Civic Intelligence

Baromedical Research Institute Ltd.

990 • Fiscal year 2016 • EIN 72-0940152

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 14, 2016

17 Carriage LaneNew Orleans, LA 70114

(504) 361-5666

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

15th percentile

-19%

Higher net margin than 15% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

9th percentile

-22%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-32%

Faster revenue growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$473,234

Down $129,665 (-22%) from 2015

Net Assets

Down

$473,234

Down $129,665 (-22%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$669,433

Down $312,922 (-32%) from 2015

Expenses

Up

$799,098

Up $247,767 (+45%) from 2015

Net Income

Down

-$129,665

Down $560,689 (-130%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $428,713Liabilities 2011: $32,246Net Assets 2011: $396,4672011Assets 2012: $289,458Liabilities 2012: $32,932Net Assets 2012: $256,5262012Assets 2013: $328,984Liabilities 2013: $32,000Net Assets 2013: $296,9842013Assets 2014: $171,940Liabilities 2014: $65Net Assets 2014: $171,8752014Assets 2015: $602,899Liabilities 2015: $0Net Assets 2015: $602,8992015Assets 2016: $473,234Liabilities 2016: $0Net Assets 2016: $473,2342016Assets 2017: $470,476Liabilities 2017: $0Net Assets 2017: $470,4762017Assets 2018: $642,589Liabilities 2018: $0Net Assets 2018: $642,5892018Assets 2019: $598,211Liabilities 2019: $0Net Assets 2019: $598,2112019Assets 2020: $994,219Liabilities 2020: $0Net Assets 2020: $994,2192020Assets 2021: $785,207Liabilities 2021: $0Net Assets 2021: $785,2072021Assets 2022: $404,641Liabilities 2022: $0Net Assets 2022: $404,6412022Assets 2023: $538,265Liabilities 2023: $0Net Assets 2023: $538,2652023Assets 2024: $206,512Liabilities 2024: $0Net Assets 2024: $206,5122024

Highlighted filing

2016

Assets$473,234
Liabilities$0
Net Assets$473,234

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $935,940Expenses 2011: $746,111Net Income 2011: $189,8292011Revenue 2012: $274,893Expenses 2012: $514,668Net Income 2012: -$239,7752012Revenue 2013: $524,294Expenses 2013: $483,836Net Income 2013: $40,4582013Revenue 2014: $348,244Expenses 2014: $499,636Net Income 2014: -$151,3922014Revenue 2015: $982,355Expenses 2015: $551,331Net Income 2015: $431,0242015Revenue 2016: $669,433Expenses 2016: $799,098Net Income 2016: -$129,6652016Revenue 2017: $814,113Expenses 2017: $816,871Net Income 2017: -$2,7582017Revenue 2018: $880,749Expenses 2018: $708,627Net Income 2018: $172,1222018Revenue 2019: $721,935Expenses 2019: $766,313Net Income 2019: -$44,3782019Revenue 2020: $1,016,757Expenses 2020: $614,033Net Income 2020: $402,7242020Revenue 2021: $215,027Expenses 2021: $430,755Net Income 2021: -$215,7282021Revenue 2022: $180,263Expenses 2022: $560,827Net Income 2022: -$380,5642022Revenue 2023: $768,776Expenses 2023: $635,152Net Income 2023: $133,6242023Revenue 2024: $79,611Expenses 2024: $411,364Net Income 2024: -$331,7532024

Highlighted filing

2016

Revenue$669,433
Expenses$799,098
Net Income-$129,665
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 14, 2016
Return Version
2015v2.0
Gross Receipts
$669,433
Mission and Program Overview

Mission

To advance hyperbaric oxygen medical research to create new treatments that will bring otherwise hopeless patients back to life and help them recover from catastrophic injuries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$526,517$403,450▼ $123,067
Land, Buildings, and Equipment, Net$44,995$38,397▼ $6,598
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$602,899$473,234▼ $129,665
Other Assets Total$31,387$31,387→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$602,899$473,234▼ $129,665
Total Net Assets Fund Balance$602,899$473,234▼ $129,665
Total Liabilities and Net Assets / Fund Balance$602,899$473,234▼ $129,665

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,976$167,857$189,833
Equipment$16,421$93,258$109,679
Other Assets Org$31,387--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Keith Van MeterPresident
Sylvia CusimanoVice President
Dr Paul G HarchDirector
Trudy LitolffSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$449,405
Program Service Revenue
$220,000
Investment Income
$28
Other Revenue
$0
All Other Contributions
$449,405
Change in Net Assets
$-129,665
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$799,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$604,053--$604,053
Travel$149,259--$149,259
Conferences and Meetings$24,047--$24,047
Depreciation Depletion$6,598--$6,598
Insurance-$1,334-$1,334
Advertising-$500-$500
Other Expenses$233$150-$150
Office Expenses-$80-$80
Total Functional Expenses$796,324$2,774$0$799,098
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Baromedical Research Institute Ltd
EIN
72-0940152
Phone
5043615666
Address
17 CARRIAGE LANE, NEW ORLEANS, LA 70114

Signing Officer

Name
Keith Van Meter
Title
President
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
La
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Yettie S Reis CPA LLC
Address
829 Asbury Dr Suite 3, Mandeville, LA 70471
Preparer
Yettie S Reis CPA
Phone
9858458861
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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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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0602899
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0473234
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt0149259
IRS990/TravelGrp/TotalAmt0149259
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0602899
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0473234
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH VAN METER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BAROMEDICAL RESEARCH INSTITUTE LTD
ReturnHeader/Filer/BusinessNameControlTxt0BARO
ReturnHeader/Filer/EIN0720940152
ReturnHeader/Filer/PhoneNum05043615666
ReturnHeader/Filer/USAddress/AddressLine1Txt017 CARRIAGE LANE
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070114
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YETTIE S REIS CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0829 Asbury Dr Suite 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mandeville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070471
ReturnHeader/PreparerPersonGrp/PhoneNum09858458861
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Yettie S Reis CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-11-14T19:09:08-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.08$0.41$0.33
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.77$0.64$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.18$0.56$0.38
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.22$0.43$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$1.02$0.61$0.40
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.72$0.77$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.88$0.71$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.81$0.82$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.67$0.80$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.98$0.55$0.43
2014Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$0.35$0.50$0.15
2013Summary only. Only limited summary data is available for this year.$0.33$0.03$0.30$0.52$0.48$0.04
2012Summary only. Only limited summary data is available for this year.$0.29$0.03$0.26$0.27$0.51$0.24
2011Summary only. Only limited summary data is available for this year.$0.43$0.03$0.40$0.94$0.75$0.19