Overview

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Est.

1998

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Biotechnical Institute of Maryland Inc (EIN: 52-2067671) is a nonprofit organization established in 1998 that focuses on senior assisted living and vocational education. Operating with a budget of $958.3K and generating total revenue of $537.7K, BTI provides tuition-free training in basic laboratory skills to unemployed and underemployed residents of Baltimore City and the surrounding Maryland region, aiming to connect them with entry-level jobs in the biotech industry. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its workforce development initiatives.

Mission Statement

THE BIOTECHNICAL INSTITUTE OF MARYLAND, INC. (BTI) WAS FOUNDED IN 1998 AS A NON-PROFIT TO TRAIN AND PLACE ENTRY-LEVEL BIOTECHNICIANS IN MARYLAND'S RAPIDLY EXPANDING BIOTECH INDUSTRY. THE BTI LABORATORY ASSOCIATES PROGRAM PROVIDES TUITION-FREE TRAINING IN BASIC LABORATORY SKILLS TO BRIGHT, AMBITIOUS, UNEMPLOYED, AND UNDER-EMPLOYED RESIDENTS OF THE REGION. BTI PROVIDES TUITION-FREE TRAINING TO UNEMPLOYED AND UNDEREMPLOYED RESIDENTS OF BALTIMORE CITY AND THE SURROUNDING MARYLAND REGION. THE TRAINING GIVES OUR STUDENTS BASIC LABORATORY SKILLS AND JOB PLACEMENT ASSISTANCE, PREPARING PARTICIPANTS FOR ENTRY-LEVEL BIO-RELATED JOBS IN THE LIFE SCIENCES. BTI MEETS THE DEMAND FOR A SPECIALLY SKILLED WORKFORCE IN BIOTECHNOLOGY BY PROVIDING QUALITY TRAINING TO CONNECT PARTICIPANTS TO CAREER OPPORTUNITIES AND INCREASE THEIR INDEPENDENCE, FINANCIAL STABILITY, AND ECONOMIC MOBILITY. WORKFORCE DEVELOPMENT/TRAINING PROGRAMS LIKE BTI ARE A PERSON-CENTERED APPROACH TO TEACHING WORKERS SKILLS FOR LONG-TERM
Revenues
$537.7K
Expenses
$993.6K
Net Income:
-$456K
Assets
$967.7K
Liabilities
$161.8K
Net Assets:
+$805.9K
Operating Budget
$958.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
8
Median grant size
$32.5K
Largest grant received
$100K
C
Claudio Rattes
Board Member
W
Will Anderson
Board Member
A
Alan F Scott
Board Member

Frequently Asked Questions

What is BIOTECHNICAL INSTITUTE OF MARYLAND INC’s budget?
In 2024, BIOTECHNICAL INSTITUTE OF MARYLAND INC reported an annual operating budget of around $958 thousand. More detailed financial information is available to registered users.
What causes does BIOTECHNICAL INSTITUTE OF MARYLAND INC support?
BIOTECHNICAL INSTITUTE OF MARYLAND INC supports work in Senior assisted living and Vocational education.
Where does BIOTECHNICAL INSTITUTE OF MARYLAND INC operate?
BIOTECHNICAL INSTITUTE OF MARYLAND INC is headquartered in Baltimore, MD.
Who funded BIOTECHNICAL INSTITUTE OF MARYLAND INC recently?
In 2025, BIOTECHNICAL INSTITUTE OF MARYLAND INC received grants from THE KAHLERT FOUNDATION INC, WEST BALTIMORE RENAISSANCE FOUNDATION INC, and The Charles T Bauer Charitable Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant BIOTECHNICAL INSTITUTE OF MARYLAND INC received in 2024?
The largest grant to BIOTECHNICAL INSTITUTE OF MARYLAND INC in 2024 exceeds $100 thousand.
What is BIOTECHNICAL INSTITUTE OF MARYLAND INC’s reliance on government grants?
BIOTECHNICAL INSTITUTE OF MARYLAND INC relied on government grants for more than 20% of their total revenue in 2024.