Liabilities / Assets
17th percentile
Higher debt load relative to assets than 17% of similar nonprofits.
EIN 04-2688181 • 501(c)6 • Washington, DC
Profile
ON BEHALF OF THE BIOMEDICAL RESEARCH COMMUNITY, THE NATIONAL ASSOCIATION FOR BIOMEDICAL RESEARCH ADVOCATES FOR SOUND PUBLIC POLICY IN SUPPORT OF ETHICAL AND ESSENTIAL ANIMAL RESEARCH.
Refreshing map…
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
17th percentile
Higher debt load relative to assets than 17% of similar nonprofits.
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
18th percentile
Higher top officer pay than 18% of similar nonprofits.
Top officer pay equals 8.8% of source-year revenue.
Asset Growth
60th percentile
Faster asset growth than 60% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Assets
Up$20,647,957
Up $1,470,624 (+7.7%) from 2023
Liabilities
Up$961,063
Up $829,600 (+631%) from 2023
Net Assets
Up$19,686,894
Up $641,024 (+3.4%) from 2023
Revenue
Down$2,083,225
Down $616,282 (-23%) from 2023
Expenses
Up$2,751,328
Up $1,214,524 (+79%) from 2023
Net Income
Down-$668,103
Down $1,830,806 (-157%) from 2023
Most recent year
2024 • Form 990Summary only. Only limited summary data is available for this year.
On behalf of the biomedical research community, the national association for biomedical research advocates for sound public policy in support of ethical and essential animal research.
To represent member institutions in national policy affecting the humane and responsible use of lab animals in biomedical research.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $16,816,429 | $17,522,164 | ▲ $705,735 |
| Savings and Temporary Cash Investments | $2,016,546 | $2,258,273 | ▲ $241,727 |
| Cash and Non-Interest-Bearing Accounts | $101,220 | - | - |
| Land, Buildings, and Equipment, Net | $24,302 | $9,476 | ▼ $14,826 |
| Total Assets | $19,182,475 | $20,647,957 | ▲ $1,465,482 |
| Other Assets Total | $223,978 | $858,044 | ▲ $634,066 |
| Liabilities | |||
| Other Liabilities | $13,927 | $876,738 | ▲ $862,811 |
| Accounts Payable and Accrued Expenses | $119,299 | $84,325 | ▼ $34,974 |
| Total Liabilities | $133,226 | $961,063 | ▲ $827,837 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $19,049,249 | $19,686,894 | ▲ $637,645 |
| Total Net Assets Fund Balance | $19,049,249 | $19,686,894 | ▲ $637,645 |
| Total Liabilities and Net Assets / Fund Balance | $19,182,475 | $20,647,957 | ▲ $1,465,482 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $9,476 | $67,503 | $76,979 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Matthew Bailey | President | FT | $182,761 | $182,761 |
| Name | Title |
|---|---|
| Ross Mckinney | Chairman |
| Donna J Clemons | Vice Chairman |
| Ara Tahmassian Phd | Board Member |
| Boris Predovich | Board Member |
| Brian F Corning | Board Member |
| Donna Matthews Jarrell | Board Member |
| Gary L Borkowski | Board Member |
| John Bradfield | Board Member |
| Jon C Mirsalisphd | Board Member |
| Joyce Cohen | Board Member |
| Kevin Mcnelly | Board Member |
| Marina Emborg Md Phd | Board Member |
| Nancy Haigwood Phd | Board Member |
| Sangeeta Panicker | Board Member |
| Stephen Heinig | Board Member |
| Valerie Bergdall | Board Member |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,206,790 |
| Salaries, Compensation, and Employee Benefits | $544,538 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Legal | $1,608,747 | - | - | $1,608,747 |
| Other Salaries and Wages | $275,371 | $129,587 | - | $404,958 |
| Occupancy | $154,318 | $72,620 | - | $226,938 |
| Fees for Services Other | $62,526 | $32,339 | - | $94,865 |
| Pension Plan Contributions | $42,272 | $19,892 | - | $62,164 |
| Other Employee Benefits | $34,538 | $16,253 | - | $50,791 |
| Conferences and Meetings | $32,685 | $15,381 | - | $48,066 |
| Fees for Services Accounting | - | $42,912 | - | $42,912 |
| Insurance | $24,312 | $11,441 | - | $35,753 |
| Information Technology | $21,847 | $10,281 | - | $32,128 |
| Payroll Taxes | $18,105 | $8,520 | - | $26,625 |
| Fees for Services Lobbying | $25,000 | - | - | $25,000 |
| Advertising | $7,297 | $3,434 | - | $10,731 |
| Depreciation Depletion | $2,703 | $1,273 | - | $3,976 |
| Office Expenses | $1,985 | $934 | - | $2,919 |
| Other Expenses | $2,122 | $1,415 | - | $1,415 |
| Total Functional Expenses | $2,361,577 | $389,751 | $0 | $2,751,328 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Amount |
|---|---|
| Current Year Nondeductible Lobbying and Political Cost | $25,000 |
| Total Nondeductible Lobbying and Political Cost | $25,000 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Matthew Bailey | President of Foundation for Biomedical Research From 1/1/17 to Present | - | No | - |
| Liability | Amount |
|---|---|
| Long Term Lease Liabilities | $852,967 |
| Short Term Lease Liabilities | $23,771 |
“Article ii, section 1 of the association's bylaws states that membership in the association shall be open to all qualified institutions or organizations interested in promoting the purposes and objectives of the association.”
“Form 990 is reviewed and approved at the next scheduled board meeting after return is issued. Organization keeps a public copy available at its headquarters of: (1) form 990 for three (3) years after the form was required to be filed or, if later, when it was actually filed, and (2) its form 990-t for the same three (3) year period, when required to file.”
“The organization makes all of its forms available upon written request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | TO REPRESENT MEMBER INSTITUTIONS IN NATIONAL POLICY AFFECTING THE HUMANE AND RESPONSIBLE USE OF LAB ANIMALS IN BIOMEDICAL RESEARCH. |
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| IRS990/Desc | 0 | GOVERNMENT AND CONGRESSIONAL RELATIONS PROGRAM COMMUNICATES THE IMPORTANCE OF ANIMAL RESEARCH AND THE APPROPRIATE CARE AND TREATMENT OF LAB ANIMALS TO THE U.S. CONGRESS. |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 16 |
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| IRS990/GrantsToOrganizationsInd | 0 | 0 |
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| IRS990/GrossReceiptsAmt | 0 | 6602730 |
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| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 24312 |
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| IRS990/MissionDesc | 0 | ON BEHALF OF THE BIOMEDICAL RESEARCH COMMUNITY, THE NATIONAL ASSOCIATION FOR BIOMEDICAL RESEARCH ADVOCATES FOR SOUND PUBLIC POLICY IN SUPPORT OF ETHICAL AND ESSENTIAL ANIMAL RESEARCH. |
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| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 19049249 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 19686894 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -236832 |
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| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1985 |
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| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 16253 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 34538 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 50791 |
| IRS990/OtherExpensesGrp/Desc | 0 | DUES, SUBSCRIPTIONS & B |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK & CREDIT CARD FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 3 | TAXES-OTHER |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 5569 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 999 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 1415 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 11834 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2122 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 52816 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 17403 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3121 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1415 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 13927 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 876738 |
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| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER INCOME |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 26625 |
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| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 62164 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | MATTHEW R BAILEY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MEMBER DUES |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | MEMBER SERVICES PROVIDES INFORMATION AND CONSULTATION TO MEMBERS REGARDING STATE AND LOCAL ISSUES RELATED TO LABORATORY ANIMALS. IT ANALYZES, MONITORS, AND REPORTS TO THE MEMBERSHIP REGARDING LEGISLATION AND REGULATIONS DEALING WITH RESEARCH ANIMALS AT THE FEDERAL, STATE, AND INTERNATIONAL LEVEL. |
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| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
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| IRS990/PYOtherRevenueAmt | 0 | 0 |
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| IRS990/PYTotalExpensesAmt | 0 | 1536804 |
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| IRS990/PYTotalRevenueAmt | 0 | 2699507 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -668103 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2258273 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
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| IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt | 0 | 25000 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 0 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 23771 |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SHORT TERM LEASE LIABILITIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LONG TERM LEASE LIABILITIES |
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| IRS990/ScheduleJRequiredInd | 0 | 1 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | MATTHEW BAILEY |
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| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | MATTHEW BAILEY |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | PRESIDENT OF FOUNDATION FOR BIOMEDICAL RESEARCH FROM 1/1/17 TO PRESENT |
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| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ARTICLE II, SECTION 1 OF THE ASSOCIATION'S BYLAWS STATES THAT MEMBERSHIP IN THE ASSOCIATION SHALL BE OPEN TO ALL QUALIFIED INSTITUTIONS OR ORGANIZATIONS INTERESTED IN PROMOTING THE PURPOSES AND OBJECTIVES OF THE ASSOCIATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990 IS REVIEWED AND APPROVED AT THE NEXT SCHEDULED BOARD MEETING AFTER RETURN IS ISSUED. ORGANIZATION KEEPS A PUBLIC COPY AVAILABLE AT ITS HEADQUARTERS OF: (1) FORM 990 FOR THREE (3) YEARS AFTER THE FORM WAS REQUIRED TO BE FILED OR, IF LATER, WHEN IT WAS ACTUALLY FILED, AND (2) ITS FORM 990-T FOR THE SAME THREE (3) YEAR PERIOD, WHEN REQUIRED TO FILE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION MAKES ALL OF ITS FORMS AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | FOUNDATION FOR BIOMEDICAL RESEARCH |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 042746997 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | DC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | HUMANE USE OF ANIMALS IN RESEARCH |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 7 |
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