Civic Intelligence

Bucks County Biotechnology Center Inc.

990 • Fiscal year 2016 • EIN 20-3672921

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

Organization ProfileWWW.PABIOTECHBC.ORG
3805 Old Easton RoadDoylestown, PA 18902

(215) 489-4948

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.51x

Higher debt load relative to assets than 72% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

3.58x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

73rd percentile

11%

Higher net margin than 73% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

54th percentile

$185,381

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

29th percentile

-2.3%

Faster asset growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

5.5%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$14,171,555

Down $326,246 (-2.3%) from 2015

Net Assets

Up

$6,991,050

Up $228,739 (+3.4%) from 2015

Liabilities

Down

$7,180,505

Down $554,985 (-7.2%) from 2015

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin73rd percentile

Revenue

Up

$2,008,456

Up $104,829 (+5.5%) from 2015

Expenses

Down

$1,779,717

Down $112,869 (-6.0%) from 2015

Net Income

Up

$228,739

Up $217,698 (+1972%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$40M$30M$20M$10M$0Assets 2011: $15,417,912Liabilities 2011: $8,605,314Net Assets 2011: $6,812,5982011Assets 2012: $15,048,293Liabilities 2012: $8,428,884Net Assets 2012: $6,619,4092012Assets 2013: $14,709,349Liabilities 2013: $8,060,244Net Assets 2013: $6,649,1052013Assets 2014: $14,700,816Liabilities 2014: $7,949,546Net Assets 2014: $6,751,2702014Assets 2015: $14,497,801Liabilities 2015: $7,735,490Net Assets 2015: $6,762,3112015Assets 2016: $14,171,555Liabilities 2016: $7,180,505Net Assets 2016: $6,991,0502016Assets 2017: $13,791,179Liabilities 2017: $8,705,751Net Assets 2017: $5,085,4282017Assets 2018: $14,979,907Liabilities 2018: $10,021,363Net Assets 2018: $4,958,5442018Assets 2019: $14,809,681Liabilities 2019: $9,788,897Net Assets 2019: $5,020,7842019Assets 2020: $16,705,402Liabilities 2020: $11,557,783Net Assets 2020: $5,147,6192020Assets 2021: $24,866,369Liabilities 2021: $19,105,891Net Assets 2021: $5,760,4782021Assets 2022: $38,271,152Liabilities 2022: $28,125,796Net Assets 2022: $10,145,3562022Assets 2023: $37,976,941Liabilities 2023: $23,773,503Net Assets 2023: $14,203,4382023Assets 2024: $36,005,466Liabilities 2024: $21,259,863Net Assets 2024: $14,745,6032024Assets 2025: $34,327,996Liabilities 2025: $19,600,532Net Assets 2025: $14,727,4642025

Highlighted filing

2016

Assets$14,171,555
Liabilities$7,180,505
Net Assets$6,991,050
Open 2016 Filing

Operations Trend

Revenue Growth58th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $1,593,821Expenses 2011: $1,579,546Net Income 2011: $14,2752011Expenses 2012: $1,756,6262012Revenue 2013: $1,648,024Expenses 2013: $1,618,328Net Income 2013: $29,6962013Revenue 2014: $1,751,141Expenses 2014: $1,648,976Net Income 2014: $102,1652014Revenue 2015: $1,903,627Expenses 2015: $1,892,586Net Income 2015: $11,0412015Revenue 2016: $2,008,456Expenses 2016: $1,779,717Net Income 2016: $228,7392016Revenue 2017: $1,903,424Expenses 2017: $1,809,046Net Income 2017: $94,3782017Revenue 2018: $2,005,036Expenses 2018: $2,131,920Net Income 2018: -$126,8842018Revenue 2019: $2,075,944Expenses 2019: $2,013,704Net Income 2019: $62,2402019Revenue 2020: $2,235,853Expenses 2020: $2,109,018Net Income 2020: $126,8352020Revenue 2021: $2,639,920Expenses 2021: $2,027,061Net Income 2021: $612,8592021Revenue 2022: $8,086,852Expenses 2022: $3,701,974Net Income 2022: $4,384,8782022Revenue 2023: $8,516,268Expenses 2023: $4,536,729Net Income 2023: $3,979,5392023Revenue 2024: $6,463,781Expenses 2024: $5,921,607Net Income 2024: $542,1742024Revenue 2025: $5,788,770Expenses 2025: $5,806,909Net Income 2025: -$18,1392025

Highlighted filing

2016

Revenue$2,008,456
Expenses$1,779,717
Net Income$228,739
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$2,263,554
Mission and Program Overview

Mission

The bucks county biotechnology center, inc. Is a nonprofit research organization dedicated to the creation of a world-class biotechnology center; to the promotion of regional economic development and job creation; and to the education and training of tomorrow's researchers.

