Civic Intelligence

Kansas Bioscience Organization Inc

990 • Fiscal year 2017 • EIN 20-0013564

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

4220 Shawnee Mission Parkway 350BFairway, KS 66205

(913) 495-4334

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

99th percentile

$143,891

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 38.1% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

77th percentile

29%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

7.7%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Flat

$285,795

Flat from 2017

Net Assets

Flat

$283,427

Flat from 2017

Liabilities

Flat

$2,368

Flat from 2017

Revenue

Flat

$377,646

Flat from 2017

Expenses

Flat

$314,383

Flat from 2017

Net Income

Flat

$63,263

Flat from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $26,158Liabilities 2011: $8,972Net Assets 2011: $17,1862011Assets 2012: $41,169Liabilities 2012: $2,310Net Assets 2012: $38,8592012Assets 2013: $39,686Liabilities 2013: $2,015Net Assets 2013: $37,6712013Assets 2014: $31,815Liabilities 2014: $0Net Assets 2014: $31,8152014Assets 2015: $126,733Liabilities 2015: $0Net Assets 2015: $126,7332015Assets 2016: $221,866Liabilities 2016: $1,702Net Assets 2016: $220,1642016Assets 2017: $285,795Liabilities 2017: $2,368Net Assets 2017: $283,4272017Assets 2017: $285,795Liabilities 2017: $2,368Net Assets 2017: $283,4272017Assets 2018: $307,217Liabilities 2018: $3,860Net Assets 2018: $303,3572018Assets 2019: $287,904Liabilities 2019: $2,703Net Assets 2019: $285,2012019Assets 2020: $429,672Liabilities 2020: $2,204Net Assets 2020: $427,4682020Assets 2021: $515,049Liabilities 2021: $3,412Net Assets 2021: $511,6372021Assets 2022: $316,339Liabilities 2022: $4,129Net Assets 2022: $312,2102022Assets 2023: $49,845Liabilities 2023: $26Net Assets 2023: $49,8192023Assets 2024: $58,292Liabilities 2024: $25,329Net Assets 2024: $32,9632024

Highlighted filing

2017

Assets$285,795
Liabilities$2,368
Net Assets$283,427

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $504,830Expenses 2011: $551,063Net Income 2011: -$46,2332011Revenue 2012: $416,477Expenses 2012: $394,804Net Income 2012: $21,6732012Revenue 2013: $361,910Expenses 2013: $363,098Net Income 2013: -$1,1882013Revenue 2014: $343,127Expenses 2014: $348,983Net Income 2014: -$5,8562014Revenue 2015: $356,821Expenses 2015: $261,910Net Income 2015: $94,9112015Revenue 2016: $350,803Expenses 2016: $257,372Net Income 2016: $93,4312016Revenue 2017: $377,646Expenses 2017: $314,383Net Income 2017: $63,2632017Revenue 2017: $377,646Expenses 2017: $314,383Net Income 2017: $63,2632017Revenue 2018: $419,914Expenses 2018: $399,993Net Income 2018: $19,9212018Revenue 2019: $432,684Expenses 2019: $450,840Net Income 2019: -$18,1562019Revenue 2020: $526,290Expenses 2020: $384,023Net Income 2020: $142,2672020Revenue 2021: $643,653Expenses 2021: $559,484Net Income 2021: $84,1692021Revenue 2022: $887,694Expenses 2022: $1,087,121Net Income 2022: -$199,4272022Revenue 2023: $857,787Expenses 2023: $1,120,178Net Income 2023: -$262,3912023Revenue 2024: $668,608Expenses 2024: $685,464Net Income 2024: -$16,8562024

Highlighted filing

2017

Revenue$377,646
Expenses$314,383
Net Income$63,263
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$378,643
Mission and Program Overview

Mission

Biokansas is a unified voice representing the biosciences in kansas. Across the human, plant, animal and industrial biosciences, biokansas is focused on enhancing the business and research climate and working with leaders across the state to attract and retain bioscience talent, companies and funding.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$220,426$285,495▲ $65,069
Rtn Earn Endowment Incm Other Fnds$220,164$283,427▲ $63,263
Land, Buildings, and Equipment, Net$1,440$300▼ $1,140
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$221,866$285,795▲ $63,929
Liabilities
Other Liabilities$1,702$2,368▲ $666
Total Liabilities$1,702$2,368▲ $666
Net Assets / Fund Balance
Total Net Assets Fund Balance$220,164$283,427▲ $63,263
Total Liabilities and Net Assets / Fund Balance$221,866$285,795▲ $63,929

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$300$4,073$4,373
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dennis RidenourPresident & CEOFT$143,891$143,891

Board Members and Trustees

NameTitle
Kevin SweeneyChair
Wayne CarterPast Chair
Alfred BotchwayVice Chair
Beth MonteloneBoard Member
Bruce CopelandBoard Member
Charles JabaraBoard Member
Chris StandleeBoard Member
DJ RezacBoard Member
Dennis LivesayBoard Member
Eric DanielsonBoard Member
John BucksathBoard Member
Julia StephanusBoard Member
Julie BurkhartBoard Member
Kathy GrossBoard Member
Laura TremlBoard Member
Mark SchmitzBoard Member
Mike NicholasBoard Member
Richard DonahueBoard Member
Shannon KellnerBoard Member
Tom ButkusBoard Member
Tom KlugBoard Member
Karthik RamachandranSec/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$226,928
Program Service Revenue
$83,259
Investment Income
$-997
Other Revenue
$68,456
All Other Contributions
$18
Change in Net Assets
$63,263
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$184,045
Other Expenses$130,338
Total Fundraising Expense$16,752
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$71,946$57,567$14,389$143,902
All Other Expenses$11,944$18,357-$30,301
Other Salaries and Wages$14,177$7,089$2,363$23,629
Payroll Taxes-$16,514-$16,514
Fees for Services Lobbying$15,000--$15,000
Other Expenses$7,900$175-$8,075
Travel$3,236$3,055-$6,291
Occupancy-$4,800-$4,800
Fees for Services Accounting-$4,390-$4,390
Office Expenses$190$2,346-$2,536
Conferences and Meetings$175$1,187-$1,362
Depreciation Depletion-$144-$144
Total Functional Expenses$143,553$154,078$16,752$314,383
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$2,368
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 4

