Nonprofit · EIN 52-2067671
BIOTECHNICAL INSTITUTES OF MARYLAND
Tax-exempt · BALTIMORE, MD 21223
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $537,656 | $993,629 | -$455,973 | $967,713 | $161,802 | $805,911 |
| December 31, 2023 | 990 | $1,271,409 | $993,702 | $277,707 | $1,484,700 | $222,817 | $1,261,883 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $528,462
- of which government grants
- $109,049
- Program service revenue
- $5,170
- Investment income
- $4,024
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $35,307
- Compensation of officers, directors and key employees
- $250,742
- Other salaries and wages
- $237,894
- Salaries, compensation and benefits (total)
- $564,133
- Professional fundraising fees
- $0
- Legal fees
- $3,485
- Accounting fees
- $32,086
- Occupancy
- $124,146
- Depreciation
- $64,346
- Program services (functional)
- $809,552
- Management and general (functional)
- $184,077
Balance sheet and other
- Total assets, start of year
- $1,484,700
- Total assets, end of year
- $967,713
- Total liabilities, end of year
- $161,802
- Net assets, end of year
- $805,911
- Land, buildings and equipment
- $130,003
- Net assets without donor restrictions
- $732,520
- Net assets with donor restrictions
- $73,391
- Gross receipts
- $537,656
- Employees
- 8
- Volunteers
- 11
- Year formed
- 1998
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRANDY CARTER | EXEC. DIRECTOR Officer | 40 | $124,668 | $1,356 |
| TIMOTHY FAWCETT | SCIENCE DIRECTOR Officer | 40 | $119,770 | $4,948 |
| JOHN C WEISS III | CHAIR AND PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PABLO PINEYRO | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ROGER WARD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TONYA WEBB | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD A GROSSI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KEENA THOMAS | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| WILL ANDERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ABBA POLIAKOFF | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CLAUDIO RATTES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALAN F SCOTT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KATHLEEN WEISS | BOARD MEMBER/EXECUTIVE DIR Trustee or director | 1 | $0 | $0 |
| ROBERT FAUVIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY FAWCETT | SCIENCE DIRECTOR Officer | 40 | $115,856 | $4,948 |
| BRANDY CARTER | EXEC. DIRECTOR Officer | 40 | $116,273 | $1,356 |
| JOHN C WEISS III | CHAIR AND PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PABLO PINEYRO | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ROGER WARD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TONYA WEBB | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD A GROSSI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KEENA THOMAS | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| WILL ANDERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ABBA POLIAKOFF | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CLAUDIO RATTES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALAN F SCOTT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KATHLEEN WEISS | BOARD MEMBER/EXECUTIVE DIRECTOR EMER Trustee or director | 1 | $0 | $0 |
| ROBERT FAUVIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 W PRATT ST, BALTIMORE, MD 21223-2677
- Principal officer (990 for 2024)
- DR BRANDY CARTER, 1101 WEST PRATT STREET, BALTIMORE, MD 21223
- Signed the 990
- DR BRANDY CARTER, EXECUTIVE DIRECTOR
- Phone
- (410) 752-4224
- Website
- WWW.BIOTECHMD.ORG
- Return prepared by
- SB & COMPANY LLC
Mission
BTI'S NON-PROFIT MISSION IS TO PROVIDE TUITION-FREE TRAINING AND PLACEMENT ASSISTANCE TO HIGHLY MOTIVATED, DISADVANTAGED, AND UNDER / UNEMPLOYED INDIVIDUALS WITH A HIGH SCHOOL DIPLOMA OR A GRADUATE EQUIVALENT DEGREE, FOR POSITIONS AS SKILLED AND RELIABLE LAB TECHNICIANS AND TO PROVIDE A CRITICALLY NEEDED PREPARED WORKFORCE TO SUPPORT THE GROWTH OF THIS ECONOMICALLY AND SCIENTIFICALLY IMPORTANT INDUSTRY.
