Public Charity

MANSFIELD BIO-INCUBATOR INC

MANSFIELD BIO-INCUBATOR INC, of MANSFIELD, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.6M in revenue, $1.5M in expenses, $7.1M in total assets. 5 publicly reported grants to this organization, totaling roughly $4.0M, appear in IRS filings.

EIN: 471570605 MANSFIELD, MA Management & Technical Assistance NTEE: U02 Latest filing: 2024
Total Revenue$1.6M
Total Expenses$1.5M
Total Assets$7.1M
Grant Records5
Funding Total$4.0M
Filing Years2019–2024

Mission

TO ASSIST IN THE GENERATION OF INNOVATIVE RESEARCH AND EDUCATION IN THE FIELDS OF BIOTECHNOLOGY, MEDICAL AND LIFE SCIENCES.

Where $100 goes at Mansfield Bio-Incubator Inc

How Mansfield Bio-Incubator Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$75 Programs the work itself
$25 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $75 for programs

$42
Rental of labatory and related space to assist in the generation of innovative research and education in the fields of biotechnology, medical and life sciences
56% of program spending
$33
Establish a life science ecosystem in southeastern massachusetts by preparing a skilled workforce for the biotech industry, through mentorship and other training programs
44% 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

2021
For grant recipient's exempt purposes
$2,000,000
2021
For grant recipient's exempt purposes
$2,000,000
2020
For grant recipient's exempt purposes
$10,000
2018
For grant recipient's exempt purposes
$10,000
2016
For grant recipient's exempt purposes
$10,000

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

Officers & Directors

CHIEF OPERATING OFFICER Alexander Margulis
DIRECTOR Richard Sousa
PRESIDENT Rustam Yukhananov
DIRECTOR Vitaly Polunovsky

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,030,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.6M $1.5M $7.1M
2023 $937K $1.3M $7.2M
2022 $1.9M $1.3M $7.7M
2020 $306K $265K $386K
2019 $310K $265K $177K

Between 2019 and 2024, reported annual revenue grew from $310K to $1.6M (+414%), with total assets most recently reported at $7.1M.

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

See the full picture for MANSFIELD BIO-INCUBATOR INC

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