Civic Intelligence

The Bioexec Institute Inc

990 • Fiscal year 2020 • EIN 20-4034018

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 15, 2020

1 BroadwayCambridge, MA 02142

(617) 758-4188

Siviq Scores

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

Liabilities / Assets

76th percentile

0.12x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.13x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

67th percentile

18%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

44th percentile

0.3%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-18%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$216,949

Up $686 (+0.3%) from 2019

Net Assets

Up

$190,943

Up $35,034 (+22%) from 2019

Liabilities

Down

$26,006

Down $34,348 (-57%) from 2019

Revenue

Down

$195,515

Down $42,265 (-18%) from 2019

Expenses

Down

$160,481

Down $181,021 (-53%) from 2019

Net Income

Up

$35,034

Up $138,756 (+134%) from 2019

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

2020

Assets$216,949
Liabilities$26,006
Net Assets$190,943

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

2020

Revenue$195,515
Expenses$160,481
Net Income$35,034
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 15, 2020
Return Version
2019v5.1
Gross Receipts
$195,515
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$215,290$216,778▲ $1,488
Land, Buildings, and Equipment, Net$973$171▼ $802
Total Assets$216,263$216,949▲ $686
Liabilities
Accounts Payable and Accrued Expenses$60,354$21,511▼ $38,843
Deferred Revenue-$4,495-
Total Liabilities$60,354$26,006▼ $34,348
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$155,909$190,943▲ $35,034
Total Net Assets Fund Balance$155,909$190,943▲ $35,034
Total Liabilities and Net Assets / Fund Balance$216,263$216,949▲ $686

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$171$7,767-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Helmut ScheuhslerDirector
Jean-pierre SommadossiDirector
Paul SekhriDirector
Stelios PapadopoulosDirector
Hoda Abou-jamraPrestreasclerk Director
Revenue and Support

Revenue Composition

Contributions and Grants
$195,515
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$195,515
Change in Net Assets
$35,034
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$140,481
Grants and Similar Amounts Paid$20,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$76,800$19,200-$96,000
Grants to Domestic Orgs$20,000--$20,000
Advertising$19,263--$19,263
Travel-$8,536-$8,536
Office Expenses$596$7,448-$8,044
Insurance$2,302$956-$3,258
Occupancy-$815-$815
Depreciation Depletion-$802-$802
Other Expenses$699$95-$794
Total Functional Expenses$122,629$37,852$0$160,481
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northeastern UniversityBoston, MA-Scholarship$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
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Officer directors etc family relationship Part VI line 2

Hoda abou-jamra (president/treasurer/clerk/director) and helmut schuehsler (director) are married.

Management duties delegation Part VI 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 governing body review Part VI line 11

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.

CEO executive director top management comp Part VI line 15A

The organizations 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 similary positions in like organizations.

Form 990 availability to public Part VI line 18

The organizations 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 organizations office.

Governing documents etc available to public Part VI line 19

Copies of the organizations 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 organizations office.

Filing and Contact Details

Filer

Filer Name
The Bioexec Institute Inc
EIN
20-4034018
Address
1 BROADWAY, CAMBRIDGE, MA 02142

Signing Officer

Name
Hoda Abou-jamra
Title
President
Phone
6177584188
Signed
2020-11-15
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
5

Preparer

Firm
Moriarty & Associates Pc
Address
144 GOULD ST STE 205, NEEDHAM, MA 02494
Preparer
Michael P Moriarty CPA
Phone
6178522214
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Administrative support:program services - $76,800management and general expenses - $19,200

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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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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTHEASTERN UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0041679980
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0360 HUNTINGTON AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002115
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HODA ABOU-JAMRA (PRESIDENT/TREASURER/CLERK/DIRECTOR) AND HELMUT SCHUEHSLER (DIRECTOR) ARE 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 ORGANIZATIONS 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 SIMILARY POSITIONS IN LIKE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS 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 ORGANIZATIONS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF THE ORGANIZATIONS 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 ORGANIZATIONS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADMINISTRATIVE SUPPORT:PROGRAM SERVICES - $76,800MANAGEMENT AND GENERAL EXPENSES - $19,200
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0216263
IRS990/TotalAssetsEOYAmt0216949
IRS990/TotalAssetsGrp/BOYAmt0216263
IRS990/TotalAssetsGrp/EOYAmt0216949
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0195515
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037852
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0122629
IRS990/TotalFunctionalExpensesGrp/TotalAmt0160481
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt060354
IRS990/TotalLiabilitiesEOYAmt026006
IRS990/TotalLiabilitiesGrp/BOYAmt060354
IRS990/TotalLiabilitiesGrp/EOYAmt026006
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0155909
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0190943
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0122629
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0195515
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0216263
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0216949
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt08536
IRS990/TravelGrp/TotalAmt08536
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.BIOEXECINSTITUTE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HODA ABOU-JAMRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06177584188
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BIOEXEC INSTITUTE INC
ReturnHeader/Filer/BusinessNameControlTxt0BIOE
ReturnHeader/Filer/EIN0204034018
ReturnHeader/Filer/USAddress/AddressLine1Txt01 BROADWAY
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002142
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0851572996
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MORIARTY & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0144 GOULD ST STE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEEDHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002494
ReturnHeader/PreparerPersonGrp/PhoneNum06178522214
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P MORIARTY CPA
ReturnHeader/ReturnTs02021-08-18T17:15:09-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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