Civic Intelligence

The Bioexec Institute Inc

990 • Fiscal year 2017 • EIN 20-4034018

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

1 Broadway No FL 14Cambridge, MA 02142

(617) 758-4188

Siviq Scores

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

Liabilities / Assets

86th percentile

0.31x

Higher debt load relative to assets than 86% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.36x

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

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

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

59th percentile

7.7%

Faster asset growth than 59% of similar nonprofits.

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

Revenue Growth

39th percentile

-5.6%

Faster revenue growth than 39% of similar nonprofits.

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

Assets

Up

$410,339

Up $29,179 (+7.7%) from 2016

Net Assets

Down

$281,180

Down $39,486 (-12%) from 2016

Liabilities

Up

$129,159

Up $68,665 (+114%) from 2016

Revenue

Down

$361,135

Down $21,545 (-5.6%) from 2016

Expenses

Up

$400,621

Up $20,075 (+5.3%) from 2016

Net Income

Down

-$39,486

Down $41,620 (-1950%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $239,267Liabilities 2011: $60,927Net Assets 2011: $178,3402011Assets 2012: $192,584Liabilities 2012: $5,382Net Assets 2012: $187,2022012Assets 2013: $282,428Liabilities 2013: $6,055Net Assets 2013: $276,3732013Assets 2014: $333,226Liabilities 2014: $22,651Net Assets 2014: $310,5752014Assets 2015: $329,851Liabilities 2015: $11,319Net Assets 2015: $318,5322015Assets 2016: $381,160Liabilities 2016: $60,494Net Assets 2016: $320,6662016Assets 2017: $410,339Liabilities 2017: $129,159Net Assets 2017: $281,1802017Assets 2018: $375,475Liabilities 2018: $115,844Net Assets 2018: $259,6312018Assets 2019: $216,263Liabilities 2019: $60,354Net Assets 2019: $155,9092019Assets 2020: $216,949Liabilities 2020: $26,006Net Assets 2020: $190,9432020Assets 2021: $119,770Liabilities 2021: $7,495Net Assets 2021: $112,2752021Assets 2022: $79,816Liabilities 2022: $7,721Net Assets 2022: $72,0952022Assets 2023: $42,383Liabilities 2023: $4,992Net Assets 2023: $37,3912023Assets 2024: $14,046Liabilities 2024: $2,6002024

Highlighted filing

2017

Assets$410,339
Liabilities$129,159
Net Assets$281,180

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $227,3402011Expenses 2012: $287,6682012Expenses 2013: $248,2192013Revenue 2014: $358,620Expenses 2014: $324,418Net Income 2014: $34,2022014Revenue 2015: $389,545Expenses 2015: $381,588Net Income 2015: $7,9572015Revenue 2016: $382,680Expenses 2016: $380,546Net Income 2016: $2,1342016Revenue 2017: $361,135Expenses 2017: $400,621Net Income 2017: -$39,4862017Revenue 2018: $322,250Expenses 2018: $343,797Net Income 2018: -$21,5472018Revenue 2019: $237,780Expenses 2019: $341,502Net Income 2019: -$103,7222019Revenue 2020: $195,515Expenses 2020: $160,481Net Income 2020: $35,0342020Revenue 2021: $0Expenses 2021: $78,668Net Income 2021: -$78,6682021Revenue 2022: $5,000Expenses 2022: $45,180Net Income 2022: -$40,1802022Expenses 2023: $34,7032023Revenue 2024: $0Expenses 2024: $25,945Net Income 2024: -$25,9452024

Highlighted filing

2017

Revenue$361,135
Expenses$400,621
Net Income-$39,486
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$361,135
Mission and Program Overview

Mission

To encourage the building and strengthening of collaborative working relationships amongst life science industry leaders in a global context; promote continued investment and growth in the life sciences; to review exciting new opportunities for future investment and innovation.

