BIOMEDICAL SCIENCE CAREERS PROGRAM INC (EIN 043241307) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

JOAN Y REEDE MD MP

Phone

6174320552

Tax Period

2024-01-01 to 2024-12-31

BIOMEDICAL SCIENCE CAREERS PROGRAM INC, founded in 1991, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $817K, a strong 45% operating margin.

Mission

BIOMEDICAL SCIENCE CAREERS PROGRAM, INC. ("BSCP") WAS INCORPORATED IN JULY 1994, AND WAS ORGANIZED TO ASSIST STUDENTS OF EVERY RACE, ETHNIC BACKGROUND, GENDER, AND FINANCIAL STATUS TO ENTER CAREERS IN THE FIELDS OF MEDICINE AND BIOMEDICAL RESEARCH BY PROVIDING THEM WITH OPPORTUNITIES TO MEET WITH ESTABLISHED PROFESSIONALS IN THEIR CHOSEN CAREER FIELDS, CREATING MENTORING RELATIONSHIPS, AND PROVIDING CAREER EDUCATIONAL ADVICE. BSCP ACCOMPLISHES THIS BY SPONSORING CONFERENCES AND SEMINARS FOR STUDENTS, IN ADDITION TO PROVIDING SCHOLARSHIPS TO STUDENTS WHO MEET CERTAIN ESTABLISHED CRITERIA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,719,104

Program Service Revenue $0

Investment Income $75,872

Other Revenue $0

TOTAL REVENUE $1,794,976

Expense Breakdown

Grants Paid $74,613

Salaries & Benefits $532,559

Fundraising Expenses $146,835

Program Expenses $643,001

Other Expenses $371,146

TOTAL EXPENSES $978,318

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,794,976	$1,431,604	+0.3%
Expenses	$978,318	$1,027,859	0.0%
Net Income	$816,658	$403,745	+1.0%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

299

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES M CONNOLLY	TREASURER	1.00	Officer Director	$0	$0	$0
ZOLTAN CSIMMA	SECRETARY	1.00	Officer Director	$0	$0	$0
JOAN Y REEDE MD MPH MS MBA	PRESIDENT AND CHAIR	1.00	Officer Director	$0	$0	$0
GILDA A BARABINO PHD	DIRECTOR	1.00	Director	$0	$0	$0
DJADE SOUMANA	CLERK	1.00	Officer Director	$0	$0	$0
ANDREW S PLUMP MD PHD	DIRECTOR	1.00	Director	$0	$0	$0
CASEY ROJAS JD	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DAMBACH CFA	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS A DEAN II PHD	DIRECTOR	1.00	Director	$0	$0	$0
YVONNE GREENSTREET MBCHB MBA	DIRECTOR	1.00	Director	$0	$0	$0
MONICA GREWAL JD	DIRECTOR	1.00	Director	$0	$0	$0
TUAN HA-NGOC	DIRECTOR	1.00	Director	$0	$0	$0
RESHMA KEWALRAMANI MD FASN	DIRECTOR	1.00	Director	$0	$0	$0
RAFAEL LUNA PHD	DIRECTOR	1.00	Director	$0	$0	$0
ARTHUR R MCGIVERN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID P MEEKER MD	DIRECTOR	1.00	Director	$0	$0	$0
J KEITH MOTLEY PHD	DIRECTOR	1.00	Director	$0	$0	$0
LYDIA VILLA-KOMAROFF PHD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GARY HERMAN	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN FOARD	DIRECTOR	1.00	Director	$0	$0	$0
DENNISE A DE JESS-DAZ PHD	DIRECTOR	1.00	Director	$0	$0	$0
SARASWATHY SARA V NOCHUR PHD	DIRECTOR	1.00	Director	$0	$0	$0
APRIL KHADIJAH INNISS MD MSC	DIRECTOR	1.00	Director	$0	$0	$0
HOLLIE DESILVA	EXECUTIVE DIRECTOR	35.00	Highest	$113,053	$45,486	$158,539

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,794,976	$978,318	$4,201,042	$816,658
2023	$1,431,604	$1,027,859	$3,124,734	$403,745
2022	$1,279,013	$719,177	$2,524,624	$559,836
2021	$1,541,238	$696,792	$2,122,240	$844,446
2020	$1,056,563	$485,716	$1,225,655	$570,847
2019	$410,624	$387,941	$607,937	$22,683
2018	$536,778	$668,829	$541,211	$-132,051

BIOMEDICAL SCIENCE CAREERS PROGRAM INC