FORWARD BIOLABS INC

FORWARD BIOLABS INC

MADISON, WI, US
501(c)(3)
EIN
82-3817912

FORWARD BIOLABS INC

MADISON, WI, US
501(c)(3)
EIN
82-3817912

Overview

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Est.

2017

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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FORWARD BIOLABS INC is a nonprofit organization focused on advancing biology through translational research and economic development in Wisconsin. With an operating budget of $772.9K and total revenue of $926.3K for the 2024 filing year, the organization operates a state-of-the-art laboratory that supports early-stage biotechnology companies associated with the University of Wisconsin-Madison and other life-science research entities. Additionally, FORWARD BIOLABS provides education and mentoring to these companies, fostering innovation and job creation in the region.

Mission Statement

TO ACCELERATE TRANSLATIONAL RESEARCH, SPARK STATE-WIDE ECONOMIC DEVELOPMENT AND CREATE JOBS THROUGH OPERATING A FULLY-SUPPORTED, STATE-OF-THE ART LABORATORY TO BE SHARED BY INNOVATIVE, EARLY-STAGE BIOTECHNOLOGY COMPANIES ASSOCIATED WITH THE UNIVERSITY OF WISCONSIN-MADISON AND OTHER LIFE-SCIENCE RESEARCH ORGANIZATIONS. ADDITIONALLY, FORWARD BIOLABS PROVIDES EDUCATION AND MENTORING TO EARLY-STAGE, BIOTECHNOLOGY COMPANIES ENGAGED IN TRANSLATIONAL LIFE-SCIENCE RESEARCH.
Revenues

$926.3K

Expenses

$772.9K

Net Income:
+$153.4K
Assets

$2.6M

Liabilities

$115.3K

Net Assets:
+$2.5M
Operating Budget

$772.9K

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

2

Median grant size
$65K
Largest grant received
$100K
J
Jessica Martin Eckerly
Board Member
A
Aaron Olver
Board Member
R
Robert Drape
Board Member

Frequently Asked Questions

What is FORWARD BIOLABS INC’s budget?
In 2024, FORWARD BIOLABS INC reported an annual operating budget of around $773 thousand. More detailed financial information is available to registered users.
What causes does FORWARD BIOLABS INC support?
FORWARD BIOLABS INC supports work in Biology.
Where does FORWARD BIOLABS INC operate?
FORWARD BIOLABS INC is headquartered in MADISON, WI.
Who funded FORWARD BIOLABS INC recently?
In 2021, FORWARD BIOLABS INC received grants from MADISON GAS AND ELECTRIC FOUNDATION INC, FRIENDS FOREVER FOUNDATION, and MADISON GAS AND ELECTRIC FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant FORWARD BIOLABS INC received in 2021?
The largest grant to FORWARD BIOLABS INC in 2021 exceeds $100 thousand.
What is FORWARD BIOLABS INC’s reliance on government grants?
FORWARD BIOLABS INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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