The pennsylvania biotechnology center of bucks county is the result of a unique partnership to create an historic and transformational force from which discoveries will be born, students will be trained, and new companies will be launched.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,970,288$13,575,651▼ $394,637
Savings and Temporary Cash Investments$223,910$315,534▲ $91,624
Accounts Receivable$117,202$96,793▼ $20,409
Prepaid Expenses and Deferred Charges$7,749$3,363▼ $4,386
Total Assets$14,497,801$14,171,555▼ $326,246
Other Assets Total$178,652$180,214▲ $1,562
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,922,826$6,509,224▼ $413,602
Other Liabilities$565,572$589,785▲ $24,213
Accounts Payable and Accrued Expenses$214,494$76,819▼ $137,675
Deferred Revenue$32,598$4,677▼ $27,921
Total Liabilities$7,735,490$7,180,505▼ $554,985
Net Assets / Fund Balance
Unrestricted Net Assets$6,762,311$6,991,050▲ $228,739
Total Net Assets Fund Balance$6,762,311$6,991,050▲ $228,739
Total Liabilities and Net Assets / Fund Balance$14,497,801$14,171,555▼ $326,246

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,828,619$3,090,191$11,918,810
Buildings$3,460,205$1,170,828$4,631,033
Land$900,000-$900,000
Equipment$288,042$204,504$492,546
Other Land Buildings$98,785$165,588$264,373
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Dr Timothy M Block PhdPresident
Joseph Brosnan PhdVice President
Loren Danzis EsqDirector
Susan WardDirector
Louis P Kassa Iii MpaChief Operating Officer
Joel Rosen EsqSecretary
Majid AlsaayeghTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,057,370
Investment Income
$82
Other Revenue
$-48,996
Change in Net Assets
$228,739

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,008,374
Revenue Not Reported on Financial Statements
$82
Revenue Not Reported on Form 990
$255,098
Other Revenue Adjustments
$82
Total Revenue per Audited Statements
$2,263,472
Total Revenue per Form 990
$2,008,456
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,779,717
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$530,413--$530,413
Interest$289,789$1,749-$291,538
Other Expenses$48,259$28,349-$76,608
Insurance-$27,109-$27,109
Fees for Services Accounting-$14,700-$14,700
Fees for Services Other$7,237$4,959-$12,196
Information Technology-$6,680-$6,680
Fees for Services Legal-$5,141-$5,141
All Other Expenses$-179,283$-10,502-$-189,785
Total Functional Expenses$1,517,157$262,560$0$1,779,717

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,034,815
Expenses per Audited Statements$1,779,717
Total Expenses per Form 990$1,779,717
Expenses Not Reported on Form 990$255,098
Expenses Not Reported on Financial Statements$0
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Tenant Liabilities$235,908
Security Deposits$141,260
Capital Lease Obligations$130,488
Due to Affiliates$82,129
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
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 A, Line 2

“The bucks county biotechnology center is a joint venture between the hepatitis b foundation and delaware valley university. Each organization has equal representation on the board of directors. The hepatitis b foundation is affiliated with the bucks county biotechnology center as well as the baruch s. Blumberg institute through common management. Finally, the hepatitis b foundation, delaware valley university and the baruch s. Blumberg institute are all tenants renting space from the bucks county biotechnology center. Joan block, wife of timothy block, president, is board secretary of the baruch s. Blumberg institute and executive director of the hepatitis b foundation.”

Form 990, Part VI, Section A, Line 6

“Delaware valley university and the hepatitis b foundation are members of the center.”

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

“Board members should be appointed by and be comprised of three members from hepatitis b foundation and three members from delaware valley university.”

Form 990, Part VI, Section B, Line 11

“The form 990 is reviewed by the senior financial team. The form 990 is then given to the officers of the corporation, who review it, prior to being filed.”

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

“Every board member completes and signs a conflict of interest disclosure statement, which is reviewed annually with senior management and employees, ensuring compliance with the policy.”

Form 990, Part VI, Section B, Line 15

“The organization's top members of management are paid by the baruch s. Blumberg institute, not the bucks county biotechnology center. However, their compensation is determined by benchmarking data for the delaware valley region. Annual reviews are conducted to evaluate objective performance criteria.”

Form 990, Part VI, Section C, Line 19

“The form 990 is available on the guidestar website. No other documents are available to the public.”

