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Passes our checks

Biodesign Challenge Inc

EIN 83-2384405 · New York, NY

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

LegitimacyPassesRegistration and standingFinancial healthGood71 out of 100GovernanceGood83 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

BIODESIGN CHALLENGE IS AN INTERNATIONAL EDUCATION PROGRAM THAT INTRODUCES STUDENTS FROM DIVERSE BACKGROUNDS TO EMERGING BIOTECHNOLOGIES AND ASKS THEM TO EXPLORE, THROUGH THE LENSES OF ART AND DESIGN, HOW THESE TECHNOLOGIES MIGHT BE USED TO CREATE A SUSTAINABLE, EQUITABLE FUTURE.

Income
$296,222
Spending
$345,895
Spent on programs
80%
Reserves
13 months of spending
Largest source of income
government grants, 35%
Employees
2
Volunteers
33
Highest pay
$95,968, executive director

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 71 out of 100. Higher than 40% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 13.0 months of spending.

  • Debt

    16 of 20

    It owes 23% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 17% of income.

  • Income trend

    5 of 15

    Income fell 17% on the year before.

  • Spending floor

    15 of 15

    80% of spending went to programs and raising each dollar of donations cost 12 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 83 out of 100. Higher than 72% of charities in its peer group (education, $250k to $1m).

  • Independent board

    18 of 25

    3 of 3 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

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • 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, 2025, 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 (1)
  1. $277,726 spent. THROUGHOUT THE SPRING, OUR ORGANIZERS WORK WITH HIGH SCHOOL AND COLLEGE TEACHERS TO DESIGN CURRICULA; PARTNER PARTICIPATING CLASSROOMS WITH EXPERT MENTORS IN STEM, ART, AND DESIGN; AND SUPPORT STUDENTS WITH RESOURCES AND MENTORSHIP AS THEY DEVELOP THEIR PROJECTS. EACH JUNE, PARTICIPANTS AND THE GENERAL PUBLIC GATHER AT OUR ANNUAL SUMMIT WHERE STUDENTS SHOWCASE THEIR RESEARCH AND PROTOTYPES IN FRONT OF AN ESTEEMED JURY MADE UP OF INDUSTRY AND ACADEMIA PROFESSIONALS FROM AROUND THE WORLD. ALUMNI OF THE PROGRAM ENTER THE WORKFORCE WITH A DEEP ETHOS IN INTERDISCIPLINARY COLLABORATION, ENVIRONMENTALLY-FOCUSED DESIGN, AND EQUITY-CENTERED SYSTEMS DESIGN. TEAMS PROTOTYPE NEW IDEAS IN MEDICINE, TEXTILES, BEAUTY, FOOD, MANUFACTURING, AND MORE. BIODESIGN CHALLENGE BRIDGES ART, DESIGN, AND BIOTECH TO HELP DEVELOP THE FIRST GENERATION OF PROFESSIONALS THAT CROSS DISCIPLINES, ANTICIPATE PROMISES AND PITFALLS, AND ENGAGE THE PUBLIC IN DIALOGUE ABOUT THE BROADER IMPLICATIONS OF EMERGING BIOTECH.AS PART OF OUR SUPPORT FOR PARTICIPANTS, WE CONNECT TEAMS WITH OPPORTUNITIES WITH MUSEUMS, GALLERIES, INVESTORS, AND ACCELERATOR PROGRAMS. THROUGH THESE CONNECTIONS PROJECTS HAVE BOTH EVOLVED INTO STARTUP COMPANIES AND EXHIBITS AT VENUES AROUND THE WORLD, INCLUDING LONDON DESIGN FESTIVAL, MUSEUM OF MODERN ART, DUTCH DESIGN WEEK, NYCXDESIGN, MIT MEDIA LAB, TECH MUSEUM OF INNOVATION, RISD BIODESIGN EXHIBITION, FIT MUSEUM, THE GREGG, AMONG OTHERS. TEAMS HAVE ALSO GONE ON TO WIN PRESTIGIOUS PRIZES LIKE THE NATIONAL GEOGRAPHIC CHASING GENIUS AWARD AND INTERNATIONAL BIOART AND DESIGN AWARD.

Source: Form 990 for the year ending December 31, 2025, 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 September 7, 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 September 30, 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 September 10, 2026.

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

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

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

    Recognized by the IRS since February 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.