed on the 990; $211K paid to officers and key staff.
Vicki Brannock’s $211K as Senior Director, Workforce is at the 66th percentile of top reported officer pay among 363 $1–10M science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Vicki Brannock | $211,422 | $189,473 | — | — | — |
| Karmin Noar | — | — | $149,959 | $184,294 | $156,224 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Develops and promotes skilled talent for California's growing life science industry.
Questions for Biocom Institute
Your first name shows with your question. Biocom Institute answers here, for everyone.
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This agreement establishes a partnership between the verdugo workforce development board(vwdb) and biocom california institute to deliver life science industry workforce developmentservices.
Novaworks
This agreement establishes a partnership between the city of sunnyvale's nova workforce boardand biocom california institute to deliver life science industry workforce development servicesunder the workforce innovation and opportunity act.
This agreement establishes a partnership between the national institute for innovation inmanufacturing biopharmaceuticals (niimbl), santa clara university (scu), biocom californiainstitute, merck sharp & dohme LLC, and genentech to develop and implement the "biocad dataprogramming for biomanufacturing scale-up" project.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $173K | $356K |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $285K | $403K |
| LiabilitiesLn 26 | $150K | $104K |
| Net assetsLn 32 | $135K | $300K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $211K | $181K | $30K | |
| Other salaries and wagesLn 7 | $356K | $305K | $51K | |
| Pension plan contributionsLn 8 | $17K | $15K | $2K | |
| Other employee benefitsLn 9 | $170K | $146K | $24K | |
| Payroll taxesLn 10 | $47K | $40K | $7K | |
| Accounting feesLn 11c | $30K | $30K | ||
| Other fees for servicesLn 11g | $3K | $2K | $387 | |
| Office expensesLn 13 | $12K | $12K | ||
| TravelLn 17 | $17K | $2K | $15K | |
| Other expenses (24a–d)Ln 24 | $381K | $375K | $6K | |
| All other expensesLn 24e | $836 | $836 | ||
| Total functional expensesLn 25 | $1.2M | $1.1M | $165K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $1.4M | $1.2M | $165K | $300K | 990 PDF |
| FY2023 | $815K | $1.1M | −$277K | $135K | 990 PDF |
| FY2022 | $1.7M | $1.5M | $256K | $374K | 990 PDF |
| FY2021 | $1.9M | $1.5M | $452K | $79K | 990 PDF |
| FY2020 | $1.8M | $1.8M | −$55K | −$250K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,409,806 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $1,409,806 across 5 lines filed
Part IX · Statement of functional expenses $1,245,113 across 11 lines filed
Part X · Balance sheet $403,305 assets, 9 lines filed
Part XI · Reconciliation of net assets $299,720 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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