BEDFORD RESEARCH FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BEDFORD RESEARCH FOUNDATION INC (EIN 04-3333682)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-09
- IRS object ID
- 202323179349310562
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-09T09:37:30-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042666565 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John M Monticone CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 High Street Suite 207 | AddressLine1Txt |
| City | Medford | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02155 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043333682 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEDFORD RESEARCH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BEDF | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 SOUTH ROAD | AddressLine1Txt |
| City | Bedford | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 017302344 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ann Kiessling PhD | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6172817902 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Ann | PersonFirstNm |
| Person Last | Kiessling PhD | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John M Monticone CPA | PreparerPersonNm |
| PTIN | P01257043 | PTIN |
| Phone | 7813950024 | PhoneNum |
| Preparation | 2023-11-09 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Ann Kiessling PhD | PrincipalOfficerNm |
| Gross Receipts | $968,642 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BEDFORDRESEARCH.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | Stem cell research, prostate disease research and HIV Research. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 13 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,451,028 | PYContributionsGrantsAmt |
| CY Contributions Grants | $65,564 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,755,684 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $582,399 | CYProgramServiceRevenueAmt |
| PY Investment Income | $53,996 | PYInvestmentIncomeAmt |
| CY Investment Income | $120,679 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,260,708 | PYTotalRevenueAmt |
| CY Total Revenue | $768,642 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $529,026 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $596,097 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $35,825 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $391,623 | PYOtherExpensesAmt |
| CY Other Expenses | $361,069 | CYOtherExpensesAmt |
| PY Total Expenses | $920,649 | PYTotalExpensesAmt |
| CY Total Expenses | $957,166 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,340,059 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$188,524 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,535,026 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,832,619 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $65,638 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $29,892 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,469,388 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,802,727 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Stem cell research, prostate disease research and HIV Research. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $824,516 | ExpenseAmt |
| Revenue | $575,063 | RevenueAmt |
| Desc | Special program of Assisted Reproduction takes advantage of Assited Reproduction Technology procedures to assist couples achieve a pregnancy who would otherwise risk transmitting the fathers infection to the mother and the child through intercourse. During this process, researches gathered information to prevent the transmission of sexually transmitted deseases. HIV Research. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $31,324 | ExpenseAmt |
| Revenue | $7,336 | RevenueAmt |
| Desc | Emergency COVID-19 Testing: In response to the emergency call from the Secretary of Health and Human Services from Massachusetts, the Organization, as a non-profit independent research organization, determined that at this time of crisis, this time of action was within its mission scope and undertook the COVID testing for the next several months, meeting the needs of its immediate community, as well as many managed health care communities through out the Commonwealth of Massachusetts. The Governors Command Center praised the Organization for its availability to run over 240 test per day and its ability to get results within 24 hours.The testing provided crucial results to Hospitals, Long-term care facilities, and several other miscellaneous organizations when testing was in short supply and results took longer than one week to be returned. (Continued in Schedule O)This program concluded in 2022. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $855,840 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 13 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ann Kiessling PhD | PersonNm |
| Phone | 6172817902 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 SOUTH ROAD | AddressLine1Txt |
| City | Bedford | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 017302344 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| Ryan Kiessling | |||||||
| Ex-officio | 40.00 | 0.00 | Yes (X) | $127,083 | $0 | $0 | |
| Ann Kiessling PhD | |||||||
| President | 40.00 | 0.00 | Yes (X) | $92,501 | $0 | $0 | Yes (X) |
| Lawrence R Jones MS | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Yael Schwartz PhD | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Susan L Moss JD PhD | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Jose Cibelli DVM PhD | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Alan Mayer | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Sean Kealy Esq | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Scott C Anderson | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Anil Purohit PhD | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| John D Lee MEd | |||||||
| Secretary | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Ellen Sheehy MBA | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Robert A Kaufmann MD | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Margaret Wray BSN | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Alan Geismer Esq | |||||||
| Chairman of the Board | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Larry LaFranchi MBA | |||||||
| Treasurer | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $219,584 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $65,564 | AllOtherContributionsAmt |
| Total Contributions | $65,564 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Assisted reproduction | 621500 | $575,063 | $575,063 |
| Covid 19 Testing | 621500 | $7,336 | $7,336 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $582,399 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $120,679 | TotalRevenueColumnAmt |