Filing and Contact Details

Filer

Filer Name
Bucks County Biotechnology Center Inc
EIN
20-3672921
Phone
2154894948
Address
3805 OLD EASTON ROAD, DOYLESTOWN, PA 18902

Signing Officer

Name
Dr Timothy M Block
Title
President
Phone
2154894948
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Timothy M Block
Formed
2004
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Eisneramper Llp
Address
130 NORTH 18TH STREET SUITE 3000, PHILADELPHIA, PA 19103-2757
Preparer
Helen M Martin
Phone
2158818800
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINES 2C:

“The board of directors assumes responsibility for oversight of the audit and selection of the independent accountant. There has been no change to this process from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The internal revenue service ("irs") has classified the center as exempt from federal income taxes under section 501(c)(3) of the internal revenue code ("code"). In addition, the center qualifies for the charitable contribution deduction under section 170(b)(1)(a) of the code and has been classified as an organization other than a private foundation under section 509(a)(1) of the code. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken and recognize a tax liability if the center has taken an uncertain tax position that more likely than not would not be sustained upon examination by a government authority. Management has analyzed the tax positions taken by the center and has concluded that as of june 30, 2016 and 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The center recognizes accrued interest and penalties associated with uncertain tax positions, if any. There was no income tax related interest or penalties recorded for the years ended june 30, 2016 and 2015.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rental expense allocated to unrelated business income-debt-financed property 255,098.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“INTEREST INCOME 82.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expense allocated to unrelated business income-debt-financed property 255,098.”

