Public Charity

MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC

Based in CAMBRIDGE, MA, MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC operates as a Public Charity. The organization reported $3.4M in revenue, $3.8M in expenses, $2.0M in total assets for fiscal year 2024. Imperigo tracks 33 reported grant relationships connected to this organization totaling approximately $2.8M.

EIN: 223799632 CAMBRIDGE, MA Adult Education NTEE: B60 Latest filing: 2024
Total Revenue$3.4M
Total Expenses$3.8M
Total Assets$2.0M
Grant Records33
Funding Total$2.8M
Filing Years2019–2024

Mission

MASSBIOED'S MISSION IS TO BUILD A SUSTAINABLE LIFE SCIENCES WORKFORCE IN THE REGION THROUGH EDUCATIONAL PROGRAMS THAT ENGAGE AND EXCITE TEACHERS, INSPIRE AND PROPEL STUDENTS, AND ILLUMINATE THE PATHWAY FROM THE CLASSROOM TO CAREER.

Where $100 goes at Massachusetts Biotechnology Education Foundation Inc

How Massachusetts Biotechnology Education Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$83 Programs the work itself
$11 Management running the organization
$6 Fundraising raising the next dollar

Inside the $83 for programs

$57
Biotalent included several different programs focused on understanding, building, and supporting workforce development and career awareness
68% of program spending
$26
The bioteach program focuses on strengthening the ability of teachers to deliver lab-centered, inquiry-based lessons in biotechnology in their classrooms
32% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$250,000
2024
IN SUPPORT OF MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION, INC. MISSION
$200,000
$56,221
$56,221
2024
BIOMANUFACTURING TECHNICIAN APPRENTICESHIP
$25,000

Showing up to 5 of 33 total records — full history available with membership.

Officers & Directors

VP OPERATIONS & WORKFORCE DEVT. Brian Souza
DIRECTOR Debbie Durso Bumpus
DIRECTOR/TREASURER Erin Colgan
DIRECTOR Heather Connor
DIRECTOR Jay Mettetal
DIRECTOR Johanna Jobin

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,722,057 21 grants
Research & Policy
$250,000 1 grant
Economic Development
$230,000 1 grant
Education
$227,500 4 grants
Unspecified
$333,875 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.4M $3.8M $2.0M
2023 $3.6M $3.5M $2.0M
2022 $3.2M $3.5M $1.9M
2020 $1.9M $3.3M $2.9M
2019 $4.3M $3.4M $4.2M

Between 2019 and 2024, reported annual revenue declined from $4.3M to $3.4M (-20%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

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