The organization's primary exempt purpose is to encourage the building and strengthening of collaborative working relationships amongst life science industry leaders in a global context; to promote continued investment and growth in the life sciences; and to review exciting new opportunities for future investment and innovation in the life sciences on an international level.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$375,724$401,490▲ $25,766
Accounts Receivable-$5,000-
Land, Buildings, and Equipment, Net$5,436$3,849▼ $1,587
Total Assets$381,160$410,339▲ $29,179
Liabilities
Accounts Payable and Accrued Expenses$60,494$129,159▲ $68,665
Total Liabilities$60,494$129,159▲ $68,665
Net Assets / Fund Balance
Unrestricted Net Assets$320,666$281,180▼ $39,486
Total Net Assets Fund Balance$320,666$281,180▼ $39,486
Total Liabilities and Net Assets / Fund Balance$381,160$410,339▲ $29,179

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,849$4,089-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Helmut SchuehslerDirector
Jean-pierre Sommadossi PhdDirector
Paul SekhriDirector
Stelios PapadopoulosDirector
Hoda Abou-jamraPres,treas,clerk,director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$361,135
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-39,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$375,440
Grants and Similar Amounts Paid$25,181
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$233,074$99-$233,173
Fees for Services Other$59,724$14,400-$74,124
Advertising$29,196--$29,196
Grants to Domestic Orgs$22,000--$22,000
Fees for Services Management$15,410--$15,410
Office Expenses$203$5,838-$6,041
Fees for Services Accounting-$3,800-$3,800
Insurance$2,273$956-$3,229
Foreign Grants$3,181--$3,181
Fees for Services Legal-$2,450-$2,450
Depreciation Depletion-$1,587-$1,587
Occupancy-$900-$900
Other Expenses$518$113-$518
Information Technology-$450-$450
Total Functional Expenses$370,028$30,593$0$400,621
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northeastern UniversityBoston, MA-Scholarship Fund to Recruit Women From Emerging Countries Interested in the Sciences.$20,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Hoda abou-jamra - president/treasurer/clerk/director helmut schuehsler - director married

Form 990, Part VI, Section A, Line 3

The board of directors delegates the daily operational functions of bookkeeping and general administrative tasks to mary ryan, an independent consultant who also provides these services to similar organizations.

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

The board of directors is provided with a draft copy of the form 990 that is prepared by an independent certified public accountant to review. Each member acknowledges that they have reviewed the return. Upon receipt of acknowledgement from all board members, the form 990 is signed by an authorized officer and filed with the internal revenue service.

Form 990, Part VI, Section B, Line 15A

The organization's management is conducted by all volunteers. Daily operational duties are outsourced to an administrative consultant who is paid on a retainer basis at rates charged by similar consultants for similar services. Prior to hiring any executive or management staff, the board of directors will undertake appropriate review of executive compensation by comparing the position to similar positions in like organizations.

Form 990, Part VI, Section C, Line 18

The organization's form 990 and associated state filings are available to the general public on the website of the attorney general of the commonwealth of massachusetts and/or upon request made to the organization's office.

Form 990, Part VI, Section C, Line 19

Copies of the organization's articles of incorporation are available on the website of the secretary of the commonwealth of massachusetts. Copies of other governing documents are available upon request made to the organization's office.

Filing and Contact Details

Filer

Filer Name
The Bioexec Institute Inc
EIN
20-4034018
Phone
6177584188
Address
1 BROADWAY NO FL 14, CAMBRIDGE, MA 02142

Signing Officer

Name
Hoda Abou-jamra
Title
President
Phone
6177584188
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hoda Abou-jamra
Formed
2006
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Rj Gold & Company Pc
Address
ONE WALL STREET, BURLINGTON, MA 01803
Preparer
Michael Moriarty CPA
Phone
7812722283
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Administrative support: program service expenses 57,600. Management and general expenses 14,400. Fundraising expenses 0. Total expenses 72,000. Postage: program service expenses 1,889. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,889. Printing & publications: program service expenses 235. Management and general expenses 0. Fundraising expenses 0. Total expenses 235.

Financial Statement Notes

PART X, LINE 2:

The institute accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statements regarding a tax position taken or expected to be taken in a tax return. The institute has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at june 30, 2017 and 2016. Additionally, the institute believes that its tax-exempt status would more likely than not be sustained under examination. The institute's tax returns that have been filed and are subject to examination are for the years ended june 30, 2016, 2015, and 2014.