| Exclusion | $120,679 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $200,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $200,000 | SecuritiesAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $768,642 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $582,399 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $120,679 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,586 | TotalAmt |
| Program Services | $172,356 | ProgramServicesAmt |
| Management And General | $27,167 | ManagementAndGeneralAmt |
| Fundraising | $20,063 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $318,052 | TotalAmt |
| Program Services | $300,765 | ProgramServicesAmt |
| Management And General | $10,468 | ManagementAndGeneralAmt |
| Fundraising | $6,819 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,562 | TotalAmt |
| Program Services | $7,535 | ProgramServicesAmt |
| Management And General | $599 | ManagementAndGeneralAmt |
| Fundraising | $428 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,133 | TotalAmt |
| Program Services | $4,517 | ProgramServicesAmt |
| Management And General | $359 | ManagementAndGeneralAmt |
| Fundraising | $257 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,764 | TotalAmt |
| Program Services | $39,393 | ProgramServicesAmt |
| Management And General | $3,134 | ManagementAndGeneralAmt |
| Fundraising | $2,237 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,168 | TotalAmt |
| Program Services | $5,168 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,500 | TotalAmt |
| Management And General | $5,500 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,200 | TotalAmt |
| Program Services | $14,000 | ProgramServicesAmt |
| Management And General | $5,200 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,811 | TotalAmt |
| Program Services | $2,548 | ProgramServicesAmt |
| Management And General | $263 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,904 | TotalAmt |
| Program Services | $2,556 | ProgramServicesAmt |
| Management And General | $203 | ManagementAndGeneralAmt |
| Fundraising | $145 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,012 | TotalAmt |
| Program Services | $2,650 | ProgramServicesAmt |
| Management And General | $211 | ManagementAndGeneralAmt |
| Fundraising | $151 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,972 | TotalAmt |
| Program Services | $75,655 | ProgramServicesAmt |
| Management And General | $6,018 | ManagementAndGeneralAmt |
| Fundraising | $4,299 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,539 | TotalAmt |
| Program Services | $5,754 | ProgramServicesAmt |
| Management And General | $458 | ManagementAndGeneralAmt |
| Fundraising | $327 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5 | TotalAmt |
| Management And General | $5 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,711 | TotalAmt |
| Program Services | $31,711 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,547 | TotalAmt |
| Program Services | $6,642 | ProgramServicesAmt |
| Management And General | $528 | ManagementAndGeneralAmt |
| Fundraising | $377 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SPAR Merchant ID Charges | $19,068 | $19,068 | ||
| Postages | $5,771 | $5,078 | $404 | $289 |
| Lab supplies | $152,831 | $152,831 | ||
| Repairs and maintenance | $8,652 | $7,613 | $606 | $433 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,378 | TotalAmt |
| Management And General | $4,378 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $957,166 | TotalAmt |
| Program Services | $855,840 | ProgramServicesAmt |
| Management And General | $65,501 | ManagementAndGeneralAmt |
| Fundraising | $35,825 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $529,254 | BOYAmt |
| EOY | $142,532 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $321,832 | BOYAmt |
| EOY | $287,726 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,168 | BOYAmt |
| EOY | $22,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,000 | BOYAmt |
| EOY | $4,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $375,667 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $253,575 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,443 | BOYAmt |
| EOY | $122,092 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,566,329 | BOYAmt |
| EOY | $3,242,269 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,000 | BOYAmt |
| EOY | $12,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,535,026 | BOYAmt |
| EOY | $3,832,619 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,785 | BOYAmt |
| EOY | $13,383 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,853 | BOYAmt |
| EOY | $16,509 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,638 | BOYAmt |
| EOY | $29,892 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,469,388 | BOYAmt |
| EOY | $3,780,727 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $22,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,469,388 | BOYAmt |
| EOY | $3,802,727 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,535,026 | BOYAmt |
| EOY | $3,832,619 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$188,524 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$478,137 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $53,178 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $75,931 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $111,018 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $227,445 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $65,564 | CurrentTaxYearAmt |
| Total | $533,136 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $961,093 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $783,152 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,779,566 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,755,684 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $582,399 | CurrentTaxYearAmt |
| Total | $5,861,894 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,014,271 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $859,083 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,890,584 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,983,129 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $647,963 | CurrentTaxYearAmt |
| Total | $6,395,030 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $43,720 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,981 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $34,195 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $34,649 | CurrentTaxYearAmt |
| Total | $167,545 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $43,720 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,981 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $34,195 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $34,649 | CurrentTaxYearAmt |
| Total | $167,545 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $6,227,485 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,374 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,849 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,472 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $61,630 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $120,679 | CurrentTaxYearAmt |
