Overview
What is Biogenerator?
Biogenerator is a nonprofit organization situated in St. Louis, Missouri, with a mission to foster St. Louis's prosperity by nurturing a thriving biosciences sector. They achieve this by developing and investing in a robust pipeline of successful bioscience companies and entrepreneurs. As part of its proof-of-concept purpose, Biogenerator provides guidance and support to organizations that align with its exempt purpose, assisting with business strategies, presentations, fundraising, corporate partnerships, and financial projections. In 2022, Biogenerator funded services to 20 new companies.
Official website here: www.biogenerator.org
What are the reviews and ratings of this charity?
Biogenerator has received a Three-Star out of Four Star rating from Charity Navigator with an overall score of 81%, based solely on its Accountability & Finance metrics. This score indicates a solid commitment to financial health, efficiency, and transparency. The organization excels in financial efficiency as evidenced by their clean audit results and the absence of any material diversion of assets, demonstrating sound fiscal management.
The nonprofit's financial metrics are notably strong, with a Program Expense Ratio of 87.22%, highlighting that a significant portion of its expenses are dedicated to its program services. Despite its efficiency, the organization loses points on governance due to a lack of independent board members, affecting its overall accountability score. Nevertheless, Biogenerator maintains a whistleblower policy, conflict of interest policy, and appropriately documents board meeting minutes.
This organization is classified as one which receives significant support from governmental units or the public and operates independently. However, no user reviews are available from GreatNonprofits, and while Biogenerator has commendable financial practices, the absence of board independence and missing tax form posting may invite considerations for further governance improvements.
This AI summary has been generated from information found on Charity Navigator.
Is Biogenerator legitimate?
Biogenerator is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biogenerator 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: $390,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,819,094
For more financial information, click here
Official website here: www.biogenerator.org
What is the mission statement of Biogenerator?
Biogenerator's mission is to enhance regional prosperity by fostering a vibrant biosciences sector. To achieve this goal, Biogenerator actively works on developing a robust pipeline of successful bioscience companies and entrepreneurs. This is accomplished by providing guidance and feedback on business strategies, presentations, business plans, fundraising strategies, corporate partner negotiations, and introducing companies to high-quality professional service providers. In addition, Biogenerator assists in preparing financial projections, budgets, and timelines. In 2022, Biogenerator funded services for 20 new companies.
Official website here: www.biogenerator.org
Who is the CEO of Biogenerator?
Christina Green is the Board Member/Chair/Sec/Treasurer of Biogenerator.
Official website here: www.biogenerator.org
What is the revenue of Biogenerator?
Biogenerator's revenue in 2022 was $11,680,607.
Official website here: www.biogenerator.org
Who are the executives of Biogenerator and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $573,875
- Other: $130,872
- Compensation: $0
- Related: $309,036
- Other: $81,704
- Compensation: $0
- Related: $279,544
- Other: $55,973
- Compensation: $0
- Related: $211,159
- Other: $42,683
- Compensation: $0
- Related: $176,346
- Other: $49,826
- Compensation: $0
- Related: $166,667
- Other: $46,019
- Compensation: $0
- Related: $159,900
- Other: $43,500
Official website here: www.biogenerator.org
Where can I find the form 990 for Biogenerator?
Biogenerator's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.biogenerator.org
Learn more at the official website: www.biogenerator.org
Mission Statement of Biogenerator
Biogenerator, a nonprofit organization, is dedicated to enhancing the regional prosperity of a specific area by fostering a vibrant biosciences sector. To achieve this mission, Biogenerator actively works towards producing a robust pipeline of successful bioscience companies and entrepreneurs in the region. This is accomplished by offering guidance, feedback, and resources to organizations that align with Biogenerator's exempt purpose. This assistance encompasses strategies for business development, presentations, business plans, fundraising, negotiations with potential corporate partners, and the preparation of financial projections, budgets, and timelines. In 2022 alone, Biogenerator funded services for 20 new companies, demonstrating its significant impact on the local biosciences sector.
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Impact
July, 2024
Biogenerator's impact lies in advancing St. Louis' regional prosperity by cultivating a thriving biosciences sector. Through building and investing in a robust pipeline of successful bioscience companies and entrepreneurs, Biogenerator plays a vital role in fostering innovation, economic growth, and job creation within the region. Its efforts in assisting the development of bioscience organizations, providing guidance on business strategies, fundraising, and corporate partnerships, as well as offering financial support and professional services, contribute significantly to the growth and success of the bioscience industry in St. Louis. By funding services to numerous new companies each year, Biogenerator is instrumental in fueling the expansion and impact of the biosciences sector, ultimately driving economic development and prosperity in the region.
This information is meant to be a general summary of Biogenerator. 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 2022.
- Investment Income: $3,660,672
- Program Service Revenue: $716,595
- Gross Receipts: $14,020,077
Assets and Liabilities:
- Total Assets: $19,077,646
- Total Liabilities: $0
- Net Assets: $19,077,646
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAB RENT REVENUE
Revenue
$619,534
ZURHEIDE AND NORTH LOT
Revenue
$43,850
CORTEX LOT AND PARKING
Revenue
$30,145
LICENSE FEE REVENUE
Revenue
$23,066
Organization Details
Founding Year
2002
Phone
(314) 615-6355Principal Officer
Christina Green
Main Address
4340 DUNCAN 100, ST LOUIS, MO, 63110
Website
www.biogenerator.orgNTEE Category
Code: U50 - Science research
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