MICHIGAN BIOTECHNOLOGY INSTITUTE (EIN 382418381) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

DAVID WASHBURN

Phone

5173539268

Tax Period

2022-07-01 to 2023-06-30

MICHIGAN BIOTECHNOLOGY INSTITUTE, founded in 1981, is a micro nonprofit in the Education sector that reported $3K in total revenue in fiscal year 2022. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $95K exceeded revenue, resulting in a 3128% operating deficit.

Mission

BRIDGING THE GAP BETWEEN EARLY-STAGE INNOVATION AND COMMERCIAL (CONTINUED IN SCH O) APPLICATION. PARTNERING TO DE-RISK, DEVELOP AND SCALE-UP DISCOVERIES INTO COMMERCIALLY-VIABLE TECHNOLOGY PACKAGES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-40,385

Other Revenue $43,321

TOTAL REVENUE $2,936

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $94,103

Other Expenses $94,778

TOTAL EXPENSES $94,778

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,936	$47,911	-0.9%
Expenses	$94,778	$99,126	0.0%
Net Income	$-91,842	$-51,215	+0.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

$643,252

Total Directors

$643,252

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID WASHBURN	PRESIDENT & CHAIR	1.00	Officer Director	$0	$58,630	$448,827
REBEKAH SKRZYNIARZ	DIR. OF FINANCE & TREASURER	1.00	Officer Director	$0	$34,969	$194,425
ALLEN JULIAN	SECRETARY	1.00	Officer Director	$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
2024	No data	No data	No data	No data
2023	$2,936	$94,778	$626,700	$-91,842
2022	$47,911	$99,126	$718,619	$-51,215
2021	$17,281	$105,843	$770,303	$-88,562
2020	$253,225	$467,306	$861,027	$-214,081
2019	$814,106	$910,190	$1,224,594	$-96,084
2018	$696,635	$1,096,433	$1,742,415	$-399,798

MICHIGAN BIOTECHNOLOGY INSTITUTE