| Total | $243,004 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,374 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,849 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,472 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $61,630 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $120,679 | CurrentTaxYearAmt |
| Total | $243,004 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,035,645 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $886,932 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,902,056 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,044,759 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $768,642 | CurrentTaxYearAmt |
| Total | $6,638,034 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.93820 | PublicSupportCY509Pct |
| Public Support PY509 | 0.95390 | PublicSupportPY509Pct |
| Investment Income CY | 0.04000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.02000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $29,529 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $29,529 | DepreciationAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $346,138 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $224,046 | DepreciationAmt |
| Book Value | $122,092 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $122,092 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Security Deposit | Desc |
| Book Value | $12,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $12,000 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $290,504 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$478,137 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$1 | OtherRevenueAmt |
| Revenue Not Reported | -$478,138 | RevenueNotReportedAmt |
| Revenue Subtotal | $768,642 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $768,642 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $957,165 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$1 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$1 | ExpensesNotReportedAmt |
| Expenses Subtotal | $957,166 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $957,166 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other revenues not included on Form 990 (Part XI, line 2d) | Fractional adjustment |
| Other expenses not included on Form 990 (Part XII, line 2d) | Fractional adjustment |
| Footnote for uncertain tax position under FIN 48 (Part X) | The Organization has evaluated the tax positions taken on returns for open years and those expected to be taken on returns for the year ended December 31, 2022. It is Managements belief that such tax positions are more likely than not to be sustained upon examination by tax authorities. Accordingly, no liability for uncertain tax positions is reflected in these financial statements. Returns for tax years beginning with those filed for the year ended June 30, 2019 are open to examination. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Dr Ann Kiessling PhD | |||
| PresidentExecDirector | $85,972 | See supplemental information | false |
| Ryan Kiessling | |||
| President & Exec Directors son | $127,083 | Compensation as Operations Director | false |
| DrAnn Kiessling PhD | |||
| PresidentExecutive Director | $92,501 | Compensation as Executive Director | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Supplemental Information for Schedule L | FormAndLineReferenceDesc |
| Explanation | Compensation paid to Related Party:During the year, the Organization paid compensation of $92,501 to the President of the Organization, who ran the day-to-day operations of the Organization and $127,083 to the Presidents son, who is the Operations Director of the Organization. All related party transactions were approved by a vote of the disinterested Board members. Part IV - Business Transactions Involving Interested Persons:During the year 2016, the Organization has signed a lease for Office space with a for profit entity, which is owned by the President and board member of the Organization. The lease calls for current monthly base rent, including utilities, of $7,262. For the year 2022, the Organization paid $85,972 in rent to this related party. This transaction was approved by a vote of the disinterested Board Members. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Committee meeting documentation Part VI line 8b | No committee has the authority to act on behalf of the governing body. |
| Form 990 governing body review Part VI line 11 | Two weeks before filing the 990 form, a copy is given to each board of directors for review and discussion. |
| Conflict of interest policy compliance Part VI line 12c | The organization requires each new key employee, officer or director to review a copy of the Policy on Conflict of Interest and Disclosure of Certain Interests and to acknowledge in writing that he or she has done so. Additionally, each key employee, officer or director, annually complete a disclosure form identifying any relationships, positions or circumstances in which the employee is involved that he or she believes could contribute to a conflict of interest arising. |
| CEO executive director top management comp Part VI line 15a | The board of directors establishes the compensation for the Executive Director that are within the range or organizations similar in size and scope of Bedford Research Foundation. |
| Governing documents etc available to public Part VI line 19 | Copy of the financial statements and current year changes in the governing documents, conflict of interest policy are attached to the PC Form which is filed in the Secretary of State and available for public inspection. Also, copy of these documents are available at the organizations office at 124 South Road, Bedford, MA 01730, for public inspection upon request. |
| Audited by an independent accountant Part XII line 2b | The Organizations President and Treasurer have the responsibility to oversight the Review and the selection of the independent accountant. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | Market Value depreciation of investments. |
| General explanation attachment | Form 990, Page 2, Part III, Line 4a- Program Service AccomplishmentsLarge national laboratories could not process these tests until October or even November at a reasonable turnaround time for treatment; the Organization clinical laboratory was deemed imperative during this time. The test performed in the Foundation laboratory is a molecular PCR test, which was not available at commercial re-sellers until several months into the pandemic. Once testing was more readily available, organizations began to use other commercial labs offering this testing. There was no attempt to recapture or develop a business product line; the Foundation responded to the demand as defined by its mission until after other testing courses became avaiable in early 2021, when the Foundations scientist resumed their research. The staff worked 10-12-hour days, seven days a week, and were often at the lab until late in the evening due to their dedication to serving the community. |