BOYCE THOMPSON INSTITUTE FOR PLANT RESEARCH INC (EIN 131739923) - 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

1924

Legal Domicile

Principal Officer

RYAN HILDRETH

Phone

6072541225

Tax Period

2024-01-01 to 2024-12-31

BOYCE THOMPSON INSTITUTE FOR PLANT RESEARCH INC, founded in 1924, is a mid-sized nonprofit in the Science & Technology sector that reported $15.5M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $18.0M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE BOYCE THOMPSON INSTITUTE FOR PLANT RESEARCH, INC. (BTI) STRIVES TO BE A WORLD LEADER IN PLANT SCIENCE RESEARCH. BTI WAS FOUNDED BY WILLIAM BOYCE THOMPSON OUT OF A CONVICTION THAT "ANY PRINCIPLES CONCERNING THE NATURE OF LIFE THAT YOU CAN ESTABLISH FOR PLANTS WILL HELP YOU UNDERSTAND MAN, IN HEALTH AND DISEASE." HE ALSO SAW PLANT SCIENCE AS A MEANS OF ENDING HUNGER, THUS ULTIMATELY PROMOTING DEMOCRACY AND POLITICAL STABILITY. BTI ENVISIONS A WORLD IN WHICH NUTRITIOUS FOOD IS IN ABUNDANCE, THE ENVIRONMENT IS SECURE, AND PEOPLE LIVE FULLER, HEALTHIER LIVES. THIS VISION CAN BE REALIZED IN PART THROUGH THE STUDY OF PLANTS FOR THE BENEFIT OF PEOPLE AND THE ENVIRONMENT, CONCENTRATING PARTICULARLY ON PLANT DEVELOPMENT, MOLECULAR INTERACTIONS BETWEEN PLANTS AND MICROBES, AND MOLECULAR AND CHEMICAL ECOLOGY.

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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 $13,108,061

Program Service Revenue $0

Investment Income $1,819,329

Other Revenue $613,545

TOTAL REVENUE $15,540,935

Expense Breakdown

Grants Paid $949,270

Salaries & Benefits $10,472,683

Fundraising Expenses $314,282

Program Expenses $14,062,394

Other Expenses $6,568,672

TOTAL EXPENSES $17,990,625

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,540,935	$12,819,530	+0.2%
Expenses	$17,990,625	$21,775,037	-0.2%
Net Income	$-2,449,690	$-8,955,507	-0.7%

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

140

Volunteers

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

$647,156

Total Directors

$221,661

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN HOULTON	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE MCCOMAS	DIRECTOR	1.00	Director	$0	$0	$0
BRIDGET KRIEGER	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES TRAUTMANN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC LYONS	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY GALVIN	CHAIR	1.00	Officer Director	$0	$0	$0
JOCELYN ROSE	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET SMITH	DIRECTOR	1.00	Director	$0	$0	$0
LOURDES CASANOVA	DIRECTOR	1.00	Director	$0	$0	$0
IAN GAZARD	DIRECTOR	1.00	Director	$0	$0	$0
MARK NELSON	DIRECTOR	1.00	Director	$0	$0	$0
STACY KIMMEL	DIRECTOR	1.00	Director	$0	$0	$0
ROBERTO CANIZARES	DIRECTOR	1.00	Director	$0	$0	$0
PETER CORNELIUS	DIRECTOR	1.00	Director	$0	$0	$0
PAUL CHOMET	CHAIR	1.00	Officer Director	$0	$0	$0
SALLY ROCKEY	CO-VICE CHAIR	1.00	Officer Director	$0	$0	$0
MELINDA OAKES	CO-VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARY LOU GUERINOT	DIRECTOR	1.00	Director	$0	$0	$0
OLIVER SCHULZE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID STERN	PRIMARY INVESTIGATOR	40.00	Director	$190,274	$31,387	$221,661
SILVIA RESTREPO	PRESIDENT	40.00	Officer	$375,525	$19,316	$394,841
MEREDITH WILLIAMS	ASSISTANT EXECUTIVE/SECRET	40.00	Officer	$62,426	$31,052	$93,478
RYAN HILDRETH	DIRECTOR OF FINANCE/TREASU	40.00	Officer	$152,227	$6,610	$158,837
MARIA HARRISON	PRIMARY INVESTIGATOR	40.00	Highest	$277,211	$20,039	$297,250
FRANK SCHROEDER	PRIMARY INVESTIGATOR	40.00	Highest	$195,411	$16,145	$211,556
ERIC RICHARDS	PRIMARY INVESTIGATOR	40.00	Highest	$178,466	$27,156	$205,622
ZHANGJUN FEI	PRIMARY INVESTIGATOR	40.00	Highest	$252,978	$9,238	$262,216

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	$15,540,935	$17,990,625	$85,511,204	$-2,449,690
2023	$12,819,530	$21,775,037	$82,750,847	$-8,955,507
2022	$13,422,220	$21,924,107	$85,345,949	$-8,501,887
2021	$16,707,988	$18,290,743	$101,082,296	$-1,582,755
2020	$11,509,277	$17,156,223	$88,923,201	$-5,646,946
2019	$13,148,538	$18,147,418	$84,751,025	$-4,998,880
2018	$17,406,193	$19,118,708	$78,740,649	$-1,712,515

BOYCE THOMPSON INSTITUTE FOR PLANT RESEARCH INC