Raw XML AppendixShowing 400 of 534 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0214494
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt076819
IRS990/AccountsReceivableGrp/BOYAmt0117202
IRS990/AccountsReceivableGrp/EOYAmt096793
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE PENNSYLVANIA BIOTECHNOLOGY CENTER OF BUCKS COUNTY IS THE RESULT OF A UNIQUE PARTNERSHIP TO CREATE AN HISTORIC AND TRANSFORMATIONAL FORCE FROM WHICH DISCOVERIES WILL BE BORN, STUDENTS WILL BE TRAINED, AND NEW COMPANIES WILL BE LAUNCHED.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-10502
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-179283
IRS990/AllOtherExpensesGrp/TotalAmt0-189785
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PATTI MCALOON
IRS990/BooksInCareOfDetail/PhoneNum02154894911
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03805 OLD EASTON ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0DOYLESTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd018902
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt082
IRS990/CYOtherExpensesAmt01779717
IRS990/CYOtherRevenueAmt0-48996
IRS990/CYProgramServiceRevenueAmt02057370
IRS990/CYRevenuesLessExpensesAmt0228739
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01779717
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02008456
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt032598
IRS990/DeferredRevenueGrp/EOYAmt04677
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0530413
IRS990/DepreciationDepletionGrp/TotalAmt0530413
IRS990/Desc0TO FOSTER BIOTECHNOLOGY THROUGH THE CONSTRUCTION, DEVELOPMENT,OWNERSHIP, AND OPERATION OF A BIOTECHNOLOGY RESEARCH CENTER. THERESEARCH FACILITY CONSISTS OF LABORATORIES, CLASSROOMS, AND OFFICESPACE TO BE USED TO ENCOURAGE AND DEVELOP SCIENTIFIC RESEARCH,INCLUDING COMMERCIALIZATION OF NEW DISCOVERIES AND TECHNOLOGIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01517157
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014700
IRS990/FeesForServicesAccountingGrp/TotalAmt014700
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05141
IRS990/FeesForServicesLegalGrp/TotalAmt05141
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04959
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt07237
IRS990/FeesForServicesOtherGrp/TotalAmt012196
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt012.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt341.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt022962
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt623398
IRS990/Form990PartVIISectionAGrp/PersonNm0DR TIMOTHY M BLOCK PHD
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH BROSNAN PHD
IRS990/Form990PartVIISectionAGrp/PersonNm2JOEL ROSEN ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm3LOREN DANZIS ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm4SUSAN WARD
IRS990/Form990PartVIISectionAGrp/PersonNm5MAJID ALSAAYEGH
IRS990/Form990PartVIISectionAGrp/PersonNm6LOUIS P KASSA III MPA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0162419
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6143067
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF OPERATING OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02263554
IRS990/GrossRentsGrp/RealAmt0206102
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06680
IRS990/InformationTechnologyGrp/TotalAmt06680
IRS990/InsuranceGrp/ManagementAndGeneralAmt027109
IRS990/InsuranceGrp/TotalAmt027109
IRS990/InterestGrp/ManagementAndGeneralAmt01749
IRS990/InterestGrp/ProgramServicesAmt0289789
IRS990/InterestGrp/TotalAmt0291538
IRS990/InvestmentIncomeGrp/ExclusionAmt082
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt082
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04631111
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013970288
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013575651
IRS990/LandBldgEquipCostOrOtherBssAmt018206762
IRS990/LegalDomicileStateCd0PA
IRS990/LessRentalExpensesGrp/RealAmt0255098
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE BUCKS COUNTY BIOTECHNOLOGY CENTER, INC. IS A NONPROFIT RESEARCH ORGANIZATION DEDICATED TO THE CREATION OF A WORLD-CLASS BIOTECHNOLOGY CENTER; TO THE PROMOTION OF REGIONAL ECONOMIC DEVELOPMENT AND JOB CREATION; AND TO THE EDUCATION AND TRAINING OF TOMORROW'S RESEARCHERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06922826
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06509224
IRS990/NetAssetsOrFundBalancesBOYAmt06762311
IRS990/NetAssetsOrFundBalancesEOYAmt06991050
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-3606
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-48996
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-45390
IRS990/NetUnrelatedBusTxblIncmAmt0-45390
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0178652
IRS990/OtherAssetsTotalGrp/EOYAmt0180214
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/Desc2FACILITY OPERATIONS
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02582
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11793
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2180000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt328349
IRS990/OtherExpensesGrp/ProgramServicesAmt0427674
IRS990/OtherExpensesGrp/ProgramServicesAmt1297068
IRS990/OtherExpensesGrp/ProgramServicesAmt296000
IRS990/OtherExpensesGrp/ProgramServicesAmt348259
IRS990/OtherExpensesGrp/TotalAmt0430256
IRS990/OtherExpensesGrp/TotalAmt1298861
IRS990/OtherExpensesGrp/TotalAmt2276000
IRS990/OtherExpensesGrp/TotalAmt376608
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0565572
IRS990/OtherLiabilitiesGrp/EOYAmt0589785
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07749
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03363
IRS990/PrincipalOfficerNm0DR TIMOTHY M BLOCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02057370
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02057370
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt083
IRS990/PYOtherExpensesAmt01892586
IRS990/PYOtherRevenueAmt0-65024
IRS990/PYProgramServiceRevenueAmt01968568
IRS990/PYRevenuesLessExpensesAmt011041
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01892586
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01903627
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0228739
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-48996
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02057370
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0223910
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0315534
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0232655669
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1231352665
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt074000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt172000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HEPATITIS B FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1DELAWARE VALLEY UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0146000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03460205
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01170828
