STRATEGY STUDIO / PUBLIC DATA EXPLORER

BEDFORD RESEARCH FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
BEDFORD RESEARCH FOUNDATION INC (EIN 04-3333682)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-15
IRS object ID
202143199349314414
Schema version
2020v4.1
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

FieldValueIRS element (for citing)
Return2021-11-15T14:28:51-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042666565PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1John M Monticone CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15 High Street Suite 207AddressLine1Txt
CityMedfordCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02155ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043333682EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BEDFORD RESEARCH FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBEDFBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1124 SOUTH ROADAddressLine1Txt
CityBedfordCityNm
State AbbreviationMAStateAbbreviationCd
ZIP017302344ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAnn Kiessling PhDPersonNm
Person TitlePresidentPersonTitleTxt
Phone6176235670PhoneNum
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstAnnPersonFirstNm
Person LastKiessling PhDPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJohn M Monticone CPAPreparerPersonNm
PTINP01257043PTIN
Phone7813950024PhoneNum
Preparation2021-11-15PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAnn Kiessling PhDPrincipalOfficerNm
Gross Receipts$1,953,004GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BEDFORDRESEARCH.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionStem cell research, prostate disease research and HIV Research.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$75,931PYContributionsGrantsAmt
CY Contributions Grants$111,019CYContributionsGrantsAmt
PY Program Service Revenue$783,152PYProgramServiceRevenueAmt
CY Program Service Revenue$1,779,566CYProgramServiceRevenueAmt
PY Investment Income$27,849PYInvestmentIncomeAmt
CY Investment Income$15,687CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$886,932PYTotalRevenueAmt
CY Total Revenue$1,906,272CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$407,421PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$478,408CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$9,477CYTotalFundraisingExpenseAmt
PY Other Expenses$380,342PYOtherExpensesAmt
CY Other Expenses$646,176CYOtherExpensesAmt
PY Total Expenses$787,763PYTotalExpensesAmt
CY Total Expenses$1,124,584CYTotalExpensesAmt
PY Revenues Less Expenses$99,169PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$781,688CYRevenuesLessExpensesAmt
Total Assets BOY$1,118,415TotalAssetsBOYAmt
Total Assets EOY$2,121,346TotalAssetsEOYAmt
Total Liabilities BOY$39,435TotalLiabilitiesBOYAmt
Total Liabilities EOY$247,482TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,078,980NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,873,864NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionStem cell research, prostate disease research and HIV Research.MissionDesc
Significant New Program SrvcYes (true)SignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$726,364ExpenseAmt
Revenue$1,413,883RevenueAmt
DescEmergency 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)Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$341,818ExpenseAmt
Revenue$365,683RevenueAmt
DescSpecial 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
FieldValueIRS element (for citing)
Total Program Service Expenses$1,068,182TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee12EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAnn Kiessling PhDPersonNm
Phone6176235670PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1124 SOUTH ROADAddressLine1Txt
CityBedfordCityNm
State AbbreviationMAStateAbbreviationCd
ZIP017302344ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Ryan Kiessling
Ex-officio40.000.00Yes (X)$104,200$0$0
Ann Kiessling PhD
President40.000.00Yes (X)$89,059$0$0Yes (X)
Lawrence R Jones MS
Director0.300.00Yes (X)$0$0$0
Yael Schwartz PhD
Director0.300.00Yes (X)$0$0$0
Susan L Moss JD PhD
Director0.300.00Yes (X)$0$0$0
Jose Cibelli DVM PhD
Director0.300.00Yes (X)$0$0$0
Alan Mayer
Director0.300.00Yes (X)$0$0$0
Sean Kealy Esq
Director0.300.00Yes (X)$0$0$0
Scott C Anderson
Director0.300.00Yes (X)$0$0$0
Anil Purohit PhD
Director0.300.00Yes (X)$0$0$0
John D Lee MEd
Secretary0.300.00Yes (X)$0$0$0
Ellen Sheehy MBA
Director0.300.00Yes (X)$0$0$0
Robert A Kaufmann MD
Director0.300.00Yes (X)$0$0$0
Margaret Wray BSN
Director0.300.00Yes (X)$0$0$0
Alan Geismer Esq
Chairman0.300.00Yes (X)$0$0$0Yes (X)
Larry LaFranchi MBA
Treasurer1.000.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$193,259TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$111,019AllOtherContributionsAmt
Total Contributions$111,019TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Assisted reproduction621500$365,683$365,683
Covid 19 Testing621500$1,413,883$1,413,883
FieldValueIRS element (for citing)
Total Program Service Revenue$1,779,566TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,668TotalRevenueColumnAmt
Exclusion$24,668ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$37,751SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$46,732SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$8,981SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$8,981TotalRevenueColumnAmt
Exclusion-$8,981ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,906,272TotalRevenueColumnAmt
Related Or Exempt Func Income$1,779,566RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$15,687ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$193,259TotalAmt
