Biowell Inc (EIN 883848972) - 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

2022

Legal Domicile

Principal Officer

Veronica Breckenridge

Phone

6507964838

Tax Period

2024-01-01 to 2024-12-31

Biowell Inc, founded in 2022, is a small nonprofit in the Environment sector that reported $265K in total revenue in fiscal year 2024. Expenses of $395K exceeded revenue, resulting in a 49% operating deficit.

Mission

Biowell Inc. plans to launch an accelerator program IRBA (Industry, Research&Lab, Business Acceleration) program. This is the main program Biowell Inc. is offerring to qualify start-up that will be selected through a selection committee consists of key corporate sponsors.

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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 $264,075

Program Service Revenue $0

Investment Income $526

Other Revenue $0

TOTAL REVENUE $264,601

Expense Breakdown

Grants Paid $0

Salaries & Benefits $254,617

Fundraising Expenses $0

Program Expenses $395,454

Other Expenses $140,837

TOTAL EXPENSES $395,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$264,601	N/A	N/A
Expenses	$395,454	N/A	N/A
Net Income	$-130,853	N/A	N/A

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

N/A

Independent Members

N/A

Employees

N/A

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
Veronica Breckenridge	President	10.00	Officer	$0	$0	$0
Carlos Estrada	Secretary	40.00	Officer	$0	$0	$0
Anthony Breckenridge	Director	5.00	Director	$0	$0	$0
Paul Palmer	Executive Director	20.00	Officer	$0	$0	$0
Scott Nyquist	Director	2.00	Director	$0	$0	$0
Steve Oldham	Director	2.00	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	$264,601	$395,454	$7,466	$-130,853

Biowell Inc