2024-05-14T09:55:53-05:00 2023-06-30 261678195 BURLESON & EARLEY PA 902 Sand Hill Road Asheville NC 28806 990 2022-07-01 264768737 Bent Creek Institute Inc BENT 8286652492 100 Frederick Law Olmsted Way Asheville NC 28806 George Briggs Chair 8286652492 2024-05-14 1 George Briggs 999009999 0 Robin G Earley CPA P01220854 8282512846 2024-05-14 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z George Briggs 100 Frederick Law Olmsted Way Asheville NC 28806 151674 0 X www.usbsl.org X 2008 NC BENT CREEK INSTITUTE, INC. (BCI), A NON-PROFIT RESEARCH AND ECONOMIC DEVELOPMENT ORGANIZATION ACCELERATES RESEARCH, DEVELOPMENT, AND PRODUCTION OF SAFE PLANT DERIVED WELLNESS PRODUCTS IN WESTERN NORTH CAROLINA. 8 8 4 9 0 0 49669 25000 140403 126322 86 -4 0 137 190158 151455 0 0 0 0 120376 95636 0 0 0 67244 52806 187620 148442 2538 3013 221349 193462 103958 73058 117391 120404 X BENT CREEK INSTITUTE, INC. (BCI), A NON-PROFIT RESEARCH AND ECONOMIC DEVELOPMENT ORGANIZATIONACCELERATES RESEARCH, DEVELOPMENT, AND PRODUCTION OF SAFE PLANT DERIVED WELLNESS PRODUCTS INWESTERN NORTH CAROLINA. 0 0 130806 91640 IN COLLABORATION WITH THE NORTH CAROLINA ARBORETUM (TNCA), BCI CONTINUED TO MANAGE BOTANICAL INGREDIENT AUTHENTICATION AND TESTING SERVICES AT US BOTANICAL SAFETY LABORATORY (USBSL). USBSL ALSO PROVIDED FORMULATION SERVICES TO SMALL BUSINESSES, PROVIDING ACCESS TO GMP COMPLIANT PROTOTYPING AND MANUFACTURING SERVICES. USBSL MAINTAINED REGIONAL PARTNERSHIPS INCLUDING WITH THE BIONETWORK LABORATORY (A DIVISION OF THE COMMUNITY COLLEGE SYSTEM) TO ANCHOR AN ACCESSIBLE HUB FOR THE PRODUCTION OF VALUE ADDED PRODUCTS FROM WNC ALTERNATIVE AGRICULTURE. USBSL ALSO PROVIDED A VALUABLE USFDA NEW DIETARY INGREDIENT NOTIFICATION (NDIN) AND RELATED COMPLIANCE SERVICES TO VARIOUS BOTANICAL PRODUCTS COMPANIES LOCATED OR WITH OPERATIONS IN WESTERN NORTH CAROLINA. 34815 BCI AND USBSL PROVIDED STRATEGIC ADVISORY AND CONSULTING SERVICES TO PRODUCERS AND START-UPS TO ASSSIST IN SCALE-UP AND R&D OF HERBAL PRODUCTS 130806 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X George Briggs 8286652492 100 Frederick Law Olmsted Way Asheville NC 28806 X George Briggs Chair 5.00 X X 0 0 0 Greg Cumberford Vice Chair 4.00 X X 0 0 0 Cheryl McMurry Kaynard Secretary/Treasurer 1.00 X X 0 0 0 Christopher Brown Member 1.00 X 0 0 0 Mike Tanner Member 1.00 X 0 0 0 Bob Deutsch Member 1.00 X 0 0 0 Undi Hoffler Member 1.00 X 0 0 0 Emmett McGregor Member 1.00 X 0 0 0 0 0 0 0 0 0 0 0 25000 25000 USBSL Contract Service 541700 51139 51139 USBSL Testing Income 541700 40368 40368 USBSL Services 541700 34815 34815 126322 -4 -4 356 219 137 137 151455 126455 0 0 87426 87426 8210 8210 1458 1458 10637 10637 5548 5548 1204 1204 445 445 11195 11195 742 742 7153 7153 1276 1276 Lab testing 6454 6454 Bank Service Charges 2135 2135 Lab Supplies 1165 1165 Interest Expense 802 802 2592 433 2159 148442 130806 17636 0 8637 33192 2935 1737 196078 175071 28159 21007 137262 137262 44356 264 221349 193462 13558 720 90400 72338 103958 73058 X 117391 120404 117391 120404 221349 193462 3013 0 X 0 0 0 X 27085 15240 40964 40669 25000 148958 27085 15240 40964 40669 25000 148958 71980 76978 148958 0.51680 0.61700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 196078 175071 21007 21007 Payroll Liabilities 1357 Note Payable - Hometrust 1794 RMT CT Note Payable - SBA Business Loa 68400 Wells Fargo Business Card Greg 787 72338 Form 990, Part VI, Section B, line 11b THE 990 IS PREPARED BY INDEPENDENT ACCOUNTANTS, REVIEWED BY MANAGEMENT, PRESENTED TO THE BOARD FOR REVIEW, PROPOSED REVISIONS, AND FINAL APPROVAL. Form 990, Part VI, Section B, line 12c CONFLICT OF INTEREST STATEMENTS FROM EACH ACTIVE BOARD MEMBER ARE MAINTAINED ON FILE. THE STATEMENTS AFFIRM THAT THE POLICY HAS BEEN READ AND EITHER THAT NO CONFLICT OF INTEREST EXISTS, OR DISCLOSES ANY SUCH CONFLICTS. Form 990, Part VI, Section B, line 15 THE BOARD OF DIRECTORS SETS THE PRESIDENT/ EXECUTIVE DIRECTOR'S AND LABORATORY DIRECTOR'S SALARIES AFTER A PERFORMANCE REVIEW AND A CHECK OF COMPARABLE SALARY INFORMATION FOR NON-PROFIT ORGANIZATIONS WITH SIMILAR BUDGETS. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST