Biomedical Engineering Alliance & Consortium
EIN: 61630458 · Hartford, CT
| Metric | Value |
|---|---|
| Total Expenses | $207K |
| Net Assets | $82K |
Is Biomedical Engineering Alliance & Consortium Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Biomedical Engineering Alliance & Consortium
Biomedical Engineering Alliance & Consortium (EIN: 61630458) is a nonprofit organization based in Hartford, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Biomedical Engineering Alliance & Consortium's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Biomedical Engineering Alliance & Consortium is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $184K |
| Total Expenses | $207K |
| Surplus / Deficit | $-23,361 |
| Total Assets | $82K |
| Net Assets | $82K |
| Operating Margin | -12.7% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2016, Biomedical Engineering Alliance & Consortium reported a deficit of $23K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate).
Financial Trends
Over 6 years of filings (2011–2016), Biomedical Engineering Alliance & Consortium's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -70.6% | -63.0% | -27.4% |
| 2015 | +199.5% | +188.9% | +135.8% |
| 2014 | +20.3% | +25.1% | +46.6% |
| 2013 | +34.5% | -2.8% | +153.9% |
| 2012 | -16.7% | -8.5% | -69.7% |
AI Analysis Pending
AI enrichment for Biomedical Engineering Alliance & Consortium has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Biomedical Engineering Alliance & Consortium with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
Frequently Asked Questions about Biomedical Engineering Alliance & Consortium
Is Biomedical Engineering Alliance & Consortium a legitimate charity?
Biomedical Engineering Alliance & Consortium (EIN: 61630458) is a registered tax-exempt nonprofit based in Connecticut. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Biomedical Engineering Alliance & Consortium spend its money?
Biomedical Engineering Alliance & Consortium reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Biomedical Engineering Alliance & Consortium tax-deductible?
Biomedical Engineering Alliance & Consortium is registered as a tax-exempt nonprofit (EIN: 61630458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Biomedical Engineering Alliance & Consortium located?
Biomedical Engineering Alliance & Consortium is headquartered in Hartford, Connecticut and files with the IRS under EIN 61630458.
How many years of IRS 990 filings does Biomedical Engineering Alliance & Consortium have?
Biomedical Engineering Alliance & Consortium has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Biomedical Engineering Alliance & Consortium showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Biomedical Engineering Alliance & Consortium's revenue has grown by 18.6%, moving from $155K to $184K. Total assets increased by 92.9% over the same period, from $42K to $82K. Total functional expenses rose by 19%, from $174K to $207K. In its most recent filing year (2016), Biomedical Engineering Alliance & Consortium reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $184K | $207K | $82K | $0 | — | — |
| 2015 | $625K | $559K | $113K | $-31 | — | View 990 |
| 2014 | $209K | $193K | $48K | $1K | — | View 990 |
| 2013 | $174K | $155K | $33K | $2K | — | View 990 |
| 2012 | $129K | $159K | $13K | $672 | — | View 990 |
| 2011 | $155K | $174K | $42K | $119 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $184K, expenses of $207K, and assets of $82K (revenue -70.6% year-over-year).
- 2015: Revenue of $625K, expenses of $559K, and assets of $113K (revenue +199.5% year-over-year).
- 2014: Revenue of $209K, expenses of $193K, and assets of $48K (revenue +20.3% year-over-year).
- 2013: Revenue of $174K, expenses of $155K, and assets of $33K (revenue +34.5% year-over-year).
- 2012: Revenue of $129K, expenses of $159K, and assets of $13K (revenue -16.7% year-over-year).
- 2011: Revenue of $155K, expenses of $174K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Biomedical Engineering Alliance & Consortium:
Data Sources and Methodology
This transparency report for Biomedical Engineering Alliance & Consortium is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.