Overview

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Est.

1992

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Virginia Biotechnology Association (EIN: 54-1644709) is dedicated to promoting innovation and growth in the biomedicine sector through strengthened networks, advocacy, capital investment, and talent development. With an operating budget and total revenue of $1.4 million for the 2024 filing year, the organization relies on multiple funders and does not depend on any single source for 50% or more of its revenue. More information can be found on their website at www.vabio.org.

Mission Statement

TO PROMOTE INNOVATION AND GROWTH THROUGH STRENGTHENED NETWORKS; ADVOCACY; CAPITAL INVESTMENT; TALENT ATTRACTION, DEVELOPMENT AND RETENTION; AND ADVANCING THE NEXT GENERATION OF LEADERS.
Revenues
$1.4M
Expenses
$1.4M
Net Income:
-$80.7K
Assets
$463.4K
Liabilities
$224.4K
Net Assets:
+$239K
Operating Budget
$1.4M
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$420.4K
Largest grant received
$420.4K
J
John Newby
Board Member
D
Denise Toney
Board Member
K
Kyparissia Sirinakis
Board Member

Frequently Asked Questions

What is VIRGINIA BIOTECHNOLOGY ASSOCIATION’s budget?
In 2024, VIRGINIA BIOTECHNOLOGY ASSOCIATION reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does VIRGINIA BIOTECHNOLOGY ASSOCIATION support?
VIRGINIA BIOTECHNOLOGY ASSOCIATION supports work in Biomedicine and Business promotion.
Where does VIRGINIA BIOTECHNOLOGY ASSOCIATION operate?
VIRGINIA BIOTECHNOLOGY ASSOCIATION is headquartered in Richmond, VA.
Who funded VIRGINIA BIOTECHNOLOGY ASSOCIATION recently?
In 2024, VIRGINIA BIOTECHNOLOGY ASSOCIATION received grants from GROW CAPITAL JOBS FOUNDATION, GROW CAPITAL JOBS FOUNDATION, and GROW CAPITAL JOBS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant VIRGINIA BIOTECHNOLOGY ASSOCIATION received in 2024?
The largest grant to VIRGINIA BIOTECHNOLOGY ASSOCIATION in 2024 exceeds $420 thousand.
What is VIRGINIA BIOTECHNOLOGY ASSOCIATION’s reliance on government grants?
VIRGINIA BIOTECHNOLOGY ASSOCIATION relied on government grants for more than 50% of their total revenue in 2024.