Biologic Institute

“Expenses books, subscriptions, referen 1,340 supplies 70 telephone & telecommunication 2,141 payroll fees 70 travel 9,216 conference, convention, meeti 190 membership dues 513 other expenses 1,920 organizational (corp) exp 10 non-investment depreciation 848 total 16,318”

“Grants receivable 127,269 2,294 equipment 15,321 15,322 less accumulated depreciation 13,828 14,677 other current assets - deposits 3,497 3,497 total 132,259 6,436”

“Accounts payable and accrued expenses 10,619 2,742 federal unemployment 84 2 payroll liability 120 120”

“To conduct basic scientific research on topics relating to the origin, organization and operation of living things and their parts, and to the nature of ecosystems and environments conductive to life.”

“Dr. Axe entered into an agreement with biola university to serve as the maxwell visiting professor of molecular biology during the 2018/2019 academic year, with regular visits to campus. In august 2019, dr. Axe became the maxwell professor of molecular biology at biola, working full time on teaching and working to help build a collaborative research environment at biola that includes advanced undergraduate students. Although he no longer draws a salary from biologic institute, dr. Axe continues to serve as the director and is exploring ways in which biologic can partner with biola.”