Liabilities / Assets
17th percentile
Higher debt load relative to assets than 17% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
17th percentile
Higher debt load relative to assets than 17% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
$4,579,879
No earlier filing loaded for comparison.
Net Assets
$4,511,524
No earlier filing loaded for comparison.
Liabilities
$68,355
No earlier filing loaded for comparison.
Revenue
-
No earlier filing loaded for comparison.
Expenses
$3,011,578
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
To support and operate for the exclusive benefit of purdue research foundation and purdue university to improve human health and well-being by expediting the translation of intellectual property into medical products for public benefit.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 33039 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/ActivityOrMissionDescription | 0 | The primary purpose and mission of the institute is to expedite the translation of intellectual property of Purdue Research Foundation into commercial medical products for the benefit of mankind with the intention of serving as a bridge between Purdue University PRF & industry |
| IRS990/Advertising/ProgramServices | 0 | 2000 |
| IRS990/Advertising/Total | 0 | 2000 |
| IRS990/AllOtherContributions | 0 | 7000000 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 7211 |
| IRS990/AllOtherExpenses/Total | 0 | 7211 |
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| IRS990/CashNonInterestBearing/BOY | 0 | 131647 |
| IRS990/ChangesToOrganizingDocs | 0 | true |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral | 0 | 49447 |
| IRS990/CompCurrentOfficersDirectors/ProgramServices | 0 | 445024 |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 494471 |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | true |
| IRS990/CompensationProcessOther | 0 | true |
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| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
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| IRS990/ContributionsGrantsCurrentYear | 0 | 7000000 |
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| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | false |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/ManagementAndGeneral | 0 | 4104 |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 36939 |
| IRS990/DepreciationDepletion/Total | 0 | 41043 |
| IRS990/DescribedIn501C3 | 0 | true |
| IRS990/Description | 0 | The primary purpose of the institute is to expedite the translation of intellectual property of Purdue Research Foundation into commercial medical products for the benefit of mankind the institute is intended to faciliatate and serve as a bridge bet ween Purdue University PRF and private industry in the development and refinement of concepts ideas inventions and discoveries originating in whole or part within Purdue andor the institute so as to create new medical devices medical apparatu ses phramaceuticals and treatments with the ultimate goal of improving human health and well-being for the public benefit |
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| IRS990/Expense | 0 | 2823884 |
| IRS990/FamilyOrBusinessRelationship | 0 | false |
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| IRS990/FeesForServicesAccounting/Total | 0 | 8675 |
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| IRS990/FeesForServicesInvstMgmntFees/Total | 0 | 6410 |
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| IRS990/FeesForServicesLegal/Total | 0 | 262885 |
| IRS990/FeesForServicesOther/ProgramServices | 0 | 719816 |
| IRS990/FeesForServicesOther/Total | 0 | 719816 |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 40.00 |
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| IRS990/Form990PartVIISectionA/Title | 0 | Exec Director |
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| IRS990/GrantsToDomesticOrgs/Total | 0 | 649258 |
| IRS990/GrantsToIndividuals | 0 | false |
| IRS990/GrantsToOrganizations | 0 | true |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossReceipts | 0 | 7009192 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IndependentAuditFinancialStmt | 0 | false |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/ManagementAndGeneral | 0 | 162 |
| IRS990/InformationTechnology/ProgramServices | 0 | 1460 |
| IRS990/InformationTechnology/Total | 0 | 1622 |
| IRS990/Insurance/ManagementAndGeneral | 0 | 21905 |
| IRS990/Insurance/Total | 0 | 21905 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 9192 |
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| IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome | 0 | 9192 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 9192 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 151025 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 309610 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 165049 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 158585 |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LobbyingActivities | 0 | false |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | The primary purpose and mission of the institute is to expedite the translation of intellectual property of Purdue Research Foundation into commercial medical products for the benefit of mankind with the intention of serving as a bridge between Purdue University PRF & industry |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NbrIndependentVotingMembers | 0 | 2 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 2 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 2 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 513910 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 4511524 |
| IRS990/NetUnrelatedBusinessTxblIncome | 0 | 0 |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 2 |
| IRS990/NumberIndependentVotingMembers | 0 | 2 |
| IRS990/NumberIndividualsGT100K | 0 | 2 |
| IRS990/NumberOfEmployees | 0 | 5 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/ManagementAndGeneral | 0 | 12506 |
| IRS990/Occupancy/ProgramServices | 0 | 112551 |
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| IRS990/OtherEmployeeBenefits/ManagementAndGeneral | 0 | 15669 |
| IRS990/OtherEmployeeBenefits/ProgramServices | 0 | 141011 |
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| IRS990/OtherExpensePriorYear | 0 | 1333825 |
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| IRS990/OtherExpenses/Description | 0 | Supplies |
| IRS990/OtherExpenses/Description | 1 | Research Expense |
| IRS990/OtherExpenses/Description | 2 | Dues & Subscriptions |
| IRS990/OtherExpenses/Description | 3 | Telephone |
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| IRS990/OtherExpenses/ProgramServices | 2 | 5647 |
| IRS990/OtherExpenses/ProgramServices | 3 | 7862 |
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| IRS990/OtherExpenses/Total | 1 | 15141 |
| IRS990/OtherExpenses/Total | 2 | 6274 |
| IRS990/OtherExpenses/Total | 3 | 8736 |
| IRS990/OtherLiabilities/EOY | 0 | 35316 |
| IRS990/OtherNotesLoansReceivableNet/BOY | 0 | 11675 |
| IRS990/OtherNotesLoansReceivableNet/EOY | 0 | 889993 |
