Overview
What is The Biophysical Society?
The Biophysical Society, identified as BPS, is a distinguished nonprofit organization situated in Rockville, Maryland. With a team of 20 dedicated individuals, their primary mission is to spearhead an innovative global community, bridging the gap between the physical and life sciences across various complexity levels. This mission aims to harness the full potential of biophysics to expand knowledge, enhance human wellbeing, and preserve the planet for future generations. Their annual meeting serves as a platform for sharing information and research in the biophysical sciences.
Official website here: www.biophysics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars
The Biophysical Society received a one-star rating from Charity Navigator, indicating significant concerns regarding its overall financial health and transparency. With an overall score of 56%, the organization demonstrates strengths in governance, as indicated by its fully independent board and robust compliance with various policies, such as conflict of interest and whistleblower protections.
However, critical weaknesses were noted in financial management, particularly the low program expense ratio of 48.75%, suggesting that less than half of its expenditures are directed toward its stated mission. Additionally, the organization received a score of zero for missing financial statements on its website, which raises transparency issues and could hinder trust among donors and stakeholders.
Overall, while The Biophysical Society has established strong governance protocols, its financial accountability and transparency require significant improvement to bolster its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Biophysical Society legitimate?
The Biophysical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Biophysical Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $376,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,556,871
For more financial information, click here
Official website here: www.biophysics.org
What is the mission statement of The Biophysical Society?
The Biophysical Society's mission statement is geared towards leading an innovative global community, bridging the gap between the physical and life sciences at various levels of complexity. Their aim is to fully utilize the potential of biophysics to advance knowledge, improve the human condition, and preserve the planet for future generations. The society facilitates the exchange of information and research in the biophysical sciences through their annual meeting.
Official website here: www.biophysics.org
What is the revenue of The Biophysical Society?
The Biophysical Society's revenue in 2023 was $4,861,761.
Official website here: www.biophysics.org
Who are the executives of The Biophysical Society and what are their salaries?
The average compensation at The Biophysical Society during 2023 was $101,757. There are 19 employees and 100 volunteers at The Biophysical Society.
Here are 27 key members and their salaries:
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- Compensation: $120,423
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- Other: $14,590
Official website here: www.biophysics.org
Where can I find the form 990 for The Biophysical Society?
The Biophysical Society's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.biophysics.org
Learn more at the official website: www.biophysics.org
Mission Statement of The Biophysical Society
The Biophysical Society, a pioneering organization, is dedicated to spearheading an innovative global community that bridges the gap between physical and life sciences, encompassing all levels of complexity. Their mission is to harness the full potential of biophysics, utilizing this interdisciplinary field to seek knowledge, improve human well-being, and safeguard the planet for future generations. By fostering collaboration and the exchange of information, The Biophysical Society aims to contribute significantly to the advancement of scientific understanding and societal progress.
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Impact
July, 2024
The Biophysical Society serves to lead an innovative global community at the interface of the physical and life sciences. It strives to harness the full potential of biophysics to seek knowledge, improve the human condition, and preserve the planet for future generations. Through activities such as its annual meeting, the society facilitates the sharing of information and research in the biophysical sciences. The impact of The Biophysical Society is evident in its commitment to advancing scientific knowledge and fostering collaboration in the field of biophysics.
This information is meant to be a general summary of The Biophysical Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $360,434
- Program Service Revenue: $4,415,758
- Gross Receipts: $14,135,917
Assets and Liabilities:
- Total Assets: $19,428,244
- Total Liabilities: $3,329,816
- Net Assets: $16,098,428
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETINGS
Revenue
$2,098,813
PUBLICATIONS
Revenue
$1,558,807
MEMBERSHIP DUES
Revenue
$625,404
SUBGROUPS
Revenue
$68,865
PUBLIC AFFAIRS
Revenue
$63,869
Organization Details
Founding Year
1959
Principal Officer
Jennifer L Pesanelli
Website
www.biophysics.orgNTEE Category
Code: U03 - Science research
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