BEDFORD RESEARCH FOUNDATION INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- BEDFORD RESEARCH FOUNDATION INC (EIN 04-3333682)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202043219349323634
- Schema version
- 2019v5.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T20:11:49-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | 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 | 6176235670 | PhoneNum |
| Signature | 2020-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John M Monticone CPA | PreparerPersonNm |
| PTIN | P01257043 | PTIN |
| Phone | 7813950024 | PhoneNum |
| Preparation | 2020-11-16 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | Ann Kiessling PhD | PrincipalOfficerNm |
| Gross Receipts | $886,932 | 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 | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $53,178 | PYContributionsGrantsAmt |
| CY Contributions Grants | $75,931 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $942,893 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $783,152 | CYProgramServiceRevenueAmt |
| PY Investment Income | $21,374 | PYInvestmentIncomeAmt |
| CY Investment Income | $27,849 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,017,445 | PYTotalRevenueAmt |
| CY Total Revenue | $886,932 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $375,397 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $407,421 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $14,545 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $402,487 | PYOtherExpensesAmt |
| CY Other Expenses | $380,342 | CYOtherExpensesAmt |
| PY Total Expenses | $777,884 | PYTotalExpensesAmt |
| CY Total Expenses | $787,763 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $239,561 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $99,169 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $940,769 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,118,415 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $57,360 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,435 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $883,409 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,078,980 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Stem cell research, prostate disease research and HIV Research. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $697,167 | ExpenseAmt |
| Revenue | $783,152 | 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 |
| Total Program Service Expenses | $697,167 | 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 | Yes (true) | 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 |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 8 | 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 |
| 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 | 15 | 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 | 6176235670 | 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 (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Ann Kiessling PhD | |||||||
| President | 40.00 | 0.00 | Yes (X) | Yes (X) | $78,865 | $0 | $0 |
| Alan Geismer Esq | |||||||
| Chairman | 0.30 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| John D Lee MEd | |||||||
| Secretary | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Larry LaFranchi MBA | |||||||
| Treasurer | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Anil Purohit PhD | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Ellen Sheehy MBA | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Margaret Wray BSN | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Robert A Kaufmann MD | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Scott C Anderson | |||||||
| 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 | |
| Yael Schwartz PhD | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Lawrence R Jones MS | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Sean Kealy Esq | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Alan Mayer | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Jose Cibelli DVM PhD | |||||||
| Director | 0.30 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $78,865 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $75,931 | AllOtherContributionsAmt |
| Total Contributions | $75,931 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Assisted reproduction | Desc |
| Business | 621500 | BusinessCd |
| Total Revenue Column | $783,152 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $783,152 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $783,152 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,849 | TotalRevenueColumnAmt |
| Exclusion | $27,849 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $886,932 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $783,152 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $27,849 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,866 | TotalAmt |
| Program Services | $70,979 | ProgramServicesAmt |
| Management And General | $7,887 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,082 | TotalAmt |
| Program Services | $246,337 | ProgramServicesAmt |
| Management And General | $31,095 | ManagementAndGeneralAmt |
| Fundraising | $7,650 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,119 | TotalAmt |
| Program Services | $9,694 | ProgramServicesAmt |
| Management And General | $1,191 | ManagementAndGeneralAmt |
| Fundraising | $234 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,608 | TotalAmt |
| Program Services | $2,274 | ProgramServicesAmt |
| Management And General | $279 | ManagementAndGeneralAmt |
| Fundraising | $55 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,746 | TotalAmt |
| Program Services | $25,935 | ProgramServicesAmt |
| Management And General | $3,186 | ManagementAndGeneralAmt |
| Fundraising | $625 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,500 | TotalAmt |
| Management And General | $4,500 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,931 | TotalAmt |
| Program Services | $12,056 | ProgramServicesAmt |
| Management And General | $875 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,080 | TotalAmt |
| Program Services | $6,080 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,610 | TotalAmt |
| Program Services | $3,064 | ProgramServicesAmt |
| Management And General | $10,546 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,687 | TotalAmt |
| Program Services | $65,581 | ProgramServicesAmt |
| Management And General | $5,895 | ManagementAndGeneralAmt |
| Fundraising | $2,211 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,347 | TotalAmt |
| Program Services | $7,011 | ProgramServicesAmt |
| Management And General | $668 | ManagementAndGeneralAmt |
| Fundraising | $668 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,849 | TotalAmt |
| Program Services | $32,849 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,481 | TotalAmt |
| Program Services | $12,481 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,654 | TotalAmt |
| Program Services | $5,801 | ProgramServicesAmt |
| Management And General | $713 | ManagementAndGeneralAmt |
| Fundraising | $140 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Telephone | $11,316 | $8,487 | $2,263 | $566 |
| Postages | $4,136 | $1,380 | $1,378 | $1,378 |
| Donor and Lab supplies | $171,878 | $171,878 | ||
| Repairs and maintenance | $20,373 | $15,280 | $4,075 | $1,018 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500 | TotalAmt |
