Biotechnical Institutes Of Maryland
EIN: 522067671 · Baltimore, MD · NTEE: B30
| Metric | Value |
|---|---|
| Total Revenue | $538K |
| Total Expenses | $994K |
| Net Assets | $1.3M |
Is Biotechnical Institutes Of Maryland Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Biotechnical Institutes Of Maryland
Biotechnical Institutes Of Maryland (EIN: 522067671) is a nonprofit organization based in Baltimore, MD, classified under NTEE code B30. The organization reported total revenue of $538K and total assets of $968K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Biotechnical Institutes Of Maryland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Biotechnical Institutes Of Maryland is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $994K |
| Surplus / Deficit | +$278K |
| Total Assets | $1.5M |
| Total Liabilities | $223K |
| Net Assets | $1.3M |
| Operating Margin | 21.8% |
| Debt-to-Asset Ratio | 15.0% |
| Months of Reserves | 17.9 months |
Financial Health Grade: A
In 2023, Biotechnical Institutes Of Maryland reported a surplus of $278K with revenue exceeding expenses, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 15.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Biotechnical Institutes Of Maryland's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +2.7% | +14.9% |
| 2022 | +58.5% | +3.4% | +48.4% |
| 2021 | -20.7% | +15.3% | -21.6% |
| 2020 | +11.9% | -16.6% | +21.7% |
| 2019 | -5.4% | +0.3% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Biotechnical Institutes Of Maryland 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 Biotechnical Institutes Of Maryland 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $278K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.0%.
Frequently Asked Questions about Biotechnical Institutes Of Maryland
Is Biotechnical Institutes Of Maryland a legitimate charity?
Based on AI analysis of IRS 990 filings, Biotechnical Institutes Of Maryland (EIN: 522067671) insufficient data. 0 red flags identified, 0 strengths noted.
How does Biotechnical Institutes Of Maryland spend its money?
Detailed spending breakdown data is not yet available for Biotechnical Institutes Of Maryland. Check back for updated IRS 990 analysis.
Are donations to Biotechnical Institutes Of Maryland tax-deductible?
Biotechnical Institutes Of Maryland is registered as a tax-exempt nonprofit (EIN: 522067671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Biotechnical Institutes Of Maryland located?
Biotechnical Institutes Of Maryland is headquartered in Baltimore, Maryland and files with the IRS under EIN 522067671. It is classified under NTEE code B30.
How many years of IRS 990 filings does Biotechnical Institutes Of Maryland have?
Biotechnical Institutes Of Maryland has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $538K in total revenue.
Filing History
IRS 990 filing history for Biotechnical Institutes Of Maryland showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Biotechnical Institutes Of Maryland's revenue has grown by 80.4%, moving from $705K to $1.3M. Total assets increased by 260.8% over the same period, from $411K to $1.5M. Total functional expenses rose by 40.3%, from $708K to $994K. In its most recent filing year (2023), Biotechnical Institutes Of Maryland reported a surplus of $278K, with revenue exceeding expenses. The organization holds $223K in liabilities against $1.5M in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $994K | $1.5M | $223K | — | View 990 |
| 2022 | $1.2M | $968K | $1.3M | $307K | — | View 990 |
| 2021 | $730K | $936K | $870K | $76K | — | View 990 |
| 2020 | $922K | $812K | $1.1M | $110K | — | View 990 |
| 2019 | $824K | $974K | $912K | $21K | — | View 990 |
| 2018 | $871K | $971K | $1.1M | $22K | — | View 990 |
| 2017 | $799K | $815K | $1.2M | $24K | — | View 990 |
| 2016 | $1.0M | $752K | $1.2M | $29K | — | View 990 |
| 2015 | $1.3M | $925K | $1.1M | $152K | — | View 990 |
| 2014 | $898K | $796K | $568K | $8K | — | View 990 |
| 2013 | $957K | $849K | $625K | $167K | — | View 990 |
| 2012 | $872K | $815K | $574K | $224K | — | View 990 |
| 2011 | $705K | $708K | $411K | $118K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $994K, and assets of $1.5M (revenue +9.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $968K, and assets of $1.3M (revenue +58.5% year-over-year).
- 2021: Revenue of $730K, expenses of $936K, and assets of $870K (revenue -20.7% year-over-year).
- 2020: Revenue of $922K, expenses of $812K, and assets of $1.1M (revenue +11.9% year-over-year).
- 2019: Revenue of $824K, expenses of $974K, and assets of $912K (revenue -5.4% year-over-year).
- 2018: Revenue of $871K, expenses of $971K, and assets of $1.1M (revenue +9.0% year-over-year).
- 2017: Revenue of $799K, expenses of $815K, and assets of $1.2M (revenue -20.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $752K, and assets of $1.2M (revenue -21.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $925K, and assets of $1.1M (revenue +41.9% year-over-year).
- 2014: Revenue of $898K, expenses of $796K, and assets of $568K (revenue -6.2% year-over-year).
- 2013: Revenue of $957K, expenses of $849K, and assets of $625K (revenue +9.8% year-over-year).
- 2012: Revenue of $872K, expenses of $815K, and assets of $574K (revenue +23.7% year-over-year).
- 2011: Revenue of $705K, expenses of $708K, and assets of $411K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Biotechnical Institutes Of Maryland:
Data Sources and Methodology
This transparency report for Biotechnical Institutes Of Maryland 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.