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| IRS990/PartialLiquidation | 0 | false |
| IRS990/PayrollTaxes/ManagementAndGeneral | 0 | 4595 |
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| IRS990/PayrollTaxes/Total | 0 | 45955 |
| IRS990/PoliticalActivities | 0 | false |
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| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/QuidProQuoContributions | 0 | false |
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| IRS990/ReconcilationRevenueExpenses | 0 | 3997614 |
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| IRS990/ReportOtherLiabilities | 0 | true |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/Revenue | 0 | 7000000 |
| IRS990/RevenuesLessExpensesCY | 0 | 3997614 |
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| IRS990/SavingsAndTempCashInvestments/BOY | 0 | 357354 |
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| IRS990ScheduleA/SupportedOrgInformation/EIN | 0 | 356002041 |
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| IRS990ScheduleA/SupportedOrgInformation/Name/BusinessNameLine1 | 0 | Purdue University |
| IRS990ScheduleA/SupportedOrgInformation/OrganizedInUS | 0 | true |
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| IRS990ScheduleA/SupportedOrgInformation/TypeOfOrganization | 0 | Universit |
| IRS990ScheduleA/SupportingOrg509a3Type3FuncInt | 0 | X |
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| IRS990ScheduleA/WrittenIRSDetermination | 0 | X |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | true |
| IRS990ScheduleD/Equipment/BookValue | 0 | 158585 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 151025 |
| IRS990ScheduleD/Equipment/InvestmentCostOrOtherBasis | 0 | 309610 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 35316 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | Checks in Excess |
| IRS990ScheduleD/TotalOfAmounts | 0 | 35316 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 158585 |
| IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1 | 0 | 107 Grant Street |
| IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1 | 1 | Sponsored Services PO Box 22 |
| IRS990ScheduleI/RecipientTable/AddressUS/City | 0 | West Lafayette |
| IRS990ScheduleI/RecipientTable/AddressUS/City | 1 | Ithaca |
| IRS990ScheduleI/RecipientTable/AddressUS/State | 0 | IN |
| IRS990ScheduleI/RecipientTable/AddressUS/State | 1 | NY |
| IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode | 0 | 47907 |
| IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode | 1 | 14851 |
| IRS990ScheduleI/RecipientTable/AmountOfCashGrant | 0 | 507700 |
| IRS990ScheduleI/RecipientTable/AmountOfCashGrant | 1 | 141558 |
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| IRS990ScheduleI/RecipientTable/PurposeOfGrant | 0 | Development |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | Alfred Mann Institue for Biomedical Development at Purdue University Inc was reclassified by the Internal Revenue Service on Nov 4 2011 as a Type III supporting organization under section 509a3 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | The 990 will be available for the governing body to review at the next available board meeting after its completion |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | The governing body periodically reviews any potential conflict of interests that may arise |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | The governing board reviews the executive and managing directors salaries to determine if they are reasonable and comparable to other industries |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | The governing board reviews the compensation of the executive and managing director to determine if they are reasonable and comparable |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | Alfred Mann Institute for Biomedical Development at Purdue University Inc makes all governing documents and related tax forms available to the public upon request |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | 01. Organizational document changes (Part VI, line 4) |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | 02. Form 990 governing body review (Part VI, line 11) |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | 03. Conflict of interest policy compliance (Part VI, line 12c) |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | 04. CEO, executive director, top management comp (Part VI, line 15a) |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | 05. Other officer or key employee compensation (Part VI, line 15b |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | 06. Governing documents, etc, available to public (Part VI, line 19) |
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| IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs | 0 | false |
| IRS990ScheduleR/SaleOfAssetsToOtherOrg | 0 | false |
| IRS990ScheduleR/SharingOfFacilities | 0 | true |
| IRS990ScheduleR/SharingOfPaidEmployees | 0 | false |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 0 | 561791 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 1 | 6253 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 2 | 236438 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 3 | 1653 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination | 0 | Actual value |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination | 1 | 5 % of Facility fees |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination | 2 | Actual Value |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination | 3 | 5% of facility costs |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 0 | OuantIon Technologies |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 1 | QuantIon Technologies |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 2 | SpeechVive |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 3 | SpeechVive |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 0 | d |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 1 | m |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 2 | d |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 3 | m |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | IN |
| IRS990/StatesWhereCopyOfReturnIsFiled | 0 | IN |
| IRS990/TaxableDistributions | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 3515 Chancellor Way |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | West Lafayette |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | IN |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 47906 |
| IRS990/TheBooksAreInCareOf/NamePerson | 0 | John Hertig |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 7654948302 |
| IRS990/TotalAssets/BOY | 0 | 665725 |
| IRS990/TotalAssetsBOY | 0 | 665725 |
| IRS990/TotalAssets/EOY | 0 | 4579879 |
| IRS990/TotalAssetsEOY | 0 | 4579879 |
| IRS990/TotalCompGT150K | 0 | true |
| IRS990/TotalContributions | 0 | 7000000 |
| IRS990/TotalExpensesCurrentYear | 0 | 3011578 |
| IRS990/TotalExpensesPriorYear | 0 | 3150593 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 187694 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 2823884 |
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Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.