MONROE, LA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BIOMEDICAL RESEARCH AND INNOVATION PARK, founded in 2021, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2025. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.1M, a strong 95% operating margin.
The mission of the Biomedical Research and Innovation Park is to stimulate the establishment and growth of biotechnology start-up companies and other technology-based businesses. By fulfilling this mission, The Biomedical Research and Innovation Park will contribute to advances in health care, rural health care, public health, biotechnology as well as job creation and enhanced economic health to the region. The Biomedical Research and Innovation Park will be an integral part of the vision of the University of Louisiana at Monroe, Edward Via College of Osteopathic Medicine and the economic development vision of the region as well as facilitating technology transfer and commercialization by the faculty and researchers at area universities and colleges.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $2,184,324 | $3,765,222 | -0.4% |
| Expenses | $102,791 | $104,112 | 0.0% |
| Net Income | $2,081,533 | $3,661,110 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOE HOLYFIELD | Chairman | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| JADE WEST | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN NICHOLSON | Secretary/Treas | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| VIRENDRA CHHIKARA | Executive Dir. | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR CARRIE CASTILLE | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| ARTHUR COOPER | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,184,324 | $102,791 | $9,389,186 | $2,081,533 |
| 2024 | No data | No data | No data | No data |
| 2023 | $211,934 | $123,739 | $3,082,758 | $88,195 |
| 2022 | $2,050,000 | $128,391 | $2,986,688 | $1,921,609 |
| 2021 | $1,152,000 | $95,921 | $1,056,079 | $1,056,079 |
Compare BIOMEDICAL RESEARCH AND INNOVATION PARK with other nonprofits in Louisiana and across the country.