Bioinnovations Gateway in Salt Lake City, Utah (UT)

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Bioinnovations Gateway
Employer Identification Number (EIN)271136563
Name of OrganizationBioinnovations Gateway
In Care of NameSuzanne Winters
Address2500 South State Street Rm D224, Salt Lake City, UT 84115
Websitehttp://www.bioinnovationsgateway.org
SubsectionCharitable Organization, Educational Organization
Ruling Date02/2012
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 Period2010
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$243,321
Amount of Income$173,412
Form 990 Revenue Amount$173,412
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Vocational, Technical Schools


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Amount of income in 2010: $173,412 (it was $84,847 in 2013)
This organization: 

 $173,412
Other organizations performing similar types of work: 

 $180,438

Assets in 2010: $243,321 (it was $157,288 in 2013)
This organization: 

 $243,321
Other organizations performing similar types of work: 

 $100,732

Expenses in 2013: $81,647
Bioinnovations Gateway: 

 $81,647
Other organizations performing similar types of work: 

 $172,661

Income to expenses ratio in 2013: 2.1
Bioinnovations Gateway: 

 2.1
Other organizations performing similar types of work: 

 1.3

Grants share in income in 2013: 18.9%
This organization: 

 18.9%
Other organizations performing similar types of work: 

 47.2%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$116,614$136,643$84,847
Contributions, gifts, grants, and similar amounts received$26,000$32,809$16,000
Program service revenue including government fees and contracts$90,180$103,834$68,847
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$434$0$0
Total expenses$30,174$73,914$81,647
Total net assets$91,257$153,986$157,186
Excess/Deficit for the year$86,440$62,729$3,200
Net assets or fund balances at beginning of year$4,817$91,257$153,986
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$153,986$157,186
Balance Sheets
201120122013
Total assets$97,457$153,988$157,288
Total liabilities$6,200$2$102
Net assets or fund balances$91,257$153,986$157,186
Other Information
201120122013
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 activitiesNoNoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$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$254,024
Subtotal$254,024
Gifts, grants, contributions, and membership fees received$45,409
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$208,615
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$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$254,024
Public support$254,024
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Utah Sheet Metal Education And Training Trust2480 S 3400 W, Salt Lake Cty, UT 84119-1147UT2008-06$468,704
2Loyalist College Of Applied Arts And TechnologyBelleville On K8n 5b9, Canadainternational2014-01$55,514,601
3Pathpoint315 W Haley St Ste 102, Santa Barbara, CA 93101-8052CA2000-01$20,589,726
4Southern Nevada Culinary And Bartenders Training Fund A Trust, Solomon Mark Ex Director710 W Lake Mead Blvd, N Las Vegas, NV 89030-4067NV2001-02$9,367,340
5Indiana-Kentucky-Ohio Reg Cncil Of Crpntrs Jt Apprntc & Training Fund1095 Mariners Dr, Warsaw, IN 46582-9392IN2004-09$9,297,118
6The@booker T Washington Public Charter School For Technical Arts1346 Florida Avenue N W, Washington, DC 20009-4838DC1999-06$9,006,609
7Valley Grande Institute For Academic Studies345 S Texas Blvd, Weslaco, TX 78596-6113TX1999-08$5,722,574
8Westmed Training Inc11355 N Torrey Pines Rd, La Jolla, CA 92037-1013CA2009-10$4,181,214
9Taller San Jose801 N Broadway, Santa Ana, CA 92701-3423CA2006-09$3,817,731
10Construction Education Foundatin Inc8005 Schoon St, Anchorage, AK 99518AK2008-08$3,626,566
11Big Brothers-Big Sisters Of Utah Inc151 E 5600 S Ste 200, Salt Lake Cty, UT 84107-8150UT1978-09$1,421,098
12Iec Education Of Utah7044 S Commerce Park Dr, Midvale, UT 84047-1086UT2009-02$255,997
13Bioinnovations Gateway2500 South State Street Rm D224, Salt Lake City, UT 84115UT2012-02$173,412
14Argyle Foundation5369 W Legacy Hill Dr, West Jordan, UT 84081-4108UT2000-03$3
15Independent Film Institute Of Utah318 Chicago St, Salt Lake Cty, UT 84116-2751UT1999-02$0
16Liberty Project Incorporated250 E 600 S Apt 3, St George, UT 84770UT2013-10$0
17The Utah Partnership For Education Inc500 Huntsman Way, Salt Lake City, UT 84108UT1991-06$0
18University Impact Fund299 S Main St Fl 3, Salt Lake City, UT 84111-1919UT2012-01$0
19Utah Facilities Operation And Maintenance Association45 E State St, Farmington, UT 84025-2344UT2012-10$0
20Workforce Training & Development IncIrs, Ogden, UT 84201-0001UT2003-05$0
Number of organizations performing similar types of work
Alaska5
Alabama12
Arkansas5
Arizona18
California129
Colorado21
Connecticut7
District of Columbia10
Delaware3
Florida39
Georgia36
Hawaii5
Iowa13
Idaho14
Illinois52
Indiana29
Kansas6
Kentucky5
Louisiana22
Massachusetts21
Maryland27
Maine6
Michigan29
Minnesota15
Missouri20
Mississippi8
Montana3
North Carolina27
North Dakota3
Nebraska3
New Hampshire6
New Jersey35
New Mexico9
Nevada14
New York54
Ohio46
Oklahoma7
Oregon15
Pennsylvania42
Rhode Island3
South Carolina9
Tennessee12
Texas75
Utah11
Virginia23
Vermont4
Washington20
Wisconsin18
West Virginia3
Wyoming2
International10
Total1,011

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