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Massachusetts · Nonprofit

MedTech & BioTech Veterans Program Inc

MedTech & BioTech Veterans Program Inc (Massachusetts) receives grants from 6 organizations whose IRS filings report $884,000 to it, the largest being MICHAEL AND RENEE MINOGUE FOUNDATION ($764,000). 5 of them have funded it in more than one year.

Revenue FY2024
$407k
Funders on record
6
Grants received
$884k
Net assets
$25k
5/6 repeat funderspeak grant-dependency 71%
01What it does

What MedTech & BioTech Veterans Program Inc does

Mission

Reduce veteran unemployment via training and mentoring. Assist and prepare transitioning military veterans for meaningful employment in life science companies.

As stated on its FY2024 Form 990.

Programs

  1. Workshops to join veterans, mentors, and facilitators for training in the Life Science industry, employment skills training, and mentorship.

    $318,638 spent
    84% of program spending
  2. Conduct veteran career workshops in partnership with life science corporate partners to connect veterans with industry mentors and associated HR/TA professionals to explore employment opportunities. Attend regionally and nationally recognized veteran service organization events to inform and educate student veterans, active-duty transition veterans, local veterans as well as life science companies and related industry associations on the value (a veterans skills and federal regulatory & compliance benefits) of including and diversifying their workforce with veteran talent.

    $61,941 spent
    16% of program spending
  3. Bring transitioning veterans, life science industry mentors, and life science companies together, through a collaborative web portal that provides individual job matching with partner companies, personalized mentoring matching opportunities for registered members, online learning & training with educational partners STEAMBeyond and PsychArmor, as well as a member map, newsletters and events.

    $955 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $381,534.

02The organization over time

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.

100 = 20172017 Revenue 100 ($303k) Expenses 100 ($197k) Net assets 100 ($341k)2018 Revenue 114 ($346k) Expenses 153 ($302k) Net assets 113 ($385k)2019 Revenue 34 ($102k) Expenses 176 ($346k) Net assets 41 ($140k)2020 Revenue 58 ($176k) Expenses 112 ($221k) Net assets 28 ($96k)2021 Revenue 69 ($209k) Expenses 95 ($186k) Net assets 35 ($118k)2022 Revenue 71 ($216k) Expenses 108 ($212k) Net assets 36 ($122k)2023 Revenue 99 ($299k) Expenses 180 ($354k) Net assets 20 ($67k)2024 Revenue 134 ($407k) Expenses 228 ($449k) Net assets 7 ($25k)
'17'18'19'20'21'22'23'24
Revenue (134)Expenses (228)Net assets (7)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $394k to $140k (−64%).

$346k
$394k
$140k
$111k
$120k
$130k
$91k
$32k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of MedTech & BioTech Veterans Program Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (54% for the typical peer).

This organization
Typical peer · 2,338 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$107k
’17
$44k
’18
−$245k
’19
−$45k
’20
$22k
’21
$4k
’22
−$55k
’23
−$42k
’24
0.9
months of
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

Stephen J Mapa Jr

President and Executive Director

Board chair

Patrice Sutherland

Chairwoman of the Board

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed5677791314
Joined·+1+2+1+0+3+4+1
No longer listed·0110100
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $20k → $150k.

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MedTech & BioTech Veterans Program Inc’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

MedTech & BioTech Veterans Program Inc leans on a few funders — its largest provides 86% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

86%
largest funder
95%
top three
~1
effective funders

Largest funder’s share by year: 2017 50% · 2018 100% · 2019 100% · 2020 100% · 2021 70% · 2022 67% · 2023 90% — growing more concentrated.

“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

93% of MedTech & BioTech Veterans Program Inc's grant income comes from Massachusetts funders.

MA
NJ
DC

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $60k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Against its field

MedTech & BioTech Veterans Program Inc's funding base is broadening — from 2 funders to 3 as grant income climbed.

Operating margin−10% · bottom quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 2,276 employment nonprofits $100k–$1M, FY2024

Organizations like MedTech & BioTech Veterans Program Inc

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 Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 12%Fundraising 3%

Governance

5
board members
80%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for MedTech & BioTech Veterans Program Inc: 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.

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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 MedTech & BioTech Veterans Program Inc?
MedTech & BioTech Veterans Program Inc (Massachusetts) receives grants from 6 organizations whose IRS filings report $884,000 to it, the largest being MICHAEL AND RENEE MINOGUE FOUNDATION ($764,000). 5 of them have funded it in more than one year.
How many funders does MedTech & BioTech Veterans Program Inc have?
IRS filings report 6 organizations giving $884,000 in grants to MedTech & BioTech Veterans Program Inc, 5 of which have funded it in more than one year.
Who is the largest funder of MedTech & BioTech Veterans Program Inc?
MICHAEL AND RENEE MINOGUE FOUNDATION is the largest funder on record, with $764,000 in grants. The full list of funders is on this page.
How can an organization like MedTech & BioTech Veterans Program Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 MedTech & BioTech Veterans Program →

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 6 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