Skip to main content

Nonprofit · EIN 84-1790343

UNIVERSITY LAB PARTNERS

Tax-exempt · IRVINE, CA 92617

Financials

$5M$5.1M2023$5.5M$5.5M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY LAB PARTNERS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,499,484$5,489,018$10,466$7,199,813$4,710,991$2,488,822
December 31, 2023990$4,972,277$5,136,005-$163,728$8,195,559$5,717,203$2,478,356
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,384,706
of which government grants
$1,196,256
Program service revenue
$4,089,731
Investment income
$25,047
Other revenue
$0

Expenses

Grants and similar amounts paid
$108
Compensation of officers, directors and key employees
$389,040
Other salaries and wages
$740,561
Salaries, compensation and benefits (total)
$1,332,288
Professional fundraising fees
$14,950
Legal fees
$49,981
Accounting fees
$104,628
Occupancy
$1,472,489
Travel
$31,488
Depreciation
$409,170
Program services (functional)
$2,859,681
Management and general (functional)
$2,608,887
Fundraising (functional)
$20,450

Balance sheet and other

Total assets, start of year
$8,195,559
Total assets, end of year
$7,199,813
Total liabilities, end of year
$4,710,991
Net assets, end of year
$2,488,822
Land, buildings and equipment
$2,050,414
Net assets without donor restrictions
$2,488,822
Gross receipts
$5,499,484
Employees
22
Volunteers
5
Year formed
2019
State of legal domicile
CA

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.

NameTitleHours / weekCompensationOther / benefits
KOCH KARIN LMANAGING DIRECTOR (THRU 8/24)
Key employee
40$228,927$22,808
MCCARTHY LINDA ASITE DIRECTOR (THRU 10/24)
Highest-paid employee
40$128,892$14,485
BOHDAN GREGORY ACFO/TREASURER
Trustee or director, Officer
12$137,306$0
RENUSCH SAMANTHA RAEDIRECTOR OF EDUCATION
Highest-paid employee
40$131,596$0
BEALL KENNETH LCEO/PRESIDENT
Trustee or director, Officer
8$0$0
MAUNE HAREEMSECRETARY
Trustee or director, Officer
1$0$0
GERACE JOHNDIRECTOR
Trustee or director
1$0$0
RAKESTRAW MICHAELDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
KOCH KARIN LMANAGING DIRECTOR
Key employee
40$184,000$9,897
MCCARTHY LINDA ASITE DIRECTOR
Highest-paid employee
40$130,000$9,822
BOHDAN GREGORY ACFO/TREASURER
Trustee or director, Officer
12$124,550$0
RENUSCH SAMANTHA RAEDIRECTOR OF EDUCATION
Highest-paid employee
40$110,577$8,120
BEALL KENNETH LCEO/PRESIDENT
Trustee or director, Officer
8$0$0
MAUNE HAREEMSECRETARY
Trustee or director, Officer
1$0$0
GERACE JOHNDIRECTOR
Trustee or director
1$0$0
RAKESTRAW MICHAELDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
5270 CALIFORNIA AVE STE 300, IRVINE, CA 92617-3231
In care of
% KENNETH L BEALL
Principal officer (990 for 2024)
KENNETH L BEALL, 5270 CALIFORNIA AVENUE SUITE 300, IRVINE, CA 92617
Signed the 990
KENNETH L BEALL, CEO/PRESIDENT
Phone
(949) 732-4290
Return prepared by
BAKER TILLY ADVISORY GROUP LP

California records

California keeps its own records of charities and corporations. Search them by EIN 84-1790343 or by the name UNIVERSITY LAB PARTNERS.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

ULP EMPOWERS ECONOMIC DEVELOPMENT AND JOB CREATION IN ORANGE COUNTY (CA) BY COMBINING A STATE-OF-THE-ART LIFE SCIENCE CO-WORKING ENVIRONMENT WITH WORKFORCE DEVELOPMENT AND TRAINING OPPORTUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • ACCELERATED GROWTH OF THE BIOMEDICAL INDUSTRY VIA AN OPEN INNOVATION PLATFORM THAT PROVIDES ECONOMICAL LAB AND OFFICE SPACE, VALUABLE TECHNICAL RESOURCES, AND A NETWORK OF STRATEGIC PARTNERSHIPS.
    Expenses $1,903,428 · grants $108 · revenue $3,309,078
  • THE ORGANIZATION PROVIDES MANAGEMENT AND OVERSIGHT SERVICES FOR THE RAPID ACCELERATION OF DIAGNOSTICS (RADX) INITIATIVE, A PROGRAM SPONSORED BY THE U.S. NATIONAL INSTITUTES OF HEALTH (NI), TO SPEED INNOVATION IN THE DEVELOPMENT, COMMERCIALIZATION, AND IMPLEMENTATION OF TECHNOLOGIES FOR COVID-19 TESTING.
    Expenses $727,170 · revenue $481,244
  • AS PART OF ITS OPERATION, THE ORGANIZATION RUNS A WORKFORCE DEVELOPMENT PROJECT TO PROVIDE HANDS-ON TRAINING IN THE LAB FOR ENTRY LEVEL LABORATORY TECHNICIANS, WITH THE SUPPORT AND COLLABORATION OF OTHER CHARITABLE ORGANIZATIONS IN ORANGE COUNTY FOCUSING ON IMPROVING THE LIVES OF ORANGE COUNTY RESIDENTS SEEKING TO IMPROVE THEIR SKILL SETS TO QUALIFY FOR BETTER PAYING, MORE SATISFYING EMPLOYMENT.
    Expenses $229,083 · revenue $299,409

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-1790343
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E60)
Assets (IRS master file)
$7,199,813
Income (IRS master file)
$5,499,484

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,499,484$5,489,018$7,199,813XML
990December 2023$4,972,277$5,136,005$8,195,559XML
990December 2022$4,846,235$4,607,738$8,713,268IRS
990December 2021–––IRS
990December 2020–––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 84-1790343).

Questions about UNIVERSITY LAB PARTNERS

What is the EIN of UNIVERSITY LAB PARTNERS?
The employer identification number (EIN) of UNIVERSITY LAB PARTNERS is 84-1790343.
Is UNIVERSITY LAB PARTNERS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to UNIVERSITY LAB PARTNERS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY LAB PARTNERS 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 UNIVERSITY LAB PARTNERS 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 UNIVERSITY LAB PARTNERS 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 UNIVERSITY LAB PARTNERS?
The 990 for the year ended December 31, 2024 names KENNETH L BEALL.
Who are the officers and directors of UNIVERSITY LAB PARTNERS?
The 990 for the year ended December 31, 2024 lists 8 people; 4 received compensation from the organization, the highest $228,927 (KOCH KARIN L, MANAGING DIRECTOR (THRU 8/24)).
How much revenue does UNIVERSITY LAB PARTNERS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,499,484, expenses of $5,489,018 and total assets of $7,199,813 at year end.

Other nonprofits in IRVINE

All nonprofits in IRVINE · California · Health care