Civic Intelligence

Lifesciences Ny Inc

EIN 20-1405018 • 501(c)6 • Syracuse, NY

Profile

To develop collaborative bilateral and multilateral relationships within the new york business community to further growth of medical technology companies, as well as developers of enabling technologies and services, through an organized networking and information sharing structure

PO Box 331Syracuse, NY 13206

www.lifesciencesny.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.57x

Higher debt load relative to assets than 91% of similar nonprofits.

NTEE H • <$500k nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

0.60x

Higher debt load relative to revenue than 93% of similar nonprofits.

NTEE H • <$500k nonprofits • Source year 2025

Net Margin

35th percentile

-0.8%

Higher net margin than 35% of similar nonprofits.

NTEE H • <$500k nonprofits • Source year 2025

Top Officer Pay

99th percentile

$155,724

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 46.0% of source-year revenue.

NTEE H • <$500k nonprofits • Source year 2025

Asset Growth

46th percentile

-0.5%

Faster asset growth than 46% of similar nonprofits.

NTEE H • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

7.7%

Faster revenue growth than 59% of similar nonprofits.

NTEE H • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$357,487

Down $1,828 (-0.5%) from 2024

Liabilities

Up

$204,477

Up $711 (+0.3%) from 2024

Net Assets

Down

$153,010

Down $2,539 (-1.6%) from 2024

Operations
Liabilities / Revenue93rd percentileNet Margin35th percentile

Revenue

Up

$338,227

Up $24,175 (+7.7%) from 2024

Expenses

Down

$340,766

Down $47,443 (-12%) from 2024

Net Income

Up

-$2,539

Up $71,618 (+97%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2011: $150,594Liabilities 2011: $69,064Net Assets 2011: $81,5302011Assets 2012: $106,942Liabilities 2012: $55,065Net Assets 2012: $51,8772012Assets 2013: $349,288Liabilities 2013: $291,684Net Assets 2013: $57,6042013Assets 2014: $513,394Liabilities 2014: $437,312Net Assets 2014: $76,0822014Assets 2015: $209,721Liabilities 2015: $147,342Net Assets 2015: $62,3792015Assets 2016: $153,696Liabilities 2016: $66,719Net Assets 2016: $86,9772016Assets 2017: $176,254Liabilities 2017: $67,414Net Assets 2017: $108,8402017Assets 2018: $122,692Liabilities 2018: $35,728Net Assets 2018: $86,9642018Assets 2019: $264,307Liabilities 2019: $260,071Net Assets 2019: $4,2362019Assets 2020: $226,707Liabilities 2020: $279,722Net Assets 2020: -$53,0152020Assets 2021: $251,316Liabilities 2021: $263,798Net Assets 2021: -$12,4822021Assets 2022: $281,528Liabilities 2022: $223,654Net Assets 2022: $57,8742022Assets 2023: $470,528Liabilities 2023: $240,822Net Assets 2023: $229,7062023Assets 2024: $359,315Liabilities 2024: $203,766Net Assets 2024: $155,5492024Assets 2025: $357,487Liabilities 2025: $204,477Net Assets 2025: $153,0102025

Highlighted filing

2025

Assets$357,487
Liabilities$204,477
Net Assets$153,010
Open 2025 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $461,7632011Expenses 2012: $494,3632012Expenses 2013: $363,5072013Revenue 2014: $575,396Expenses 2014: $556,918Net Income 2014: $18,4782014Revenue 2015: $538,959Expenses 2015: $552,662Net Income 2015: -$13,7032015Revenue 2016: $549,773Expenses 2016: $525,175Net Income 2016: $24,5982016Revenue 2017: $532,024Expenses 2017: $510,158Net Income 2017: $21,8662017Revenue 2018: $399,485Expenses 2018: $421,364Net Income 2018: -$21,8792018Revenue 2019: $361,949Expenses 2019: $458,560Net Income 2019: -$96,6112019Revenue 2020: $336,922Expenses 2020: $394,173Net Income 2020: -$57,2512020Revenue 2021: $356,371Expenses 2021: $315,615Net Income 2021: $40,7562021Revenue 2022: $418,855Expenses 2022: $348,499Net Income 2022: $70,3562022Revenue 2023: $491,083Expenses 2023: $319,251Net Income 2023: $171,8322023Revenue 2024: $314,052Expenses 2024: $388,209Net Income 2024: -$74,1572024Revenue 2025: $338,227Expenses 2025: $340,766Net Income 2025: -$2,5392025

