Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 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
3 people listed on the 990; $94K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2023 | FY2022 | FY2020 |
|---|---|---|---|
| Elias Caro | $48,000 | $94,500 | $72,000 |
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 15aNo
Programs and updates
Trains researchers and companies to bring biomedical technologies to market.
Questions for Biocomx
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Completed the support for the RADx program from the National Institute of Health and completed C3i courses for the National Institute of Health and the VA.
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $307K | $660K |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $1K | $981 |
| Total assetsLn 16 | $309K | $661K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $309K | $661K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $0 | |||
| Management feesLn 11a | $5.0M | $4.6M | $427K | |
| Legal feesLn 11b | $10K | $10K | ||
| Accounting feesLn 11c | $14K | $0 | $14K | $0 |
| Other fees for servicesLn 11g | $23K | $23K | ||
| Advertising and promotionLn 12 | $661 | $661 | ||
| Office expensesLn 13 | $1K | $1K | ||
| Information technologyLn 14 | $10K | $10K | ||
| TravelLn 17 | $637 | $637 | ||
| Depreciation, depletion and amortizationLn 22 | $213 | $213 | ||
| Other expenses (24a–d)Ln 24 | $103K | $8K | $94K | $0 |
| Total functional expensesLn 25 | $5.2M | $4.6M | $582K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2023 Latest | $753 | 990 PDF | |||
| FY2022 Viewing | $5.5M | $5.2M | $353K | $661K | 990 PDF |
| FY2021 | $16.0M | $16.6M | −$618K | $309K | 990 PDF |
| FY2020 | $9.9M | $9.6M | $380K | $927K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $5,516,746 revenue, 12 lines filed
Part VI · Governance 2 of 3 board members independent, 3 to look at
Part VIII · Statement of revenue $5,516,746 across 5 lines filed
Part IX · Statement of functional expenses $5,164,171 across 11 lines filed
Part X · Balance sheet $661,267 assets, 18 lines filed
Part XI · Reconciliation of net assets $661,267 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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