Program Services$171,615ProgramServicesAmt
Management And General$17,315ManagementAndGeneralAmt
Fundraising$4,329FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$239,616TotalAmt
Program Services$239,616ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$7,125TotalAmt
Program Services$6,769ProgramServicesAmt
Management And General$285ManagementAndGeneralAmt
Fundraising$71FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,244TotalAmt
Program Services$4,982ProgramServicesAmt
Management And General$210ManagementAndGeneralAmt
Fundraising$52FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$33,164TotalAmt
Program Services$31,525ProgramServicesAmt
Management And General$1,311ManagementAndGeneralAmt
Fundraising$328FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,800TotalAmt
Management And General$4,800ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$3,141TotalAmt
Management And General$3,141ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,451TotalAmt
Program Services$3,085ProgramServicesAmt
Management And General$2,366ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$573TotalAmt
Program Services$573ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$17,285TotalAmt
Program Services$14,413ProgramServicesAmt
Management And General$2,872ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$80,925TotalAmt
Program Services$72,023ProgramServicesAmt
Management And General$6,474ManagementAndGeneralAmt
Fundraising$2,428FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,992TotalAmt
Program Services$1,674ProgramServicesAmt
Management And General$159ManagementAndGeneralAmt
Fundraising$159FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$7,772TotalAmt
Program Services$7,772ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$19,801TotalAmt
Program Services$19,801ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$12,064TotalAmt
Program Services$11,461ProgramServicesAmt
Management And General$482ManagementAndGeneralAmt
Fundraising$121FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Telephone and Internet$7,075$5,306$1,415$354
Postages$3,699$1,233$1,233$1,233
Lab supplies$470,309$470,309
Repairs and maintenance$8,034$6,025$1,607$402

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,255TotalAmt
Management And General$3,255ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,124,584TotalAmt
Program Services$1,068,182ProgramServicesAmt
Management And General$46,925ManagementAndGeneralAmt
Fundraising$9,477FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$124,866BOYAmt
EOY$290,242EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$191,620BOYAmt
EOY$530,666EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,785BOYAmt
EOY$6,355EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,000BOYAmt
EOY$4,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$272,968LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$196,081LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$61,643BOYAmt
EOY$76,887EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$714,501BOYAmt
EOY$1,201,196EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$12,000BOYAmt
EOY$12,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,118,415BOYAmt
EOY$2,121,346EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$24,835BOYAmt
EOY$67,459EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$14,600BOYAmt
EOY$100,390EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$79,633EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$39,435BOYAmt
EOY$247,482EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,050,480BOYAmt
EOY$1,848,864EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$28,500BOYAmt
EOY$25,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,078,980BOYAmt
EOY$1,873,864EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,118,415BOYAmt
EOY$2,121,346EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$781,688ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$13,196NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$45,564CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$59,285CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$53,178CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$75,931CurrentTaxYearMinus1YearAmt
Current Tax Year$111,018CurrentTaxYearAmt
Total$344,976TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$568,409CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$714,956CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$961,093CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$783,152CurrentTaxYearMinus1YearAmt
Current Tax Year$1,779,566CurrentTaxYearAmt
Total$4,807,176TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$613,973CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$774,241CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,014,271CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$859,083CurrentTaxYearMinus1YearAmt
Current Tax Year$1,890,584CurrentTaxYearAmt
Total$5,152,152TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$40,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$43,720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$30,000CurrentTaxYearMinus1YearAmt
Current Tax Year$24,981CurrentTaxYearAmt
Total$149,201TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$40,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$43,720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$30,000CurrentTaxYearMinus1YearAmt
Current Tax Year$24,981CurrentTaxYearAmt
Total$149,201TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$5,002,951PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,318CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,967CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,374CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,849CurrentTaxYearMinus1YearAmt
