Maryland · Nonprofit
BioHealth Innovation
BioHealth Innovation (Maryland) receives grants from 4 organizations whose IRS filings report $379,456 to it, the largest being FAMILY HEALTH INTERNATIONAL INC ($134,456). 2 of them have funded it in more than one year.
- Revenue FY2024
- $4.4M
- Funders on record
- 4
- Grants received
- $379k
- Net assets
- $5.0M
What BioHealth Innovation does
Mission
Biohealth Innovation connects market relevant research assets to appropriate funding, management, and markets to facilitate the development of commercially viable bio health products and companies.
As stated on its FY2024 Form 990.
Program
Entrepreneur-in-Residence/Small Business Innovative Research (SBIR): The BHI SBIR/STTR federal funding assistance offers BioHealth companies support in preparing applications for federal funding inclusive of SBIRS, STTRS, and other federal government awards. BHI's Entrepreneur-in-Residence (EIR) program is designed to be an active partner with research institutions to source, fund, and grow high-potential, early-stage products through project-focused companies. The entrepreneurs in the program support the formation of new companies based upon innovative discoveries in the areas of drugs, vaccines, therapeutics, diagnostics, and medical devices from the intramural research programs at partner organizations, as well as from universities and businesses. The EIR will find, evaluate, and support the development of new start-up companies based upon technology license agreements from technology transfer offices or equivalent units within the research institutions. Under an NIH/OTT partnership intermediary agreement, BHI will employ and place entrepreneurs-in-residence (EIR) within OTT to evaluate, identify and license intramural technologies in the areas of drugs, vaccines, therapeutics,…
$3,880,542 spent$917,163 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $3,880,542.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $4.5M to $5.1M (+13%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 2% · 2023 3% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.
79% of BioHealth Innovation’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Richard Bendis
President & CEO
Board chair
Pete Briskman
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $125k → $119k.
Left out of every figure on this page: $155k from 2 payers (the payer shares this organization's board, largest Adventist Healthcare Inc). These are real filings, and they are not money BioHealth Innovation raised.
From the IRS filings of BioHealth Innovation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BioHealth Innovation leans on a few funders — its largest provides 35% of grant income and the top three 87%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BioHealth Innovation.
Largest funder’s share by year: 2017 100% · 2019 100% · 2022 62% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
51% of BioHealth Innovation's grant income comes from Maryland funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BioHealth Innovation receives grants from 4 organizations whose IRS filings report $379k to it.
this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024
Government funding BioHealth Innovation receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.7M on record — $2.6M federal, $155k state.
- Department of Health and Human Services$2.5M
- Department of Commerce$10k
- Grant$155k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like BioHealth Innovation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- BHI Management Inc · corp_trust
- Relevant Health Holdings - I · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for BioHealth Innovation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BioHealth Innovation?
- BioHealth Innovation (Maryland) receives grants from 4 organizations whose IRS filings report $379,456 to it, the largest being FAMILY HEALTH INTERNATIONAL INC ($134,456). 2 of them have funded it in more than one year.
- How many funders does BioHealth Innovation have?
- IRS filings report 4 organizations giving $379,456 in grants to BioHealth Innovation, 2 of which have funded it in more than one year.
- Who is the largest funder of BioHealth Innovation?
- FAMILY HEALTH INTERNATIONAL INC is the largest funder on record, with $134,456 in grants. The full list of funders is on this page.
- How can an organization like BioHealth Innovation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds BioHealth Innovation →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing