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BIOADVANCE CAPITAL

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Public IRS 990 nonprofit record

BIOADVANCE CAPITAL

EIN 46-0481876 · Youth Development (O055)

Complete Charity Report — $1IRS status · full finances · grants · payProceeds go back to charities

What they do

BIOADVANCE CAPITAL (FORMERLY BIOADVANCE) WAS ESTABLISHED IN 2001 AS ONE of THE THREE LIFE SCIENCES GREENHOUSES FUNDED WITH A SHARE of PENNSYLVANIAS NATIONAL TOBACCO SETTLEMENT REVENUES to PROMOTE HUMAN HEALTH BY SUPPORTING BIOMEDICAL INNOVATION IN SOUTHEASTERN PENNSYLVANIA. THE ORGANIZATION DEDICATED $25 MILLION of THE ORIGINAL GRANT FUNDING to PRE SEED and EARLY STAGE INVESTMENTS to HELP ADVANCE TECHNOLOGIES to THE NEXT STAGE of DEVELOPMENT. SINCE THE ORIGINAL GRANT FUNDING WAS EXPENDED, BIOADVANCE CAPITAL HAS CONTINUED to SUPPORT EMERGING LIFE SCIENCES COMPANIES IN SOUTHEASTERN PENNSYLVANIA and THE SURROUNDING MID ATLANTIC REGION, WITH A FOCUS ON TECHNOLOGIES THAT IMPROVE HUMAN HEALTH.

How to reach them

ContactSHAHRAM HEJAZICEO & MANAGING DIRECTOR

Mailing address101 WEST ELM STREET, CONSHOHOCKEN, PA 19428-2075

Main phone(610) 230-0536 WebsiteVisit the charity’s website

Source: Form 990 public record. Confirm details with the nonprofit before visiting or sending anything.

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About this charity

Recognized since
October 2002
County
Montgomery
Before you donate to or volunteer with this nonprofit

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $60.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Who runs this charity—and what were they paid?

This filing lists 14 leaders and board members, with compensation reported for 6. The complete report shows their names, titles, time commitments, and exact compensation.

See leadership and compensation in the $1 report →

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

60.9%of expenses went to mission workForm 990 program services
39.1%of expenses went to managementOffice and general costs
Want the exact dollars and year-by-year history?Open the complete $1 report →

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A quick look at the charity’s latest reported finances. The complete report adds exact spending amounts, financial history, grants, funders, contractors, fees, and leadership pay.

Revenue$7,785,105
Expenses$2,686,198
Assets$86,406,908

How reported expenses were divided

This free view shows the broad spending mix. Exact dollar amounts and revenue comparisons are included in the complete report.

Mission workProgram services60.9%of expenses
ManagementOffice and general costs39.1%of expenses
FundraisingAsking for donations0.0%of expenses

Mission work is the Form 990 category called program services. These are the organization’s reported accounting categories, not an independent measure of results.

Follow the money

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People

Leadership and board

Tax year 2024

14 people are listed in this filing

The complete report identifies every listed leader and board member, their title, reported weekly time, and compensation.

See the full leadership roster for $1 →
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