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

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0389545
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0358620
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0336390
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt04089
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INSTITUTE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INSTITUTE HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2017 AND 2016. ADDITIONALLY, THE INSTITUTE BELIEVES THAT ITS TAX-EXEMPT STATUS WOULD MORE LIKELY THAN NOT BE SUSTAINED UNDER EXAMINATION. THE INSTITUTE'S TAX RETURNS THAT HAVE BEEN FILED AND ARE SUBJECT TO EXAMINATION ARE FOR THE YEARS ENDED JUNE 30, 2016, 2015, AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP FUND TO RECRUIT WOMEN FROM EMERGING COUNTRIES INTERESTED IN THE SCIENCES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTHEASTERN UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0041679980
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0716 COLUMBUS AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES GRANTS TO QUALIFIED ORGANIZATIONS WITH THE APPROVAL OF THE BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HODA ABOU-JAMRA - PRESIDENT/TREASURER/CLERK/DIRECTOR HELMUT SCHUEHSLER - DIRECTOR MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS DELEGATES THE DAILY OPERATIONAL FUNCTIONS OF BOOKKEEPING AND GENERAL ADMINISTRATIVE TASKS TO MARY RYAN, AN INDEPENDENT CONSULTANT WHO ALSO PROVIDES THESE SERVICES TO SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS PROVIDED WITH A DRAFT COPY OF THE FORM 990 THAT IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT TO REVIEW. EACH MEMBER ACKNOWLEDGES THAT THEY HAVE REVIEWED THE RETURN. UPON RECEIPT OF ACKNOWLEDGEMENT FROM ALL BOARD MEMBERS, THE FORM 990 IS SIGNED BY AN AUTHORIZED OFFICER AND FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S MANAGEMENT IS CONDUCTED BY ALL VOLUNTEERS. DAILY OPERATIONAL DUTIES ARE OUTSOURCED TO AN ADMINISTRATIVE CONSULTANT WHO IS PAID ON A RETAINER BASIS AT RATES CHARGED BY SIMILAR CONSULTANTS FOR SIMILAR SERVICES. PRIOR TO HIRING ANY EXECUTIVE OR MANAGEMENT STAFF, THE BOARD OF DIRECTORS WILL UNDERTAKE APPROPRIATE REVIEW OF EXECUTIVE COMPENSATION BY COMPARING THE POSITION TO SIMILAR POSITIONS IN LIKE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FORM 990 AND ASSOCIATED STATE FILINGS ARE AVAILABLE TO THE GENERAL PUBLIC ON THE WEBSITE OF THE ATTORNEY GENERAL OF THE COMMONWEALTH OF MASSACHUSETTS AND/OR UPON REQUEST MADE TO THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE ON THE WEBSITE OF THE SECRETARY OF THE COMMONWEALTH OF MASSACHUSETTS. COPIES OF OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST MADE TO THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADMINISTRATIVE SUPPORT: PROGRAM SERVICE EXPENSES 57,600. MANAGEMENT AND GENERAL EXPENSES 14,400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,000. POSTAGE: PROGRAM SERVICE EXPENSES 1,889. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,889. PRINTING & PUBLICATIONS: PROGRAM SERVICE EXPENSES 235. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 235.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HODA ABOU-JAMRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06177584188
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BIOEXEC INSTITUTE INC
ReturnHeader/Filer/BusinessNameControlTxt0BIOE
ReturnHeader/Filer/EIN0204034018
ReturnHeader/Filer/PhoneNum06177584188
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.162.136.169
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm009:45:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042709439
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RJ GOLD & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE WALL STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001803
ReturnHeader/PreparerPersonGrp/PhoneNum07812722283
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL MORIARTY CPA
ReturnHeader/ReturnTs02018-05-15T10:25:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$0.14$0.03$0.00$0.26$0.26
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.05$0.37$0.35
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.08$0.72$0.05$0.45$0.40
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.07$1.12$0.00$0.79$0.79
2020Detailed filing. Detailed filing data is available for this year.$2.17$0.26$1.91$1.96$1.60$0.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.16$0.60$1.56$2.38$3.42$1.04
2018Detailed filing. Detailed filing data is available for this year.$3.75$1.16$2.60$3.22$3.44$0.22
2017Detailed filing. Detailed filing data is available for this year.$4.10$1.29$2.81$3.61$4.01$0.39
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$0.60$3.21$3.83$3.81$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.30$0.11$3.19$3.90$3.82$0.08
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.23$3.11$3.59$3.24$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.06$2.76$2.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.05$1.87$2.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.61$1.78$2.27