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Nonprofiteer
← BIOTECH PARTNERS

Form 990 for tax year 2024

Filed by BIOTECH PARTNERS.

Totals

Total revenue
$697,894
Total expenses
$1,049,354
Contributions and grants received
$721,712
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
-$23,818
Total assets, end of year
$992,258
Total liabilities, end of year
$303,450
Net assets or fund balances, end of year
$688,808
Program services expenses (Part IX)
$773,468
Management and general expenses
$257,573
Fundraising expenses
$18,313
Program service expenses (Part III)
$773,468

Program services were 73.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $327,686

  • 1f · All other contributions, gifts and grants

    $394,026

  • 1g · Noncash contributions included above

    $74,000

  • 8a · Fundraising events: gross income

    $68,148

  • 8b · Fundraising events: direct expenses

    $91,966

  • 8c · Net income from fundraising events

    total -$23,818 · unrelated business $0 · excluded -$23,818

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $140,000 · program services $110,469 · management and general $16,241 · fundraising $13,290

  • 7 · Other salaries and wages

    total $325,481 · program services $272,396 · management and general $53,085 · fundraising $0

  • 9 · Other employee benefits

    total $86,274 · program services $70,941 · management and general $12,933 · fundraising $2,400

  • 10 · Payroll taxes

    total $38,019 · program services $30,310 · management and general $7,036 · fundraising $673

  • 11c · Fees: accounting

    total $78,390 · program services $0 · management and general $78,390 · fundraising $0

  • 11g · Fees: other

    total $97,828 · program services $86,828 · management and general $11,000 · fundraising $0

  • 13 · Office expenses

    total $47,712 · program services $14,952 · management and general $32,022 · fundraising $738

  • 16 · Occupancy

    total $93,866 · program services $63,073 · management and general $29,642 · fundraising $1,151

  • 17 · Travel

    total $9,701 · program services $6,925 · management and general $2,776 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $17,771 · program services $15,451 · management and general $2,320 · fundraising $0

  • 23 · Insurance

    total $14,647 · program services $2,458 · management and general $12,128 · fundraising $61

  • 24a · Other expenses: Student support and services

    total $7,115 · program services $7,115 · management and general $0 · fundraising $0

  • 24b · Other expenses: Student internships

    total $90,950 · program services $90,950 · management and general $0 · fundraising $0

  • 24c · Other expenses: Lab supplies and equipment

    total $1,600 · program services $1,600 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100,441 · end of year $57,587

  • 3 · Pledges and grants receivable

    beginning of year $1,129,996 · end of year $918,955

  • 4 · Accounts receivable

    beginning of year $3,093 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,528 · end of year $15,716

  • 10a · Land, buildings and equipment: cost or other basis

    $4,180

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,180

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $93,822 · end of year $122,450

  • 19 · Deferred revenue

    beginning of year $28,968

  • 22 · Loans and payables to officers and key people

    beginning of year $26,000 · end of year $36,000

  • 24 · Unsecured notes and loans payable

    beginning of year $75,000 · end of year $145,000

  • 27 · Net assets without donor restrictions

    beginning of year -$27,085 · end of year -$307,108

  • 28 · Net assets with donor restrictions

    beginning of year $1,067,353 · end of year $995,916

Mission and programs · 2024

Mission

See Schedule O

  • Since the programs inception in 1992, over 5,048 students have participated in BPs Biotech Academy; approximately 1,848 placed into paid internships and co- ops who have collectively earned over $4.12 million to date. Biotech Partners operates its program in Berkeley High School (1993), Oakland Unified School District (1996); Oakland Technical High School (2008), Antioch High School (2015), South San Francisco High (2015-17), and San Marin High (2016) and partners with the Peralta Community College District. Biotech Partners two-year high school program component includes a hands-on lab-focused curriculum and a bioscience industry internship between the 11th and 12th grade years. Over 550 students have continued their bioscience education in Biotech Partners community college Bioscience Career Institute (BCI) program.

    Expenses $773,468

As filed on the 2024 return.

Listed in Part VII

  • Arjun Natesan PhD

    President

    Total calculated
    $0
    Hours/week
    8

  • Carla Carriveau JD

    Vice President

    Total calculated
    $0
    Hours/week
    8

  • Keisha Mitchell MBA MSE BSE

    Secretary

    Total calculated
    $0
    Hours/week
    8

  • Tobias Schmid PhD

    Treasurer

    Total calculated
    $0
    Hours/week
    8

  • Elaine Ng PhD

    Director

    Total calculated
    $0
    Hours/week
    6

  • Kenneth Saffier MD

    Director

    Total calculated
    $0
    Hours/week
    4

  • Ahmed Akbar BA

    Director

    Total calculated
    $0
    Hours/week
    3

  • Charles Belle JD

    Director

    Total calculated
    $0
    Hours/week
    2

  • Roman Urfer PhD

    Director

    Total calculated
    $0
    Hours/week
    6

  • Steven Feldman PhD

    Director

    Total calculated
    $0
    Hours/week
    6

  • Lynda Gayden

    Executive Director

    Total calculated
    $145,465
    From this org
    $115,000
    From related orgs
    $0
    Other
    $30,465
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
6 May 2025
IRS schema version
2024v5.1
Source object
202541569349301444

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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