Massachusetts Biomedical Initiatives
Worcester, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,363,451↑34% | $3,568,461↑5% | $29,972,322↑26% | — |
| 2022 | $4,750,848↑10% | $3,413,396↑19% | $23,711,563↑28% | — |
| 2021 | $4,335,258↓27% | $2,865,540↑29% | $18,513,088↑6% | — |
| 2020 | $5,958,843↑112% | $2,219,087↑19% | $17,539,609↑37% | — |
| 2019 | $2,816,957↑62% | $1,863,460↑13% | $12,838,674↑25% | — |
| 2018 | $1,742,894↓7% | $1,646,142↑3% | $10,303,267↓10% | — |
| 2017 | $1,874,668↑6% | $1,605,347↓5% | $11,429,133↑11% | — |
| 2016 | $1,776,600↑12% | $1,693,667 | $10,282,839↓1% | — |
| 2015 | $1,591,853↓24% | $1,688,122↓7% | $10,354,865↓4% | — |
| 2014 | $2,084,387↑6% | $1,814,012 | $10,807,222 | — |
| 2013 | $1,970,342↑9% | $1,819,445↑36% | $10,803,778 | — |
| 2012 | $1,812,037↑31% | $1,337,702↓19% | $10,841,132↑10% | — |
| 2011 | $1,385,950 | $1,647,069 | $9,825,693 | — |
Frequently Asked Questions
What does Massachusetts Biomedical Initiatives do?▼
Massachusetts Biomedical Initiatives is a science & technology nonprofit organization based in Massachusetts. It is classified under NTEE code U500 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Massachusetts Biomedical Initiatives financially healthy?▼
Based on our 9-metric Financial Health Score model, Massachusetts Biomedical Initiatives has a score of 86/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Massachusetts Biomedical Initiatives generate?▼
Massachusetts Biomedical Initiatives reports $5.3M in annual revenue and holds $31.3M in total assets, based on IRS filings.
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