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04631033
IRS990ScheduleD/EquipmentGrp/BookValueAmt0288042
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0204504
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0492546
IRS990ScheduleD/ExpensesNotReportedAmt0255098
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01779717
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0900000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0900000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08828619
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03090191
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011918810
IRS990ScheduleD/OtherExpensesIncludedAmt0255098
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt098785
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0165588
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0264373
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082129
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1141260
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2235908
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3130488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER TENANT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CAPITAL LEASE OBLIGATIONS
IRS990ScheduleD/OtherRevenueAmt0255098
IRS990ScheduleD/OtherRevenuesNotIncludedAmt082
IRS990ScheduleD/RevenueNotReportedAmt0255098
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt082
IRS990ScheduleD/RevenueSubtotalAmt02008374
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE ("IRS") HAS CLASSIFIED THE CENTER AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"). IN ADDITION, THE CENTER QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) OF THE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE CENTER HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CENTER AND HAS CONCLUDED THAT AS OF JUNE 30, 2016 AND 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CENTER RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WAS NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2016 AND 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSE ALLOCATED TO UNRELATED BUSINESS INCOME-DEBT-FINANCED PROPERTY 255,098.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTEREST INCOME 82.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENTAL EXPENSE ALLOCATED TO UNRELATED BUSINESS INCOME-DEBT-FINANCED PROPERTY 255,098.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013575651
IRS990ScheduleD/TotalExpensesPerForm990Amt01779717
IRS990ScheduleD/TotalLiabilityAmt0589785
IRS990ScheduleD/TotalRevenuePerForm990Amt02008456
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02263472
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02034815
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0162419
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1143067
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt12221
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017962
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt121177
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR TIMOTHY M BLOCK PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1LOUIS P KASSA III MPA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF OPERATING OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0185381
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1166465
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE COMPENSATION FOR TIMOTHY BLOCK IS ESTABLISHED BY A RELATED ENTITY, THE BARUCH S. BLUMBERG INSTITUTE, VIA A COMPENSATION COMMITTEE, BOARD APPROVAL, AND A WRITTEN EMPLOYMENT CONTRACT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BUCKS COUNTY BIOTECHNOLOGY CENTER IS A JOINT VENTURE BETWEEN THE HEPATITIS B FOUNDATION AND DELAWARE VALLEY UNIVERSITY. EACH ORGANIZATION HAS EQUAL REPRESENTATION ON THE BOARD OF DIRECTORS. THE HEPATITIS B FOUNDATION IS AFFILIATED WITH THE BUCKS COUNTY BIOTECHNOLOGY CENTER AS WELL AS THE BARUCH S. BLUMBERG INSTITUTE THROUGH COMMON MANAGEMENT. FINALLY, THE HEPATITIS B FOUNDATION, DELAWARE VALLEY UNIVERSITY AND THE BARUCH S. BLUMBERG INSTITUTE ARE ALL TENANTS RENTING SPACE FROM THE BUCKS COUNTY BIOTECHNOLOGY CENTER. JOAN BLOCK, WIFE OF TIMOTHY BLOCK, PRESIDENT, IS BOARD SECRETARY OF THE BARUCH S. BLUMBERG INSTITUTE AND EXECUTIVE DIRECTOR OF THE HEPATITIS B FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DELAWARE VALLEY UNIVERSITY AND THE HEPATITIS B FOUNDATION ARE MEMBERS OF THE CENTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS SHOULD BE APPOINTED BY AND BE COMPRISED OF THREE MEMBERS FROM HEPATITIS B FOUNDATION AND THREE MEMBERS FROM DELAWARE VALLEY UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE SENIOR FINANCIAL TEAM. THE FORM 990 IS THEN GIVEN TO THE OFFICERS OF THE CORPORATION, WHO REVIEW IT, PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EVERY BOARD MEMBER COMPLETES AND SIGNS A CONFLICT OF INTEREST DISCLOSURE STATEMENT, WHICH IS REVIEWED ANNUALLY WITH SENIOR MANAGEMENT AND EMPLOYEES, ENSURING COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S TOP MEMBERS OF MANAGEMENT ARE PAID BY THE BARUCH S. BLUMBERG INSTITUTE, NOT THE BUCKS COUNTY BIOTECHNOLOGY CENTER. HOWEVER, THEIR COMPENSATION IS DETERMINED BY BENCHMARKING DATA FOR THE DELAWARE VALLEY REGION. ANNUAL REVIEWS ARE CONDUCTED TO EVALUATE OBJECTIVE PERFORMANCE CRITERIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FORM 990 IS AVAILABLE ON THE GUIDESTAR WEBSITE. NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THERE HAS BEEN NO CHANGE TO THIS PROCESS FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,171,555
Liabilities
$7,180,505
Net assets
$6,991,050
Revenue
$2,008,456
Expenses
$1,779,717
Net income
$228,739
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$34.3$19.6$14.7$5.79$5.81$0.02
2024Detailed filing. Detailed filing data is available for this year.$36.0$21.3$14.7$6.46$5.92$0.54
2023Detailed filing. Detailed filing data is available for this year.$38.0$23.8$14.2$8.52$4.54$3.98
2022Detailed filing. Detailed filing data is available for this year.$38.3$28.1$10.1$8.09$3.70$4.38
2021Detailed filing. Detailed filing data is available for this year.$24.9$19.1$5.76$2.64$2.03$0.61
2020Detailed filing. Detailed filing data is available for this year.$16.7$11.6$5.15$2.24$2.11$0.13
2019Detailed filing. Detailed filing data is available for this year.$14.8$9.79$5.02$2.08$2.01$0.06
2018Detailed filing. Detailed filing data is available for this year.$15.0$10.0$4.96$2.01$2.13$0.13
2017Detailed filing. Detailed filing data is available for this year.$13.8$8.71$5.09$1.90$1.81$0.09
2016Detailed filing. Detailed filing data is available for this year.$14.2$7.18$6.99$2.01$1.78$0.23
2015Detailed filing. Detailed filing data is available for this year.$14.5$7.74$6.76$1.90$1.89$0.01
2014Detailed filing. Detailed filing data is available for this year.$14.7$7.95$6.75$1.75$1.65$0.10
2013Summary only. Only limited summary data is available for this year.$14.7$8.06$6.65$1.65$1.62$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$8.43$6.62$1.76
2011Summary only. Only limited summary data is available for this year.$15.4$8.61$6.81$1.59$1.58$0.01