Overview
What is Bio Transfer Research Foundation?
The Bio Transfer Research Foundation, situated in Mitchellville, Maryland, is a nonprofit organization dedicated to fostering scientific advancements in the field of communication and molecular information transfer within biological systems. They sponsor and fund laboratory research in this specific area, aiming to contribute to the broader understanding of these processes. Additionally, they facilitate the exchange of knowledge between researchers and the general public, promoting an open dialogue between scientific minds and laypeople.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 35%, Zero-Star out of Four Star rating.
The Bio Transfer Research Foundation has received a low rating primarily due to issues with accountability and financial practices. With an overall score of 35%, the organization lacks independent board members, which raises concerns about governance and oversight. Additionally, key policies such as conflict of interest, whistleblower, and document retention are missing, indicating a lack of transparency and adherence to standard nonprofit practices.
Despite these governance challenges, the foundation does report a program expense ratio of 100%, which suggests that all of its expenses are directed towards program activities. However, the high liabilities to assets ratio of 120.62% could pose a financial risk that needs to be addressed. The absence of a website listed on the tax form and missing documentation further diminishes trust in the organization.
In summary, while the Bio Transfer Research Foundation may be dedicated to its mission, significant weaknesses in governance, transparency, and financial health have resulted in a concerning rating from Charity Navigator. Potential donors and stakeholders should consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Bio Transfer Research Foundation legitimate?
Bio Transfer Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bio Transfer Research Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bio Transfer Research Foundation?
The Bio Transfer Research Foundation is dedicated to promoting scientific research in the field of molecular communication and information transfer within biological systems. They sponsor laboratory research in this area and actively facilitate the exchange of information between scientists and the general public, aiming to foster a better understanding of these complex processes. The foundation's mission is centered on supporting research and fostering dialogue between experts and the layman community, contributing to advancements in this field.
Who is the CEO of Bio Transfer Research Foundation?
Dimitri Viza is the President of Bio Transfer Research Foundation.
What is the revenue of Bio Transfer Research Foundation?
Bio Transfer Research Foundation's revenue in 2023 was $0.
Who are the executives of Bio Transfer Research Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bio Transfer Research Foundation?
Bio Transfer Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bio Transfer Research Foundation
Bio Transfer Research Foundation is committed to advancing scientific research in the field of molecular communication and information transfer within biological systems. The organization sponsors laboratory research in this area, aiming to delve deeper into the intricacies of these processes. Beyond research, Bio Transfer Research Foundation also fosters the exchange of knowledge between scientists and the general public. This initiative serves to bridge the gap between complex scientific concepts and laymen, promoting a better understanding of these critical biological processes.
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Impact
October, 2024
The Bio Transfer Research Foundation significantly advances scientific understanding in the communication and transfer of molecular information within biological systems. By sponsoring laboratory research, the foundation fosters innovation and discovery in this critical area of biology. Moreover, it plays a vital role in facilitating the exchange of knowledge between scientists and the general public, thereby enhancing public awareness and comprehension of complex biological processes. This dual focus not only supports cutting-edge research but also bridges the gap between scientific communities and laymen, promoting a more informed society regarding health and biological sciences. Through its efforts, the foundation nurtures advancements that could lead to impactful health solutions and improved biological communications.
This information is meant to be a general summary of Bio Transfer Research Foundation. 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.
Assets and Liabilities:
- Total Assets: $16,850
- Total Liabilities: $20,326
- Net Assets: -$3,476
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Organization Details
Founding Year
2002
Principal Officer
Dimitri Viza
Main Address
10274 Lake Arbor Way STE 206, Mitchellville, MD, 207213146
NTEE Category
Code: E20 - Health
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