| Management And General | $1,500 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $787,763 | TotalAmt |
| Program Services | $697,167 | ProgramServicesAmt |
| Management And General | $76,051 | ManagementAndGeneralAmt |
| Fundraising | $14,545 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $171,888 | BOYAmt |
| EOY | $124,866 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,071 | BOYAmt |
| EOY | $191,620 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,310 | BOYAmt |
| EOY | $9,785 | 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 | $237,923 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $176,280 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,401 | BOYAmt |
| EOY | $61,643 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $618,099 | BOYAmt |
| EOY | $714,501 | 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 | $940,769 | BOYAmt |
| EOY | $1,118,415 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,160 | BOYAmt |
| EOY | $24,835 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,200 | BOYAmt |
| EOY | $14,600 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,360 | BOYAmt |
| EOY | $39,435 | 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 | $878,409 | BOYAmt |
| EOY | $1,050,480 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000 | BOYAmt |
| EOY | $28,500 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $883,409 | BOYAmt |
| EOY | $1,078,980 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $940,769 | BOYAmt |
| EOY | $1,118,415 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $99,169 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $96,402 | 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 | $51,746 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,564 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,285 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $53,178 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $75,931 | CurrentTaxYearAmt |
| Total | $285,704 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $642,511 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $568,409 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $714,956 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $961,093 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $783,152 | CurrentTaxYearAmt |
| Total | $3,670,121 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $694,257 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $613,973 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $774,241 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,014,271 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $859,083 | CurrentTaxYearAmt |
| Total | $3,955,825 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $10,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $40,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,720 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,000 | CurrentTaxYearAmt |
| Total | $124,220 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $10,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $40,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,720 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,000 | CurrentTaxYearAmt |
| Total | $124,220 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $3,831,605 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,664 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,318 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,967 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,374 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $27,849 | CurrentTaxYearAmt |
| Total | $78,172 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,664 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,318 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,967 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,374 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $27,849 | CurrentTaxYearAmt |
| Total | $78,172 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $703,921 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $622,291 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $785,208 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,035,645 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $886,932 | CurrentTaxYearAmt |
| Total | $4,033,997 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.94980 | PublicSupportCY509Pct |
| Public Support PY509 | 0.95480 | PublicSupportPY509Pct |
| Investment Income CY | 0.02000 | 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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,000 | BeginningYearBalanceAmt |
| Contributions | $25,000 | ContributionsAmt |
| Other Expenditures | $1,500 | OtherExpendituresAmt |
| End Year Balance | $28,500 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,500 | BeginningYearBalanceAmt |
| Contributions | $5,000 | ContributionsAmt |
| Other Expenditures | $5,500 | OtherExpendituresAmt |
| End Year Balance | $5,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $15,500 | ContributionsAmt |
| Other Expenditures | $10,000 | OtherExpendituresAmt |
| End Year Balance | $5,500 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $13,600 | ContributionsAmt |
| Other Expenditures | $13,600 | OtherExpendituresAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,500 | BeginningYearBalanceAmt |
| Contributions | $5,000 | ContributionsAmt |
| Other Expenditures | $9,500 | OtherExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Endowment Balance EOY | 1.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
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 | $208,394 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $146,751 | DepreciationAmt |
| Book Value | $61,643 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $61,643 | 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 | $983,334 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $96,402 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $96,402 | RevenueNotReportedAmt |
| Revenue Subtotal | $886,932 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $886,932 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $787,763 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $787,763 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $787,763 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Endowment funds intended uses (Part V, line 4) | Temporarily Restricted Funds are intended for the following purposes:Stem Cell Research $3,500MINC Benchtop Incubator project 25,000 Total $28,500 |
| 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, 2016 are no longer subject to examination by tax authorities. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Dr Ann Kiessling | |||
| PresidentExecDirector | $58,236 | See supplemental information | false |
| Dr Ann Kiessling | |||
| PresidentExec Director | $78,865 | Compensation as Executive Director | false |
| Ryan Kiessling | |||
| Presidents son | $93,000 | Compensation as Operations Director | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Supplemental Information for Schedule L | FormAndLineReferenceDesc |
| Explanation | Part 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 of $6,744. For the year 2019, the Organization paid $58,236 in rent to this related party. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 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 appreciation of investments |