BIOTECHNOLOGY INSTITUTE

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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

2002

Legal Domicile

Principal Officer

LAWRENCE MAHAN

Phone

2023129269

Tax Period

2021-01-01 to 2021-12-31

BIOTECHNOLOGY INSTITUTE, founded in 2002, is a small nonprofit in the Diseases & Disorders sector that reported $776K in total revenue in fiscal year 2021. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $264K, a strong 34% operating margin.

Mission

THE BIOTECHNOLOGY INSTITUTE HAS SET A COURSE TO BE THE RECOGNIZED LEADER IN BIOTECHNOLOGY EDUCATION AT THE NATIONAL LEVEL. ITS MISSION IS TO EDUCATE THE PUBLIC THROUGH PARTNERSHIPS WITH LOCAL, REGIONAL, STATE AND NATIONAL EDUCATIONAL INITIATIVES TO SUPPORT THE PURSUIT OF LIFELONG LEARNING ABOUT THE PROMISE, ACHIEVEMENTS AND CHALLENGES OF BIOTECHNOLOGY. THE FOCUS IS ACTIVE SUPPORT FOR TEACHERS AND STUDENTS, ESPECIALLY IN THE UNITED STATES, TO PURSUE STUDIES, TRAINING, AND CAREERS IN BIOTECHNOLOGY FROM PRE-COLLEGE THROUGH GRADUATE YEARS.

Program Service Accomplishments

Program 1

Expenses: $412,525

NETWORK BY WORKING WITH AND THROUGH STATE ORGANIZATIONS, HAS HAD GREAT SUCCESS. THE RESULT OF OUR PARTNERSHIPS HAS BEEN A DRAMATIC INCREASE IN THE NUMBER OF BIOGENEIUS PARTICIPANTS. THE 2021...

NETWORK BY WORKING WITH AND THROUGH STATE ORGANIZATIONS, HAS HAD GREAT SUCCESS. THE RESULT OF OUR PARTNERSHIPS HAS BEEN A DRAMATIC INCREASE IN THE NUMBER OF BIOGENEIUS PARTICIPANTS. THE 2021 INTERNATIONAL EVENTS TOOK PLACE IN CONJUNCTION WITH THE BIO INTERNATIONAL CONVENTION (JUNE 10-18, 2021, VIRTUAL PLATFORM). WE HAD GREAT SUCCESS PROVIDING VIRTUAL SCIENCE COURSES TO ELEMENTARY AND MIDDLE SCHOOL STUDENTS FROM UNDER RESOURCED POPULATIONS DURING THE PANDEMIC.

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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 (2021)

Revenue Breakdown

Contributions & Grants $775,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $775,500

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $328,397

Fundraising Expenses $9,994

Program Expenses $412,525

Other Expenses $175,369

TOTAL EXPENSES $511,266

Year-over-Year Comparison

	2021	2020	Change
Revenue	$775,500	$425,000	+0.8%
Expenses	$511,266	$303,325	+0.7%
Net Income	$264,234	$121,675	+1.2%

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

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 GREENWOOD	CHAIRMAN	4.00	Officer Director	$0	$0	$0
HEIDI JARVIS GRIMES	TREASURER	4.00	Officer Director	$0	$0	$0
LECIA BROWN	BOARD MEMBER	4.00	Director	$0	$0	$0
LAWRENCE MAHAN	PRESIDENT	30.00	Officer	$0	$0	$0

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
2021	$775,500	$511,266	$332,875	$264,234
2020	$425,000	$303,325	$92,812	$121,675
2019	$550,000	$492,465	$105,674	$57,535
2018	$500,000	$537,538	$68,180	$-37,538