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Biomedical Science Careers Project Inc

EIN 04-3241307 · Boston, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceGood78 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

BIOMEDICAL SCIENCE CAREERS PROGRAM, INC. ("BSCP") WAS INCORPORATED IN JULY 1994, AND WAS ORGANIZED TO ASSIST STUDENTS OF EVERY RACE, ETHNIC BACKGROUND, GENDER, AND FINANCIAL STATUS TO ENTER CAREERS IN THE FIELDS OF MEDICINE AND BIOMEDICAL RESEARCH BY PROVIDING THEM WITH OPPORTUNITIES TO MEET WITH ESTABLISHED PROFESSIONALS IN THEIR CHOSEN CAREER FIELDS, CREATING MENTORING RELATIONSHIPS, AND PROVIDING CAREER EDUCATIONAL ADVICE. BSCP ACCOMPLISHES THIS BY SPONSORING CONFERENCES AND SEMINARS FOR STUDENTS, IN ADDITION TO PROVIDING SCHOLARSHIPS TO STUDENTS WHO MEET CERTAIN ESTABLISHED CRITERIA.

Income
$1.8 million
Spending
$978,318
Spent on programs
66%
Reserves
47.6 months of spending
Largest source of income
donations and private grants, 96%
Employees
5
Volunteers
299
Highest pay
$158,539, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 91% of charities in its peer group (education, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 47.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 45% of income.

  • Income trend

    15 of 15

    Income rose 25% on the year before.

  • Spending floor

    15 of 15

    66% of spending went to programs and raising each dollar of donations cost 9 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 78 out of 100. Higher than 36% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    24 of 24 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $568,388 spent. 2024 CONFERENCES AND SEMINARS: THE EVENING OF HOPE WAS HELD MONDAY, OCTOBER 22, 2024. BSCP ALSO HELD THE VIRTUAL CAREER DEVELOPMENT SERIES, CAREER FAIR AND ABSTRACT REVIEW SESSION, AS WELL AS IN PERSON NEW ENGLAND SCIENCE SYMPOSIUM, SKILLS WORKSHOPS FOR COLLEGE AND HIGH SCHOOL STUDENTS THROUGHOUT THE YEAR.
  2. $74,613 spent. LAUNCH OF BSCP SCHOLARSHIP TO SUPPORT STUDENT TRANSITIONS. 2 SCHOLARSHIPS AWARDED IN 2024.SCHOLARSHIPS AWARDED TO 5 STUDENTS IN 2024. 4 HOPE SCHOLARSHIP AND 2 VETEX BIOMEDICAL SCIENCE CAREERS SCHOLARSHIPS. THE TOTAL PAID OUT IN SCHOLARSHIPS DURING 2024 WAS $50,162. THE COVID RELIEF FUND WAS CREATED AND LAUNCHED JANUARY 2021 AND TRANSITIONED TO THE EDUCATIONAL RELIEF FUND IN 2022. EDUCATIONAL RELIEF FUND IS GIVEN TO CERTAIN BSCP MEMBERS UP TO $1,000 EACH. THE TOTAL PAID OUT IN 2024 WAS $24,451, WHICH WAS ALLOCATED TO 38 STUDENTS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1995.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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