Highlighted filing

2025

Revenue$338,227
Expenses$340,766
Net Income-$2,539
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$357,487
Liabilities
$204,477
Net assets
$153,010
Revenue
$338,227
Expenses
$340,766
Net income
-$2,539
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.57$2.04$1.53$3.38$3.41$0.03
2024Detailed filing. Detailed filing data is available for this year.$3.59$2.04$1.56$3.14$3.88$0.74
2023Detailed filing. Detailed filing data is available for this year.$4.71$2.41$2.30$4.91$3.19$1.72
2022Detailed filing. Detailed filing data is available for this year.$2.82$2.24$0.58$4.19$3.48$0.70
2021Detailed filing. Detailed filing data is available for this year.$2.51$2.64$0.12$3.56$3.16$0.41
2020Detailed filing. Detailed filing data is available for this year.$2.27$2.80$0.53$3.37$3.94$0.57
2019Detailed filing. Detailed filing data is available for this year.$2.64$2.60$0.04$3.62$4.59$0.97
2018Detailed filing. Detailed filing data is available for this year.$1.23$0.36$0.87$3.99$4.21$0.22
2017Detailed filing. Detailed filing data is available for this year.$1.76$0.67$1.09$5.32$5.10$0.22
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.67$0.87$5.50$5.25$0.25
2015Summary only. Only limited summary data is available for this year.$2.10$1.47$0.62$5.39$5.53$0.14
2014Detailed filing. Detailed filing data is available for this year.$5.13$4.37$0.76$5.75$5.57$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$2.92$0.58$3.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.55$0.52$4.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.69$0.82$4.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 27, 2026
Return Version
2024v5.5
Gross Receipts
$338,227
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$168,000$146,500▼ $21,500
Savings and Temporary Cash Investments$118,741$132,061▲ $13,320
Cash and Non-Interest-Bearing Accounts$66,358$70,642▲ $4,284
Prepaid Expenses and Deferred Charges$6,216$8,284▲ $2,068
Total Assets$359,315$357,487▼ $1,828
Liabilities
Deferred Revenue$181,975$192,450▲ $10,475
Accounts Payable and Accrued Expenses$21,791$12,027▼ $9,764
Total Liabilities$203,766$204,477▲ $711
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$155,549$153,010▼ $2,539
Total Net Assets Fund Balance$155,549$153,010▼ $2,539
Total Liabilities and Net Assets / Fund Balance$359,315$357,487▼ $1,828
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Winthrop ThurlowExecutive DirectorFT$155,724$155,724

Board Members and Trustees

NameTitle
Sarah OlikerChairman
Jeff ChampagneVice Chairman
Ben BurtonDirector
Chris NevilleDirector
Chris RobertsDirector
David GottfriedDirector
James GrabowskiDirector
Joe ChiapperiDirector
Jonathan StoneDirector
Lisa ManningDirector
Lisa SmithDirector
Lou WalcerDirector
Michelle BonnDirector
Nipa ModyDirector
Norma NowakDirector
Pierre MorrisseauDirector
Saleem CheeksSecretary
Jim LeggettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$336,943
Investment Income
$1,284
Other Revenue
$0
Change in Net Assets
$-2,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$226,280
Other Expenses$114,486
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$160,560
Other Salaries and Wages---$40,140
Conferences and Meetings---$34,230
Fees for Services Lobbying---$27,300
Payroll Taxes---$16,376
Advertising---$13,093
Fees for Services Legal---$12,798
Pension Plan Contributions---$5,934
Travel---$5,843
Insurance---$3,923
Office Expenses---$3,698
Information Technology---$3,538
Other Employee Benefits---$3,270
Fees for Services Other---$1,389
Other Expenses---$1,075
Total Functional Expenses$0$0$0$340,766
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$155,869
Current Year Nondeductible Lobbying and Political Cost$27,300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
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
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is presented to the board before filing.”

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

“The organization requires directors to annually disclose in writing any potential conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“The board of directors annually reviews the performance of the executive director and approves compensation. Bonus compensation is based on weighted criteria (year-end results) that maxes out at 20%.”

Form 990, Part VI, Section C, Line 19

“All documents, policies and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Lifesciences Ny Inc
EIN
20-1405018
Phone
3154237200
Address
PO BOX 331, SYRACUSE, NY 13206

Signing Officer

Name
Jim Leggett
Title
Treasurer
Phone
3154237200
Signed
2026-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Leggett
Formed
2004
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
2
Volunteers
0

Preparer

Firm
Bonadio & Co Llp
Address
171 SULLYS TRAIL, PITTSFORD, NY 14534
Preparer
David Dinolfo
Phone
5853811000
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IRS990/MissionDesc0SEE SCHEDULE O
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IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
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IRS990/OtherExpensesGrp/TotalAmt12310
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IRS990/OtherExpensesGrp/TotalAmt31075
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WINTHROP THURLOW
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES DIRECTORS TO ANNUALLY DISCLOSE IN WRITING ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND APPROVES COMPENSATION. BONUS COMPENSATION IS BASED ON WEIGHTED CRITERIA (YEAR-END RESULTS) THAT MAXES OUT AT 20%.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 331
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IRS990/USAddress/ZIPCd013206
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IRS990/WebsiteAddressTxt0WWW.LIFESCIENCESNY.ORG
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM LEGGETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03154237200
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFESCIENCES NY INC
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0201405018
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