Biofoundation For Angiogenesis Research And Development in New York, New York (NY)

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Biofoundation For Angiogenesis Research And Development
Employer Identification Number (EIN)316670928
Name of OrganizationBiofoundation For Angiogenesis Research And Development
In Care of NameROBERT L BARD MD
AddressC/O Robert L Bard Md Pc 121 E60th St No 6a, New York, NY 10022
WebsiteN/A
SubsectionScientific Organization
Ruling Date12/2001
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2011
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$6,474
Amount of Income$9,900
Form 990 Revenue Amount$9,900
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Adult, Continuing Education


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Amount of income in 2011: $9,900 (it was $9,900 in 2013)
This organization: 

 $9,900
Other organizations performing similar types of work: 

 $80,291

Assets in 2011: $6,474 (it was $6,474 in 2013)
Biofoundation For Angiogenesis Research And Development: 

 $6,474
Other organizations performing similar types of work: 

 $37,351

Expenses in 2013: $81,333
This organization: 

 $81,333
Other organizations performing similar types of work: 

 $69,433

Income to expenses ratio in 2013: 0.1
This organization: 

 0.1
Other organizations performing similar types of work: 

 0.9

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 33.2%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$96,650$9,900
Contributions, gifts, grants, and similar amounts received$96,650$9,900
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$19,222$81,333
Total net assets$77,107$5,674
Excess/Deficit for the year$77,428$-71,433
Net assets or fund balances at beginning of year$0$77,107
Other changes in net assets or fund balances$-321$0
Net assets or fund balances at end of year$77,107$5,674
Balance Sheets
20122013
Total assets$77,907$6,474
Total liabilities$800$800
Net assets or fund balances$77,107$5,674
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoYes
Total amount involved$0$1,699
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$56,723
Subtotal$137,973
Gifts, grants, contributions, and membership fees received$137,973
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$81,250
Amounts received from disqualified persons$81,250
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$137,973
Public support$137,973
Subtotal$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
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3Utilities Telecommunications And Energy Coalition Of Wv IncPo Box 11630, Charleston, WV 25339-1630WV2008-07$30,750
4Workforce Development Institute Inc96 S Swan St, Albany, NY 12210-1939NY2004-07$4,102,489
5Kivunim, Geffen Peter A Gen Ptr300 Central Park W Apt 12j2, New York, NY 10024-1593NY2009-02$3,170,888
6Schonowe Preschool590 Giffords Church Rd, Schenectady, NY 12306-5313NY1996-12$1,982,949
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18Ser Of Westchester Inc, Westchester Inc76 Mamaroneck Avenue, White Plains, NY 10601-4217NY1997-12$169,688
19Alternative Education Resource Organization Inc417 Roslyn Road, Roslyn Heights, NY 11577NY2011-01$168,561
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Number of organizations performing similar types of work
Alaska16
Alabama64
Arkansas32
Arizona83
California551
Colorado121
Connecticut57
District of Columbia61
Delaware18
Florida294
Georgia194
Hawaii31
Iowa35
Idaho19
Illinois183
Indiana107
Kansas32
Kentucky55
Louisiana65
Massachusetts139
Maryland119
Maine33
Michigan149
Minnesota85
Missouri93
Mississippi34
Montana22
North Carolina133
North Dakota9
Nebraska16
New Hampshire23
New Jersey117
New Mexico70
Nevada45
New York277
Ohio148
Oklahoma38
Oregon84
Pennsylvania156
Rhode Island25
South Carolina60
South Dakota7
Tennessee120
Texas360
Utah27
Virginia145
Vermont24
Washington101
Wisconsin78
West Virginia27
Wyoming12
International17
Total4,811

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