Current Tax Year$11,472CurrentTaxYearAmt
Total$79,980TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,318CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,967CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,374CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,849CurrentTaxYearMinus1YearAmt
Current Tax Year$11,472CurrentTaxYearAmt
Total$79,980TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$622,291CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$785,208CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,035,645CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$886,932CurrentTaxYearMinus1YearAmt
Current Tax Year$1,902,056CurrentTaxYearAmt
Total$5,232,132TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.95620PublicSupportCY509Pct
Public Support PY5090.94980PublicSupportPY509Pct
Investment Income CY0.02000InvestmentIncomeCYPct
Investment Income PY0.02000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$28,500BeginningYearBalanceAmt
Contributions$28,000ContributionsAmt
Other Expenditures$31,500OtherExpendituresAmt
End Year Balance$25,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,000BeginningYearBalanceAmt
Contributions$25,000ContributionsAmt
Other Expenditures$1,500OtherExpendituresAmt
End Year Balance$28,500EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,500BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
Other Expenditures$5,500OtherExpendituresAmt
End Year Balance$5,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$15,500ContributionsAmt
Other Expenditures$10,000OtherExpendituresAmt
End Year Balance$5,500EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$13,600ContributionsAmt
Other Expenditures$13,600OtherExpendituresAmt
FieldValueIRS element (for citing)
Term Endowment Balance EOY1.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$29,529InvestmentCostOrOtherBasisAmt
Depreciation$29,529DepreciationAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$243,439InvestmentCostOrOtherBasisAmt
Depreciation$166,552DepreciationAmt
Book Value$76,887BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$76,887TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescSecurity DepositDesc
Book Value$12,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$12,000TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,919,467TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$13,196NetUnrealizedGainsInvstAmt
Revenue Not Reported$13,196RevenueNotReportedAmt
Revenue Subtotal$1,906,271RevenueSubtotalAmt
Other Revenues Not Included$1OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,906,272TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,124,583TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$1OtherExpensesIncludedAmt
Expenses Not Reported-$1ExpensesNotReportedAmt
Expenses Subtotal$1,124,584ExpensesSubtotalAmt
Total Expenses Per Form990$1,124,584TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Endowment funds intended uses (Part V, line 4)Net Assets with Donor Restrictions: Contribution to fund the purchase of ProMega Photomultiplier Detector $25,000.
Other revenues included on Form 990 (Part XI, line 4b)Roundings
Other expenses not included on Form 990 (Part XII, line 2d)Roundings
Footnote for uncertain tax position under FIN 48 (Part X)The Organization currently evaluates all tax positions, and makes a determination regarding the likelihood of those positions being upheld under review. The primary tax positions made by the Organization are the existence of unrelated business income tax and the Organizations status as a Tax-exempt Organization under Section 501(c)(3) of the Internal Revenue Code. For the years presented, the Organization has not recognized any tax benefits or loss contingencies for uncertain tax positions based on this evaluation. All tax periods prior to fiscal year ended December 31, 2017 are no longer subject to examination by tax authorities.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
Dr Ann Kiessling
PresidentExecDirector$80,925See supplemental informationfalse
Dr Ann Kiessling
PresidentExec Director$89,059Compensation as Executive Directorfalse
Ryan Kiessling
Presidents son$104,200Compensation as Operations Directorfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSupplemental Information for Schedule LFormAndLineReferenceDesc
ExplanationPart IV - Business Transactions Involving Interested Persons:During the year 2016, the Organization has signed a five year 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 $6,744. For the year 2020, the Organization paid $80,925 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 (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Committee meeting documentation Part VI line 8bNo committee has the authority to act on behalf of the governing body.
Form 990 governing body review Part VI line 11Two 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 12cThe 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 15aThe 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 19Copy 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 2bThe Organizations President and Treasurer have the responsibility to oversight the Review and the selection of the independent accountant.
Significant program services not listed on prior year return Part III line 2On March 18, 2020, in response to 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.
Explanation of other changes in net assets or fund balances Part XI line 9Market Value appreciation of investments
General explanation attachmentForm 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.