The Bylaws were amended and restated at the November 2017 Board of Directors meeting. The changes to the Bylaws addressed the way that the Board of Directors is constituted to allow for a more flexible board structure and expand the qualifications requirements to allow for a broader and diverse pool of candidates to select from.

Form 990, Part VI, Section A, line 6

Organized with MembersTwo primary classes of membership - Core and Associate. Core members canbe voting members while Associate members cannot vote.

Form 990, Part VI, Section A, line 7A

The governing body as a unit has the authority to add members.

Form 990, Part VI, Section A, line 7B

Yes

Form 990, Part VI, Section B, line 11B

The Executive Committee reviews and edits the 990 return. The full board is provided with a copy of the Form 990, and is given the opportunity to review it prior to it being filed.

Form 990, Part VI, Section B, line 12C

Annually, the governing board members affirm their agreement and compliancewith the conflict resolution policy. During the year, the board members make the governing board aware of a potential conflict at the quarterlymeetings. The Board will then implement the policy to determine the propermethod to handle.

Form 990, Part VI, Section B, line 15

The process includes all of these elements: (1) review and approval by theboard of directors or compensation committee of the Organization; (2) useof data as to comparable compensation; and (3) contemporaneousdocumentation and recordkeeping.The process includes all of these elements: (1) review and approval by theboard of directors or compensation committee of the Organization; (2) useof data as to comparable compensation; and (3) contemporaneousdocumentation and recordkeeping.

Form 990, Part VI, Section C, line 19

If a written request is received, the information is mailed to the person requesting it. If someone comes to our office, the information is available for them to read and/or delivered to the requesting person by mail or electronically.

Filing and Contact Details

Filer

Filer Name
Kansas Bioscience Organization Inc
EIN
20-0013564
Phone
9134954334
Address
4220 Shawnee Mission Parkway 350B, Fairway, KS 66205
Doing Business As
BioKansas

Signing Officer

Name
Dennis Ridenour
Title
President
Phone
9134954334
Signed
2018-11-14

Organization Details

Principal Officer
Dennis Ridenour
Formed
2004
Legal Domicile
Ks
Voting Board Members
24
Independent Board Members
24
Employees
2
Volunteers
0

Preparer

Firm
Cavanaugh & Porter PA
Address
2915 SW Wanamaker Rd Suite 100, Topeka, KS 66614
Preparer
Byron Porter
Phone
7852282200
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt22President & CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
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IRS990/GrantsToOrganizationsInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0BioKansas is a unified voice representing the biosciences in Kansas. Across the human, plant, animal and industrial biosciences, BioKansas is focused on enhancing the business and research climate and working with leaders across the state to attract and retain bioscience talent, companies and funding.
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02346
IRS990/OfficeExpensesGrp/ProgramServicesAmt0190
IRS990/OfficeExpensesGrp/TotalAmt02536
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IRS990/OperateHospitalInd00
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IRS990/OtherExpensesGrp/Desc1Event
IRS990/OtherExpensesGrp/Desc2Website Maintenance
IRS990/OtherExpensesGrp/Desc3Contributions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028180
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1146
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210128
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3175
IRS990/OtherExpensesGrp/ProgramServicesAmt01013
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IRS990/OtherExpensesGrp/ProgramServicesAmt27900
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IRS990/OtherExpensesGrp/TotalAmt210128
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IRS990/ProgramServiceRevenueGrp/Desc1Industry Education/Out
IRS990/ProgramServiceRevenueGrp/Desc2Industry Advocacy
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt053530
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt127587
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22142
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22142
IRS990/ProgSrvcAccomActy2Grp/Desc0Industry Promotion and Community Outreach - BioKansas serves as the voice of the biosciences community in Kansas by representing our bioscience industry at conferences and through other public appearances and presentations.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt062168
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt053530
IRS990/ProgSrvcAccomActy3Grp/Desc0Advocacy - Life science and healthcare executivies work in highly regulated environments, but often don't know how to connect with State and Federal policymakers. BioKansas works with more than 150 life science and healthcare organizations in the region to help educate State and Federal legislators on science/healthcare topics.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt02142
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IRS990/PYBenefitsPaidToMembersAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt024198
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.03$0.03$0.67$0.69$0.02
2023Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.86$1.12$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.31$0.89$1.09$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.51$0.64$0.56$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$0.53$0.38$0.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.43$0.45$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.00$0.30$0.42$0.40$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.28$0.38$0.31$0.06
2017Summary only. Only limited summary data is available for this year.$0.29$0.00$0.28$0.38$0.31$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.00$0.22$0.35$0.26$0.09
2015Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$0.36$0.26$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.34$0.35$0.01
2013Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.36$0.36$0.00
2012Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.42$0.39$0.02
2011Summary only. Only limited summary data is available for this year.$0.03$0.01$0.02$0.50$0.55$0.05