Program accomplishments
- THE BIOTECHNICAL INSTITUTE OF MARYLAND, INC. (BTI) WAS FOUNDED IN 1998 AS A NON-PROFIT 501 (C)(3) CORPORATION, TO FILL A NEED FOR SPECIALTY SCIENTIFIC TRAINING OF AND PLACEMENT ASSISTANCE FOR ENTRY-LEVEL BIOTECHNICIANS IN MARYLAND'S RAPIDLY EXPANDING BIOTECHNOLOGY INDUSTRY. THE BTI LABORATORY ASSOCIATES PROGRAM PROVIDES TUITION-FREE TRAINING IN BASIC LABORATORY SKILLS TO BRIGHT, AMBITIOUS, UNDER / UNEMPLOYED RESIDENTS OF BALTIMORE CITY AND THE REGION. A COMBINATION OF CLASSROOM INSTRUCTION, HANDS-ON TRAINING AND ON-THE-JOB WORK EXPERIENCE, ENABLES BTI'S SUCCESSFUL GRADUATES TO REALIZE EMPLOYMENT OPTIONS, WHILE EMPLOYERS BENEFIT FROM A STREAM OF READY-FOR-HIRE, WELL-QUALIFIED LAB TECHNICIANS. PLEASE SEE SCHEDULE O PAGE 40 FOR IMPORTANT INFORMATION ON THE MISSION AND IMPACT OF BTI.BTI IS APPROVED BY THE MARYLAND HIGHER EDUCATION COMMISSION AND RECOGNIZED THROUGHOUT THE STATE AS AN EFFECTIVE WORKFORCE TRAINING PROVIDER. BTI HAS TRAINED 51 COHORTS, CELEBRATES OVER 700 GRADUATES AND HAS PROVIDED SPECIALLY SKILLED WORKERS TO OVER 50 MARYLAND EMPLOYERS. BTI'S PLACEMENT RATE EXCEEDS 70%. ANALYSIS OF THE LONG-TERM RETENTION RATE SINCE 1998 SHOWS APPROXIMATELY 77% OF BTI GRADUATES ARE EMPLOYED OR PURSUING ADDITIONAL RELATED EDUCATION. BTI'S AVERAGE PLACEMENT WAGE IN 2023 WAS $20/HOUR PLUS BENEFITS.LIVES ARE CHANGED, FAMILIES SUPPORTED AND COMMUNITIES STRENGTHENED BY THE OUTCOMES OF BTI'S TRAINING AND SERVICES. BTI'S GOAL IS TO PROVIDE A BRIDGE TO OPPORTUNITIES FOR PARTICIPANTS AND THEIR FAMILIES BY REMOVING BARRIERS BETWEEN DISADVANTAGED PEOPLE AND EXISTING NEXT ECONOMY JOBS WITH LIVABLE WAGES THAT ARE UNFILLED DUE TO THE LACK OF PROPER TRAINING OF THE AREA'S WORKFORCE. BTI GRADUATES ARE QUALIFIED TO FILL A VARIETY OF TECHNICIAN POSITIONS IN THE LIFE SCIENCES INDUSTRY. GRADUATES ARE ALSO ELIGIBLE FOR 7 CREDITS TOWARD AN ASSOCIATE OF ARTS DEGREE IN BIOTECHNOLOGY FROM BALTIMORE CITY COMMUNITY COLLEGE.BTI'S PREPARATION OF A TRAINED, LOCAL WORKFORCE IS A CRITICAL COMPONENT OF THE MANY EFFORTS TO SUSTAIN AND GROW THE BIOTECHNOLOGY INDUSTRY IN THE STATE OF MARYLAND. BTI SKILLS TRAINING IS A NECESSARY INGREDIENT TO ADDRESS THE PRACTICAL WORKFORCE DEVELOPMENT NEEDS OF OUR CITIZENS. THE BTI MODEL HAS PROVEN ITS VALUE AND IMPACT. ADDITIONAL IN-DEPTH ORGANIZATIONAL AND PROGRAMMATIC INFORMATION ISAVAILABLE IN SCHEDULE O SUPPLEMENTAL INFORMATION ADDITIONAL IN-DEPTH ORGANIZATIONAL AND PROGRAMMATIC INFORMATION ISAVAILABLE IN SCHEDULE O SUPPLEMENTAL INFORMATION.Expenses $809,552 · grants $35,307 · revenue $5,170
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-2067671
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $967,713
- Income (IRS master file)
- $537,656
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $537,656 | $993,629 | $967,713 | IRS |
| 990 | December 2023 | $1,271,409 | $993,702 | $1,484,700 | XML |
| 990 | December 2022 | $1,157,693 | $967,813 | $1,291,643 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2067671).
Questions about BIOTECHNICAL INSTITUTES OF MARYLAND
- What is the EIN of BIOTECHNICAL INSTITUTES OF MARYLAND?
- The employer identification number (EIN) of BIOTECHNICAL INSTITUTES OF MARYLAND is 52-2067671.
- Is BIOTECHNICAL INSTITUTES OF MARYLAND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to BIOTECHNICAL INSTITUTES OF MARYLAND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BIOTECHNICAL INSTITUTES OF MARYLAND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BIOTECHNICAL INSTITUTES OF MARYLAND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BIOTECHNICAL INSTITUTES OF MARYLAND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BIOTECHNICAL INSTITUTES OF MARYLAND?
- The 990 for the year ended December 31, 2024 names DR BRANDY CARTER.
- Who are the officers and directors of BIOTECHNICAL INSTITUTES OF MARYLAND?
- The 990 for the year ended December 31, 2024 lists 14 people; 2 received compensation from the organization, the highest $124,668 (BRANDY CARTER, EXEC. DIRECTOR).
- How much revenue does BIOTECHNICAL INSTITUTES OF MARYLAND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $537,656, expenses of $993,629 and total assets of $967,713 at year end.
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