Bio-medical Institute is a 501(c)(3) organization based in Lewisville, Texas, registered in 1973, with -$4,351 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
-$4,351
▼ 225.0% vs prior year
Expenses (FY2023)
$7,132
Net assets
$64K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bio-medical Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bio-medical Institute: 107 mo reserves · -264% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bio-medical Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bio-medical Institute: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $2,722 (FY2015) to -$4,351 (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-263.9%
Spent more than it raised in the latest fiscal year.
Total assets
$64K
Total liabilities
$0
Net assets
$64K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | -$4,351▼225% | $7,132▲239% | $63,662▼15.3% | $63,662▼15.3% | 990PF |
| 2022 | $3,482▲2.4% | $2,101▼3.5% | $75,145▲1.9% | $75,145▲1.9% | 990PF |
| 2021 | $3,401▲2.8% | $2,178▼35.3% | $73,764▲1.7% | $73,764▲1.7% | 990PF |
| 2020 | $3,309▲1.0% | $3,367▼7.7% | $72,541▼0.1% | $72,541▼0.1% | 990PF |
| 2019 | $3,275▼7.3% | $3,648▲73.5% | $72,599▼0.5% | $72,599▼0.5% | 990PF |
| 2018 | $3,532▲68.0% | $2,102▲15.9% | $72,972▲2.0% | $72,972▲2.0% | 990PF |
| 2017 | $2,102▲3.0% | $1,813▼26.0% | $71,542▲0.4% | $71,542▲0.4% | 990PF |
| 2016 | $2,040▼25.1% | $2,449▼16.9% | $71,252▼0.6% | $71,252▼0.6% | 990PF |
| 2015 | $2,722 | $2,947▲1.4% | $71,661▼7.4% | $71,661▼7.4% | 990PF |
| 2011 | — | $2,905 | $77,401 | $77,401 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Bio-medical Institute (EIN 23-7259889) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.